Flexibility, interactive seminar-style classroom environments, and a holistic approach to data technology and application were just some of the reasons behind Jonathan Yong's and Shengjun Ruan’s decision to take up the Master of Science in Accounting - Data & Analytics (MSA) and Masters of Professional Accounting (MPA) programmes respectively, at SMU.
For Jonathan, a Deputy Director in public service and a firm believer of continuous learning and work application, SMU’s MSA programme’s approach to leveraging both data technology and application of analytical techniques to solve business problems in the finance and accounting sector, including forensic-related work, was what drew him to the course, he revealed.
Meanwhile, Shengjun shared that he chose to pursue a Masters programme to build on his academic knowledge after graduating with a Degree in Finance.
“We learnt about financial modelling in a Degree programme, and I found that the difficulties are not on the application of the model, but on the metrics we select, like EBIT or comprehensive income, operating cash flow or aggregate cash flow. The best way to learn what’s the difference between these metrics, is to know how it is being worked out. And that is what I learned in the MPA programme,” he explained.
SMU’s interactive classroom environment also played a key role in deciding which university to enrol in. Stated Jonathan, “The pedagogical approach in SMU focuses on class participation, which helps to keep students constantly engaged in the lecture, coupled with SMU's interactive classroom environment allows further reinforcement of the concepts we learned in class through various means applied.”
Shengjun added that the professors each bring their own professional experience to the classroom, keeping students engaged while learning.
“What impressed me was that the professors at SMU often teach you something more than just academic subjects, since they all have extensive working experience. For example, Prof Cheng Nam Sang, showed us how to work out a result in the fastest, most practical way, rather than following the textbook. Another example would be Prof Gurdip Singh who provides practical case studies that draw from his own experience as a businessman. Besides, he shared objective and logical insights on the real business world and often discussed topics that ranged from business, to economics and politics. Once, after our final exam, I asked him about a news report regarding a company’s insolvency restructuring, which we don’t touch on in class, and he explained it to me in one hour,” he quipped.
Shengjun with Faculty Gurdip Singh
Apart from allowing students to reinforce their understanding of the concepts taught in the lecture, the interactive classroom environment also creates a space for students to build their confidence by asking and answering questions, putting into practice the critical thinking and team collaboration skills learned during group projects.
Outside the classroom, various gatherings and activities continue to keep students engaged as well. From light-hearted BBQs, which include gift exchanges and charades, to Chinese New Year lunch parties, complete with a Lo-Hei and lucky draw session, there’s always something for students to look forward to throughout the year.
“I particularly enjoyed the team games where I got to know my classmates from different backgrounds and learnt more about them personally. Kudos to the MSA SMU Accounting Masters Ambassador Committee (SAMAC) for their effort and hard work in planning these successful events,” said Jonathan.
Jonathan with his MSA Classmates
Other events, organised by the ICEAW and the SOA, provided students with the opportunity to meet with staff and partners at companies such as PwC, and discuss topics like career development.
“Additionally, at the start of the programme, we also had a chance to talk with our seniors, and get a lot of practical skills from them, such as how to handle group projects,” Shengjun added.
With the flexibility to choose between one and five classes a week, depending on additional electives, and options for both afternoon or evening classes, the MSA and MPA programmes allow for both full-time and part-time students to fulfil their work commitments and even explore internship programmes.
Additionally, the diversity seen in the classroom, with a mix of local and overseas students, builds a greater appreciation in working and communicating with students from different cultures, backgrounds and experiences.
With an interest in business, economics, finance and politics, Shengjun found that after graduating from the MPA programme, he had a deeper understanding of various aspects of the industry, as accounting is an essential part of business operations.
Jonathan, meanwhile, was looking to challenge himself to develop his skillset in data analytics and financial forensics, and hopes to “lead and develop new work approaches with the use of data or improve current work approaches to transform work to be less onerous and more meaningful”.
“Furthermore, I also want to be an advocate to guide others to pursue the same path of knowledge that I had embarked on,” he added.
Despite the challenges faced in juggling both work and study commitments, Jonathan continued that a fluid approach to work-life integration is crucial. “One way to juggle would be to plan ahead and take into consideration the various scenarios before moving ahead. Sometimes, this would require putting in additional hours to ensure completion. Nonetheless, I am glad that my bosses were supportive of my studies and gave me ample time to pursue my studies when needed,” he said.
And to working professionals looking to pursue part-time studies, Jonathan shared this piece of advice, “There is a need to be self-motivated and mindful in striking a balance between setting your own life priorities, ensuring proper time management for both self and work, and finally getting adequate rest.”
