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Accounting
Program Length: Our accounting programs are designed to be completed by full-time students in 10-16 months
Program Options: 10-month Diploma Program; 16-month Associate Degree Program
Program Highlights

During the 10-16 month accounting program, students will learn to analyze financial transactions, prepare financial documents including tax papers, perform payroll functions and understand how to manage a company’s business records.

According to the Bureau of Labor Statistics U.S. Department of Labor, for the entire US, “bookkeeping, accounting, and auditing clerks held about 2.1 million jobs in 2008. They work in nearly all industries and at all levels of government. State and local government, educational services, healthcare, and the accounting, tax preparation, bookkeeping, and payroll services industries are among the individual industries employing the largest numbers of these clerks."

Fox College graduates work for:
•    Accounting departments
•    Corporations
•    Auditing agencies
•    Financial firms

At Fox College, you’ll:
•    Learn to prepare and summarize financial documents
•    Be qualified for a job as a bookkeeper, accounts receivable clerk, and other entry level positions upon graduation
•    Learn accounting principles and practices to apply as you advance in your career
•    Learn accounting software and techniques
•    Have access to Fox College's placement department to get the job

 
 
 
Concentration Courses
 
 
 

o   The Classification of Instructional Programs (CIP) taxonomic coding scheme was developed in 1980 by the National Center for Education Statistics to facilitate the organization, collection, and reporting of fields of study and program completions.  The CIP titles and program descriptions are intended to be generic categories into which program completions data can be placed, not exact duplicates of a specific major or field of study titles used by individual institutions.  This institution’s programs generally are intended to provide training for occupations associated with multiple CIP codes and each program’s graduates generally occupy a wide variety of positions both following graduation and within a few years.  However, the institution is required to choose one CIP code and believes that a code of 52.0302 is a conservative representation of expected entry-level occupations.  The institution also is required to list the following occupations (by name and Standard Occupational Classification—or SOC—code) that the O*NET crosswalk identifies as a representative sample of identified, entry-level occupations for completers of a program with a CIP code of 52.0302. 

13-2082.00 Tax Preparers  

43-3021.01 Statement Clerks   

43-3021.02 Billing, Cost, and Rate Clerks

43-3021.03 Billing, Posting, and Calculating Machine Operators 

43-3031.00 Bookkeeping, Accounting, and Auditing Clerks

43-3051.00 Payroll and Timekeeping Clerks  

43-9111.00 Statistical Assistants

The institution notes that, due to the nature of CIP codes and SOC codes, this list of representative occupations may be expected to comprise a subset of actual graduates’ occupations; further, graduates may or may not work in each of these listed occupations.

o   The on-time graduation rates as defined by the U.S. Department of Education for students who completed the programs between July 1, 2011 and June 30, 2012 are 100%  for the diploma program and 100% for the degree program.  The definition is the percentage of graduates that completed the program within the normal timeframe.

o   We are not required by the Higher Learning Commission of the North Central Association of Colleges and Schools or the Illinois Board of Higher Education to report placement rates.  However, placement rates may be shown elsewhere on this site.

o   Tuition and fees charged for completing the program within the normal time for students who start the programs between January 1, 2013 and December 31, 2013 are $18,900 for the diploma program and $25,560 for the degree program.  (Note that financial aid is available for those who qualify and the net price paid may be materially less; please visit www.foxcollege.edu/aid.)

o   The typical costs for books and supplies for completing the program within the normal time for students who start the programs between January 1, 2013 and December 31, 2013 are expected—as of the fall of 2012—to be approximately $2,720 for the diploma program and $2,720 (the same) for the degree program.

o   Potential applicants may find the following information at  www.foxcollege.edu/catalog.pdf: institutional accreditation; contact information for accrediting agencies and state licensing/approval agencies; admissions policies and practices; policies on transfer of credits to and from the institution; policies and processes for withdrawal and for refunds of tuition/fees; and additional consumer information.

o    For degree program graduates between July 1, 2011 and June 30, 2012, median federal loan debt was $6,751, median private loan debt was zero, and median institutional loan debt was zero.  Median loan debt for diploma program graduates between July 1, 2011 and June 30, 2012 was withheld for privacy, median private loan debt was zero, and median institutional loan debt was zero.

 
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For the entire US, employment of bookkeeping, accounting, and auditing clerks is projected to grow by 10 percent during the 2008–18 decade. This occupation is one of the largest growth occupations in the economy, with about 212,400 new jobs expected over the projections decade. Clerks who can carry out a wider range of bookkeeping and accounting activities will be in greater demand than specialized clerks. For example, demand for bookkeepers is expected to increase, because they can perform a wider variety of financial transactions, including payroll and billing.

Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2010-11 Edition

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