An online Bachelor’s in Accounting is a great way to begin a career in the financial industry. When some people think of accountants, they picture stodgy pencil-pushers who lay awake at night dreaming about money. This stereotype may have had a kernel of truth back in the day of manual bookkeeping. However, with the digital explosion, a degree in Accounting opens more doors than ever before.
A degree in Accounting will never go to waste. As Benjamin Franklin famously said, “The only thing certain in life is death and taxes”. No matter the economy (booming or failing), no matter the type of business (profit or non-profit), no matter what sector (private or federal) individuals with degrees in accounting will be needed.
Every company needs to track expenses and profit. Every company needs to plan financially. Every company needs to file taxes. A career in accounting will never be obsolete, and for the most part provides a steady income with significant growth potential. Starting out as a CPA can easily translate into managerial positions, financial planning, consulting, or budgeting analysis positions, not to mention the possibility of starting your own company.
Many individuals with online Bachelors degrees in Accounting qualify for entry level jobs with fairly high starting salaries averaging around $50K plus. The benefit of an online degree in Accounting is that you can work while going to school. There is much to be said for practical experience, and if a company had to choose between two people—one with and the other without job experience—they will choose the person with job experience virtually every time.
It is a common misconception that you have to be a math whiz to be a good accountant, when in actuality all you really need is basic math skills with a moderate knowledge of algebra. Granted, some of the higher end jobs like actuaries or analysts may involve calculus and statistics, but careers as CPAs or bookkeepers are perfectly fine for those with average math skills.
What is essential? Attention to detail! As an accountant, you are responsible for tracking the flow of money in and out of the company. Accountants are problem solvers and are able to spot patterns or discrepancies. They are vital members of any team, and most of the company values being on good terms with them, so be prepared to be invited to play golf or go out for drinks!
Find the best online Accounting degree program for your career aspirations in our recent article: “The 25 Best Online Bachelor in Accounting Degree Programs.”