June 14, 2021

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What to Do With an Accounting Degree

2 min read

What Can I Do With a Major in Accounting?

Accounting programs do an excellent job of preparing students for a career as an accountant or an auditor. In fact, more than fifty-five percent of all students who graduate college with a bachelor’s in accounting go on to work in one of those two occupations. Another twenty percent of graduates work in management and other supervisory positions.

Many accounting majors also go on to work in other types of occupations as well. For example, some work as insurance clerks, financial analysts, financial advisors, and real estate brokers. Many also end up working in sales-related positions.

Regardless of the exact nature of their work, nearly all accounting graduates use their financial and mathematical training in some capacity on the job, and they are incredibly valuable skills to have. In fact, just about every company in every industry needs to hire people with the skills and abilities that accounting majors have.

The average salary for an accounting major is $63,500, which is about seventeen percent higher than the average salary for all college graduates combined. Depending on your experience, the position you’re in, and the company that you work for, you may earn significantly more or less than the average. Generally speaking, people earn much more money late in their careers than they do early in their careers.

Career Options for Accounting Majors

Below is a list of some of the most common occupations for people with an undergraduate degree in accounting. This is by no means a comprehensive list, as people with accounting degrees go into many fields and do many different things. However, it should give you a good idea of the occupations that would be available to you with a degree in this field.

OccupationMedian SalaryMedian HourlyCurrent jobsOutlookRequired Education
Accountant$61,690$29.661,290,640GoodBachelor’s degree
Actuary$87,650$42.1419,730GoodBachelor’s degree
Auditor$61,690$29.661,290,640GoodBachelor’s degree
Budget Analyst$68,200$32.7667,210NormalBachelor’s degree
College Professor$62,050$29.831,756,000GoodGraduate Degree
Cost Estimator$57,860$27.82217,760GoodBachelor’s degree
Elementary School Teacher$51,660$24.841,549,520GoodBachelor’s Degree
Financial Analyst$74,350$35.75250,630GoodBachelor’s Degree
Financial Examiner$74,940$36.0327,020GoodBachelor’s Degree
Financial Manager$103,910$49.96539,250GoodBachelor’s Degree
Health Services Manager$84,270$40.51283,470GoodBachelor’s degree
High School Teacher$53,230$25.591,109,500GoodBachelor’s Degree
Insurance Sales Agent$46,770$22.49434,770GoodBachelor’s degree
Insurance Underwriter$60,670$29.17102,950NormalBachelor’s degree
Kindergarten Teacher$48,800$23.46179,520NormalBachelor’s Degree
Logistician$70,800$34.04100,380GoodBachelor’s degree
Loan Officer$60,660$29.16327,840NormalMaster’s Degree
Middle School Teacher$51,960$24.98659,460GoodBachelor’s Degree
Personal Financial Advisor$64,750$31.13208,420GoodBachelor’s Degree
Real Estate Appraiser$48,500$23.3292,360NormalBachelor’s Degree
Real Estate Broker$54,910$26.40123,390NormalBachelor’s degree
Sales Manager$98,350$47.28346,860GoodBachelor’s degree

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