To What Extent Does an Accounting or Business Degree Equip Graduates with the Knowledge and Skills Required by Prospective Employers
Research Report
To what extent does an accounting or business degree equip graduates with the knowledge and skills required by prospective employers in the current climate
Section 1
Today’s students leaving university with a degree, would like to think that the university has equipped them with the correct knowledge and skills required by the employer, but is this the case? Here we will look at the extent to which this has been achieved, by evaluating the knowledge and skills acquired from gaining an accounting degree, comparing the skills and knowledge required by prospective employers in today’s current business climate, and looking at how the employers recruit on the bases of the degree classification and employability skills.
Section 2
According to AccountancyAge (1), business climate has slightly improved since the crash of the economy in 2008-2009, but it is said that there is still a lack of confidence among consumers and corporate businesses. Three years after the start of the recession we are still bumping along the bottom of a global crisis. There is speculation according to the Guardian paper(2011), that it will take another four years before the economy gets back to it pre recession status. So times are harder this now. Fewer jobs are available, cuts in public sector, and cuts in private sectors, salaries frozen and household expenses increasing year by year, and less graduate jobs available with more graduates applying each year for university places. At the beginning of May this year there was a 14% rise in applications to university degree courses making out there was over 640 000 applications. It has been mentioned that in the year 2020, 4 out of 10 people will have a degree, meaning the degree will not represent what it originally stood for which was academic excellence, and allowing individual to stand out from the crowd. So even though the degree is still regarded by employers as a essential tool to evaluate students when
To what extent does an accounting or business degree equip graduates with the knowledge and skills required by prospective employers in the current climate
Section 1
Today’s students leaving university with a degree, would like to think that the university has equipped them with the correct knowledge and skills required by the employer, but is this the case? Here we will look at the extent to which this has been achieved, by evaluating the knowledge and skills acquired from gaining an accounting degree, comparing the skills and knowledge required by prospective employers in today’s current business climate, and looking at how the employers recruit on the bases of the degree classification and employability skills.
Section 2
According to AccountancyAge (1), business climate has slightly improved since the crash of the economy in 2008-2009, but it is said that there is still a lack of confidence among consumers and corporate businesses. Three years after the start of the recession we are still bumping along the bottom of a global crisis. There is speculation according to the Guardian paper(2011), that it will take another four years before the economy gets back to it pre recession status. So times are harder this now. Fewer jobs are available, cuts in public sector, and cuts in private sectors, salaries frozen and household expenses increasing year by year, and less graduate jobs available with more graduates applying each year for university places. At the beginning of May this year there was a 14% rise in applications to university degree courses making out there was over 640 000 applications. It has been mentioned that in the year 2020, 4 out of 10 people will have a degree, meaning the degree will not represent what it originally stood for which was academic excellence, and allowing individual to stand out from the crowd. So even though the degree is still regarded by employers as a essential tool to evaluate students when