How an MSc Business Analytics Equips a Finance Major for Data Solutions

How an MSc Business Analytics Equips a Finance Major for Data Solutions

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MSC BUSINESS ANALYTICS

How an MSc Business Analytics Equips a Finance Major for Data Solutions

Business analysts have the art of problem-solving down to a science. Turning data into insights to improve products, pinpoint root causes, and reduce inefficiencies – it’s all in a day’s work for a business analyst.

Despite being a finance major, Erick Susantong found himself drawn to the problem-solving possibilities of data analytics. During his undergraduate studies, he was introduced to the basics of data analytics and machine learning and found them fascinating.

“However, these lessons were focused on theory and not implementation,” he explained. “I learnt that I could use certain analytics models to solve certain problems, but I didn’t have the programming skills to actually apply it.”

To explore a career shift toward data analytics, Erick knew he needed to bring his theoretical learning to life and he found a path to achieve this in Nanyang Business School’s (NBS) Specialised Masters (MSc) in Business Analytics programme.

 

From theory to real-world problem-solving

Like many undergraduates, Erick spent a few summers pursuing internships. In his first stint as an e-commerce intern at an Indonesian startup, he analysed past promotional campaigns to design a promotion plan that would maximise profits. “I saw how analytics could create value for a company,” he said.

As a summer associate at Boston Consulting Group (BCG) in Jakarta, one of his most memorable projects was analysing a client’s past employee safety data using Excel. His insights helped to determine key causes of workplace accidents and where they happened along the production chain.

“Most of these were achieved using Excel and the programming language R. I actually knew of other methods that could further improve my analysis but I just didn’t have the programming skills to perform them,” Erick shared. “This sparked my interest in pursuing a Masters in Business Analytics (MSBA).”

While researching programmes in the region, he noticed something unique about NBS’s curriculum: a data analytics practicum enabling participants to take on a three-month internship in their third trimester. For Erick, this opportunity to gain real-world experience was a game-changer. “I liked that I would be able to apply what I’ve learnt in the industry, and it would be a good stepping stone to a full-time role as well.”

 

Levelling up his programming skills

Three months into the MSBA programme, Erick felt that the hands-on approach of the curriculum has pushed his programming skills to the next level. “It’s very focused on how to implement analytics models, which is challenging but important since programming is a key skill for data analysts.”

For participants without a programming background, the MSBA programme runs a bootcamp dubbed Programming Essentials before the start of term. Despite having some prior programming basics, Erick admitted that the bootcamp was tough.

“In our final group project, we had to build a basic application to solve a business problem,” he recounted. “My past programming knowledge was more about data analysis and not building software, so that was a challenge. But it was definitely a good learning opportunity.”

 

Gaining an edge through group work

Transitioning directly from undergraduate to master’s studies, Erick shared that he needed some time to adapt. One significant change was the coursework approach. While his undergraduate experience was heavily exam-focused, he found himself engaging in hands-on group projects and presentations for every module at NBS.

“I’m really enjoying all the group projects now, as I didn’t get the chance to apply what I learnt to solve business problems back in my undergrad,” he shared. “Getting experience with group work will translate well to a real-life work scenario, since I’ll need to collaborate with colleagues on projects and present our results to a supervisor.”

With course mates from around the globe, group work also offered Erick an opportunity to learn from different cultures. “My groupmates often have different ideas and perspectives on things. It helps me to expand my viewpoint, especially when working in Singapore’s multicultural context.”

Another key skillset that Erick hopes to hone is communication, and the MSBA programme provides ample opportunities for this through group work, presentations, and class discussions. “As a business analyst, I’ll need to communicate and explain technical details in an easy way to non-technical colleagues,” he said.

 

Pulling off a career shift with an MSc Business Analytics

With his drive to improve, it is not surprising that Erick was a recipient of the ASEAN Development Scholarship offered by NBS. Open to citizens of ASEAN member countries outside Singapore, this partial scholarship offsets 40% of tuition fees.

Erick shared two top tips on applying for the scholarship. Firstly, apply early. “You need to apply before the Round 1 deadline to be considered for the scholarship. So if you’re already sure about the programme, get started early.”

