Master's Degrees

Welcome to the Bizymoms Master's Degrees Section. In this section you will find just about everything you need to know about Master's Degrees, what they are and how to choose them. A person who holds a Master's Degree is able to command higher positions in their career field and take on more responsibilities, and in turn able to command a higher pay rate as well.

Business & Accounting
 
 
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Master's in Accounting - Why is it a popular degree?

Master’s in Accounting has traditionally been a popular degree with students. It provides a clear advantage in the job market to have this degree. Basically, for entry-level positions in accounting, the competition is extremely high. Therefore, the candidates who are able to upgrade their qualifications with higher academic degrees, it increases their career opportunities substantially.

A master’s degree helps you to achieve a better level of position in accounting field right at the start itself. That serves as a strong launching pad for the future. When a career aspirant gets good exposure in the real accounting world from the beginning itself, it adds up valuable experience and within few years the degree holder can expect to rise to senior positions in accounting. 

Accounting is essentially a highly knowledge-intensive field. It is not based on instinct or intuition, even though these are necessary qualities in any job. A Master’s in Accounting degree ensures that the candidate is very up to date with the latest practices and principles of accounting, and has an in depth knowledge and understanding of the accounting concepts and procedures.

The employers are always looking for people with a strong academic background in the area of accounting. This is because it is a sensitive job from a company’s point of view, and no company or business can afford to make mistakes in this area. Therefore, a master’s degree holds the candidate in good stead when a company is considering people to hire for the job of accountancy.

A master’s degree also serves as the stepping stone to acquiring a higher professional qualification such as a Certified Public Accountant (CPA) or Certified Management Accountant (CMA), or other professional degrees in internal audit or financial management. Most recognized universities require a master’s as a basic pre-condition to be fulfilled before earning a professional degree in accounting.

Professional degrees in accounting, as per the U.S. Bureau of Labor Statistics, provide a clear advantage to the candidates in the job market because there is always a dearth of good accounting professionals. Therefore, for anyone looking to make a serious career as an accounting professional, it is important acquire a master’s degree.

The good quality of job openings, the opportunity for wider exposure, the choice to go for a higher professional degree, and better earning and growth potential in the job are some of the key reasons that make this a highly popular degree among the student community.

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