A Look at Military Accounting Careers

If you have a background in the military or are interested in joining the military and are wondering how an online Master of Business Administration in Accounting could help advance your military career, look no further. Like any other organization, the military has a high demand for accountants to help manage everything from equipment purchases to support services for military families around the world.

How an MBA Moves Your Career Forward

The military needs accountants on bases throughout the United States and around the world, and pursuing a Master of Business Administration in Accounting is a great way to start working in accounting for the military, either as a member of the military or as a civilian employee on a military base. Working on military accounting can be an especially good way for military spouses to work for the military as civilians while their spouses are enlisted in the armed forces.

While the military does offer training programs, if you plan on working in accounting, it’s important to also seek training outside of the military. This helps give you a broader experience with accounting techniques and also makes your credentials more easily transferable if you decide to leave the military in the future. Having outside credentials can also make your skills more desirable even in the military, because fewer applicants for accounting jobs have a graduate degree in accounting. An MBA in accounting will help you stand out from other job applicants and from your coworkers, even in the military.

Well-Paying, In Demand Job

If you’re an officer in the military and you work as an accountant, you can expect to earn an average salary of around $94,000. You’ll still be eligible for all the other benefits of working for the military, such as the military insurance and retirement benefits.

The military spends billions of dollars every year — its budget is larger than all but the largest corporations. Keeping track of all the money spent on personnel, equipment, supplies, support services and all the other things necessary to keep the military working is a huge job that requires specialists in finance and accounting.

The military will help train you on military accounting and some of the specifics of managing the military’s finances, but an MBA in accounting will give you a major advantage over others who don’t have specialized, non-military accounting training.

Using the GI Bill to Fund Your Education

If you’re a current or former member of the armed services, you might be able to use your GI Bill benefits to pay for an MBA in accounting. If you’re currently in the military, an online MBA program could work around your schedule and allow you to advance your education no matter what your deployment or work schedule. If you’ve left the military but are thinking about ways to work for the military in a civilian role, an online Master of Business Administration in Accounting is a great way to return to the military while also advancing your career prospects in the civilian world — especially if you’re not sure you want to work for the military for your entire career.

If you’re ready to move into an exciting new role in the military, to work for the military as a civilian, or to advance your current career in the military’s finance department, an accounting-focused MBA from Fitchburg State University is a smart way to get the skills and credentials you need with the flexibility to keep up with your current responsibilities.

An online MBA in accounting is an investment in a high-paying military career that doesn’t involve dangerous working conditions and can be done from the comfort of an office. The program’s affordability — and the possibility of using your GI Bill benefits to pay the program tuition — means you won’t have to make a major upfront payment in order to invest in your career. You’ll also have no difficulty transferring your skills to the civilian world if you decide to leave the military later.

Learn more about Fitchburg State University’s online MBA in Accounting program.


Sources:

In Military: Accounting Careers In and Around the Military

Today’s Military: Career Field: Accounting, Budget and Finance

Military.com: GI Bill Top 5 Things to Know

Military.com: GI Bill Overview

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