Top 11 Careers For Accounting Majors In (2022)

 Top 11 Careers For Accounting Majors In (2022)

Many people think that an accounting degree does not have many job opportunities.

Careers for accounting majors are even considered as a unique career path.

However, while accountants must have strong math skills, the job is much more.

As such, the tasks of the job are much more diverse than many people assume.

In addition, the demand for accountants and auditors is expected to grow, which is considerably faster than the average for all occupations according to the U.S. Bureau of Labor Statistics (BLS).

Top 11 Careers For Accounting Majors
Top 11 Careers For Accounting Majors 

Top 11 Jobs for Accounting Majors

1.    1. Become an Accountant

An Accountant

An accountant is an obvious career for accounting majors. 

The purpose of the accountant is to track, analyze and record the financial data of an organization.

Accountants are also able to guide the management of a structure's budget, investments and expenses. 

It all depends on the size of the structure in question that invites them for services.

Nowadays and even for ages, all organizations need the services of an accountant including hospitals, NGOs, insurance companies and many more.

With a bachelor's degree, you will need to pass the Certified Public Accountant (CPA) exam. 

This is a degree administered by the American Institute of Certified Public Accountants.

The average salary per year for an accountant is $ 69,350.

 

2.  2. Become an Auditor

You can become an author with a degree in accounting, therefore a career for accounting majors.

The job of an auditor is to analyze the financial accounts of an organization to ensure compliance with regulations and internal policies.

In other words, the role of an auditor is to review the work of the accountant. Sometimes the accountant makes mistakes, and the auditor's role at that time is to detect those mistakes.

The auditor also ensures that no regulations have been violated in the accounting process.

Larger organizations often require the services of an auditor to review the books within the organization.

These organizations require these services as part of a strategy to reduce waste and identify fraud.

While some organizations hire auditors on a periodic or annual basis, others hire auditors only when fraud is suspected. Auditors generally work externally.

External auditors are mostly employed by accounting firms. You can become an auditor with a bachelor's degree in accounting and a CPA license.

The average salary per year for an auditor is: $ 69,350

 

3.    3. Become a Budget Analyst

A budget analyst is an ideal choice for careers for accounting majors. You can easily become a budget analyst with an accounting degree.

The budget analyst assists all types of organizations such as businesses, governments, universities, etc.

With financial management. The budget analyst works and manages to create budget reports and review budget proposals.

It is also important to note that these analysts must ensure that budgets comply with laws and regulations.

These specialists also have the role of evaluating financial requests, cost-benefit analysis and analysis of funding methods.

In conclusion, these professionals offer budget and funding recommendations on issues like management, administration or legislation, but the final budget decision is not the responsibility of the financial analyst.

The requirement for becoming a financial analyst is a degree in accounting.

The annual salary for a financial analyst is: $ 75,240

 

4.  4Personal Financial Advisor

You can become a personal financial advisor as a career for accounting majors. Personal financial advisors work with clients to help them achieve their financial goals.

They provide advice on everything from investments to mortgages to retirement funds. 

To perform these tasks perfectly or to be qualified for this position, you'll need a license in accounting. However, the qualifications depend on the company that employs you.

At other firms, you may need a license and certification from the Securities and Exchange Commission.

The average salary of a Personal Financial Advisor is: $90,640

 

5.  5. Become a Financial Examiner

The financial examiner is a career for accounting majors.

As the name suggests, the financial examiner is responsible for reviewing the finances and transactions of financial institutions to ensure compliance with laws and to assess the financial health of the institution.

The loan appraisal load, risk level of loans and transactions must be monitored very closely by the financial advisor.

This ensures that borrowers are protected and that lenders are not offering predatory loans.

As a financial examiner, you can work for in-house businesses, insurance companies, state and federal governments.

A financial examiner must keep in touch with new regulations.

Your role also includes establishing organizational policies to protect these regulations.

You will need a bachelor's degree to work in this profession.

The average salary of a financial Examiner per year is: $ 81,690

 

6. 6Become a Management Analyst

A group of financial analysts
A management analyst is a career for an accounting major.

A management analyst is also considered a management consultant.

As a management analyst, your role is to organize and provide suggestions for improving and making the structure more profitable.

The role of a management analyst is also to create in-depth research reports taking into account the structure of an organization.

As a professional, you must also take into account the experiences and opinions of staff and financial records.

Management consultants usually work alongside accountants and financial managers.

Knowledge of finance and business is an asset to your career success.

You must be able to suggest ways to improve the structure.

An accounting degree is a good foundation for a successful career as a management analyst. This position is available for candidates with a bachelor's degree.

The average salary of a management analyst: $ 82,450

 

7.  7. Become a Tax auditor

It is possible, with a major in accounting, to pursue a career as a tax auditor. Tax auditors work as employees of government tax authorities such as the IRS.

The work of a tax auditor is to review all tax returns and conduct subsequent audits. 

As an auditor, this means that you must ensure that taxpayers report all financial information accurately.

You must also ensure that this information is accurate and that any deductions or tax credits claimed are within the parameters of the law.

You must be able to assess penalties, interest or fees if the taxpayer fails to do so.

Note that for taxpayers who have overpaid, you must issue a refund.

To qualify for this position, you must have a bachelor's degree in accounting or a related field to become a tax examiner.

The average salary of a tax auditor per year is: $ 53,130

 Read on: 20 Lucrative Careers With A Degree In Finance


8.  8. Become a College Professor

Female college professor teaching in class
Accounting majors who are interested in science and theory are interested in this career for accounting majors. 

You can pursue a career in college as a professor.

Accounting professors are expected to give lectures to students.

College professors are expected to provide students with the necessary skills that will enable them to succeed in the industry.

Many accounting professors started as accountants before transitioning to academia.

For university professors, you will need at least a master's degree and possibly a doctorate.

The average salary of a college professor is: $ 100,270

 

9. 9. Become a Computer Programmer

Computer Programmer is a career you can pursue as an accounting major. It is an unusual and interesting career choice for accounting majors.

Normally, a computer programmer can be practised without a "defined" degree requirement.

That said, you can work as a programmer with basic skills that can be learned on your own.

As an accountant, you have an advantage and your strong reasoning skills make it easier to analyze complex systems and puzzles.

The average salary for a Computer Programmer is: $ 101,790

 

10. Become an Actuary

An actuary is an ideal career for accounting majors.

These professionals are generally skilled in mathematics and statistics.

Actuaries master financial information and theory to easily assess the financial costs of risk and uncertainty.

Actuaries are available to work for a variety of companies like financial, insurance and banking companies.

That is, you can work in this position with a bachelor's degree in any field primarily related to finance or business and of course accounting. For certification in the field, a series of exams must be passed.

A professional actuary must be certified by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA).

If you have just graduated from college and want to become an actuary, then start preparing for these tests.

 

11. Become a Stockbroker

stockbroker greeting each other
Do you love the stock market? You can pursue a career as a stockbroker with a degree in accounting.

A stockbroker is a career for accounting majors that don't necessarily require a degree in accounting to pursue, but having a degree is an asset.

If you have the ability for picking winning stocks, this is the career for you.

Put your passion and skills to work by becoming a stockbroker.

You will be responsible for buying and selling securities on behalf of your clients.

The average salary of an actuary per year is $ 101,560

 Read on: Top 19 High-Paying Jobs In The World


Conclusion

The above 11 jobs are diverse careers for accounting majors with virtually unlimited options.

If you have the right skill set for the job, you can find a way to employ those that also suits your tastes, personal strengths and personality.

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