The Most Commonly Misconceived Business Profession…
As a clueless high school senior, I pleaded with ignorance to the vast opportunities in this industry, “No, mom, I will not major in accounting,” I exclaimed, “… all they do is sit in a cubicle all day and crunch numbers!” I would prove to be mistaken as I learned of the countless perks of obtaining such a degree!
In today’s business environment, accounting has moved beyond just crunching numbers. A degree in Accounting from Villanova carries high significance!
1. The Backbone of Business
Accounting is the foundational element of business that involves handling the company’s finances through the careful examination of analytics and will likely always be in demand. An accountant’s work leads to a solid understanding of the business as a whole and plays a crucial role in its short- and long-term strategic planning. Earning a profit drives the business, and it would not succeed without the efforts of an accountant!
2. A Guaranteed Job Upon Graduation
According to the US Bureau of Labor Statistics, the accountant and auditor job market will grow by 6 percent between the years 2018 and 2028. Imagine how proud your mom would be if you told her nearly 100 percent of students in your major are employed upon graduation! As long as you stay on top of the 150 credit hours and take advantage of internship opportunities, finding a job should be easy.
3. Encourages Entrepreneurship
Because an accountant develops substantial market awareness, a background in accounting accompanied by creative intuition can lead to a unique start-up. If you have the qualifications and experience, you can have your own accounting firm or even move into a role as a CEO in a preexisting company. As an aspiring businessperson, you may dream of becoming the owner of a company like Apple: Why not perfect your knowledge of the ins and outs of a business to help reach that goal?
4. Working Abroad
At a young age, many newly graduated students have an appetite to travel the world. By landing a position at one of the Big Four accounting firms, the worldwide offices allure these adventurous individuals. For example, PwC has offices in 157 countries. The sky is the limit!
5. Every Industry Needs One
Despite the rise of tech, the need for accountants remains prevalent. Accountants may be asked to help research, analyze, and implement various types of accounting-driven tech as part of their jobs. The day-to-day operations of accountants have become more efficient with technology such as QuickBooks.
6. Diverse Field of Concentrations
There are many options when it comes to selecting a path within the accounting industry. You can work in the private sector, from health care and education to manufacturing and insurance. You may choose to become a Certified Public Accountant (CPA) and focus on audit, tax, or advisory. Other options include working for a government agency, an individual company, or one of the Big Four firms. The choices are endless when it comes to finding the right fit for you!
Conclusion
As you can tell, the accounting profession offers much more than the boring stereotype you previously attached to the job. The Villanova School of Business (VSB) recognizes the interests of their students and offers unmatched programs for accounting majors, including the Spring Accounting Internship (SAI).
A vast majority of VSB first-years are undecided and eager to learn about each potential major and what it has to offer. I can say with confidence, based upon the distinguished professionals I encountered at the Accounting Department Career Conference, that this profession is not just for the number gurus who could stare at a computer screen all day. Accounting provides a well-rounded business background and rivals any other VSB major.
Could you picture yourself being successful and happy in the field of accounting?
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