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BS in Management Accounting in the Philippines

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  1. Read about the BS in Management Accounting course:
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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.

Find schools offering BS in Management Accounting:

Reviews of BS in Management Accounting graduates:

C. B.
◈ Studied Bs in Management Accounting
◈ At John Paul II College of Davao
◈ Graduated 2009

list bulletWhy did I choose Management Accounting: I preferred this course because it’s a good investment that I really think has great value for my future as in the later years of my career, I am planning to put up my own business which can be a restaurant or selling some highly sought product or service.

list bulletAbout my college education: Accounting Management is very in demand by business establishments. It is simply not just accounting as it applies accounting in a subjective manner from the business owner’s or manager’s perspective. I learned very important concepts on costs and it's classification or types and how crucial it's role is in providing useful financial information for the business or enterprise. I also learned that in order to be effective in accounting, you have to be very meticulous about almost everything that concerns the use and allocation of resources. I had difficulty in making a feasibility study. For me it was the biggest challenge of getting this course. Some of my classmates didn’t do good with the exams, the reason may be because they didn’t take the subjects seriously and only relied on class discussions without the initiative to study in advance. For me it was actually a very interesting course. I enjoyed almost of the subjects we took because these gave me more practical knowledge and made me feel more confident with my abilities.

list bulletMy current job: I am now a sales promo assistant in a big store in a mall here in Davao City.
It is my role to market the products to increase the sales of the store for profit-making. This requires me to know the products and devise different interesting ways to promote them to the customers.

list bulletAm I using what I learned in college: The subject on computer technology was practical for employment purposes. Making the feasibility study was also a practical exercise, in making the feasibility study, I was able to reconcile all my learning with it's application in real life. The feasibility study, which I think is a core aspect in mastering management accounting, prepared me for what’s really important in business-proposal making once I enter employment.

Additionally, the subjects related to customer relations and office work helped me in my current job like customer relations, courtesy, the “customer is always right”, being honest, and so forth.

list bulletHow long did it take to find a job: I got my first job 1 month after I graduated.

list bulletDo I recommend studying Management Accounting: In terms of employment, graduating from this course, you can easily be hired because it has a better understanding of a business through accounting and management principles and practices. People who graduate from Management Accounting can attain a managerial position so you can expect a high salary grade if you get assigned to a similar position. But of course, as accounting is the core in every business, knowing that you can participate in the management of the business can be a very purposeful role that you might find fulfilling.

list bulletAdvice to people who are thinking of studying this course: While studying, I always carried the motto: “Try and try until you succeed”. To be honest, I wasn't very sure in the beginning if I could finish the course on time, but with this motto stuck in my mind, I guess there was no way I could've failed. Thus I was able to succeed.

For students who are considering this course, I advise you to always take the initiative to study in advance. Why? It's because the teacher won't always have to catch up with what you already know, or what you still don't know. The teacher will just oftentimes give you situations where you can apply the concepts, but thoroughly understanding the concepts will be your responsibility since each person has a different way of understanding things. Lastly, you need to practice. Hone your analytic skills with answering exercises and real-life problems so in the long run in tackling a more difficult topic, you already have a good foundation of the basics in accounting concepts.
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