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Accounting

The tables below present the occupations that are most commonly associated with a degree in Accounting. We have separated the tables depending on whether we examine graduates who stop their education with the bachelors degree in Accounting, and those who get either a masters in Accounting, a Ph.D. in Accounting.

While the list above describes the occupations of students with advanced degrees in Accounting some students with a bachelors degree in Accounting will get advanced degrees in other fields. The tables listed below descibe the types of advanced degrees that were chosen by students with a bachelors in Accounting.

Since all of the above tables present information on the average salary, it is possible to lose sight of the fact that some majors place students in jobs with a narrow range of salaries near to the mean while others place students in many different income categories. For this reason, we have drawn two frequency distributions (histograms) of Accounting Salaries.











Histogram of Accounting Salaries: Bachelors Degree Only

The diagram below includes all students with a major in Accounting who received no degree beyond the bachelors.
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Histogram of Accounting Salaries: Bachelors and Beyond

The diagram below includes all students with a major in Accounting while an undergraduate. The data includes students who subsequently earned degrees beyond the bachelors.
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Bachelors Degree

The information in the table below is based on data from people of all sexes and ages whose most recent college degree was a bachelors degree majoring in Accounting.

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  Avg 1993   Number of     Pct of
  Salary    Observations   Majors  Description of Occupation
-----------------------------------------------------------------------------------------------------------------------------------------------------------------
  $47,554       1762       52.58   Accountants, auditors, and other financial specialists
  $65,208        591       17.64   Top and mid-level managers, executives, administrators (people who manage other managers)
  $46,885        131        3.91   OTHER management related occupations
  $26,486        123        3.67   Accounting clerks, bookkeepers
  $49,126         82        2.45   Computer system analysts
  $53,283         82        2.45   Insurance, securities, real estate, and business services
  $31,058         74        2.21   OTHER administrative (e.g., record clerks, telephone operators)
  $43,931         53        1.58   OTHER OCCUPATIONS (Not Listed)
  $42,598         52        1.55   Computer programmers (business, scientific, process control)
  $44,540         36        1.07   OTHER marketing and sales occupations
  $47,609         34        1.01   OTHER computer, information science Occupations
  $44,501         29         .87   Sales Occupations - Commodities Except Retail (e.g., industrial machinery/equipment/supplies, medical and dental equiptment/supplies)
  $36,670         27         .81   Sales Occupations - Retail (e.g., furnishings, clothing, motor vehicles, cosmetics)
  $50,663         24         .72   Information systems scientists or analysts
  $35,307         19         .57   Construction trades, miners and well drillers
  $36,965         18         .54   OTHER service occupations, except health
  $63,572         17         .51   Transportation/material moving occupations
  $42,232         16         .48   Protective services (e.g., fire fighters, police, guards)
  $23,206         16         .48   Operators and related occupations (e.g., machine set-up, machine operators and tenders, fabricators, assemblers)
  $48,641         15         .45   Personnel, training, and labor relations specialists
  $25,458         12         .36   Secretaries, receptionists, typists
  $24,722          8         .24   Precision/production occupations (e.g., workers, woodworkers, butchers, bakers, printing occupations, tailors, shoemakers, photographic process)
  $33,034          7         .21   Mechanics and repairers
  $25,635          7         .21   Social Workers
  $26,024          7         .21   Food Preparation and Service (e.g., cooks, waitresses, bartenders)
  $55,086          7         .21   Farmers, Foresters and Fishermen
  $29,032          6         .18   Teachers:  Elementary
  $40,650          6         .18   Engineers:  Electrical, electronic
  $69,000          5         .15   Artists, Broadcasters, Editors, Entertainers, Public Relations Specialists, Writers
  $36,754          5         .15   Teachers:  Secondary - computer, math or sciences
  $45,520          5         .15   Computer engineer - software
  $40,360          4         .12   Engineers:  Electrical, electronic, industrial, mechanical
  $27,056          4         .12   Health Technologists and Technicians (e.g., dental hygienists, health record technologists/technicians, licensed practical nurses, medical or laboratory technicians, radiologic technologists/technicians)
  $46,500          4         .12   Other engineers
  $34,000          4         .12   Teachers:  Secondary - other subjects
  $27,458          4         .12   OTHER health occupations
  $44,333          3         .09   OTHER engineering technologists and technicians
  $40,483          3         .09   Engineers: Industrial
  $33,837          3         .09   Clergy and Other Religious Workers
  $56,416          3         .09   Engineers:  Sales
  $31,071          3         .09   Drafting occupations, including computer drafting
  $25,700          2         .06   Counselors, Educational and Vocational (Also see 236)
  $26,400          2         .06   Professors:  Computer Science
  $66,500          2         .06   Engineers:  Aeronautical, aerospace, astronautical
  $26,700          2         .06   Teachers:  Pre-Kindergarten and kindergarten
  $35,703          2         .06   Registered nurses, pharmacists, dieticians, therapists, physician assistants
  $54,200          2         .06   Computer engineer - hardware
  $24,840          2         .06   Professors:  Business Commerce and Marketing
  $49,400          2         .06   Architects Engineers (Also see 101-103)
  $76,500          2         .06   Unknown
  $73,400          2         .06   Lawyers, Judges
  $53,563          2         .06   Operations research analysts, modelling
  $62,000          1         .03   OTHER postsecondary
  $60,000          1         .03   Professors:  Medical Science
  $65,000          1         .03   Political scientists
  $65,520          1         .03   Engineers:  Nuclear
  $72,000          1         .03   Diagnosing Treating Practitioners (e.g., dentists, optometrists, physicians, psychiatrists, podiatrists, surgeons, veterinarians)
 $150,000          1         .03   Actuaries
  $19,200          1         .03   Professors:  Physical Education
  $58,300          1         .03   Technologists and technicians in the physical sciences
  $52,977          1         .03   Professors:  Law
  $46,800          1         .03   Engineers:  Petroleum
  $41,600          1         .03   Surveying and mapping
  $40,040          1         .03   Computer scientists, except system analysts
  $40,000          1         .03   Statisticians
  $35,620          1         .03   Technologists and technicians in the biological/life sciences
  $33,000          1         .03   Professors:  English
  $28,080          1         .03   Engineers:  Chemical
  $26,770          1         .03   Librarians, Archivists, Curators Managers, Executives, Administrators (Also see 151-153)
  $25,272          1         .03   Engineers:  Civil, including architectural and sanitary


