[dark.k...]

Any for study group?

MA/ISORG/MICRO/LBO!

PM Me thanks

Good luck for those having exams now!

[jacky3292]

Anyone going UB in May 13?

[GucciC...]

anyone will be going to UoB international business for july 2012?

[sky_boi]

Kaplan courses doesn't seem to be very well received here uh?

:x

[forfunnia]

Any UOL 1st year here? care to meet, be friend and form study group?

[ecity]

yoyoyoz, on Jun 30 2011, 11:40 AM, said:

I think RMIT would be a better exposure since you get to do hand on stuff like working on projects, similar to what u were doing in poly. While UOL offers more like A level exams and learning format. I guess if u think about going out to look for jobs, employers will always ask what experiences do you have. So I personally believe that having hand on exposure is an advantage.

Good point. Always look at the issue from an employer's POV.

[yoyoyoz]

sky_boi, on Jun 27 2011, 12:13 AM, said:

thanks for the advices (:

i am comparing between the courses offered by UOL and RMIT, and i've heard a lot about the latter being easier, faster completion/more exemptions for business poly grads (important for NSFs like me!) and the difference in exam formats...

anyone care to share some information and your thoughts?

I think RMIT would be a better exposure since you get to do hand on stuff like working on projects, similar to what u were doing in poly. While UOL offers more like A level exams and learning format. I guess if u think about going out to look for jobs, employers will always ask what experiences do you have. So I personally believe that having hand on exposure is an advantage.

[ecity]

sky_boi, on Jun 27 2011, 12:13 AM, said:

thanks for the advices (:

i am comparing between the courses offered by UOL and RMIT, and i've heard a lot about the latter being easier, faster completion/more exemptions for business poly grads (important for NSFs like me!) and the difference in exam formats...

anyone care to share some information and your thoughts?

Why are you so concerned about it 'being easier'? An easier course is worth a lot less - you think the employers are stupid and only look at results rather than the calibre of the course?

You can go to some chapalang university and score 100% for all their exams as they will make it so easy any idiot can get top grades - but who are you fooling? Yourself? Cos any future employer is certainly not going to be fooled.

There's really no point in fooling yourself like that my friend. This kind of "ooh I am so smart, look at my excellent results" attitude isn't going to fool anyone my friend.

[biom]

sky_boi, on Jun 22 2011, 02:53 PM, said:

Hi everyone,

Just wondering if anyone is familiar with the SIM-UOL Economics and Finance syllabus?

Am planning to do that course, but I've heard about the horrors of that course, ie. high failure rate, tough course... Just want to hear both sides of the story, or even consider an alternative.

Thanks everyone!

i'm studying in sim uol now. what information would you need? i could try to help.

but yup, uol econs [any of its econs units] are difficult, and are more in depth.

[sky_boi]

thanks for the advices (:

i am comparing between the courses offered by UOL and RMIT, and i've heard a lot about the latter being easier, faster completion/more exemptions for business poly grads (important for NSFs like me!) and the difference in exam formats...

anyone care to share some information and your thoughts?

[sorcer...]

sky_boi, on Jun 22 2011, 02:53 PM, said:

Hi everyone,

Just wondering if anyone is familiar with the SIM-UOL Economics and Finance syllabus?

Am planning to do that course, but I've heard about the horrors of that course, ie. high failure rate, tough course... Just want to hear both sides of the story, or even consider an alternative.

Thanks everyone!

i got many friends who are doing d SIM-UOL finance syllabus .. dun hear them complain leh

--------------------------
Guys Next Door

[ecity]

Hi. Let me offer my 5 cents worth ... if it helps

Firstly, when I read that a course is tough and has a high failure rate, my first reaction is that is a good course!

Imagine if the course was so simple, it was like one of those assessment books that my 8 year old nephew uses - ie. any idiot can get full marks with little effort. Sure you can get straight As and a brilliant result - but the degree at the end of the day is not worth the paper it's printed on.

Whereas you do take a risk with a tough course, but at the end of the day, you want a degree that commands respect, not one that invites ridicule and scorn.

Believe you me, there is no shortage of chapalang bullshit universities out there who will give you a course that's so simple even an 8 year old can pass with flying colours - but do you want to waste your time and money on such a course?

Those chapalang degrees are for stupid people who have no choice but to resort to degrees like that because they know they will definitely fail at a respectable university, but if you are indeed hardworking and intelligent, then why not rise to the challenge?

Hope that helps.

[sky_boi]

Hi everyone,

Just wondering if anyone is familiar with the SIM-UOL Economics and Finance syllabus?

Am planning to do that course, but I've heard about the horrors of that course, ie. high failure rate, tough course... Just want to hear both sides of the story, or even consider an alternative.

Thanks everyone!

[dark.k...]

Tuition is pretty good so far. I like teaching for one thing haha I have enough money for most education, that is assuming Im staying in Singapore and studying either local or SIM.

