Pride, Passion, Promise

Call Us 866.373.9547

University of Scranton Online Master of Accountancy
Home > Online Master of Accountancy – Overview > Accounting Careers and Salary Outlook

Share this page:

Accounting Careers and Salary Outlook

Discover career security through a mastery of accountancy.

The demand for flexible, high quality accounting education at the master’s level is at an all-time high due to the Sarbanes-Oxley Act of 2002 and additional needs of a growing economy and is expected to continue growing at a rapid rate. Such growth is fueled by most State Boards of Accountancy now requiring candidates to fulfill 150 credit hours in order to obtain a license in addition to current hiring by public accounting firms being at record highs.

To be successful in an accountancy leadership role, you need to cultivate strong analytical, quantitative, and leadership skills. You must also perform well under pressure and be able to function in your day-to-day work with high levels of precision. To succeed in these positions, you must also have a strong sense of ethics. Accounting leaders who manage a team must have strong mentoring and coaching skills to help your team reach their full potential.

Someone working in accountancy leadership may support a number of job functions including financial advisory services, consulting, growth enterprise, taxes, audits, and more.

Those working in accountancy leadership roles may work in a variety of professional environments, including the Big 4 accounting firms: Deloitte LLP, PricewaterhouseCoopers (PwC), Ernst & Young, and KPMG. Graduates may also work for regional and local public accounting firms with a focus on advancing the financial growth of these organizations.

 

Employment growth for accountants and auditors is projected to grow by 13 percent from 2012 to 20221.

 

Career Paths and National Salary Averages for Accountants

Check out the national compensation (salary + bonus) profiles for common management career paths2:

Public Accounting Career Path

Average Salary + Bonus (National)

Director of Accounting

$150,420

Director of Financial Reporting

$133,516

Controller

$202,967

Tax Director

$183,776

Internal Auditor

$94,608

General Accountant

$88,292

Financial Accounting Career Path

Average Salary + Bonus (National)

Banking & Financial Markets

Private Banking Director

$218,589

Analyst

$99,148

Credit Analyst

$71,870

Finance & Auditing

General Accountant

$88,292

Investment Analyst

$69,197

Financial Reporting Manager

$95,144

Risk & Compliance

Chief Risk Office

$225,833

Risk Analyst

$103,935

Compliance Director

$100,376

Award-winning Faculty and Distinguished CPA-Certified Alumni Set You Up For Success

The University of Scranton’s online Master of Accountancy ensures that students are immersed in real-world, practical topics, and courses are led by CPA-certified faculty members who are not only experts in the industry, but many who are also still working practitioners or consulting with the department’s Accounting Department Partnership Council (ADCP). The program also includes a deep discount for the Big 4 Firms-endorsed Wiley CPAexcel® materials. Students are offered access to the tool until they pass their CPA exam.

In order to prepare you for success, we also offer a wide variety of supplements exclusively to our students including:

  • The Vault: an online resource library for industry research, rankings, internships, and job postings.  Most popular - their guide books!  Students (and faculty) can download the books for free!
  • Big Interview: an online mock interview tool.  We are seeing a trend of online/virtual interviews and this can help students practice questions (of varying level and topic) and feel more comfortable in the virtual interview environment.  
  • Resume and cover lettering writing
  • Job search assistance
  • Job postings from employers that want Scranton Alumni

Learn More

Discover how an online Master of Accountancy from The University of Scranton can make a difference in your life. Request more information or speak with a Program Manager at 866-373-9547.

1Bureau of Labor Statistics. Accountants and Auditors. Accessed on March 17, 2015 from http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm

2Salary.com. Various salary reports. Accesed on March 17, 2015 from http://www.salary.com