Do you like working with both people and numbers? If so, accounting might be the career path for you. This popular major stresses communication and critical thinking skills while also teaching the art and science of number crunching. Also popular are accounting scholarships. Continue reading to find out more.
Accounting degree programs come in a variety of shapes and sizes. Some programs stress applied knowledge while others favor theory-based instruction. Some programs are stand-alone 4-year bachelor's programs while others are 5-year combined bachelor and master's. Some programs feature an internship as a degree requirement while others do not. Be aware of your educational and vocational goals and make sure they match the educational outcomes of the program in question.
Typical courses you'll enroll in as an accounting major include taxation, financial statement analysis, auditing and information systems. Of course, also included will be beginning, intermediate and advanced accounting. If your program requires an internship you'll work as an accounting assistant in an actual business setting while receiving course credit. In addition to the core accounting courses you will also enroll in a number of liberal arts and humanities electives.
The majority of undergraduate accounting degree programs are designed to provide a generalized accounting education. If you want to specialize you'll have to wait to get to the graduate level. However, there are a small number of bachelor's programs with specific emphasis such as auditing or information systems. At the graduate level, the most popular degree program is the Master's of Business Administration in Accounting (MBA). Other graduate degree areas of concentration include cost accounting, forensic accounting and managerial accounting.
The career outlook for accountants is quite strong. Career options will be most robust for those with Certified Public Accountant (CPA) certification. Degree candidate interested in pursuing CPA status will need to complete 150 credit hours of course work. If becoming a CPA is part of your vocational goals, you'll probably want to select a combined bachelor's and master's degree program. The more traditional 4-year programs will not provide you with the academic stats you'll need to pursue certification.
Continue reading below to explore the many accounting scholarship possibilities.
Who is eligible to apply?
Applicants must meet all of the following criteria to be eligible for this scholarship:
Undergraduates enrolled part-time* or full-time in accounting at an accredited two-year or four-year college
or university in the United States (*Applicants from Arizona must carry a minimum of 9 credit hours.)
o Students in an accredited two-year college may apply following first semester grades or during their second year if transferring to a four-year institution, provided they are committed to a major in accounting throughout the remainder of
their college career, or
o Students in an accredited four-year college may apply for the scholarship for their second, third, or fourth year of studies, provided they are committed to a major in accounting throughout the remainder of their college career.
Majoring in accounting.
Maintaining a “B” (3.0 on a 4.0 scale) or better grade point average.
A United States or Canadian citizen. (Permanent residents are NOT eligible to apply with the exception of applicants
from Arizona. Legal residents from Arizona may apply.)
High School Seniors OR students not yet enrolled in an undergraduate accounting program are NOT eligible to
receive NSA Scholarship Foundation Awards.
No exceptions will be made.
The scholarship provides a $500 scholarship to an accounting major who has completed Accounting 372 and has a 3.5 minimum GPA.
Criteria: * Must be Philippine American * Must be an accounting major * Must have a cummulative and accounting GPA of 3.5 or higher * Undergraduate and graduate students are eligible * Must have junior class standing or higher, having completed at least 12 accounting units * Must be enrolled full time Special Notes: * This organization will award five scholarships, ranging in amount from $300 to $5,000
For two and four year colleges/universities. Minority scholarships sponsored by the Society and administered by the AICPA. Scholarships are also available through the society's chapters.
