Academy College offers programs in Aviation, Business, and Computer Science; however, the history of the college is grounded in Accounting. Academy College’s history in Minneapolis and Saint Paul goes way back to 1936, when we were known as the Academy of Accountancy. We have grown in many directions since then, but Accounting remains at the foundation.
Indeed, there was a time when Accounting was many people’s idea of a “solid” career. Today, with the social media craze and the corresponding explosion of entrepreneurial activity, many people have come to see Accounting as a more “old-fashioned” profession with too many numbers!
And yet, Accounting is as strong and promising a career choice as it has ever been.
- According to the Federal Government’s Bureau of Labor Statistics, the 2017 median salary for all Accounting jobs is $69,350
- Growth outlook is expected to be faster than average for all other occupations.
- The Bachelor of Accounting degree at Academy College allows students to sit for the CPA exam.
- Opportunity to work in large corporations or small businesses.
- Improving technology allows accountants to spend more time on business strategy and less on manual tasks.
Five Advantages to Choosing a Career in Accounting
Diverse Working Environments – Think about what type of work life you would prefer. Accountants have the opportunity to work in many different types of work environments, from Fortune 500 companies to small businesses. Some accountants travel frequently for work, while other work the more predictable schedule that suits some preferences.
Variety of Subspecialties – When people in other fields think of accountants, they often think of tax specialists. Yet accounting graduates can do so much more than that. There are many subspecialties within the field, including forensic accounting, financial planning, and real estate appraisal.
Starting Your Own Business – Many of today’s college graduates are highly entrepreneurial. Having a knowledge of accounting is one way to be sure that your new business is on a strong financial footing.
Potential for Advancement – Most people in the accounting field are promoted within the first two years or so. If you work for a large corporation, the sky is literally the limit when it comes to opportunities for advancement. Many Chief Financial Officers have an accounting background, as well as a corner office!
Positive Job Outlook – If you are going to invest time and money into an education, it is very reasonable that you will want to have a good chance of finding a job after you graduate! As you can see in the table above, the job outlook for the accounting profession is very positive. When you choose a career in accounting, you know that you will be a graduate who is in demand!
Source: Bureau of Labor Statistics, Occupational Outlook Handbook
https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm