Accounting Careers: Explore Your Path

Make Your Online MAcc Degree Work for You

When you earn your online Master of Accountancy degree, you do more than gain a competitive advantage. You prepare to help people and businesses organize their financials and influence key business decisions.

By graduating with your online MAcc degree, you can qualify for advanced roles like chief financial officer or financial analyst. In addition, MAcc graduates earn a 41% higher average salary than their undergraduate counterparts.

Master of Accountancy Graduates Are in Demand

Financial expertise is in demand across industries. The majority of businesses require financial assistance and seek out accounting professionals to help provide clarity. In fact, the U.S. Bureau of Labor Statistics predicts 10% job growth for accountants and auditors from 2016 to 2026. Now is the ideal time to earn your Master of Accountancy degree. Do more than prove your knowledge — prove your value.

The top industries hiring Master of Accountancy graduates include:

  • Finance and Insurance
  • Professional/Technical Services
  • Manufacturing
  • Health Care
  • Information
  • Retail Trade
  • Real Estate
  • Public Administration

Diverse Careers for Accounting Professionals

Financial experts are able to find solutions to business problems by applying advanced knowledge in communication, analytics, strategy and technology. Because of this range of skills, you can choose from several different areas of practice. In some cases, you may need additional training or certifications to obtain employment for higher-level roles.

Financial Analyst

A financial analyst is responsible for evaluating investment opportunities and making recommendations to individuals and businesses based on information and data. Financial analysts examine the performance of various types of investments, review data to project company earnings and carefully study business and economic trends.

Fast Facts:

  • The top hiring industries are finance and insurance.
  • The average salary for financial analysts is $68,314. Approximately 25% earn more than $81,454 per year.
  • The demand for the profession is expanding steadily, with employment projected to grow 11% from 2016 to 2026.

According to Burning Glass APIs

Typical job titles:

  • Senior financial analyst
  • Accounting analyst
  • Treasury analyst
  • Financial analyst II

Specialized skills required:

  • Financial analysis
  • Accounting
  • Budgeting
  • Financial reporting
  • Economics
  • Financial modeling
  • Financial planning

Accountant

An accountant organizes and maintains financial records and prepares financial statements for individuals, companies and organizations. Accountants can work across various practices and industries. The role of public accountant involves preparing financial documents for public disclosure, like balance sheets and tax returns. Those seeking a career as a management accountant can expect to prepare financial information solely for a company’s internal use. Government accountants organize and maintain records for government agencies including the IRS, Department of Treasury and the FBI.

Fast Facts:

  • The top industries hiring accounting professionals are finance and insurance, but accountants are needed in nearly every industry.
  • The average salary for accountants is $55,632. Approximately 25% earn more than $66,129 per year.
  • The demand for the profession is expanding, with employment projected to grow 10% from 2016 to 2026.

According to Burning Glass APIs

Typical job titles:

  • Staff accountant
  • Senior accountant
  • Cost accountant
  • Junior accountant

Specialized skills required:

  • Accounting
  • Account reconciliation
  • General ledger
  • Financial statements
  • Generally Accepted Accounting Principles (GAAP)
  • Budgeting
  • Financial reporting

Financial Examiner

A financial examiner is responsible for inspecting the practice of large financial institutions, including banks and real estate. They review financial and business records, and check compliance with state and federal law and industry regulations. Some financial examiners may additionally review and report on an institution’s financial health, or monitor bank lending practices.

Fast Facts:

  • The top hiring industries are finance and insurance. Other popular industries include professional and technical services, and public administration.
  • The average salary for the profession is $56,477. Approximately 25% earn more than $72,529 per year.
  • The demand for financial examiners is expanding, with employment projected to grow 10% from 2016 to 2026.

According to Burning Glass APIs

Typical job titles:

  • Commercial escrow officer
  • Fraud examiner
  • Principal investigator for financial exploitation
  • Logistics and manpower support

Specialized skills required:

  • Risk management
  • Band Secrecy Act (BSA)
  • Anti-Money Laundering (AML)
  • Economics
  • Scheduling
  • Customer service
  • Business administration

Explore Your Options with an Online MAcc Degree

If you want to explore a career in accounting, a master’s degree can be a valuable asset. Your online Master of Accountancy degree with Rider can help you prepare to sit for the CPA exam or other professional licensures.

Your online MAcc degree can help you build on your accounting skills and learn to easily adapt to the rapidly changing financial world.

Learn more about Rider’s online Master of Accountancy degree.