Accounting is a timeless trade and throughout the years, it has become a major player in the professional world. But what makes it such a fantastic career choice? Here are the top four pros of a career in accounting to help ignite excitement within you and assist you in deciding whether accounting might be for you.
What are the pros and cons of studying accounting?
1. You identify your path
Those who decide to study accounting are usually looking forward to an exciting future of crunching numbers. You have a clear vision of your career path, unlike those studying a degree that’s more “open” such as political science or English. Another bonus is that whilst studying accounting, you’ll receive specific training that’s directly applicable to your career, so you’ll have a great idea about where you’re progressing in your career.
2. It offers stability
Many jobs suffer amidst economic fluctuations and some jobs may not survive. However, a career in accounting offers greater stability when it comes to employment. Businesses will always need to keep track of their spending and incomes to find ways to survive and pay taxes regardless of the economic situation. Whilst no field can guarantee anyone a job, accounting is a necessity, which means there will continue to be work!
3. The sky is your limit
There is room to grow and progress. Accountants can work almost anywhere they are needed, and because of the ongoing demand, there is plenty of opportunity for career advancement. With hard work, dedication and a love for what you do, you will reap the potential rewards this career offers. Many accounting associates move up as managers, tax directors, partners, and some even eventually open up their very own accounting firm. The sky is your limit!
4. You can be your own boss
The options for independent work opportunities in this world continually expand thanks to the wonderful developments of technology, so it’s no surprise that a career in accounting can be done from anywhere in the world. It’s possible to run your very own profitable accounting business from your own home with little financial outlay and minimum overheads. You can even take your career with your to a new destination. This is a brilliant option for those who want flexible working hours, or want to combine their career with travelling the world, or even starting a family!
Interested in a career in accounting? Look no further, because we can help you! Mont Rose College is a higher education provider based in Ilford, within the greater London area. We offer a range of degree programs, HND courses in a variety of fields, including business, hospitality, law, teaching and of course Accounting and Finance. Every one of our courses is funded by student finance England, enabling students who are eligible to apply for funding. What’s stopping you? Start your new career today – get in contact now!
