Master of Science in Accountancy Program: Career Outlook

By the Numbers

Accounting-related occupations are projected to grow faster than the national average through 2026, with median annual salaries ranging from $69,000 to more than $125,000. Beyond the 3,191,500 positions already in place, the Bureau of Labor Statistics expects an estimated 404,800 jobs to open through 2026.1–6 That growth includes Chicagoland, the home of Benedictine University, which has the sixth-highest number of job postings in the country.7

Currently, more than half of employers require a graduate degree to apply for their positions, and the CPA (Certified Public Accountant) is the most-required certification for accounting professionals. This program is designed to help prepare you to complete the CPA exam, and you'll gain the industry knowledge, soft skills and foundation of principled practice you need to be the ideal candidate for accounting and financial leadership positions.

Accounting professionals who earn this degree advance their careers quickly, while those outside the industry gain entry to this lucrative, fast-growing field.

Career Titles With an M.S. in Accountancy

  • Accountant/Auditor1
    As an accountant or auditor, you ensure organizations run efficiently through accurate and timely financial records.
    Median Salary: $69,350 | Expected Job Growth: 10%
  • Budget Analysts2
    Budget analysts prepare reports and monitor institutional spending to help companies organize their finances.
    Median Salary: $75,240 | Expected Job Growth: 7%
  • Financial Analysts3
    Financial analysts assess the performance of stocks, bonds, and other types of investments to provide guidance to businesses and individuals making investment decisions.
    Median Salary: $84,300 | Expected Job Growth: 11%
  • Financial Examiners4
    Financial examiners review balance sheets and evaluate the risk level of loans and assess bank management while ensuring compliance with laws governing financial institutions and transactions.
    Median Salary: $81,690 | Expected Job Growth: 10%
  • Financial Managers5
    As a financial manager, you're responsible for the financial health of an organization and direct investment activities. You develop strategies and the long-term financial goals of your organization.
    Median Salary: $125,080 | Expected Job Growth: 19%
  • Management Analysts6
    Also known as management consultants, they advise organizations how they can be more profitable by identifying areas of reduced costs and increased revenues.
    Median Salary: $82,450 | Expected Job Growth: 14%

Your Career Resources at Benedictine

At Benedictine, we support you in earning your degree as well as putting it to use.

Both as a student and a graduate, you have access to the Benedictine Virtual Career Center (BVCC). This hub for career services features hundreds of current internships and part- and full-time job opportunities, as well as career fairs and networking events that put you in touch with the nation's top employers.

On BVCC, you can easily download resume/CV templates, learn how to interview for a job and negotiate your salary, and easily search job openings by industry, salary, location and areas of interest. You can also submit your resume to have it personally reviewed in 48 hours with feedback from a director in the Office of Career Development.

To learn more about your career resources with Benedictine's online M.S. in Accountancy, request more information or call (866) 295-3104 to speak with a Program Manager.

References

https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm
https://www.bls.gov/ooh/business-and-financial/budget-analysts.htm
https://www.bls.gov/ooh/business-and-financial/financial-analysts.htm
https://www.bls.gov/ooh/business-and-financial/financial-examiners.htm
https://www.bls.gov/ooh/management/financial-managers.htm
https://www.bls.gov/ooh/business-and-financial/management-analysts.htm
Burning Glass Technologies: Labor Insights. May 2017–May 2018.