Do I need professional qualifications in management accountancy ?

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Discussion Overview

The discussion centers around the necessity and relevance of professional qualifications in management accountancy for someone aspiring to become a university lecturer in math or chemistry. Participants explore the implications of such qualifications in relation to their academic and career paths, particularly in the context of engineering and related fields.

Discussion Character

  • Exploratory
  • Debate/contested
  • Conceptual clarification

Main Points Raised

  • One participant questions whether professional qualifications in management accountancy would be beneficial for a future lecturer, considering the high costs associated with obtaining such qualifications.
  • Another participant suggests that the original question may be too specific to the individual's situation and location, indicating that most university lecturers do not require management accountancy qualifications.
  • A later reply mentions that pursuing a PhD in the UK or US may not necessitate management accountancy courses, as they are not typically part of the curriculum for university lecturers.
  • Some participants express skepticism about the relevance of management accountancy courses for those in engineering or academic fields, noting that engineering degrees often include management studies that cover necessary topics.
  • One participant provides examples of management studies modules included in engineering programs, arguing that they offer sufficient knowledge without the need for additional qualifications.
  • There is a query about the commonality of engineering students taking management accountancy courses, with some participants indicating that it may not be a widespread practice.

Areas of Agreement / Disagreement

Participants do not reach a consensus on the necessity of management accountancy qualifications for aspiring lecturers. Multiple competing views exist regarding the relevance and utility of such qualifications in academic and engineering contexts.

Contextual Notes

The discussion highlights the potential limitations in providing advice without specific regional context, as the value of management accountancy qualifications may vary significantly based on local educational and professional standards.

m1c
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** Mods, please read the footnote.

My ambition is to become a university lecturer of math or chemistry. In the next year, I'm going to read for my undergraduate degree. I'm currently on my vacations.

People here who are going to follow engineering or such type of career-oriented degrees tend to spend their vacation on taking courses on management accountancy in the hope that they will benifit from it in salary or rank improvements at where they will work in the future.
But, the exam + tuition fee even for the entry level in such a course is high like $ 1000.

Will someone who is going to become a lecturer benefit from having professional qualifications in management accountancy ? Even in the period of work-and-study where he will have to earn a living ?

$ 1000 is somewhat big for me. I don't want to pile up unwanted (irrelevant) qualifications as it's all money.
I'm currently doing self-studies through out the vacation.

So, do I need to get those type of professional qualifications ?

Thanks in advance !

** Last time I was banned for hyperlinking to a website of an institute. Sorry, It was not my intention to spam. I wanted to give full details of what I'm saying. Please do not ban me again.
 
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Hopefully you won't be banned continually, I'll make a note.
 
Does anyone have an idea ?
Please help me.
:)
 
The problem here is that your question is too specific for your situation, or for the region you are living in. Unless there is someone here who understands or live in the same situation, you will not get much help. Most of us who work as university lecturers in our respective fields do not have to take a course in "management accountancy", whatever that is. In fact, it isn't even on the radar! It is certainly strange, at least for me, to hear anyone taking such courses over a vacation break.

Zz.
 
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I can appreciate that in some parts of the world there may be legitimate privacy concerns about revealing details such as which country you're in. However, one has to recognize that there is a trade-off between privacy and the ability to get useful advice about situations whose answers depend on those details.
 
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ZapperZ said:
The problem here is that your question is too specific for your situation, or for the region you are living in. Unless there is someone here who understands or live in the same situation, you will not get much help.

jtbell said:
I can appreciate that in some parts of the world there may be legitimate privacy concerns about revealing details such as which country you're in. However, one has to recognize that there is a trade-off between privacy and the ability to get useful advice about situations whose answers depend on those details.

Well...I will do my PhD in UK or US. I'm considering my time there doing my PhD.

ZapperZ said:
Most of us who work as university lecturers in our respective fields do not have to take a course in "management accountancy", whatever that is. In fact, it isn't even on the radar! It is certainly strange, at least for me, to hear anyone taking such courses over a vacation break.
What if I will become a researcher rather than being a lecturer ? Will those qualifications help me anyway ?
Another bonus question :smile: : Is it common for those in your area who are on career-oriented degrees like Engineering to follow something like management accountancy ? Many claims so (friends,teachers, etc.)
 
m1c said:
Is it common for those in your area who are on career-oriented degrees like Engineering to follow something like management accountancy ?

In the UK, an engineering degree will probably contain courses called "management studies" or something similar. That will teach you as much about management accountancy as you need to know (which is not much.) You don't need to spend any money on a separate course.

For example, from http://www.nottingham.ac.uk/ugstudy...gengineering/meng-mechanical-engineering.aspx
(Year 1)
Professional Studies
The module covers a number of global and ethical issues relating to engineering .The module introduces many of the key transferrable skills required by engineers (and others) within the context of these issues, including: report writing; literature searching and presentation skills. You’ll spend 2 hours in lectures and 5 hour in seminars each week when studying this module.

(Year 2)
Management Studies 1
This module introduces students to modern management methods relevant to the running of a company. Topics include: Introduction to basic economics; the essential requirements and aims of a business; preparing a business plan; accounting; interpretation of accounts; programme management; the essentials of “lean” manufacture and the management of innovation. You’ll spend 2 hours in lectures each week when studying this module.

(Year 3)
Management Studies 2
On completion of this module you will be able to understand how projects are selected and financially evaluated. You'll be able to construct and monitor the elements of an engineering or business programme and acquire an ability to manage risks and quality issues in the industrial and business context. You'll develop an understanding of the basics of English Law. You’ll spend 2 hours in lectures in tutorials each week when studying this module.
 
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