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By colemanedu1 on Jan 25, 2011 |Education
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What are accounting MBAs?The field of accounting deals with collecting and organizing data about financial activities, and analyzing it in order to make economic decisions that ensure profitability in the future. Accounting is central to the success of any business, and is also vital to the global economy as it helps project future financial trends and identifies the most effective ways to increase fund generation. Accounting MBAs or Master of Business Administration degrees are designed in order to help students develop leadership and managerial skills in addition to a strong base in accounting, which can be applied in numerous aspects of any organization's operation. How can I get an accounting MBA?In order to enroll in an accounting MBA program, applicants must have a bachelor's degree in accounting or a related field, in addition to some relevant work experience. Classes can be taken on-campus or online, and the program duration ranges between eighteen months and two years. The core curriculum includes subjects such as costing techniques, advanced accounting methods, accounting information systems, executive management, budgeting, financial analysis, strategic planning and investment management. Students also take specialization courses in the areas of tax planning, auditing, financial reporting, accounting for mergers and acquisitions and corporate valuation. What are the future prospects?According to the US Bureau of Labor Statistics, employment opportunities for accounting MBA degree holders are estimated to increase by around 11% through 2018. Accounting professionals are some of the highest paid in the world, with average starting salaries of over 110,000 per year and numerous perks and benefits. These factors make accounting MBA degrees extremely desirable for the future, and can help you obtain a top level job at a bank, financial institution, investment company, private business or government organization.
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