Overview: Construction Contractors: Accounting and Auditing Courses

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why do i have to take an accounting class for construction management

Although not always necessary, some students choose to go on to earn a master’s degree in construction management. Earning an advanced degree could open up additional opportunities for raises or promotions. The BLS projects 11% job growth for construction managers between 2020 and 2030. This rate eclipses the average projected growth rate for all occupations. Online programs in construction management typically do not require any in-person attendance or residency. Construction management programs typically do not offer separate concentrations, but they may allow students to choose electives or interdepartmental courses to match their specific interests.

A sustainability consultant works with companies to help them implement more environmentally friendly materials and processes. Sustainability consultants may work on new construction projects in the planning phase, helping corporations gain construction bookkeeping tax credits for green initiatives and avoid cap and trade penalties for carbon emissions. In this course, students learn to break down complex construction projects into their component parts and estimate the costs for each component.

Bachelor of Science inConstruction Management

The university also offers virtual workshops that cover communication skills and professionalism in the workplace. Online students can access 24/7 virtual services, including FOCUS — a tool that helps users identify career preferences and strengths. A master’s degree could also be helpful when trying to switch to a different career focus. For example, if a student has experience primarily in cost estimating, but they want to become a facilities manager, earning a master’s degree could help make the student more competitive.

why do i have to take an accounting class for construction management

Many textbooks on the market focus on the theoretical principles of accounting and finance required for head office staff like the chief financial officer of a construction firm. This book’s unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants. In short, this book provides a seamless connection between cost accounting and construction project management from the construction management practitioner’s perspective. Full-time professors and experienced construction industry professionals teach courses in online construction management degree programs. Admission to these programs typically requires related work experience, which helps prepare students for construction management careers. Aspiring managers who want to learn at an accelerated pace can enroll in NU’s bachelor’s in construction management program.


From initial design strategy to project turnover and commissioning, this field is vital to successful completion of construction projects. Our instructors and advisory board provide industry perspectives to ensure we’re sharing the latest practices in the industry. You and your academic advisor will build a degree plan that totals 120 semester credits. It will include foundation, core, track, and general requirements courses.

why do i have to take an accounting class for construction management

An ability to apply knowledge of law, contract documents administration, and dispute prevention and resolution. This graduation plan is a sample plan and is intended to be a guide. Your specific plan may differ based on your Math and English placement and/or transfer credits applied.

Common Courses in an Online Construction Management Degree

A minimum of 32 of the last 60 credits to be taken at FGCU, including 12 credits in the major. The Wright Construction Group Method Laboratory, is a space for hands-on learning, in building materials, objects and structures. FGCU is actively engaged with Southwest Florida through cultural activities, educational programs and exciting athletics. Explore state-of-the-art residence halls, dining options, student organizations, health services, campus recreation and other activities. Our service-learning program and leadership opportunities will help you grow as a person. ACCE requires that a minimum of 3 credits in mathematics must be calculus-based.

  • In fact, according to the National Student Clearinghouse Research Center construction trades are rapidly growing in popularity, having the largest percentage increase in enrollment between spring 2016 and spring 2017 at 26.4 percent.
  • Design elements concentrate on the relationship between the built environment and the comfort of its inhabitants while safety education emphasizes the health of the individual worker.
  • Access to the learning platform is restricted to registered participants per the terms of agreement.
  • Many employers look favorably on job candidates with certification.
  • We hope our approach helps you find the school that is best for you.

A dedicated program support team is available 24/5 to answer questions about the learning platform, technical issues, or anything else that may affect your learning experience. Learn how to calculate steel and formwork costs and delve into how to price the material, labor, and equipment costs of a construction project. Land and topographic surveying with global position systems and geographic information systems . Fundamentals of distance, leveling angles, theodolites, transverse surveys and computations.

Colorado State University-Pueblo

The course features soil basics, including their derivation,identification and classification. The principles of water flow in soils, settlement and heave, and shear strength of soils will be discussed. Consolidation problems, factors of safety for foundations, and foundation settlement prediction will also be covered.

What do you mean by construction accounting?

Construction accounting is a branch of accounting wherein costs are allocated to a specific construction project. The project is allocated a job number, and the same is set up in the accounting software, and the costs are allocated by assigning the same to the unique job number as when the same is incurred.

This is to be used as a guide for prospective students to get an idea of what courses are taken with this program. The General Cataloghouses the most accurate and current degree requirements for each program at LSU. Understand different methods of project delivery and the roles and responsibilities of all constituencies involved in the design and construction process. Analyze construction documents for planning and management of construction processes. Gain an introduction to the feasibility study and how it can be used to evaluate development projects while learning three ways to compare the sales price, gain, and return on a real estate investment.

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