Making financial decisions calls for expert advice. With an accounting degree, you’ll be that expert—ready to guide businesses and individuals, keep careful financial records, and ensure the numbers always add up. A bachelor’s degree in accounting is the most common entry-level requirement for accountant and auditor careers and will prepare you for rewarding opportunities in this growing area of business.
- What is an Accounting Degree?
- Finance vs. Accounting Degree
- What Can You Do with an Accounting Degree?
- Is an Accounting Degree Worth It?
- Curriculum and Degree Requirements
- Admission Requirements
A bachelor’s in accounting degree is typically a four-year program that teaches the theory and practice of working with, creating, and interpreting financial records. You’ll learn how both businesses and individuals use accounting to measure the results of their economic activities and plan for the future. Plus, you’ll build the knowledge and skills you need to launch a career that makes an important impact.
Many students wonder what it’s like to earn an accounting degree. Is accounting a hard major? Is it a rewarding field to study? Yes, studying accounting can be challenging, but if you’re adept at math and enjoy working with numbers, you’ll likely find your studies rewarding. Expect to take courses such as:
- Theory of Accounting
- Business Statistics
- Cost Accounting
- Federal Taxation
- Financial Management
- And more
If these courses interest you and you’re eager to learn more about the principles of money management, analyzing financial records, and helping others gain a clearer picture of their economic performance, accounting may be a good major for you.
Not sure whether you should major in accounting or finance—or just curious about the difference? Simply put, the field of finance focuses on planning and directing financial activities, while accounting is all about identifying and recording the results of these activities. Yes, the two fields share similarities and may call for some of the same skills. But in a finance program, you’ll prepare to directly advise organizations and individuals on how to invest and manage their money. In an accounting program, you’ll learn how to analyze the outcomes of financial decisions, such as expenditures, profits, and losses.
Which is the right path for you? That depends on your interests and career goals. Finance programs tend to be more open-ended, with a focus on financial theory and math skills you could apply in diverse professional roles. Accounting programs tend to be more career-focused and process-oriented. Your courses will reflect that, covering the skills and procedures you’ll need to launch a career as an accountant or auditor.
With an accounting degree, many graduates go on to become accountants and auditors. These professionals prepare and review financial records, identifying areas of risk and opportunity. Accountants usually work on behalf of an individual or organization. Auditors, on the other hand, are typically appointed by a third party to review others’ financial records for accuracy.
You could also consider a financial examiner career path. Examiners monitor banks and other financial institutions to ensure they are compliant with laws that protect consumers. They also assess risk to make sure financial institutions remain stable and ready to meet the future. The U.S. Bureau of Labor Statistics projects that this occupation will grow 7 percent over the next decade, a faster-than-average rate.
For many students, earning a bachelor’s in accounting from an accredited school is a worthwhile investment for the following reasons:
- Job opportunities. According to the Bureau of Labor Statistics, accountant and auditor jobs are projected to increase over the next decade and should lead to good prospects for qualified candidates. Earning a bachelor’s degree in accounting or a related field is the first step.
- A higher salary. Accountants and auditors earned a median annual salary of $73,560 in 2020, per the Bureau of Labor Statistics. That’s much higher than the mean annual salary for all occupations: $56,310 in 2020.
- A rewarding career. Accounting professionals play an important role in the economy by helping businesses and individuals attain a clear view of their finances. With an accounting degree, you’ll be ready to pursue an impactful career in an essential field.
The Hutton School of Business at University of the Cumberlands offers one of the nation’s best bachelor’s degrees in accounting. In the Bachelor of Science (BS) program, you’ll take 66 credits of career-focused accounting coursework in addition to general education courses. The Bachelor of Arts (BA) program offers the same relevant accounting curriculum but includes the study of a world language.
As you pursue your bachelor’s in accounting, you’ll study with faculty members who are actively involved in the business community as financial advisors, tax consultants, officers of professional organizations, and members of corporate boards of directors. Small class sizes keep every study session personal and relevant. You can also gain practical work experience and earn three to 15 credit hours through corporate internships.
Along with the accounting major and minor, UC’s business school offers a major and minor in business administration. Consider mixing and matching these areas of study, depending on your career goals. With your degree from the Hutton School of Business, you’ll be ready to pursue a position of leadership in the 21st-century global marketplace.
Requirements for a Bachelor of Science in Accounting (66 semester hours)
- BACC 131 Principles of Accounting I
- BACC 132 Principles of Accounting II
- BACC 331 Intermediate Accounting I
- BACC 332 Intermediate Accounting II
- BACC 337 Accounting Information Systems
- BACC 431 Cost Accounting I
- BACC 433 Advanced Accounting
- BACC 435 Accounting Theory
- BACC 436 Governmental Accounting
- BACC 437 Federal Taxation
- BACC 439 Auditing
- BADM 133 Introduction to Business
- BADM 136 Microeconomics
- BADM 137 Macroeconomics
- BADM 300 Business Statistics
- BADM 330 Legal Environment of Business
- BADM 331 Principles of Management
- BADM 333 Business Analytics
- BADM 335 Financial Management
- BADM 437 Business Law
- BADM 438 Business Policy and Strategy
- BADM 450 Business Ethics
Residential students majoring in Business Administration, Accounting, or Management Information Systems may not take online business courses without permission of the chair of the Hutton School of Business. All requests by resident students to take online business courses will be reviewed on a case by case basis.
Requirements for a Bachelor of Arts in Accounting
Completion of the requirements for the Bachelor of Science degree plus a world language through the intermediate level.
Costs for programs of study at University of the Cumberlands are competitive and affordable. Click here to view tuition rates and fees.
In order to be considered for admission to this program, click here to view the undergraduate, on-campus admissions information.
Click here to view University of the Cumberlands' accreditation information.
In addition to the overall institutional accreditation statement above, the Hutton School of Business at University of the Cumberlands has received specialized accreditations for its business programs through the International Accreditation Council for Business Education (IACBE) located at 11374 Strang Line Road in Lenexa, Kansas, USA. For a list of accredited programs please refer to our IACBE member status page. Please review our Public Disclosure of Student Achievement.
Click here to view a list of the faculty.