The job outlook for MBAs is better than ever, according to Poets & Quants. In fact, this leading resource for graduate business education reports that “the job outlook is bright for MBAs across the board, in every region and in every industry.”
The online Master of Business Administration (MBA) with a Concentration in Accounting from Texas A&M University-Corpus Christi (TAMUCC) features coursework of particular relevance to Texas. It offers finance professionals considering an accounting-focused MBA an affordable option. This degree program becomes even more affordable for Texas residents at TAMUCC’s lower in-state tuition rate.
Students can complete this accredited MBA in 12 months, ready to take on positions such as financial analyst, forensic accountant and financial reporting manager. TAMUCC’s MBA in accounting can also help students meet some of the requirements for CPA certification.
What Makes TAMUCC’s MBA in Accounting a Viable Option for Texans?
A TAMUCC MBA in accounting offers some extra benefits for Texans. Tuition is one example. TAMUCC’s in-state tuition for the MBA program is about half the out-of-state rate. This lower in-state tuition may reduce the time it will take Texas residents to recoup their investment in the degree.
Another benefit of TAMUCC’s MBA in accounting lies in the coursework. According to the U.S. Energy Information Administration (EIA), Texas is the nation’s largest producer of energy. Crude oil and natural gas are the top sources. As the American Institute of Certified Public Accountants (AICPA) points out, “Whether you are a financial statement preparer or auditor, it is critical to understand the complexities of entities with oil and gas producing activities.”
TAMUCC’s coursework in oil, gas and energy accounting prepares students with specialized knowledge and skills to pursue high-level careers in this industry. Topics include:
- Upstream oil and gas operations.
- Analysis of oil and gas financial statements.
- Successful efforts (SE) and full cost (FC) accounting, used in the oil and gas industry to account for expenses such as exploration costs.
- Accounting for production, exploration and construction.
- Joint interest accounting (specialized accounting in the oil and gas industry, such as that for joint ventures involving high-cost oil-drilling projects), international operations, taxation in the oil and gas industry.
Looking at employment in the “Fuels” sector, a U.S. Energy and Employment Report shows an increase in professional and business services of almost 11 percent. This is well above the average growth rate of 7 percent for all occupations, reported by the U.S. Bureau of Labor Statistics.
Keeping the above in mind, TAMUCC’s MBA coursework focused on accounting practices in the oil, gas and energy industry may give graduates an edge when pursuing employment opportunities in Texas.
Learn more about the TAMUCC online MBA with a Concentration in Accounting.
Sources:
Poets & Quants: MBA Job Outlook Better Than Ever in 2017
U.S. Energy Information Administration
AICPA: Oil and Gas Producing Entities
