A postgraduate program in strategic management in accounting prepares students for managerial level jobs in the areas of accounting and financial management. They gain necessary knowledge and skills required for building rewarding careers in this field in just one year.
Building careers in strategic management in accounting in canada
1. Building Careers in Strategic Management in Accounting in Canada
Strategic management accounting is more than just accounting and involves making strategic
financial decisions and executing them successfully, in order to manage risks, increase returns on
investments, improve current financial standing of the organization and explore additional revenue
sources. This type of accounting not only focuses on the internal factors but also considers
external factors that can affect company’s financial standing. Its ultimate aim is to increase the
profitability of a business while creating and maintaining its image among shareholders,
stockholders and general public.
Strategic Management in Accounting is a dedicated field that focuses on
• Managerial accounting
• Financial policies of a company
• Financial decision making
• Financial management
• Strategy development and execution
• Financial risk management
• Stakeholder management
• Auditing
• Value building
• Corporate Governance
It is a comprehensive field that covers all key areas of management and emphasizes more on
managerial and leadership practices than general administration. Accounting managers engaged in
strategic decision making play a critical role in the viability and growth of business.
Studying Strategic Management Accounting in Canada
Those who are looking to seek more advanced career opportunities in the field of accounting or
want to build careers in financial management may consider enrolling in a graduate certificate
strategic management – accounting program. It helps them gain knowledge and skills required to
build rewarding careers in this field.
The program graduates can seek employment in a large number of business settings, including
government offices, financial institutions, corporate houses, public accounting firms, service
industries, manufacturing firms and small businesses as business analysts, financial analysts,
assistant controllers, accounting supervisors, accounting managers or controllers. They can also
choose to be self-employed.
2. Program Content
The strategic management programs in accounting offer an in-depth understanding in the
areas of management accounting, financial accounting, strategy development, taxation and
auditing. The students study a wide range of finance and management related subjects, including
accounting theory and policy, information systems for business management, accounting for
managerial decision making, operations management for products and services, contemporary
organizational behaviour, values and ethics, stakeholder management, and crafting and executing
strategy.
Centennial College’s one-year postgraduate program in strategic management – accounting makes
extensive use of case studies and simulations, offers hands-on technology applications and places
strong focus on leading-edge management and leadership practices. It is delivered by professors
who possess strong business and management experience.
The program graduates can choose to either pursue their careers upon course completion or apply
their credit rewards towards further study. They can enrol in a degree program at the university.
This will prepare them for more advanced career opportunities in this field.
How to Apply for This Program?
Graduates in any discipline are eligible to apply for this program. They can send their applications
to the college along with a copy of three-year college diploma or four year university degree
certificate and proof of English proficiency. Candidates with partial post-secondary education can
also be considered for this program. But they need to have a college diploma or partial university
degree in accounting and must possess minimum two years of relevant experience.