Accounting Degrees in Mississippi
Mississippi is home to nearly 3 million Mississipians, 396 licensed CPA firms and Momentum Mississippi – a statewide, public–private partnership dedicated to the development of economic and employment opportunities in Mississippi. The partnership’s primary goal is to increase the state’s per capita income and the number of available jobs. Although Mississippi has one of the lowest per capita incomes – $33,073 – it also has the lowest cost of living.
While the total state product in 2010 was on the lower end of the national scale at $98 billion, Mississippi’s economy is growing due to the efforts of Momentum Mississippi and several major automobile factories, entertainment and gambling centers and agriculture. Two of the “Big Four” international CPA firms also have offices located in Mississippi – KPMG in Jackson and Deloitte in Hattiesburg. Job opportunities for CPAs will be increasing by almost 10% over the next seven years.
Mississippi at a glance
|Per Capita Income||$33,073|
|Fortune 500 Companies|
|Licensed CPA Firms||396|
Accounting Programs in Mississippi
Search our comprehensive school directory to explore the accounting programs in Mississippi, including campus-based, online and hybrid programs.
- Degree Levels
Accounting Salaries and Employment
Mississippian accountants and auditors can look forward to a 9.6% percent rise in employment between 2012 and 2022, leading to approximately 5,580 potential employment opportunities. While this growth rate is somewhat slower than national averages, job opportunities are available in growing regional firms such as Horne, which produced $67.37 million in revenue last year.
Top-paying cities for accountants in Mississippi include Pascagoula, Jackson, Gulfport-Biloxi and Hattiesburg. Mississippi’s accountants typically earn between $34,030 and $86,990 annually.
Projected Job Growth for Accountants
Accounting Salaries by Specialty
Associate Degree Recommended
Bookkeeping and Auditing Clerks
Bachelor's Degree Recommended
Tax Examiners and Collectors
Master's Degree Recommended
Accountants and Auditors
Personal Financial Advisors
Top-paying cities for accountants
- Pascagoula, MS$59,350
- Gulfport-Biloxi, MS$57,240
- Jackson, MS$55,350
- Hattiesburg, MS$53,170
Major firms headquartered in Mississippi
|Count||Firm||Location||2014 Revenue (in millions)|
Accounting Today named these firms among the highest performing in a multi-state region. Rankings as based upon reported net revenues from 2014. Source: Accounting today "Top 100 Firms"
Becoming a certified public accountant (CPA) in Mississippi
The CPA Exam in the state of Mississippi is administered by the State Board of Accountancy. Those interested in sitting for the exam must fulfill the requirements listed below. The exam is comprised of four sections, all of which must be passed within an 18 month long period, however, it is common for students to retake individual sections of the exam until a passing score is acquired.
The list of Mississippi schools ranked by their CPA Pass Rates from 2014 below includes both first-time test-takers as well as those retaking the whole exam or portions of it. Mississippi endorses the transfer of credits to or from another State Board, as well as reciprocal licensure.
Eligibility for CPA Licensure in Mississippi
Eligibility for CPA licensure in Mississippi is contingent upon the following qualifications:
- Candidates must be a resident of the state (even if tested by another jurisdiction)
- Be of good moral character
- Hold a baccalaureate degree (including 150 hours)
- Complete 24 graduate level semester hours in accounting
- Complete 1 year of experience in accounting and/or auditing, not including academia
|Social Security # Requirement||Yes|
|Education Requirement for Licensure||150 hours (including B.A.)|
|Participates in International Programs||No|
|Hours in Accounting||24 semester hours or equivalent quarter hours in upper level or graduate level accounting (3 hours each must be in financial accounting, auditing, taxation, management/cost accounting and government/not-for-profit accounting)|
|Exam Sitting Requirements||150 hours (must complete education requirement prior to sitting for exam)|
|Experience Requirements||1 year general experience of accounting and auditing skills, excluding academia.|
Applicants must make the application for licensure within 5 years of passing the CPA exam.Source: The American Institute of CPAs
CPA exam fees in Mississippi
- Application Fee $150
- Auditing & Attestation $192
- Financial Accounting & Reporting $192
- Regulation $172
- Business Environment & Concepts $172
Special Fees: A reexamination fee applies in addition to the application fee, and varies depending on the number of sections an individual is taking. The reexamination fee for all four sections is $135, for three sections is $115, for two sections is $95, for one section is $75. The transfer credit fee is $50.
Schools Ranked by CPA Pass Rates, 2014
|Rank||Logo||School Name||Candidates||Pass Rate||Average Score|
|1||University of Mississippi||205||58.6%||74.9|
|2||Mississippi State University||141||49.6%||72.2|
|3||University of Southern Mississippi||100||44.3%||70.5|
|6||Delta State University||17||36.1%||66.6|
|8||William Carey University||8||35.7%||68.6|
|9||Mississippi University for Women||7||31.3%||72.2|
|10||Jackson State University||35||9.7%||59|
Schools are ranked by pass rate unless otherwise noted. Results are comprised of scores from both first-time test takers and those returning to take the whole exam or specific sections of it again. Source: National State Boards of Accountancy
Certifying and Professional Organizations
The Mississippi State Board of Public Accountancy oversees the certification of CPAs and CPA firms in order to protect the financial consumers of the state. The Board is responsible for any necessary disciplinary actions, provides continuing education opportunities and administers the state CPA Exam. After passing the exam and receiving certification, CPAs may join the
Mississippi Society of CPAs, which offers its members state advocacy, continuing education, information, leadership, networking and resources.
Mississippi State Board of Public Accountancy
5 Old River Place Suite 104
Jackson, MS 39202