Can Accounting Programs at Smaller Universities Survive?

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Author(s): Cynthia Scarinci (CUNY College of Staten Island, USA)and Mark Martinelli (Synchrony Bank, USA)
Copyright: 2023
Pages: 17
Source title: The Past, Present, and Future of Accountancy Education and Professions
Source Author(s)/Editor(s): Nina T. Dorata (St. John's University, USA), Richard C. Jones (Hofstra University, USA), Jennifer Mensche (St. Joseph's University, USA)and Mark M. Ulrich (CUNY Queensborough Community College, USA)
DOI: 10.4018/978-1-6684-5483-1.ch011

Keywords: Accounting & Finance / Business & Management / Business Education / Business Science Reference

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Abstract

The accounting profession has undergone a major transformation, and while the academic community does its best to educate students and provide them with the core competencies required to ultimately achieve success in the profession, the traditional “tool kit” is in need of updating. The speed of change and the ever-increasing demands of business have further widened the expectations gap on newly graduated students' skills and on the universities that are preparing them for their careers. Larger universities have successfully addressed this issue by partnering with public accounting firms. While these collaborations have proven to be very effective for the students at larger and more established universities, smaller programs without such access are at a disadvantage. The road ahead for smaller accounting programs is going to be a challenging one, but creativity and outreach are the keys.

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