By Susan - Tuesday 13 Jan 11:00 am
Accounting degrees offer a lucrative future in terms of appealing salaries and the promise of future growth in your field. Accountants will always be in employment, no matter what the situation of our economy. Books will always need to be done, in fact companies depend on accountants to keep their financial status in check. Accounting degrees are therefore one step in the right direction towards being employed within a reliable and economically viable field.
There are certain industries within the accounting field that are more competitive in terms of the salaries they offer. Having your accounting degree can assist you in breaking into one of these niche industries and making your way towards a leading accounting position and impressive salary.
The 5 best industries and salaries for those with accounting degrees are as follows:
- Accounting Firms – Obviously accounting degree graduates will benefit hugely from accounting firms who’s sole focus is on supplying accounting services to various companies and business establishments. Depending on where you work, you could receive a starting salary of $30000 – $55000 per annum, $40000 to $85000 after 3 – 5 years and between $50000 and $110000 after 5 – 7 years of service.
- Law Firms and Legal Enterprises – Law firms deal with a of of money coming in and going out. The accounting department needs to be on it’s toes in order to keep everything in balance and to ensure that accounts are paid. An accounting degree more than qualifies you for this job, but the pressure may be high. Annual salaries will be similar to that of the accounting firm listed above.
- Contract work in all Industries – Although you may not be guaranteed that you will have work for the next two years, you will be able to demand a higher salary for your contract period. Accounting degree graduates would be able to take advantage of this, although it is advisable to have some working experience first before promoting yourself as a solo flyer. Salary can start at $50000 on an annual basis.
- Government – Although Government have strict budgets to adhere to, they reward thir employees hugely with impressive salaries as well as incredible benefits. Accounting degree graduates would find it to be extremely beneficial working within government accounting offices. Average annual salary starting at $50000.
- Private Healthcare – Private healthcare operations offer attractive packages for anyone that is employed within their workforce. Accounting degree holders will find themselves to be decently remunerated for accounting services rendered in this domain. Average annual salary starting at $43000.
All salary information was obtained on Payscale.com and further information regarding this subject can be found by clicking here. By referring to their guide of expected salaries, accounting degree graduates can decide for themselves which industries would be the most profitable to enter into.
Posted in: College Degrees
By Susan - Friday 26 Dec 10:05 am
Accounting degree graduates have a wealth of job opportunities as their field is one of the most popular to enter into. With attractive opening salary offers from businesses around America, many students choose to enter into the Accounting degree program, hoping for their own personal profitable opportunity.
The America job markets offer numerous entry level positions for accounting degree holders, intending to employ them from the start of their careers so that they can grow and learn with the company. Company ethics and morals as well as principles and methodology become ingrained in the accounting degree graduates, building them into one of the team players.
According to Salary.com’s website there are some cities that are more suited to employing entry level accounting degree graduates than others may be. For those graduates that are not tied down to a particular city, it could be a good idea to research these options, ensuring a better chance of receiving top class employment after completing their accounting degrees.
The 5 best cities for entry level accounting degree graduates are taken from the article on Salary.com that can be found by clicking here. They have been listed below:
- Plano, Texas – Accounting degree graduates will be sure to find job availability here as it is a thriving metropolitan area bursting with financial businesses. Not only listed as on of the prime areas for entry level accounting degree holders, but also for anyone wanting to do business.
- Aurora, Colorado – Aurora has a booming economy where accounting degree graduates will happily settle into the bustling life of the 3rd most populated city in Colorado. Their key areas of growth and advancement are biotechnology and aerospace.
- Omaha, Nebraska – Omaha is the largest city in Nebraska offering a wealth of opportunity for accounting degree graduates and regular job seekers alike. Top industries in this area include banking, transportation, telecommunications, insurance and construction.
- Minneapolis, Minnesota – Minneapolis is the largest city in Minnesota with a strong economy based on commerce, finance and health care. Accounting degree graduates will also find employment within the sector of transportation, which is also fairly prominent in Minneapolis.
- Albuquerque, New Mexico – Albuquerque is the largest city in New Mexico and is placed in the middle of the New Mexico Technology Corridor. Accounting degree graduates can find entry level positions in the growing fields of technology and high tech research.
Accounting degree graduates need not be in a panic about finding their own entry level positions, as even outside of these cities listed above there is always opportunity and job availability for accounting degree holders. If you imagine that every company need to have their books written up and their company accounts done, then it is easy to understand why the accounting degree is so popular.
Posted in: College Degrees
By Susan - Tuesday 23 Dec 2:00 pm
It is no secret that accounting degrees are well received and attended because of the fabulous monetary benefits that accountants enjoy. CNN Money has voted Accounting as one of the top career choices in terms of stability, salary and accessibility. Read the full article by clicking here. Everyone needs an accountant, everyone works with money, so everyone will need the services of an accounting degree graduate at some stage or another.
There are numerous entry level positions that accounting degree graduates can enter into, and from here growth and development can lead you to your ideal career choice. The experience necessary for maintaining a high power position in accounting will be acquired through formative years in an entry level position, building up to the eventual position that you set out for as an accounting degree graduate.
As an accounting degree holder, you want to make the correct decisions right off the mark, so opting to enter into a career where you can grow and advance into your dream career is imperative. Here are the 5 top careers for accounting degree graduates. From these positions, career advance is highly likely.
- Public Accountant – As an accounting degree graduate, you will be able to enter into most companies as a Public Accountant. You are basically a general accountant with no specific responsibilities other than the basic accounting functions. From here you can evolve into many different positions, as your foundation is so broad.
- Management Accountant – A management accountant works with one specific company or a few companies and does all the accounts and books for them, even if working within a large firm. Accounting degree holders in this position would be assigned a company to work with and would focus solely on their accounts.
- Internal Auditors – A career in internal auditing will cover the audits for the company you work for and only them. Your accounting degree will assist you by providing you with the knowledge needed to carry out constant investigative functions to ensure that your company is not committing fraud or wasting money and that they are compliant with government regulations and laws.
- Government Accountant – Your position would be the same as that of a Public Accountant except you would be working for the Government. Your accounting degree will ensure that you are able to audit companies, ensure that revenue is collected and allocated correctly, keep up to date with the taxation of companies and individuals etc. Plus a government career can offer you stability as well as certain benefits.
- Banker – A great entry level for any accounting degree holder is as a banker. There are numerous tasks that need to be carried out on a day to day basis within the banks, and new employees will get the chance to move through most of them unless they specialize in something specific. From here a leap to investment banking can be made, ensuring a more attractive salary.
Posted in: College Degrees
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