Is accounting becoming oversaturated?

<p>I've heard that accounting and a few other fields are becoming oversaturated and future graduates won't be able to find a job upon completion of their degrees</p>

<p>I’d be curious where you heard that… </p>

<p>Historically, accounting is one of the most recession proof areas for entry level jobs. This is primarily due to the high volume hiring needs of the Big 4 and national accounting firms. Throw in the needs of the mid-sized firms and large corporate internal audit departments and you can see how there is a constant need for new blood at the entry level.</p>

<p>Now, this does not mean that in a extremely poor economy that a big accounting firm or company may not cut back on the number of new hires, but there will be hiring every year.</p>

<p>What can you do to make sure you get a good job regardless of the economy? Study hard so you get good grades - most firms have a minimum GPA! At most schools on campus interviews, you can’t even signup without meeting a minimum GPA. Also, don’t forget to enhance and develop your interpersonal skills! Firms and companies want people who present themselves in a professional manner and can carry on a conversation! Remember, the recruiters are looking for the future partners and senior managers of the firm. While they of course do not expect a new graduate to be as skilled as a senior partner, you need to show them you have the potential to grow into that position.</p>

<p>As far as I am aware accounting demand is said to increase through 2022, accountants are needed in and out of a recession. Don’t sweat it if you want to major in accounting go for it there are plenty of jobs out there believe me.</p>

<p>You can’t predict the future.</p>

<p>Personally, I think colleges in general are becoming oversaturated because you have the media and liberals continuing to push that the “way to success” is to get a college degree and NO employer will hire you without one. </p>

<p>The big marketing push has gone from you will make one million dollars more over a lifetime with the degree, to you will make $500,000 more over a lifetime, to now you will only make $250,000 more lol. Seeing as though everybody wants to be “rich”, everybody believes that getting a degree is their ticket to “the American Dream”. </p>

<p>This is another government created bubble that’s ready to POP, because the truth of the matter as I have stated before on these forums, is that a degree in and of itself is useless without a career plan that also includes the needed experience, network, reference and performance results to get into the good paying positions. For some reason the media and the government only highlighted “bachelor’s degree” on many job descriptions of decent paying positions, but totally avoided the other criterion which included the work experience and networking aspects noted.</p>

<p>One more thing, is accounting as miserable a field as some imply? Or is that just more negativity from the internet?</p>

<p>There are jobs in accounting that can be miserable just like many other professions. It depends entirely on the part of accounting you’re talking about and the firm.</p>

<p>FYI - An accountant ranks No. 3 in terms of best business jobs and No. 39 in overall jobs, according to this 2014 ranking by U.S. News & World Report. A 13.1% growth is projected for accountants between 2012 and 2022, according to the Bureau of Labor Statistics.</p>

<p><a href=“http://money.usnews.com/careers/best-jobs/accountant”>http://money.usnews.com/careers/best-jobs/accountant&lt;/a&gt;&lt;/p&gt;

<p>Accountancy is in high demand because it is so versatile. My dad was an accountant who later on in life got a Wharton MBA and now makes a killing. He left a big 4, like many others, and new jobs are opening. </p>