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I want to become an accountant which university program should I take?

A photo of CatWarrior1995 CatWarrior1995
Last semester I had a guest speaker come in and he gave us books on "How to become one"

Then there was this chart and it said that the universites that are 51 credtited are the best...

Would this university be good for me to become a CA?:
http://www.electronicinfo.ca/en/program-details.php?pcode=0_190205_725_0

On the link above when they said...
"Is co-op available?

Practicum or internship option available"

What does Practicum mean?
Why are 51 credited univeristies the "best"?

I'm kind of confused why does it say Business Mangagment? Shouldn't it say Accounting?


Side Question: Which universites are the best if I live near Markham Ontario to become a CA accountant?



I'm currently in grade 11 so sorry if these questions are "dumb"


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A photo of w18 w18
Here's a list of the accredited programs that offer the required 51 credit hours: http://www.guidetorulingtheworld.ca/Become/AccreditedPrograms.aspx
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A photo of CatWarrior1995 CatWarrior1995

@w18 wrote
Here's a list of the accredited programs that offer the required 51 credit hours: http://www.guidetorulingtheworld.ca/Become/AccreditedPrograms.aspx


Why isn't Ryerson on the list?
It has a 51 credit hours?


Whats the point of taking this?
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A photo of w18 w18
If it's not on the list, I don't think it's accredited by the ICAO.

Since you live in Markham, I suggest you consider universities like UTSG Rotman, or Schulich. If you plan on going out of the city, Waterloo, Queen's, Ivey, and DeGroote are the best.
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A photo of CatWarrior1995 CatWarrior1995

@w18 wrote
If it's not on the list, I don't think it's accredited by the ICAO.

Since you live in Markham, I suggest you consider universities like UTSG Rotman, or Schulich. If you plan on going out of the city, Waterloo, Queen's, Ivey, and DeGroote are the best.


This is might be stupid but what does Rotman Commerce mean? If this an accounting program for CA's shouldn't the program be titled something related to accounting/business?
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A photo of w18 w18
Rotman Commerce is the program name. In the program, you can choose to specialize in three areas: Accounting, Finance, and Management. http://www.rotmancommerce.utoronto.ca/futurestudents/our-program/rotman-commerce-specialists
If you choose to specialize in Accountancy, this will allow you to fulfill the 51 credit-hour requirement.
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A photo of caveman caveman

@CatWarrior1995 wrote
Last semester I had a guest speaker come in and he gave us books on "How to become one"

Then there was this chart and it said that the universites that are 51 credtited are the best...

Would this university be good for me to become a CA?:
http://www.electronicinfo.ca/en/program-details.php?pcode=0_190205_725_0

On the link above when they said...
"Is co-op available?

Practicum or internship option available"

What does Practicum mean?
Why are 51 credited univeristies the "best"?

I'm kind of confused why does it say Business Mangagment? Shouldn't it say Accounting?


Side Question: Which universites are the best if I live near Markham Ontario to become a CA accountant?



I'm currently in grade 11 so sorry if these questions are "dumb"





To become a CA, you must meet requirements in 3 areas: education, examination proficiency, and work experience.

Education is satisfied by completing an undergraduate program, and you must complete courses that satisfy the 51 credit-hour requirements. These are just courses that give you the requisite knowledge (e.g. tax, auditing, etc.). They "credit hours" are based on the number of hours per week, and it's more of an older term universities used. Basically you'll need to complete roughly 17 courses I think it is, within your program.

There are 3 types of schools for accreditation:

1) Fully Accredited: Waterloo, Laurier, Brock BAcc, Queen's, Ivey, McMaster, Rotman, UTM, UTMM, and Schulich.

Fully accredited means that if you graduate from these programs after completing an accounting specialization, you automatically fulfill the institute's requirements. There's also a few minor other things, such as grades and such.

2) 51 Credit Hours: Ryerson, UTSC, Nipissing, Algoma, Carleton, UOttawa, a bunch of others

These programs give you the credits needed to fulfill the experience requirements. You must make sure to count your credits, check to see if you meet the prereqs, and maintain a B- in all of your required courses.

3) Less than 51 Credit Hours: George Brown College, some others (there's a list here)

These programs DO NOT fulfill the ICAO's requirements. You have the same things as 2 above, plus you would need to go and take a few more courses at a school that offers them. Stay away if possible.

____________________________

The fully accredited programs are really your best options. These are the schools you most often hear referred to as "the top/elite" programs for accounting. They have the best recruitment, and some have co-op or maybe are top business schools as well, etc. The fact that the ICAO has deemed them "fully accredited" is a nod to their quality.

