2024 Most Popular Accounting Degree Programs Ranking in Scranton, PA

What can I expect from a Accounting degree in Scranton, PA?

Students pursuing an accounting degree in Scranton, PA, can expect a dynamic and enriching educational journey that prepares them for a variety of roles in the financial sector. Graduates often share their experiences, highlighting several key aspects of their programs:

• Comprehensive Curriculum: Many graduates recall diving into a well-rounded curriculum that blends foundational subjects like mathematics and economics with core accounting principles. They often mention engaging in courses such as financial accounting and auditing, which provided them with a solid understanding of financial management. One graduate fondly remembers late-night study sessions with classmates, tackling complex accounting problems that ultimately made them feel confident in their skills.
• Credit Hour Requirements: Students typically need around 120 credit hours to graduate, but many graduates emphasize the importance of completing at least 150 credit hours to qualify for the CPA exam. This often leads them to pursue additional coursework or a master’s degree. A graduate shared how taking extra classes not only prepared them for the CPA but also allowed them to form lasting friendships with peers who shared similar goals.
• Practical Learning Opportunities: Internships and community service are integral to many programs. Graduates often recount their experiences with tax assistance initiatives, where they applied classroom knowledge to help local families. One graduate described the satisfaction of assisting a family with their taxes, feeling a sense of purpose and real-world impact.
• Diverse Career Paths: Graduates appreciate the variety of career options available to them, from accountants to financial analysts. They often express excitement about the projected job growth in the field, feeling optimistic about their future. One graduate noted how their internship led directly to a job offer, illustrating the strong demand for skilled professionals.
• SkillDevelopment: The emphasis on critical thinking and analytical reasoning is frequently mentioned. Graduates reflect on how these skills were honed through group projects and presentations, preparing them for the challenges of the workplace.
• Salary Insights: Many graduates are encouraged by the median annual salary of around $79,880 for accountants and auditors, which they view as a testament to the profession's value.

Overall, students in Scranton can look forward to a fulfilling educational experience that equips them with the knowledge and skills necessary for a successful career in accounting.

Where can I work with a Accounting degree?

Graduates with an accounting degree from institutions in Scranton, PA, can find a wealth of job opportunities across various sectors. Many alumni have shared their experiences, highlighting the diverse paths available to them after completing their studies.

• Public Accounting: Several graduates began their careers at well-known public accounting firms, such as Deloitte and PwC. They often recount the excitement of working on audits and tax preparations for a variety of clients, which not only honed their technical skills but also provided a dynamic work environment. The strong job market in this sector, with a projected growth rate of 7% for accounting positions through 2030, makes it an attractive option.
• Corporate Accounting: Many students from local universities, like the University of Scranton, have transitioned into corporate accounting roles. They describe the satisfaction of managing financial records and reporting for a single organization, often in industries like manufacturing or technology. This path is frequently associated with a more stable work-life balance, which many graduates appreciate.
• Financial Services: Graduates have also found fulfilling roles in the financial services sector, including banking and investment firms. They often share stories of working as financial analysts, where they assist companies in making strategic financial decisions. The demand for these positions is expected to grow by 8% by 2032, making it a promising field.
• Government and Nonprofit Organizations: Some alumni have chosen to work in government agencies or nonprofit organizations, where they manage budgets and ensure compliance with regulations. They express a deep sense of purpose in these roles, contributing to their communities while utilizing their accounting skills.
• Consulting: A number of graduates have ventured into consulting, advising businesses on financial strategies and operational efficiency. They enjoy the variety ofexperiences this path offers, working with different clients across multiple industries.

These experiences reflect the versatility of an accounting degree, allowing graduates from Scranton to explore numerous rewarding career paths.

How much can I make with a Accounting degree in Scranton, PA?

Graduates with an Accounting degree in Scranton, PA, can expect to earn competitive salaries in various roles within the field. For instance, a Staff Accountant in the area has a mean annual wage of approximately $86,740, translating to about $41.70 per hour. This role often involves preparing financial statements, ensuring compliance with regulations, and managing budgets, making it a solid choice for those who enjoy detail-oriented work.

Many graduates from local institutions, such as the University of Scranton, have shared their experiences transitioning from academic life to professional roles. One graduate recalled how their internship as a Staff Accountant not only provided practical experience but also led to a full-time position shortly after graduation, highlighting the strong job market for accounting professionals in the region.

