Recognized for its educational opportunities and economy, New York is one of the most prominent US states. If it were an independent nation, it would rank as the 16th largest economy in the world. The state boasts a number of institutes for higher education that offer opportunities for students to hone new skills and develop existing ones in order to pursue careers in the field of their interest. Students who are interested in exploring accounting careers will find numerous opportunities in New York. A career in accounting may be an option for those who have strong analytical skills and are good with numbers. According to statistics, employment opportunities for accounting related careers in the state of New York look favorable in the years to come.
Accounting Colleges in New York
Ranging from associate’s degree programs to doctoral programs, accounting colleges in New York offer programs at all levels; which allows students with diverse educational and professional goals to pursue an education according to their interest. An associate’s degree program typically takes 2 years of full time study while a bachelor’s degree program generally spans over 4 years of full time study, but this could depend on the enrollment status of the students. Master’s degrees may take 1-2 years to earn, but may take longer in certain cases. Undergraduate programs help students prepare for entry level employment in the field of accounting such as bookkeepers, and graduate degree are designed for those who wish to specialize in a particular area within accounting and qualify for leadership or managerial roles.
In addition to degree programs, New York accounting schools also offer certificate programs. Students who already hold a degree in accounting may pursue these short courses to stay updated with the latest developments in the field of accounting and finance.
What courses will I study?
Accounting programs instruct students in a range of subjects that help them acquire analytical and mathematical skills. Coursework may include topics such as:
- Financial accounting
- Management principles
- Cost management
- Income taxation
- Fraud examination
- Accounting theory
What are the opportunities for graduates?
Accountants, auditors, and bookkeepers generally work in industries such as:
- Finance and insurance
- Accounting, tax preparation, bookkeeping, and payroll services
- Management of companies and enterprises
Accountants and auditors held about 105,530 positions in 2012, according to data from O*Net OnLine. Bookkeeping, accounting, and auditing clerks, on the other hand, held approximately 123,050 jobs. Employment for all accountants, auditors as well as bookkeeping clerks in New York is likely to grow between 2012 and 2022, O*Net OnLine data shows.
According to O*Net OnLine, in 2013, the median annual wage for the following accounting professionals in New York was as follows:
- Accountants: $76,800
- Bookkeeping, accounting and auditing clerks: $39,100
Financing your Education
New York students who want to enroll in an accounting program may possibly get funding for their education in the form of student loans, grants, and scholarships. These awards are funded by federal, state, and private resources in order to help eligible students afford a higher education in a convenient manner. Some of the funds students may apply for include:
- Federal Pell grants
- Federal supplemental education opportunity grant
- Federal student loans
- New York state tuition assistance program (TAP)