Date post: | 29-Apr-2015 |
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MBA in Accounting Can Improve Business
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For those involved in business, the management of financial resources is often a mystery even to the business’s owners.
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A Master of Business Administration with a concentration in Accounting can put the power back in the business owner’s hands.
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Many business managers are turning to a master’s degree in order to improve their business skills, particularly an MBA in Accounting.
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An MBA offers training that benefits both small, owner-operated businesses and major corporations, instructing students as to the practical and theoretical issues befalling most businesses.
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The coursework involved in earning an MBA in Accounting consists of subjects such as managerial strategy, the study of ethics in relation to management, the behavior of organizations, and strategy in a leadership context, as well an intense study of accounting practices.
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MBA programs allow students to specialize in a variety of sub-fields within the overall context of administering a business.
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An MBA in Accounting gives students the skills and the knowledge they need to understand and handle the finances of a business.
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Even if students who earned an MBA in Accounting are not directly involved in managing a business, this degree prepares them for a career in many different fields.
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Financial management positions are open at many organizations, not just for-profit.
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According to the website PayScale, the median salary for a financial analyst with an MBA in Accounting is $54,608.
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For higher positions, such as senior financial analyst or financial controller, that median salary jumps to over $70,000 and $80,000 respectively.
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Students with training in courses such as micro- and macroeconomics, corporate finance, financial accounting and other subjects are provided the academic expertise needed to crunch serious numbers and perform high-level calculations in order to determine the best direction for the business to travel in.
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Individuals with an MBA in Accounting can help improve a business’s prospects drastically.
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An MBA in Accounting helps prepare students for a world of change.
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Since businesses change all the time,well-trained workers are essential to maintaining a business’s profitability.
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Their expertise will help the business grow into greater and greater profits, which will fully vindicate their academic training.
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The Christian MBA web site provides articles of interest to MBA students, from current events to developing your own
management style.
www.thechristianmba.com
The Christian MBA web site provides articles of interest to MBA students, from current events to developing your own
management style.
www.thechristianmba.com