|Program Levels||Bachelor's degree|
|Field(s) of Study||Business administration with a specialization in accounting|
|Prerequisites||High school diploma or equivalent|
|Program Length||4 years|
|Licensure/Certification||Professional licensure requirements vary by position; CPA certification available|
|Job Outlook (2014-2024)|| 11% growth (for accountants and auditors)
7% growth (for financial managers)
|Median Annual Salary (2015)||$67,190 (for accountants and auditors)
$117,990 (for financial managers)
Source: U.S. Bureau of Labor Statistics
A Bachelor of Science in Business Administration in Accounting program is designed to provide students with knowledge of financial and managerial accounting concepts, accounting policy choices, and ethics in accounting. Some programs allow students to further specialize in more specific areas of accounting, such as managerial or financial accounting. Students gain hands-on training with accounting software through learning labs. Upon graduating and in anticipation of becoming Certified Public Accountants, students of these programs may be prepared to sit for the Uniform CPA examination. Admission into a BSBA program typically requires a high school diploma or the equivalent.
BSBA in Accounting
Individuals with interest in math and business may find that a Bachelor of Science in Business Administration with a specialization in accounting can help combine those interests. Students learn about the principles of accounting, taxation and auditing. The program educates students in U.S. and international accounting practices, as well as finance principles. Students gain fundamental business knowledge in business law, marketing and business policy. General education courses, such as English, humanities, social science and mathematics, are included. Coursework in accounting may explore:
- Financial statement analysis
- Income taxation
- Accounting information systems
- Public accounting
Popular Career Options
A bachelor's degree in accounting is the first step toward many careers in the financial world. Whether individuals want to help other people and organizations keep track of their bills or plan for the future, common careers can include:
- Certified public accountant (CPA)
- Financial manager
Employment Outlook and Salary Information
Faster than average 11% growth in employment is projected from 2014-2024 for accountants and auditors, according to the Bureau of Labor Statistics' website (www.bls.gov). The median earnings for accountants and auditors in May 2015 were $67,190 annually. Financial manager employment growth is expected to be average at 7% during the 2014-2024 period. These managers received mean earnings of $117,990 in May 2014.
Continuing Education and Professional Licensure
Graduates of bachelor's degree programs in accounting can further their studies through a Master of Business Administration (MBA) in accounting or financial management. These 2-year programs are available in traditional classroom formats or may be available through distance learning. Students often take international trips to learn about business in another country as part of their MBA studies.
Professional licensure requirements depend on an individual's chosen career. For example, the U.S. Bureau of Labor Statistics noted that accountants filing with the U.S. Securities and Exchange Commission must be a CPA. The American Institute of Certified Public Accountants (AICPAs) noted that an accountant be proficient in two areas (education and experience) and pass the certified public accountant examination in order to practice as a CPA. For more information, visit www.aicp.org.
A Bachelor of Science in Business Administration in Accounting will provide adequate education for aspiring accountants, but must be followed by acquiring a CPA.