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Accounting Technology/Bookkeeping Major

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Accounting Technology/Bookkeeping

251 Bachelor's Degrees Annually
#66 in Popularity
$46,860 Median Salary

Types of Degrees Accounting Technology/Bookkeeping Majors Are Getting

The following table lists how many accounting technology/technician and bookkeeping graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Basic Certificate 9,551
Associate’s Degree 7,118
Undergraduate Certificate 3,319
Bachelor’s Degree 251

What Accounting Technology/Bookkeeping Majors Need to Know

People with careers related to accounting technology and bookkeeping were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Accounting Technology and Bookkeeping Majors

Accounting Technology and Bookkeeping majors often go into careers in which the following knowledge areas are important:

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  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Skills for Accounting Technology and Bookkeeping Majors

The following list of skills has been highlighted as some of the most essential for careers related to accounting technology and bookkeeping:

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  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Mathematics - Using mathematics to solve problems.
  • Speaking - Talking to others to convey information effectively.

Abilities for Accounting Technology and Bookkeeping Majors

A major in accounting technology and bookkeeping will prepare for your careers in which the following abilities are important:

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  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Near Vision - The ability to see details at close range (within a few feet of the observer).
  • Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.

What Can You Do With a Accounting Technology/Bookkeeping Major?

Below is a list of occupations associated with accounting technology and bookkeeping:

Job Title Job Growth Rate Median Salary
Bioinformatics Technicians 9.3% $48,330
Brokerage Clerks 5.0% $51,400
Statistical Assistants 9.3% $48,330
Tax Preparers 10.7% $39,390

Who Is Getting a Bachelor’s Degree in Accounting Technology/Bookkeeping?

251 Bachelor's Degrees Annually
39% Percent Women
14% Percent Racial-Ethnic Minorities*
This major attracts more men than women. About 61% of the graduates in this field are male.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of accounting technology and bookkeeping majors is as follows:

Racial-Ethnic Diversity of Accounting Technology and Bookkeeping Students with Bachelor's Degrees
Race/Ethnicity Number of Grads
Asian 16
Black or African American 6
Hispanic or Latino 12
White 201
International Students 10
Other Races/Ethnicities 6

Geographic Diversity

Students from other countries are interested in Accounting Technology and Bookkeeping, too. About 4.0% of those with this major are international students.

How Much Do Accounting Technology/Bookkeeping Majors Make?

Salaries According to BLS

Average salaries range from $46,110 to $50,110 (25th to 75th percentile) for careers related to accounting technology and bookkeeping. This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for an Accounting Technology/Bookkeeping Major  ( 46110 to 50110 )
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some careers associated with accounting technology and bookkeeping require an advanced degree while some may not even require a bachelor’s. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to accounting technology and bookkeeping have obtained the following education levels.

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Education Level Percentage of Workers
Less than a High School Diploma 1.3%
High School Diploma - or the equivalent (for example, GED) 26.4%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 8.3%
Some College Courses 12.2%
Associate’s Degree (or other 2-year degree) 10.3%
Bachelor’s Degree 29.2%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. 2.0%
Master’s Degree 8.8%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession. 1.6%
Doctoral Degree 0.9%
Post-Doctoral Training 0.2%

Online Accounting Technology/Bookkeeping Programs

In 2018-2019, 794 schools offered a accounting technology and bookkeeping program of some type. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 427 132
Certificate (1-2 years) 428 127
Certificate (2-4 Years) 5 0
Associate’s Degree 541 149
Bachelor’s Degree 2 1
Post-Baccalaureate 427 132
Master’s Degree 0 0
Post-Master’s 0 0
Doctor’s Degree (Research) 0 0
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Accounting Technology/Bookkeeping Worth It?

The median salary for a accounting technology and bookkeeping grad is $46,860 per year. This is based on the weighted average of the most common careers associated with the major.

This is 17% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $139,200 after 20 years!

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You may also be interested in one of the following majors related to accounting technology and bookkeeping.

Major Number of Grads
Accounting 79,652
Accounting and Finance 2,451
Accounting and Business/Management 1,853
Other Accounting and Related Services 749
Auditing 179

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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