A Master’s degree in Accounting is a valuable asset in the job world. Students who plan to pursue a higher degree may have several issues that are perceived as obstacles. Time, money and misconceptions are usually at the root of these worries. There is financial aid available, and all other worries can be solved by understanding the benefits of an online accounting Master’s degree program.
1. More Accounting Job Opportunities
The biggest benefit of earning a Master’s degree in accounting is the salary difference. Students who have a Bachelor’s degree can make decent money. However, it may not be enough to cover all of life’s expenses and student loans. According to BLS data cited by Chron, accounting graduates who had a bachelor’s degree earned about $20,000 less annually than the average recent graduate with a Master’s degree in Accounting. Since most jobs require a Master’s degree and view online programs equally with campus-based programs, it is a smart choice for diversifying options.
2. 24/7 Access To Accounting Experts
One great advantage of an online Master’s program is having access to experienced accounting professors at all times. While they may not be on instant chat every day, they typically respond quickly. Students can send emails any time, and they can also post in peer discussion forums for help with non-urgent questions. With campus-based classes, professors usually have specific hours of availability. In online formats, they often respond to text messages and emails during the weekend and during evening hours. Some may even accept calls at these times. This gives accounting students with busy lives access to help when they need it.
3. Flexibility To Accommodate Life
Online accounting Master’s degree programs come with more flexibility than campus-based classroom courses. Although there are weekly deadlines for activities, students are free to complete their work whenever they have time. Accounting majors who have jobs, families and social commitments can still get the education they need without making sacrifices in their personal lives. Also, many online programs can be completed at a slower pace or can be completed one class at a time. This provides the benefit of being able to focus on one subject and learn it thoroughly instead of juggling information from multiple classes at once.
4. More Time For An Internship
With the flexibility afforded by an online accounting degree program, students have more time to focus on other important tasks. One of these tasks should be completing an internship. This will provide practical experience and a good item to add to a resume. Students who are enrolled in a Master’s program for accounting have an easier time absorbing and retaining what they learn when they have the chance to put their skills to use with an internship.
5. Networking And Job Placement Assistance
Since online students would otherwise feel isolated from their school, online schools work hard to reach out to them and help them find employment. From internships to permanent post-grad job placement, students in online programs have access to useful benefits. The schools work with many companies to help put graduates in favorable employment positions. In addition to job placement services, some professors, advisers and other staff acquaintances can provide references and be listed as contacts on a resume.
There are other benefits of working online to earn a Master’s degree in Accounting. Students save money on transportation costs, supplies and much more. With online education offering so many helpful bonuses to accounting majors, now is the best time to enroll in a Master’s degree program.
Additional Resource: Top 10 Best Online Accounting Degree Programs