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Old 08-30-2011, 11:49 AM   #7
Nessal


 
Drives: Exige, Miata, Ghia
Join Date: Jun 2011
Location: CA, Bay Area
Posts: 2,309
Quote:
Originally Posted by GnyaTek View Post
Not sure exactly what you are looking for here, but having an accounting degree (in place of or in addition to another) is a boost for just about any career. Having a dual degree in accounting and say engineering/science will give you an edge in most corporate settings by giving you the specific technical knowledge of your field as well as having an understanding of how the company makes a profit and the rules and requirements for various regulatory compliance.

Another option that is VERY popular now and helps many on their promotion track would be to get an MBA instead (or in addition). Most corporations really like seeing initials at the end of folks names and while it may not be required for promotions, it tends to help break the way forward for advances.

I did not pursue CPA, CMA, CIA or any other certifications at the time I got my accounting degree. I didn't see that the certification actually demonstrates anything other than a dedication toward short term retention of knowledge and test taking abilities. The certifications generally don't give an indication as to how a person will be able to apply knowledge. That said, certifications tend to be a method used to filter applicants ... it may be a lazy method by the screeners, but it is the realities of the world and as such holds specific value.

My suggestion is adding the accounting degree, a masters, or an MBA as well as acquiring any applicable certifications (including technical certifications in the non-business degree) could be a significant help toward career advancement, provided that the cost is manageable and within reach.

Feel free to shoot me a PM if you have specific questions.

I agree with this guy.

I got my BS in Accounting and have been working in accounting all my life. I did clerical work when I first started and now I have been transitioning more into finance(analytical work). I think it's a OK major to get into but I don't think you will be making the big bucks anytime soon. Actually now that I'm making my transition to finance, my pay got a bump too.

I actually studied for the CPA but at one point, I realized that this isn't something that I want to do for the rest of my life. So I pretty much gave up on that.

One thing that I realize in accounting on the lower level is that you really don't need a college degree. Yes, in certain aspects it HELPS you understand the fundamentals of what you are doing and how everything works. But that all can be taught on the job. You just need to be a detail oriented person and double check your work a lot.
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