Exploring Non-Traditional Career Paths with an Accounting Degree
The conventional path of an accounting degree might lead you straight to becoming a traditional accountant. However, the versatility of an accounting degree can open doors to a myriad of exciting and unconventional career opportunities.
Sean's Journey: From University to Partnership
Sean Brandenburg, with a BBA major in accounting from the University of Pittsburgh in 1962, embarked on a remarkable 7-journey. His seventh job was with PwC in 1979, where he leveraged his experience to become a Manager and then a Partner. In 1984, he was named a Partner at PwC and retired in 2000. Prior to PwC, he was the CFO of two Western Pennsylvania hospitals and was a CPA before joining PwC. Sean shares that PwC was his best job out of the seven and, if he had it to do over again, he would make the same choices. This personal journey illustrates the potential and flexibility of an accounting degree.
Building Experience and Independence
To start, it's essential to build a strong foundation. You can gain valuable experience by initially working in a corporate setting. At a smaller level, you can find success by performing bookkeeping and accounting functions for small businesses. This hands-on experience will not only give you a solid foundation but also open doors to independence in the future.
Obtaining the CPA
Securing a CPA (Certified Public Accountant) license is crucial. Many accounting functions are becoming increasingly automated, making the need for specialized skills and certifications more pronounced. The CPA provides a competitive edge in the field, making you more sought after by companies and clients.
The Diverse World Beyond Traditional Accounting
Though many choose to become traditional accountants, the flexibility of an accounting degree allows for a myriad of alternative career paths. Sean's acquaintances have ventured into various fields such as tax attorneys, financial planners, stock brokers, doctors, actuaries, and even pilots. One particularly interesting example is a CPA who gained notoriety by participating in a regular season game as a goalkeeper for the Blackhawks.
Navigating the Professional Journey
Ultimately, an accounting degree is a direct pathway to a profession, with many roles in businesses, government, and non-profit organizations available. If you are dedicated and have relevant experience and professional development, you can pursue a license that provides formal credentials. This certification not only sets you apart from other professionals but also brings public expectations of conduct and professionalism.
The regulated nature of the profession ensures that your work is held to higher standards, making it more public and widespread. Moreover, understanding accounting is crucial for any entrepreneur, as it provides insights into financial health, allowing for better decision-making and strategic planning.
In conclusion, an accounting degree is not limited to traditional accounting roles. It opens the door to a diverse array of career paths, including business management, financial planning, marketing, auditing, tax, and even beyond into entrepreneurial ventures. By leveraging your knowledge and skills, you can carve out a unique and fulfilling career journey.