One of the primary motivations for pursuing a certificate in accounting is the potential for higher earnings. According to the Bureau of Labor Statistics, the national “median annual wage for accountants and auditors was $77,250 in May 2021.” However, individuals with accounting certificates often earn salaries above the median due to their specialized knowledge and skills. Your salary potential will vary depending on location, industry, work experience and the level of education you choose to obtain.
For example, in 2023, Labor analytics firm Lightcast reported the median average salary for those with a certificate in accounting in New England as $52.6K per year. That said, students who complete UMass Lowell's online certificate in accounting can anticipate higher median earnings because they will already possess bachelor's degrees in a different discipline. Lightcast reports that accountants in New England who obtain a Masters in Accounting double the salary of certificate holders, with median earnings of $101.8K per year.