Degree Overview: Bachelor of Science in Business Administration (B.S.B.A.) Degree in AccountingMajors Overview May 2, 2014
Every successful business needs accountants. Bachelor of Science in Business Administration (B.S.B.A.) degree programs in Accounting are a combination of business and math.
Bachelor of Science in Business Administration (B.S.B.A.) Degree Programs in Accounting
Students enrolled in a Bachelor of Science in Business Administration (B.S.B.A.) degree program with an accounting concentration are exposed to ethics in accounting, accounting policy decisions, and managerial and business accounting concepts. Students are taught about auditing, taxation and the principles of accounting. Finance principles are also taught, in addition to international accounting practices, as well as those employed in the United States.
Admission into a BSBA program typically requires a high school diploma or the equivalent.
Fundamental business knowledge in business strategy, marketing, financial accounting and business law is gained by students. Coursework also covers numerous general education courses, including mathematics, social science, humanities and English. Coursework in accounting programs may also include subject areas such as:
•Financial statement analysis
•Accounting information systems
Armed with a bachelor’s degree in Accounting, graduates may seek entry-level careers in the business world. They may choose from positions such as:
•Certified public accountant (CPA)
Job and Wage Outlook
A job growth of 16% has been predicted for accountants and auditors, over the 2010 to 2020 decade; while the growth rate for business managers was expected to be relatively slow at 9%. In May 2012, accountants and auditors took home an average salary of $63,550, while the corresponding earnings for financial managers amounted to $109,740 (U.S. Bureau of Labor Statistics).
Licensure and Continuing Education Choices
Bachelor’s degree graduates can pursue continued education by earning a Master of Business Administration (M.B.A.) in Financial Management or Accounting. Schools offer these 2-year programs in both on-campus and distance learning formats. Their MBA studies often require international trips to be taken by students seeking knowledge about business in a country other than the U.S.
Students can seek professional licensure in accordance with their career of choice. For instance, accountants filing with the U.S. Securities and Exchange Commission are required to be a CPA (U.S. Bureau of Labor Statistics). Students seeking CPA certification have to meet experience and education standards, apart from passing an examination (The American Institute of Certified Public Accountants (AICPAs)).