Financial Accounting Degree Job Opportunities

Find Career and Employment Opportunities in Financial Accounting

Financial accounting degree programs are designed to help students prepare for a career within the financial industry. They will learn to review financial statements, plan finances, and generate investment information. After completing this degree, students will be prepared to work as a tax examiner, certified public accountant, or stock broker.

Financial Accounting Degree Programs

Individuals that work as financial accountants assist both individuals and organizations with their financial activities. Degree programs in financial accounting can be completed at the bachelors or master’s degree levels, and most MBAs also have an emphasis selection for financial accounting. These types of programs will require students to complete course work in:

  • Database management
  • Bookkeeping
  • Tax law
  • Accounting principles
  • Business mathematics
  • Financial accounting

Some programs will also require students to complete internships with a financial accountant or within a financial accounting practice.

Stock Broker Job Opportunities for Financial Accounting Degree Graduates

Stockbrokers are responsible for representing individual investors or companies by buying and selling stocks and other securities. By pursuing a degree with a financial accounting discipline, a person will become prepared to pursue this type of career, as they will have the necessary knowledge of math, finance, and economics. The completion of stock broking activities may occur on the floor of the stock exchange, such as the Chicago Mercantile Exchange and the New York Stock Exchange. However, much of this work can also be completed from an office over the phone. They are required to negotiate prices, so they need to be able to handle stress and have excellent skills in communication and business. The median annual salary for stockbrokers in 2009 according to The U.S. Bureau of Labor Statistics was well over $70,000.

Certified Public Accountant Job Opportunities for Financial Accounting Degree Graduates

Certified public accountants may be more commonly known in the short form of CPAs. These accounting professionals provide services in auditing and accounting to organizations, government agencies, and individuals, and they may specialize in one particular area of accounting. Accountants analyze business operations, revenues, financial commitments, costs, and obligations, and they also provide auditing services for both individuals and businesses. They may also advise clients about compensation and employee health care benefits. CPAs are required to complete at least a bachelor’s degree and must then pass a long and difficult exam to become certified. It is believed that three out of four individuals that take the test will fail it on their first attempt, but once passed, CPAs also need to continue their education with at least 40 hours of coursework each year to maintain certification. According to the U.S. Bureau of Labor Statistics, the median annual salary for certified public accountants in 2009 was $60,340.

Tax Examiner Job Opportunities for Financial Accounting Degree Graduates

Generally, tax examiners work for government organizations to determine the accuracy of tax statements submitted by other organizations or individuals. They look for fraud and ensure compliance with previously determined regulations, and they must have at least a bachelor’s degree in economics or financial accounting due to the need for a strong financial and mathematical knowledge. Tax examiners conduct independent field audits and investigations of income tax returns and also review filed tax returns to determine whether claimed tax credits are allowed by the law. They will also send notices to taxpayers when their accounts are delinquent. These individuals must also have a throughout knowledge of tax codes and need to have an excellent attention to detail to find fraudulent transactions or miscalculated numbers. The U.S. Bureau of Labor Statistics has stated that this career will grow at a slower pace than average in the coming years. However, tax examiners are paid quite well, and the median annual salary for these professionals in 2009 was $48,550.

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