subject: What Is The Job Outlook For Accounting Degree Graduates [print this page] There are a lot of career opportunities with an Online Accounting Degree. While an online associates degree can help you to get an entry level job, a bachelors degree can enable you to become an accountant, auditor or senior accountant provided you have enough experience. A bachelors degree also enables you to work in various job settings like private organizations, government as well as non-profit organizations. To get a license and become a public accountant, you need to pass the CPA exam. You can also seek employment in other areas like in operations, finance, branch management, marketing and even human resource. The job outlook is very bright with several career opportunities.
Getting a Job with an Online Accounting Degree
While you can consider an online associates or bachelors degree, an Online Masters Degree is more fruitful and can help you to get jobs like Financial Controller, Accounting Manager, Vice President of Accounting and Chief Financial Officer (CFO). You can even get mid-upper level management career options in other related areas as well.
Job Outlook for Accounting Degree Graduates
With an Online Accounting Degree, the U.S. Bureau of Labor Statistics (BLS) indicates that the employment for this profession will grow at a much faster rate than other occupations through 2018. This growth is likely due to factors like increase in businesses and complexity of the current financial situations. There is also a need for specialized knowledge in specific areas to develop niche careers. CPAs and other license and certification holders get better job options and have brighter prospects. Advanced degree programs and experience also helps in getting better positions and salaries.
Salary for an Accounting Degree Graduate
According to the BLS reports of 2009, as an accountant you can expect to earn a median salary of $60,340, with the middle 50% getting anywhere between $46,740 and $79,470 with the lowest 10% earning about $37,690, the highest 10% getting $104,450 per year. If you are a CPA, then you can earn a much higher salary which can increase with experience, specialization and certifications. Your job outlook also depends on the experience you have either through internship or fulltime jobs.
With an Online Bachelors Degree in Accounting, you can become an accountant and you can also become a CPA by passing licensing exams. However, most of the employers recruit accountants with a masters degree or an MBA with a specialization in accounting.
If you get your accounting degree from a top accounting college, and support it with internships and by passing licensing exams, then you can look forward to a successful career as an accountant.
