Accounting made #1 on a list (in Am City Bizjournals) of most desired grads. It's official, accounting is hurting more than every other sector when it comes to needing qualified, interested people.
Demand officially outweighs supply. Dare I say the future we've worried about is here.
Bizjournals are reporting:
The number of new college grads hired by the service sector is expected to increase by 19.8 percent this year, based on National Association of Colleges and Employers' [NACE--a human-resources organization] findings.
Hot employment fields for grads
Employers are on the lookout this year for graduates holding the following bachelor's degrees, according to the NACE survey. They are listed in order of anticipated demand:
2. Business administration and management
3. Computer science
4. Electrical engineering
5. Mechanical engineering
6. Information sciences and systems
7. Marketing and marketing management
8. Computer engineering
9. Civil engineering
10. Economics and finance
So, what can we do to make this profession more attractive? (to those in it as well as those thinking about it...)
We have people fleeing public accounting almost as fast as law (new lawyer defections are approx 85% in the first 5 years)--yet the law school pipelines are generating plenty more--not so with accountants.
And in accounting, we have people with 8, 9, 10 or more years of experience with ZERO desire to ever be owners in their firms.
Is it time to look at and try new ownership models?
(Some of us think the traditional partnership model is broken.)
What will it take to open firms' eyes to the fact that it is time to do something other than let this become the next generation's problem. Let's work on improving the posterity of this profession!