$53,300: The Average Starting Salary for New Accounting Grads


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Accounting students who will graduate in 2013 will be the beneficiaries of an average starting salary that has increased by 7 percent over last year, according to the National Association of Colleges and Employers (NACE).

The average starting salary for accounting graduates this year is $53,300, up from $49,700 in 2012, Andrea Koncz, employment information manager for the NACE, told AccountingWEB. In 2011, the average starting salary for accounting graduates was $50,500.

This year's data is featured in the April 2013 NACE Salary Survey, which details actual starting salaries for new college graduates as reported by employers. According to the survey, the overall average starting salary for 2013 college graduates is $44,928, up 5.3 percent over the average starting salary for the class of 2012, which was $42,666.

"I think the overall starting salary is right on track with where we expected it to be," Koncz says. 

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I guess I am on the right Track

Right, and here I am with a $37k job.

Hey, Im in good company...dont feel quite as bad now...though I should still. Since I make less than $37k, and have an MBA.

Who says I didn't have a Master's degree in something other than Arts? ;)

Hey, atleast you have a decent job. You'll make more as time goes

35,500 Right here....

is that annual or monthly??? i dont have any idea eh

I have a bachelors in accounting and make 18000..,

Private sector blows for an accountant. If u wanna make money get a federal accounting position.

I thought I was low...$42,500/annually here without an accounting degree...and I thought I was bad...currently looking for a higher salary next month. Maybe I'll change my mind...lol

34k here.... 1.7 years on the job unfortunately.

Loler, maybe you suck at looking for good jobs

wow, thats less than the poverty line in nyc

yeah cuz my 6 month old should be pulling in at least another 30k, right? these averages are bogus corporate propaganda.

This seems to be on the money. Got a job in NYC with a big four accounting firm after graduating in 2012 with an MA/MBA in accounting from Adelphi. Starting salary 61K.

Right, because the "average" college grad is able to join the big 4. Pretty sure most people that join the big 4 right out of college has an average GPA of 4.0 with a 2 page resume. I'm pretty certain that you my friend aren't what people typically consider average college grad.

it is easier to get a job at a big four than a smaller firm. of all my accounting friends, most of them got jobs with big four firms, and none of them had 4.0's or two page resumes

Tons of people get jobs or at least paid internships starting out at the big 4. It's not that rare unless you live and went to school in some middle of nowhere city. If you went to a major school in a major city then you can easily get a big 4 job. Yes....easily.

I help hire for big 4. While you do need a fairly good GPA (over 3.3/3.4), the Big 4 look for well rounded individuals who work and/or are involved in school. I work in tax at the Big 4 and started at around 50k about 4.5 years ago. I'm about to leave because I got an offer for a position making 100k in industry. Big 4 really is the way to go if you are going to go accounting. It was a tough 4.5 years, but the experience just can't be beat.

I work in public accountant and only make about $25k and I even have my masters. I'm thinking it might be worth quitting to focus on studying for my CPA and then finding a new job but I'm still hesitant.

$34,000... after a year I got a rasie - $35,000 - whoohoo

I recommend applying to fed jobs. I make 65k after three years and have a union guaranteed max out salary of $120k. Or gs13

Where's a good place to look for fed jobs?

I got an offer from a large company, entry level finance position in Chicago for 50k a year.

I will graduate this May and start in June good grades.

Should I ask for more money? Or am I being paid fair enough.

America is the land of great opportunities. from a 3rd world tier and far more qualified and i make far less than even the 37k per year

Making $65k now, took me 4 years to make that though. Started at $38k

You have accounting degree or no? I have a Bachelor in Criminal Justice but have been working i the accounting dept for 4 years...$42,500 currently. Any chance you think I can make $65 without an accounting degree?

I make over $30K and I dont have my degree. Currently in school junior yr.

I've been an accountant at a firm for three years and I make $26,000 a year. That's including the nearly 300 hours of overtime I average each year. I'm happy to have a job, but I do wish I had chose a different path in college.

There is absolutely nothing wrong with accounting. The issue seems to be either your location is terrible or simply you work for a terrible company/firm.

Bachelor done 1 1/2 year in a firm 32 000k pass all my CPA cga exam missing a few month for title. People are struggle to find a job.. A lot of my friends are only missing internship and do something else or bookkeeping. Why are the number soo off it create false expectation for new grad. Maybe wage are lower in montréal.

Wow, it sounds like most of you guys and girls make almost nothing in the accounting industry. No idea what you do, but I just finished my undergrad and got an internship at a mid-level firm in a mid-sized city making the equivalent of 42k a year, but way more than that since it was hourly working 65 hours a week. Looking at an offer of 50k plus after I finish grad school.

making 50k starting out in public accounting in st louis

I am making 30 000 k in Montréal. I have 1 year and 1/2 experience with a BAA and the CGA program and exam successfully completed AU2 PA1 PA2. I work in a accounting firm doing financial statement and taxes in Montréal. You can t really compare wage in the State to Montréal.. for some reason the wage are really low here. Last week 2 people left the accountant field and 1 told us he was going to work on construction.
I also have a lot of friend who can t find job for there internship. I find myself lucky to have a internship but I and starting to wander if it is really worth it.
I study to be financially independent and I am struggling to survive since I work in accounting. I agree these site create false expectation and are bad. Just like financial statement we base our education choice on information we get.
I am French sorry for the bad spelling..

If you don't work in public accounting, working towards your CPA license, the you probably won't see this salary. So your degrees and work experience mean nothing to anybody that knows what they are talking about. Sorry bookkeepers, but you don't get that salary!

Located in Iowa, 8 years at regional firm and make $80,000 and great benefits

Really?? Where?? My husband has an Accounting B.S., with minors in Computer Information System and Spanish, and has an M.B.A. all from a top liberal arts college. He cashiers at a liquor store for $9.00 a hour part time.

Yep, these guys always up the salary figures. There's big money in getting you to go to college. The universities make huge profits, and the fact that the government has an 80% recoup on your student loan debt (,much higher than any credit card company) well, they stand to make big bucks.
I have an MBA. I was told that I'd make 90k a year. No one that I graduated with makes that kind of money. Most of us got 40,000 dollar jobs right out of school, and many of us have been laid off, re-hired, laid off, and re-hired again. When you add up the ups and downs of the economy and the lay-offs, I'll bet most of my MBA fellow students have averaged 40-50k a year for the last ten years. Is that worth 100k in student loan debt and 7 years of school? I think not.

Took 6 years working with a public accounting business in Kansas City to make 46k..

I just started my 3rd year in public accounting and make 41,500 plus bonuses with a BS in Finance and no CPA. I can increase that quite a bit if I ever get my CPA. I also live in a place where my total housing costs less than $600/mo for my own place. If you can stand not having a life for a few years, find a small town firm in the middle of nowhere. You'll be able to pay down student loans, build up your bank account and learn a lot more than you ever expected.