do people who take up accounting make a lot of money?

Question

I might take it up in college. i'm wondering if ppl who take that up as a career make a lot of $?

let me add more: how much? i know it may depend, but what's the average? do ppl who have taken up accounting live in the middle class, upper- middle class?

Answer 1

Public accountants for med to large metro areas probably start around 40 - 55k. You could take that in many different directions but the potential is unlimited. An MBA would be a plus after you work a couple of years. You will need 120 college credit hours (and an accounting degree) to take the CPA exam. Many colleges now have 5 year programs where you can earn an undergrad and masters degree.

Answer 2

Many people spend far more than $1000 per week, that is not a lot of money. No, the bank should not ask you questions about it so long as it is your individual account and you have proper identification. It is not their job to know what you are doing with your money each week. If you are a jittery nervous wreck at the counter because you are taking drugs, they might be asking questions for a different reason.

Answer 3

There are many accounting type jobs out there, some pay well and others, not so well. However it is a respectable position which requires one to be detail oriented and up on new techniques and developments. The value of your expertise depends on the field of accounting you specialize in, ie banking, corporate finance, small business, government, taxation etc. There is a wealth of opportunities open to you if you are interested and maintain a respectable demeanor.

Answer 4

I have a friend who is a Certified Public Accountant. He lives a very comfortable life, but he has some clients who own McDonalds franchises, and he is under a lot of deadline pressure at Income Tax time. I have another friend who owns Apartments and retired at a young age. Are you good at numbers, or is it going to be boring for you?

Answer 5

My sister in-law just graduted with an accounting degree and she is having trouble finding a job. The are looking for other ways to earn a living. Email me and we can talk more.
[e-mail]

Answer 6

it really matters what sort of accounting one does. the average accountant wont get rich, but you can eventually work your way into being an accountant for businesses taxes and such and you can then earn a good ammount. go talk to some accountants.

Answer 7

with the necessary certifications accountants have one of the highest salaries straight out of college

Answer 8

Companies don't pay a lot for people to crunch numbers. For money, you want to get into finance.

Answer 9

That depends upon what you consider 'a lot' of money.

Answer 10

define A LOT OF MONEY ... for me not really but they will live decent and in a long term they will be succeed and live well.