By DeVry University
December 14, 2022
5 min read
December 14, 2022
5 min read
If you’re looking forward to preparing for a career in business, chances are you’re comparing different degree programs to determine which could offer you the best career potential.
You might be asking yourself: What are the potential benefits of earning an accounting degree compared to other business administration concentrations? Is an accounting degree worth it in terms of career and earning potential?
Organization
Data analysis and attention to detail
Critical thinking
Effective communication
Time management
Problem solving
Coursework in an accounting degree program should cover specific skills like the principles, practices and procedures used by accountants, as well as the logic and reasoning that is so elemental to the profession. At DeVry, coursework in our Accounting Bachelor’s Degree includes:
Critical thinking
Judgment and decision making
Financial accounting
Auditing
Accounting information systems
Federal income taxation
A straightforward career path: If you’re a person who likes to have a clear idea of where their career is headed, then an accounting degree may give you that. An accounting degree helps equip you with a specific set of skills that can be applied to many accounting jobs across multiple industries. Career paths in accounting are often well defined, making it easy to transition from one role, organization or industry to the next.
Broad availability: Some careers require you to live in or near a particular industrial hub, but accountants can work just about anywhere. Since accounting is a universal business need, they can typically find work in any city or suburb, and in organizations of all sizes. Remote opportunities may also be available.
Fulfills an essential function: Since all organizations need people to help prepare and file taxes, manage cash flow or oversee other business-related accounting functions, accountants serve an essential role in nearly every industry.
So, is there a downside to the field of accounting? We don’t think so. However, here are a few noteworthy things to consider when pursuing a career as an accountant:
Some positions require advanced education: If you’re thinking about becoming a Certified Public Account (CPA), you should know that there are specifics sets of requirements for pursuing this certification, including earning a set number of credit hours before you can sit for the exam. In addition, tax accountants must stay up to date on changes in the IRS tax code. If you’re considering either of these as a career path, for example, you will need to be willing to commit to additional study time.
You may have a busy season: As we all know, the period from January 1 to April 15 is known as tax season. Describing this period as busy for accountants might be something of an understatement. During this time, you may be required to work longer hours to get your clients’ returns filed before the April 15 deadline.
Attention to detail is essential: Keeping track of a company’s finances is an important task. As an accountant, you should be prepared to balance various regulations, growth expectations, tax laws and other complex challenges without missing a beat.
Accountant
Accounting Manager
Auditor Public Accounting or Government & Non-Profit Organizations
Budget Analyst
Credit Analyst
Financial Analyst
Financial Manager
Financial Planner
1Growth projected on a national level. Local growth will vary by location. https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm#tab-1
2Not including breaks. Assumes year-round, full-time enrollment.
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In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by The Higher Learning Commission (HLC), www.hlcommission.org. The University’s Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus: 1400 Crystal Dr., Ste. 120, Arlington, VA 22202. DeVry University is authorized for operation as a postsecondary educational institution by the Tennessee Higher Education Commission, www.tn.gov/thec. Naperville Campus: 1200 E. Diehl Rd., Naperville, IL 60563. Unresolved complaints may be reported to the Illinois Board of Higher Education through the online compliant system https://complaints.ibhe.org/. View DeVry University’s complaint process https://www.devry.edu/compliance/student-complaint-procedure.html Program availability varies by location. In site-based programs, students will be required to take a substantial amount of coursework online to complete their program.
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