Finance Questions

Posts Tagged ‘accounting’

Question: I f I declared bankruptcy, can I still get a job in financing or accounting?

I really like both these fields. I even like economics. Yikes, i know. Anywho, I was wondering if anyone has gone through something similar. I already have a BA in Business Admin. and was thinking of getting a Master's in Accounting, Finance or Economics but I don't know if I should waste my money on that or just go for another field altogether. What do you guys think?

Answer: You wil have a very hard time getting a position. Most employers will run the other way. Since they can't list this as a reason, they will cite reference problems. In some cases they will only run the credit to see how it comes back before they go further. Like it or not, credit is just as discriminatory as race or gender. Too bad most of the studies do not support their ignorance.

My friend was in a bad situation when her husband left her with two sick premature babies. Medical bills piled up. She was advised and really had no other choice- her employer caught wind and she was let go. She had excellent reviews and had just received a bonus for good work. Customers always asked for her, and she was dedicated. This was not a performance issue. Her employer even gave her a letter of recommendation; but state that due to her current financial situation it did not mesh with the services in Accounting And Finance that she was offering on behalf of the company.

She found a job after 18 months. It is in the Accounting field, but nowhere near what she was making before and is a lower job.....she is constantly taken advantage of and she was told that with credit as bad as hers she was luck that they liked her.

Do yourself a favor and either don't declare, or find a new line of work.

Anyone here who is telling you that it is not a problem is wrong; DEAD WRONG. I'm sure their answer would be different if they actually knew or lived in the situation.

Good Luck with your choice.

Careers - Accounting & Finance

Question: How much do entry-level accounting jobs pay?

I want to get into accounting. I already have a bachelor's degree in Business Finance. I've been in sales for five years and need to get out of this field. I want to get a master's degree in Accounting. How much can I expect to make starting out in a large city like Richmond, VA? Also, will any of these jobs pay for me to get my masters in accounting?

Answer: That first answer is a complete joke. With a masters in accountancy (MSA=30 credit hours,,,shorter than MBA) you should be able to find an entry level job for no less then 40k. If you go to a more established firm, 50k is min. My first job after my masters was for 52 plus bonus that brought me to a 60kplus yearly salary in my first yr.

You cant go wrong with accounting, just dont get sucked into some small mom and pop book keeping position unless it pays top dollar

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