September 26, 2018
If you're passionate about money management, budgeting and strategic financial planning, an accounting degree could give you the skills you need to kick start a rewarding financial career.
While many accounting degree holders find work as certified accountants and analysts, similar professions are also available across many industries. The analytical and critical thinking skills gained in an accounting program can help prepare you for more careers than you might think.
"Through the advancement of auditing software, many of the functions of an accountant have been made more efficient, which allows for more opportunity in interpretation and analysis," said Keely Griffith, associate dean of online programs at Southern New Hampshire University. "This increases the value of an accounting education, as communication and analytical skills are emphasized more heavily."
What Will I Learn in an Accounting Degree Program?
By earning a bachelor's degree in accounting, you'll build a strong foundation of business knowledge that can be applied to many different career paths.
You'll learn how to analyze and apply financial rules and regulations, how to generate financial records and how to communicate these reports with internal and external stakeholders. You'll also gain valuable experience in business strategy, risk management, information systems, quantitative analysis and business ethics.
You'll explore the current business landscape and develop analytical, critical thinking and strong communication skills to prepare you for a variety of jobs for accounting majors, from financial planning and consulting to budget management and data analysis.
By earning an accounting degree, you'll prepare to enter the fast-growing financial world. Explore the jobs below to learn more about these alternative careers for accountants:
Whether your goal is to become a financial accountant, managerial accountant or you're interested in alternative careers for accountants, you'll need a bachelor's degree to start your career in the financial world. Interested in a particular facet of accounting and finance? Earning a master's degree in accounting will let you dive deeper into an area of specialization - such as forensic accounting, auditing or taxation - and boost your expertise.
It is important to make the most of your education through considering your career goals and interests, said Griffith. Getting an internship, taking relevant electives - such as finance, financial planning and economics - and focusing on developing soft skills like communication, data analysis and problem-solving can help set an applicant apart when entering these high-demand financial careers.
"Accountants can no longer just number crunch and perform calculations," Griffith said. "They must understand and effectively communicate the data story. Employers want to see that you have the technical skills, strategic mindset and the ability to communicate proficiently to various stakeholders."
Heather Marr is a marketing and student recruitment specialist in higher education. Follow her on Twitter @Haf0577Marr or connect on LinkedIn.
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