SBUBolivar, Missouri Est. 1878

Department of Accounting at Southwest Baptist University

Questions? Contact

Wayne Clark, CPA
SBU Accounting Department Chair
(417) 328-1951
wclark@sbuniv.edu


Faculty

Sharla Bailey
Wayne Clark
Jenell Wagner

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Accountants are in demand

Accountants are in Demand

Accounting graduates are in high demand. Since 2002, all SBU Accounting graduates except eight had employment in the accounting field within three months of graduation (most before graduation).  Just five students went on to graduate school—Accounting is certainly a field which provides a great chance for a job with only a bachelor’s degree. Accounting industry hiring trends are consistently near the top as shown in these comments industry hiring surveys.

OPPORTUNITIES IN ACCOUNTING CONSISTENTLY NEAR THE TOP

2011 Accounting Grads Earning Average Salaries of $50,000, according to Accounting WEB Staff

Accounting students graduating in 2011 earned starting salaries that exceeded those in nearly every other field except engineering and computer sciences. “Entry-level accounting and finance jobs tend to see steady growth from year to year,” said NACE (National Association of Colleges and Employers) spokesperson Andrea Koncz.

Job Outlook survey shows positive trends for accounting graduates

The National Association of Colleges and Employers (NACE) recently conducted its annual Job Outlook 2011 survey and found that hiring trends for 2011 graduates are looking positive. Some industries expect to hire more and employers reveal which majors they gravitate toward.

The NACE survey found that 62 percent of employers plan to hire accounting majors this year and 57 percent plan to hire finance majors. Accounting and finance majors can work as accountants at large firms or corporations. Or they can even work in small business and non-profits. Some specialize in specific types of accounting or even taxes. With this kind of flexibility, accounting and finance graduates may have more options than majors in other fields.

These findings are in line with the U.S. Bureau of Labor Statistic's projected job growth for 2008 to 2018. The bureau predicts that some of the jobs to be in higher demand in the next several years include: retail salespersons, office clerks, accountants and auditors, bookkeepers, accountants, auditing clerks, and computer software engineers (applications), just to name a few.

WASHINGTON (AP) – The U.S. college class of 2012 is in for a rude welcome to the world of work. (except degrees like Accounting)

A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills and knowledge College graduates who majored in zoology, anthropology, philosophy, art history and humanities were among the least likely to find jobs appropriate to their education level; those with nursing, teaching, accounting or computer science degrees were among the most likely.

Starting salaries in accounting & finance appear headed for an increase in 2013  KEN TYSIAC SEPTEMBER 27, 2012

U.S. accounting and finance starting salaries will rise in 2013 despite an uncertain economy, according to a recently published salary guide.
Despite high U.S. unemployment, though, university-degreed workers with the specialized skills needed to succeed in accounting are experiencing low unemployment, according to the Robert Half report.

Accounting Firms Are Hiring By Julie Steinberg

Amid the detritus of layoffs and slashed bonuses in banking and finance, there's one profession still actively looking for talent: the more placid vocation of accountancy. The Bureau of Labor Statistics estimates that the profession will grow by 22% between 2008 and 2018, with as many as 500,000 jobs opening up.

Best Jobs for 2011 Kaitlin Madden, CareerBuilder Writer

Not only is accounting projected to experience large growth through 2018, but accounting is consistently among the bachelor's degrees most desired by employers, and is the No.1 bachelor's degree that employers will be looking for in 2011, according to NACE.

Unemployment rate in accounting profession remains at 3.5%

Entry-level CPAs are finding the job market fairly friendly despite the nation's high 9.1% unemployment rate. Unemployment in the accounting profession has remained at 3.5% this year, according to the Bureau of Labor Statistics.

Job Picture Looks Bleak for 2013 College Grads  By Mark Koba | CNBC

NACE said employment areas with the greatest demand for this year's graduates include business, engineering, computer sciences and accounting.

The Top-10 Candidate Skills/Qualities Employers Seek April, 2013

What makes an ideal job candidate? Of course, top candidates need to have the requisite major and GPA, and relevant work experience, but it’s their soft skills that make them ideal.

In terms of the skills that differentiate candidates, employers responding to NACE’s Job Outlook 2013 say they want good communicators who can make decisions and solve problems while working effectively as part of a team.

  1. Ability to verbally communicate with persons inside & outside the organization
  2. Ability to work in a team structure
  3. Ability to make decisions and solve problems
  4. Ability to plan, organize, and prioritize work
  5. Ability to obtain and process information
  6. Ability to analyze quantitative data
  7. Technical knowledge related to the job
  8. Proficiency with computer software programs
  9. Ability to create and/or edit written reports
  10. Ability to sell or influence others

    Source: Job Outlook 2013, National Association of Colleges and Employers