If you’re thinking about becoming an accountant, you should know that you don’t need to have a degree in accounting. In fact, you can get a degree in a variety of subjects, such as economics, languages, or even science. Different types of accountancy will require different professional qualifications, but whatever you study, you’ll need to develop employability skills, such as problem-solving and communication.
Education required
Depending on your area of interest, there are several different ways to become an accountant. Some paths lead to specialization, while others allow you to start your own accounting firm. Either way, becoming an accountant requires rigorous study. But once you’ve completed the training, this career path offers lucrative salaries and room for growth.
There are several different types of education programs, but a bachelor’s degree in accounting can be a great starting point. Then, you can expand your education by pursuing certification or a master’s degree. Earning a master’s degree can be especially beneficial if you want to move up the ladder.
Job outlook
Accounting is a career field that requires an in-depth knowledge of the financial world. These professionals provide accurate records and analysis for businesses. They often serve as a support to the chief financial officer. They may also work with individuals on tax matters. Accountants can work for private and public companies of all sizes. Some also own their own firms and consult for other businesses.
The demand for accountants has remained steady for the past few decades, and the number of jobs available in this field is expected to increase over the next decade. According to the Bureau of Labor Statistics, the number of accounting jobs will increase by 7% over the next decade, which is faster than average. That’s about 135,000 new positions per year. A number of accounting companies are also actively recruiting graduates directly out of school.
Career options
Accountants have many different career paths available to them. They can work for a small accounting firm or a Fortune 500 company, manage celebrities’ finances, or even work in the government to investigate fraud. Whatever their chosen path, they have the skills and knowledge to succeed in nearly every area of the business world.
Those who are interested in managing a business might want to consider a career as a financial consultant. This field requires accountants to have strong analytical skills and the ability to work within budgetary constraints. They may also want to consider self-employment. After years of working in the field, they will have worked with a range of different businesses and will have a better understanding of what works and doesn’t. Alternatively, they can set up their own business, focusing on accounting for a particular industry.