There are definite benefits of studying a major like accounting at a liberal arts college. Graduates of liberal arts-based programs have the skills and experiences that are valued by employers. Here is an introductory sample of the benefits of an accountancy degree from a liberal arts-based school.
Career Stability and Flexibility
A business related liberal arts-based degrees will prepare the holder for an unsteady job market and a variety of career choices. The field of accountancy is actually quite diverse, so the skills that students gain will apply to a variety of finance fields and specializations. Students who invest all of their time and money into limited areas and exclusive specializations will lack career choices and flexibility. Having a solid academic background that crosses over to different positions will benefit the majority of working adults, who will most likely hold multiple jobs over the duration of their lifetimes. A liberal arts-based curriculum instills the writing, thinking and cross-disciplinary skills needed to successfully navigate through changing markets and economies.
An accountancy degree from a liberal arts-based school will provide plenty of opportunities to develop core competencies, such as research, data analysis, analytical reasoning, critical thinking and oral and written communication skills. To illustrate, strong writing and speaking skills are essential for success as an accountant. An accountancy degree program in a liberal arts-based school will develop excellent critical reading and comprehension skills. Accountants need these skills to analyze and transform complex financial data into meaningful reports. Students will expand their analytical abilities because they must continually scrutinize, critique and synthesize complex information. Liberal arts-based degree programs also promote diversity and cultural understanding, which are both highly valued by employers. The core competencies gained from these programs offer a perfect blend of both accountancy and liberal topics.
Liberal arts-based degree programs emphasize creative problem solving and innovative solutions. Most people stereotype accountancy as being rigid and monotonous, but accountancy is actually a vibrant business field that depends on new ideas and creative thinking. When employers interview accountants, they want individuals who will apply their skills and knowledge to challenge traditions, streamline processes and increase quality. Process efficiency and improvements cannot occur without open-minded graduates who are passionate about change. Accountants with creative outlooks and fresh perspectives will promote accountancy accuracy, accountability and transparency.
Preparation for Graduate School
who want to remain competitive and marketable will most likely pursue a Master’s degree. These students will benefit from an undergraduate liberal arts-based education in many ways. The skills students learn will prepare them for advanced areas of study and help them excel at learning diverse fields of studies. Many accountants who obtain Master’s degrees will eventually become leaders and supervisors. These individuals will be benefit from having studied both a broad core curriculum and liberal arts classes.
Accounting students should not be discouraged by negative attitudes towards liberal arts degrees, but take full advantage of the accompanying benefits that employers value and appreciate.