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Bachelor's Degrees in Accounting / Finance

Career summary: Accounting & Auditing

Average Salary

$59,430

Bachelor’s graduates were offered $49,786 on average

Career Outlook

Excellent

22% predicted growth by 2018 which is much faster than average.

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Earn a degree in accounting / finance from an accredited college

One of the best ways to prepare for a career in accounting / finance is through a college education. A Bachelor's Degree will help you develop entry level skills, general accounting / finance know how and the basic accounting / finance experience you need to start your career off right. You may also consider a Continuing Education in Accounting / Finance to help you take your education and career to the next level. Please select accounting / finance school below.

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Why would I want an accounting degree?

There are many reasons why an accounting degree would be desirable. Being among the top of the list of reasons why someone would want to get an accounting degree is the stability of the profession. Due to tax rules and regulations; businesses, government agencies, and individuals will always need the services of an accountant. Accounting is a job that will always be in demand and will provide good, steady income no matter what area of accounting you choose.

What does an accountant do?

In the public sector (businesses and agencies) accountants are in charge of making sure that funds are spent efficiently, public records are kept accurately, and taxes are paid properly and on time. They also analyze financial information and communicate that information to various departments and/or clients. They provide this information by preparing, analyzing, and verifying financial documents (such as balance sheets and budget forecasts).

In the private sector, accountants offer a variety of services which include preparation of tax returns, budget analysis, financial and investment planning, information technology consulting, and limited legal services.

Some of the most common jobs in the accounting field are:

  • Public Accountants
  • Management Accountants
  • Government Accountants and Auditors
  • Internal Auditors

How much does an accountant make?

Like many fields, the salaries for accountants vary quite a bit, depending on your level of education and experience. According to the Bureau of Labor Statistics, the mean salary for accountants and auditors was $59,430 in 2008. The middle half of professionals in the field earned between $45,900 and $78,210, while the bottom ten percent earned $36,720, and the top ten percent earned a six digit income, with an average salary of $102,380.

According to a survey that was conducted in 2009 by the National Association of Colleges and Employers, students who were graduating with a bachelor’s degree in accounting were offered a starting mean salary of $48,993. Those who were graduating with a master’s degree in accounting were offered a mean salary of $49,786.

How popular are accounting jobs?

In the introduction, we mentioned that the accounting field is a very stable and reliable field to be in, and the statistics prove that statement. Employment in the accounting field is expected to grow by 22 percent through the year 2018. This growth rate is quite a bit higher than the average for all occupations. Some of the reasons for the job growth include changing financial laws and tax code, an increase in businesses, and increased accountability for protecting an organization’s stakeholders.

The job prospects are best for those who earn professional recognition through certification or other designation, especially a CPA (Certified Public Accountant).

How do I become an accountant?

In order to do basic book keeping and other basic financial duties, you don’t need to have any formal training. Many mom and pop stores either keep their own books or hire someone who earns an hourly wage to keep their books for them. In order to get a decent salary, though, most positions require at least a bachelor’s degree. Some companies require a master’s degree in accounting, or a master’s degree in business with an emphasis in accounting, before they will consider someone for a position.

Any accountant filing a report with the Securities and Exchange Commission (SEC) is required by law to be a Certified Public Accountant (CPA). It used to be that you only needed a bachelor’s degree in order to be eligible to take the CPA exam, but more and more states are requiring that you earn a master’s degree to be eligible for a CPA certification. While becoming a CPA takes more time and effort in the beginning, it generally leads to more opportunities and higher paying jobs.

Salary and career outlook data provided by the U.S. Bureau of Labor Statistics.

Accounting / Finance Schools (14)

American InterContinental University Online Request Info >
Colorado Technical University Online Request Info >
Colorado Technical University Online Request Info >
DeVry University Online Request Info >
Everest University Online Online Request Info >
Grand Canyon University Online Request Info >
Indiana Wesleyan University Online Request Info >
Jones International University Online Request Info >
Kaplan University Online Request Info >
LeTourneau University Online Request Info >

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