Im not giving tuition for pay my university fees - not anymore. I would need it if I was going for psychology. Psychology degree + masters would add up to about 60k. I dont have that much, so I need to earn. Since I've decided to get Accountancy, then the tuition fees would be captial for my business when I graduate.

Why the urgency? A higher captial gives leaves you with more options and a easier start in the early game.

About losing the capital, anyone whom wishes to go into business must be willing to lose his captial. If his not, then he shouldnt be in business.

ecity, on Jan 19 2011, 06:56 PM, said:

A few points for you my friend.

1. As for tuition - I've done that in the past, but it got to the stage where I wanted to vommit blood, it was like trying to squeeze juice from a rock at times; so I gave it up and did other things instead for money. If you have the teaching skills to be a good tuition teacher, then all the best and good luck.

2. Many new businesses do not make money in the short run - in fact, most new start ups need a certain amount of time to get off the ground, generate enough business before they can start producing any kind of profit. The more complex the business, the longer it takes to turn around a profit. Whereas the simpler the business, the quicker the turn around period. Given that you have your fees to pay, I'm just curious what makes you think you can turn this around in the matter of a few months when you're that short for cash? You brag that you're willing to lose the capital - yet you're still desperately giving tuition to pay your university fees: what's with the contradiction? We're just saying, be careful with your hard earned money. This isn't the right time to speculate with it - you have the rest of your life in the business world to do that.

3. As for your parents advising you - no disrespect to them, but if they were that successful as business people, then they would have made enough money to pay for your university like most parents. They wouldn't leave you in this situation in the first place, trying to find money for your own education at such a young age. They would've realized what your ambitions were and saved up for you to go to university - but no, they've left you without the means to do so and now you have to fend for yourself. You're doing a great job, but a couple of people here have already questioned your parents' role in all of this and I can't ignore the elephant in the room anymore. Why aren't they doing much more to help you?

4. Can you ask your aunt for some financial help?

:bye:

[ecity]

Yes, what you said made sense ltr21. Oh well, we wish him all the best, nonetheless.

[ecity]

ltr21, on Jan 19 2011, 10:02 PM, said:

eh..eccity, i thought he mentioned that he has an investment-linked insurance policy that has just matured, giving him about $27K for his uni fees? This means his parents has already planned out his finances for his uni education much earlier on.

Well if that is the case, then why did darkknight start another thread trying to find out why he can make $5k a month between now and the start of term?

It doesn't add up.

On one hand, it is clear that he is short on cash and is desperately coming here, seeking advice and ideas on how to make quite a lot of money quite quickly this year.

On the other hand, he wants to boast about having this investment-linked insurance policy, his parents' business acumen and starting a new business.

The two simply do not add up - in fact they contradict each other.

The bottom line is this: if his parents had such well laid out plans for him and are willing to support his studies financially, why did he come here asking for advice about making money in the first place? If his parents are willing to help him out, why he is desperately looking for tuition and other forms of work instead of relaxing a little after fulfilling his NS obligations?

This post has been edited by ecity: 20 January 2011 - 08:39 AM

[ecity]

A few points for you my friend.

1. As for tuition - I've done that in the past, but it got to the stage where I wanted to vommit blood, it was like trying to squeeze juice from a rock at times; so I gave it up and did other things instead for money. If you have the teaching skills to be a good tuition teacher, then all the best and good luck.

2. Many new businesses do not make money in the short run - in fact, most new start ups need a certain amount of time to get off the ground, generate enough business before they can start producing any kind of profit. The more complex the business, the longer it takes to turn around a profit. Whereas the simpler the business, the quicker the turn around period. Given that you have your fees to pay, I'm just curious what makes you think you can turn this around in the matter of a few months when you're that short for cash? You brag that you're willing to lose the capital - yet you're still desperately giving tuition to pay your university fees: what's with the contradiction? We're just saying, be careful with your hard earned money. This isn't the right time to speculate with it - you have the rest of your life in the business world to do that.

3. As for your parents advising you - no disrespect to them, but if they were that successful as business people, then they would have made enough money to pay for your university like most parents. They wouldn't leave you in this situation in the first place, trying to find money for your own education at such a young age. They would've realized what your ambitions were and saved up for you to go to university - but no, they've left you without the means to do so and now you have to fend for yourself. You're doing a great job, but a couple of people here have already questioned your parents' role in all of this and I can't ignore the elephant in the room anymore. Why aren't they doing much more to help you?

4. Can you ask your aunt for some financial help?

:bye:

[dark.k...]

I'm teaching tuition, and that will earn me 1k per month. I'm trying to get more students so that it will be 2k per month. Being a university graduate can help me raise my value, and thus the asking price. In short, I can earn more per hour and thus allow me to earn more with less.

Next, business-wise I'm prepared to lose the entire of my capital - for this first attempt. I'm into it more for the experience and therefore sharing the investment with a friend. I dont expect to get more than 500 from it each month. My parents are into business too, so I'll be sure to seek lots of advice from them as well as the opinion of others. This 5k is not part of my university fees - they are part of my NS savings. My university fees are covered by a investment linked insurance which matured recently granting me 27k. If it is insufficient, I still have several thousands saved up since young which should see me through.

