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Industry Certification & License Prep
Emergency Management
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Colorado State University Global
Industry Certification & License Prep
Emergency Management
Information Technology
Teaching and Learning
Blog
April 22, 2021
Recently, we explored what accountants do and what you can do with a bachelor’s degree in accounting, but here we’ll explain what specific jobs you can get with a Master’s Degree in Professional Accounting.
Getting your M.S. in Accounting is one of the best possible ways to prepare yourself to land a great job in the industry, especially if you’re aiming to secure a leadership or managerial role.
Whether you’re new to the field, or you already have experience and simply need the academic credentials to advance your career, completing a master’s program is one of the best ways to set yourself up for long-term success.
Earning your Master’s Degree in Accounting will ensure that you’ve developed the foundational knowledge, skills, and abilities required to serve as an efficient and effective accountant, and getting your degree is also likely to help improve your marketability for related roles.
To help you make the right decision on whether or not you choose to pursue an M.S. in Accounting, we’ll offer a detailed explanation of some of the best jobs for accounting master’s graduates, including:
When you’ve finished reading this post, fill out our information request form to receive additional details about CSU Global’s 100% online Master’s Degree in Accounting, or if you’re ready to get started, submit your application today.
After completing your Master’s Degree in Accounting, you’ll be ready to start applying for job opportunities, including management and leadership-level positions.
And while you may have plenty of options for roles as a traditional accountant, don’t forget that you’ll also be able to apply to other types of positions that don’t have “Accountant” in their job title, including:
Accountants & Auditors / 2021 Median Pay: $77,250
The Bureau of Labor Statistics (BLS) explains that accountants and auditors are responsible for preparing and examining financial records, and as we’ve seen above, this allows them to play a critical role in driving the success of virtually any enterprise.
The demand for accountants and auditors is projected to rise 6% by 2031, which is about on pace with the average growth rate for all occupations; this is a good sign that this industry shows no signs of slowing down.
Budget Analysts / 2021 Median Pay: $79,940
Budget analysts play a similar role to accountants in that they’re heavily involved in preparing financial statements, but analysts have a different role in the process.
Typically, a budget analyst’s job is to plan an organization’s finances, which is a specific responsibility that makes them incredibly important to modern businesses.
The BLS also reports that the employment of budget analysts is projected to grow 3% by 2021, which is about as fast as the average rate for all occupations.
If you want to specialize in a specific part of the accounting process, namely, preparing financial plans, then you should look into pursuing a career as a budget analyst.
Financial Managers / 2021 Median Pay: $131,710
Financial managers also perform a similar set of tasks as accountants, but this is typically more of a senior-level role that may require industry experience and advanced educational credentials since it involves leadership and managerial skills.
Per the BLS, financial managers are responsible for creating financial reports, directing investment activities, and developing plans to reach an organization’s long-term financial goals.
This is an absolutely critical role at any organization and one that’s seeing a rapid increase in demand too.
In fact, according to the BLS, the employment of financial managers is likely to grow 17% by 2031, a rate that’s much faster than the average for all occupations.
If you’re interested in assuming a leadership role at an organization and you want to play a huge part in determining the organization’s financial strategy, then you’d be hard-pressed to find a better potential career path.
Operations Research Analysts / 2021 Median Pay: $82,360
People trained in accounting best practices make great operations research analysts, as this role is all about using advanced mathematical and analytics methods to solve complicated issues, typically related to financial concerns.
Per the BLS, this industry is downright booming, and the employment of operations research analysts is projected to grow 23% by 2031, which is far faster than the average rate of growth for all occupations.
Though it may be possible to land a role in this field with just a Bachelor’s Degree in Accounting, BLS points out that at least some employers are going to prefer applicants with a master’s degree for this important position.
If you’ve got strong skills in mathematics and you’re interested in statistics and predictive analytics, then this could be the perfect position for you.
Top Executives / 2021 Median Pay: $98,980
Though it’s a nebulous description for a job title, BLS explains that “Top Executives” are those individuals who direct the strategies and policies of organizations to help ensure they’re able to accomplish their goals.
To be clear, these are not entry-level positions, as they tend to require at least a bachelor’s degree and considerable work experience, but they are roles that seasoned, successful accountants can grow into.
People with financial backgrounds can make especially good executives since they tend to have a great deal of experience in setting budgets, running efficient operations, and generating profits.
Per the BLS, employment for top executives is projected to grow about 6% by 2031, which is about on par with the average rate for all occupations.
You may not land a “Top Executive” role right out of your master’s program, but this is certainly a position that you could consider setting your sights on for the long-term.
Yes, it’s worth completing a Master’s program in Accounting as it’s one of the best ways to develop the knowledge and skills needed to get a job in this competitive, but rewarding field.
By completing an M.S. in Accounting, you can prove that you’ve got the skills and abilities needed to provide value to an organization from day one.
And whether you choose to pursue a traditional accounting role or a position in a related field, getting your master’s will increase your marketability and improve the chances that you’ll be able to land a good job in this competitive industry.
Just remember that it’s absolutely critical to choose the right master’s program, as you’ll certainly want to earn your degree from an accredited and well-respected school.
Yes, you can get a regionally accredited Master’s of Science Degree in Accounting entirely online from CSU Global, an online university that is regionally accredited and widely respected.
Our 100% online Master’s in Professional Accounting program offers more flexibility and freedom than a traditional in-person program, as it was designed to help students juggle educational pursuits with existing work and family responsibilities.
Choosing to get your M.S. in Accounting online from CSU Global offers several advantages over traditional programs, including not needing to appear at any set times or locations for classes, getting access to monthly class starts, and accelerated, eight-week courses.
CSU Global’s online Master’s Degree in Accounting program is an excellent choice for anyone looking to develop advanced accounting capabilities, leadership and managerial skills.
Our online B.S. degree in Accounting is nationally and professionally recognized, regionally accredited by the Higher Learning Commission, and ACBSP Accredited by the Council of Business Schools and Programs.
This program also offers you the chance to choose an Area of Emphasis, which lets you specialize in one of five niche accounting responsibilities, including:
Our master’s program alumni also report excellent results after completing their degree, including a median salary one year after graduation that is 6% higher than the national average for all master’s degree holders (BLS, 2019), and an average salary increase of 30% three years after graduation.
Furthermore, our M.S. in Accounting program ranks exceptionally well, having recently earned two top 5 rankings, including:
Finally, CSU Global offers competitive tuition rates and a Tuition Guarantee to ensure your rate won’t increase as you’re getting a degree in the desired field.
To get additional details about our fully-accredited, 100% online M.S. in Accounting program, please give us a call at 800-462-7845, or fill out our Information Request Form.
Ready to get started today? Apply now!
