No truly successful business would be where it is without streamlined and effective techniques for managing its multi-layered finances, and the concepts taught in Mississippi accounting programs can give you the training you need to help steer an enterprise to prosperity from behind the scenes. Graduates of Mississippi accounting schools can find work in a variety of positions in both the public and private sector, using their knowledge of business administration and skill with numbers to help organizations and individuals stay fiscally sound.
Online Accounting Programs in Mississippi
Data collected by the National Center for Education Statistics (NCES) indicates that Mississippi students have a total of 21 brick-and-mortar accounting schools to choose from, including two-year institutions as well as four-year colleges and universities. What's more, a growing number of online accounting degrees makes it possible for students in Mississippi to attend accounting programs from numerous national institutions without ever leaving home.
Whether the degrees are online or on campus and in-state, Mississippi accounting schools tend to share a few core concepts that no accounting student should graduate without learning. Here's a list of subject areas that accounting students in Mississippi are likely to see during the course of their education:
- Managerial accounting
- Accounting systems
- Federal income tax accounting
- Law in accounting
- Economic principles
- Business communications
Accounting graduates who go on to become licensed as Certified Public Accountants (CPAs) tend to see a wider range of careers open up to them, particularly in accounting, auditing and taxation professions. Educational requirements for the Mississippi CPA exam consist of a college degree at the bachelor's level or higher with at least 150 credit hours or more of general education coursework, including a minimum of 48 hours of business or accounting courses at the upper-division or graduate levels with at least one course each in the following subjects:
- Financial accounting
- Management accounting
- Non-profit accounting
After passing the exam, applicants for a Mississippi CPA license must also furnish documentation of at least one year of work experience under the supervision of a licensed CPA. Other details of the Mississippi CPA exam and licensure policy can be found at the Mississippi State Board of Public Accountancy.
What is the Job Outlook for Accountants in Mississippi?
The versatility of an education from Mississippi accounting schools may become clearest in the job search, when students discover that their training has prepared them for a range of entry-level business careers. Here are a few of the job titles that may be available to graduates of Mississippi accounting programs, along with the statewide mean annual salary for each position as reported by the U.S. Department of Labor's Bureau of Labor Statistics (BLS):
- Budget analyst: $61,110
- Financial examiner: $75,170
- Financial analyst: $68,980
- Personal financial advisor: $69,460
- Tax examiner/collector: $47,390
- Bookkeeping, accounting or auditing clerk: $34,030
- Tax preparer: $28,770
The BLS also reports that accountants and auditors in Mississippi earned a median annual wage of $50,840 in 2014, with even the bottom 25 percent of earners taking home at least $39,680 -- still a few thousand dollars more than the statewide average across all occupations. Graduates of Mississippi accounting programs also have access to some career fields with strong growth expectations, according to the Mississippi Department of Economic Security (MDES). Here are a few MDES employment growth projections for the period between 2010 and 2020:
- Budget analysts: 14.8 percent
- Financial analysts: 11.8 percent
- Credit analysts: 21.1 percent
- Financial examiners: 22.7 percent
- Credit counselors: 16.7 percent
- Cost estimators: 14.0 percent
What are Accounting Specializations in Mississippi?
Particularly at the master's level, students at Mississippi accounting schools may be able to concentrate their studies on a particular element of accounting theory or practice. Here's a list of accounting specializations that Mississippi students may be able to find on campus or online:
Some Mississippi accounting programs choose to structure their graduate degrees in accounting as Master of Business Administration (MBA) degrees with an accounting specialization, which can bring even more flexibility to your accounting education. An MBA curriculum may also include training in marketing, project management, business administration and other disciplines that can provide invaluable perspective for an accountant on the rise up the career ladder.
College Navigator, National Center for Education Statistics, accessed October 26, 2015, http://nces.ed.gov/collegenavigator/?s=MS&p=52.0301+52.0305+30.1601+52.0304+52.0399
Occupational Projections, Mississippi Department of Employment Security, accessed October 26, 2015, http://www.mdes.ms.gov/information-center/labor-market-information/occupational-projections/
Accountants and Auditors, Occupational Employment Statistics, Bureau of Labor Statistics, U.S. Department of Labor, accessed October 26, 2015, http://www.bls.gov/oes/current/oes132011.htm
Mississippi, May 2014 State Occupational Employment and Wage Estimates, Bureau of Labor Statistics, U.S. Department of Labor, accessed October 26, 2015, http://www.bls.gov/oes/current/oes_MS.htm
Five Popular Reasons for Earning a CPA License, National Association of State Boards of Accountancy, accessed October 26, 2015, https://www.nasba.org/licensure/gettingacpalicense/whygetlicensed/five-popular-reasons-for-earning-a-cpa-license/
Licensure and Exam Requirements, Mississippi State Board of Public Accountancy, accessed October 26, 2015, http://www.msbpa.ms.gov/Pages/License.aspx
School pages, accessed October 26, 2015: Adkerson School of Accountancy, Mississippi State University, http://business.msstate.edu/programs/adkerson/; Bachelor of Accountancy, The University of Mississippi, http://accountancy.olemiss.edu/bachelor-of-accountancy/; Accounting - B.S.B.A., The University of Southern Mississippi, https://www.usm.edu/undergraduate/accounting-bsba/course-descriptions; Online Accounting Graduate Degree Specialization, University of Colorado Global Campus, https://csuglobal.edu/graduate/programs/specializations/accounting; Accounting Degree Specialization, DeVry University, http://www.devry.edu/degree-programs/business-management/accounting-degree-specialization.html; Master of Science in Accounting, Kaplan University, http://www.kaplanuniversity.edu/business/accounting-master-degree.aspx
Occupational Outlook Handbook, Bureau of Labor Statistics, U.S. Department of Labor, accessed October 26, 2015: Cost Estimators, http://www.bls.gov/ooh/Business-and-Financial/Cost-estimators.htm; Management Analysts, http://www.bls.gov/ooh/Business-and-Financial/Management-analysts.htm; Financial Examiners, http://www.bls.gov/ooh/business-and-financial/financial-examiners.htm