Many areas within the business sector require professionals who are trained in strategic management in accounting. These sectors include: financial institutions, government offices, public accounting firms, manufacturing industries, service industries, and small business. In addition, these professionals can operate through self-employment.
However, before one can enter any of these sectors, he or she must attend a post-secondary institution and participate in an undertaking such as Centennial College’s Strategic Management program. Designed specifically for students who have already taken an undergrad program, this offering only takes two semesters to complete and results in a Graduate Certificate. Those who are interested in applying must submit an official transcript demonstrating proof of successful completion of a post-secondary advanced diploma or degree in an accounting discipline. However, if applicants have a combination of partial post-secondary education and relevant work experience, they may also be considered. Other non-academic requirements include: an interview, transcript and resum review as well as an English and/or math skills assessment. English proficiency will also be considered.
Through the strategic management program, participants gain a perspective on the organizational techniques required for the effective execution of strategic decisions, and the critical role that managerial leadership plays in the viability and growth of the business. Students will continue to learn and deepen your understanding in the areas of financial accounting, management accounting, taxation and auditing.
The above is facilitated through a combination of academic learning and practical practice. Courses within the strategic management in accounting training include: Ethics and Stakeholder Management, Crafting and Executing Strategy, Contemporary Organizational Behaviour, Advanced Auditing, Operational Management for Product and Services and much more. Within these courses, practical training – case studies, simulations, hands-on practice with the latest technology applications in the area of management information systems, including ERP systems – plays an important role.
When students graduate from the strategic management program, they have a variety of options. First, they can go on to obtain an MBA, pursuant to the articulation agreement negotiated by the School of Business with other institutions. In addition, students can apply to CGA-Ontario, and depending on their academic background, may receive up to 4 levels of CGA transfer credits. The other option is for students to enter the workforce. Job titles upon completion of a strategic management program include: assistant controller or controller, accounting manager, accounting supervisor or business analyst. Each job description consists of different duties. There are, however, common tasks such as providing advice on financial decisions, preparing and maintaining financial reports, keeping financial records up-to-date, training and managing new accountants, performing daily banking requirements, and more. No matter which route they choose, students of Centennial College’s strategic management programs must meet some important graduation requirements.