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Accounting and Related Services at Fordham University

Credential: Bachelor's | State: NY

Median Earnings (1yr post-grad): $76,473 | Annual Completions: 93

Fordham Accounting: Strong Starting Salaries and Enduring Career Value

Program Analysis

Fordham University's Accounting and Related Services program (CIP 5203) offers a robust foundation for a career in the dynamic world of finance and business. Students in this program typically delve into core accounting principles, including financial accounting, managerial accounting, auditing, taxation, and accounting information systems. The curriculum is designed to equip graduates with analytical, problem-solving, and critical thinking skills essential for navigating complex financial landscapes. You'll learn to interpret financial statements, prepare tax returns, conduct audits, and advise businesses on financial strategies.

Upon graduation, Fordham's Accounting and Related Services graduates are well-positioned for a variety of high-demand career paths. Common entry-level roles include Junior Accountant, Audit Associate, Tax Associate, and Staff Accountant. With experience, these roles can progress to Senior Accountant, Auditor, Tax Manager, Controller, and eventually Chief Financial Officer (CFO). The median earnings one year post-graduation at Fordham are reported at $76,473, indicating a strong starting salary potential. While specific mid-career and senior-level salaries vary by location, firm size, and specialization, experienced professionals can expect to earn well into the six figures, with senior roles like CFOs often exceeding $200,000 annually.

The return on investment (ROI) for an accounting degree from a reputable institution like Fordham is generally considered excellent. While the cost of a bachelor's degree from Fordham is substantial, the strong median starting salary and consistent demand for accounting professionals suggest a relatively quick payback period. The Bureau of Labor Statistics projects strong growth for accountants and auditors, with employment expected to grow 6% from 2022 to 2032, faster than the average for all occupations. This sustained demand, coupled with the critical nature of accounting functions across all industries, provides excellent job security and upward mobility.

Practical advice for prospective students includes actively seeking internships during your undergraduate years. Fordham's location in New York City provides unparalleled access to major accounting firms, corporations, and financial institutions for these crucial experiences. Networking with professors, alumni, and industry professionals is also highly recommended. Consider pursuing professional certifications like the Certified Public Accountant (CPA) exam shortly after graduation, as this significantly enhances career prospects and earning potential. The program's completion rate of 93 students per year suggests a focused and successful cohort.

Career Paths

Graduates of Accounting and Related Services at Fordham University can pursue the following career paths:

  • Staff Accountant. Median salary: $65,000, Strong growth outlook.
  • Audit Associate. Median salary: $70,000, Strong growth outlook.
  • Tax Associate. Median salary: $68,000, Strong growth outlook.
  • Senior Accountant. Median salary: $95,000, Strong growth outlook.
  • Controller. Median salary: $120,000, Strong growth outlook.
  • CFO. Median salary: $200,000, Strong growth outlook.

Skills Gained

Key skills developed in this program:

  • Financial Accounting
  • Managerial Accounting
  • Auditing Principles
  • Taxation Laws
  • Financial Analysis

Frequently Asked Questions about Accounting and Related Services at Fordham University

Is Accounting and Related Services. at Fordham University worth it?

Yes, Fordham University's Accounting and Related Services program presents a compelling case for its value. With a median starting salary of $76,473 one year post-graduation, graduates are well-positioned to recoup their investment relatively quickly, especially considering the strong and consistent demand for accounting professionals. The program's rigorous curriculum and Fordham's strong reputation, particularly in a major financial hub like New York City, open doors to lucrative career paths with significant long-term earning potential. The high completion rate also suggests a successful program that prepares students effectively for the job market.

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

A degree in Accounting and Related Services from Fordham University can lead to a wide array of fulfilling and financially rewarding careers. Entry-level positions often include Staff Accountant, Audit Associate, and Tax Associate, typically earning starting salaries in the $65,000-$70,000 range. As you gain experience and potentially pursue certifications like the CPA, you can advance to roles such as Senior Accountant, Auditor, or Tax Manager, with median salaries often exceeding $95,000. Further progression can lead to management positions like Controller or even Chief Financial Officer (CFO), commanding significantly higher compensation packages.

How much do Accounting and Related Services. graduates earn?

Fordham University's Accounting and Related Services graduates demonstrate strong earning potential. The reported median earnings one year post-graduation stand at $76,473. Entry-level roles like Staff Accountant or Audit Associate typically start in the $65,000-$75,000 range. With 3-5 years of experience, graduates often move into Senior Accountant or Managerial roles, where median salaries can range from $90,000 to $120,000. For seasoned professionals in leadership positions such as Controller or CFO, annual earnings can easily surpass $150,000 and reach well over $200,000, reflecting the critical importance and demand for skilled accounting expertise.

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