To obtain an accounting degree, you must first choose a school, then apply for admission, pay the tuition fees, and complete the coursework. For most finance and accounting jobs, an accounting degree is required. To become a Certified Public Accountant, you must have a bachelor’s degree in accounting (CPA). Anyone who wants to work as an accountant in private practice must have this certification. For all accounting positions at most large companies, this designation is required.
A wide range of universities, including online schools, offer accounting degrees. It’s crucial to make sure the school you’re thinking about is accredited. A non-accredited school can offer accounting courses, but it won’t be able to award a degree or provide financial aid.
Online accounting degrees offer more flexibility in terms of time management, course load, and learning methods. If you’re considering attending an online school, make sure it’s accredited and that credits earned there will be accepted by the CPA for your designation. Carefully consider the course offerings, flexibility, and academic credentials.
Accounting degree requirements vary, but they typically include high school credits in accounting, math, English, and business studies. Work experience can often help mature students who want to pursue an accounting degree bridge the gap in formal education. Additional credits toward your degree may be granted if you have completed an accounting certificate or diploma, reducing the number of courses required.
The cost of an accounting degree varies, but it typically costs between $3,500 and $20,000 per year. To help cover these costs, look into scholarships, bursaries, and government student aid. Furthermore, there are a number of higher-paying jobs available in a university setting that contribute to overall student funding.
Standard accounting, finance, communication, commercial law, and economics courses are covered in the first and second years of an accounting degree. In the third and fourth years, there are options for specialization. Take a minor in information technology, international trade, or economics to broaden your job prospects.
After completing an accounting degree, the majority of students will work toward becoming certified public accountants (CPAs). After graduation, this program requires additional coursework and work experience. Candidates who meet these requirements can sit for the required exams to become a CPA. To work as an accountant in private practice, you must have this certification. Furthermore, most accountant positions will only hire candidates who are pursuing or have already obtained their CPA.