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Masters

The information in the table below is based on data from people of all sexes and ages whose most recent college degree was a masters degree in Accounting.

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  Avg 1993   Number of     Pct of
  Salary    Observations   Majors  Description of Occupation
-----------------------------------------------------------------------------------------------------------------------------------------------------------------
  $51,895        205       54.09   Accountants, auditors, and other financial specialists
  $80,977         90       23.75   Top and mid-level managers, executives, administrators (people who manage other managers)
  $39,745         13        3.43   Professors:  Business Commerce and Marketing
  $64,053          8        2.11   Computer programmers (business, scientific, process control)
  $40,629          7        1.85   Insurance, securities, real estate, and business services
  $46,927          6        1.58   OTHER management related occupations
  $60,873          5        1.32   Computer system analysts
  $49,300          4        1.06   Information systems scientists or analysts
  $47,609          4        1.06   OTHER OCCUPATIONS (Not Listed)
  $16,537          3         .79   OTHER administrative (e.g., record clerks, telephone operators)
  $57,500          2         .53   Engineers:  Sales
  $29,747          2         .53   Registered nurses, pharmacists, dieticians, therapists, physician assistants
  $53,720          2         .53   Construction trades, miners and well drillers
  $72,500          2         .53   Engineers:  Mechanical
  $25,914          2         .53   Accounting clerks, bookkeepers
  $42,600          2         .53   OTHER computer, information science Occupations
  $47,400          2         .53   Personnel, training, and labor relations specialists
  $55,000          2         .53   Sales Occupations - Commodities Except Retail (e.g., industrial machinery/equipment/supplies, medical and dental equiptment/supplies)
  $53,000          1         .26   Teachers:  Special education - primary and secondary
 $150,000          1         .26   Lawyers, Judges
  $50,000          1         .26   Other engineers
  $50,000          1         .26   Engineers:  Electrical, electronic
  $10,400          1         .26   Farmers, Foresters and Fishermen
  $48,000          1         .26   Computer engineer - software
  $42,848          1         .26   Geologists, including earth scientists
  $42,000          1         .26   Professors:  Computer Science
  $38,000          1         .26   OTHER service occupations, except health
  $37,080          1         .26   OTHER marketing and sales occupations
  $36,000          1         .26   OTHER postsecondary
  $33,600          1         .26   Sales Occupations - Retail (e.g., furnishings, clothing, motor vehicles, cosmetics)
  $32,472          1         .26   Health Technologists and Technicians (e.g., dental hygienists, health record technologists/technicians, licensed practical nurses, medical or laboratory technicians, radiologic technologists/technicians)
  $28,600          1         .26   Social Workers
  $27,000          1         .26   Counselors, Educational and Vocational (Also see 236)
  $26,000          1         .26   Professors:  Physical Education
  $24,960          1         .26   Secretaries, receptionists, typists
  $20,800          1         .26   Food Preparation and Service (e.g., cooks, waitresses, bartenders)


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Ph.D.

The information in the table below is based on data from people of all sexes and ages whose most recent college degree was a Ph.D. degree in Accounting.

