Monica's Blog #5

Accountancy, Business Management (ABM)

K-12 Curriculum

Students should ask themselves this question: What do I want to do after high school graduation? SHS is supposed to help lead students toward a career path.

Laurd Menhard Bautista Salen of Barangka, Marikina City, who preenrolled at Technological Institute of the Philippines in Quezon City, has chosen the HUMSS strand under the Academic track because it “will develop the reading and writing skills that will prepare me for college where I’m going to take up mass communications.”

Jay Anne Torres Cipriano of Olongapo City preregistered for STEM under the Academic track at The Manila Times College of Subic “to have sufficient fundamentals in engineering because I’d like to pursue geological engineering in college.”

Kristin Hans V. Santos of Bocaue, Bulacan province, preenrolled in ABM at Manila Central University in Caloocan City because she wants to be “a successful businesswoman someday.” She believes “the world changes because of the business people who manipulates it.”

Ronn Jayvier M. Gonzales will be taking the ICT strand under the TVL track at System Technology Institute (STI) in Balagtas, Bulacan province, because “I want to learn new things” and he thinks information technology “will lead me to a successful life.”

The most flexible strand, according to Department of Education  (DepEd) Assistant Secretary Elvin T. Uy, is the GAS because it will allow students to try one or two subjects in the STEM, one or two in tech-voc, and other electives for which the SHS has the facilities and the teachers.

Campaigns to encourage students to go into the STEM have not had salutary effects on incoming Grade 11 students.  Based on preregistration data, only 8 percent chose the STEM strand. But here is the good news: 40 percent will follow the tech-voc track.

How can SHS students study so many core subjects and track subjects in just two years?

“Think in terms of semesters,” Luistro said. Students will be taught different core subjects every semester. They will also choose different electives every semester. Some subjects will require two quarters only.

It is a misconception that the SHS curriculum is congested, according to  Uy.  Just like in Grades 1 to 6 and Grades 7 to 10,  there are eight subjects in Grades 11 and 12.

“But just like in college, the lineup of subjects changes every semester,” Uy said. Students can have, for example, four core subjects plus three specialized subjects in one semester.

Read more: http://newsinfo.inquirer.net/782629/shs-tracks-offer-career-paths-to-students#ixzz4MD39MGcb 

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Monica's Blog #4

Accountancy, Business Management (ABM)

K-12 Curriculum

This is a flexible course allowing you to study the fundamentals of accounting and business management with the option to then focus more deeply in either field. This course will prepare you for a career in management accountancy, management consultancy and business management.

If you choose to specialise in business management, you'll graduate ready for a business career with accountancy skills alongside. Over 50% of FTSE 100 CEOs are business leaders with a finance background such as this. You’ll study financial and management accounting alongside the legal, business, and organisational contexts within which they operate. You’ll then deepen your business knowledge with options to study HR, international business, entrepreneurship, marketing and more.

If you choose to specialise in accountancy, you can graduate as a 'part qualified' accountant but with a deep appreciation of its wider business context. You will study in line with professional practice requirements and so maximise the number of accreditations and exemptions you will have upon graduation. Your degree will be accredited with the Institute of Chartered Accountants England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA) and the Association of International Accountants (AIA).

As with business, you’ll study financial and management accounting alongside the legal, business, and organisational contexts within which they work. You’ll then deepen your accounting knowledge with study options, including taxation, auditing, strategy, and contemporary issues such as social & environmental.

All students will have the chance to work on a finance or business project and enter the CIMA Global Business Challenge and compete with undergraduates around the world.

You’ll also follow your own business engagement programme which will give you first hand participation in live accounting or business environments. We call this 'Make it' and it is unique to the University of Gloucestershire.

-- http://www.glos.ac.uk/courses/undergraduate/abm/pages/accounting-and-business-management-ba-hons.aspx

Monica's Blog #3

ABM (Accountancy, Business Management)

K-12 Curriculum

The Accounting, Business and Management (ABM) track for grades 11 and 12 level is expected to be the most popular career paths under the K to 12 program.