50k would be the savings for the next 3 years odd from tuition fees as well as the part-time work over during the next few months and wadever work I may do in future holiday breaks during my Uni.

My aunt use to work as a Accountant. Many years back, maybe decades? She only finished ACCA Level 1 and therefore didnt have much of a qualification. She handled accounts as well as helped out with marketing but was asked to resign when she got pregnant. A Japanese company which had dealings with that company heard the news and offered her a job as marketing manager offering her 2.6k complete with maternity leave and childcare leave. However, as the work place was too far...She accepted another job offer from her previous boss 2 years later. She is now the marketing manager and supervises the company accountant. Recieving 3k, with company car (allowances for fuel, erp, parking), she is the only one in the small company working 5 days - even the boss goes back on sat. Apart from that, she is also the only manager that was excused from all morning meetings unless there was something that needed her attention urgently and her boss discuss all new employment with her - expect when hiring his own family members.

It isnt all that great, but it is decent. Dont you think? After all, she doesnt even have a diploma, only SPM and ACCA Level 1.

[ecity]

OK a few points for you my friend.

Firstly, I am very glad you've found a course of study you're happy with. You may accuse me of being pessimistic - but perhaps it's just that I don't see a lot of evidence out there in the working world to inspire much optimism in my outlook; hence this pessimism is but a reflection of the world I observe. But I digress.

If you think you will like accountancy, then do work hard and do well in it. And yes, your observation about closing the gap with graduates is very accurate.

I am a little bit worried about you starting a business though - not all businesses make money. Some lose money and whilst I have no idea what you plan to do, if you need the money to pay the fees, why take the gamble? If your ability to pay your fees depends on your business making a profit within the next few months, boy - that's a big question mark, especially since you have never done this before. It's not that I wanna be Mr Pessimistic again, but imagine the worst case scenario - you make a loss and you cannot afford to pay your fees, then what will you do?

And the other question is, if your business is indeed successful enough for you to gain enough capital to start another business ($50k was the figure you used) - then why the hell are you bothering with university when you're already making such good money with the business? If you do have a profit-generating business, you'll be a fool to turn your back on it to become a student again. You don't often find a goose that lays golden eggs, when you do, you should say, "fuck university, I have the goose that lays the golden eggs - university can wait until the day this goose ever stops laying golden eggs."

Just outta curiousity, what kinda work does your auntie do? Something to do with sales?

This post has been edited by ecity: 19 January 2011 - 08:35 AM

[dark.k...]

I would agree with Ecity on this though I generally do not like most of the other comments because of the way it has been brought forward as well as I think it is a little extreme on your side. Pessimism?

All in all, I've decided to study for Accountancy. An accountant is the only want to really requires proper study piror to working as compared to marketing/human resource/banking etc. Also, the idea is that after completing my degree, I can take up the professional examinations and become a Certified Public Accountant (CPA). Those who went to SMU/NUS/NTU would most likely stop at their degree or sit for CPA too. While it may not make us equal, at least it closes the gap.

Furthermore, I'm making use of this time till start of my univeristy education to work really hard. There are about 7 months and I hope to earn S$15k. While this may seem impossible, I"ve already no more less secured a monthly income of $980. That is half-way towards my goal. I'm still trying to open more tuition classes as well as fill up the existing classes. After that, I only need to find another 8-5, 5 day work week job that pays about $1k per month. I would also be using about 5-6k of my ns savings to start up a business with my platoon mate in april. Even if it doesnt earn much, it would be quite a learning experience. Should it go well, together with the tuition through my university years, I should be able to save up quite a substantial sum (S$50k all in all?) to start off another small business.

If all that planning fails, I would have my degree in accounting to fall back on and take a salaried job. I can start with lower pay (2k?) but build it up slowly. Why not?

This is the miracle I'm hoping for ecity. It means an opportunity for me to get something back with lots of hard work. A ray of hope, a silver lining amist the storm clouds. I dont need some school to churn my bad A level results into some super reputatable & respected degree.

Maybe all of you think that this is far fetched but think again. China students scoring distinction for English within a year of hard work - i've seen them work myself, my aunt's salary more than doubled & received company car (tgt with fuel, parking, erp allowances etc) after seeing her salary stuck at 1.6k for 10 years, hawkers becoming mutli-million chain coffeeshop owners, people with learning difficulty making it into JCs and Universities. My friend got AAD/A for his A levels got into SMU Law even before the deadline for applications in due, and he recieved overseas teaching scholarships as well as confirmed offers for Imperial College. How many people would tell you that getting a D for one of your main A level subjects will never get you into law school/scholarship/imperial?

Ecity, I'm not asking for miracle. I'm neither naive or stupid. It is not about taking finding the lift up the mountain, it is about getting a better walking stick when walking up the mountain. Some place that says, work hard and I'll reward you slightly more so that you can play catch up with your friends.