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Accounting Concentration
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Credits:
18
Concentration Description
This undergraduate concentration provides a solid introduction to accounting to complement your major in another area. The accounting concentration is a popular option for students who are pursuing a bachelor’s degree in management studies, but will also provide valuable skills and knowledge for a wide range of majors. The concentration in accounting course work is accepted in any Cambridge College bachelor’s degree as open electives.
Why Study Accounting?
Regardless of your field of study, a background in accounting and accounting management can be of tremendous value to your career and your everyday life. You’ll learn about preparing budgets, analyzing business costs, financial reporting, and financial statement analysis – skills that you can apply to any industry. You’ll also gain fundamental mathematics, problem-solving, and personal financial management skills that can be of great benefit in your day-to-day life. If you choose to pursue a career in accounting, you’ll be part of a field that offers excellent job security and strong potential for professional growth.
According to the U.S. Bureau of Labor Statistics (BLS), the median national annual salary for accountants and auditors is $68,150. Employment of accountants is expected to grow 10 percent through 2026, faster than average for all occupations.
Accounting Concentration Learning Outcomes
Complement your undergraduate degree with a concentration in management accounting at Cambridge College. Graduates of the program will gain a fundamental understanding of:
- American businesses and the context in which they operate.
- Introductory accounting concepts and processes, budgets, and cost management.
- Tools and methods to evaluate an organization’s financial statements.
Accounting Careers
Accountants have the opportunity to work in almost any industry imaginable. Accounting is also a rapidly growing field, making now an excellent time to start preparing for your career. The skills you’ll gain in the accounting concentration at Cambridge College will provide a strong foundation for careers in:
- Management accounting
- Public accounting
- Financial accounting
- Auditing
Accounting Salaries
While salaries will vary depending on education, certification level, and specialization, accountants are generally well paid. Here is a look at some of the average salaries for accountants by industry, according to the Bureau of Labor Statistics:
- Finance and insurance: $72,950
- Management of companies and enterprises: $70,790
- Manufacturing: $69,040
- Accounting, tax preparation, bookkeeping, and payroll services: $68,130
- Government agencies: $65,820
Related Programs at Cambridge College
Still exploring graduate degree options? You might be interested in learning more about these programs at Cambridge College:
- Bachelor of Science in Management Studies
- Bachelor of Science in Managerial Accounting
- Bachelor of Science in Finance