What are the careers with a degree in accounting? Depending on what path you choose in your accounting career, the jobs that are open to you are practically endless. Each job requires a different level of training and education. The skill sets required for these different jobs range from proficiency in Microsoft Excel to knowledge of tax regulations from several countries
According to the BLS, the career outlook for accountants is very positive. The Bureau of Labor Statistics estimates a 20% increase in the number of jobs for accountants and auditors from 2012 to 2022. This growth is considered much faster than the national average for all occupations, which at 7% growth is still comparable to that of other professions. There are a few careers with a degree in Accounting to consider as well.
Careers with a degree in accounting
So you’ve decided that you want to enter the exciting world of accounting. You’re in luck because opportunities abound, as long as your credentials are suitable and you have the willpower to stick it out. Accounting offers a wide range of job fields including jobs with big companies, not-for-profit organizations, and budget analysts for businesses. However, before you jump into one area or another; if you don’t have a degree in accounting, you can still begin your accounting career. But first, let’s go over your options.
A degree in accounting provides more career options than many other business degrees, having you specialize in not only accounting but also auditing, financial services, information systems, consulting and management. It also opens the door to a potential career in another field due to the vast general education requirements that most institutions demand of an accounting major. You can choose to work for several industries including banking, non-profit organizations or for a variety of public sectors in the country where you can work for the government or local municipalities.
Accountants control the flow of money and manage budgets for almost every business. A career in accounting requires dedication and hard work, but it can also provide a large income and opportunities for career advancement. The site’s tone of voice should feel knowledgeable, friendly, and professional. If you want to join this already booming industry that is very flexible in terms of hours (you can do it part-time!) there is no better time than now to learn more about a degree in accounting.
Accounting has the highest median salary of all careers with a bachelor’s degree, according to the U.S. Bureau of Labor Statistics. However, our findings do not just inform us as to what various careers pay; they also reflect an underlying truth: some careers are far more selective than others when it comes to accepting applicants. While this is not a topic I would normally cover, readers requested that I examine it since they otherwise might not have thought about the answer themselves by simply looking at pay alone.
If you want the best job opportunities, I strongly suggest applying for work at the Social Security Administration, Department of Defense, and Department of Homeland Security. The starting salary at these three companies is in excess of $60k. For those who go on to obtain a graduate degree, such as an MBA, you can be earning $100k+ in your first year as a management consultant. So, as you can see here are some career options after getting your accountancy degree and they all have the potential of making a high salary. Also note that most certified public accounting firms now have internships that help students gain experience needed to start their own accounting firm later on, or find employment with another firm.
I would say a degree in accounting is good to get your foot in the door of small businesses and large corporations alike. You will become essential to them by their understanding the importance of accuracy in their activities, regardless of what they are. With that being said, you will learn more than just numbers and a lot of people seem to consider accounting as boring due to its tediousness. Accounting is going to be boring, but it is something that needs to be done correctly in order for an organization as a whole to hold up its end of the bargain.
If you’re interested in finding out more about accounting careers and what it’s like to work in an accounting firm, don’t miss this article from the American Institute of CPAs. It provides an inside perspective on what it’s really like to work as an accountant, not just the “unofficial” story. It also offers tips for convincing potential future employers that you are a good candidate for a job in accounting, as well as advice for current students who are working toward their degree and haven’t yet made up their mind about a career in accounting.
Accounting is one of the most vital fields of the business world. Whether you’re working in the public or private sector, it’s important to understand the fundamentals of accounting so that you can work effectively. By maintaining proper records, accounting helps ensure that a company follows federal laws and financial standards, ensuring legal and financially sound transactions are made across industries and sectors.