Thinking of getting a distance learning degree in accounting? Bit confused by all the different online accounting degree programs and knowing which one is right for you. (Spoiler alert: It depends on what your eventual career will be.)
Here is a simple guide to navigating the various kinds of online accounting programs that are out there and suggestions for choosing the right accounting classes to help you achieve the career of your dreams.
Accounting Distance Learning Degree No. 1: Fastpass to a Career (AA)
Not all schools offer an online AA degree, but many distance education institutions do provide some form of 2- year online accounting program.
Generally, an AA degree in accounting provides instruction in basic accounting procedures–and payroll accounting principles–allowing graduates to bypass a traditional 4-year program and immediately jump into the job market as a bookkeeper, billing clerk, or payroll clerk.
Accounting Distance Learning Degree No. 2: Diverse Education (BA)
If you’re looking for a more broad exposure to accounting, along with a good solid steeping in interdisciplinary courses, then a BA degree in accounting might be your best bet.
Four year programs in accounting, which for years was the traditional route most accountants chose, will give you a good broad backgroundin accounting, complete training in accounting methodology, and, also, exposure to the latest technological advances.
Though some people use the online BA accounting degree as an initial step toward graduate accounting study, the bachelors will qualify you for any entry-level jobs in accounting–as well as a large portion of many mid-level accounting positions.
Accounting Distance Learning Degree No. 3: Going Beyond (Graduate)
So if you’ve got the B.A. in your backpocket, even if it happens to not be in accounting, then you’ll probably benefit most from an online graduate accounting degree.
There are generally two different ways to go:
1) An MBA (Master’s of Business Administration) with a much-needed emphasis on accounting and a 2) Master’s in Accounting
Both programs do prepare you for a managerial career in accounting. But they are radically different in what they prioritize.
MBA’s will give you a much broader spectrum of knowlege that is applicable to various business sectors of a company.
The other program (MaCC) is a laser-focused program in accounting which covers areas usch as tax consulting, auditing, taxation, etc. It also has hard-core training for the CMA and CPA exams.
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