If we gained one thing from Enron and similar scandals, it was prolonged job security for accountants. Strict standards for corporate governance enacted a decade ago have resulted in an unprecedented need for professionals in the field. The Bureau of Labor Statistics projects 16 percent job growth in the decade leading up to 2020, and New Jersey is one of the states in which employment for accountants and auditors is most heavily concentrated.
It’s no wonder, then, that accounting is the most popular major at the School of Business–Camden, chosen by a third of undergraduates. Now, a $1 million donation will give the school an important new resource in supplying the state with top professionals and practices.
Through the gift, brothers Daniel Ragone Jr. RC’77, Dean Ragone CCAS’81, and David Ragone CCAS’88 will establish the Daniel J. Ragone Center for Excellence in Accounting in recognition of their father, founder of a Haddonfield-based accounting firm and a respected community and business leader in South Jersey. The Ragone center will be the business school’s first endowed academic center.
The center will promote excellence in accounting at the school and in the region by helping students to meet the rigorous requirements of CPA certification, offering continuing education credits for accounting professionals, and fostering the exchange of ideas and expertise between accounting faculty and industry leaders through conferences and other events.
“Accounting jobs are growing, and the area needs highly qualified accountants,” says Jaishankar Ganesh, dean of the school. “The center will give us the opportunity to become a thought leader and a practice leader in South Jersey.”
Originally published in Rutgers alumni magazine.