Pursuing an advanced degree in any field gives the graduates a chance to enhance their career opportunities in the future. And for those, who are involved in accounting, the decision to get a master’s degree will help them sharpen their analytical skills and reward them a position alongside business decision-makers as a corporate accountant, financial and budget analyst, auditor, or even a certified public accountant.
A master’s degree in accounting is achievable and the student pursuing it can find management-level role in any industry, such as finance, insurance, high tech, construction, manufacturing, and government. Apart from this, an individual gets many other benefits that can take him at the peak of success.
Our accounting dissertation help experts have listed six great benefits of pursuing a master’s degree in accounting. Take a look!
1. Vast career options
When you enroll for a particular degree, your career path becomes definite. However, if you have a master’s degree in accounting, then a vast range of career options is available to you. As MAcc offers a well-rounded education, students can master in-depth principles. It also makes easier for them to qualify for the certification in professional accountancy (CPA). And if accounting professionals have both master’s degree and CPA distinction, then they can go a long way in their careers.
2. Job security
No matter which degree you are pursuing, keeping job security in mind is very important. Individuals in many competitive fields struggle hard to find a job but having a master’s degree in accounting opens a way for tons of job opportunities. From auditor to a personal financial planner and from taxation specialist to a CPA, you will be eligible to get many roles straight out of school.
3. Different degree paths
One of the outstanding benefits of this course is different degree options. Two popular paths are Master of Accounting and Master of Science in Accounting. MAcc is designed for undergraduates with a degree in arts or general business and also for individuals who have worked in this field for many years. MS program, on the other hand, is tailored to students with a graduate degree in accounting and aspire to enter the public accounting sector.
4. Long-lasting careers
Yahoo! Education ranked accounting as one of the top careers in the world, and it is bound to last. As all big and small companies, non-profit organizations, government agencies, and individuals need the help of accounting experts in keeping their financial assets well-ordered, accounting professionals can have long-lasting careers.
5. A career before graduation
The National Association of Colleges and Employers found that accounting students led all other graduates who were employed in their field of study before graduation. Students are offered jobs before a four-year degree by many accounting firms while some, who want to pursue a master’s degree, get tuition benefit programs from many organizations.
6. Plenty of earning potential
A job that pays enough to lead a comfortable life is something we all strive for. Working in accounting field gives you the potential to afford that lifestyle. According to the Bureau of Labor Statistics, the median annual salary for an accounting graduate in 2016 was $68,000. Many professionals, who have been in the field for many years, get extra benefits, such as healthcare, vacation time, retirement plans, and more.
These are some exceptional benefits that an individual gets from a master’s accounting degree. So, if you are planning to take up this advanced course, then you must go for it. In case you are already pursuing it and worried about your pending dissertation report, drop the burden on us.
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