What to Expect from an Online Program
As an online student working to earn your bachelor’s in accounting, you’ll take courses that introduce you to foundational accounting principles, cost management, cost analysis, taxation, accounting information systems, auditing, accounting research, financial management and income tax planning. Typically, you’ll take around 70 credit-hours online and ultimately earn your B.S., B.A. or B.B.A in Accounting. No matter which degree you earn, you’ll be qualified to work as an accountant.
Initial courses will cover the basics. After you understand the essentials of accounting, you’ll delve into more complex concepts meant to prepare you to handle any financial situation in the business world. By the end of your degree, you’ll be equipped to work as an accountant at a small business, large corporation or government entity. You’ll also have taken all of the necessary credits to qualify for and pass the CPA exam; this credential will open endless doors in the professional world.
We’ve compiled a list of prerequisite and core courses from our top school, Indiana Wesleyan University, to give you specific examples of the kinds of classes you’ll be taking.
- Accounting Principles I
- Accounting Principles II
- Accounting Ethics
- Accounting Information Systems
- Advanced Accounting
- Business Law
- Federal Income Tax I
- Federal Income Tax II
- Intermediate Financial Accounting I
- Intermediate Financial Accounting II
- Management and Leadership
- Managerial Cost Accounting I
- Managerial Finance
AICPA/Accountemps Student Scholarship Award: A $10,000 award given out to four students each year to cover expenses associated with the pursuit of an accounting undergraduate or graduate education.
AICPA Scholarship Award for Minority Accounting Students: An award ranging from $1,000 to $5,000 given out to underrepresented racial minority students pursuing an accounting undergraduate or graduate education.
The Education Foundation for Women in Accounting (EFWA) Undergraduate Scholarships: A series of awards for women pursuing postsecondary accounting education at all levels. Scholarships given to applicants based on qualifications like need, academic merit and nearness to degree completion.
Frank L. Greathouse Government Accounting Scholarship: A $7,000 scholarship awarded to two undergraduate or graduate students pursuing an accounting education that they can show is putting them on the path to a position in state or local government.
Minorities in Government Finance Scholarship: A $7,000 scholarship awarded to upper-division undergraduates or graduate students that belong to a racial minority group and are pursuing a course that will lead them to finance position in state or local government.
National Society of Accountants (NSA) 15-16 Scholarship Program: A collection of accounting scholarships ranging from $500 to $2,200, given to undergraduates pursuing accounting and college applicants who intend to.
As long as there are businesses, accountants will remain in demand. Even during times of economic difficulty, accountants rarely struggle to find work. The Bureau of Labor Statistics (BLS) estimates that the number of job openings for accountants will grow approximately 13% by 2022. Though this is the average growth rate across most jobs, the field of accounting is so robust that it’s a great sign there’s still a steady need for more skilled professionals.
According to BLS figures, opportunities abound, especially for Certified Public Accountants. Some of the most common jobs available to graduates of accounting bachelor’s degree programs include: staff accountant, budget analyst, Certified Internal Auditor, comptroller, forensic accountant and Chief Financial Officer. It’s unlikely you’ll become the CFO of a major corporation as soon as you finish your degree. However, having a bachelor’s degree in accounting will definitely help you climb the ladder. Plus, the BLS estimates that accountants earn $63,550 per year on average. That’s certainly not a number to scoff at, especially if it’s your starting salary!
Source: PayScale; Collected August 2015