Meta Description: There are many ways to make money and build the money tree we have always wanted. The study of Accountancy Business Management is the most effective management system.
Saying why we preferred the academic path we have chosen can be a very hard question sometimes. The same applies to people who have chosen accountancy and business management as a course of study. Not just the Accountancy, Business Management, or Accountancy Business Management students, it cuts across every student making one career choice or the other.
According to a survey reported by Business Wire, 51% of students applying to further their education are still not sure about the best career path to follow when they get to college. It was also once reported that nearly two-thirds of students have anxiety during the process of choosing a major. In yet another survey, 68% of Gen Z, or 63% of people born in the new Millennials are said to feel the most heat when it’s time to choose a course of study.
We can go on-and-on about why you may not get a direct response to the question on the topic. But we will try giving you a near-general response nevertheless. Read on.
3 Reasons Why People Choose Accountancy Business Management
There are four main reasons people consider Accountancy Business Management as their primary course of study. They include:
1. Sheer Preference
Most students are into this course because they have weighed every other option and find it most suitable. This set of people is usually inclined with accounting temperaments and has no problem with calculation or analytical problem-solving. These set of people are naturally designed to do this hence, it’s their most preferred.
2. Environmental Factors
Most times, we are compelled to go by what our environment demands of us. Not necessarily what we’d wanted, but the odds always favour us when we stick to those options. It can be a social environment, political environment, or even economic environment.A typical example of this can be seen in the employability of accountancy and business management graduates in most countries.
This can be seen in countries like Switzerland, Australia, the United Kingdom, the United States, Luxembourg, Norway, and Canada where accountants are in high demand, and paid an average of $150,000 monthly. When you find yourself in such an environment, you may be tempted to go for accountancy and business management courses, even when it is not your first choice.
3. Peer Pressure
In a survey published on African Journals Online by T. Ogunleye, 75.0% of students studying different courses in the university revealed that their current course of study was influenced by either their friends or family. So, this factor heavily contributes to why people choose accountancy business management as their primary course of study in schools.
Final Thought
Organisations like the California board of accountancy sometimes take up the task of sensitising new prospects on how this works. Students should also take a step further to satisfy their curiosity by carrying out personal research to understand all about accountancy business and management, and how it works in their geography.
For most prospects, it is highly recommended that you consult appropriate professional accounting authorities in your country for more enquiries on how the profession works as a career in your country. If you are anywhere in Africa, we’d recommend the Tanzania institute of accountancy. And you might as well normalize reading the journal of accountancy in your country for updates on their operations.
