Back to BlogA Career in Accounting: The Ultimate Life Hack Share Share on FacebookFollow us on LinkedInShare on PinterestShare via Email A career in accountancy sets you up for success in all areas of your life. Not just in your career, but also in your personal life. But before we dive into the professional and personal benefits of having a degree in accounting, let’s explore the definition of accounting.What is accounting?Accounting, in terms of a professional field, is the identifying, measurement, processing, classifying, summarizing and communication of financial information for businesses and corporations alike. In very basic terms, it’s the management of a company’s financials, including profits, losses and other monetary items. The objective is to have a positive balance at the end of each quarter or financial period.Now, onto the benefits…Accountancy in your professional lifeAccounting professionals create, update, review, and maintain accounting records, and play an integral role in the company. Nearly all public, private, and nonprofit organizations need accounting support. It’s a high demand career field with seemingly endless opportunities for career advancement.An accounting degree qualifies students for a number of bookkeeping, accounting, and auditing careers. According to the Bureau of Labor Statistics, the median annual wage for bookkeeping, accounting, and auditing professionals in 2018 was $40,240. And that number continues to climb.Accountancy in your personal lifeBudgeting made easy! Accounting skills come in handy when managing your budget and spending. This includes both short-term and long-term items. With an accounting degree, you easily manage budgets and financials pertaining to:College tuition and school suppliesLiving expenses (rent or mortgage)Family obligations, including daycare or healthcareStocks and trading401K and retirement accountsTransportationFood and groceriesUtilities, such as electricity and waterThe next step? Get your degree!The University of Cincinnati online has made it super simple to get the accountancy degree you need to get ahead. The Associate of Applied Business in Accounting program is a fully online, two-year associate degree program that prepares students for a career as a professional in the field of accounting after graduation.The program provides students with the flexibility to balance work and family obligations while completing their degree. The program also offers students a self-paced learning schedule where they can access the materials at the times that work best for them.This degree is a perfect choice for students that:Want a professional career in a high demand job marketWant a degree that will allow them to enter the workforce quickly and have the potential for career advancementAre working professionals, who want to change careers or advance an existing careerWant the option to continue their studies, without losing credits, in the online Bachelors of Technical Applied Studies (BTAS) programAre detailed orientated and like working with numbers and moneyAre comfortable with basic mathematics—addition, subtraction, multiplication and division (advance math is not required in this field)Want to earn a degree from a prestigious, public, nationally respected university Get started on a new career today! You can learn more details about the program, or even submit an application. We’re excited to be on this new career journey with you.