In addition to Staff Accountants, Bookkeepers also play a vital role in the financial landscape, earning a mean annual wage of around $47,440, or about $22.81 per hour. Graduates have noted that starting as a Bookkeeper can be a stepping stone to more advanced positions in accounting. One former student mentioned how their part-time job as a Bookkeeper during college helped them develop essential skills in financial record-keeping, which proved invaluable in their career.

Key points to consider about salaries for Accounting degree graduates in Scranton, PA include:

• Staff Accountant: Mean annual wage of $86,740; hourly wage of $41.70.
• Bookkeeper: Mean annual wage of $47,440; hourly wage of $22.81.
• Career Growth: Many graduates find that entry-level positions lead to higher-paying roles as they gain experience and expertise.

These insights reflect the positive outlook for Accounting graduates in Scranton, PA, where local universities provide a strong foundation for a successful career in finance.

How long does it take to complete a Accounting degree in Scranton, PA?

Completing an Accounting degree in Scranton, PA, typically takes different lengths of time depending on the level of the degree pursued.

• Associate Degree: This two-year program is often the first step for many students. Graduates from local community colleges, such as Lackawanna College, often find that this degree provides a solid foundation in accounting principles and practices. Many students appreciate the hands-on experience and personalized attention from faculty, which can lead to entry-level positions in accounting or bookkeeping shortly after graduation.
• Bachelor’s Degree: A bachelor’s degree in accounting generally requires four years of study. Universities like the University of Scranton offer comprehensive programs that not only cover accounting fundamentals but also delve into advanced topics such as taxation and auditing. Graduates from these programs often share how the rigorous curriculum and internship opportunities helped them secure jobs in reputable firms before even graduating.
• Master’s Degree: For those looking to deepen their expertise, a master’s degree in accounting can typically be completed in one to two years after obtaining a bachelor’s degree. Programs like the one at Marywood University are designed for working professionals, allowing for flexible scheduling. Graduates often express how this advanced degree has opened doors to higher-level positions and increased earning potential.

In summary, students in Scranton can expect to invest:

• 2 years for an Associate Degree
• 4 years for a Bachelor’s Degree
• 1-2 years for a Master’s Degree

The supportive academic environment in Scranton, combined with the strong local job market for accountants, makes pursuing an accounting degree a rewarding choice for many students.

Why Choose an Accounting Degree in Scranton, PA?

Choosing to pursue an accounting degree in Scranton, PA, can be a strategic and rewarding decision for individuals looking to embark on a career in finance. Scranton offers a unique blend of academic excellence, practical experience, and job opportunities that can cater to the diverse aspirations of accounting students. By exploring the most popular accounting schools, prospective students can gain insights into the top programs available, ensuring they make an informed decision about their educational path. The city's strong local economy, coupled with its proximity to major metropolitan areas, provides graduates with a wide range of job opportunities, from public accounting and corporate finance to government agencies and non-profit organizations. Moreover, the cost of living and tuition fees in Scranton are relatively lower compared to larger cities, making it an attractive option for students seeking quality education without the hefty price tag. As the demand for skilled accounting professionals continues to grow, both locally and nationally, graduates from Scranton's accounting programs are well-positioned to secure lucrative and fulfilling roles in their chosen field.

What’s the difference between online and on-campus Accounting degree?

The primary difference between online and on-campus Accounting degrees lies in the mode of delivery and the flexibility they offer. In Scranton, PA, students can choose between traditional programs at institutions like the University of Scranton or online options that provide greater adaptability to personal schedules.

Online Accounting degrees allow students to learn at their own pace, making it easier for those who may be working or have family commitments. For instance, graduates from online programs often share how they appreciated the ability to balance coursework with their jobs, allowing them to apply what they learned in real-time. This flexibility can be particularly beneficial for those pursuing internships or part-time positions in local firms while studying.

On-campus programs, however, offer a more immersive experience. Students at the University of Scranton often highlight the value of face-to-face interactions with professors and peers, which can enhance understanding and foster networking opportunities. The collaborative environment in classrooms can lead to lasting relationships and mentorships, which are invaluable in the accounting field.

Consider these key points when weighing your options:

• Flexibility: Online programs allow for a self-paced learning environment, ideal for busy individuals.
• Networking: On-campus programs provide direct access to faculty and peers, enhancing professional connections.
• Resources: On-campus students benefit from campus facilities, such as libraries and study groups, which can enrich their learning experience.

Graduates from both paths report feeling well-prepared for the workforce, but their experiences differ significantly based on their chosen format. Ultimately, the decision should align with your personal circumstances and learning preferences, ensuring that you can thrive in your accounting career in Scranton and beyond.

