1. Accounting is an evergreen field
Students who opt for a career in accountancy have a wide range of career options. As compared to other professionals, people with an accountancy background have a comparatively secure job and enjoy a good pay scale. There is considerable flexibility within the profession of accounting. You can work for the same organization over a considerable time period, but change departments like from audit to treasury or from consulting to SEC reporting.
2. The expected rise in accountants with the improving economy
As the economy grows, it creates a great demand for professionals with sound knowledge of accountancy. The growing standardization and merging of accounting and reporting standards in different parts of the world has lead to the rise in demand for qualified accountants. Tougher laws related to compliance are also a major reason why qualified and experienced accountants are being sought after.
3. There are a variety of career options that are available:
Consultant
Financial consultants are responsible for helping individuals as well as organizations to manage their finances. They help clients to decide on their budget and retirement plans and investment strategy. As a financial consultant, you can work for well known finance firms, or establish your own independent business. But to set up your own business in this field, you need to have proficiency in certain areas such as debt management planning or savings planning. As more and more people retire, demand for financial consultancy services is likely to increase.
Banking
Banking is one of the most sought after career choices for accounts professionals. The growth of privately owned banks and their entry into short term lending has created the need for skilled finance professionals. These days, banks are offering mutual funds, consumer loans, home loans, credit cards and also trading in gold and forex