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past five years, with enrollments ranging from 67 to 117. Enrollment generally ranges from 30% to 45%<br />

<strong>of</strong> first choice applicants. 15<br />

Each <strong>of</strong> the accounting programs attracts approximately 15% to 20% <strong>of</strong> students (applications averaged)<br />

from outside the colleges’ catchment areas:<br />

Conestoga College’s Accounting, Auditing and Information Technology program attracts 15.4%<br />

from the central/GTA catchment areas, 3.6% from eastern areas and 2.4% from outside <strong>of</strong><br />

Ontario.<br />

Seneca College’s program attracts 4.4% <strong>of</strong> applications from the western catchment areas, 6.2%<br />

from Eastern areas, and 2.3% from outside <strong>of</strong> Ontario.<br />

<br />

The Financial Services program (including an Accounting major) at George Brown College<br />

attracts 6.2% <strong>of</strong> students from the western areas, 5.7% from the eastern areas, 2.4% from the<br />

north, and 1.8% from outside <strong>of</strong> Ontario.<br />

Accounting programs from George Brown College, Humber College, and Seneca College require one coop<br />

term, while Conestoga College requires three co‐op terms and 173 hours to graduate. The University<br />

<strong>of</strong> Waterloo requires four co‐op work terms. Co‐op opportunities are <strong>of</strong>fered as optional at a number <strong>of</strong><br />

other universities.<br />

Student Interest in LKSB Proposed Accounting Degree<br />

Current Students enrolled in Accounting (n=89) at the time <strong>of</strong> the survey, were more likely to consider<br />

university as an option for pursuing a degree program (although a significant proportion were also<br />

considering a college) than those who are enrolled in <strong>Marketing</strong> or Business. A majority (84%) were<br />

considering the options <strong>of</strong> applying to university or both college and university (university only – 40%,<br />

and both college and university – 44%). Only 14% were considering college only as an option.<br />

However, the proposed Accounting degree program (once they read the description) held great level <strong>of</strong><br />

appeal to Accounting Students as 72% (44% <strong>of</strong> whom were very interested) said they were interested in<br />

applying to the program in the next three years. A greater proportion <strong>of</strong> those enrolled in Level 6 are<br />

interested than those in Level 4, 85% vs. 66% respectively.<br />

The top two features were the ability to apply with advanced standing to transfer credits (92% found it<br />

appealing among those interested in the Accounting degree) and that the program satisfies the degree<br />

requirement for all Canadian accounting pr<strong>of</strong>essional bodies (93% found it appealing). Accounting<br />

students generally found all the features describing the Accounting degree appealing including the<br />

possible career paths, location <strong>of</strong> the school, flexibility to ladder, and relevance for working globally and<br />

for current international financial reporting.<br />

15 Note that these percentages are not absolute conversion rates since we are unable to determine how many<br />

students met qualifications, how many enrollments were first choice, second choice applicants etc., and/or if<br />

classes were capped at quotas. Nevertheless, these percentages do suggest that there is a steady demand for<br />

these college programs.<br />

LKSB Degree Program Feasibility Study • 2011<br />

34

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