Secondly, be strategic when answering the essay questions. “It’s good to elaborate on how this programme can benefit you in your future career,” he suggested. “Think about how your past experiences in your undergraduate studies and internships can improve the quality of your future cohort.”

Looking ahead, Erick has plans to become a business analyst or data analyst in the financial sector – bringing together the best of his finance training and analytics skillsets. For anyone considering a career switch into business analytics like himself, his advice is simple: do your research first.

“Many people think it’s all about creating and implementing models, which might be true for data engineers. But data analysts have to spend a lot of time on cleaning data, which is a tedious task to a lot of people” he said. “Another thing is that business analysts need to communicate with people a lot, as they are the liaison between the business side and IT teams. So it’s not the right fit for those who prefer being behind the computer all the time.”

Finally, Erick’s advice to those without programming knowledge is to start preparing early on. “Though you’ll have a bootcamp, it’s fast-paced and there’s a lot of learning to cram in a very short time. Take some introductory courses in programming to get a headstart!”

 

The MSc Business Analytics programme equips participants to solve business problems with cutting tools and technologies, enabling you to transform data into value for businesses. Find out more about the MSBA programme here.

 

Download MSc Business Analytics Brochure

Nanyang-Waseda Double MBA – Two siblings share their story

Nanyang-Waseda Double MBA – Two siblings share their story

Graduate Studies Blog

Nanyang-Waseda Double MBA - Two siblings share their story

Nanyang Waseda Double MBA

A Brother-Sister Pair Take on the Nanyang-Waseda Double MBA

Given their similar job skills and strong family bond, it’s not surprising that these two Filipino siblings chose the same MBA path.

Laura Lutao had worked in data analytics for companies in different industries, most recently for an e-commerce platform. Her younger brother, Joey, worked as a digital transformation lead in a Filipino Fast-Moving Consumer Goods (FMCG) company, and was “double-hatting” as a data analyst as well.

Both Laura and Joey wanted to assume more front-facing, leadership roles. And both decided that pursuing an MBA programme was the best way to help them achieve this goal.

“I thought it would help me become more flexible in the future opportunities I can take on, because an MBA helps build my business acumen,” says Laura. Joey, for his part, wanted to prepare for taking on more responsibilities in the future: “I want to take charge, talk to stakeholders, and give insights using business data,” he tells us.

The Lutao siblings found that their goals best aligned with the double MBA programme of Nanyang Business School (NBS), specifically the Nanyang-Waseda Double MBA. Here’s how the Nanyang-Waseda Double MBA helped the siblings gain greater cultural intelligence, while simultaneously expanding their career horizons.

 

Laura Lutao: From technical to managerial, local to regional

Laura Lutao: From technical to managerial, local to regional

For Laura, the Nanyang-Waseda Double MBA afforded her a multi-faceted exposure to the business world – starting with NBS’s highly engaging admissions process.

“They were super helpful and very prompt,” Laura recalls. “I thought to myself, if that’s the kind of engagement that they have, I know for sure I’m going to get this same treatment when I’m within the programme.”

The Nanyang-Waseda Double MBA is a 14-month programme that starts in Singapore and ends in Tokyo – with the potential for a future career in either country. “Having that kind of exposure is a very significant jump,” Laura says.

As an MBA participant, Laura noticed the difference in teaching methods between the two top business schools. In NBS, case studies formed the core of most lessons, engaging students to share their ideas and insights with each other. The Waseda classes, on the other hand, were more structured in presenting the concepts and frameworks.

The diverse background of her fellow Nanyang MBA peers, in particular, enriched Laura’s in-class experience. “Learning doesn’t only happen within your class; it happens by simply engaging and interacting with people offering very different perspectives,” she explains.

The international cohort, in fact, became a major talking point in her job interviews: “I kept on highlighting that I was with such a diverse cohort,” Laura recalls. “My interactions with people from many different countries and industries really made me qualified for the job.”

Her Nanyang-Waseda Double MBA prepared Laura for the cross-border, regional roles she wanted to pursue. Fresh from her Nanyang MBA, Laura already found significant professional opportunities right on her doorstep. “I think the fact that I was already in Singapore really put me in a very advantageous position,” she recalls.

