Originally posted by villan:

cool..can u share ur experience in macquarie? workload,culture,teaching methods...ect

 

 

any difference between professional accounting course and accounting?

basically the professional accounting major meets the requirements professional accreditation of CPA, ICCA and NIA while the normal one accounting degree is more geared towards other uses of accountings in finance, management and accounting systems designing.

i find the workload pretty manageable so far; just make sure you pay attention during lectures, take notes in class and recopy then into a proper notebook at home for easy reference. also, participate in tutorials so you will be able to gauge your understanding of the units.

the education system here is based on independent learning. this means you are expected to learn on your own and participate during tutorials to make sure you fully understand what you have covered during lectures. this can also mean a lot of freedom since you're not pushed to study hard.

culture wise, there's quite a lot of proportion of foreign students here and i have quite a lot of indonesians and china friends here. there's a singaporean club in macquarie if it interests you. haven't really experienced any serious racism yet; most of what i experienced were out of campus by small kids who have really ugly upbringing but it's no big deal anyway.

the lecturers i've met so far are very good, though it's probably because i asked around before enrolling into classes with the better lecturers.

hope this helped ^^

edit - dropped you a message

macquarie has a strong background in accounting so i'll pick that if i were you.

make sure you study hard because if you fail 2nd year accounting units twice you'll be booted out of the professional accounting course :D

i'm doing econometrics at macquarie, starting my 2nd year next feb.

Originally posted by udontknowme:

just plug into lappy or ipod for casual listening. most of the time...

then it should be all right for casual usage; not audiophile quality though (:

what i would suggest is to google for reviews and see what people think about it!

looks all right

what are your listening needs?

Originally posted by skeujin:

ah i think i misread yr post as in you will be leaving your bike for 2 weeks.

for 4 mths. you might wana consult your owners manual. for more details. i belive some of them even advise on pouring a little engine oil into the spark plug holes (jus a tiny capful) this will help lub the black and keep yr piston rings from drying out and sticking. pls use very little or u will have a hell of a time starting your bike and get carbon build up after.

also prop your bike on its mainstand (supposed to eliminate stress on the suspensions and warping of tyres) and cable tie your clutch lever to your handle. this will prevent the cluch plates from sticking.

and for 4mths i hope u have a secure parking area like a locked garage. a stationary bike will attract theives.

thanks ^^

the clutch one is helpful

Originally posted by skeujin:

four stroker no big deal for 2 weeks.

your bike is mostly plastic so i dont know which parts you expect to corrode. but hey doesnt hurt to lubricate your bike if you see fit.

main things for you to do -

disconnect your battery terminals. and

drain the fuel from yr carbs with the fuel cock turned to off. best to drain yr tank too if yr not lazy.

thanks for the info (:

edit: i'll be leaving for singapore in 2 weeks but i wouldn't be back in sydney for another 4 months.

Originally posted by skeujin:

wat bike?

2005 honda deauville

hey guys

i'm going to be leaving sydney for singapore in less than 2 weeks time and i'm wondering if anybody can offer any tips for motorcycle long term storage (around 4 months)?

heard and read bits of tips here and there like spraying wd40 on parts that are likely to corrode, propping the bike up on the centre stand and using blocks of wood to lift the tires off the ground, etc...

anything else i should be considering?

i usually sit near the front during lectures and take down notes on paper. when i go home i'll rewrite the notes into a notebook i have for each unit i am studying.

it's also important to participate a lot during the tutorials as well since the discussion would be helpful to your understanding of the subject.

paying attention during lectures and tutorials works well enough for me to be able to spend the rest of the week playing ^^

i think the best study method would be one that meets the capabilities of the person; some people are able to understand concepts easily while others have to rely on rote learning. don't think there's any one-size-fits-all study methods for everyone, so you'll just have to find your own learning style and match the proper methods.

x1 shoei TZR

i think putting on a bit of muscle mass through free weights would be a good idea since muscles at rest will still passively burn more calories (how much more is debatable) and it should increase your metabolic rate as well

ng keng hwa was my instructor.

very nice fellow (:

1st time pass here under him

i can pm you his contacts if you'd like

for which area?

