22 Jobs You Can Get With a Degree In Accounting
Accounting is one of the largest and most varied professional fields. Individuals aspiring to build a career in this field require a strong foundation in financial management and analysis. Graduates with a degree in accounting have a wide range of career opportunities available to them in both the public and private sectors, from tax accounting to financial planning to investment banking.
With the ever-increasing complexity of the global economy, the need for skilled accounting professionals has never been greater. In this article, we will explore 22 jobs you can get with a degree in accounting, along with their average salaries. Whether you are just starting your accounting career or looking to make a change, this article will provide valuable insights into the different career paths available to you in the accounting field.
Jobs You Can Get With a Degree In Accounting
Certified Public Accountant (CPA)
CPAs are licensed professionals who provide various accounting services, including auditing, tax preparation, and financial planning. To become a CPA, you’ll need to pass the CPA exam and meet your state’s education and experience requirements. The average salary for a CPA is around $73,000 per year.
Financial Analyst
Financial analysts help organizations make investment decisions by analyzing financial data and market trends. They may work in investment banking, corporate finance, or financial planning and analysis. The average salary for a financial analyst is around $81,000 per year.
For those who want to advance their career in accounting, pursuing a masters of accountancy online degree is a popular option. The MAcc program provides advanced education in accounting, preparing graduates for leadership positions in the field. Graduates of a MAcc program can pursue careers in public accounting, corporate accounting, financial analysis, and many other fields. The average salary for someone with a MAcc degree is around $73,000 annually.
Tax Accountant
Tax accountants specialize in preparing and filing tax returns for individuals and businesses. They also provide tax planning advice to minimize their clients’ tax liabilities. The average salary for a tax accountant is around $65,000 per year.
Internal Auditor
Internal auditors evaluate an organization’s internal controls and financial reporting processes to ensure compliance with regulations and identify areas for improvement. The average salary for an internal auditor is around $66,000 per year.
Forensic Accountant
Forensic accountants investigate financial crimes, such as fraud and embezzlement, and provide litigation support for court cases. The average salary for a forensic accountant is around $75,000 per year.
Budget Analyst
Budget analysts help organizations develop and manage budgets by analyzing financial data and recommending cost-saving and revenue-generation strategies. The average salary for a budget analyst is around $76,000 per year.
Financial Planner
Financial planners help individuals and families develop long-term financial goals and create investment plans to achieve them. The average salary for a financial planner is around $87,000 per year.
Cost Accountant
Cost accountants analyze an organization’s expenses to determine the cost of producing goods and services. They may also develop cost-allocation methods and budgeting processes. The average salary for a cost accountant is around $66,000 per year.
Financial Controller
Financial controllers are responsible for overseeing an organization’s accounting and financial operations, including financial reporting, budgeting, and forecasting. The average salary for a financial controller is around $122,000 per year.
Investment Banker
Investment bankers help organizations raise capital by underwriting securities offerings and providing financial advice for mergers and acquisitions. The average salary for an investment banker is around $95,000 per year.
Credit Analyst
Credit analysts evaluate the creditworthiness of individuals and businesses and make recommendations for lending decisions. The average salary for a credit analyst is around $63,000 per year.
Corporate Accountant
Corporate accountants are responsible for maintaining an organization’s financial records and preparing financial statements for internal and external stakeholders. The average salary for a corporate accountant is around $66,000 per year.
Government Accountant
Government accountants work for federal, state, or local government agencies and are responsible for managing public funds and ensuring compliance with regulations. The average salary for a government accountant is around $69,000 per year.
Management Accountant
Management accountants provide financial analysis and advice to help organizations make strategic business decisions. The average salary for a management accountant is around $74,000 per year.
Payroll Manager
Payroll managers oversee an organization’s payroll processes, including calculating employee wages, taxes, and benefits. The average salary for a payroll manager is around $77,000 per year.
Financial Reporting Manager
Financial reporting managers are responsible for preparing and filing financial reports, such as annual reports and 10-K filings, with regulatory agencies and shareholders. The average salary for a financial reporting manager is around $103,000 per year.
Accounting Information Systems Manager
Accounting information systems managers are responsible for maintaining an organization’s financial information systems, including software, hardware, and databases. The average salary for an accounting information systems manager is around $108,000 per year.
Investment Analyst
Investment analysts research and analyze financial data to help organizations make investment decisions. They may work in asset management, equity research, or private equity. The average salary for an investment analyst is around $83,000 per year.
Business Valuation Analyst
Business valuation analysts determine the value of businesses for mergers, acquisitions, or other financial transactions. They may also provide litigation support for court cases. The average salary for a business valuation analyst is around $80,000 per year.
Financial Auditor
Financial auditors review an organization’s financial records and processes to ensure accuracy and compliance with regulations. They may work for accounting firms, government agencies, or corporations. The average salary for a financial auditor is around $68,000 per year.
Nonprofit Accountant
Nonprofit accountants work for nonprofit organizations and manage the organization’s financial records, prepare financial statements, and oversee budgets. The average salary for a nonprofit accountant is around $56,000 per year.
Financial Consultant
Consulting is a broad field encompassing many types of work, including accounting. Consultants work with businesses and organizations to help them solve problems and improve operations. The average salary for a consultant with an accounting background is around $84,000 annually.
Conclusion
A degree in accounting provides individuals with a wide range of career opportunities. Whether you want to work in public accounting, corporate accounting, or a related field, there are many paths to explore. Additionally, pursuing advanced education through a Master of Accountancy program can help you take your career to the next level. With so many options available, individuals with a degree in accounting can find a fulfilling career that aligns with their interests and goals.
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