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Accounting and Related Services at CUNY Medgar Evers College

Credential: Bachelor's | State: NY

Median Earnings (1yr post-grad): $33,205 | Annual Completions: 19

Accounting Degree: Solid Foundation for Financial Careers with Long-Term Earning Potential

Program Analysis

The Bachelor's degree in Accounting and Related Services at CUNY Medgar Evers College equips students with a foundational understanding of financial principles, accounting practices, and business operations. Graduates will develop critical skills in financial reporting, auditing, taxation, and management accounting. This program prepares individuals for roles that require meticulous attention to detail, analytical thinking, and ethical conduct in managing financial information.

Upon graduation, individuals can pursue various career paths. Entry-level positions often include roles such as Junior Accountant, Accounts Payable Clerk, or Bookkeeper. With experience, career progression can lead to more senior roles like Staff Accountant, Auditor, Tax Preparer, or Financial Analyst. Further advancement might see individuals becoming Accounting Managers, Controllers, or even Chief Financial Officers (CFOs) in larger organizations.

Median earnings one year post-graduation are reported at $33,205. While this figure represents an early-career earning potential, it's important to note that salaries typically increase significantly with experience and specialization. Entry-level salaries in New York might range from $45,000 to $55,000. Mid-career professionals (5-10 years of experience) can expect to earn between $65,000 and $85,000, with senior-level positions and specialized roles (e.g., CPA, forensic accountant) potentially commanding salaries of $90,000 and above.

The return on investment (ROI) for this degree should be considered in light of the median starting salary and the cost of the degree. While the initial earnings may seem modest, the accounting field offers strong long-term earning potential and job security. The demand for skilled accountants remains consistently high across all industries, driven by the need for financial compliance, reporting, and strategic financial management. Trends such as increasing regulatory complexity and the growth of data analytics in finance further bolster the demand for accounting professionals.

For prospective students, it is advisable to actively seek internships during your studies to gain practical experience and build professional networks. Pursuing certifications like the Certified Public Accountant (CPA) designation after graduation can significantly enhance career prospects and earning potential. Engaging with faculty and career services at CUNY Medgar Evers College will provide valuable guidance on internships, job placement, and professional development opportunities.

Career Paths

Graduates of Accounting and Related Services at CUNY Medgar Evers College can pursue the following career paths:

  • Junior Accountant. Median salary: $48,000, Strong growth outlook.
  • Staff Accountant. Median salary: $65,000, Strong growth outlook.
  • Auditor. Median salary: $70,000, Strong growth outlook.
  • Tax Preparer. Median salary: $55,000, Moderate growth outlook.
  • Financial Analyst. Median salary: $75,000, Strong growth outlook.
  • Accounting Manager. Median salary: $85,000, Strong growth outlook.

Skills Gained

Key skills developed in this program:

  • Financial Accounting
  • Managerial Accounting
  • Taxation Principles
  • Auditing Procedures
  • Financial Statement Analysis

Frequently Asked Questions about Accounting and Related Services at CUNY Medgar Evers College

Is Accounting and Related Services. at CUNY Medgar Evers College worth it?

The Bachelor's in Accounting and Related Services from CUNY Medgar Evers College offers a pathway to a stable career with good long-term earning potential. While the median earnings one year post-graduation are $33,205, this is an entry-level figure. The accounting field consistently shows strong demand, meaning graduates are well-positioned for career growth. With experience and potential certifications, salaries can rise substantially, often exceeding $70,000-$80,000 annually for mid-career professionals. The degree provides essential skills for various financial roles, making it a worthwhile investment for those seeking a career in finance and business.

What jobs can I get with a Accounting and Related Services. degree?

A Bachelor's degree in Accounting and Related Services opens doors to numerous roles within finance and business. Entry-level positions include Junior Accountant, Accounts Payable/Receivable Clerk, and Bookkeeper, typically starting in the $45,000-$55,000 range. With experience, you can advance to Staff Accountant, Auditor, or Tax Preparer roles, earning $60,000-$75,000. Further specialization or management can lead to positions like Financial Analyst, Accounting Manager, or Controller, with salaries potentially reaching $80,000-$100,000 or more, especially in the competitive New York market.

How much do Accounting and Related Services. graduates earn?

Graduates of Accounting and Related Services programs typically see a significant increase in earnings as they gain experience. The median earnings one year post-graduation are reported at $33,205. However, this is just the starting point. Entry-level accountants might earn between $45,000 and $55,000. After 5-10 years, mid-career professionals can expect salaries ranging from $65,000 to $85,000. Senior roles, such as Accounting Managers or Controllers, or specialized positions like CPAs, can command salaries well over $90,000, with top earners potentially exceeding $100,000 annually.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.