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Quick Facts: Accounting Industry

Median Pay:   $70,166 per year | $34 per hour
Entry-Level Education:   Bachelor's degree

Accounting Occupations:

  • Accountants and auditors$65,940
  • Financial analysts$78,620
  • Accountants and auditors$65,940

Online Bachelor of Accounting Degrees

To many individuals, the world of accounting sounds like the perfect career. It is one of the top financial careers in terms of forecast growth and employee demand, and it can be an incredibly lucrative employment option for the right candidate.

If you enjoy working with numbers and have a knack for finance, then you might be interested in pursuing a bachelor's degree in accounting. Students can opt to pursue this degree in a traditional college campus or through accredited online colleges for convenience and flexibility.

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Quick Fact
In 2017, workers with a bachelor's degree or higher had almost twice as much
median earnings per week than workers with only a high school diploma*.
*Bureau of Labor Statistics

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Read through this article to get a better idea about what to expect in an accounting degree at the bachelor level, what prerequisites you will need to pursue this degree, what kinds of careers you can look forward to after graduation and how you can pursue an accounting degree online.

What to Expect When Earning a Bachelor's Degree in Accounting

Aspiring accountants who plan to pursue a bachelor's degree in accounting should expect a program that takes roughly four years to complete and includes 120 credit hours earned through 40 different classes. Roughly one-third of your courses will be general education classes that are not directly related to accounting and might be in such subjects as English literature, communications, science or a foreign language. The remainder of your credits will focus on accounting topics such as financial accounting, business law, marketing, microeconomics, auditing and tax planning.

Prerequisites for a Bachelor's in Accounting

Those who want to pursue this degree should be over the age of 18 or have their parent's permission and also hold a high school diploma or a general education degree. Beyond these traditional requirements, some schools will have additional prerequisites like specific scores on the SAT or ACT exams, demonstrated interest in the field of accounting, entrance essays and applications or even references from high school teachers or employers who can attest to your motivation and education.

It is also important that any potential students have the time and ability to devote to a four year program. If you cannot commit to a course of that duration, then consider an alternate course of study or even an associate degree in accounting instead.

Careers and Options for Degree Holders

With a bachelor's degree in accounting, you will have lots of career options available to you including employment in finance, accounting, marketing and even sales. However, it is important to note that in order to become a CPA, or Certified Public Accountant, you will need to earn 150 credits rather than 120 as well as taking a licensing examination. Even if you choose not to become a CPA, you will have opportunities for employment in banks, insurance companies, as estate planners or as financial advisers for businesses and individuals.

Reasons to Consider Online Degrees Over Traditional Campus Programs

If you want to pursue a career in accounting but don't have the time to devote to a traditional four or five year college program, then online degree programs can give you the flexibility, convenience and affordability to make your career goals a reality. Unlike traditional college degrees, online degrees in accounting can be completed over the Internet whenever you have spare time. Many students pursue their bachelor's degree in accounting while simultaneously holding down a full time career or even taking care of their family during the day. You can progress through the curriculum at your own pace and graduate whenever you have completed all the materials and feel confident enough to move onto the next step in your career.

An online bachelor of accounting degree can be the perfect qualification to find you a lucrative and enjoyable career in the business world, so enroll today in one of the many programs offered through accredited online colleges.

Find out which accredited online college or university program best fits your specific needs. Enjoy the advantages of earning your degree while you work. It's all online for you.

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