Breaking Stereotypes

The Fun Side of Being Serious Book Series

Here is why your BCom accounting degree will put you on the right road once you graduate:
 
If you’re wondering whether or not you are on the right track with your BCom Accounting, think again, because recent research has revealed that the Chartered Accountancy [CA(SA)] designation is the best  business designation – by far.
 
Many students begin their studies with high zest levels and a positive outlook, but at some point along the lengthy and arduous road succumb to various pressures and throw in the towel. This is often the case with those who are on the verge of completing scarce-skill degrees such as accountancy and are poised to enter the ruthless, challenging and highly complex business world.

Independent research released this week clearly reveals that the Chartered Accountancy designation in South Africa [CA(SA)] is the most sought-after business designation – by a considerable margin.
 
The South African Institute of Chartered Accountants (SAICA) commissioned two independent research exercises to:
 
• Analyse the appointments pages carried in South Africa’s most widely-read specialist business media with a view to establishing what percentage of the job advertisements were for CAs(SA).
 
• Investigate the designations of all the directors of the top 200 JSE listings, ranked by market capitalisation.
 
In the former instance, appointments advertisements during February 2007 a weekly financial publication and a daily business newspaper revealed an overwhelming preference for South African CAs(SA).Hence, for all jobs advertised in the weekly business magazine’s four February issues, a dominant 39% specifically singled out the CA(SA) as a prerequisite.The remarkably high percentage should be viewed in the context that the requirement for much of the 61% balance was for people, like engineers or academics, not directly related to the business environment.