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Top reasons to major in accounting
Key takeaways about accounting majors
- Accounting majors learn the language of business, numbers, and strategy.
- You’ll take courses in auditing, tax, cost accounting, and more.
- There are many specializations, from forensic to managerial accounting.
- This major opens doors to careers in finance, auditing, and beyond.
- Accounting degrees come in different levels—associate to master’s.
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So, you're thinking about majoring in accounting? Accounting is more than just crunching numbers—it’s about understanding the financial engine that powers everything from small startups to global companies. As an accounting major, you’ll learn how to record, interpret, and analyze financial data, all while developing in-demand skills that can take you almost anywhere.
What is an accounting major?
An accounting major teaches you how to track and manage financial information for individuals, businesses, and organizations. You’ll learn how to prepare reports, analyze trends, comply with laws, and support smart decision-making with solid financial data. Whether you're working for a company or as a certified public accountant (CPA), accounting is essential to how the world does business.
Common courses and concentrations for accounting majors
Your core curriculum will usually include classes like:
- Financial Accounting
- Managerial Accounting
- Taxation
- Auditing
- Accounting Information Systems
Many programs also let you choose a concentration—think forensic accounting, international accounting, or even environmental accounting.
Accounting major specializations
Specializations can make you stand out in a crowded job market. Options might include:
- Forensic accounting: Investigate financial crimes.
- Managerial accounting: Help businesses make strategic decisions.
- Tax accounting: Dive deep into tax codes and help clients stay compliant.
- Government accounting: Work with public sector financial systems.
How do I know if accounting is for me?
Do you enjoy solving problems, working with numbers, and making sense of complex information? Are you detail-oriented, organized, and good at following rules? Then accounting might be your perfect match. It's also a solid choice if you're looking for a career with strong demand and a reliable paycheck.
Types of accounting degrees
There are several types of degrees available, each with its own level of depth and opportunity:
- Associate degree: Great for entry-level bookkeeping or assistant roles.
- Bachelor’s degree: The most common starting point, opening the door to CPA licensure and a range of career paths.
- Master’s degree: Often needed for upper-level roles or teaching positions.
Common double majors and minors
Accounting pairs well with majors like:
Minors in information systems, statistics, or law can also boost your skillset and make you more marketable.
Top career paths for accounting majors
- Certified Public Accountant (CPA)
- Auditor
- Financial Analyst
- Tax Consultant
- Budget Analyst
- Controller or CFO (with experience)
You can also go into nonprofit or government accounting, or work in-house at a major corporation.
How much can I earn with an accounting degree?
An accounting degree can lead to a wide range of career opportunities in business, finance, and government. Accountants and auditors typically earn solid salaries, with median earnings around $78,000. Pay can go even higher depending on your role, industry, and location—and if you earn a CPA or gain more experience, six-figure salaries are well within reach.
Source: U.S. Bureau of Labor Statistics, April 2025
Notable schools for accounting majors
Some well-regarded accounting programs include:
- University of Texas at Austin (McCombs)
- University of Illinois Urbana-Champaign
- Brigham Young University
- University of Southern California
- Indiana University Bloomington (Kelley)
Explore more resources
If you're interested in a degree in accounting, we have tools and resources to help. Use Scout College Search to find schools that match your goals and Scholly Scholarships to find scholarships based on your skills and interests. You can also explore a range of scholarships by major, including scholarships for accounting majors—and easily apply for Sallie's $2,000 No Essay Scholarship
*No purchase necessary. Void where prohibited. Odds of winning depend on number of entries received. Ends 12/31/2025.
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