Earning a bachelor’s degree in accounting is a challenging but rewarding academic experience that opens doors to numerous career opportunities. While general education courses in subjects such as English, history, and science, will be required to earn a degree, students in the accounting program will also focus on coursework in taxation, managerial accounting, auditing, financial accounting, and accounting information systems. Learn more about Pepperdine’s accounting program and the degree in general below
Which bachelor degree is the best choice to become an accountant?
While multiple fields of study can lead to a career as an accountant, earning a bachelor of science in accounting is the most direct option. Students who study accounting learn the fundamentals of accounting principles, auditing procedures, and taxation laws. Beyond earning a degree in accounting, a bachelor of science in finance can also be advantageous as students gain foundational knowledge in both accounting and finance.
What are some of the requirements to become an accountant?
Though requirements vary according to the company or location, accountants generally must have earned a college degree, passed the Certified Public Accountant (CPA) exam, and have some professional experience. Honing analytical and communication skills, as well as being familiar with financial markets and business operations are also critical components to becoming an accountant.
Can I major in accounting if math is not my strongest subject?
The primary focus of accounting entails analyzing financial data, preparing financial statements, and assuring adherence to tax laws and regulations. Earning a degree in accounting can be challenging due to the complex nature of the subject matter, however it is not necessarily categorized as math-heavy. Students who are dedicated, diligent, and hard-working can successfully earn an accounting degree.
What does the path after graduation look like for an accountant?
Obtaining a degree in accounting is the first step to entering the field. Many accounting programs offer internships that allow students to gain relevant work experience before graduating. Additionally, obtaining a Certified Public Accountant (CPA) license may require several years of work experience but there are alternative paths to entry-level accounting positions that do not require licensure.
What is the average salary of an accountant?
Obtaining a bachelor of science degree in accounting can be a beneficial investment in one's future. In 2021, the Bureau of Labor Statistics reported that accountants and auditors earned a median annual salary of $73,561. Job opportunities for accountants and auditors are forecasted to grow at a rate of 10 percent from 2020 to 2030, surpassing the average growth rate of all occupations.
What is the difference between earning a BA or BS in accounting?
The disparity between a bachelor of arts (BA) and a bachelor of science (BS) in accounting is centered on the distinct curriculum for each program. A bachelor of science in accounting generally requires rigorous coursework in mathematics and natural sciences, whereas a bachelor of arts in accounting is concerned with a more expansive exposure to liberal arts coursework. Both degrees can lead to a flourishing profession in accounting.
What classes are required for an accounting degree?
The specific classes required for an accounting degree may vary depending on the program, but typically include courses in financial accounting, managerial accounting, auditing, taxation, information systems, economics, and business law. Additionally, the majority of accounting programs require courses based in mathematics such as calculus and statistics.
What skills do you need to be an accountant?
Successful accountants are skilled in the following areas: analytical and critical thinking abilities, unwavering focus on details, exceptional communication, and the capacity to perform effectively under demanding circ*mstances. Having proficient knowledge of financial markets, tax regulations, and business operations is also indispensable.
In summary, the study of accounting can lead to a successful post-academic career for those interested in accounting principles and financial markets. While the degree requires hard work, dedication, and attention to detail, anyone can succeed in the program with effort. Obtaining an undergraduate degree in accounting is the first step towards a successful career and opportunities for work experience, available through internships and alternative entry-level positions, can help make it a reality. If you’re interested in becoming an accountant, explore more about Pepperdine’s accounting degree program.
FAQs
What classes are required for an accounting degree? The specific classes required for an accounting degree may vary depending on the program, but typically include courses in financial accounting, managerial accounting, auditing, taxation, information systems, economics, and business law.
What requirements are needed to study accounting? ›
Admission requirements:
- Academic: Any national diploma or degree from an accredited institute (NQF level 6 or higher)
- Practical: 2 years relevant finance department experience or as a trainee in practice.
- Exams: Completion of a course and assessment in ethics.