She first landed at Foodpanda as a Sales Performance Regional Specialist, before moving on to Xendit as Sales Operation Lead. She credits NBS’s Cultural Intelligence modules with significantly improving her career prospects. “After my MBA, I did a regional role where I was handling 11 different markets,” Laura tells us. “[The MBA] prepared me to handle conflict resolution and problem-solving conversations.”

 

Joey Lutao

Joey Lutao: Similar pivot, different approach

After several years of working for Universal Robina in the Philippines, Joey knew he was ready to take on an MBA, just like Laura. “I was really inspired by my sister,” he says.

He also considered the MBA as a good way “to pivot from a technical role to a more business role.” His initial plan was to go to Nanyang-St. Gallen, but he changed his mind after Laura shared her positive experience of Nanyang-Waseda.

Joey quickly realised that at NBS, resting on his laurels was no longer an option, as he was studying alongside “a lot of talented people [who are] really good at the course.” He decided to step up his approach to thrive in Nanyang’s highly diverse and competitive environment, and hold his own among his peers.

“In a way, they’re helping me out indirectly, because I’m motivated by these people,” Joey says. “They’re so good, I want to be like them! I have to put in more hours of work just to be on the same level.”

The course on cultural intelligence was something he initially took lightly – but eventually learned to embrace. “If you would like to work with clients from different parts of the world, it becomes really important that you build on your cultural intelligence,” Joey tells us.

Joey is on track to complete his MBA by 2024. Laura, for her part, notes that Joey’s approach to the Nanyang-Waseda Double MBA programme is poles apart from hers. “He has more concrete plans, he is more ambitious and he is definitely more organised in the way that he approaches things,” Laura says of her brother, who is already adding to his double MBA coursework with various extracurriculars.

He is presently the EXCO VP for marketing and communications, has joined multiple MBA clubs, and is participating in the BNP Sustainable Finance case competition, while also applying for the JMCC case study competition. “I want to take on as many roles as I can, because I feel like that’s how I grow,” Joey tells us.

 

Conclusion: Making connections and changing mindsets

As somebody who has already finished the Nanyang-Waseda Double MBA programme, Laura knows that 14 months can fly by fast. She advises her brother – and others planning to take the same double MBA programme – to “enjoy it and absorb as much as you can in this short period of time.”

The theoretical frameworks encountered in class discussions helped Laura the most. “I thought these things were just common sense, but there’s so much structure in the way that you should be thinking about business ideas,” Laura tells us. “Later on, you realise that you start thinking very differently.”

For his part, Joey intends to build on his cultural intelligence education, as he seeks future opportunities in Singapore. “It’s a melting pot of tech startups, consulting, and FMCGs,” he says. In terms of his workload, he’s keeping an open mind and taking his sister’s words of advice: “I’m enjoying the process.”

Like the Lutaos, you’ll experience a shift in your mindset after qualifying for the Nanyang-Waseda Double MBA programme. The dual programme combines the strength of two of the top business schools in Asia – enabling professionals with or without business backgrounds (like the Lutao siblings) to have a deft grasp on both global business and the management of technology.

Find out more about the Nanyang-Waseda Double MBA. Applications are now open.

 

Nanyang MBA

The Nanyang MBA is a flexible 12-month or 18-month programme designed to fuel your growth into a future-ready leader equipped with the skills needed to excel in a global, digital environment. The programme aims to develop impactful, culturally adept leaders who embrace the connection between business, technology, and innovation to excel in global environments and adapt to each new wave of digital change.

Nanyang MBA – APEC scholars share their experience

Nanyang MBA – APEC scholars share their experience

Graduate Studies Blog

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NANYANG MBA

Nanyang MBA – APEC scholars share their experience

Meet Four APEC Scholars Blazing New Trails in Business

These future change-makers found a gateway to a better future, by securing an APEC Scholarship.

This prestigious and highly exclusive scholarship is open only to citizens of “member economies” of APEC, excluding Singapore. It covers the full cost of a Nanyang Business School MBA programme; only one place is granted every year.

Those who pursue it find their careers and lives transformed, in more ways than they imagined possible.

