How an Accounting Degree Adds Up to a Career for the Future

Did you know the average career typically lasts around 40 years? The most recent 40-year period was filled with unprecedented change; changes in our country, economy and even how we work. The world has been and will continue to evolve, so when you begin planning for your career it’s important to pursue one with an outlook beyond just the immediate future. In this post I will explain how earning an accounting degree can add up to a career that continues to stand the test of time.

A Timeless Career

Did you know accounting professionals have been around for centuries? The first accounting textbook was written in 1494! Sure, throughout history many different things have changed in the world of accounting, but the career itself is still in the black.

An Appreciating Career

The employment history for accounting professionals has been one of strong overall growth. According to the Bureau of Labor Statistics growth is expected to continue to the tune of 16% through 2020. Because of such scandals as the Bernie Madoff ponzi scheme and other recent financial scandals, there has been an increased focus on accounting, which seems poised to only continue for the foreseeable future.

A Career with Options

In today’s business world there are many different career paths for accounting professionals to pursue. While you may see some strange accounting job titles it’s important to understand accounting professionals have the ability to pursue a variety of different positions within different fields.

These professionals can hold a wide variety of occupations and duties in addition to becoming an accountant or an auditor, according to the Bureau of Labor Statistics. They include:

  • Budget Analyst – Help organizations organize and budget their finances.
  • Cost Estimator – Collect and analyze data in order to determine cost estimates for businesses.
  • Tax Examiner – Review tax returns and conduct audits to ensure that taxes are fully paid.

Account for Your Career’s Cash Flow

For a career that often involves the counting, track and dispensing of funds it’s important to be aware of what you may be able to expect in your career. The median wage per year for accounting pros is about $61,000 per year  with the 10th percentile earning $38,940 according to BLS data. With the variety of similar occupations in this field salaries can vary, but by having the ability to pursue a varying amount of different specific career fields, you have the ability to find a position and salary that can make your friends envious of the career that you built for yourself.

How to Build a Career with Equity

In order to enter into this career field, companies and organizations typically require a bachelor’s degree in accounting or a similar area of study to be considered for these positions. It would also benefit you to pursue other extra curriculum activities such as finding an internship or completing other license and certifications in order to build your career.

But first things first; earning your degree is the most vital part to begin building a successful career. Upon earning an accounting degree you will have an asset that likely will never depreciate, and the knowledge gained will help lead you into a promising career with strong growth and potential.

 

External links provided on Rasmussen.edu are for reference only. Rasmussen College does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced.

Grant Tilus is an Associate Inbound Marketing Manager for Collegis Education who writes articles on behalf of Rasmussen College with the aim to inspire, motivate and inform current and prospective students in a positive way.

comments powered by Disqus