Scholarships Still Exist For Accounting Majors

With our country’s current economic crisis, students are finding that scholarships are more and more difficult to come by. A national accounting firm, however,  recently promised a large sum of money to facilitate scholarships for students who want to earn an accounting degree at the University of Alabama.

Current and former employees of Ernst & Young LLP have pledged to give more than $600,000 to the University of Alabama’s Culverhouse School of Accountancy.

The accounting firm’s five-year pledge was part of a university-wide capital campaign called “Our Students. Our Future.” which ended on June 30.

The pledged funds will support the school’s minority recruitment program, as well as provide continued aid for the firm’s scholarship program, which has provided scholarships to Culverhouse students for more than 30 years.

Many of the firm’s employees remain connected to the University of Alabama. Currently, more than 20 firm partners and principals graduated from the university.

Students who want to earn a degree in accounting will need to have a high aptitude for mathematics and organization.  Positions for auditors, bookkeepers, and accountants will grow faster than the national average for most other occupations. Substantial fluctuations in the economy will help create steady demand for those with extensive accounting training from accredited programs. Average earnings for accountants vary widely regarding the capacity in which they work, but the current national average is a little more than $55,000 annually.

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