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Minors for Accounting Majors
Change in accounting is constant. It varies only in its rate. This is a prime feature of the environment of professional accounting in the 1990's. And right now we are in a period of considerable change, and at an unprecedented rate: technology, the competitive environment, the expansion of the scope of services, globalism and international commerce, historic alterations in political and economic landscapes, and increasing social (and legal) expectations of accountants.
Of course, these factors effect the practice of accounting; this, in turn, has a profound effect on accounting education. Consequently the School spends significant time and energies to make sure that its curriculum is geared to current practice, and to addressing these new realities.
But as practice adds new challenges and responsibilities, accountants find themselves requiring additional skills or abilities, often outside the technical. In a sense (and in a relevant analogy for all business disciplines), accountants and accounting students can find themselves like travelers in an unfamiliar environment: customs, history, traditions, language, politics, currency, regulations--so much is new. As usual, the wise will anticipate change, prepare for it, and succeed.
One means of preparing for new realities is by taking a minor field of study, one that complements or contributes to--enhances--your accounting knowledge and expertise. While your major remains accounting, your minor, by concentrating elective or required classes into one discipline, adds a new and valuable dimension to your education. Choosing a minor field of study can be a decision of major significance.
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Particularly interesting for accounting students is the fact that accounting is "multi-disciplinary." Many disciplines are inherent in practice: computer science, finance, law, communications, psychology, politics, marketing, and so on. Accounting does not exist in a vacuum. In fact, there are few disciplines knowledge of which would not benefit the professional accountant.
Now as students in a major university, you are provided opportunities to develop yourselves as rounded, well educated professionals; your College of Commerce and Liberal Arts and Sciences curricula serve this purpose. If you've been diligent, your curriculum will produce a broadly educated, intellectually capable, curious and skilled graduate... a professional.
But, for some, more will be needed or desired, and thus we make available this guide. As you will see, there are wide choices, any one of which will serve a number of purposes:
- Peripheral vision: Deepen your knowledge or skills in an area closely related to accounting.
- Differentiation: Distinguish yourself in a competitive market for new accounting graduates.
- Added value: Become a more valuable member to your firm or company, now and in the future.
- Life-long study: Provide a basis for further education or development in the minor field.
- Enjoyment: Provide the satisfaction of a deeper, broader understanding of a body of knowledge, or the application of a specific skill.
Any of these benefits should be sufficient for some serious thought on a minor; in combination, they make a powerful case for a minor. Broadening your knowledge base and your capabilities -- your "intellectual portfolio"-- can be a wise decision.
Investigate some available minors:
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