The average salary for a bachelor’s degree holder in accounting is $51,000. The sectors with the highest salary potential include government, public accounting firms, education and consulting.
k
The average salary for a bachelor’s in accounting is $50,000.
Average salary for bachelor’s in accounting
Most people with a bachelor’s degree in accounting go on to earn a master’s degree in accounting, because there are better job opportunities for those with graduate degrees. However, if you don’t want to do that then you’ll be pleased to know that there are several jobs out there for people with just a bachelor’s degree. The salary depends on your experience and the location of the job so it may be more or less than what we’ve listed here.
Senior accountant – $61,912
Senior Accountant – $61,912
A senior accountant is a job title for an accountant with experience. The average salary for a senior accountant is $61,912 per annum.* The average salary for an experienced accountant is $45,000 per year.* The average salary without experience is $35,000 per year.*
Certified public accountant (CPA) – $50,240
A certified public accountant (CPA) is the highest paying job in accounting. To become a CPA, you must pass the rigorous four-part CPA exam. This test covers accounting theory and practice, auditing standards and procedures, taxation principles and concepts as well as business law topics that are relevant to working as an accountant. Passing this exam allows you to use the prestigious title of “Certified Public Accountant” or simply “CPA” after your name when practicing in the field of accountancy.
Accounting manager – $89,334
The average salary of an accounting manager is $89,334 per year. Accounting managers are responsible for overseeing the company’s financial reporting process and making sure that it stays within budget. They report directly to the CEO and are responsible for compiling all of the financial statements on behalf of the company. These include income statements, balance sheets, cash flow statements and more.
Financial analyst – $66,388
A financial analyst is a position that requires a bachelor’s degree in accounting. As an employee at this level, you will be responsible for analyzing the finances of a business or entity and providing reports on their performance.
Budget analyst – $60,474
Budget analysts are responsible for analyzing budgets, evaluating costs, and determining how much money is spent on individual departments. They may also help develop strategies to make sure that the company stays within its budget limits. Most budget analysts have a bachelor’s degree in accounting or finance, although some employers will accept applicants with a bachelor’s degree in another area if they have relevant work experience. To become an accountant, you can start by earning a bachelor’s degree through an accredited program at your local community college or university.
Controller – $83,885
Controller – $83,885
Controller is the highest paid job in accounting. A controller is in charge of the overall financial health of a company and makes sure that all numbers are accurate and up to date. The controller has many responsibilities including:
- Budgeting and forecasting future cash flow
- Managing the accounting department
- Reviewing monthly reports from other departments within the company (such as sales)
These are the highest paying jobs in accounting
The most lucrative positions in accounting include:
- Senior accountant. The median salary for a senior accountant is $87,930, according to the U.S. Bureau of Labor Statistics (BLS).
- Certified public accountant (CPA). CPAs are licensed accountants who can offer tax advice and other specialized services. CPAs typically enjoy higher salaries than non-CPAs, but that does not mean they’re immune from financial hardship during hard times; this is especially true during recessions or periods of high unemployment when more people find themselves seeking help with their finances and taxes. Still, the average annual income for a CPA is $113,920 as of 2018—a figure that will likely continue growing over time as demand increases due to demographic shifts like an aging population and an increasing number of women entering the workforce over time
Conclusion
As you can see, there are many different jobs you can get with a bachelor’s degree in accounting. The pay will vary depending on the job title and your experience level but it is definitely possible to earn over $100k in this field if you really put your mind to it!
