Beginning with the fall 2022 semester, BYU Marriott School of Business students graduating from the bachelor of science and master of accountancy programs will receive a STEM (science, technology, engineering, and mathematics) designation with their degree.
STEM has a vital role in addressing future needs in the business world, especially as technology and data analytics play an increasingly central role in business. A STEM designation formally recognizes how the programs in the School of Accountancy (SOA) educate students in technological aspects of the accounting field, including public and corporate accounting, taxation, transactions, and accounting information systems.
“The SOA has been effectively incorporating cutting-edge technology into its curriculum for many years,” says Bill Tayler, SOA associate director. “This STEM designation for the SOA is a formal recognition of what has already been widely acknowledged by both students and recruiters.”
Both the undergraduate and graduate accounting programs offer courses in intermediate and advanced data analytics, database analysis and design, applied accounting analytics, accounting information systems, cyber risk assessment in accounting, IT audit and risk assurance, applied accounting technology, and enterprise resource planning.
“It benefits students by showcasing their proficiency in using technology and data analytics to develop innovative solutions, as well as providing international students with additional chances to gain practical work experience in the United States,” says Doug Prawitt, SOA director for faculty.
With this status, eligible SOA students holding a student visa may apply to extend their 12 months of optional practical training for an additional 24 months after graduation.
“Being STEM designated will help the SOA continue to attract highly qualified students into its program," says Troy Lewis, SOA associate director for students. "It’s a win for everyone involved.”
The School of Accountancy now joins BYU Marriott’s information systems and the MBA STEM management specialization in having STEM designation.
“The STEM designation for the SOA programs signals to future employers that our students are not only tech-savvy but also possess a future-oriented mindset,” adds Prawitt.
The formal designation adds to the SOA’s reputation for educating and graduating high-quality financial professionals. Since 2008 the SOA has produced 29 Elijah Watts Sells award winners, an award given by the American Institute of Certified Public Accountants to top scorers on the CPA Exam. BYU’s SOA has had at least one student win this award every year since 2008, the only university to do so. The SOA programs also currently have a 100% job placement rate for students seeking employment after graduation.
The BYU Marriott School of Business aspires to transform the world through Christlike leadership by developing leaders of faith, intellect, and character. Named for benefactors J. Willard and Alice S. Marriott, the school is located at Brigham Young University. BYU Marriott has four graduate and nine undergraduate programs with an enrollment of approximately 3,300 students.
Writer: School of Accountancy