Top Jobs With an Accounting Degree

by

Updated June 3, 2024 · 2 Min Read

check mark Edited by
An accounting degree can open doors to many career paths in business and finance. Explore popular and potentially lucrative options with this guide to the accounting employment landscape.

Accounting.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

Are you ready to discover your college program?

Credit: AmnajKhetsamtip / iStock / Getty Images Plus

A bachelor's in accounting consistently ranks among the highest-paying undergraduate degrees you can earn. Payscale data from May 2024 shows that working professionals with an accounting bachelor's consistently out-earn people with similar credentials.

According to Payscale, an accounting bachelor's pays an average of 11.2% more than a bachelor's in marketing and 9.7% more than a bachelor's in finance. It even out-earns a bachelor's degree in business administration by about 1.3%.

This career guide specifically focuses on high-paying jobs open to people with only a bachelor's degree in accounting. Use it to help inform your post-graduation playbook as you prepare for workforce entry.

Popular Online Accounting Bachelor's Programs

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

Financial Manager

Financial managers typically work for private-sector organizations, especially in the finance and insurance industries. Taking both short-term and long-term views, they identify organizational finance goals and create strategies for meeting them. Financial managers also play a major role in selecting and managing investments.

  • Job Outlook (2022-32): +16%
  • Median Annual Salary: $156,100

Source: BLS

Actuary

Actuaries specialize in applying mathematical modeling, statistical analysis, and risk theory to calculate the financial costs associated with uncertainty. In addition to a bachelor's degree, the profession requires practitioners to pass a series of rigorous examinations. Commonly associated with the insurance industry, actuaries also work in finance, enterprise management, and government.

  • Job Outlook (2022-32): +23%
  • Median Annual Salary: $120,000

Source: BLS

Certified Management Accountant

Certified management accountants (CMAs) offer advanced expertise in both managerial accounting and financial strategy. Operating at the intersection of these two specializations, CMAs play leading roles in organizational financial planning, analysis, and decision-making. CMAs also help their employers and clients identify and mitigate financial and operational risks.

  • Job Outlook (2022-32): +4%
  • Average Annual Salary (May 2024): $101,000
  • Additional Credentials: CMA Certification

Source: BLS, Payscale

Certified Public Accountant

Certified public accountants (CPAs) prepare financial statements, tax filings, and internal financial records for their clients or employers. They also offer consulting and financial analysis services, and some perform internal or external audits of financial records. To work as a CPA in the United States, you must earn and maintain a state-issued license.

  • Job Outlook (2022-32): +4%
  • Average Annual Salary (May 2024): $98,000
  • Additional Credentials: CPA License

Source: BLS, Payscale

Budget Analyst

Budget analysts examine financial data for large organizations and companies, preparing reports on financing and spending. They play a significant role in organizational management and planning, applying specialized skills and tools to monitor clients' financial health. Budget analysts also evaluate budgeting requests and make recommendations on spending priorities.

Source: BLS

Common Questions About Accounting Career Paths

What are the highest-paying accounting jobs?

The highest-paying jobs with an accounting degree include financial manager, actuary, and CMA roles. As of May 2024, all three of these careers pay median or average salaries in the six-figure range.

A bachelor's degree in accounting offers a favorable return on educational investment, as the credential may help you qualify for entry to multiple high-paying career paths. However, some professionals elect to add a master's degree in accounting or an MBA to access additional advancement opportunities.

You can qualify for many jobs with an accounting degree. Entry-level positions include bookkeeper and auditing or accounting clerk roles. With more experience or training, you can earn CPA or CMA certification. Among other paths, you can also pursue a career as an actuary, auditor, financial manager, or budget analyst.

Many education and labor market experts rank accounting among the most practical and high-paying college majors. With a bachelor's degree in accounting, you can enter multiple career paths with excellent earning, growth, and advancement potential.

Recommended Reading

Search top-tier programs curated by your interests.

Let us know what type of degree you're looking into, and we'll find a list of the best programs to get you there.