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Accounting and Related Services at Lakes Region Community College

Credential: Associate's | State: NH

Annual Completions: 6

LRCC Accounting Associate's: Solid Entry to Stable Finance Careers

Program Analysis

The Associate's degree in Accounting and Related Services at Lakes Region Community College (LRCC) 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 essential skills for entry-level roles in the financial sector.

Upon completion, graduates can pursue various career paths. Common job titles include Accounting Clerk, Bookkeeper, Accounts Payable/Receivable Specialist, Payroll Clerk, and Junior Accountant. With experience, individuals can advance to roles such as Senior Accountant, Financial Analyst, or even Accounting Manager.

While specific median earnings for LRCC's Accounting and Related Services Associate's program are not available (N/A), national data for similar roles provides insight. Entry-level positions like Accounting Clerks or Bookkeepers might start in the $35,000-$45,000 range. With a few years of experience, mid-level roles such as Accounts Payable/Receivable Specialists or Junior Accountants could earn between $45,000-$65,000. Senior Accountants or experienced Bookkeepers can expect to earn $65,000-$85,000 or more, depending on the company and responsibilities.

Return on Investment (ROI) for an Associate's degree is generally strong, especially in fields like accounting where demand is consistent. The cost of an Associate's degree at a community college like LRCC is significantly lower than a four-year institution, making the payback period shorter. While specific tuition figures for LRCC should be verified, community college programs often cost between $10,000-$20,000 in total. Given the potential starting salaries and career progression, an Associate's in Accounting can offer a positive ROI within a few years of graduation.

Industry demand for accounting and bookkeeping services remains steady. While automation may impact some routine tasks, the need for skilled professionals to manage financial data, ensure compliance, and provide analysis continues. The Bureau of Labor Statistics projects moderate growth for Bookkeeping, Accounting, and Auditing Clerks.

Practical advice for prospective students includes actively seeking internships or part-time work in accounting departments during their studies to gain practical experience. Networking with local businesses and accounting professionals can also open doors to job opportunities. Consider pursuing certifications like the Certified Bookkeeper or, if pursuing further education, the CPA designation later in your career to enhance earning potential and career advancement.

Career Paths

Graduates of Accounting and Related Services at Lakes Region Community College can pursue the following career paths:

  • Accounting Clerk. Median salary: $42,000, Moderate growth outlook.
  • Bookkeeper. Median salary: $48,000, Moderate growth outlook.
  • Accounts Payable/Receivable Specialist. Median salary: $52,000, Moderate growth outlook.
  • Payroll Clerk. Median salary: $49,000, Moderate growth outlook.
  • Junior Accountant. Median salary: $58,000, Moderate growth outlook.

Skills Gained

Key skills developed in this program:

  • Financial Record Keeping
  • Accounting Software Proficiency (e.g., QuickBooks)
  • Accounts Payable/Receivable Management
  • Basic Tax Preparation
  • Financial Statement Preparation

Frequently Asked Questions about Accounting and Related Services at Lakes Region Community College

Is Accounting and Related Services. at Lakes Region Community College worth it?

While specific earnings data for LRCC graduates isn't available, an Associate's in Accounting and Related Services from a community college like LRCC offers a cost-effective pathway to a stable career. The program equips you with in-demand skills for roles like Accounting Clerk or Bookkeeper, which typically start around $35,000-$45,000 annually. With experience, salaries can rise to $65,000+ for Senior Accountants. Given the lower cost of community college education compared to four-year degrees, the return on investment is often favorable, providing a solid foundation for financial careers.

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

A degree in Accounting and Related Services from LRCC can open doors to various entry-level positions in finance and administration. Common job titles include Accounting Clerk, where you'll handle daily financial transactions; Bookkeeper, responsible for maintaining accurate financial records; Accounts Payable/Receivable Specialist, managing incoming and outgoing payments; and Payroll Clerk, processing employee wages. With experience, you could also move into roles like Junior Accountant, assisting with more complex financial tasks, with potential starting salaries ranging from $35,000 to $58,000 depending on the specific role and location.

How much do Accounting and Related Services. graduates earn?

Graduates with an Associate's degree in Accounting and Related Services can expect a range of earnings based on their role and experience. Entry-level positions such as Accounting Clerks or Bookkeepers typically start between $35,000 and $45,000 per year. After gaining a few years of experience, individuals in mid-level roles like Accounts Payable/Receivable Specialists or Junior Accountants might earn between $45,000 and $65,000 annually. Experienced professionals, such as Senior Accountants or those in specialized roles, can command salaries of $65,000 to $85,000 or more, particularly in larger organizations or high-cost-of-living areas.

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