Is it smart to get an accounting degree?

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Ashlynn Moore asked a question: Is it smart to get an accounting degree?
Asked By: Ashlynn Moore
Date created: Thu, Jan 21, 2021 4:38 AM
Date updated: Wed, Jun 22, 2022 6:13 PM

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Top best answers to the question «Is it smart to get an accounting degree»

The short answer is a resounding yes. If you want to work in accounting, finance or business, getting a bachelor's or master's degree in accounting is a great investment in your career… Plus, the accounting field is expected to keep growing at a rate much faster than average for all occupations.

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“An Accounting degree can lead to great things. For me, it was a stepping stone to becoming CFO,” says Heidi Pozzo, founder of Pozzo Consulting. “Accounting provides a solid understanding of how the activities of business translate into financial results.”

Earning a Master of Accounting is a beneficial step in moving up the corporate ladder as an accountant. According to Yahoo! Education, completing the CPA exam is a requirement to move up the ladder, and in most states a Master’s in required to sit for the exam. This makes a Master of Accounting a smart move. Access a Field with Low Unemployment

5. Accounting skills are narrowly applied and focus only on taxes. Michael Rogers, CPA and entrepreneur says that prior to attending college, he assumed an accounting degree led to basically tax preparation or auditing roles, but has since learned the truth about the breadth of options.

Accounting is normally a three-year degree, offered as either a BA or BSc. It may take longer if your chosen university offers a placement year in industry, which you should consider because accounting is a popular course and, therefore, a competitive job market. Studying an accounting degree is likely to involve: writing reports and essays

An Associate’s degree is the fastest way to start a career in the field of accounting, so if time or money is an issue this may be the best way to go.

The best online accounting degrees often match the best on-campus accounting degrees in terms of quality. The pros of earning an online degree include affordability and flexibility. Colleges and universities often charge lower tuition rates to online students, who also avoid commuting costs.

A top bachelor's degree in accounting can open doors for a multitude of diverse career options. Graduates with an accounting degree can also look forward to higher than average field growth rates and salaries, which makes this degree an excellent return on its investment. Recommended Online Accounting Programs

Getting your accounting degree is a smart investment for your future that will pay off in many ways. Here are the top five: First and foremost, better salary. Your earning power skyrockets when you've got an accounting degree, so much so that it's usually not possible or recommended to try and work in the field without a degree.

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