accountingAccounting degrees are extremely relevant to the modern job market, and many students choose to pursue degrees in accounting for the relative job security and good pay. Internship programs are a popular component of accounting degrees, and they allow students to learn more about different institutions before they commit to full time careers. 

Internship Requirements

Every accounting degree program has its own requirements and slightly different line of study. Many accounting programs do not require an internship. However, most larger institutions will provide a student with the necessary support to find a good internship. Doing an accounting internship is highly recommended, because it provides a student with a leg up in the job market.

Why Should I Complete an Internship?

Internships are designed to introduce a student to the professional aspects of a field. The student is able to see the inner workings of a particular type of company to asses whether the company would be a good long term fit. The intern gains good contacts in case he or she wished to work with the company in the future; if not, the intern is not obligated to continue working after the internship.

Accounting internships have another plus compared to other degree internships, because they are usually paid. The salary is not as good as a full time employee’s wages, but it is valuable when one considers that most other degree internships are unpaid.

When completing an accounting internship, a student gains valuable knowledge that will carry on to his future work. Employers look favorably on applicants who have completed an accounting internship because there are many aspects of accounting that are hard to learn without gaining hands-on experience. The internship will complement the knowledge gained during the degree and give the student an extra credential for entering the job market.

Options for Accounting Internships

The locations of accounting internships are diverse. From the smallest of businesses to the largest and most powerful CPA firms, many businesses accept interns with the right backgrounds. The attention that and internt will get and the amount of responsibility alotted will vary based on the firm, but generally smaller businesses will pay more attention to their interns’ education. However, a larger company may look better on a CV. For the best opportunities, an intern should be willing to relocate to a larger city or commute to the company.

Students who attend larger accounting schools often have the benefit of being connected to many firms that accept internships. In this case, it’s easy for a good student to find a suitable internship. Those attending smaller schools will have to be more thorough in their internship searches. Contacting local businesses with a CV is a good way of scouting out companies willing to hire interns.

Conclusion

While accounting internships are not always required for accounting majors, they are a good idea. The internship provides valuable experience and lets future employers know that the person is serious about a career in accounting. A range of options for placement allow students to choose the level of sophistication and location of the company that fits them best. For these reasons, all accounting majors should consider an internship whether they’re required to do one or not.

Here is a look at some “Accounting School Profiles“.