BS in Management Accounting in the Philippines

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Program Overview

The Bachelor of Science in Management Accounting is a four-year degree program that provides students with knowledge and skills in management. It includes discussions on the systems, procedures, and policies relevant to company management and decisions. The program also aims to produce globally competitive students who are capable of applying both accounting and management techniques.

Recommended Senior High School Strand

Students who want to pursue a degree in Management Accounting are encouraged to take the Accountancy, Business, and Management (ABM) strand. This strand provides the basic concepts of business and financial management, and corporate operations which will be helpful in their college journey.

Subjects and Curriculum

Fundamentals of Accounting
Principles of Organization & Management
Management of Accounting Synthesis
Quantitative Technical In Business
Law on Business Organizations
Advanced Financial Accounting & Reporting

Admission Requirements

Qualifications

The student must be a high school graduate. However, if they were not able to graduate high school, they may opt to take the Alternative Learning System (ALS) and pass the Philippine Educational Placement Test (PEPT) to qualify for college; the availability of courses for PEPT passers depend on the university.
The students must pass the College Admissions Test of the university.

Basic Requirements

Form 138 - High School Report Card (Original and Photocopy)
Recommendation letter from High school principal and guidance counselor
Most recent medical and dental health record
Copy of NSO Certified birth certificate
Certificate of Good moral character
Copy of honorable dismissal
Copy of high school diploma
(1) Latest 2”x2”ID Picture

Program Outcome

Graduates of BS in Management Accounting are expected to be able to:

Execute strategic management
Show quantitative problem-solving abilities
Use analytical abilities to solve accounting related problems
Interpersonal and Communication Skills
Knowledgeable of Business Fundamentals

On-The-Job Training/Internship

During the fourth year of the program, students are usually required to attend an On the Job Training (OJT) in relevant workplaces such as corporate and auditing companies.

Students are given the opportunity to apply their knowledge and skills in an actual work setting. Usually, universities require them to submit a written report on their tasks, learning experiences, and hours rendered. Their work performance will also be evaluated by their immediate managers and will be submitted to their respective OJT coordinator. The number of hours required may differ in each university.

Board Exam

To become a Certified Management Accountant (CMA), a graduate should have an active membership in the Institute of Certified Management Accountants (ICMA) then pass the first and second part of the CMA exam.

Career Opportunities

Graduates of BS in Management Accounting may pursue a career path in any corporate and auditing companies. They may apply as a management accounting staff, internal auditor, risk management officer, tax accounting staff, management trainee, credit investigators, financial analyst, budget analyst, credit analyst, and financial adviser.

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Reviews of BS in Management Accounting graduates:

R. J.

◈ Studied BS in Management Accounting
◈ At University of San Agustin
◈ Graduated 2010

Why did I choose Management Accounting: Actually I had my eye in owning and managing a business someday. In order for me to do that is logically a business course.

About my college education: Lot of stuff accounting, taxation, business law and management are only few of those. For the most difficult I would say the research, since you have to spend a lot of time in getting data and master your work in order for you not to shoot yourself in front of the panel. And on contrary it is also the most enjoyable since you have the chance to see the other side of life, and the sense of fulfillment after the defense it the best feeling ever. I did fail subjects twice and no excuse for that it is due to my irresponsible act.

Attitude and traits to succeed would be patience, average in numbers will do, sociable and creative yes that is right creativity is one of the main key.

My current job: I'm currently and Accounts Receivable personnel of a company in Alabang.
I do handle revenue report, ageing accounts and credit and collection.

Am I using what I learned in college: Taxation, excel and accounting are the things I still use in current job, but to be exact 70% of my major subject are applicable in regards to it's content.

How long did it take to find a job: Less than a month I guess, a bit of a luck from me.

Do I recommend studying Management Accounting: It depends. If you love to surround yourself with business like environment then I will recommend. But you hate numbers and business then you already know the answer.

If your aiming a big salaries, then I apologize but this is not the course for you. For a fresh graduate you can range 10-15 thousand, but in less than 5 years you can get 30 thousand. Reality in salaries for this course is far beyond the digit. It is your attitude that will drive you to success, why? because you could be a manager, director or VP for finance someday, the business lingo or terms will not be a problem or even own your own business. It is a matter of choice on what you want to be, your envision to yourself. It is also applicable to all the courses. Just remember in life learning is unlimited and on the things you want to be? dude sky is your limit.

Advice to people who are thinking of studying this course: In every thing you do, there must always be love, once you have learned to love this course everything will follow. I assure you that you are not required to be a genius in math or numbers. All you need is to appreciate the course and be proud of it, hesitations will not do you good. If you want a thing go and work for it.

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