Online Accounting degree: Lucrative Career Path

Reference & EducationCollege & University

  • Author Peter Ndegwa
  • Published December 19, 2010
  • Word count 664

Accountants are viewed as having a high aptitude for math and this is probably one of the reasons that many people do not pursue it. The thought of having to crack math problems makes many people shudder. However, accountants are among some of the highest paid professionals and this is certainly one of the reasons that some people choose to pursue it.

There are many diverse fields in accounting and one can literally choose their career path. Such areas of expertise include: tax laws, auditing and business compliance requirements. In addition to math skills, one also needs to have advanced computer skills especially as computing becomes a common aspect in our every day life. There are many paths that one can take in order to become an accountant.

For instance, you can choose to major in business and also undertake some minor in accounting. It is important that you ensure that the college you wish to enroll in is accredited. Bachelor’s degree in accounting usually takes four years although it can take a lesser time depending on the student’s aptitude.

An online degree has become very popular nowadays. This is due to a number of reasons. One of the reasons is the rise of globalization which Ash made it easy for us to communicate in real time. In actual fact, one can communicate in real time with someone who is thousands of miles away.

Another reason for the rise in popularity of online degrees is the flexibility that such degrees offer. One can set their own pace of study as opposed to a normal college setting where you will have to follow the timetable. The other major reason is that an online degree allows you to study as you work. In fact, this may be the only reason why a majority of people choose to pursue an online degree. Getting a degree usually demands a heavy financial outlay and many people cannot afford to forfeit their income as they study. This certainly makes online degrees to be a very attractive option.

Before enrolling for a program, it is essential that you ascertain its quality. There are various ways in which you can do this. For instance, it is important that you check the quality of the faculty. The quality of the faculty can be ascertained by checking the number of academic papers that have been published in academic journals. The number of publications in such journals usually indicates whether the faculty is an authority in their field. The success of past students should also be taken into account. The relative ease with which these students obtained jobs indicates how the employers and the wider society regard the college. The starting salary of past students is also a major indicator of the success of the college.

Master of Science and Doctorate in Accountancy

A masters degree in accounting takes only about a year to complete. You can also enhance your credentials by pursuing a PhD degree in accounting. A PhD degree usually takes about three or four years to complete. A doctorate degree in many cases involves the study of accounting theories and the fundamental teaching fundamentals. In order to complete a doctorate, you will need to complete coursework and a thesis. There are some variations in the specializations that one may choose but many of them are related. For instance, you can pursue a management major with a minor in accounting.

Master of Business (MBA) with an option in accounting.

An MBA has become an important pre-requisite for one to obtain a job in the management circles. This is especially true for jobs in the financial sector. In order to pursue an MBA, one needs to have an undergraduate degree in any field. The number of years of experience that are demanded by many schools vary although no school rules out admitting a student straight from an undergraduate school. Some colleges also demand that you present the results of the GMAT test.

About Author: Peter Ndegwa is an expert in online education and the editor of Online-Degree-Programs-Guide.com, the complete resource for online degree programs. Here's more information about getting online accounting degree. - Copyright: You may freely republish this article, provided the text, author name and active links remain intact.

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