Availability of employment opportunities in almost any booming industry – Since Finance & Accounting is the language of business, opportunities for accounting majors exist in practically every industry. Whether you want to work in hospitality, education, entertainment, agriculture, manufacturing, technology, or even at a government agency or nonprofit organization, you’ll have the opportunity to do so. It’s also viable to specialize in a certain sector.

A finance background also facilitates alternative careers in business – Besides the traditional career track, there are plenty of alternative jobs for Finance & accounting majors. Depending on your experience and interests, you might seek employment in investment relations, banking, business operations, and management, financial planning, market research, IT, and more. You may even consider teaching or working as an auditor to pinpoint fraudulent financial activity and keep a check on the health of the business.

Experiencing remunerative potential as a Finance & accounts leader – According to the U.S. Bureau of Labor Statistics (BLS), the median pay for financial accountants was $70,500 in 2018. In addition, the top 10% earned an average salary of over $122,840.

Accelerated, recession-proof, intellectually stimulating, and fulfilling career – Fortune magazine lists Finance & Management Accounting as one of the top recession-proof careers. You will enjoy being in proximity with the C-suite & get exposure to all the company’s business activities.

Inculcation of in-demand, transferrable skills – People who excel at an understanding of business models, cash-flows, or have an aptitude for money may be naturally well-suited to a finance career, however, everyone has the opportunity to develop these abilities. Some of the exemplary skills you’ll develop in your career are Analytical abilities, Business acumen, Communication skills, Quantitative reasoning, Detail-orientation, Leadership, Organizational abilities, Problem-solving proficiency, and software experience which will be useful across roles in all industries.

Creating value – The finance and accounting department is at the heart of any organization and is responsible for ensuring the efficient financial management and financial controls necessary to support all business activities.