Master of Science in Accounting

Master of Science in Accounting Resources

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The Importance of Continuing Education

The prospect of continuing your education as an adult can be intimidating, but doing so can also be extremely rewarding. After all, advancing your education is one of the best ways to invest in yourself and in your career. Obtaining a master’s degree in accounting allows you to learn more, develop expertise, and, ultimately, showcase more advanced skills to employers.

Improve Yourself

Whether you have been in the accounting field for years or you just graduated with your bachelor’s degree, pursuing a more advanced degree is an important step in improving yourself and your career prospects. You can make important connections, learn a whole new set of strategies and skills in your field, learn to think more analytically and work toward becoming an expert in your field.

Graduate school will also better prepare you for the Certified Public Accountant or Certified Management Accountant exams. These exams offer you the opportunity to earn new certifications, not only improving your standing in your industry, but also improving your qualifications if you are seeking a promotion or a new position.

Stay Competitive and Stand Out

Continuing your education can prepare you to compete in a rapidly changing accounting landscape. Accounting technologies, rules and regulations are always evolving, and an advanced degree can help to prepare you for the latest changes. Further, it can prepare you to learn quickly and adapt to new trends faster than others.  Indeed, as an online student, you may already be technology savvyworking toward your master’s degree online offers you a distinct advantage in a tech-driven world.

Additionally, a master’s degree can open the door to a new and more advanced set of career opportunities. With these opportunities often comes increasing earning potential as well. For instance, the median annual salary for those with a master’s in accounting is nearly $36,000 higher than for those with a bachelor’s degree.

Develop Expertise

Beyond enabling you to remain competitive, continuing education can help you develop expertise. The in-depth knowledge an advanced education can provide offers you the unique ability to specialize in a complicated, specialized area of accounting. Such areas include but are not limited to forensic accounting, financial management, budget analysis and advanced managerial accounting.

Expand your Professional Circle

Continuing education is also an excellent way to make new professional connections. Relationships with fellow students and teachers can be both personally and professionally rewarding. Whether attending classes in person or online, gaining a master’s in accounting online or in person places you in a vibrant community of like-minded accounting professionals.

If you are interested in continuing your education, consider earning your accounting degree online with Maryville University’s master’s in accounting online degree program. Our focus is on advanced accounting skills, emerging trends and today’s most important business considerations and strategies. 

 

Sources:

https://www.devex.com/news/opinion-the-right-and-wrong-reasons-to-go-to-grad-school-89037

https://www.usnews.com/education/best-graduate-schools/articles/2016-03-16/the-roi-of-graduate-school