Accounting Jobs Play it Safe in Tricky Economy

Think that accounting degree was a big mistake? Think again!

According to a report by ClassesUSA.com, accounting is more popular than ever.
The American Institute of CPAs states that more than 64,000 students graduated with bachelor's and master's degrees in accounting in the 2006-2007 school year, which is the most accounting grads in at least 36 years.

"Accounting is a very stable and well-anchored career path," says Denny Reigle, director of academic and career development of the AICPA, a national professional association of CPAs with more than 350,000 CPA members.

The field is also quite recession-proof.

The article cites Marjorie Platt, professor and head of the accounting department at the Northeastern University College of Business Administration, who says, "As Wall Street faces serious layoffs, quantitatively oriented students may decide to focus on accounting rather than finance. We've seen our number of majors continue to grow over that past year while the number of finance majors is flat or trending down a bit. Since the two subjects are highly related, it may not take a lot of extra effort or coursework to refocus one's major."

See? Crunching the numbers may not be so bad. Plus, it offers flexibility.

Read the entire article here.