Accounting Graduates Are in Demand

Accounting Services among Top Employers for the College Class of 2010

“Accounting services organizations are among those most interested in hiring the college Class of 2010, according to a new study conducted by the National Association of Colleges and Employers (NACE).

NACE’s Summer 2010 Salary Survey shows accounting services employers extended the greatest number of offers to this year’s crop of bachelor’s degree graduates, followed by engineering services and financial services (average salary offer $50,402).

The bulk of accounting services’ offers went to accounting majors, while engineering services organizations targeted mechanical, electrical/electronic, and civil engineers. Financial services organizations focused much of their attention on finance and accounting majors.”

Interns and New Graduates Face a Brighter Hiring Future

“Accounting hiring is expected to increase 17% this year [2011] . . . , geographically, the greatest percentage increases in hiring are expected in the Great lakes area (13%), the Mid-Atlantic (10%), and the South Central region (8%). The greatest hiring decreases are anticipated in the Pacific Northwest (-10%).. . .According to the [Recruiting Trends 2010-2011] report, "Internships and co-ops remain the most strategic hiring strategy available to employers" and the proliferation of campus career fairs as a meeting ground for potential employers and employees is expected to decline as students go after jobs online and through referral sources.”
(Source: AccountingWEB in Education & Careers posted on 12/14/2010)

Between Fall 2008 and Spring 2010, USM Career Services reports that 40 of the 115 on-campus recruiters, or 35 percent of all recruiters on campus recruiting for all programs, wanted to interview candidates for accounting positions.
(Source: USM Career Services)

“According to the Bureau of Labor Statistics “there were 1.3 million accountants and auditors in 2008. Employment of accountants and auditors is expected to grow much faster than the average for all occupations through the year 2018.” Accountants have good job opportunities. This is because there will be new and changing laws that will increase the need for accountants; also, there will be more private companies that will need accountants. Accountants who have a lot of special skills, such as certified public accountants (CPAs) and certified management accountants should have the easiest time finding a job.”