I still have family friends ask me about my career path with a response similar to this: “Accounting, huh? That seems…interesting.” It is hard for people to try and act excited about my college path, especially when they still think of my generation as the technological savvy, entrepreneurial, adventurous type. However, I think a lot of individuals confuse Millennials with Generation Z; furthermore, there are actually a lot of Gen Z’ers that are interested in fields like accounting. Here is a list of reasons why I, as a fellow Gen Z’er, chose accounting:
“Accountants are boring.” Some of my friends continue to joke with me about this idea, but I laugh it off! I think a lot of non-accounting majors do not understand the vast routes you can take. For instance, by the time I graduate, I will have engaged in three internships—all of them will be based on accounting but are completely different at the same time. My first internship was in corporate accounting for a private company in an office-like environment. My second internship will be in internal audit with a lead producing company. I will be able to visit multiple facilities in France, California and New York and assist with conducting audits. Finally, my third internship will be in external audit with a Big Four firm. This will allow me to engage with different clients and review their financial records and documents.
And it doesn’t just end there. There are SO many other different pathways to take in an accounting career, and each one will help you develop a new skill set. Accounting is great for the indecisive but also for those who want to work the same job until retirement.
Stability and Growth
I am personally not a huge risk-taker. In fact, I have already started a Roth IRA to save up for my retirement because I like having a cushion to fall back on. With an accounting career (especially public accounting) I can feel safe knowing that I probably won’t be laid off any time soon. Also, a public accounting career provides almost guaranteed promotions after a certain timeframe. “Hmm, I wonder if I will ever get promoted to senior associate?” is not a question new auditors typically have to worry about. It certainly takes a heavy weight off my shoulders!
Accounting is not Always Forever
But what if you end up hating accounting? This is a question I receive a LOT, and here’s my take on it:
As I mentioned earlier, there are different routes to take, so I could always try a different accounting sector. Even then, if I still did not enjoy my career, I am not forced to stay in accounting just because that is what my degree is in. I know many individuals who have switched from accounting to marketing or human resources and are currently executives at a company. Accounting provides such a strong foundation that is integral in all parts of a business and can allow you to branch out to new departments. That’s why I personally think accounting is a strong degree to pick for undecisive business majors.
I’ll be honest, accounting is typically not the first major that comes to a student’s mind in terms of studies (it may be a last choice for some, in fact). However, the benefits, learning experience and ability to grow, and even travel, are just a few of the factors that attract Generation Z’ers to this field. I think accounting is a hidden gem that not many young students think about, so I consider myself lucky to have discovered it so early!