Is an Accounting Degree Right for Me?
Whether you are considering an online degree or getting an education at a campus-based institution, you might be unsure as to exactly what you want your major to be. At this point in your life or career, it might still be difficult to make a decision regarding your future career path without having some information upon which to base your decision. You may have heard about friends or colleagues of yours working in, or studying accounting and are curious about following a similar path. If this is the case, but you still aren’t sure about accounting as a whole, here is some information regarding accounting degrees that you might find helpful in making your decision.
If you are looking for a degree that can land you a good job, a high degree of job security, and available options when it comes to finding an employer, an accounting degree could be a great choice for you. There is a price to be paid for the popularity of accounting roles though, as the work is not always easy, there can be a high degree of detail oriented work involved, and most of the duties involved require a rather sedentary style of work.
Accounting is largely the understanding, tracking, and reviewing of how the financial side of a business or businesses works. As an accountant, you will often find yourself involved in, and responsible for, ensuring the proper documentation, tracking, and analyzing of financial matters related to the overall financial operations of an organization.
While degree programs and course titles vary between institutions, there is certain coursework that is often common among accounting degrees. Expect to find curriculum relating to general accounting, financial accounting, managerial accounting, finance, taxation, economics, and auditing. Depending on the program in which you enroll, you might be required to take certain specialized courses or coursework revolving around business related subject matter such as communications, negotiations, and business law.
The job prospects for those graduates with accounting degrees are often positive. There are few times when companies aren’t in need of accountants. As we’ve seen with the recent financial crisis, when times are good, accountants are often needed to handle an increased amount of business income, help direct cash flow, and look for innovative ways to invest or disburse money. When times are tough, accountants are often needed for restructuring purposes, to help find ways of cutting expenses, or to aid in the implementation of new policies and directives.
Advancement opportunities within accounting careers are often widely available and vary greatly between industries and experience. Graduates will likely find that a wider array of advancement opportunities become available to them if they become a certified public accountant, also known as a CPA. Not only can becoming a CPA open a broader variety of positions to an accountant, it can significantly increase the desirability of the accountant to prospective employers as well increase the rate of pay being offered for accounting work. In some instances, companies will hire accountants with the expectation of the accountant working toward, and passing the CPA exam, and may even offer assistance with paying for additional coursework needed for this certification. Many people also get an accounting degree online to accelerate their career.