Most accountants begin their careers with a bachelor's degree in accounting. A bachelor's degree typically requires four years to complete. The coursework includes an extensive study of accounting principles and an overview of business management. Individuals pursuing a CPA license will need additional education.
What do I need to know before taking accounting course? ›
Math Skills Are Necessary
Accounting requires a deep understanding and interest in complex mathematical skills like algebra, statistics, and calculus. Coursework for an accounting degree may begin with relatively basic algebra but can quickly escalate into more advanced math topics.
What requirements do you need to be an accountant? ›
Skills and knowledge
- knowledge of economics and accounting.
- maths knowledge.
- to be thorough and pay attention to detail.
- administration skills.
- analytical thinking skills.
- the ability to work well with others.
- ambition and a desire to succeed.
- excellent verbal communication skills.
Earning a degree in accounting can be challenging due to the complex nature of the subject matter, however it is not necessarily categorized as math-heavy. Students who are dedicated, diligent, and hard-working can successfully earn an accounting degree.
What are the requirements for accounting and finance? ›
Holder of KCSE certificate with a minimum mean grade of C+ plus a minimum of C in both Mathematics and English/Kiswahili; Holder of KCSE certificate with a minimum mean grade of C+ plus a minimum of B in bridging course offered in the University of Nairobi with at least a C- in the subject at KCSE.
Does accounting require math? ›
Arithmetic. Basic arithmetic—addition, subtraction, multiplication and division—is at the core of the accounting math skills that accountants need. Companies rely on accountants to square their balance sheets, ensuring that the organization stays in the black.
What are the 5 major things in accounting? ›
Five main types of accounts appear in a COA: assets, equity, expenses, liabilities, and revenues.
What is a bachelor's degree in accounting called? ›
Bachelor of Science in Accounting
A Bachelor of Science (BS) in Accounting prepares students for entry-level professional positions in public, private, and government accounting. Some schools call this degree a Bachelor of Accountancy.
Very. The overall CPA Exam pass rates hover slightly below 50%. This makes passing the CPA Exam a difficult, but achievable, goal. You'll need to study wisely, set a strategy for managing your time, and call on your support network, but with the right plan and good study materials, you will conquer it.
Is a bachelor's in accounting worth it? ›
An accounting degree lays the foundation for many careers in business, including entrepreneurial ones. Once you gain experience and establish business contacts, you may consider starting your own business. Whether in tax accounting or consulting, you can pursue several avenues with an accounting background.
Is it hard to study accounting? ›
Accounting is often considered to be one of the most intense college majors there is. Students are required to take very rigorous courses in a number of different subjects. In addition, the core coursework required in accounting can be daunting and takes much studying and preparation.
Can I be an accountant with a math degree? ›
That's what you did for four years as an undergraduate, learning and doing algebra, calculus, differential equations, discrete mathematics and more. You strengthened your problem-solving abilities, learned to think mathematically and sharpened your analytical skills.
Is being an accountant worth it? ›
Even when you love your job, the salary is still important. With accounting, the potential for professional growth goes hand in hand with the earning potential. According to the Bureau of Labor Statistics (BLS), the median annual salary for accountants is around $69,000. However, the top 10% make up to $108,000.
What grades do you need to study accounting? ›
Mean grade of C+ (Plus) at KCSE and at least a C (Plain) in Mathematics or Business Studies, and C+ (Plus) in English Or 2 Principal passes and 1 Subsidiary at A' Level plus at least a credit in English and Mathematics at O'Level.
How many years is bachelor's degree in accounting? ›
How Long is an Accounting Program? A traditional campus-based accounting bachelor's degreee program generally takes students four years to complete.
How many years is accounting science? ›
The BCom (Accounting Sciences) is a three-year degree programme and is followed by one postgraduate year to obtain a PGDip in Accounting Sciences which will provide access to the first SAICA professional exam, namely the ITC (Initial Test of Competence).
