After choosing to become an accountant, there is another decision that has to be made; how far will you continue in your college education?
There are a variety of associate and bachelor programs for future accountants to enroll in, however, the benefits that come with having a bachelor’s degree can become pretty persuasive.
In this article we will look at three different areas where choosing to earn a bachelor’s degree has its greatest effect: program choices, salary increase, and career opportunities.
You’ve decided you want to pursue getting your bachelor’s in accounting, but you have no idea what program to choose from. Here is a brief overview of four different programs you could choose from. Let’s start with a BSACC, or a Bachelor of Science in Accounting, this degree is for the serious number-crunchers.
This program focuses on both the technical and analytical aspects that are found in accounting. That even includes advanced mathematics. Next, there is the Bachelor of Science in Business Administration, or BSBA. While studying this program you can expect to be focused on business practices as well as what it means to function properly in managerial situations. This degree also has an emphasis on accounting topics.
A program that is similar to a BSBA, is a Bachelor of Business Administration in Accounting, BBA for short. This program also features several business courses and majors in accounting services. Lastly, there is a BAC degree, which is abbreviated for a Bachelor of Accounting/Accountancy. The main focus of this degree is purely focused on accounting topics and services and is usually used as a stepping stone towards getting a masters in accounting (MBA).
These are just four different programs, but there are many more to choose from. The variety that comes with electing to pursue a bachelor’s in accounting is something that should be considered in your educational goals and choices.
Did you know that accounting positions are ranked as the 7th best business job per U.S News & World Report? A big reason why, is because of the salaries that accountants make, specifically those with at least a bachelor’s degree.
The average salary of an accountant with a bachelor’s is around $70,000! A majority of those with bachelor’s degrees will find themselves having higher-paying accounting jobs. Jobs such as financial analysts, advisor, or even manager. Knowing the potential of your education is important, even before you take your first class.
The need for accountants is growing at a steady pace. In fact, more than 90,000 positions are expected to be created over the next 8 years. Even more jobs when it comes to the field of financial management. Here there is a 16% job growth projected over the next 8 years. During which an estimated 104,700 positions will become available.
Having a bachelor’s in accounting can open the door to a career where there is a steady need, want, and desire to have smart and efficient employees. Take advantage of these benefits and start studying for your bachelor’s in accounting today!