If you are interested in starting a career in accounting following graduation, knowing how to specialize an accounting degree is extremely important. When you specialize your degree in accounting, you become a much more interesting candidate for positions in the field and in turn will get more attention from employers. For prospective accounting students or undergraduates who have finally decided to declare themselves as accounting majors, choosing a specialty can be a time-consuming process. Here is valuable information on the various ways that you can specialize your degree to gain knowledge as a specialist in the accounting profession.
Specializing Your Accounting Degree By Choosing a Minor
Most positions in accounting require you to have a minimum of a bachelor’s degree. While most accounting students will select an accounting or finance major, there are ways to specialize your undergraduate education by choosing the right minor. By minoring in different areas of study like business, finance, education, health, law, government, economics, or ethics, you can get expansive knowledge in the area of accounting that you want to work in. Another option would be to declare yourself as a double major in both areas so that you get even more specialty knowledge, but doing this will require about one to two extra years of studies.
Take an Advanced Degree Program and Earn a Specialized Degree
After you have a specialized knowledge in multiple disciplines, you can go a step further and enroll in an advanced graduate degree program. When you earn a master’s degree or an MBA, you will take courses with an emphasis on accounting and specialty areas in accounting. A majority of the specialization options are earned by completing a Master in Accounting program and not necessarily an MBA. If you would like to study for a specialized education in accounting, you can select from several different concentrations and specializations. According to the American Institute of CPAs, some of the various specialty options that you can choose from include:
- Business Valuation
- Information Technology
- Environmental Accounting
- International Accounting
- Financial Planning
Specializing Your Degree With a Professional Certification
After you have earned your bachelor’s degree, the next step to becoming a specialist without even specializing your degree is to get certified. An accounting certification shows that you have a specialized knowledge and that you are committed to the field. You can specialize in government accounting, public accounting, private accounting, the retail sector and more. According to Investopedia, some of the most popular certifications include: certified public accounting, certified management accountant, certified internal auditor, certified fraud examiner, enrolled agent, certified government auditing professional, accredited tax preparer, certified bookkeeper, accredited business accountant and certified forensic accountant.
Related Resource: Internships Available in Accounting
After you have earned your degree, you can then pursue a career in accounting. When you add your specialized degree or your professional certification to your resume it is much more likely to spark the interests of recruiters with employers and accounting firms. Many organizations that offer certifications do have professional experience and educational experience requirements. Check with your state so that you know exactly what you must do to accomplish your goals. Now that you know exactly how you can specialize an accounting degree instead of just earning a general degree, you can take your future accounting career to the next level.