With student loan debt being such a big subject these days, it’s logical that anyone thinking about pursuing a master’s degree would want to perform some preliminary study. Business degrees are generally viewed as a “safe” option because there is always a demand for those with business abilities.
How might an online program assist you in achieving your goals? Is an accounting master’s online worthwhile? Is it a feasible professional path? We’ll look at how a BSU Online program can assist in this article!
What Is the Difference Between a Master’s Degree in Accounting and a Master’s Degree in Business Administration?
A master’s degree in accounting prepares you for a variety of business positions, focusing on accounting analysis, financial management, corporate financial law, and tax regulations. It is suitable for people who are interested in finance and want to truly learn the topic.
The process of managing business-related activities is referred to as business management. Some firm executives are in charge of entire organizations, while others are in charge of certain divisions. To guarantee that the organization’s objectives and goals are realized, business managers routinely organize, coordinate, and direct firm resources, including staff.
If you already work in finance or want to change careers, a master’s degree will allow you to become a qualified financial professional.
What Are the Advantages of Earning a Master’s Degree in Accounting Online?
Earning a master’s degree in accounting entails far more than merely opening the door to a profession in accounting. There are several advantages to earning this specific master’s degree. The first advantage is that you will have an easier time studying for the CPA test. CPA stands for Certified Public Accountant and is necessary when applying for any level of accounting work. This 150-hour exam will assess your knowledge and abilities gained throughout your degree program. It is a difficult exam, with only around half of those who take it passing.
What Are the Degree Options for an Accounting Master’s Degree?
Being an accountant is only the tip of the iceberg in terms of the prospects available to someone with a Master’s in Accounting. With this sort of degree, you can follow many different pathways.
With a master’s degree in accounting, you can pursue the following professional paths:
Accountant for the Prosecution
Forensic accountants are financial specialists who utilize their knowledge to evaluate an individual’s or a business’s finances. This sort of accountant specializes in the search for criminal evidence. Forensic accountants typically work with banks, law enforcement agencies, and insurance firms.
Accountant for Taxes
Tax accountants are those who specialize in taxation. These accountants examine their customers’ taxes, conduct audits, and provide expert guidance to those who are having difficulty managing their taxes.
Analyst of Finance
Financial analysts are experts who help individuals and corporations make better financial decisions. As an analyst, you will do extensive research to develop effective investing ideas. You may also be requested to make financial choices on behalf of your customers.
Internal Examiner
Internal auditors are in charge of assessing and auditing financial data. An internal auditor may be required to examine a company’s financial statements or records to verify there are no inconsistencies. Individuals in this position often audit budgets for individual divisions inside a firm.
Financial Advisor
A financial planner is a specialist who helps their customers better manage their finances and achieve their financial objectives. Financial planners assist clients in a variety of ways, including budgeting, retirement planning, major investment planning, and tax preparation.
Why pursue an Accounting Master’s Degree Online at BSU?
You may be asking why you should pursue an accounting master’s degree online from BSU now that you know what it can achieve for you. BSU provides a wide range of perks to students pursuing this degree to guarantee their success.
Flexibility
We recognize that people may not always have enough time to devote to their education. To accommodate your busy schedules, we offer both full-time and part-time positions.
As an online program, you may complete your master’s degree at any time of day or night. The flexible schedule allows you to keep all of your regular obligations while maintaining the quality of your education.
Personalization
No student at Boise State University is restricted to a single degree. Every student can tailor their degree program to meet their own educational goals. This is also true for our Master of Accounting program. Economical, taxes, data and analytics, and financial management are some of the strongest pairings for our Master of Accounting.
Unrestricted Help
Students at BSU will have access to unlimited help 24 hours a day, seven days a week. Our highly qualified staff can assist you at any time during your program.
Increased Earning Potential
Our Master of Accounting program can help you boost your earning potential by providing you with information and skills. According to the Bureau of Labor Statistics, the average annual compensation for an accountant is $78,000. Master’s degree holders can combine industrial experience and skills to qualify for senior and management jobs.
Classes Available in an Online Master of Accounting Program
At BSU, you may study a wide range of accounting-related disciplines, including:
- Taxation
- Auditing
- Financial analysis
- Business law
- Accounting ethics
- Financial information systems
- Financial management
- Financial reporting
When looking for an online accounting degree, ensure that the program is AACSB-accredited. This signifies that the Association to Advance Collegiate Schools of Business (AACSB) has examined and approved the program. The College of Business and Economics and the Department of Accountancy at Boise State are among the less than 1,000 schools that hold this certificate.
Find Out More from BSU Today!
Are you prepared to launch your future career? We’re here to assist! Visit the Boise State University website to learn more about our vast array of online programs. Contact us at any moment to talk with one of our helpful admissions consultants. They will be delighted to guide you through the program’s specifics and get you started.
