I’m considering my options for entering the Accounting field. I currently hold a bachelor’s degree in business management and have taken a few MBA courses before deciding to leave. I’m not sure if pursuing a certificate in Accounting would be sufficient to secure a job, or if I should aim for a master’s degree instead. My background includes only 3 or 4 courses in Accounting and finance during my undergraduate studies, and I don’t recall much from those classes, so I’m also wondering if I would need some refresher courses.
Additionally, my job offers $10,000 a year in tuition assistance for select schools, but I’m uncertain if I’ll be with the company long enough to take full advantage of it. What would be the best approach for me to break into the accounting field? Any advice would be greatly appreciated!
One response
It’s great to hear that you’re interested in transitioning to Accounting! Given your background, there are several factors to consider in making your decision between pursuing a certificate or a master’s degree.
Certificate Programs: A certificate in Accounting can be a great way to gain foundational knowledge and skills specific to the field. Many entry-level Accounting positions only require a certificate or an associate’s degree, so this could be a practical choice to get your foot in the door. Look for programs that offer coursework in key areas like financial accounting, managerial accounting, taxation, and auditing.
Refresher Courses: Since you mentioned that you don’t remember much from your previous accounting classes, it might be beneficial to take a few refresher courses. This will not only help you build your confidence but also ensure that you have a solid grasp of the concepts before entering the workforce.
Master’s Degree: If you’re considering long-term career growth in accounting, a master’s degree (like a Master of Accountancy or an MBA with a concentration in accounting) can open up more advanced opportunities, such as higher-level positions or specialization in fields like forensic accounting or tax accounting. However, this is a bigger time and financial commitment.
Job Market & Experience: Depending on the job market in your area, many companies are open to hiring candidates for entry-level accounting positions even if they only have a certificate or some accounting courses. Gaining relevant experience through internships or entry-level jobs can be incredibly valuable, even if you aim to pursue a higher degree later.
Tuition Assistance: If your job offers $10K in tuition assistance, it’s worth exploring if you stay long enough to benefit from it. This could significantly offset the cost of a master’s program if you decide to go that route in the future.
Next Steps:
– Consider enrolling in a certificate program while taking a few refresher courses.
– Network with professionals in the accounting field to learn more about potential job opportunities and requirements.
– Look for entry-level positions or internships that will allow you to build experience.
Ultimately, starting with a certificate could be a strategic way to transition into accounting while keeping the option for further education open. Good luck with your journey!