University of Technology SydneyUTS Faculty of Business


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Why Do Sponsor Organisations Want to be Involved?

The benefits to those organisations who choose to join the Bachelor of Accounting program as sponsoring partners are numerous:

  1. A majority of Bachelor of Accounting graduates will accept permanent employment from one of the 30 organisations that provided their training.
  2. At the end of each 3-year intensive program the sponsors know the students well and have seen how they perform under real work pressures; the result is a pool of first-class graduates to recruit from.
  3. Bachelor of Accounting students are an instant source of accounting talent, whether needed for special projects or to fill in for absent staff. The value of work performed by students in completing their project-based work experience can of itself repay the sponsorship contribution.
  4. Sponsor representatives are able to network easily and frequently with the many other sponsor organisations involved in the program.
  5. Supervisors of students have the opportunity to contribute to the education of these highly motivated young people, who will enter the accounting profession and become tomorrow's business leaders.
  6. Sponsor organisations gain a high level of visibility on campus through their participation in the program.

Here's a more personal perspective, written by one of our former sponsor managers as part of a booklet celebrating the first 10 years of the Bachelor of Accounting program:

Its Friday.

It's been a long week - budgets are due, the system has been down. In fact the system really never did cope. I have a meeting with one of the young recently-qualified accountants who is trying to cobble a replacement budgeting program together. He is a quiet young man who has a certain intensity, a determination unlike many others. He is ever so confident.

He hands a disk to me, which after a short presentation, I agree goes a long way to solving the problems we face in preparing a practical budget.

It's Monday.

It's been a long weekend - the Board Report has to go but we have only just received two of our overseas subsidiary's reports, and we now only have two hours to consolidate and ensure all areas of the report are consistent. I am assured by another of my young students that she has it under control.

She is equally as determined, her skills already proven to defy her youthful exuberance. Thirty minutes later I have the completed report on my desk for checking. An hour later all is well - I don't know what I was worried about!

Who are these young people? Why are they able to do things that some of my more experienced accountants are not?

They are both products of the UTS Bachelor of Accounting Co-op program. Both armed with practical experience and knowledge way beyond their years. Far more than either has the right to be. Both were able to move into positions and "hit the ground running".

They didn't need much time in their new jobs to enable them to translate business and accounting theory into practice. They had been lucky enough to have practical learning and real life business experience mixed together into a degree unlike no other.

I have had the privilege to work with the University and students like these since the BAcc program first commenced. I have seen the brightest young HSC students turn their hands ever so quickly to business. I have seen the results. I believe most employers would give their right arms to have these sorts of employees available to them, showing so much practical knowledge and skills so early in their careers.

I believe that this is the true output of this program.

Chris Old
Assistant General Manager,
Gerling Global Life Reinsurance

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