Accounting Degree from University of Massachusetts – Lowell Return on Investment
See what the return on investment is for jobs that someone with a Accounting degree from University of Massachusetts – Lowell is likely to work in.
Top job projections for graduates in accounting from university of massachusetts - lowell
Accountants and auditors
Projection Rating: B
Median Annual Wage: $79,880
Percentage of Paycheck to Repay: 12.43%-9.25%
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: 11.69%-8.70%
Employment Change: 2%
Entry-Level Education: Bachelor's degree
When considering an Accounting Degree from the University of Massachusetts - Lowell, one of the most critical factors to evaluate is the return on investment (ROI). This degree not only equips students with essential accounting skills but also opens up a multitude of career opportunities in a rapidly evolving job market.
The ROI of pursuing an accounting degree at UMass Lowell is particularly compelling. Graduates from this program benefit from a robust curriculum that combines theoretical knowledge with practical application, ensuring that they are well-prepared for the demands of the accounting profession. The university's strong ties to regional businesses and its extensive alumni network further enhance job placement rates, leading to competitive starting salaries.
According to recent data, accounting graduates from UMass Lowell report average starting salaries that significantly exceed the national average for similar positions. This financial advantage, combined with the relatively low cost of tuition compared to other institutions, results in a favorable ROI that can be realized within just a few years of graduation.
Additionally, an accounting degree provides a pathway to various professional certifications, such as Certified Public Accountant (CPA) and Certified Management Accountant (CMA), which can further increase earning potential. As companies increasingly seek professionals with advanced accounting skills, the demand for qualified graduates continues to rise, making this degree a smart investment for your future.
In summary, an Accounting Degree from the University of Massachusetts - Lowell offers exceptional return on investment through high starting salaries, strong job placement rates, and opportunities for professional advancement. By choosing UMass Lowell, you are setting yourself up for a successful career in accounting with lasting financial benefits.
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.