Is It Necessary to Continue On to a Master’s in Accounting or is a Bachelor’s Degree Good Enough?

Is It Necessary to Continue On to a Master’s in Accounting or is a Bachelor’s Degree Good Enough?

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Are you considering enrolling in an online bachelors of accounting program at a top-rated school such as Maryville University? Or maybe you’re already in your bachelors of accounting and are getting ready to graduate soon. Have you found yourself wondering if that will be enough or should you continue on and get your masters in accounting?

Here we’ll take a look at the pros and cons of continuing on with a master’s program, so you feel better prepared to make that decision.

Qualify for Higher Paying Jobs

If you’re looking for a way to land that high-paying job then there’s a good chance you’re going to need to get your master’s degree. This is exactly how you position yourself for the jobs that have median salaries of $100,000+. That isn’t to say that you can’t make decent money in the careers your bachelor’s degree in accounting set you up for; they just won’t be quite as lucrative.

Get that Competitive Edge

Another way a master’s degree can help is that it can provide you with the competitive edge you’ll need to land a job. As potential employers go through resumes, it’s only natural that the candidate with a master’s degree is going to stand out. This single factor alone can land you a job and help you get your foot in the door.

Open Up More Doors

For the student who isn’t quite sure what they want to do with their life yet, a master’s degree is a great way to open up more doors. It’s a way of making sure your options are not limited simply because you failed to enough schooling/professional training. Even if you don’t need the masters for the job you end up taking, who is to say you won’t need it down the road? It’s normal for people to change jobs a number of times in their life, so there’s a good chance that a master’s degree will come in handy later on.

Graduate school can also be the place that helps you figure out the right career path for you. Because it gets more skilled and technical, you get a better sense of what you’re good at, what you enjoy, and what you want to be doing with your life.

Get Some Help with Networking

A huge benefit to graduate school is the fact it provides you with an opportunity to start networking. That’s right – you don’t even have to wait until you are out in the field. During graduate school, you’ll be meeting industry experts, fantastic contacts, and you can start to build your resume as you go. Again, it’s all about giving you that edge that will help land you a job outside of school.

Not Necessary but Certainly Not a Waste

In the end, it’s not necessary for a person to pursue their master’s in accounting just to get a good job, but it certainly offers a number of benefits that many students are grateful to have once they get out into the workforce.

Career Management reference:

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Categories: Advanced Education