Hiring for Accountants at Highest Point Since 1971 and Salary Hikes Likely in 2013
“Public accountants can look forward to reasonable pay bumps next year,” according to the 2013 Salary Guide - Financial and Accounting from staffing and placement company Robert Half.
Recently graduated accounting students have some of the brightest job prospects in the nation. That’s according to survey results in the 2011 “Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits” report released by the American Institute of Certified Public Accountants. The survey results for 2012 are expected to mirror 2011. The report also hints at a potential challenge for the profession: demand for new talent eventually could outpace supply. Enrollments in Bachelors of Accountancy and Master of Accountancy degrees continue to increase and have nationally reached the 225,000 mark for the first time. Although some colleges have capacity constraints for their accounting programs, Walsh College continues to welcome new undergraduate and graduate students to their highly respected programs.
This is all good news for Walsh College accounting students. Students in the Bachelor of Accountancy (BAC) and Master of Science in Accountancy (MAC) program at Walsh College are particularly in high demand. The AICPA report matches findings from the U.S. Bureau of Labor Statistics, which also expect demand for accountants to increase much faster than average growth. The bureau’s 2010-2011 “Occupational Outlook Handbook” estimates 22% growth in accounting and auditing jobs in the decade between 2008 and 2018, adding that job candidates with professional designations, particularly CPAs and graduates with masters’ degrees have the brightest outlook. Nearly 90% of accounting firms forecast equal or increased hiring for 2012 and 2013.
Today, the Walsh College Master of Science in Accountancy (MAC) degree remains the “gold standard” of excellence in business education. Students graduating with the MAC degree will enter the marketplace armed with skills that are backed by the Walsh College heritage of unmatched quality in the academic preparation of accounting professionals. The MAC degree is designed to complete the 150 semester credits hours required for the CPA license certification.
Persons interested in learning more about Walsh College’s Bachelors of Accountancy or Master of Science in Accountancy program should contact Deborah Mourray, Accounting Academic Advisor at Walsh College. Mourray can be reached at email@example.com, or 248.823.1290.