ABM covers a range of job opportunities in the product and service sectors of the Philippine economy. The track prepares students for business management programs at the collegiate level, as well as occupations in the skilled labor force as operations technicians and service personnel.

Entitled Organization and Management: Concepts, Case lets, and Exercise. The organization and management concepts required for college degrees, technical and skills training, and entrepreneurship ventures.

The organization and management concepts serve as guidelines for professions or academic programs in science, technology, and engineering, as the cover general course sketches of these trades.

Also focuses on organization and management concepts through developments in the Philippine economy, as well as global statistics. The case lets and exercises drill the students in the use of the ABM, with particular emphasis on organization and management theories in diverse environments.

Case lets, or short cases of actual companies, although kept nameless, offer problem-solving exercises to develop critical thinking and practical training expertise for instructors and students alike.

Organization and management, therefore, offers an initial and easy compass for life changes and challenges.

- ABM Organization and Management Book.

- The Author

Monica's Blog #2

ABM (Accountancy, Business Management)

K-12 Curriculum

The Accountancy, Business, and Management (ABM) Strand of the Academic Track of Senior High School (SHS) has nine specialization subjects, namely:

Applied Economics

Business Ethics and Social

Responsibility

Fundamentals of Accountancy, Business, and Management 1

Fundamentals of Accountancy, Business, and Management 2

Business Math

Business Finance

Organization and Management

Principles of Marketing

Work Immersion / Research / Career Advocacy / Culminating Activity

It should be remembered that these subjects have different content and competencies, which will be determined by the circumstances of the students, the school, and the Higher Education Institutions (HEIs) in which the students are most likely to enroll.

The idea that “one size fits all” has been abandoned by the Department of Education (DepEd). A lot of leeway is given to Senior High Schools, since the main and really the only reason that two years were added to basic education is to prepare students for their future lives. It makes no sense to force a student to follow a predetermined curriculum if s/he has something else in mind for herself or himself.

How are these subjects related to the course that the students will take in college?

Let us look at a typical curriculum for Bachelor of Science in Accountancy.

At the University of the Cordilleras, a first-year college student takes Accounting 101 (Accounting Orientation), a one-unit course that is a general introduction to accounting. After a student takes the two Fundamentals of Accountancy, Business, and Management specialization subjects in SHS, there will no longer be any need for this college course. There should also be no need for him or her to take Accounting 1/2 (Fundamentals of Accounting, Part I).

There will also be no need for Management 1 (Principles of Management), another college freshman subject. There will still be a need, however, for him or her to take Accounting 3/4 (Fundamentals of Accounting, Part II), which has content over and above that in the SHS subjects.

Since the General Education Curriculum (GEC) has been revised, there will also be no need for the student to take other subjects listed in the first-year curriculum, such as English 01 (Communication Skills Part I), English 02 (Communication Skills Part 2), Filipino 1 (Komunikasyon sa Akademikong Filipino), Filipino 2 (Pagbasa at Pagsulat Tungo sa Pananaliksik), Mathematics 1 (College Algebra), History 1 (Philippine History with Government and Constitution), and Natural Science 1 (Physical Science).

All of these subjects are now in the K to 12 curriculum and have been rightly removed from the GEC. Oral Communication, Reading and Writing, Komunikasyon at Pananaliksik sa Wika at Kulturang Pilipino, Pagbasa at Pagsusuri ng Iba’t Ibang Teksto Tungo sa Pananaliksik, General Mathematics, and Physical Science are SHS core subjects. Philippine History is taken up starting Grade 1 in Araling Panlipunan. The removal of duplication of subjects in the curriculum is one of the major advantages of the K to 12 reform.

Does this mean that a first-year student of accountancy will take up very few subjects?

Not really. There are new core subjects in the new GEC, which may or may not be taken during the freshman year. The CHED Technical Panel for Business and Management Education, like other Technical Panels of CHED, has new guidelines for the curriculum, based on CHED’s reduction of the GEC units.

