Business professionals who earn an MBA with a Specialization in Accounting from the University of South Carolina Aiken stand to benefit from a confluence of advantages:
- Your degree opens the door to a career that can place you in any industry, because accountants are needed by organizations of all types.
- Job growth for accountants and auditors in the years 2018-2028 is projected at 6%
- Employment in South Carolina has been trending upward since 2010, as indicated by employer and household surveys. Statewide employment reached an all-time high in June 2019. The new figures for 2020 show the state's population growth at 1.22%.
- The South Carolina Department of Workforce and Labor Intelligence named accounting among the top 50 fastest growing professional fields statewide.
- The USC Aiken School of Business is accredited by the Association to Advance Collegiate Schools of Business, a distinction earned by only 5% of business schools worldwide.
- Large corporate employers are located throughout the state, and all have accounting departments. These employers represent diverse industries, from electronics to healthcare.
Accounting in South Carolina, by the Numbers
According to the Bureau of Labor Statistics, there are between 12,320 and 32,870 accountants and auditors in South Carolina, and they earn a median wage of $64,750. The average certified public accountant salary statewide is $59,965, with a typical tenure at an employer of one to three years, Indeed reports. These figures are much higher in the major cities. In Charleston, accounting professionals make an average of $68,135 and in Spartanburg, they make $71,424.
Jobs in Accounting
In addition to working as a CPA for an independent practice, corporation, government office or nonprofit, other rewarding careers await those with an MBA in accounting. Here are just a few of the common roles available upon graduation. (Salary data from Salary.com and U.S. News & World Report as of December 2019).
- Financial Analyst II: $70,165
- Financial Analyst III: $87,295
- Management Analyst: $83,610
- Internal Auditor III: $86,331
- Chief Financial Officer: $377,796
Top Employers in South Carolina
Many accountants choose to work for large public accounting and professional services firms, such as Deloitte (locations in Columbia and Greenville) and PricewaterhouseCoopers (Spartanburg) — clear choices for CPAs interested in external audit and management consulting. CPAs can also open an independent practice or work for one of the many corporations in the state.
The top 15 employers in the state, according to Zippia:
- Cryovac, Inc.
- Intertech Group
- KEMET Electronics
- BlueCross BlueShield of South Carolina
- BE&K Inc
- Medical University of South Carolina
- Milliken & Company
- Clemson University
- Sunbelt Rentals
- McLeod Health
Versatility, career mobility and prestige are just a few of the reasons to consider earning your MBA in accounting. And USC Aiken's online MBA program makes it convenient for working professionals.
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