U.S. faces accountant shortage |
A few years ago Minnesota passed a bill to require a 5 year accounting degree - because all of the other states are doing it. Now because of the shortage of accountants, they tried passing a bill this year to change it back to 4 years but the bill stalled. Who in the world would recommend a kid to go into accounting to sit in a classroom for 5 years to get into this wonky profession?
I would recommend a trade school. Less time, better pay QUICKER and a door to work up to management position for the brighter bulbs in the building.
I had so many clients that were county, city, town, and special purpose district clerks that it made me regret not considering that niche market myself. It pays well enough, it has benefits, it allows for some flexibility (even before the pandemic changed everything). I'd recommend that direction unless they are driven to work 80 hours a week and make huge $$. I have a niece that went into actuarial work. Yes, she's a math nerd.
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