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 Picking a major - Accounting, Picking a major

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xxQue_Sera_Seraxx
post Dec 31 2023, 10:02 AM

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QUOTE(Flatbread @ Dec 26 2023, 06:25 AM)
Hello,

Picking a major to start my degree.
Is Accounting still a safe career choice?

On JobStreet, listings for Accounting graduates is high in number.
On the other hand, many individuals claim AI will replace a significant number of accountants.
Private universities appear to actively advertising accounting. I assumed there are too many accounting graduates thus creating a supply-demand imbalance?
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Yes it is a safe career choice where a Bachelor of Accounting could lead you up to being accountant, financial planning and analyst, auditor, taxation specialist, consultants, business analysts, and many more.

AI replacing accountants? Won't be replacing but easing the process of data entry or bookkeeping or repetitive tasks. At the moment there is AI tech being integrated into the work but personally for me Accountants are still needed.

Private universities are advertising as there is decline of graduates in the Accountancy path. You could search up about declining of Accountants in Malaysia and even globally due to various reasons like long work hours, stressed environment and notoriously "toxic" environment.

Some might argue that going for Bachelor Degree of Accountancy is waste of time and longer hours compare to ACCA path route but ACCA path route students where from what I had observed are struggling in few aspects as they do not have assignments, projects management and subjects module that cater for reality of work. Purely my opinion and my observation from the industry.

 

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