Business Management vs Accounting: Which Degree Is Right for You?

business accounting degree

Courses are taught by instructors with professional credentials and experience in accounting, taxation and fraud examination. Founded in 1932, Southern New Hampshire University is a private, nonprofit institution with over 160,000 graduates across the country. SNHU is accredited by the New England Commission of Higher Education (NECHE), a regional accreditor, which advocates for institutional improvement and public assurance of quality. Licensing requirements to sit for the CPA exam vary from state to state. Students are encouraged to review their state specific requirements. These accountants analyze financial documents and other information for internal use by company management to drive business decisions.

If you’re interested in becoming an investment management professional, the CFA is recognized as the industry gold standard. This designation is offered by the CFA Institute and requires many years of work and effort to achieve. Chartered financial analysts must pass a series of CFA exams, hold a bachelor’s and complete four years of qualified professional experience. Accounting graduate students take specialized courses in public accounting, forensic accounting, and auditing. This course introduces the complexity and functionality of managerial accounting systems within an organization.

Best Online Master’s In Accounting Degrees Of 2024

If you must maintain employment or tend to personal commitments while pursuing a degree, part-time enrollment may be the best option. While it takes longer to complete a part-time program, earning income while taking courses can relieve some of your financial burden as a student. The online BS program in accounting  at UNCG applies real-world coursework in taxation and auditing, preparing graduates to enter the workforce as accomplished specialists in the field. Each year, the BestColleges Ranking Team evaluates hundreds of online programs to produce our annual Best Online Bachelor’s in Accounting ranking. In 2022, the team sourced the most recent data available from the Integrated Postsecondary Education Data System and College Navigator, both of which are hosted by the National Center for Education Statistics. We identified 243 schools that qualify for our ranking list based on the following criteria.

business accounting degree

They then present reports and plans for the future, along with risk assessments and financial strategies. Rather than auditing an organization to create clarity and provide recommendations, forensic accountants investigate whether or not an individual or organization has committed a crime. These crimes may include embezzlement, money laundering, tax evasion or other means of fraud. Chief Compliance Officers also operate at the executive level, and are responsible for ensuring that the organization is compliant with applicable industry and state regulations, policies, and laws.

Insights from an accounting graduate

Accountants can become business consultants, advising companies on financial strategy, process improvement, and risk management. These experts offer advice and insights to help clients meet goals and resolve challenges. Specialized accounting roles focus on specific areas of accounting and financial management. These positions often require expertise in niche business accounting areas of accounting and may require additional certifications or qualifications, such as a MAcc degree. Coursework in our business degrees is relevant and taught by faculty with experience in their fields, helping you gain in-demand skills in a growing field. Project management focuses on planning and organizing all aspects of a project to achieve a goal.

business accounting degree

The choice of services offered by a firm can vary based on their specialization and expertise. Determine your career goals and take the necessary time to research various programs. Contact the admissions office at each university you are considering to learn more and ask specific questions about the online accounting program. To help guide people seeking a flexible way to obtain this graduate degree, Fortune is launching its first-ever ranking of the 11 best online master’s degree programs in accounting.

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