The common perception that the addition of two years to basic education will automatically result in the reduction of two years in higher education is not correct. There is still one year of GEC in college; that means, of course, that one year of GE has been scrapped. Whether that one year will just be dropped or whether it will be filled in by major subjects still has to be determined by the Technical Panels.

In CHED, the Technical Panels formulate the curriculum. That is different from DepEd, where various Technical Working Groups (such as the SHS one that I co-chaired) draw up drafts of curriculums, but it is DepEd itself that has the final say. CHED may have the ministerial duty of promulgating college curriculums, but in reality, it is the Technical Panels that decide with finality.

Therefore, those that have things to say about the college curriculum should contact the concerned Technical Panel, not the CHED Commissioners (who will simply refer all queries to the Technical Panels anyway).

The Technical Panels consist of top educators and industry representatives in the respective fields. The private sector, in other words, really does most of the work when it comes to curriculum development. As I already mentioned in an earlier column, even the curriculum for SHS was initially formulated by the CHED Technical Panels.

Why do private sector professionals contribute their time and talent.

Monica's Blog #1

ABM (Accountancy, Business Management)

K-12 Curriculum

Senior High School Core Curriculum Subjects

1. Oral Communication
2. Reading and Writing
3. Komunikasyon at Pananaliksik sa Wika at Kulturang Filipino
4. Pagbasa at Pagsusuri ng Iba’t-Ibang Teksto Tungo sa Pananaliksik
5. 21st Century Literature from the Philippines and the World
6. Contemporary Philippine Arts from the Regions
7. Media and Information Literacy
8. General Mathematics
9. Statistics and Probability
10. Earth and Life Science
11. Physical Science
12. Introduction to Philosophy of the Human Person / Pambungad sa Pilosopiya ng Tao
13. Physical Education and Health
14. Personal Development/ Pansariling Kaunlaran
15. Understanding Culture, Society, and Politics
16. Earth Science (taken instead of Earth and Life Science for those in the STEM Strand)
17. Disaster Readiness and Risk Reduction (taken instead of Physical Science for those in the STEM Strand)

Senior High School Specialized Subjects

A. ACADEMIC TRACK

1. Accountancy, Business and Management (ABM) Strand
a. Applied Economics
b. Business Ethics and Social Responsibility
c. Fundamentals of Accountancy, Business and Management 1
d. Fundamentals of Accountancy, Business and Management 2
e. Business Math
f. Business Finance
g. Organization and Management
h. Principles of Marketing
i. Work Immersion/Research/Career Advocacy/Culminating Activity i.e. Business Enterprise Simulation

2. Humanities and Social Sciences Strand (HUMSS)
a. Creative Writing/ Malikhaing Pagsulat
b. Introduction to World Religions and Belief Systems
c. Creative Nonfiction
d. Trends, Networks, and Critical Thinking in the 21st Century Culture
e. Philippine Politics and Governance
f. Community Engagement, Solidarity, and Citizenship
g. Disciplines and Ideas in the Social Sciences
h. Disciplines and Ideas in the Applied Social Sciences
i. Work Immersion/ Research/ Career Advocacy/ Culminating Activity

3. Science, Technology, Engineering and Mathematics (STEM) Strand
a. Pre-Calculus
b. Basic Calculus
c. General Biology 1
d. General Biology 2
e. General Physics 1
f. General Physics 2
g and h. General Chemistry 1 and 2
i. Work Immersion/Research/Career Advocacy/Culminating Activity

4. General Academic Strand
a. Humanities 1*
b. Humanities 2*
c. Social Science 1**
d. Applied Economics
e. Organization and Management
f. Disaster Readiness and Risk Reduction
g. Elective 1 (from any Track/Strand)***
h. Elective 2 (from any Track/Strand)***
i. Work Immersion/Research/Career Advocacy/Culminating Activity
*Select from HUMSS Strand Subjects a to d.
**Select from HUMSS Strand Subjects e to h.
***Schools must present/offer a range of subjects from which students can choose.