Accounting Degree from University of Illinois at Springfield Return on Investment
See what the return on investment is for jobs that someone with a Accounting degree from University of Illinois at Springfield is likely to work in.
Top job projections for graduates in accounting from university of illinois at springfield
Accountants and auditors
Projection Rating: B+
Median Annual Wage: $79,880
Percentage of Paycheck to Repay: 11.38%-8.47%
Employment Change: 91.4%
Entry-Level Education: Bachelor's degree
Budget analysts
Projection Rating: B+
Median Annual Wage: $84,940
Percentage of Paycheck to Repay: 10.70%-7.96%
Employment Change: 2%
Entry-Level Education: Bachelor's degree
Investing in your education is one of the most important decisions you can make for your career. An Accounting Degree from the University of Illinois at Springfield (UIS) not only equips you with the essential skills and knowledge needed for a successful career in accounting but also offers an impressive return on investment (ROI).
According to recent studies, graduates with an accounting degree often see a significant increase in their earning potential. The UIS accounting program is designed to provide students with a comprehensive understanding of financial principles, taxation, auditing, and management accounting, ensuring they are well-prepared to enter the competitive job market.
Furthermore, UIS boasts a strong network of alumni and partnerships with local businesses, which can facilitate internships and job placements. This connection enhances your practical learning experience and can lead to lucrative employment opportunities right after graduation.
Employers highly value the University of Illinois at Springfield degree due to its rigorous curriculum and the university's commitment to student success. Graduates often find themselves in high-demand positions such as accountants, auditors, financial analysts, and tax consultants, all of which come with competitive salaries.
In addition to salary increases, an accounting degree from UIS can lead to job stability and growth. The accounting profession is consistently ranked among the most stable careers, with the Bureau of Labor Statistics projecting a steady growth rate for accounting jobs in the upcoming years.
When considering the ROI of an Accounting Degree from UIS, it’s essential to factor in not only the potential earnings but also the comprehensive education and career support provided by the university. UIS prepares you for the CPA exam and offers resources to help you succeed in your licensing journey, further enhancing your career prospects.
In conclusion, pursuing an accounting degree from the University of Illinois at Springfield is a wise investment. With a solid educational foundation, strong job placement rates, and excellent earning potential, graduates can expect a favorable return on their investment, setting them up for long-term success in the accounting field.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.