CPA Certification: Navigating Your Path to Success

Achieving CPA certification is a key milestone for accounting students aiming to advance their careers. A dedicated section on CPA certification can enhance the article by outlining the steps, benefits, and resources available for graduates who intend to pursue this advanced credential. CPA candidates are usually required to meet additional education requirements, gain relevant work experience, and pass the rigorous CPA exam. This section offers practical guidance on how to prepare for and succeed in the certification journey, turning an academic foundation into a competitive career asset. For example, students should consider the additional credit hours or specialized courses that may bolster their application for the CPA exam. Many schools in Scranton, PA, integrate exam preparation workshops and provide access to study materials, ensuring graduates are well-prepared to tackle the challenges of the CPA qualification. Moreover, understanding the real-world impact of certification is essential. Many professionals find that earning their CPA credential opens doors to higher-level positions, greater salary potential, and enhanced professional credibility within the industry. To explore the comprehensive steps and learn strategies tailored for success, check out our guide on certified public accountant how to become. This insight not only empowers prospective accountants but also reinforces the long-term value of combining academic training with professional certification in today’s competitive job market.

What is the average cost of a Accounting degree in Scranton, PA?

The average cost of obtaining an accounting degree in Scranton, PA, can vary significantly depending on the type of institution chosen. For students pursuing a degree at a public college, the median in-state tuition for accounting programs is approximately $6,892. This affordability makes public institutions an attractive option for many local students, allowing them to focus on their studies without overwhelming financial burdens. Understanding the average cost of accounting degree in Scranton is crucial for prospective students as they plan their educational journey.

Graduates from local colleges often share their experiences of balancing coursework with part-time jobs, highlighting how the lower tuition costs enabled them to invest in their education while gaining practical experience. For instance, students attending community colleges in the area frequently mention the supportive environment and smaller class sizes, which foster close relationships with professors and peers.

In contrast, those considering private institutions may face higher costs, with median out-of-state private tuition averaging around $32,084. While this investment can lead to valuable networking opportunities and resources, it’s essential for students to weigh these benefits against their financial situation. Graduates from private colleges often reflect on the extensive career services and internship placements that helped them secure positions in reputable firms.

When evaluating the overall cost of an accounting degree, students should also consider additional expenses such as textbooks, supplies, and certification exam fees. Many graduates emphasize the importance of budgeting for these costs, as they can add up quickly. This consideration is particularly relevant when looking at tuition fees for accounting programs in Scranton PA, as these additional expenses can significantly impact the total cost of education.

For those exploring online programs, the flexibility and lower costscan be particularly appealing. Online accounting programs often provide a more affordable pathway, allowing students to balance their studies with work commitments.

Ultimately, understanding the financial landscape of accounting degrees in Scranton empowers students to make informed decisions that align with their career aspirations and financial realities. For those interested in broader educational opportunities, you might also want to explore the best undergraduate business programs in Georgia.

What financial aid is available to Accounting degree students in Scranton, PA?

Students pursuing an Accounting degree in Scranton, PA, have access to a wealth of financial aid options that significantly ease the burden of educational expenses. Approximately 99% of these students receive some form of financial assistance, making it clear that support is readily available.

• Federal Financial Aid: By completing the Free Application for Federal Student Aid (FAFSA), students unlock various federal programs, including grants, loans, and work-study opportunities. One graduate shared how receiving a Federal Pell Grant allowed them to focus on their studies without the constant worry of tuition payments.
• Grants: Need-based grants are a lifeline for many students. For instance, a graduate from a local university recounted how the Pennsylvania State Grant helped cover a substantial portion of their tuition, allowing them to graduate debt-free. These grants do not require repayment, making them an attractive option for students.
• Scholarships: Local institutions often offer scholarships tailored for Accounting majors. A recent graduate mentioned receiving a merit-based scholarship that recognized their academic achievements, which not only alleviated financial stress but also motivated them to maintain high grades throughout their studies.
• Work-Study Programs: Federal work-study programs provide students with part-time job opportunities, either on campus or in the community. One graduate fondly recalled working in the university’s accounting office, where they gained valuable experience while earning money to help pay for books and supplies.
• Fellowships and Assistantships: For graduate students, fellowships and assistantships can be particularly beneficial. A graduate shared their experience of receiving a teaching assistantship that covered tuition costs and provided a stipend, allowing them to gain teaching experience while pursuing their degree.

The financial aid landscape for Accounting students in Scranton is notonly diverse but also deeply impactful, enabling students to focus on their academic and career aspirations without the overwhelming burden of financial strain.

