Starting Salary for 2014 Accounting Grads Is $52,900: Report

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The average starting salary for students graduating this year with a business major – including accounting – has declined slightly over the last year, according to the latest salary survey from the National Association of Colleges and Employers (NACE).

Students graduating in 2014 with a bachelor’s degree in accounting can expect an average starting salary of $52,900, which is down 0.8 percent from $53,300 in 2013, Andrea Koncz, NACE employment information manager, told AccountingWEB. However, the latest salary figure is still substantially higher than the 2012 average of $49,700.

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Jason Bramwell
Staff Writer
AccountingWEB
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By Kylie Cobbins
Jun 26th 2015 01:11

Salary ranges give you a good deal in terms of the scale of what you are getting into in your first job. But if you want to get a personal salary prediction based on your education, background and skills, you can try Salaryfairy.com

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By robert
Jun 26th 2015 01:11

As a former college instructor, it is my understanding that accounting majors do the best among all undergrad business majors. Maybe the MBA finance majors make more, but the undergrad accounting majors have skills they can put to use right away. Not so the marketing, IT, or management majors. But the undergrad accounting departments would do their students a big favor by teaching them some management or cost accounting along with the financial accounting.

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By Steve
Bryce Sanders
Jun 26th 2015 01:11

Do they really have the skills to produce right away? Not based on what I have seen with my new hires and based on conversations with other CPA firm owners. Based on these experiences alone, I think colleges are doing a horrible job preparing graduates to hit the ground running. It might take me 3 years of basic training to get my recent hire to pay for himself.

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By sheng
jlinick
Jun 26th 2015 01:11

Good sir, I would love to be hired by someone like you

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By Josh
Jun 26th 2015 01:11

How is not finding a job (or taking a job in an unrelated field) reported in this study? That would be important for potential students to understand in addition to starting salary of those finding jobs. I suspect accounting and engineering have great placement rates, but am less sure on the rest.

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By GA
Jun 26th 2015 01:11

About the survey: "Data contained in the report are reported by employers, represent accepted starting salaries (not salary offers)." This is highly misleading. I'm more interested to know what the avg. salary offers are rather than what employers think is acceptable. What is acceptable DOES NOT EQUAL what is offered most likely...

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By Dro
Jun 26th 2015 01:11

I make $65k and i only went to High School.

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