 

Song Han Nguyen

Song Han Nguyen – Shifting from MNCs to tech

Prior to her Nanyang MBA, Song Han Nguyen (Nanyang MBA Class of 2019) was working as a consultant in EY’s Ho Chi Minh City office – and was also pondering a problem that consulting firms often face in developing markets.

“You get a really nice strategy written up by consultants, but implementation gets really hard,” Song Han explained. The dilemma got her wondering “if there’s any way that that could improve.”

She realised a Nanyang MBA could help her learn about “building more competitive strategies,” but Song Han got more than she bargained for. Securing an APEC Scholarship triggered a whole career perspective shift.

“Before, I was really into consulting and strategy for large corporations,” she tells us, but the Nanyang MBA showed her that “there are a lot more options for me out there in the market.”

Her time as an APEC Scholar led her to pivot to the tech industry. “During the MBA, I got exposed to tech at a deeper level,” Song Han explains. “There is so much more innovation there, compared to the traditional industries that I have been exposed to.”

In the course of her Nanyang MBA, she dove head-first into digital and tech activities. “I was able to join projects covering tech startups; we also had tech people in Singapore sharing in our class,” she recalls.

Today, as a strategy manager at loyalty platform tech startup TapTap, Song Han is now a consummate tech professional. The future is wide open, but she won’t say no to a return to consulting. “Professionals with both consulting background and hands-on experience are very rare in Vietnam,” she explains.

 

Victor Medina

Victor Medina – Building a future in sustainability

Victor Medina (Nanyang MBA Class of 2022) discovered a career path in sustainability from his time as an APEC Scholar – not an obvious outcome, given his background as an electrical project engineer at Petron, the Philippines’ largest oil and gas refinery.

He would not have considered taking on a Nanyang MBA, if he had not won his year’s APEC Scholarship. “The scholarship provided me with the financial security to complete my MBA without constant worry about expenses,” Victor tells us. “I’m incredibly grateful – without the APEC Scholarship, obtaining my MBA degree from a prestigious institution would have been nearly impossible.”

At Nanyang Business School, Victor discovered a passion towards sustainability – inspired by the commitment shown by the university and professors, in particular Sustainability Professor S. Viswanathan.

Victor put his principles into practice, joining a Social Innovation Challenge case competition in 2021; taking part in two sustainability-related internships; and even joining the Student Executive Committee, where he learned how to effectively navigate and lead a diverse group comprising individuals from various nationalities, cultures, and backgrounds.

Today, Victor is pursuing a post-MBA career that aligns with his interests, aiming for a Chief Sustainability Officer role in the next ten years. He is also committed to making a sustainable future possible in the Philippines, his homeland. “I am committed to figuring it out and making a meaningful difference,” he tells us.

 

Jessica Han

Jessica Han – Future tycoon finds grounding in Singapore

Jessica Han (Nanyang MBA Class of 2023) used her MBA experience to make room for all the big plans she has for her life. “I joined the Nanyang MBA with the intention of looking for more possibilities,” she explains.

Prior to her time at Nanyang MBA, Jessica had been working for six years in China PRC’s burgeoning tech industry – spending the latter two years at ByteDance as a strategy manager. Even then, she always planned to start her own business and believed an MBA would help supplement her knowledge.

The APEC Scholarship helped validate Jessica’s entrepreneurship goals, giving her a “strong boost” of confidence. As she expected, the MBA curriculum helped fill out the information she needed for her future as an entrepreneur, particularly insights in finance and supply chain. She shares that it gave her a foundation in thinking through business strategies systematically – something she felt was out of reach in her previous working experience.

“Before the MBA, I worked for ByteDance to support the Chinese brand for growth,” she explains. “I had no initial background, because my undergraduate degree is biomedical engineering; and working in a tech company is not like a traditional business background.”

Today, Jessica is building her business from scratch – Newbyte, an online marketplace with operations throughout Southeast Asia. She attributes the Nanyang MBA and the APEC Scholarship with giving her the knowledge and motivation to start her own business in today’s competitive environment.

For future APEC Scholars, Jessica has a few simple words of advice. “Know what you are looking for, and have a clear path to reach that goal,” she explains. “Be true to yourself – don’t pretend to be somebody you are not.”

