How can I gain Accounting experience with a degree in finance? I frequently hear that enhancing your resume involves mastering Accounting skills. If that’s true, then why not pursue an Accounting degree (excluding the 150 credit requirement) and later switch to a finance role?
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Getting experience in Accounting with a finance degree can be quite beneficial, as many finance roles require a solid understanding of Accounting principles. Here are a few suggestions on how to build that experience:
Internships: Look for internships that require both finance and Accounting skills. These positions can provide hands-on experience with financial statements, budgeting, and analysis, which bridges the gap between the two fields.
Entry-Level Positions: Consider starting in an entry-level accounting position, like a bookkeeper or accounts payable/receivable clerk. This will give you practical experience with accounting tasks while you leverage your finance knowledge.
Certifications: Pursue certifications such as Certified Management Accountant (CMA) or Chartered Financial Analyst (CFA). These can enhance your accounting knowledge and show potential employers your commitment to integrating both fields.
Networking: Connect with professionals in both finance and accounting. Attend networking events, join LinkedIn groups, or participate in relevant associations. This can lead to mentorship opportunities and job referrals.
Online Courses or Workshops: Take advantage of online courses in accounting. Many platforms offer classes on essential accounting principles, which will strengthen your resume and give you the foundational knowledge you need.
Projects: Get involved in projects (even volunteer opportunities) where you can apply accounting skills. This could involve helping small businesses with their Bookkeeping or volunteer work for non-profits.
Leverage Your Finance Degree: Highlight the complementary skills of your finance background, such as analytical thinking and financial analysis, when applying for accounting roles. Employers often value the diverse perspectives you bring.
As for why not just pursue an accounting degree, it largely depends on your career ambitions and interests. A finance degree can provide a broader understanding of financial markets and investment strategies, which can be advantageous in various roles. By integrating accounting experience with your finance background, you’ll position yourself as a versatile candidate in the job market.