Why Study Accounting?

The job market seems to become more and more competitive with each passing year. When choosing which degree it is wise to pursue, students and potential students must keep this fact in mind. While some jobs, such as those in certain IT sectors, may become more difficult to land, jobs in other fields will remain in high demand....

No matter what other types of businesses rise and fall, there will always be a need for accountants

Accounting is likely to be one such field. No matter what other types of businesses rise and fall, there will always be a need for accountants. When you study accounting, you position yourself in a very desirable place as a potential employee.

Accountants are needed in every state and in every city in the country. When you study accounting you not only have a better chance of landing a great job, but you have more flexibility as to where you can land that job.

People who study accounting can go on to a variety of careers. Perhaps the first career choice that comes to mind is to become a Certified Public Accountant (CPA). While this is a lucrative and rewarding choice, there are other options available.

Some former students that have studied accounting are now working for the Internal Revenue Service. Others are certified financial planners working for large prestigious firms. Some have elected to use their skills to help their community and have taken jobs in the non-profit sector. Others have begun careers in estate planning or as tax specialists, business consultants, and research analysts.

Another reason to study accounting is if you plan to one day operate your own business. Having at least a basic knowledge of accounting will help you start and grow a successful business. Of course, many business owners hire accounting professionals, but by having a background in accounting, you can have the utmost confidence that your books are being kept properly and that your business in on sound financial footing.

Even if your ultimate goal has nothing to do with accounting, for those who wish to make it big in business, accounting is an important place to begin. If you want to rise through the ranks of the business world, a working knowledge of accounting is a requirement.

Many executives get their start in accounting and work their way up. Because the financial aspect of business is crucial to any company’s success, being able to understand the principles of accounting is a must for anyone who desires a position in business management.

So why study accounting? Here are a few good reasons.

  • Because it provides an educational background that will help you succeed in a wide variety of jobs.
  • Because the security offered by accounting positions is greater than with jobs in some other fields.
  • Because accounting positions and other jobs related to accounting are available all over the country, allowing you the freedom to live and work in a variety of places.
  • Because anyone who has their mind set on a career in business will need an accounting background to help them succeed.

Studying accounting provides a firm foundation on which you can build a variety of careers. It is a great first step that can lead to success in a variety of fields. There are famous writers, lawyers, singers and, of course, business men and women, whose first degree was in accounting.

You will be following in some pretty impressive footprints, such as JP Morgan, John Grisham and Tim DuBois, the head of Arista Records.

Become a well-rounded, in-demand, financially savvy potential employee that will have a wide variety of options upon graduation and throughout your career.

Choose accounting, and study in a field that will always be in demand.