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FAQ

What's the difference between finance and accounting degrees?

Answer

The difference between finance and accounting is that accounting focuses on tracking the day-to-day flow of money into or out of an organization, while finance is the general management of assets and liabilities and includes future growth planning. The curriculums of their respective degree programs follow suit.

Additionally, if you would like to pursue your CPA, a degree in accounting is often the more preferred choice.

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Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Employment and Wage Statistics 2023 / Occupational Outlook Handbook 2022. BLS estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geography market in which you want to work and degree field, will affect career outcomes and earnings. Herzing neither represents that its graduates will earn the average salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, salary increase or other career growth.

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