Strategic Management in Accounting Program Leads to a Variety of Positions
For those who have attended strategic
management programs, such as the one offered by Centennial College, the
career possibilities include a variety of options, including: accounting
supervisor, accounting manager, assistant controller, controller and
business analyst. In addition to the career options are a number of
setting options that professionals can choose from depending on their
interests — such as financial institutions, government offices, public
accounting firms, manufacturing industries, service industries, and
small business. Strategic management programs
graduates also have the ability to operate through self-employment.
Despite the different titles and duties, there are some commonalities
among all professionals in strategic management. For example, they all
must be able to provide advice on financial decisions, prepare and
maintain financial reports, keep financial records up-to-date, train and
manage new accountants, perform daily banking requirements, and more.
Attending
Centennial College gives students the cutting-edge for a variety of
reasons. During the short, intensive time they spend in the strategic management in accounting
program, students: cover all the key areas of management; use case
studies and simulations; gain experience in leading-edge managerial and
leadership practices of the best companies in the world; have hands-on
exposure to the latest technology applications in the area of management
information systems, including ERP systems; and more. In addition, a
team of professors with strong academic backgrounds and extensive
business and management experience delivers the undertaking.
Through
the strategic management program, participants gain a perspective on
the organizational techniques required for the effective execution of
strategic decisions, and the critical role that managerial leadership
plays in the viability and growth of the business. Students will
continue to learn and deepen their understanding in the areas of
financial accounting, management accounting, taxation and auditing.
Specific courses covered in the one-year program include: Advanced
Managerial Accounting (topics include relevant costing, capital
budgeting, transfer pricing, balanced scorecard, inventory management,
variance and profitability, analysis, performance measurement and
compensation, and more); Accounting Theory and Policy (practical and
theoretical problems of the present value model, foreign exchange
accounting, the process and issues related to standard setting, agency
theory and other topics relevant to current events are discussed);
Advanced Financial Management (emphasizes consolidations, foreign
currency transactions and operations, and non for profit and government
organizations); and more.
Please note that this program is
designed for students who have already taken an undergrad program. Those
who are interested in applying must submit an official transcript
demonstrating proof of successful completion of a post-secondary
advanced diploma or degree in an accounting discipline. However, if
applicants have a combination of partial post-secondary education and
relevant work experience, they may also be considered. Other
non-academic requirements include: an interview, transcript and resumé
review as well as an English and/or math skills assessment. English
proficiency will also be considered.
When students graduate from
the strategic management program, they have a variety of options.
First, they can go on to obtain an MBA, pursuant to the articulation
agreement negotiated by the School of Business with other institutions.
In addition, students can apply to CGA-Ontario, and depending on their
academic background, may receive up to 4 levels of CGA transfer credits.