03-09-2011, 02:56 PM
Service sector play a vital role in United Kingdomâs economy. The education services are also one biggest source of income for United Kingdomâs economy.
According to Wikipedia
âIn 2008 education had a gross value added of around £76.4 billion. In 2007/08 higher education institutions in the UK had a total income of £23.4 billion and employed a total of 169,995 staff.â
See the link
http//en.wikipedia.org/wiki/Economy_of_the_United_Kingdom
It means even in 2008 the income contributed by the higher education institutions of U.K was many time greater than the total current budget of Pakistan.
You will find ads of ACCA on a numerous websites around the web. Even if we talk in worldâs job market prospective there is no such huge demand of professional accountants. Even in U.K job market situation is not so good. In my opinion ACCA is discriminating many accounting bodies of the world. Now CIMA has also come in our education sector and trying to capture education market by offering 5 exemptions to B.Com students. In my opinion our B.Com students do not deserve for 5 exemptions in CIMA. It is only a market penetration strategy of CIMA to capture education market.
Regards,
Awais
According to Wikipedia
âIn 2008 education had a gross value added of around £76.4 billion. In 2007/08 higher education institutions in the UK had a total income of £23.4 billion and employed a total of 169,995 staff.â
See the link
http//en.wikipedia.org/wiki/Economy_of_the_United_Kingdom
It means even in 2008 the income contributed by the higher education institutions of U.K was many time greater than the total current budget of Pakistan.
You will find ads of ACCA on a numerous websites around the web. Even if we talk in worldâs job market prospective there is no such huge demand of professional accountants. Even in U.K job market situation is not so good. In my opinion ACCA is discriminating many accounting bodies of the world. Now CIMA has also come in our education sector and trying to capture education market by offering 5 exemptions to B.Com students. In my opinion our B.Com students do not deserve for 5 exemptions in CIMA. It is only a market penetration strategy of CIMA to capture education market.
Regards,
Awais
