An accounting degree one of the most sought after and is pretty much a requirement for individuals that wish to pursue jobs related to business and finance as well as to those who aspire to become Certified Public Accountants. Accountancy is one of the most lucrative courses of study in any college or university and one of the most difficult since it requires not only mathematical skills but also a good sense of logic, analysis and English communication skills.
Accountants are among the highest paid employees in the job market. This is because they work on the management of finance and resources of their employers, from checking on their balance of payments to allocating the necessary funds in order to generate profit.
Graduates of an accounting degree are also able to land on good-paying jobs in banks, financial institutions and business establishments, and they can work as tellers, bookkeepers, analysts and managers, depending on the type of employment they chose to be in.
Qualifications needed for an Accountancy Degree
In order to qualify for an accounting degree, individuals should have completed the general requirements such as completion of high school education by means of graduation or attainment of GED, and satisfactory ACT or SAT scores.
To those who wish to apply for a bachelor’s degree in accounting, they may inquire at the admissions office of their prospective college or university for other eligibility guidelines and screening procedures, such as minimum GWA and subject-specific grades such as in mathematics and English.
Associate degrees in accounting have lesser requirements to fulfill, although initial eligibility guidelines would have to be met.
How to apply for an Accountancy Degree
Applying for an accounting degree takes on the same rules as other degree courses, depending on the prospective university the student wishes to enter. Aside from submitting the necessary requirements, some institutions require fulfillment of screening processes such as oral and written examinations and interviews.
Those who wish to transfer to an accounting degree (either coming from another institution or shifting from another major) are required to earn satisfactory grades during their first two semesters once accepted. They are no longer subject to undergo initial examinations and tests, as long as they have met the necessary grade and unit requirements of the department that handles the accounting curriculum.
There are also accounting degrees offered by online colleges and universities. These can be acquired through series of webinars and modules, and they offer greater flexibility in terms of course load and schedule. Online universities provide application requirements that are much easier to fulfill, thus making them ideal for working individuals who wish to continue their studies.
Benefits of an accountancy degree
An accounting degree is known to be a golden ticket in order to land on high-grade employment in the job market. Accounting graduates are always needed in various business establishments, companies and financial institutions, and they easily get promoted once they pursue further studies in the field.
CPA’s meanwhile are not only paid by the hour of service rendered; they can also work for various firms according to their own schedules as they can work as freelance consultants as well. They can also set up their own office so that they can handle a multitude of clients all at the same time.
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