seremify007
Junior Member
Re: Bachelor of Accounting Scholarship UTS 2015
Co-ops are just a way to try different organisations and experience the role you'll have in them. The key thing to step back and remember is accounting is just like any other specialised back-office function in that it can be a support function of a business (e.g. the accounting department at a company which does the books and tax returns), it can be part of the business (e.g. the finance function in a modern organisation to help make strategic decisions) or it can be the revenue generating business (e.g. in an accounting firm, the accounting services are provided for other organisations for a fee). A cadetship essentially locks you into the latter where you're doing it for the benefit of clients and with that comes a different mindset/focus and level you'll need to operate at which may or may not be what you're interested in.
I don't really have a view on UTS vs UNSW coop nowadays- both are great programs with great sponsors, and have slightly different timeframes/benefits as a result. I will add that BAcc coop always seems very tightly knit and is very well known in the industry.
As for career progression, this comes back to the first point in terms of the role of accounting in the particular organisation and with that, comes different 'business cases' to justify the costs or business need for offering progression.
Co-ops are just a way to try different organisations and experience the role you'll have in them. The key thing to step back and remember is accounting is just like any other specialised back-office function in that it can be a support function of a business (e.g. the accounting department at a company which does the books and tax returns), it can be part of the business (e.g. the finance function in a modern organisation to help make strategic decisions) or it can be the revenue generating business (e.g. in an accounting firm, the accounting services are provided for other organisations for a fee). A cadetship essentially locks you into the latter where you're doing it for the benefit of clients and with that comes a different mindset/focus and level you'll need to operate at which may or may not be what you're interested in.
I don't really have a view on UTS vs UNSW coop nowadays- both are great programs with great sponsors, and have slightly different timeframes/benefits as a result. I will add that BAcc coop always seems very tightly knit and is very well known in the industry.
As for career progression, this comes back to the first point in terms of the role of accounting in the particular organisation and with that, comes different 'business cases' to justify the costs or business need for offering progression.
