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Top business management jobs:
Sales manager
Account manager
Store manager
Marketing manager
Project manager
Top accounting job titles:
Accountant
Staff accountant
Accounting manager
Tax accountant
Cost accountant
Career growth and salaries
Now, that you know some of the top job titles for each field, you may be curious about the general career stability for each. Whether you pursue a degree in accounting or business, no choice is a bad choice. According to the Bureau of Labor Statistics, employment for accountants and auditors is projected to grow 10 percent from 2016-2026. For management analysts, a 12 percent growth in employment is expected. Both of these are faster than the national average of seven percent for all jobs. This means that you can expect excellent job stability no matter which field you choose. And while stability is one motivating factor, you also want a job that can support your family. We're here to tell you good news. In 2016, the median wage for accountants was $68,150, with the lowest 10 percent earning $42,140 and the top earners bringing in $120,910. The average management analyst salary was $81,330, with the lowest 10 percent earning $46,560 and the top earning $149,720.
Remember that it will likely take a few years experience to build up to those higher-earning numbers, but now you have an idea of what to expect going into either field. For those still earning an hourly paycheck, annual salaries like these are something to get excited about. However, before you focus too heavily on pay, you will need to develop the skills that employers are looking for in candidates. Skills needed to succeed one for management and one for accounting.
Business analyst
Accounting
Project management
Microsoft Excel
Microsoft Office
Account reconciliation
Business process
General ledger
Budgeting
Financial statements
SQL
Budgeting
Customer service
Generally Accepted Accounting Principles (GAAP)
Data analysis
Financial reporting
Process improvement
Microsoft Office
Scheduling
Auditing (internal and external)
Education requirements
You know all the basic facts surrounding job titles, growth, salary and what skills you may need. The last piece of information that you may be wondering about is how long it will take you to obtain either a business management or accounting degree.
For more information, visit the comments part.