 

Arief Kresnadi Ignatius Kasim

Arief Kresnadi Ignatius Kasim – Out of his comfort zone

Arief Kresnadi Ignatius Kasim (Nanyang MBA Class of 2024) finds himself out of his comfort zone as this year’s APEC Scholar – and he’s enjoying every minute of his experience.

An Indonesian citizen, Arief achieved a bachelor’s degree at the Nanyang Technological Institute’s School of Electrical and Electronics Engineering in 2018. He has worked in Singapore ever since, spending the last five years rising through the ranks at Siemens Singapore.

His present stint as an APEC Scholar pursuing a Nanyang MBA has been eye-opening for Arief. For starters, his APEC Scholarship has motivated Arief to make the most of his time in NBS’s MBA programme. In practice, this has resulted in Arief striving to push himself out of his comfort zone, and become more proactive academically and socially.

He also realises that being an APEC Scholar gives him a high profile, whether he likes it or not. “I’m expected to set an example, both academically and in personal character and conduct,” he explains. For him, this means “active participation in class, assisting peers whenever possible, and building relationships not only with my peers but also professors and staff.”

The Nanyang MBA’s leadership modules are a highlight of the experience, in his opinion. “They give me valuable skills such as cultural intelligence, talent management, and negotiation which are essential for leaders in a global and diverse world,” he explains. He specifically calls out the Cultural Intelligence (CQ) module taught by Dr. Catherine Wu as an “eye-opening experience to learn how we can function in a culturally diverse environment.”

These insights will serve him well after he completes his MBA in 2024: “I plan to go back to my home country, Indonesia, and grow my career there,” he shares.

 

Do you have what it takes?

The APEC Scholarship is the only scholarship that covers the full cost of the one-year full-time Nanyang MBA programme. Applications open in November and close in December each year.

Chart new paths in your career with the support of the APEC Scholarship.  Find out more about Nanyang Business School’s scholarships, or contact the Nanyang MBA office at mba.admissions@ntu.edu.sg.

 

Nanyang MBA

The Nanyang MBA is a flexible 12-month or 18-month programme designed to fuel your growth into a future-ready leader equipped with the skills needed to excel in a global, digital environment. The programme aims to develop impactful, culturally adept leaders who embrace the connection between business, technology, and innovation to excel in global environments and adapt to each new wave of digital change.

 

Bridging the Knowledge Gap with MSc Financial Engineering

Bridging the Knowledge Gap with MSc Financial Engineering

Graduate Studies Blog

Bridging the Knowledge Gap with MSc Financial Engineering

MSC FINANCIAL ENGINEERING

Bridging the Knowledge Gap with MSc Financial Engineering

​In a fast-changing financial landscape driven by technology, professionals with strong quantitative and programming skills will possess a competitive edge. For many such professionals, a Masters in Financial Engineering offers a launchpad for career growth in diverse sectors – from trading to risk management.

Hùng Phạm Khắc can attest to this. Having stepped into a model risk management role at one of Vietnam’s leading banks, Hùng found himself struggling to understand certain terms and concepts used by his colleagues. “This knowledge gap became a significant drawback, prompting me to seek further education,” he says.

We sat down with him to find out how the MSc Financial Engineering from Nanyang Business School (NBS) is equipping him with future-ready skillsets, along with his top tips for success in applying to the programme.

 

​Bridging the knowledge gap

During his undergraduate days, Hùng majored in International Business Economics. While he excelled in finance and mathematics courses, he admits that he found his undergraduate studies “less fulfilling overall”.

After graduation, he entered the banking sector under the model risk management function. This involved evaluating various models from data sampling to development, including credit scoring models, and machine learning models.

“This practical exposure spurred my interest in applying advanced mathematics to real-world financial problems,” he says. “It propelled my shift toward financial engineering, where I could use my expertise to design innovative solutions and navigate the challenges of evolving financial markets.”

However, Hùng found himself scrambling to keep up with his colleagues during meetings, as they discussed advanced financial modelling concepts like Probability of Default (PD). He realised that he needed to build an in-depth understanding of statistical techniques to tackle complex financial questions – something that a Specialised Masters in Financial Engineering could help him achieve.