Return on Investment (ROI) for Accounting Degrees in Scranton, PA

When evaluating the true value of an accounting degree in Scranton, PA, understanding the return on investment (ROI) is essential. ROI measures the financial benefits—such as increased lifetime earnings—against the total cost of tuition, fees, and related expenses. Prospective students often calculate a payback period, which is the time it takes for higher post-graduation salaries to offset educational costs. With Staff Accountants in Scranton earning a mean annual wage of $86,740 and Bookkeepers averaging $47,440, the typical four-year bachelor’s degree can pay for itself in as little as three to five years, depending on the institution and financial aid received. To maximize ROI, consider factors such as in-state tuition rates, scholarship opportunities, and program delivery format. Public institutions in Scranton offer median in-state tuition of approximately $6,892 per year, while online programs can lower costs further by eliminating room and board. Additionally, leveraging federal grants and work-study programs can reduce out-of-pocket expenses, shortening the payback period. Graduates who complete the recommended 150 credit hours for CPA eligibility often see accelerated salary growth, making the initial investment more rewarding in the long term. For students seeking even more cost-effective pathways, exploring programs beyond Scranton may reveal hidden value. For example, our Inexpensive Accounting Degree Programs Ranking in Madison, WI highlights quality options with lower tuition that still deliver strong career outcomes. By carefully comparing program costs, financial aid packages, and projected earnings, you can choose an accounting degree that offers the best ROI, empowering you to achieve both academic and professional success.

Certification and Licensure

Accounting graduates in Scranton, PA often pursue professional certifications like the Certified Public Accountant (CPA) to enhance their career prospects and meet industry standards. In Pennsylvania, CPA eligibility requires completing 150 semester hours with specific accounting and business coursework, passing the Uniform CPA Examination, and obtaining a year of supervised experience. Many local students leverage their Bachelor’s degree programs’ built-in credit structures, but those needing additional credits often consider graduate studies to fulfill the 150-hour threshold. For instance, exploring cheapest online accounting master’s degree programs can be an affordable pathway to meet these requirements while balancing work and family commitments. To sit for the Uniform CPA Exam in Pennsylvania, candidates must submit transcripts demonstrating required coursework in areas such as auditing, financial accounting, taxation, and business law. After passing all four exam sections—Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG)—applicants must complete one year of relevant accounting experience under a licensed CPA. This practical experience can stem from internships, part-time roles, or full-time positions at public accounting firms, corporations, or government agencies in the Scranton area. Beyond the CPA, other certifications such as Certified Management Accountant (CMA) and Certified Internal Auditor (CIA) offer specialized expertise. The CMA credential, administered by the Institute of Management Accountants, focuses on financial planning, analysis, and control, while the CIA, offered by the Institute of Internal Auditors, emphasizes audit and risk management. Each certification has its own examination requirements and professional experience criteria, allowing graduates to tailor their credentials to specific career paths. Preparing for professional certification exams often involves dedicated review courses and study groups. In Scranton, students can access exam prep workshops through university career centers or local professional associations, such as the Pennsylvania Institute of Certified Public Accountants. These resources provide targeted instruction on exam content, test-taking strategies, and accountability structures, helping candidates increase their pass rates. By understanding and planning for certification and licensure requirements early in their academic journey, Scranton accounting students can strategically align their coursework, internships, and graduate studies to achieve professional credentials that boost employability, salary potential, and long-term career growth.

What courses are typically in a Accounting program in Scranton, PA?

Accounting programs in Scranton, PA typically include a robust curriculum designed to equip students with essential skills and knowledge. Core courses often encompass:

• Financial Accounting: This foundational course introduces students to the principles of financial reporting and the preparation of financial statements. Graduates often recall how this course helped them understand the language of business, making it easier to analyze company performance.
• Managerial Accounting: Focusing on internal decision-making, this course teaches students how to use accounting information for planning and control. Many graduates have shared how the hands-on projects in this class, such as creating budgets for hypothetical companies, provided them with practical skills they still use in their careers.
• Taxation: This course covers federal income tax laws and their application to individuals and businesses. Students often express excitement about real-world applications, such as preparing tax returns for local clients during their coursework, which gave them a taste of professional life.
• Auditing: Students learn about the auditing process and the role of auditors in ensuring financial integrity. Graduates frequently mention the thrill of conducting mock audits, which helped them grasp the importance of ethical standards in accounting.
• Accounting Information Systems: This course explores the technology used in accounting practices. Many students appreciate the hands-on experience with software tools, which they found invaluable when transitioning to the workforce.
• Advanced Accounting: Covering complex topics such as mergers and acquisitions, this course challenges students to think critically about real-world scenarios. Graduates often reflect on group projects that simulated real business situations, enhancing their teamwork and problem-solving skills.