____________________________

There are only four programs I know of within Ontario universities that have the word "accounting" in it: Waterloo Accounting and Financial Management, Waterloo Math/CA, Waterloo Biotech/CA, and Brock Bachelors of Accounting (BAcc).

Do not worry about programs being "Business Administration", "Commerce" or "Business Management". You will still be able to specialize in accounting. The advantage to being in one of these is that you are not restricted to accounting. If you decide you hate it while in university, you could instead pursue marketing or HRM or something.

Business/commerce/etc. programs offer education of all areas of business. You start off learning general business, and do some basic marketing/HR/accounting/finance stuff. Then in 3rd year, typically, you begin to specialize and take almost solely accounting courses (if you're pursuing accounting; you would take finance solely if you were doing finance specialization, etc.)
___________________________

Any questions about that?
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A photo of CatWarrior1995 CatWarrior1995

@caveman wrote

@CatWarrior1995 wrote
Last semester I had a guest speaker come in and he gave us books on "How to become one"

Then there was this chart and it said that the universites that are 51 credtited are the best...

Would this university be good for me to become a CA?:
http://www.electronicinfo.ca/en/program-details.php?pcode=0_190205_725_0

On the link above when they said...
"Is co-op available?

Practicum or internship option available"

What does Practicum mean?
Why are 51 credited univeristies the "best"?

I'm kind of confused why does it say Business Mangagment? Shouldn't it say Accounting?


Side Question: Which universites are the best if I live near Markham Ontario to become a CA accountant?



I'm currently in grade 11 so sorry if these questions are "dumb"





To become a CA, you must meet requirements in 3 areas: education, examination proficiency, and work experience.

Education is satisfied by completing an undergraduate program, and you must complete courses that satisfy the 51 credit-hour requirements. These are just courses that give you the requisite knowledge (e.g. tax, auditing, etc.). They "credit hours" are based on the number of hours per week, and it's more of an older term universities used. Basically you'll need to complete roughly 17 courses I think it is, within your program.

There are 3 types of schools for accreditation:

1) Fully Accredited: Waterloo, Laurier, Brock BAcc, Queen's, Ivey, McMaster, Rotman, UTM, UTMM, and Schulich.

Fully accredited means that if you graduate from these programs after completing an accounting specialization, you automatically fulfill the institute's requirements. There's also a few minor other things, such as grades and such.

2) 51 Credit Hours: Ryerson, UTSC, Nipissing, Algoma, Carleton, UOttawa, a bunch of others

These programs give you the credits needed to fulfill the experience requirements. You must make sure to count your credits, check to see if you meet the prereqs, and maintain a B- in all of your required courses.

3) Less than 51 Credit Hours: George Brown College, some others (there's a list here)

These programs DO NOT fulfill the ICAO's requirements. You have the same things as 2 above, plus you would need to go and take a few more courses at a school that offers them. Stay away if possible.

____________________________

The fully accredited programs are really your best options. These are the schools you most often hear referred to as "the top/elite" programs for accounting. They have the best recruitment, and some have co-op or maybe are top business schools as well, etc. The fact that the ICAO has deemed them "fully accredited" is a nod to their quality.

____________________________

There are only four programs I know of within Ontario universities that have the word "accounting" in it: Waterloo Accounting and Financial Management, Waterloo Math/CA, Waterloo Biotech/CA, and Brock Bachelors of Accounting (BAcc).

Do not worry about programs being "Business Administration", "Commerce" or "Business Management". You will still be able to specialize in accounting. The advantage to being in one of these is that you are not restricted to accounting. If you decide you hate it while in university, you could instead pursue marketing or HRM or something.

Business/commerce/etc. programs offer education of all areas of business. You start off learning general business, and do some basic marketing/HR/accounting/finance stuff. Then in 3rd year, typically, you begin to specialize and take almost solely accounting courses (if you're pursuing accounting; you would take finance solely if you were doing finance specialization, etc.)
___________________________

Any questions about that?


Yeah
What are the pros and cons of Fully Accredited and 51 Credit Hours? You can still be an CA accountant with those two right?
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A photo of caveman caveman
Yes, both fulfill the institute's requirements.

There's no major advantages. But if you're in a fully accredited program, you just need to complete the program. If you do, you're considered to have passed. If you're not in a fully-accredited program, you need to make sure you take the right courses. It's pretty minor. The biggest advantage is probably that in a fully accredited program, you only need a B- cumulative average, versus a B- in every one of the required courses for the non-accredited programs (51 credit hour ones).
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A photo of leafsforever leafsforever
guelph is also accredited it's not recognized yet as some of the courses aren't offered for another year
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