Employment Prospects Of Accounting Education Students

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Abstract

The study is based on employment prospect of accounting education students in Enugu metropolis. The objective of the study was to identify possible employment prospect of accounting education students. Questionnaires was designed and used to collect data from sample of 150 accounting education students, sample from the light institution in Enugu metropolis. In addition, the questionnaire also asked for information related to skill possessed by student of accounting education programme to the job market needs. In the light of the findings of this study, the researchers came to inclusion that student of accounting education have a versatile area for in which their course of the study prepared them to fit in. The researchers also ascertain whether the skills processed by accounting education students are relevant to effective performance on the job. The findings lead to a conclusion that the employment prospect exist in both account and other office related jobs and even in government agencies.

Chapter One

Introduction

1.1 Background of the Study

Accounting education is a very interesting course and accountants are well placed in the society. However there is a lot of understanding of this study. It is very necessary for us to start this study by defining what accounting is:

Definition of Accounting

Accounting has been defined as the process of identifying, measuring and communicating economic information to permit informed judgement and decision by use of information. Accounting education as a profession has a background or history just like every other professional which prepare the zeal of individual group of individual to pursuit the profession. And most of the higher institution in Nigeria offer degree courses in accountancy and number of accounting books published in the profession increase. All these contributed to the zeal of individual to embrace the professional that is a self employed after graduation.

Accounting Education

In accounting education before there was a few qualified teachers in secondary schools that teach accounting and these lead to poor output in the field of accounting education. The formulation of new policy on education (NPE) when the critical types of education was emphasized was technical colleges, commercial schools and colleges of technology, polytechnics and some comprehensive schools that interest in technical course as account.

But in the new national policy on education (1998) vocational subjects to which accounting bellows are designed cater for difference in talents to create opportunity and roles to students equip students to live effectively in our modern age of science and be self employed both in schools and in later life. The prospect of accounting course and more reasons why people do it is that an individual who did this course can find him/her self job in many firms and organization. There are so many areas wheel accounting education students can find jobs and they are equal employed prospect with every other department under faculty of management of science such as accountancy, public administration, business administration, marketing and barking and finance etc. but accounting education student have an edge over the student of the above mentioned because they are more exposed in all the subject.

The problem of accounting education are the emphasized and neglect of the course content of accounting education and lack of on recognize by the members of the public. It is a big problem that accounting education students suffers, because they are only seen as less intelligent people. Unemployment in the labour market today also contributed to the problem of employment prospect of accounting education student and inability of government to provide employment prospects for student after graduation.

The problem facing accounting education students is that society have a negative attitude towards the course some people seen as only the course involved teaching and no vacancy available for the students of accounting education and some accounting education student have directed their attention to other fields just because they think that there is no employment prospect after graduation. That is the reason that motivated me to study this topic, because we hope the findings will provide awareness for the students of accounting education. There are so many places where the employment prospects are available for the accounting education students.

Accounting education student have equal employment prospect with students of other department under faculty of management science. Accounting education students have chances to work as civil servant, private sector and ministry of finance or ministry of education and in all the financial institution in Enugu. They can also teach in primary, secondary and polytechnics.

1.2 Statement of the Problem

The emphasis and neglect of the course content of accounting education contributed to the problem of employment prospect of accounting education students. The increases in unemployment in the labour market have reduced the hope of prospective accounting education students. This is due to inability of government to use available resources to build industries for the development of the country to encourage job creation some of accounting education students have directed their attention to other fields, just because they think there is no employment prospects after graduation. Therefore, there is need to analyzed the employment prospects of the accounting education students in Enugu metropolis.

1.3 Purpose of the Study

The purpose of this study is to examine employment prospects of accounting education student in Enugu metropolis. Specifically the purposes include:

  1. To determine areas of job prospects for accounting education student in Enugu metropolis.
  2. To determine the extent to which the skills possessed by accounting education are relevant to effective performance in the job.
  3. To determine the employment problems of accounting education students.
  4. To make valid recommendation based on the findings.

1.4 Research Questions

  1. What are the areas of job prospects for accounting education student in Enugu metropolis?
  2. What is the extent to which the skills possessed by accounting education are relevant to effective performance in the job?
  3. What are the employment problems of accounting education students?
  4. What are the valid recommendation based on the findings?

1.5 Research Hypotheses

H0: Accounting education student do not have employment prospect in Enugu Metropolis.

Ha: Accounting education student have employment prospect in Enugu Metropolis

1.6 Significance of the Study

The findings of the study will be significant to students in accounting education department, ministry of education as it will reveal the various challenges brought lecturers and students go through in other to have quality accounting education so as to get quality employment in the corporate world.

The findings of the study will be significant to the academic community as it will contribute to the existing literature.

1.7 Scope of the Study

The study focuses on employment prospects of accounting education students in enugu metropolis. Hence, the study will determine areas of job prospects for accounting education student in Enugu metropolis, determine the extent to which the skills possessed by accounting education are relevant to effective performance in the job, determine the employment problems of accounting education students and make valid recommendation based on the findings

1.8 Limitations of the Study

Like in every human endeavour, the researchers encountered slight constraints while carrying out the study. Insufficient funds tend to impede the efficiency of the researcher in sourcing for the relevant materials, literature, or information and in the process of data collection (internet, questionnaire, and interview), which is why the researcher resorted to a moderate choice of sample size. More so, the researcher will simultaneously engage in this study with other academic work. As a result, the amount of time spent on research will be reduced.

1.9 Definition of Terms

Employment Prospect:

A person’s potential ability to apply for a get a particular job

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