Accounting degree- Worth it or worthless?

High school is over and you must now decide which career path you want to follow. You may have weighed all your options and decided that you want to follow a career in accounting. Yet, if you still have doubts that you have made the right choice, don’t worry, this article will tell you why an accounting degree is worth it.

Becoming an accountant isn’t easy. It takes dedication, hard work, and an investment of a significant amount of time and money for taking a bachelor’s degree in accounting. However, despite all that, we have gathered the most important reasons why you should commit to all of it and follow a career in accounting.

High estimated salary

Before you decide on following any type of career, you most likely want to know whether your investment of time and money is worth it in terms of salary. Now, it is impossible to say how much you will be paid as an accountant, considering that every employer is different. Yet, according to 2017 data from the Bureau of Labor Statistics, the median annual salary for accountants was worth $69.350 for their Regnskapstjenester. Obviously, it is up to you whether you consider this number good enough for your future career annual paycheck.

Numerous jobs available

Graduating an accounting degree offers you more job opportunities than you would imagine. If you are thinking about being an accountant, that’s absolutely great. However, don’t think that a degree in accounting limits your job opportunities to only being an accountant.

Accounting degrees open the doors to a lot of job titles including financial analyst, bookkeeper, financial advisor, accounting manager, tax professional, payroll specialist, loan officer, compliance analyst, and, obviously, accountant.

All these job titles involve understanding numbers and being good at tracking them, however, each of these positions requires a certain set of additional skills too. So, you can choose between all of them which one you think suits you the best. For example, if you are passionate about Enkel regnskapsføring, you can simply choose to work in a large company as an accounting manager.

Accounting is a stable career

Another factor you need to consider when choosing a career over another is the stability of the career in the long term. Following an accounting degree is worth it only if your future career will still be relevant even many years from now.

However, as long as the concept of money and the concept of taxes will exist in our world, there is nothing you should worry about. In fact, a study has shown that jobs for accountants are expected to grow by 10% by 2026. So, it seems like there is an optimistic future for aspiring accountants and you may get the chance to work in the best Regnskapskontor Oslo.

Unfortunately, there is no one-size-fits-all answer to whether an accounting degree and future career are worth it or not. However, considering the aspects above, it does seem like accounting offers some great career opportunities. Yet, the answer is all up to you. And, if you love working with numbers, getting an accounting degree seems like a good idea.