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WMU > Haworth COB> Accountancy

Frequently Asked Questions

• Maps to Campus
• What is the average salary of an accountant?
• Where are accountants employed?
• Can I enroll in ACTY 3130, Accounting Information Systems, if I'm an accountancy minor?
• What are the advantages of completing an internship?
• Will the accountancy department find an internship for me?
• I am going to be interning at an accounting firm this coming semester, do I have to enroll in ACTY 4100?
• I interned at an accounting firm last semester, can I enroll in ACTY 4100 this semester and get credit?
• What are the eligibility requirements for Beta Alpha Psi membership? How can I become involved?
• What requirements must be met to be considered for admission into a undergraduate program?
• What requirements must be met to be considered for admission into a graduate program?

Q. What is the average salary of an accountant?

A. Average salaries can differ greatly depending on your education and where you're employed and those with graduate degrees or professional certification can expect to start 10 to 15% higher than those with undergraduate degrees.
To request a free 2006 salary guide, go to http://www.accountemps.com/FreeResources

Q. Where are accountants employed?

A. According to the U.S. Department of Labor, accountants and auditors held about 976,000 jobs in 2000. They worked throughout private industry and government, but almost 1 out of 4 salaried accountants worked for accounting, auditing, and bookkeeping firms. Approximately 3 out of 25 accountants or auditors were self-employed.

Many accountants and auditors are unlicensed management accountants, internal auditors, or government accountants and auditors; however, a large number are licensed Certified Public Accountants. Most accountants and auditors work in urban areas, where public accounting firms and central or regional offices of businesses are concentrated.

Some individuals with backgrounds in accounting and auditing are full-time college and university faculty; others teach part time while working as self-employed accountants or as salaried accountants for private industry or government.

Q. Can I enroll in ACTY 3130, Accounting Information Systems, if I'm an accountancy minor?

A. Yes, but only with the permission of your advisor.

Q. What are the advantages of completing an internship?

A. Completion of an internship will almost certainly enhance your employment opportunities following graduation. Intern employers frequently make offers to their interns upon graduation.

Q. Will the accountancy department find an internship for me?

A. It is your responsibility to locate an internship. Be up to date by visiting BroncoJOBS at http://www.broncojobs.wmich.edu/

Q. I am going to be interning at an accounting firm this coming semester, do I have to enroll in ACTY 4100?

A. This is your choice, however you must decide before beginning your internship. Students will not be allowed to enroll in ACTY 4100 after the internship begins.

Q. I interned at an accounting firm last semester, can I enroll in ACTY 4100 this semester and get credit?

A. Unfortunately not. Students must be enrolled in ACTY 4100 while meeting the requirements of the course.

Q. What are the eligibility requirements for Beta Alpha Psi membership? How can I become involved?

A. The requirements necessary for acceptance into Beta Alpha Psi are listed below. If you'd like to learn more about Beta Alpha Psi or be considered for membership, indicate your desire by completing an application. Applications can be picked up in the Department of Accountancy.

Undergraduate Requirements

Accounting Major or Minor
- Completed 6 hours of Accounting (ACTY 2100& 2110)
- GPA of 3.0 or better overall or GPA of 3.25 or better in last 30 hours completed
- Attain an average of 3.0 or better in upper level Accounting courses
- Attend all meetings/events
- Serve on a committee

Graduate Requirements

- Accepted into the MSA program
- Attend all meetings/events
- Serve on a committee

Q. What requirements must be met to be considered for admission into a graduate program
(i.e. prerequisites, GPA and GRE scores)?

A. See MSA or MBA requirements. Admission requirements do vary between the two programs.

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