Salary Expectations: Mba Accounting

The Masters in Business Administration (MBA) with a specialization in Accounting has become an incredibly versatile degree

. You will find Accounting MBAs are considered indispensable in the business world, no matter if the organization is small or large. You will also find MBA Accounting graduates working for many governmental agencies and even non-profit organizations. No matter what aspect of business interests you, your Accounting MBA gives you the knowledge and skills you need to succeed.

Salaries for those with an MBA in Accounting are definitely on the rise. Even in lower paying positions, such as those in non-profit organizations, offer Accounting MBAs starting salaries above $50,000 a year. Government agencies offer slightly higher salaries of $60,000 to $80,000 a year. But of course the highest salaries are offered in the private sector and can top out over $100,000 a year. So, as you can see, an MBA in Accounting is an excellent investment.

So what is the MBA with an Accounting specialization? The MBA is a graduate level degree that can take anywhere from one to three years to complete, depending on the program you choose. In order to qualify for the MBA, you must have an undergraduate degree (preferably in business or accounting), and you must have a good score on the GMAT test. Today there are a wide variety of ways to earn your MBA degree, whether it is through an executive MBA program that takes a year, to a standard two-year program, to the many options available on the evenings and weekends and online. In order to specialize in Accounting, you will switch from general business topics to more focused subjects such as accounting software and programs, critical thinking and financial strategy, taxes and tax law, legislation and changes that impact financial reporting, and good business design.

Once you have completed your Accounting MBA, you will have endless career opportunities. Accounting MBA graduates are found in all aspects of business. You might work as a financial controller or as a staff accounting (but more likely as a senior accountant). You often find Accounting MBAs working as auditors, and even as Chief Financial Officers. In other words, with an MBA with an Accounting specialization, you will be in high demand no matter what you find interesting.

Happily, the job outlook for those holding an MBA in Accounting is excellent. Even in todays difficult economy, the Bureau of Labor Statistics states that the need for Accounting MBAs will grow at a rate of 40% in the next decade, although competition for the best positions will be strong. So an Accounting MBA is a smart career choice.

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