Career Outlook for Master of Business Administration - Accounting Degree

Career Outlook for Master of Business Administration-Accounting

Getting your Master of Business Administration with an Accounting concentration from Everest University Online, a division of Everest University, can open many doors to more than just conventional financial or business roles. Many career choices can benefit from an MBA degree including the financial sector of Accountants, Auditors, CPAs, Bankers, Financial Analysts, Financial Managers, but also Human Resources, Training, and Labor Relations Managers and Specialists, as well as many more fields. Here are just a few of the rewarding careers you can pursue with your degree from Everest University Online.

Accountants, Auditors and CPAs

We all know Accountants are the ones that ensure our paychecks are processed, and Auditors are the ones we all love to hate at tax time, but the reality is the value of these jobs is critical to running successful companies. Accountants and Auditors help to ensure that firms are run efficiently, public records kept accurately, and taxes paid properly and on time. They analyze and communicate financial information for various entities such as companies, individual clients, and federal, state, and local governments. Certified Public Accountants usually work on finances for public companies and are required by law to pass the official American Institute of Certified Public Accountants (AICPA) exam in order to work on accounts requiring filing of any reports to the Securities and Exchange Commission (SEC).

Banking

Banks employ various types of financial and customer service occupations. Office and administrative support occupations make up the largest portion of jobs in the industry, while management, business, and financial occupations also employ a significant number of employees in the banking industry. Having an MBA is common among accountants, auditors, budget analysts, credit analysts, and financial analysts employed by the banking industry, particularly for accounting department or related supervisory positions in larger banks. Additionally, Securities, Commodities, and Financial Services Sales Agents assist large scale and private investors with transactions on the major United States securities exchanges (or stock market).

Financial Analyst

Management, scientific, and technical consulting firms influence how businesses, governments, and institutions make decisions. A Financial Analyst, sometimes called a Securities or Investment Analyst, provides the guidance that a business or individual needs to make the right investment decisions, whether buying or selling, as well as helps them assess the performance of these stocks, bonds, commodities and other types of investments.

Financial Managers

Financial Managers prepare financial reports, implement cash management strategies, and direct investment activities for a variety of public and private organizations. Managers also develop strategies and implement the long-term goals of their organization.

Human Resources, Training, and Labor Relations Managers and Specialists

Human resources, training, and labor relations managers and specialists help organizations attract, motivate and retain the most qualified employees and match them to jobs that best match their skill sets and temperaments. Training managers oversee development of training programs, contracts, and budgets. Labor relations managers implement industrial labor relations programs. Labor relations specialists prepare information for management to use during collective bargaining agreement negotiations, a process that requires the specialist to be familiar with economic and wage data and to have extensive knowledge of labor law and collective bargaining procedures.

Information Technology

In today's electronic age, Information Technology (IT) must work smoothly for businesses to operate efficiently. There are quite a few positions where, in addition to the usual computer systems training, employers prefer high-level business and accounting training that a Masters of Business Administration provides.

• Computer and Information Systems (CIS) Managers are usually the driving force behind the work done by computer programmers and software engineers coordinating activities such as installing and upgrading hardware and software, programming and systems design, implementation of computer networks, and the development of Internet and intranet sites.
  
• Network Engineers, sometimes known as Network Architects, are the designers of the computer networks.
  
• Network And Computer Systems Administrators design, install and support an organization's computer systems.
  
• Systems Administrators are responsible for maintaining system efficiency.
  
• Database Administrators work with database management software and determine ways to store, organize, analyze, use, and present data.
  
• Computer Systems Analysts use IT tools to help enterprises of all sizes achieve their goals.

Source: Adapted from the Bureau of Labor Statistics, U.S, Department of Labor, Occupational Outlook Handbook, 2010-11 Edition, www.bls.gov/oco. Your own hard work, professionalism, experience, work attitude, local market and other factors may impact your personal employment opportunities and pay.

Masters Of Business Administration Accounting Concentration

• Program Details
• Career Outlook
• Download Curriculum
• Back To Program List