Accounting degrees open doors for college graduates to obtain high-paying jobs for all kinds of businesses and corporations. The job outlook for accountants and auditors is set to increase by 25 percent by the year 2018, which is an increase on par with the constantly growing healthcare industry. Not only are accounting jobs always in demand, but they are also among the top-paying jobs in the market. Earning an accounting degree requires exceptional skills in math and economics. Also, students who are serious about careers in accounting should strongly considering graduate school. If you are interested in an accounting degree, the following questions and answers will help you get started in your search.
How reputable is this college's accounting program?
Of the various schools you're considering, which are known to offer the best accounting programs? These things matter when you eventually enter the workforce. The better programs may be more competitive and expensive, but you'll likely have more employment opportunities upon graduating if you attend a school that's at the head of the class.
What kinds of internships will be available through this accounting degree program?
Internships are extremely valuable for accounting students. Not only do internships provide real-world work experience that can help students land full-time jobs, but the connections made through internships can be helpful for years to come. When comparing accounting degree programs, ask about tools and services to help students get internships.
Which other classes will I need to take to earn an accounting degree?
In addition to your accounting core classes, accounting degree students are often required to focus on math, science and finances. Accounting students can also benefit from taking classes in technology. Ask your school's admissions office for more information about which classes are required or recommended for your degree.
Are there different types of accounting degrees?
There are three types of accounting degrees that you can earn. An associates degree is typically earned at a community college and takes around two years to complete. This is the most basic degree but will still allow you to qualify for a wide range of jobs. A bachelor's degree is earned at a four year university or online college and takes about four to five years to complete. This type of degree opens up even more job opportunities for you, including some executive positions. A master's degree requires that you have already achieved a bachelor's degree and can be earned at most four year universities. This type of degree offers a fast track to the most coveted executive positions in the industry of your choice. A master's degree typically takes two to three years to complete.
What can I do with an accounting degree?
An accounting degree provides a great deal of flexibility in your employment opportunities. In terms of entry level positions, you will be qualified for accountant and auditor positions. You can also choose to advance your education with a master's degree or various certifications to become qualified for even more accounting jobs. However, if you're not passionate about numbers, then this may not be the field for you. Talk to your guidance counselor or career counselor to learn more about what to expect from a career in accounting.
Should I enroll in an online accounting degree program?
There's still a conception that traditional degrees are better than degrees earned online. In some cases, this may be true. For-profit online universities often don't hold themselves or students to the same standards as accredited four-year universities. However, many universities offer legit online programs that are just as well-regarded as standard degree programs. Also, many employers don't consider where you earned your degree. In their eyes, a degree is a degree no matter where you earned it. Talk to a career counselor and research your online campus options if you're considering pursuing an accounting degree online.
Do I need an MBA in addition to my accounting degree?
A bachelor's degree in accounting is the baseline requirement for most accounting jobs. However, upper-level positions may require a business administration degree in addition to an accounting degree. Earning a second degree would likely extend the amount of time you're in school and delay your entry into the workforce. However, the choice can pay off. Ask your guidance counselor whether this would be a wise move given your unique career goals.
What are the qualities of a good accountant?
While anyone can become a successful accountant, there are some qualities that are more desirable to your employers. A good accountant should be highly organized and focused on detail. The importance of these qualities cannot be understated. Not only are you dealing with a companies finances, but there are also many laws and regulations associated with this professional field that must be followed. A good accountant should also be a good problem solver and work well as a team. Many problems will present themselves in your field and you will have to work with others to find creative and practical solutions.