What Can I Do With A Major In Accounting and Finance?

Introduction

Accounting deals with communicating business and financial information. Majoring in accounting can lead to a variety of career paths in many different industries. Career paths can be generally categorized into two broad categories: public accounting and non-profit accounting.

Public accounting includes external auditing, tax planning and return preparation, and consulting. Usually one obtains the CPA (Certified Public Accountant) designation when choosing the public accounting career path. The CPA designation requires 150 college hours, most often achieved by obtaining a Masters of Accountancy degree after getting a bachelors degree.

Non-public accounting includes a very diverse collection of occupations such as: corporate controller, internal auditor, cost account, tax accountant, budget accountant, IRS agent, government auditor, nonprofit controller, government accountant, credit manager, and financial institution officer. Non-public accounting positions usually do not require a CPA designation; thus a bachelors degree is adequate preparation for these jobs. Often businesses desire accounting students for all types of non-accounting positions because of their broad business training and overall knowledge of the financial impacts of business events.



   

A Sample of Related Occupations

Related Occupations Related Occupations Related Occupations
Accountant Actuary Auditor
Bank Officer Budget Accountant Controller
Cost Accountant Certified Public Accountant Credit Manager
Educator (high school/college) Government Accountant Government Auditor
Information Systems Auditor Insurance Adjuster Internal Auditor
Internal Revenue Agent Management Consultant Materials Manager
Nonprofit Accountant Operations Manager Payroll Manager
Plant Accountant Property Accountant Purchasing Agent
Tax Accountant Tax Preparer/planner Treasurer

 


Types of Employers
Private and Non-profit Organizations

Banks

Hospitals

Brokerage Houses

Insurance Companies

Chemical Manufacturers

Manufacturing Companies

Colleges/Universities

Nonprofit Organizations

Construction Firms

Pharmaceutical Companies

Consulting Firms

Private Accounting Firms

Credit Unions

Public Accounting Firms

Engineering Firms

Service Organizations

Finance Companies

Transportation Companies 

High Technology Companies

Wholesale/Retail Operations

 

Government Agencies

Export Bank of the U.S.

Local Governments

Federal Bureau of Investigation

National Credit Union Administration

Federal Deposit Insurance Corporation

Comptroller of the Currency

Federal Trade Commission

Office of Budget and Management

Financial Management Service

Office of the State Auditor

General Accounting Office

School Districts

Health Care Financing Administration

Securities and Exchange Commission

Internal Revenue Service

State Governments

International Trade Administration

U.S. Forest Service

 


Related Web Links

 


Professional Associations


For additional career information, see the Occupational Outlook Handbook