Economic Outlook For Bachelor Of Accounting Degree
Graduates pursuing an Online Bachelors Degree in Accounting can pursue a number of accounting jobs with great earning potential
. An Online Bachelors Degree in Accounting allows students to learn how to keep books, analyze financial information and record financial transactions for businesses, government agencies and nonprofit organizations.
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Students with an Online Bachelors Degree in Accounting have knowledge of basic accounting, auditing, cost accounting, tax accounting and business laws that enables them to effectively deal with real world projects. Graduates can pursue a career as a professional accountant but there are a variety of other jobs available as well. They can serve in different fields such as accounting firms, insurance agencies, banks, financial services organizations and government. Individuals holding a Bachelors Degree in Accounting will gain interpersonal skills, problem solving skills and analytical thinking skills.
Salary Prospects for Bachelor in Accounting Degree Grads
The amount of salary graduates with Bachelors Degree in Accounting earn varies considerably and depends on the job title these people hold. According to the Bureau of Labor Statistics, the average salary for accountants in the U.S. is around $67,430. Likewise, state and local government accountants earn less than those working in federal government agencies. Entry level accountants holding a bachelors degree may earn an average yearly salary of $48,993, according to the National Association of Colleges and Employers.
Job Market for Accountants
A Bachelor of Accounting Degree opens up various career options for prospective candidates. According to the U.S. Bureau of Labor Statistics (BLS), job prospects for accountants are quite good and they are expected to increase by 22% during 2018. Moreover if you become a Certified Public Accountant, you will have more advanced career opportunities than those with just accounting degrees. CPAs have nearly inexhaustible job options; they can find employment in businesses and government agencies and can become:
Auditor
Bookkeeper
Financial analyst
Investment banker
Loan officer
Budget analyst
Tax examiner
An Online Bachelors Degree in Accounting is certainly the best option for individuals who have a love for numbers as it leads to a variety of accounting jobs and gives candidates an opportunity to advance their careers while achieving their career objectives.
by: Rachel Scott
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