Last April 21, 2016, the UA&P News Desk announced that the University of Asia and the Pacific will be offering the Bachelor of Science in Accountancy (BSA) starting school year 2016-2017. In relation to this, there will be a special entrance exam exclusive for aspiring BSA students on May 29, 2016.
According to Ms. Humildad Claro, Managing Director of the Quality Assurance Office, the university filed its request for the permission to operate Bachelor of Science in Accountancy (BSA) to the Commission on Higher Education (CHED) last year. The technical team of CHED went to UA&P earlier this year to observe if the university is prepared to offer this course and if they have the resources to do so. The permission to operate was granted last April 14, 2016. According to Ms. Claro, the first two years of this course will be under the permit granted by CHED. Although, UA&P has yet to submit another application for the course to be recognized by the government since students will not be able to graduate from this course without government recognition or GR status granted on the university.
Furthermore, Ms. Claro added, “Each school in the university has a plan and every plan takes a long process”. The School of Management’s plan is to broaden its academic scope by offering Bachelor of Science in Accountancy (BSA). She also mentioned that the School of Management (SMN) decided to offer accountancy after conducting a feasibility study to see whether there will be students who are interested to take the course and if the university has the appropriate facilities and a capable faculty to teach this course.
Since UA&P was formerly known as the Center for Research and Communication (CRC), the pioneer of the Industrial Economics Program, its strength in the field of research and communication can be utilized in this new program considering that accounting is a study of financial statements and economic entities. Through UA&P’s approach in both the liberal arts and professional specialization, students will be developed holistically while their quantitative analysis skills will be enhanced at the same time. This will give this course’s students an advantage over those of other universities. The program also aims to cultivate the following competencies: Technical and technological competence, excellent Oral and written communication skills, Personal and teamwork skills, and inner Strength (TOPS) to give importance to values such as honesty, integrity, and transparency.
Likewise, students will be given another advantage through the mentoring system in their early years of stay in the university to assure their personal growth. In their 4th year, they will be given professional mentors who are business practitioners and accounting experts so that they can be equipped with the necessary skills that they have to possess in order to competently face the demands of the their field.
There is also a strict retention policy that will be implemented in the BSA program. Students will be required to maintain a weighted average (WA) of 1.75 or higher in all accounting subjects in the first two years of their stay in the university. In their third, fourth, and fifth year, they have to maintain a general weighted average (GWA) of 2.00 or higher.
Even though BSA is a new course in the university, UA&P is already familiar with its curriculum since it has a track record in math-related courses such as Applied Mathematics, Industrial Economics, Business Administration, Management, and Industrial Engineering.
Bachelor of Science in Accountancy (BSA) is another step in broadening UA&P’s academic horizon. Truly, this academic expansion lives up to the university’s mission statement, “to pursue, through world-class research, an interdisciplinary synthesis of humanistic, professional, scientific, and technical knowledge”.
Photo credits: UA&P News Desk