Whether you’re looking for a challenging and rewarding career or are the trusted resource your friends and family turn to for financial advice, a degree in accounting might be the right choice for you.
While earning your degree, you’ll learn the ins and outs of reading, interpreting, organizing, and managing a business’s finances. You’ll also develop problem-solving and communication skills that are essential to carrying out various day-to-day responsibilities.
Wondering whether an accounting degree is the right choice for you? Keep reading to learn about the benefits of pursuing a degree in this field.
One of the benefits of pursuing a degree in accounting is the availability of online degree programs. Online degrees make it possible to go to school while also taking care of a family, working full time, or balancing other day-to-day responsibilities.
If you’re dreaming of starting a new career in accounting but want to continue working or simply don’t want to commit to a traditional degree program and the demands of in-person classes, an online accounting degree is a great alternative. In other words, you don’t have to put your life on hold to earn an advanced degree, as you can complete coursework, finish papers, or study on your own schedule.
Earning a bachelor’s degree takes, on average, five years to complete, although many students finish in just four. But when choosing a degree program it’s important to look ahead to your future as well. Earning a degree in accounting means a chance to join a growing field, with the potential for a high income soon after graduation. According to the Bureau of Labor Statistics, the employment of accountants is expected to grow by 7% between 2020 and 2030. The median salary for an accountant is $73,560, making this a profitable career with plenty of job opportunities.
Another factor to consider when deciding if an accounting degree is right for you is whether you’ll have a chance to vie for promotions and pay raises after starting your career with a company. Careers in private accounting, in particular, offer plenty of room for growth. You may be able to advance within your department, take on leadership roles, and increase your earning potential with more and more gained experience.
While many accountants work for private businesses or in the public sphere, another benefit of this degree program is the chance to start your own business. Launching an accounting firm can be a rewarding and profitable goal but is also one that takes at least a few years of experience in the field.
Pursuing a degree in accounting can open a number of doors and, in particular, help you enter a growing career field, one that offers opportunities for future growth and advancement. If you’ve ever dreamed of owning a business, you can put your career to work to launch your own accounting firm. And while earning your degree, flexible online programs make it easier while working full time and/or balancing other responsibilities.
After deciding a career in accounting is right for you, it’s important to make sure you’re choosing the right degree program. Besides the cost, there are a number of factors you should consider, from the flexibility of the program to your own interests and goals. Now that you know the benefits of pursuing an accounting degree, it’s time to start searching for the best program for you.