For someone without a strong programming background like Hùng, NBS’s MSc Financial Engineering (MFE) programme stood out for its inclusivity. “Unlike other universities that often prioritise computer science majors, NBS values any application profile,” Hùng explains. “Students from diverse backgrounds are welcomed.”

Hùng was also on the lookout for a programme with industry relevance, and NBS ticked that box with its team of experienced faculty and industry experts. “The programme is regularly updated to align with industry needs, and it emphasises both strong mathematical foundations and programming skills,” he says. Conversations with MFE alumni about their career growth gave him the inspiration he needed to take the plunge.

 

Navigating a gruelling application journey

Hùng describes his application journey for the MFE programme as “incredibly challenging and demanding”, particularly since he was juggling a full-time job on top of his preparations.

“I felt particularly anxious when I received a less than ideal Graduate Management Admission Test (GMAT) score,” he recalls, “especially as I had already missed the deadline for Round 1 of applications.” Determined to overcome these stumbling blocks, he poured his efforts into polishing his CV and admission essays, drawing on feedback and advice from his friends.

For many candidates, the interview process is the most nerve-wracking part of the application. Hùng’s strategy was simple: practice, practice, and practice.

“I examined every detail I put on my CV, ensuring I could respond confidently to any question,” shares Hùng. “I even compiled a list of 20 potential questions and created mock interviews to practise my answers thoroughly.”

His hard work paid off – despite being nervous about solving some tough mathematical problems, he sailed through the interview. “I’m immensely grateful that I successfully navigated the interview process in the end,” he says.

Looking back on his experience, Hùng has two lessons to share with fellow prospective candidates. Firstly, allocating sufficient time for research prior to application is key. “I’d say it’s crucial to spend at least a year on advance preparation before the application deadline,” he estimates. “This includes time for exams like the GMAT or Graduate Record Examinations (GRE), especially if you’re a first-time test-taker like myself.”

Secondly, he highlights the importance of conducting an honest self-evaluation of one’s abilities and achievements. “Ask yourself how and why you’re suitable for your chosen programme or industry,” he advises. “What have you done to prove you have the potential to pursue this? Thinking about this can help you better present yourself to the admissions team.”

 

Taking on today’s fast-paced financial markets

An MSc Financial Engineering offers a stepping stone to diverse paths in the financial industry, and Hùng is not limiting his aspirations at this stage.

“After graduation, I aim to pursue a career in quantitative analysis and financial modelling within the banking or asset management sectors,” he shares. “But I’m also keen on exploring roles related to algorithmic trading, where I can leverage my skills in quantitative analysis and programming to design algorithms that capitalise on market inefficiencies.”

Hùng has confidence that NBS’s MFE programme will equip him with the advanced quantitative and programming skills to open many doors in the finance world.

“What’s really great about this programme is the focus on real-world application,” he emphasises. “I’m not just learning theoretical frameworks; I’m diving into practical skills that are directly useful in the industry. This means I’ll be well-prepared to take on the fast-paced and ever-changing financial markets, making me an asset to future employers.”

Furthermore, the curriculum offers many opportunities for group work and presentations, enabling Hùng to hone his soft skills in communication. “Through my work experience, I know how crucial it is to communicate complex financial ideas to non-technical stakeholders,” he explains. “The ability to identify issues and propose effective solutions clearly and convincingly will give me an edge in the industry.”

 

Accelerate your career growth with the MSc Financial Engineering programme – a multi-disciplinary programme designed for professionals to excel in a changing financial landscape. Learn more about the programme here.

 

Download MSc Financial Engineering Brochure

Engineering to Accounting: A Transformative Journey with the MSc Accountancy Programme

Engineering to Accounting: A Transformative Journey with the MSc Accountancy Programme

Graduate Studies Blog

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MSC ACCOUNTANCY

Engineering to Accounting: A Transformative Journey with the MSc Accountancy Programme

Far from mundane number-crunching, today’s accounting industry is changing at lightning speed. Novel technologies like AI are unleashing new ways to transform financial data into business insights. As the world moves towards achieving net-zero, accountants also play a key role in shaping the future through sustainability reporting. 

The evolving role of the accountant is fascinating to Jackson Chan, a current participant in Nanyang Business School’s (NBS) MSc in Accountancy (MACC) programme. “Financial reporting standards are always improving – for instance, companies are now called upon to comply with zero-emission standards,” he says. “Accountants have a strategic part to play in this.” 

