More evidence was just released highlighting a hotter-than-ever accounting field. Career Solvers recently posted some results from American Institute of Certified Public Accountants indicating enrollment in accounting majors has risen 19 percent between 2000 and 2004. I’m not surprised.
Why? Well, just consider two enticing characteristics of the accounting field today – money and job security. Our own research with Association for Financial Professionals has found that the average salary of financial professionals is more than 30 percent higher than the national average salary. That’s a strong incentive to enter the number-crunching field.
And a little thing called Sarbanes-Oxley is contributing to a demand for accountants that for now is outstripping the supply. That means a healthy dose of job security for the near future.
Lastly, although nationally-representative studies are good indicators of what’s happening in a given field, I always turn to my own business and marketplace for true evidence of any particular trend. Let’s just say, business is good. Oh, and if you know anybody with SEC reporting knowledge or Big 4 internal audit experience, send them my way.