What can you do with a bachelor's in accounting?
A bachelor's degree in accounting will teach you how to manage finances and costs, develop financial strategies, and document financial transactions. Graduates of a bachelor's in accounting program may find many lucrative job opportunities available to them. Keep reading to discover what you can do with a bachelor's in accounting.
What jobs can you get with a bachelor's in accounting?
Most accounting jobs require at least a bachelor's degree in accounting. Depending upon the program you choose, your bachelor's in accounting program may focus on specialized areas such as forensic accounting or internal auditing. A bachelor's degree is required to qualify for Certified Public Accountant (CPA) certification from the Association of International Certified Public Accountants (AICPA), which is necessary for most accounting roles. Other certifications may be needed for certain positions. Below are a few career options with the Bureau of Labor Statistics salary data.
Financial manager
Financial managers plan an organization's long-term financial goals. They prepare financial reports, direct investment activities, analyze market trends, and advise management on maximizing profits. Financial managers must have strong analytical, communication, organizational, and math skills. This job may require certification as a Chartered Financial Analyst (CFA), Certified Government Financial Manager (CGFM), or CPA.
- Median annual salary (2023): $156,100
- Projected employment growth (2023–33): 17%
Financial examiner
Financial examiners may work for financial companies or the federal or state governments. They must monitor the condition of financial institutions, making certain that they are following laws and regulations. Financial examiners need strong analytical, math, communication, and problem-solving skills. This job may require certification as an Accredited Financial Examiner (AFE) or a Certified Financial Examiner (CFE) by the Society of Financial Examiners (SOFE).
- Median annual salary (2023): $84,300
- Projected employment growth (2023–33): 21%
Actuary
Actuaries analyze the financial costs associated with risk and uncertainty. Using mathematics, financial theory, and statistics, these professionals assess the risk of potential financial events and help clients create policies to minimize risk. They typically work in insurance, finance, government, and enterprise management. Actuaries need strong analytical, mathematical, communication, and computer skills. They may also be required to pass certification examinations administered through the Society of Actuaries (SOA) and the Casualty Actuarial Society (COS).
- Median annual salary (2023): $120,000
- Projected employment growth (2023–33): 22%