When you’re choosing an online college major, you might have considered accounting. But one question may play in your head: is it worth it? The answer is obvious — it’s a resounding yes!
Here are some of the points that explain why accounting is a good major.
Accounting is here to stay
Numbers, figures, and taxes are among the constants that make societies function. So, it only follows that accounting will remain a necessity. Even if accounting technologies exist, these will still need operators who have strategic contribution and critical thinking skills.
A degree in accounting is a good foundation for other endeavors
A common impression about accountants is that they work long hours in their cubicles. However, accounting is not just about getting a license and being a finance manager. It’s a great foundation for being a businessman, a lawyer, and in some cases, an economist. And because accountants usually have strong business acumen and tend to develop excellent decision-making skills, a lot of them have managed to become part of top leadership groups or C-suites.
It helps you develop valuable skills
As an accounting student, you will develop hard skills, such as cost management, internal controls and audit, tax and liabilities, obligations and contracts, and even financial statement writing. On the other hand, you will also have a chance to develop skills that can be transferred to other professions or industries. These include critical problem solving, big-picture thinking, organization, time management, and corporate communication.
So, are you interested now? If yes, it’s time to analyze if you have the starter strengths that will help you thrive in the program. If you think you don’t possess them, don’t worry, as you still have the time to develop them. Just work hard and seek the advice of your teachers and program counselors.