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Accounting and Related Services at CUNY New York City College of Technology

Credential: Associate's | State: NY

Median Earnings (1yr post-grad): $27,467 | Annual Completions: 54

Accounting Associate's: Solid Entry-Level Start with Strong Long-Term Earning Potential

Program Analysis

The Associate's degree in Accounting and Related Services from CUNY New York City College of Technology provides a foundational understanding of accounting principles, financial record-keeping, and business operations. Students typically learn to prepare financial statements, manage accounts payable and receivable, understand tax preparation basics, and utilize accounting software. This program equips graduates with the essential skills to enter the financial sector in various entry-level roles.

Upon completion, graduates can pursue diverse career paths. Common entry-level positions include Accounting Clerk, Bookkeeper, Accounts Payable/Receivable Specialist, and Junior Accountant. With experience, individuals can advance to roles such as Senior Accountant, Auditor, Tax Preparer, or Financial Analyst. The median earnings one year post-graduation are reported at $27,467, which serves as a starting point. Entry-level salaries often range from $35,000 to $45,000. Mid-career professionals, with 5-10 years of experience, can expect to earn between $55,000 and $75,000. Senior-level positions, such as Accounting Manager or Senior Auditor, can command salaries of $75,000 to $100,000 or more, depending on the organization and responsibilities.

The return on investment (ROI) for this Associate's degree should be considered against the cost of tuition and the time commitment. While the initial median earnings are modest, the career progression in accounting offers significant earning potential over time. The demand for accounting professionals remains steady, driven by the need for financial accuracy and compliance across all industries. Trends indicate a continued need for skilled individuals, particularly those with proficiency in accounting software and data analysis.

Practical advice for prospective students includes actively seeking internships during the program to gain hands-on experience and build professional networks. Developing strong analytical and problem-solving skills, along with meticulous attention to detail, is crucial for success. Furthermore, consider pursuing certifications like the Certified Bookkeeper or exploring pathways to a Bachelor's degree to enhance long-term career prospects and earning potential.

Career Paths

Graduates of Accounting and Related Services at CUNY New York City College of Technology can pursue the following career paths:

  • Accounting Clerk. Median salary: $40,000, Moderate growth outlook.
  • Bookkeeper. Median salary: $45,000, Moderate growth outlook.
  • Accounts Payable/Receivable Specialist. Median salary: $48,000, Moderate growth outlook.
  • Junior Accountant. Median salary: $50,000, Moderate growth outlook.
  • Senior Accountant. Median salary: $75,000, Moderate growth outlook.

Skills Gained

Key skills developed in this program:

  • Financial Record Keeping
  • Accounting Software Proficiency
  • Tax Preparation Basics
  • Financial Statement Preparation
  • Accounts Payable/Receivable Management

Frequently Asked Questions about Accounting and Related Services at CUNY New York City College of Technology

Is Accounting and Related Services. at CUNY New York City College of Technology worth it?

The Associate's degree in Accounting and Related Services at CUNY New York City College of Technology offers a solid foundation for entering the financial field. With median first-year earnings of $27,467, the immediate financial return is modest. However, the program equips students with in-demand skills for roles like Accounting Clerk or Bookkeeper. The true value lies in the career progression; with experience, graduates can significantly increase their earning potential, with mid-career salaries often exceeding $75,000. Considering the cost of an Associate's degree and the steady demand for accounting professionals, it can be a worthwhile investment for those seeking a stable career path with opportunities for advancement.

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

A degree in Accounting and Related Services from CUNY New York City College of Technology opens doors to various entry-level positions. Graduates can find employment as Accounting Clerks, responsible for maintaining financial records; Bookkeepers, who manage day-to-day financial transactions; and Accounts Payable/Receivable Specialists, handling incoming and outgoing payments. Junior Accountant roles are also common, assisting senior staff with financial tasks. While starting salaries for these roles typically range from $35,000 to $50,000, these positions provide crucial experience for future career growth within the accounting and finance sectors.

How much do Accounting and Related Services. graduates earn?

Graduates of the Accounting and Related Services program at CUNY New York City College of Technology see a range of earnings based on experience. The reported median earnings one year post-graduation are $27,467. Entry-level positions, such as Accounting Clerks or Bookkeepers, generally start between $35,000 and $45,000 annually. With 5-10 years of experience, individuals can advance to roles like Senior Accountant, with salaries typically falling between $55,000 and $75,000. More experienced professionals in management or specialized roles can earn upwards of $75,000 to $100,000+, demonstrating a strong earning potential over the course of a career.

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