(Last Updated On: 13/03/2017)

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.

Occupation Median Salary Median Hourly Current jobs Outlook Required Education
Accountant $61,690 $29.66 1,290,640 Good Bachelor’s degree
Actuary $87,650 $42.14 19,730 Good Bachelor’s degree
Auditor $61,690 $29.66 1,290,640 Good Bachelor’s degree
Budget Analyst $68,200 $32.76 67,210 Normal Bachelor’s degree
College Professor $62,050 $29.83 1,756,000 Good Graduate Degree
Cost Estimator $57,860 $27.82 217,760 Good Bachelor’s degree
Elementary School Teacher $51,660 $24.84 1,549,520 Good Bachelor’s Degree
Financial Analyst $74,350 $35.75 250,630 Good Bachelor’s Degree
Financial Examiner $74,940 $36.03 27,020 Good Bachelor’s Degree
Financial Manager $103,910 $49.96 539,250 Good Bachelor’s Degree
Health Services Manager $84,270 $40.51 283,470 Good Bachelor’s degree
High School Teacher $53,230 $25.59 1,109,500 Good Bachelor’s Degree
Insurance Sales Agent $46,770 $22.49 434,770 Good Bachelor’s degree
Insurance Underwriter $60,670 $29.17 102,950 Normal Bachelor’s degree
Kindergarten Teacher $48,800 $23.46 179,520 Normal Bachelor’s Degree
Logistician $70,800 $34.04 100,380 Good Bachelor’s degree
Loan Officer $60,660 $29.16 327,840 Normal Master’s Degree
Middle School Teacher $51,960 $24.98 659,460 Good Bachelor’s Degree
Personal Financial Advisor $64,750 $31.13 208,420 Good Bachelor’s Degree
Real Estate Appraiser $48,500 $23.32 92,360 Normal Bachelor’s Degree
Real Estate Broker $54,910 $26.40 123,390 Normal Bachelor’s degree
Sales Manager $98,350 $47.28 346,860 Good Bachelor’s degree