CAREER OPPORTUNITIES WITH A DEGREE IN ACCOUNTING AND FINANCE
Considering a career with an accounting and finance degree can be confusing, whether at undergraduate or postgraduate level, you’ll also be considering your main aim to gaining employment you enjoy, with a great salary. If you are uncertain about your career choice, then you might be tempted to choose a different type of degree, but there are some great reasons to choose accounting and finance.
A degree in accounting and finance opens up various career opportunities in both the public and private sectors. This post will look at the types of jobs that your degree might lead you to. Some potential career paths include:
- Public Accounting: It includes working for accounting firms like; the Big Four (PricewaterhouseCoopers, Deloitte, Ernst & Young, and KPMG), providing auditing, tax, and consulting services to clients.
- Corporate Finance: Involves managing the financial activities of corporations, including financial planning, analysis, and decision-making. Roles may include financial analyst, financial manager, treasurer, or controller.
- Financial Planning and Analysis (FP&A): Has to do with analyzing financial data, preparing budgets, forecasting future financial performance, and providing insights to support strategic decision-making within organizations.
- Investment Banking: Involves facilitating capital raising, mergers and acquisitions, and other financial transactions for corporations, governments, and other entities.
- Management Accounting: Involves providing financial information and analysis to support internal decision-making and strategic planning within organizations.
- Government and Nonprofit Organizations: Opportunities exist in governmental agencies, nonprofits, and NGOs, where accountants and finance professionals play roles in budgeting, financial reporting, compliance, and program management.
Risk Management: Involves identifying, assessing, and mitigating financial risks within organizations, such as credit risk, market risk, and operational risk. - Taxation: Involves providing tax planning, compliance, and advisory services to individuals, corporations, and other entities.
These are just a few examples, and there are many other career paths you can pursue with a degree in accounting and finance. It’s important to explore different options and consider your interests, skills, and career goals when choosing a career path. Networking, internships, and professional certifications such as CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst) can also enhance your career prospects in this field.