Are you great with numbers? Does the idea of working in the banking industry interest you? If so, then you may want to major in accounting. In a time when jobs are scarce, accounting majors often find employment within weeks of graduating college. Almost every major college – even the University of Phoenix has an accounting program – so finding a university that offers a program for you will not be a problem.
Accounting majors often have good salaries with a high level of job retention. They can be bookkeepers, accountants, CPA’s, and even financial advisers with the knowledge that they gain during college. Because almost every business needs an accountant, they can work in almost any field they want to. Still, they most often work in the financial sector. Either way, accounting majors often find that they never have to search too far for their first job. Many accounting majors also go on to open up their own companies or work as tax consultants.
In many states, a two or four year degree is a mandatory qualification for those who want to be accountants or CPA’s. It also isn’t unusual for accounting majors to pursue an MBA in order to further their chances at getting a good management position. As such, accounting majors often pursue higher education after their two year degree, or even after their Bachelor’s degree. It is worth mentioning that it isn’t unusual for accountants who have a higher level of education to earn over 100,000 per year if they choose the right area of work.
When choosing an accounting program, you will often have to take courses in business management, economics, different accounting methods, as well as finance law. In some schools, there may also be a course that is devoted to business law or macroeconomics. All of these courses are designed to prepare accounting majors for their role in the real world, where factors like new tax laws, as well as factors like difficult company policies, may cause their job to be slightly more difficult. Accounting majors typically need to have at least calculus level math skills by the time they graduate.
Many of the best schools for accounting majors are also known for their general excellence in the world of business. For example, accountants who can proudly say that they graduated from Cornell or Wharton can also be very proud if they achieved one of these schools’ highly renowned business degrees. Schools such as Tulane, Notre Dame, and the University of Illinois at Urbana-Champaign are also known for having excellent accounting programs.
Choosing the right accounting school can be a very difficult thing to do. The important thing to remember when choosing a school for accounting is to look for an accredited university that provides you with the resources you need to succeed. However, if you are at a loss on whether or not you want to enroll in the university in question, it’s best to ask an adviser or a trusted guidance counselor on their two cents on the subject.