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  Avg 1993   Number of     Pct of
  Salary    Observations   Majors  Description of Occupation
-----------------------------------------------------------------------------------------------------------------------------------------------------------------
  $62,934         24       63.16   Professors:  Business Commerce and Marketing
  $75,500          4       10.53   Accountants, auditors, and other financial specialists
  $78,667          3        7.89   Top and mid-level managers, executives, administrators (people who manage other managers)
  $53,500          2        5.26   OTHER postsecondary
  $15,000          1        2.63   Farmers, Foresters and Fishermen
  $26,000          1        2.63   Accounting clerks, bookkeepers
  $61,000          1        2.63   Professors:  Mathematical Sciences
  $90,000          1        2.63   Information systems scientists or analysts
 $126,000          1        2.63   Personnel, training, and labor relations specialists


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Masters Degrees earned by students with a Bachelors degree in Accounting



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  Avg 1993   Number of     Pct of
  Salary    Observations   Majors  Description of Field of Study
-----------------------------------------------------------------------------------------------------------------------------------------------------------------
  $56,635        178       26.37   Accounting
  $59,171        166       24.59   Business administration and management
  $58,045        139       20.59   Financial management
  $60,462         33        4.89   OTHER business management/administrative services
  $58,386         24        3.56   Business, general
  $71,189         13        1.93   Business marketing/marketing management
  $70,959         12        1.78   Public administration
  $58,123         12        1.78   Computer science
  $54,535         11        1.63   Computer/information sciences, general
  $87,363          8        1.19   Business/managerial economics
  $62,464          7        1.04   Information services and systems
  $47,133          5         .74   Education:  OTHER education
  $63,984          5         .74   Computer systems analysis
  $35,820          5         .74   OTHER philosophy, religion, theology
  $63,500          4         .59   Law/Prelaw/Legal Studies
  $49,859          4         .59   Education:  Elementary teacher education
  $45,711          4         .59   Economics
  $41,820          4         .59   Education:  Secondary teacher education
  $35,107          3         .44   Psychology:  Counseling
  $61,151          3         .44   Operations research
  $41,444          3         .44   Education:  Special education
  $44,184          3         .44   Library Science
  $47,640          3         .44   Education:  Administration
  $49,207          3         .44   Health services administration
  $48,363          3         .44   OTHER FIELDS (Not Listed)
  $47,000          2         .30   Education:  Science teacher education
  $34,000          2         .30   English Language and Literature/Letters
  $53,500          2         .30   Psychology:  Industrial/Organizational
  $47,750          1         .15   Engineering: Aerospace, aeronautical, astronautical
  $24,000          1         .15   Education:  Counselor education/guidance services
  $27,000          1         .15   Education:  Mathematics teacher education
  $33,000          1         .15   Music, all fields
  $65,000          1         .15   Psychology:  Social
  $33,309          1         .15   Criminal Justice/Protective Services
  $36,000          1         .15   Anthropology and archeology
  $61,200          1         .15   OTHER social sciences
  $60,000          1         .15   Computer programming
  $38,276          1         .15   OTHER engineering
  $58,500          1         .15   History, other
  $43,000          1         .15   Physical therapy and other rehabilitation/therapeutic services
  $50,000          1         .15   Marketing research
  $50,000          1         .15   Social Work


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PhD's earned by students with a Bachelors degree in Accounting



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  Avg 1993   Number of     Pct of
  Salary    Observations   Majors  Description of Field of Study
-----------------------------------------------------------------------------------------------------------------------------------------------------------------
  $63,700         25       48.08   Accounting
  $67,000          5        9.62   Financial management
  $90,000          4        7.69   Law/Prelaw/Legal Studies
  $49,620          3        5.77   Economics
  $51,633          3        5.77   Education:  Administration
  $79,333          3        5.77   Education:  OTHER education
 $150,000          1        1.92   Health services administration
  $96,600          1        1.92   Education:  Counselor education/guidance services
  $84,600          1        1.92   History, other
  $37,000          1        1.92   Education:  Secondary teacher education
  $60,000          1        1.92   Business administration and management
  $55,000          1        1.92   Statistics
  $53,000          1        1.92   Marketing research
  $42,000          1        1.92   OTHER communications
  $38,000          1        1.92   OTHER philosophy, religion, theology


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Other Professiona Degrees earned by students with a Bachelors degree in Accounting

Other advanced degrees include: JD, LLB, ThD, MD, and the DDS.

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  Avg 1993   Number of     Pct of
  Salary    Observations   Majors  Description of Field of Study
-----------------------------------------------------------------------------------------------------------------------------------------------------------------
  $82,836         99       93.40   Law/Prelaw/Legal Studies
 $102,000          3        2.83   Medicine (e.g., dentistry, optometry, osteopathic, podiatry, veterinary)
  $45,533          2        1.89   OTHER business management/administrative services
  $50,000          1         .94   Accounting
  $60,000          1         .94   Financial management


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Prepared by Prof. Kenneth S. Chapman:  kenneth.chapman@csun.edu