Where to continue BS Accountancy in the Philippines? (For BS Accounting Technology / Internal Auditing / Management Accounting graduates)
It’s already the start of graduation season! But for Accounting majors that are contemplating whether they will start working (since careers for non-CPAs are also competitive nowadays) or continue to study Accountancy (of course to get that title, CPA.), it is a dilemma. You can make a choice to become a working student if you are willing and if you have the energy to do it.
When I was a graduating Accounting Technology student, I really had a hard time finding a school where to continue BS Accountancy. There weren’t a lot of resources in the internet where to inquire about taking 2nd degree. I did a lot of asking from my colleagues to get the information that I need to continue this degree. At first, I was hesitant to study again because from the beginning, I didn’t plan to become an Accountant anyway. But due to twist of fate, I finally accepted my destiny to become a CPA and now, I am determined to be one.Â
Thankfully, my alma mater opened their second degree program from BS Accounting Technology to Accountancy. I took a qualifying exam and passed. So, that’s how I became a 2nd courser.
This post is for all the Accounting Technology, Internal Auditing, Management Accounting, Financial Accounting students who would like to continue BS Accountancy as a 2nd degree after the graduation.
*DISCLAIMER: Please take note that I do not represent or act in behalf of the colleges/universities mentioned in this post. This is compiled based on experience and data gathering from the people I know. Data shown below are just estimates and does not represent absolute assurance. (Because there is no such thing as absolute assurance, we only give REASONABLE ASSURANCE) You may contact the universities for more information.
Minimum: 1 Year Maximum: 2+ years (+ REVIEW SCHOOL!!)
Well, it depends on the school and where you graduated from. If the curriculum is similar, you may have a shorter time studying Accountancy. There are also schools that require you to retake a certain subject if you have failed to reach a certain grade in your previous degree. For an example, in La Consolacion College, if you have a grade of 2.75 to 3.0 in your first 5 accounting subjects,(old grading system wherein 1.0 is the highest), you need to retake Financial Accounting 1. Why? Probably because it’s the core subject of your early accounting subjects. Also if you came from a non-catholic college/university and you wish to pursue Accountancy in a catholic institution, you need to render few units of Theology, of course.Â
Here are some of the schools that offers a 2nd degree for continuing Accountancy in the Philippines (mostly in Metro Manila).Â
ADDRESS: Gil Puyat Ave., corner Zuellig Loop, Makati City
ESTIMATED TUITION FEE: PHPÂ 40,000-50,000+ per semester
CONTACT DETAILS: (02)836-2002, (02)836-2033, (02)836-9870 loc. 119 (02)330-2269 | EMAIL: [email protected]
NUMBER OF YEARS: 2 YEARS (1st year - (Current standing as 4th year) completion of all the Accountancy subjects that weren’t taken up during your first degree. 2nd year (standing as 5th year) will be rendered for the comprehensive review that is included in FEU’s curriculum. (Review only, no quizzes, major exams only)
OCTOBER 2016 CPA BOARD EXAM Â PASSING RATE:Â 82.35%Â ( TOP PERFORMING SCHOOL, # 6)Â
*Take note that FEU-Makati has a small population and runs as an extension of FEU-Manila that’s why it is included in FEU-Manila’s performance. But as to the actual passers of FEU-Makati, it has an estimate of around 90% passing rate during the Oct. 2016 CPA board exam.
IMPORTANT LINKS: Website | Accountancy Program Vision-Mission | Admissions
NOTES: If you are a transferee, you need to take the entrance test first. Then, you will take the qualifying/revalidation exam in order to become an Accountancy student. The exam covers mainly Financial Accounting 1, 2 and 3 (Theory and Problem) with a dash of other Accounting subjects. Then, Accounting Head will verify your grades and check which subjects will be credited.
ADDRESS: 8 Mendiola St, San Miguel, Manila
ESTIMATED TUITION FEE: PHP 35,000-40,000+ per semester
CONTACT DETAILS:Â (632) 736-0235 / (632) 310-0513
more contact details here
NUMBER OF YEARS: 1 year (if your curriculum is matched with LaCo’s curriculum and if you don’t have any grade below 2.75 in your 1st 5 accounting subjects.) But usually, it takes 1.5 years especially for those who didn’t attend a Catholic college in their previous course and for people who will repeat Fin Act 1)
OCTOBER 2016 CPA BOARD EXAM Â PASSING RATE: 17.14%
IMPORTANT LINKS: About | Admissions | Apply Online
NOTES: Upon inquiry, you will write your grades in a sheet provided by the admissions office. Then, it will be verified and check if you need to repeat Financial Accounting 1 and which subjects will be credited. Then, you will take the entrance exam. Upon passing, you will take the qualifying exam (Basic Accounting). If you are a Management Accounting graduate from University of Sto. Tomas, I heard there is a bridge program which will only take you 1 year to continue BS Accountancy. Also, if you graduated from a non-sectarian college or university, you will need to take their Theology subjects.
