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Is Accounting a Good Major?

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Recently, we explored why accounting is so important and what you can do with a degree in accounting, and in this article, we’re going to explain why you should consider earning a degree in the field.

This post will include a detailed look at why you might want to study accounting, including reasons to get into the industry, as well as advice about how to choose between a bachelor’s or a master’s degree, and why you should choose to get your accounting degree online from CSU Global.

After you’ve learned more about accounting, please fill out our information request form to receive additional details about our online Bachelor’s Degree in Accounting, or our online Master’s in Accounting program. If you’re ready to get started, submit your application today.

Why Should You Consider a Degree in Accounting?

There are several good reasons to consider studying to become an accountant, including:

  1. Demand for accountants is growing, with the employment of trained professionals projected to continue rising over the next decade. 
  2. Accountants serve a critical need, making this a great discipline to study if you want to play a significant role in driving organizational success.
  3. Salaries for accounting professionals are relatively high, so this is a great industry for establishing a lifelong career.

Accounts Are In High Demand

It’s a great time to get into accounting because the demand for professional accountants is projected to continue rising over the next decade.

The Bureau of Labor Statistics projects that the employment of accountants and auditors should grow 4% between 2019 and 2029, with the growth in employment being stimulated by the need for more workers capable of preparing and examining financial records.

Because the field is projected to continue growing, you can be relatively confident that you’ll graduate from an accounting program with skills and abilities that will allow you to find a solid job in the industry. 

Increasing demand is also a good indication that there won’t just be more entry-level roles available over the next decade, but that there should also be a related increase in the number of senior-level positions as well.

Accountants Play a Critical Role

If you’re looking to launch a career in a field that will allow you to achieve leadership or management-level positions, then accounting could be the perfect place to start.

Accountants are some of the most important members of any organization since they’re responsible for reviewing, preparing, analyzing, and reporting the financial information that organizational leaders use to make strategic business positions.

Very few successful modern organizations operate without the assistance of a professional accountant, and even organizations that outsource the work know that their accounting team is absolutely crucial to help drive their success in the competitive global economy.

From tiny start-ups to gigantic mega-corporations, virtually every single organization relies on its accountants to keep them aware of financial performance, so becoming an accountant ensures you’ll get to play an important role no matter where you choose to work.

Accountants Earn Excellent Salaries

Even entry-level roles in accounting earn a considerable salary, while anyone who sticks with the field and makes their way to the top will have a chance of earning an excellent salary.

Here’s a quick look at average salaries for some of the most common roles in accounting:

This is just a shortlist of potential job titles you could pursue after completing a degree in accounting, and again, it only includes some of the most common industry roles.

Looking at a list of niche, specialty positions, and job titles that require additional accounting credentials would surely reveal much more impressive salaries.

More advanced accounting positions, like CPAs, CFAs, CMAs, CFSAs, CIAs, and CFEs are likely to pay substantially more.

If your long-term goal is to develop a lucrative set of skills that will help you earn a great salary, then you’ll certainly want to consider getting your degree in accounting.

Do You Really Need a Degree in Accounting?

While you don’t necessarily have to complete an accounting degree program to launch a career in the industry, earning your degree is one of the best ways to ensure that you’ll achieve success in this competitive field.

First, getting your degree is the best way to ensure that you’ve developed a solid understanding of industry best practices and that you’ll have the ability to be successful in a modern accounting role.

Getting your degree will also help get your resume noticed by hiring managers, making it far easier to land interviews where you can then demonstrate those skills, that expertise, and the abilities you developed in your accounting program, thereby increasing the chances that you’ll be able to find employment in the field. 

In short, completing an accounting degree program will help prove that you have the capacity to bring value to any organization from day one, improving your marketability for accounting-related jobs.

And when it comes time to choose a degree program, you’ll have two excellent options available from CSU Global.

Should You Get a Bachelor’s or a Master’s Degree in Accounting?

We suggest selecting the degree program that best meets your professional needs.

To figure out which degree would work best for you, think about your existing education credentials, your current knowledge and experience in accounting, and your long-term career goals.

If you’re new or newish to the industry and just looking to get your foot in the door with an entry-level position, or if you don’t already have an undergraduate degree (in any field), then a Bachelor’s Degree program will probably be your best bet.

However, if you already have considerable industry experience, if you already have a bachelor’s degree (again, in any field), or if you’re looking to land a management or leadership role, then you’ll want to consider enrolling in a Master’s Degree program instead.

If you’re having trouble choosing between a bachelor’s or master’s degree, consider contacting an Enrollment Counselor by calling 1-800-462-7845, or by emailing enroll [at] csuglobal.edu.

Whichever program you end up choosing, you can rest assured that getting your degree will help increase the odds that you achieve success in the industry, since earning your academic credentials is the best way to develop the skills you’ll need to become a successful accounting professional.

Should You Get Your Degree in Accounting Online?

You should at least be considering the option of getting your degree online, especially if you have existing work or family responsibilities.

If you’re a busy person and you need a flexible degree program that will allow you to study on your own schedule, then an online program is almost certainly going to be a better option than a traditional in-person program.

CSU Global’s 100% online degrees in Accounting were designed to provide exactly this kind of flexibility, making them the perfect option for working professionals, parents, and anyone who already leads a busy schedule, as they offer:

  • No set class times or physical locations.
  • Monthly class starts.
  • Accelerated eight-week courses.

Both our Bachelor’s and Master’s programs were designed to be completed entirely online, and they provide far more flexibility than traditional in-person degree programs, so if you’re concerned about finding the time to study and complete your degree, then you should definitely think about studying online with us.

Why Should You Consider Studying Accounting With CSU Global?

You should consider enrolling in an accounting program at CSU Global because both our B.S. and M.S. programs in Project Manage are regionally accredited by the Higher Learning Commission and ACBSP Accredited by the Council of Business Schools and Programs.

Each program has also achieved excellent rankings from third-party organizations, and our alumni report fantastic results from the job market as well.

Our Accounting Bachelor’s Program was ranked #2 for Best Online Accounting Degrees from College Choice, and our graduates report a median salary of $93,250, which is 43% higher than the national average for all bachelor’s degree holders five years after graduation.

Similarly, our Accounting Master’s Program was ranked #1 for Best Master’s in Forensic Accounting by Best Master’s Programs, and our alumni report a median salary that is 6% higher than the national average for all master’s degree holders, along with an average salary increase of 30% three years after graduation.

Furthermore, CSU Global itself has recently received several distinguished rankings, including:

  • A #1 Best Master’s in Forensic Accounting by The Edvocate.
  • A Top 10 ranking for Best Online Bachelor’s Degree Programs and Top 7 ranking for Best Bachelor’s Programs for Veterans from U.S. News & World Report.
  • A #3 ranking for Best Colleges in Colorado from Best Value Schools.
  • A #3 ranking for Best Value Online Graduate School from Value Colleges.

And finally, we also offer competitive tuition rates, a Tuition Guarantee to ensure your rate won’t increase between enrollment and graduation.

To get additional details about our fully accredited, 100% online degrees in accounting, please give us a call at (800) 462-7845, or fill out our Information Request Form. Ready to get started today? Apply now!