Accounting is a profession that always stays in high demand. Every Organisation needs accounting professionals to run its operations by handling the finance sections. So an individual with an accounting degree can have a flexible career path and high earning potential. This also enables them to explore career options in accounting based on their interest. An accounting degree can also help you to gain transferable skills that are highly desirable to employers.
An individual with an accounting degree can work in a number of roles. Some of the positions are Accountants, Bookkeeper, Auditor, Financial Analyst, Account Payable Clerks, Budget Analyst, Business and Financial Consultant, Financial Analyst, Financial Examiner, Financial managers, Management Analyst or Personal advisors, and more.
Benefits Of Having An Accounting Degree
An accounting degree is a smart option for anyone seeking a time-tested career option. Some of the benefits of having an accounting degree are always in-demand jobs, providing high salary, enabling you to own your business, enabling you to specialize in different fields, an opportunity to work in different industries, good job security, solid job availability, career advancement and more.
Always In Demand
An accountant is an essential employee for the smooth running of an organisation. They manage all the finance and accounting sections more conveniently and efficently. So accountants are in high demand because they offer insight into the company’s future cash flow. So they are considered as valued business partners with unique strategic insight. Accounting is always an in demand profession due to the increase in the number of industries, companies and businesses.
High Salary
Accountants and financial professionals are highly paid. Even entry level accounting professionals earn a considerable salary. Some of the highest paying accounting jobs are Financial Controller, CMA(Certified Management Accountant), Chartered Accountant, Bank Branch Manager, CGA(Certified General Accountant), Senior Accountant, Financial Analyst, Credit Supervisor, Staff Accountant, Bookkeeper and so on. The top paying industries for accountants include finance and insurance, tax preparation, the government and more. The lucrative salary is based on demand and makes accounting one of the business jobs.
Own Your Business
Anyone can start a business with an accounting degree. The knowledge of accounting can help an individual to maintain a systematic, accurate and complete record of all financial transactions of a business. This record can help them to make correct decisions based on the most up to date. Accounting can also overview payroll and estimate tax payments throughout the year. An accounting degree also helps business owners to make opportunities for business growth.
Opportunity To Work In Different Industries
An accounting degree enables you to work in a number of roles beside accounting. An accounting degree can help you to develop and refine a host of professional and skills. This helps you work in different industries across the world. An individual with an accounting degree can have job opportunities in different industries such as insurance, finance, government, healthcare, manufacturing and technology. The accountants who work in these industries have a high salary and excellent benefits.
Different Specialisation
The accounting field offers an individual with many specialisations. These specialisations is based on their interest. Some of the common specialisations in accounting include auditing, financial accounting, forensic accounting, management accounting and taxation. Accountants who pursue specialisation can find a job in various fields such as banking, consulting, entrepreneurship, education, executive management, law and tax preparation and reporting. Accountants with specialisation will be hired easily compared to others.
Good Job Security
Every organisation and business need an accountant to handle its finance. An accounting degree can help you to achieve a stable, secure, longevity and in demand career in the accounting field.
Solid Job Security
There is always a need for accountants which means there are always available accounting jobs.
Career Advancement
The accounting profession offers several opportunities for career advancement. Once an accountant has gained experience, they can seek jobs in the financial industries. Some of the common opportunities that accountants seek after working as an accountant include jobs such as personal financial advisor, forensic accountant and actuary.
Final Words
If you are interested in accounting and finance, then do not worry about your career prospects. Find the right instructor for you to pursue a degree in accounting based on your interest and achieve your dream career. Accounting and finance firms usually hire individuals with an accounting degree.
Finprov aims to help you through the process and support you to achieve your goal to be an accounting professional. Through this learning experience, we aim to build the accounting professionals of tomorrow. The accounting and financial courses provided by Finprov are PGBAT, CBAT, CMA USA, CA Foundation, PGDIFA, Gulf VAT, GST, SAP FICO, DIA, CHRPP(HR payroll processing) and more. These courses are provided to learners by the best trainers and with the best technical support.