ADDRESS: 826 R. Papa St. Sampaloc, Manila
ESTIMATED TUITION FEE: PHP 30,000-35,000+ per semester
CONTACT DETAILS: contact webpage here
NUMBER OF YEARS: 1.5-Â 2 Years (But again, this will depend on your curriculum)
OCTOBER 2016 CPA BOARD EXAM Â PASSING RATE: 28.11%
IMPORTANT LINKS: Website
NOTES: One of my former classmates said you need to retake OJT (Internship) even if you’re done during your previous course. Also, as per this forum, you need to retake subjects that are below 2.5 or 3.0.*But it doesn’t mean that it is the same standard up to date so you may call PSBA for more details.
ADDRESS: 2219 Recto Ave, Sampaloc, Manila
ESTIMATED TUITION FEE: PHP 40,000+ per semester
CONTACT DETAILS:Â Â
Admissions Office: (632) 735-54-71 loc 398 - 399 Direct Line: (632) 735-85-77 Email: [email protected]
NUMBER OF YEARS: 1 Year
OCTOBER 2016 CPA BOARD EXAM Â PASSING RATE: 66.67%
IMPORTANT LINKS: Admissions | Apply Online
NOTES: As stated in this forum, admission as 2nd courser in UE is stricter to maintain their passing rate. I’ve seen people who graduated Accounting Technology from UE but continued in other schools like PSBA.Â
ADDRESS: P. Casal, Quiapo, Manila
ESTIMATED TUITION FEE: PHP 30,000-40,000+ per semester
CONTACT DETAILS: Â (+632) 733-9117Â Â | email: [email protected]
NUMBER OF YEARS: 1.5 - 2 Years
OCTOBER 2016 CPA BOARD EXAM Â PASSING RATE: 60.87%
IMPORTANT LINKS: Admissions | About
ADDRESS: 1274 Padre Algue St, Tondo, Manila
ESTIMATED TUITION FEE: PHP 30,000+ per semester
CONTACT DETAILS: (632) 252-6161 | email: [email protected]
NUMBER OF YEARS: 1-1.5+Years
OCTOBER 2016 CPA BOARD EXAM Â PASSING RATE: 52.50%
IMPORTANT LINKS:Â Admissions: Bridging Program (UST Management Accounting to BS Accountancy in CKSC)
NOTES: Same with LCCM, CKSC also has a bridge program of one year for UST Management Accounting graduates (which includes a qualifying/revalidation exam). From what I heard, graduates from other schools will take 1.5+ years. P.S. You might take Chinese subjects or other Foreign languages.
ADDRESS: 8 Don Manolo Blvd., Alabang Hills Village, Alabang, Muntinlupa City
ESTIMATED TUITION FEE: PHP 60,000+ per semester
CONTACT DETAILS: (632) 236-7222 | email: [email protected]
NUMBER OF YEARS: 2 Years
OCTOBER 2016 CPA BOARD EXAM Â PASSING RATE: 40%
IMPORTANT LINKS:Â Admissions
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OTHERS: (I do not have that much information about these universities but you can inquire to them directly)
Jose Rizal University - 35% Passing Rate
Pamantasan ng Lungsod ng Maynila - 26.09% Passing Rate
University of Manila - 13.33% Passing Rate
SUBJECTS FOR CONTINUING TO ACCOUNTANCY:
Advanced Accounting 1&2
Financial Management 2
Auditing Theory
Business Presentation
Calculus
Law on Negotiable Instruments
Accounting Research
Management Consultancy
Auditing in CIS Environment
Auditing Problems
CPA Board Subjects Review (it depends with the school)
CURRICULUM per school:
FEU-MKT
LCCM
UE
PSBA
CKSC
Exam coverage will be different per school but you should take note of the following subjects for your review (for the qualifying/revalidation exam to become a BS Accountancy student)
Fundamentals of Accounting (Journalizing, Adjusting Entries, etc.)
Financial Accounting (Focus on Fin Act 1 especially Cash, Receivables, Inventory, PPE but of course you also need to study about Liabilities, Equity, Financial Statements)
Advanced Accounting (Partnership - all topics, Installment Sales, Construction Contracts, Franchise)
Cost Accounting (Job Order/Process Costing)
Honorable dismissal
Transcript of Records
Photocopies of NSO Birth Certificate
Certificate of Good Moral Character
1x1 and 2x2 Colored I.D. Pictures
Do not give up on your dreams just because the odds weren’t in your favor. But instead, use this opportunity to become the better version of yourself today.
For any comments, suggestions and questions about this post, feel free to send an ask.Â
