Although there are a large number of industries around the world that are struggling due to a weak economy, accounting remains one field that continues to grow. Regardless of whether a business is currently very successful or on the verge of bankruptcy, it will still need to have an accountant to monitor finances and help create a budget for success.
Individuals, too, need accountants to oversee their financial decisions in any economic climate. If you are skilled in math and numbers, you have a basic understanding of economics and finances and think you might want to work for a financial organization or as a CPA in a large accountancy firm, you might want to pursue a degree in accounting.
Find out more below about what curriculum to expect with this degree, what the prerequisites for the degree are, what kind of career options are available for graduates, what the benefits of an online degree are and how to determine if this is the right degree for you.
Typical Curriculum for a Degree in Accounting
A typical bachelor’s degree in accounting will consist of 120 credits, with most of the courses relating directly to the major. Perhaps one-third of the classes will be in general education, which contributes to the well-rounded nature of graduates.
These general education classes could be in anything from Spanish language to English literature. The focus of the degree, however, is on courses like payroll accounting, cost management, accounting systems, marketing and statistics.
Prerequisites for a Bachelor’s Degree in Accounting
Before you can enroll in a bachelor’s degree program in accounting at an online college or even through a traditional college program, you will need to meet a number of set standards. The most common of these prerequisites include being over the age of 18 by the time of enrollment, holding a general education degree or a high school diploma, submitting a written essay and having references from former teachers or employers.
Some colleges will also request that aspiring students have specific SAT or ACT scores or even a 3.0 high school grade point average on a 4.0 scale.
Career Opportunities for Graduates
There can be no doubt that one of the biggest reasons for pursuing a degree in accounting is to have greater employment opportunities after graduation.
Most employers who are looking for accounting staff will only be interested in those who hold a minimum of a bachelor’s degree in the field. Some of the careers that you might be interested in after graduation include that of public accountant, internal auditor, tax examiner or government accountant.
In order to become a CPA, or certified public accountant, you will need to have an additional master’s degree on top of your accounting degree at the bachelor’s level.
Benefits of an Online Degree
There are many reasons that an online accounting degree is a smarter choice than a traditional degree earned at a college campus. To begin with, students don’t need to deal with the hassle of daily commutes, traffic or parking when they pursue their degrees online. S
imply head to any location with Internet access and participate in live classroom discussions, streaming lectures or online exams. In addition, online classes give you the flexibility to work, earn a degree and still have time to enjoy the company of your friends and family.
An online bachelor’s degree in accounting may be the right fit for you if you are skilled at math, you want to hold a lucrative and prestigious financial position after graduation and you are excited about the prospect of earning a degree at home through accredited online colleges.