These courses, offered at institutions like the University of Scranton and MarywoodUniversity, not only provide theoretical knowledge but also foster practical skills through engaging, real-life applications. The supportive learning environment in Scranton allows students to thrive and feel prepared for their future careers in accounting.

What types of specializations are available in a Accounting program in Scranton, PA?

Students pursuing an accounting degree in Scranton, PA, have access to a variety of specializations that cater to their career aspirations and interests. These specializations not only enhance their understanding of specific accounting practices but also significantly boost their employability in a competitive job market, where over 1 million individuals hold a bachelor’s degree in accounting and auditing across the U.S. The diverse range of accounting specializations in Scranton PA allows students to tailor their education to meet the demands of the industry.

• Managerial Accounting: Graduates specializing in this area often share how the coursework helped them develop skills for internal decision-making. One graduate recalled a project where they analyzed financial data to propose budget cuts, which ultimately led to a promotion within their organization.
• Taxation: Students focusing on taxation gain in-depth knowledge of tax laws. A graduate mentioned the satisfaction of preparing tax returns for local businesses, feeling a sense of accomplishment when clients received substantial refunds due to effective tax strategies they developed.
• Forensic Accounting: Those drawn to forensic accounting find excitement in investigating financial discrepancies. A graduate shared an experience working on a case that involved uncovering fraud in a corporate setting, which not only honed their analytical skills but also ignited a passion for justice.
• Auditing: Specializing in auditing prepares students to assess financial statements critically. One graduate reflected on their internship at a public accounting firm, where they conducted audits that ensured compliance with accounting standards, providing them with invaluable real-world experience.
• Financial Accounting: This specialization emphasizes the preparation and analysis of financial statements. A graduate expressed how learning to communicate complex financial information effectively helpedthem land a role in corporate finance, where they now contribute to strategic financial planning.
• Information Systems: With technology's growing role in accounting, this specialization equips students to manage accounting software. A graduate noted how their knowledge of information systems allowed them to streamline processes in their current job, making them an asset to their team.

These top accounting degree specializations Scranton enable students to tailor their education, making them more attractive to potential employers in the accounting field. For those considering further education, exploring options like a DBA degree online programs can also enhance career prospects and provide advanced knowledge in business administration.

In summary, the variety of specializations available in Scranton not only enriches the educational experience but also prepares graduates for successful careers in various accounting roles.

What career paths are available For Accounting graduates in Scranton, PA?

Graduates of accounting degree programs in Scranton, PA, have access to a variety of rewarding career paths that reflect the essential role of accounting in today’s economy. With a projected job growth of 4.3% in the accounting industry, the demand for skilled professionals is strong, making this an opportune time for aspiring accountants. The job opportunities for accounting graduates Scranton are diverse and plentiful.

Career paths available to these graduates include:

• Public Accounting: Many graduates find success as Certified Public Accountants (CPAs), where they engage in auditing, tax preparation, and consulting. One graduate shared how their CPA designation opened doors to prestigious firms, allowing them to work with diverse clients and tackle complex financial challenges.
• Corporate Accounting: Graduates often pursue roles as management accountants or internal auditors within corporations. A graduate recounted their journey from an entry-level position to a management role, emphasizing how their expertise in budgeting and financial analysis led to significant cost savings for their company.
• Government Accounting: Some graduates choose to work for government agencies, ensuring compliance and proper management of public funds. One former student described the fulfillment they felt in contributing to community welfare through transparent financial practices.
• Forensic Accounting: A niche yet growing field, forensic accounting attracts graduates interested in investigating financial discrepancies. A graduate recounted their experience working with law enforcement, highlighting the thrill of solving financial crimes and providing expert testimony in court.
• Financial Consulting: Many graduates venture into financial consulting, advising individuals and businesses on investment strategies and risk management. One graduate shared how their passion for helping others achieve financial stability led them to a successful consultingcareer.

These diverse career paths not only offer opportunities for advancement but also allow graduates to make meaningful contributions to their organizations and communities. The skills acquired during their studies in Scranton empower them to navigate the complexities of the financial world, ensuring a bright future in the accounting profession. For those looking to further their education, pursuing an online doctorate in accounting can open even more doors in this dynamic field.