The Bachelor Science in Accounting and Finance degree prepares students for careers in accounting, finance, banking, and the financial industry.
This program covers all aspects of accounting and finance, such as managerial accounting, financial markets, international finance, global economic competitiveness, taxation, auditing, investment management, and portfolio analysis. The degree could lead to a position or even a Certified Public Accountant.
As the worldwide economy becomes more and more complex, people who can track and understand it daily will become indispensable.
What do you need to know about accounting and finance?
Many of the most expensive degrees, such as Business Economics and Marketing, tend to be interdisciplinary degrees (meaning they require more than one of the required classes be taken outside of Accounting).
Accounting is also an extremely hands-on subject. Students must learn how to use Excel, first by working on the calculator and then by actually doing spreadsheets themselves.
This coursework can lead to careers in consulting or finance. It is expected that you have some background knowledge of accounting.
Most schools require you to take two full years of accounting, with many schools requiring you to take some classes over the summer.
You will then be required to take 120 credits in addition to your Accounting degree.
Here are some excellent schools to consider:
Northcentral University – Getting a Master’s Degree in Accounting and Finance is offered exclusively at Northcentral University.
This school has been very successful in its partnerships with local businesses. It has adopted the best practices from these partnerships to help students succeed after graduation. If you’re interested in business, this is an excellent choice for your master’s program.
Ashford University: Ashford University offers a comprehensive degree program accredited by the Higher Learning Commission, allowing students to choose from over 80 majors to earn a Master’s in Accounting and Finance.
If you’re unsure about whether to pursue accountancy or business, this is a good choice for you.
Capella University: Capella also offers a broad menu of degree programs to choose from. You can earn a Master’s in Accounting and Finance at Capella with classes that you can take online.
Saint Peter’s College of New Jersey (Students taking all the required courses at the school earn a Bachelor of Science and double major option)
The University of Alabama-Birmingham School of Business & Management is also accredited by the AACSB International Organization.
What are the job outlooks for accounting and finance graduates?
This degree is one of the most sought-after by students entering the workforce. Accounting itself is one of the fastest-growing professions, with over 120,000 openings projected by 2024*.
Jobs for accounting degree holders are projected to grow much faster than the overall job market. The labor force expects jobs in accounting to grow by 14 percent by the next five years, compared to 11 percent for all occupations.
This means that there will be much more demand for graduates with a degree in Accounting and Finance in the coming years.
What’s the major emphasis of Accounting and Finance?
Degrees in Accounting and Finance generally prepare students for a variety of careers within the field. In general, students who graduate with a degree in Accounting and Finance will be prepared to work as an accountant, bookkeeper, business analyst, or financial analyst. Their degree will also prepare them for a career as an entrepreneur or small business owner.
Do all schools offer majors in Accounting and Finance?
No, some schools will combine their business programs with other fields such as economics or marketing. But if you want to pursue a degree in Accounting and Finance, you should be able to find a school that will allow you to do so.
What’s the cost of a degree in Accounting and Finance?
The cost varies widely depending on the school and whether or not any of your classes are taken online. But it can be expected to cost anywhere from $50,000-$80,000 for a degree in Accounting and Finance.
To get your degree, you need to meet all of your school’s requirements.
These include taking classes on time, passing courses with a C or better, completing assignments on time, and providing quality work. You’ll also want to look into available scholarships or grants that can help you pay for your tuition costs.
***Please note a C and C- grade is different; therefore, check with the school on the percentage of a C/C-.
Accounting and finance degree entry requirements?
You will need to check the requirements for your school of choice and check out their website requirements. Most schools will also accept AP credits and transfer credits from community colleges.
What’s the best accounting and finance major for me? Here are some factors to consider when thinking about which major is best for you:
What kind of job do I want?
As mentioned above, students with a degree in Accounting and Finance will be prepared to work as accountants, financial analysts, and business analysts. If you want to pursue the entrepreneur route, this is a good major for you.
Students who want to select one of these options should ensure they don’t pursue a double major in fields such as Bio-Chemistry or an extremely specialized field.
How much do I want to make after school?
Accounting and Finance degrees will give you the skills needed to work in one of these fields, but they can vary in their career outlooks.
Generally, graduates with a degree in Accounting and Finance will earn a larger starting salary than those who have a degree in business. ($50,000 and up depending on experience)
What kind of person majors in Accounting and Finance?
Many people perceive that accounting majors are introverts; however, you will meet an extrovert accounting and finance major. You may indeed meet many people at school who share your major and interests and who will be able to help you along the way.
But many students report that they still make friends with other students outside of their field. If this is important to you, don’t let it deter you from choosing a degree in Accounting and Finance.
In conclusion, the Bachelor of Science in Accounting and Finance is an excellent choice for someone looking to further their career in business or accounting.
These programs will give you the skills and knowledge needed to launch a career in one of these fields and can even be applied towards an MBA. If you’re not sure about your major, consider taking some time to explore your interests and talk with an accountant or academic advisor before making your decision.
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