What can you do with a diploma in Accounting?

Obviously, specific job duties depend on the specific jobs, but there are some skills that are pretty much required across the board. Obviously, a strong grasp of mathematics is essential. Every accountant, at whatever level, should have a general understanding of basic bookkeeping, in addition to more complex understanding of areas like auditing, payroll, financial reporting, and (of course) taxes. Even if you’ve worked your way to the managerial or executive level as an accountant, knowing the lower-level, day-to-day work of accounting will make you a better leader. Modern accounting is highly collaborative and team-based; while accountants do their fair share of individual work, being able to work well with others will be critical, especially in a corporate environment.

Since accounting, business, and finance are so intimately tied, an accounting major can be much more flexible than most students realize. Besides the conventional tax accountant or bookkeeper, an accounting degree can take students into the public sector as government officers or FBI agents; into music, fashion, sports, and Hollywood; into education, research, and policy-making; or into all sorts of profitable private practice. 

 

4 Entry Level Accounting Jobs

 

FINANCIAL ANALYST

Financial Analysts collect and interpret large quantities of financial information, including financial statements, economic forecasts and trends in financial holdings in order to recognize developing patterns and make future predictions or provide advice for their employers.

A Financial Analyst’s advice may determine a decision to buy, sell or hold a particular commodity or investment and inform a company’s understanding of the costs and benefits of mergers and acquisitions. Financial Analysts must be extremely detail-oriented.

Starting salary: $32,428
Average salary: $65,467

 

MORTGAGE UNDERWRITER

A Mortgage Underwriter is responsible for determining whether or not an attempt to secure a mortgage should be approved. This decision involves analyzing an applicant’s past credit history, employment and income, outstanding debts and collateral. Using this information, an underwriter assesses the risk involved in approving a particular mortgage.

An underwriter’s job demands excellent research and decision-making skills, but also requires excellent interpersonal skills in order to manage sensitive situations in a diplomatic manner.

Starting salary: $35,466
Average salary: $60,185

 

ACCOUNTS PAYABLE/RECEIVABLE CLERK

These are discrete but closely related positions. An Accounts Payable Clerk oversees record-keeping and verifications of outstanding payments owed by his or her employer to suppliers, while an Accounts Receivable Clerk monitors payments owed to the employer to ensure prompt and timely payment, following up as necessary.

These types of clerks usually work as part of a larger team reporting to a Senior Accountant, Manager or Bookkeeper, and each is responsible for financial reconciliation and diligence as well as basic clerical and administrative duties.

Starting salary: $25,000
Average salary: $37,000

 

CREDIT ANALYST

Similar in some capacities to a Mortgage Underwriter, a credit analyst is responsible for assessing personal or business finances and making recommendations or adjustments to that party’s financial commitments. This can include closing a credit card or extending a line of credit. A Credit Analyst may also work with businesses which offer financing for their clients, such as banks.

Starting salary: $30,000
Average salary: $50,486

 

In Create Career College, offers Accounting program for the students wanted to join the field of accounting, finance and taxation in the modern business environment nationally and internationally. This program will be delivered through a variety of methods including lectures, assignments, projects etc. and will be supervised by the individuals who are expert in their field. Courses have been selected based on demand in the market and providing an opportunity to students for preparation for preliminary courses for Chartered Public Accountants (CPA) and Public Business Accountants (PBA).