5 Great Professional Organizations for Accounting Majors

The Bureau of Labor Statistics identifying accountants and auditors earning median career salaries of $68,000 and an above-average expected increase of 11% in positions needed through 2024.

Accounting is also a solid choice for a bachelor’s level business degree, providing a solid foundation for business school hopefuls in finance, management, and business administration. Joining professional organizations as an undergraduate student studying accounting may yield further career opportunities, further networking, and meaningful information to include on one’s resume. Let’s peer into five outstanding professional organizations for accounting undergraduates to join during their tenures at postsecondary universities.

1. Beta Alpha Psi

This organization was founded in 1919 at the University of Illinois at Urbana-Champaign, now featuring its organization headquarters in the North Carolina town of Durham. Beta Alpha Psi is a top-tier organization, only rearing its successful head at United States colleges holding Association to Advance Collegiate Schools of Business (AACSB) accreditation. Students majoring in one of three business majors are eligible to join: finance, information systems, and accounting. Beta Alpha Psi is one of the largest fraternal honor societies of its kind, being found at more than 300 universities in the United States with in excess of 300,000 registered members.

2. American Institute of CPAs

The American Institute of Certified Public Accountants was first founded in 1887 as the American Association of Public Accountants. Several name and membership changes later, it became known as its current name, American Institute of CPAs, in 1936. This organization has over 418,000 members across the entire world, with enrollees being located in an astounding 143 countries. Most members of the AICPA are actually Certified Public Accountants, although though they do allow Student Affiliate memberships for college students as young as freshmen. The AICPA can be joined by signing up online. Touting one’s self as a Student Affiliate of the AICPA can result in scholarships others can’t get, discounts for AICPA-related merchandise, and looking good on resumes.

3. NASBA

The National Association of State Boards of Accountancy regulates CPA exams in all 50 states in America. One of this organization’s most valuable resources is the National Association of State Boards of Accountancy Center for the Public Trust. The NASBA CPT does not provide student memberships, per se, but it does host an online course that certifies professionals and aspiring accountants alike in ethical practices. Many accounting firms and other business organizations require their employees to take this exam, although students are able to take the exam. Taking the Center for the Public Trust’s ethical practices exam looks good on resumes.

4. American Accounting Association

The American Accounting Association, usually shortened to the AAA, is one of the greatest accounting organizations for aspiring professionals currently in college. This professional accounting organization was founded slightly over an entire century ago, way back in 1916. There are more than seven thousand members across the world, claiming their homes in over seventy countries. Students are able to join, as well as teachers and professional accountants who practice the trade. Students can join for as few as six dollars, garnering the many benefits of online subscription to three top accounting journals, email marketing lists, and a popular job board.

5. Beta Gamma Sigma

This fraternal honor society was founded 104 years ago in 1913 at the University of Wisconsin. Beta Gamma Sigma is found at 540 different universities with business programs around the United States, all of which hold Association to Advanced Collegiate Schools of Business accreditation. Business majors of all disciplines are able to joint the prestigious ranks of Beta Gamma Sigma. Regardless of what one decides to do in life, being a part of this honor organization’s ranking members like president or treasurer will look good on resumes. Beta Gamma Sigma undoubtedly looks great, as people in bachelor’s programs must be in the top ten percent of their programs, and graduate students must be in the top fifth of their class.

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Joining profesional organizations as an accounting undergraduate student often results in a plethora of career benefits. Student resumes are beefed up, they can learn a lot of useful information, and become better future practicing accountants.