What can I do with a major in accounting?

Accountants are dynamic business partners who work in teams to analyze and communicate financial information and help businesses make strategic decisions. Every organization, no matter the size or industry, needs an accountant with the financial acumen and business knowledge to navigate opportunities and challenges.

Learn about KU's accounting major

View salary data for KU accounting graduates

Many accounting graduates start their careers in public accounting. This industry generated $628 billion in 2022 and is anticipated to generate $1.5 trillion by 2032, according to an Allied Market Research report. Starting roles are highly sought-after because of the experience and learning opportunities offered.

Services provided by public accounting or consulting firms can include:

preparing and reviewing financial statements,
auditing financial statements,
analyzing business deals, mergers, and acquisitions,
implementing and reporting on environmental, social, and governance measures,
investigating cases of corporate fraud and bankruptcy,
conducting personal financial planning,
navigating complex tax laws and compliance,
harnessing technology to solve problems and improve efficiencies, and more.

Alternatively, the Institute of Management Accountants estimates that nearly 75% of financial professionals work in businesses as management accountants. These roles include:

financial analysts,
accounting managers,
controllers,
chief financial officers.

These internal business partners use financial and non-financial information to allocate resources, evaluate performance, and implement organizational strategy. Accountants are also needed in the not-for-profit, governmental, and education sectors.

Accounting majors often pursue CPA (Certified Public Accountant) licensure upon graduation. Being a licensed CPA sends a signal to the market about your technical expertise and training. CPAs have the potential to boost their earnings by $1 million over their lifetime, compared to a non-CPA in the same position.

Learn about KU's MAcc program and its 10-week spring semester and integrated CPA examination review program, which allows students to earn their CPA credentials before they start to work.

Accounting majors also can earn certifications such as the Certified Management Accountant (CMA), Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE), among others.

Tips for accounting students

Attend the Accounting Career Fair and Business Career Fair each September to talk with hiring organizations and industry representatives from the accounting industry.
Join a student organization: Beta Alpha Psi offers opportunities to meet fellow accounting majors, learn crucial professional development skills, and connect with employers.
Develop professional competencies in key skills such as project management, communication, leadership, decision-making, problem-solving, self-direction, team orientation, critical thinking and high ethical standards.

Learn about KU's Accounting Scholars Program