Jackson’s path to accountancy is somewhat unusual – he was a mechanical engineer for almost three years. Here, he tells us why he is making a career pivot, and how the MACC programme is helping him unlock new opportunities. 

 

From engineering to accountancy

As an undergraduate, Jackson majored in Mechanical Engineering before going on to his first job as a display engineer. However, he never lost sight of his interest in numbers.

“I realised I was keen on acquiring knowledge about numbers and financial analysis,” he reflects. “I wanted to broaden my skillsets and keep learning new things such as accounting capabilities, to adapt in this ever-changing world.”

Jackson’s interest in a career change grew when he took the plunge to join a firm that offered accounting and financial reporting services. Being immersed in financial statements gave him new perspectives and the confidence to pull off a career change.

“Accounting is like solving a puzzle to turn numbers into meaningful insights and recommendations,” he explains. “Through accountancy, I could also gain comprehensive skillsets for my future career – from financial management to corporate tax, transfer pricing, investments, contract law, corporate assets knowledge, and even some HR management along the way.”

 

A programme with strong industry relevance

Although Jackson is just beginning a career change, he has big goals in mind. One of them is to manage accounting for a multinational corporation. He recognised the need for an MSc Accountancy programme with real-world relevance and globally recognised accreditation.

 

Jackson Chan

The NBS curriculum stood out with its strong industry connections. Selected modules are conceptualised and co-taught with experts from the Big Four accounting firms, enabling participants to link classroom learnings to real-world business problems. “The programme is globally accredited and has a very good reputation in the field of accountancy and finance,” he adds.

Jackson Chan

The NBS curriculum stood out with its strong industry connections. Selected modules are conceptualised and co-taught with experts from the Big Four accounting firms, enabling participants to link classroom learnings to real-world business problems. “The programme is globally accredited and has a very good reputation in the field of accountancy and finance,” he adds.

 

Given his non-finance background, Jackson was prepared for a tough transition into the world of accountancy. “I have to put in great effort to catch up in all areas of accountancy, particularly topics like financial accounting, whereas my peers may already be familiar with things like formatting financial statements and reporting structures,” he says.

To help participants like Jackson bridge any gaps in knowledge, the MACC programme offers preparatory courses before the start of the academic year. “Luckily, I had strong support from the programme which offered the opportunity to attend Harvard Business Publishing Education’s online course, enabling me to brush up on the basics of accounting.”

 

Problem-solving in a global context

Only a month into classes, Jackson can already attest that his experience has been “very insightful”. The MACC cohort is a diverse one, comprising over 90% international participants. He shared that his interactions with coursemates have enriched his understanding of the global business landscape – an understanding that will be crucial for his dream of joining a multinational corporation.

“There’s a lot of groupwork required in accounting,” he says. “Being part of an international team enables me to hone my problem-solving skills, with synergy from the different skillsets and viewpoints of each of our team members.”

Outside the classroom, he’s had opportunities to get to know his coursemates better through activities, such as during the orientation week. “We had fun team bonding activities with our fellow coursemates, ending off with the MSc Graduate Social evening where we made new friends and enjoyed good food together!”

While it is early days in the programme, Jackson is already looking forward to the rigorous curriculum ahead. “I’m quite excited for the Tax Management module, which will be highly relevant for understanding how tax regulations impact businesses. Company Law is another module that sounds interesting – we’ll learn about corporate governance and how companies are managed and controlled.”

 

A stepping stone to a global career

As technology transforms accounting, the role of the accountant is shifting from traditional compliance to strategic insights. For Jackson, the prospect of delivering greater value to businesses is inspiring. “I hope to contribute effectively to the finance industry and make a positive impact in the broader context,” he tells us.

Once he graduates next year, he believes that many doors will be open to him – both locally and globally.

“The MACC programme at NBS is well-accredited, with a direct pathway to the Singapore Chartered Accountant Qualification and strong links to professional bodies like ACCA,” he says. “This will be very useful in upskilling and gaining new perspectives, even after I graduate from NBS.”

 

Find out more about the MSc in Accountancy programme here.