Accounting

What can I do with this degree?

AREAS EMPLOYERS STRATEGIES
PUBLIC ACCOUNTING
Auditing/Assurance Services
Tax
Environmental Accounting
Forensic/Investigative Accounting
Information Technology Services
International Accounting
Personal Financial Planning
Public accounting firms:
Large, multinational
Regional
Local
Sole practitioners
   Public accounting firms hire candidates who meet the educational requirements for sitting for the Certified Public Accountant (CPA) exam: 150 hours of education including 24 hours of accounting, i.e. the equivalent of an undergraduate degree in accounting.

   State laws govern the practice of accountancy and specify the requirements to be eligible to sit for the CPA exam. In most states, the State Board of Accountancy has a website that outlines those requirements.

CORPORATE ACCOUNTING
Financial Management
Financial Reporting
Internal Auditing
Cost Accounting
Tax Planning
Budget Analysis

Companies of all sizes, in all industries    Many managers in corporate settings obtain an MBA degree after several years of work experience.
GOVERNMENT
Auditing
Financial Reporting
Financial Management
Budget Analysis
Research
Federal agencies and departments including:
Federal Bureau of Investigation
Internal Revenue Service
Department of the Treasury
General Accounting Office
Office of Management and Budget
Securities Exchange Commission
State and local agencies

   Become familiar with the government application process.
EDUCATION
Teaching
Research
Consulting
Universities and colleges    A Ph.D. in Accounting or a DBA, Doctorate in Business Administration, in accounting is generally required.

   Maintain a high g.p.a. and secure strong faculty recommendations for admittance into graduate school.

NON-PROFIT
Accounting
Internal Audit
Financial Planning
Budgeting
Money Handling
Record Keeping
Social service agencies and organizations
Public school systems
Universities and colleges
Religious organizations
Libraries and museums
Political parties
Labor unions

Volunteer at non-profit organizations and build a network of contacts in the non-profit sector.
STRATEGIES FOR PLACEMENT IN ACCOUNTING
  • Earn good grades. Grades are an indicator of technical competence in accounting and of a person’s work ethic.
  • Actively participate in student organizations to develop leadership skills.
  • Develop excellent computer skills.
  • Learn to work well within in a team.
  • Develop strong communication skills.
  • Gain work experience and information about careers through internships.
  • Join Beta Alpha Psi, the honorary fraternity for accounting and finance information professionals, to gain knowledge about the accounting profession.
  • Certifications available through the Institute of Internal Auditors or the Institute of Management Accountants may increase job marketability in some areas of accounting.
  • Accounting students should develop their analytical, critical-thinking and problem solving skills. Develop high ethical standards.
  • Accuracy and attention to detail are important traits for accountants.
  • Accounting is a versatile degree. Students who graduate with a major in accounting may find jobs in many areas of business including: sales, production management, client management, product development, procurement, general management, banking and financial planning.


Prepared by the Career Planning staff of Career Services at The University of Tennessee, Knoxville. (2003)



Accounting Major SAP Scholarships Faculty Career Areas