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Degree Overview: Bachelor of Science (B.S.) Degree in Managerial Accounting

Majors Overview April 5, 2014

People who manage cash flow, expenses, and finances are the backbone of every business. Students will be provided with skills in income taxation, accounting information systems, and financial accounting with a Bachelor of Science (B.S.) degree in Managerial Accounting.

B.S. Programs in Managerial Accounting

Managerial accountants perform all the tasks of an accountant; they collect companies’ financial information and produce reports. Additionally, they interpret how all of the company’s aspects will be affected by the data – currently and in the foreseeable future. Bachelor’s degree programs involve the analysis of concepts in business law, investment management, managerial accounting, and financial reporting. Apart from offering a Bachelor of Science (B.S.), schools also offer Managerial Accounting programs as a Bachelor of Business Administration (B.B.A.).

Admission criteria typically require incoming students to hold a GED certificate or high school diploma.

Coursework

Coursework in the program requires students to delve into macroeconomics, management policy, international finance, financial reporting, and taxation. In addition to general education courses, coursework may also include topic areas such as:

•Marketing
•Statistical analysis
•Business communications
•Cost accounting
•Business finance

Career Choices

Armed with a degree in Managerial Accounting, an individual can choose from various professional jobs in the field of finance. After completion of a Bachelor of Science (B.S.) in Managerial Accounting, a graduate can seek occupations in the non-profit or private sectors, including corporations, hospitals and government agencies. They may choose from possible job positions such as:

•Auditor
•Budget analyst
•Accountant

Job and Wage Outlook

In 2012, auditors and accountants took home an average annual wage of $63,550, while the corresponding average annual wage of budget analysts was $69,280 (U.S. Bureau of Labor Statistics). A job growth rate of 16% was predicted for accountants and auditors over the 2010-2020 decade, while the growth rate of 10% was predicted for budget analysts’ occupations.

Continuing Education Choices

Those who graduate from bachelor’s degree programs in Managerial Accounting can opt for continued education by earning either a Certified Management Accountant (CMA) or Certified Public Accountant (CPA) credential. CPA accreditation requirements may vary from state to state, and a CPA is a mandatory requirement for an accountant reporting with the Securities and Exchange Commission (BLS).

The passage of an examination, at least two years of work experience, and meeting of post-graduation education requisites, in addition to a code of professional ethics, will qualify a student for a CMA accreditation. Those who have graduated may also enroll into a master’s degree program in Management Accounting or a related field.

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Searching Searching ...

Matching School Ads
2 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of tradition and achievement to a supportive, online classroom
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
1 Program(s) Found
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • 100% online programs at associate, bachelor’s, master’s, and doctoral level.*
  • Transfer up to 90 credits into an undergraduate degree program.
  • Up to 50% of your master’s degree can be transferred in to help maximize the credit you previously earned.
  • *Excludes licensure, certification, and some doctoral programs
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

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