Scholarship Value: Up to $10,000Classifications: Undergraduate SophomoreMinimum GPA: 3.0Eligible Majors: Business, Finance, Accounting, Psychology, Electrical Engineering, Industrial Engineering, Mechanical Engineering, Industrial DistributionEligible Schools: University of Wisconsin, Florida A&M, Ohio State University, North Carolina A&T, University of Michigan, Purdue University, Georgia Tech, Cleveland State University, California Polytechnic State University - San Luis Obispo, California State Polytechnic University - Pomona, Carnegie Mellon University, Case Western Reserve University, Marquette University, Milwaukee School of EngineeringEligible Locations: Open Scholarship Detail:Rockwell Automation?'s focus is on solutions that help industries meet productivity objectives and is poised to become the most valued global leader of power, control and information solutions. The company brings together leading brands in industrial automation, including Dodge? mechanical power transmission products, Reliance Electric? motors and drives, Allen-Bradley? controls and engineered services and Rockwell Software? factory management software. Rockwell is seeking sophomores in the specified undergraduate degree programs. Applicants must complete and return the downloadable .pdf application and an official transcript, faculty recommendation, and resume to Rockwell/UNCF Corporate Scholars Program, P.O. Box 1435, Alexandria, VA 22313-9998.
AICPA and Accountemps offer the AICPA/Accountemps Student Scholarship to provide financial assistance to outstanding accounting students who demonstrate potential to become leaders in the CPA profession.
Award Amount: Recipients receive $2,500 for one year. Payments are sent directly to the school for credit to the account of the student. This scholarship is a non-renewable award.
Selection Process: A scholarship selection task force will review all qualified applications and select up to ten scholarship recipients based on academic achievement, leadership and future career interests in accounting. All applicants will be notified by email of the final selection by August 1.
Number of Recipients: Up to 10 students per academic year
Requirements: An eligible student must be/have:
a full-time undergraduate or graduate-level accounting student
completed at least 30 semester hours (or equivalent) of college coursework, including at least 6 semester hours (or equivalent) in accounting
a major and overall GPA of 3.0
Criteria: 1. Must be a declared accounting major. 2. Must have a 3.3 GPA. 3. Must be either African-American, Native American/Alaskan Native, Pacific Islander or Hispanic. 4. Must have completed at least 30 semester hours including 6 semester hours in accounting. 5. Must be a full-time undergraduate student. Contact Information: Students interested in applying for this scholarship should view http://www.aicpa.org/members/div/career/mini/smas.htm for more information and an application form.
The Stanley H. Stearman Award is given annually to a relative of an NSA Active or Retired (living or deceased) member attending college and majoring in accounting. The recipient of this award receives a stipend in the amount of $2,000 per year, not to exceed a three-year period.
For college accounting students (juniors and seniors). Amount: Two universities award three scholarships; one for $1,500 and two for $750/each per semester. Three community colleges award three scholarships; one for $600 and two for $300/each per year. Requirements: Universities/colleges make the selections within the accounting student criteria.
Eligibility RequirementsTo be eligible for an NBEA scholarship, an applicant must: * Be enrolled in a college or university post-baccalaureate or graduate-level program and submit proof of enrollment; * Be enrolled in a business education program and/or other related areas in business; * Submit proof of completion of at least two graduate courses (six semester hours); * Submit a one-page letter describing (a) past contributions to the field of business education, (b) plans to utilize the degree in the future, (c) two or three significant issues in business education, and (d) why the applicant should be the recipient of the award; * Submit a current resume; * Submit two letters of recommendation attesting to the scholarship/leadership potential of the applicant; * Be currently teaching and plan to continue to teach, or plan to teach upon completion of the program, in the field of business education; * Be a current member of NBEA at the time of application.
Scholarship Type: Current College Student Scholarship Amount: *One renewal only Residency Requirements: Missouri or contiguous state School Requirements: College in Missouri or a contiguous state Eligibility Requirements: 1. Student in third, fourth or fifth year of school 2. Applicant enrolled in no less than 12 credit hours 3. Applicant employed while attending college 4. College GPA of a 3.0 5. Demonstrate financial need by providing FAFSA Student Aid Report (SAR), if not available submit FAFSA-EFC 6. Business majors considered; preference to accounting majors Other Requirements: Renewal eligibility: 3.0 GPA Continued employment preferred *AMOUNT: One scholarship renewal only; no new scholarship.
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