Originally posted by maurizio13:

 

ultimately the accounts still have to balance.

 

fair enough; the ends justify the mean :D

Originally posted by tinuviel07:

i dont think his studies take into account the nature of the rates right

you're probably right, though i thought it would make clearer sense if we apply balance of payment onto exchange rates since most topics in macroeconomics builds on the knowledge of the previous chapters. besides, they both fall under the external sector market.

sorry if i made everything more confusing q: ...

Originally posted by maurizio13:

Do you do accounting?

Just bear in mind that for every credit there is a corresponding debit like in accounting, that's why accounts always have to balance.

 

Fundamental disequilibrium occurs when the home currency is over valued compared to foreign currency, this will cause a persistent deficit in the home country accounts and a surplus in the foreign country accounts. Perhaps this could explain the US persistent deficit.

it's like accountings with one slight alternation

let's say in a floating exchange rate and the BP goes into deficit due to an increase in imports, this will cause the currency to depreciate. when the currency depreciates, this will cause prices of exports to become cheaper and hence foreigners will buy more exports, hence balancing out BP.

if we're in a fixed exchange rate regime and the BP goes into deficit due to an increase in imports, the central bank will have to increase demand of the currency by buying back their local currency from the market by selling their gold and forex reserves, thus allowing the exchange rate to remain constant instead of depreciating.

don't exactly quite get your question because when balance of payment is in equilibrium,

BP = current account + capital account = 0

your question would make more sense if it involves floating or fixed exchange rate policies

for floating exchange rate, BP = 0 in both accounting and economic sense

for fixed exchange rate, BP = 0 in the accounting sense but BP does not = 0 in the economic sense; this is because central bank activity is not taken into consideration in the economic sense.

a deficit or surplus in the balance of payment in the economic sense will tell the central bank know how much adjustments they have to make to their gold and forex holdings in a fixed exchange rate policy in order to maintain the value of the currency.

iirc, your friend would have to close her BBDC school account and create a private candidate account at BBDC instead using the NIRC number of your instructor.

which instructor is your friend going to? I can PM you my instructor's contacts if your friend is interested.

Originally posted by Medicated Oil:

Engineering ?

You got to be kidding.

To be wealthy, you have to learn how to make money out of money.

Being a engineer, you have to struggle with work, work and more work.

Not forgetting you have to compete with more engineers that are imported from other countries and drawing the salary lower.

Being a engineer will not make you wealthy.

I have not known and found any engineers that have become wealthy through being a engineer.

Maybe I am not well-read.

Hope some one can prove me wrong.

various employers value the quantitative skills and problem solving skills of engineers who may particularly do well in the finance sector.

probably one reason you don't see any wealthy engineers in singapore is because the market for engineers is over competitive (with a small market demand for labour and large labour supply), driving the wages down; it does not help when firms have the opportunity to import foreign talents from india who can do the same job while accepting lower pay as well.

if you turn your sights on other countries such as australia, mining engineering graduates entering the market are looking at median salary packages in the 90k region annually, due mainly to a booming mining industry and the tons of natural resources waiting to be dug up.

all in all, an engineering background is a robust foundation for future career advances though you'd probably have to look elsewhere other than the singapore job market to experience its full potential.

have you considered studying economics instead?

you're better off entering a futures contract

they have black/white e200 and white audi a4 for higher ranks

others usually get the older GP cars like proton, mitsubishi, etc

generals get a star around the number plate area to signify their rank

their entire fleet is parked in my previous camp

yup, your dad is right :D

i'd think a cheap and reliable car that's low on the insurance premium as well.

just don't get so attached to it because scratches and dents will come in time.

not sure what whether you want a sedan or hatchback though, but there's lots of options available.

prices vary, so do look through several dealers and see which offer a better value.

play sudoku on DS until your eyes cannot open stay open any longer :D

private is cheaper and faster

spent 1.2k to 1.3k and got license around 6 to 9 months later

get a cheap 2nd hand car between 1.6 to 2.0 first.

good for insurance premium for now and good for the heart too when you "accidentally" bang something.

comforts can always come later when you have a clearer idea of want you are looking for in a car; be it performance, creature comforts or lower costs.