Think Outside the MBA to Grow Your Career Earning Potential

You are a goal-oriented person with career benchmarks you want to meet. You know that additional training or education is the way to achieve the success you want, you just don’t know which program is right. Perhaps you’ve looked at the MBA option, but aren’t convinced that’s the best fit. A master’s degree in accounting is a choice worth exploring.

Do More Than Prepare Tax Returns

If your image of an accountant is someone with no life from February through April, it’s time to give it an update. Today’s accountants are in demand for numerous jobs in both the public and the private sector. If you like technology, you can be a specialized IT consultant. Do you enjoy helping people reach their goals? Perhaps becoming a personal financial planner is the right career.

While you’re exploring MSA degree programs, you may also want to evaluate becoming a certified public accountant. Earning this additional credential can improve both your professional standing and your earning potential. You may want to focus on degree programs like the one offered by Maryville University that specifically mention CPA preparation as part of the curriculum. Taking the CPA exam can be grueling, so get the best support you can. If being able to take courses on your schedule is important, consider distance learning options like MVU Online.

Grow Your Career Earning Potential

Suitable Option for Non-Accountants Too

Even if you are not currently an accounting professional, an MSA degree could still work well for you. If you like numbers and want to learn skills that transfer well from business to non-profits to even government work, do some exploring at places like New England College. You can gain valuable technical skills that are in high demand and will continue to be so. The ever changing economy makes it more valuable than ever to have an expanded knowledge base and ability to adapt.

By earning your MSA and perhaps even your CPA, you already have a quantifiable understanding of business principles that hiring managers know and appreciate. You also show that you have the understanding to keep up with changes in technology and policy. Whether you end up evaluating companies for potential buy-outs or helping parents start college saving accounts for their kids, you will have the tools to make an impact. Perhaps delving deep as a number detective sounds appealing. NEC also offers online forensic accounting degrees.

Make a Plan

If these kinds of career options sound exciting, get ready to earn a degree. Figure out your current situation. Are you able to attend class full time or do you need to keep working while earning a degree part-time? Do want to potentially boost your earning power by getting your CPA? It takes more work, but also offers more reward. Start evaluating college programs. Be sure and ask about cost, student support and see if there are program alumni you can connect with.

You may also want to look into accounting professional organizations. Such trade associations sometimes offer mentor opportunities and have information about what it’s like to be a practicing accountant. By doing some homework upfront, you can start down the path towards a rewarding, fulfilling career.

About Tina Roth

Get to Know Me Better. Hi, I'm TINA! I am a financial planner, blogger, and freelance writer and digital marketing consultant. The idea of starting a finance blog has been hitting me for long; I took it seriously after falling into a spiral of finance debacles and recovering from it. Here I write about personal finance and money management tips.

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