Why is Accounting So Important & Why Should You Major In It?

August 30, 2021

Accountants play a critical role in virtually every modern organization, making this a great industry to develop a lifelong career.
The field of accounting is growing, with demand for accountants projected to keep growing over the next decade.
Top accounting positions provide a substantial income, with those professionals reaching the top of the field earning an excellent salary.

A #2 ranking for Best Online Accounting Degrees from College Choice.
The endorsement of IMA® (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on advancing the management accounting profession. IMA’s Endorsement of Higher Education initiative recognizes programs that meet high educational standards, enabling students to pursue and earn the CMA® (Certified Management Accountant) credential.

A median salary that is 43% higher than the national average for all bachelor’s degree holders five years after graduation.
An average salary increase of 94% five years after graduation, with the average salary at graduation being $47,290, and five years later rising to $93,250.

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Why is Accounting Important?