Choosing an online accounting degree may be the best decision for your future. Especially, if you choose one of the most affordable online accounting degrees! An affordable online accounting degree will give you the education and opportunity to enter into this stable and high-paying profession. Why is now a good time to enter this field? According to the Bureau of Labor and Statistics, employment of accountants and auditors is projected to grow 10 percent from 2019 to 2029, much faster than the average for all occupations. The median annual wage for accountants and auditors was $71,550 in May 2019.
Why Get an Online Accounting Degree?
An undergraduate or graduate degree in accounting may be your ticket to a career with great job security and above-average earnings. The Bureau of Labor Statistics (BLS) reports that the median annual salary for accountants was $71,550 in 2019, while those in the top 10 percent earned more than $122,840. In addition, BLS data shows that employment of accountants and auditors is projected to grow 10 percent from 2019 to 2029 — much faster than the average for all occupations. If that’s not enough reason to earn your degree in accounting, consider these additional benefits:
Critical thinking skills:
Accountants are trained to look at both sides of every issue before making recommendations or decisions. They must also be able to find creative solutions when problems arise. These skills will benefit you both professionally and personally.
A deep understanding of business operations:
A thorough understanding of how businesses operate — from start-ups to multi-national corporations — is essential for success as an accountant. You’ll learn about business procedures, regulatory compliance issues, and tax laws as you earn your degree. You’ll also develop financial analysis skills that will serve you well whether you work in public or private accounting.
Greater job security:
Many factors — from increased regulation of financial reporting to globalization — have made solid educational credentials a must for anyone seeking a career in accounting. As a result, accountants tend to enjoy greater job security than many other professionals. And when it comes time for layoffs, those with accounting degrees are often among the last to be let go.
There are many reasons why getting an online accounting degree may be the best decision for your future — especially if you choose one of the most affordable online accounting degrees! An affordable online accounting degree will give you the education and opportunity to enter into this stable and high-paying profession. According to the Bureau of Labor and Statistics, the employment of accountants and auditors is projected to grow 10 percent from 2019 to 2029! So what are you waiting for? Start researching which online accounting degree is right for you!
