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    What it's like to be an Accounting Major

    July 05, 2016

    There are many majors out there especially in the College of Business, from accounting to finance to management. They all are similar and different in their own way but what would it be like to be an accounting major?

     

    Classes as an Accounting Major

     

    The first two years are pretty standard for every student. Getting an opportunity to get your general courses that everyone has to take out of the way and make sure you get a chance to see various different subjects.

    Although if you are undecided or trying to figure out your interest in the college of business pay attention to the beginning courses in Accounting such as Principles of Accounting I and II.

    After that you start to get specific into your major, in the case of accounting there are a couple of things you can expect if you choose that major.

    You’ll still get an opportunity like every business major to get a feel for the different disciplines in the College of Business but after the second year you’ll start to get specific in your major. From Intermediate Accounting I and II to Governmental and Nonprofit accounting you will get an in-depth knowledge of the accounting profession and the different sectors within it.

     

    Organizations to join if you’re an Accounting Major

     

    Depending on the school you attend there are different organizations that will be able to help you earn the degree and meet fellow accounting majors.

    Organizations such as the Institute of Management Accountants (I.M.A.) and Beta Alpha Psi (the International Honor Organization for Financial Information Students and Professionals) are specifically geared for accounting and finance majors.

     

    Life as an Accounting Major

     

    Getting an accounting degree opens up a lot of doors regardless if you decide to pursue the workforce after graduation or looking to add on and get a masters in accounting.

    The good thing about getting a degree in business and in accounting in general is that you can go into virtually any industry.

    Typically after you graduate with a degree in accounting there are three routes you can go. You can go into public accounting, private accounting and government/not-for-profit accounting.

    Public accounting generally deals with a wide array of services from auditing, consulting services, income taxes, accounting and review. If you are considering pursuing a career in public accounting than you will need to pass the certified public accountant exam (CPA).

    If you are looking at private accounting than you will be working a lot more intensely with one company. Usually the path of a private accountant is one of an internal auditor, working to come up with and the creation of any document higher management will ask for. Although there are also many positions from accounting to management in a private company.

    Government and not-for-profit accounting deals more with working within budgetary confines and the appropriation of funds to different parts of that company or outside source.

    Currently according to the Bureau of Labor Statistics the projected growth for jobs in the accounting field are looking to grow by 11 percent from 2014-2024.

     

    For Additional Information

     

    If you want to more about the life of an accounting major, the courses you’ll need to take and the resources available to you as a student at the University of Wyoming check out the College of Business page!