Why Accounting In MBA Is A Coveted Specialization Program?
In such a scenario, accounting MBA is the perfect choice for people who want to create their own identity in this sector. In fact, it is the ideal way to build a successful career in accounting administration. The accounting MBA program also has many other related career fields such as financial management, accounting, accounting administration, etc.
Different Branches of Accounting MBA and their Functions in Business Organizations:
Accounting is related to the service activities of an organization that are principally related to finance and economic entities. The function of accounting executives is to provide useful information that is crucial for making financial decision and making reasoned decisions from diverse courses of actions. Different branches of accounting have different purposes in the business organizations.
For instance, financial accounting is one branch of accounting that is primarily related to process financial information on how businesses are recorded, summarized, classified, interpreted and communicated. Management accounting, basically, deals with the information used within an organization that is accessible only to the authorities. Tax accounting is the field related to accounting management of an organization that complies with the authorities of tax regulations.
Scope of Accounting MBA:
The huge demand of skilled and trained professionals in the field of accounting make the program a popular career options for many job aspirants. The program can create many opportunities for people who are in the field and want to grow with their skills. Individuals with professional qualification in accounting MBA have various opportunities for working as managers.
Accounting managers are high in demand in every organization and in every industry. A degree in accounting MBA can widen your scope to bag better jobs with hefty salaries even in recession period. The designations of an executive with accounting MBA degree may vary anything from accounting manager, corporate controller, chief financial officer, cash manager to management consultants.
How Can Accounting MBA Programs Help you?
Accounting managers in the corporate sectors are responsible for tax reporting and management, and developing income statements. The professional accountants in the public accounting companies perform the job of independent audit or tax consultants. An accounting MBA program offers you the exact coursework required to manage the accounting needs of an organization.
The MBA colleges in India provide strategically developed programs that cater to the need of business organizations in different industries. The programs in the B-schools include learning financial assessment and reporting, planning, implementation, tax management and risk management. Completion of accounting MBA program helps you develop detailed and practical learning about the business organization.
These days, recruiters are in dire need of managers who are dynamic and comfortable with working in areas such as marketing, finance and management. A career in accounting MBA can give you extensive opportunities to meet the demands of the recruiters.
Visit BMAIndia.com for further details.
================================================
The author is a lecturer of business management; working in India with a business school. He writes frequently in business magazines to help students of management; he also has several years of industry experience behind him. Check Accounting MBA for more information.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=9f827bf0-e3d2-4495-a221-a6e6e06f1fe7)
Subscribe to:
Post Comments (Atom)
That was very well said. Thanks for the share. It was really an interesting article to be read. Hope to read more about it when I visited your blog again. Keep it up!
ReplyDeleteDenise
business accounting software
So true that accountants are in high demand these days, but you don't read as much about how short lived their careers are. I recently read a statistic that the average accountant's career length is 2 years. Not really surprising, though, if you know how high stress the position can be. Though an MBA in accounting is doubtlessly valuable, I'd highly recommend reading more about other uses for the education to help make a long term strategy for a job you'll love and want to stick with. Vault.com is a great resource for job descriptions (maybe you don't know your perfect job exists because you didn't know the name of it!), and has information on culture and salary for an accounting career. Educate yourself first!
ReplyDeleteaccounting careerH153
You're right about MBA being the the perfect choice for people who want to have an accounting career since accounting professionals have a high demand. A lot of businesses today are looking for skilled accountants who are skilled in both manual and in computer aided accounting. I just hired a fresh graduate of an accounting course. To make his job easier, I introduced him to a software called Peachtree Quantum. So far, he likes how the program makes his job a lot easier than doing the accounting manually.
ReplyDeleteI'm buying the newest version of the software tomorrow. Sage, the program developers, has called it the Peachtree Quantum 2011. I hope the new features would make our accounting even easier to do.
Hi there, awesome site. I thought the topics you posted on were very interesting.
ReplyDeleteI tried to add your RSS to my feed reader and it a few. take a look at it, hopefully I can add you and follow.
Mba Coursework Help