A Career in Accounting Makes LOTS of Cents!
If you’ve got a head for figures then accounting is probably one of the most advantageous career choices you can consider. It’s certainly a high-flying career option, and one that will stand you in fine stead for rewarding and potentially extremely lucrative employment opportunities. As our world continues to change, as more and more people search for ways to earn extra income, so the services of qualified accountants will become more and more sought after. The U.S. Bureau of Labor Statistics predicts a rise of 22% in accounting and auditing jobs between now and 2018. And that’s a conservative estimate! Not only does a degree in accounting help you to qualify in this ever more popular industry faster than any other type of degree, it provides you with an enormous amount of interchangeable and quantitative skills that will see you standing head and shoulders above the competition.
What’s an accounting degree all about?
A degree in accounting is designed to provide you with a complete and thorough understanding of all aspects of finance, auditing and accounting. You’ll learn not only the skills of accountancy themselves, but also within the wider context of both management and business. You’ll learn all aspects of modern finance theories, along with an in-depth understanding of the practical application skills necessary in the modern financial industry. Expect your course content to be provided by experts not only from the field of accounting, but economics, finance and management as well. This will ensure that you finish your degree course with a fully rounded knowledge of the complete financial industry.
What will I learn?
While all universities have their own way of delivering the syllabus, you can expect a degree in accounting to include the following:
- A thorough foundation in all disciplines relating to business and finance.
- The principles of accounting, money markets and the economy.
- Statistical and quantitative methods.
- Principles of accounting practice and various legal aspects of the trade.
- Business finance and management accounting.
- Advanced accounting theory and financial accounting.
- Financial economics, business taxation, audit framework and international finance.
- Regulatory and economic environment, company law, organizational behavior and financial and management information systems.
How will I learn?
Your accounting degree will be presented using a variety of practical classes, tutorials, seminars, projects and case studies. Expect your college to make full use of computer technology to aid both learning and active participation. You’ll also be expected to do individual research and private study to compliment your lessons. It’s likely that you’ll be assessed throughout the whole course, with marks being awarded as you complete the various modules. Coursework will be assessed along with your participation in group study, and you’ll also need to pass various examinations to complete your degree study.
After gaining my degree, what options are open to me for employment?
Once you’ve gained your accounting degree a whole spectrum of employment opportunities will become available to you. The finance and accounting sectors provide a high proportion of many professional career options. It’s common for graduates to choose to pursue a career within an accountancy firm, or perhaps move into the public sector. There are also the possible paths of moving into banking, working for one of the major retailers, government agencies or commerce. Accountancy also provides superb opportunities for those who would like to explore the possibility of working in various countries around the world.
Of course, this all sounds very exciting, but as everyone knows the job market is extremely competitive right now. That’s the reason why taking the positive step of completing an accounting degree program is almost a vital component of moving forward in your chosen career. Standards are high, and if you don’t have a degree then you’re unlikely to even be considered for the most junior of positions in a firm – a sad but true fact in our current job market. Even if you complete your accountancy degree and decide that you wish to diversify into a different field, the valuable skills that you’ll have learned will mean you stand out head and shoulders above those who’ve chosen not to follow the degree path.