MBA Students Expect Low Accounting Pay
MBA students expect the lowest pay from the auditing, accounting and tax sector, according to a survey by Fortune magazine.
Five thousand MBA students said expect to be paid a base salary of $63,695 one year after graduation in the combined category of "auditing/accounting/taxation." After five years, the same students expect to earn $111,135.
The accounting sector received the lowest expectations of the 47 sectors surveyed. The next lowest expectation was academic research, at $77,859 one year after graduation and $132,282 after five years. The highest pay expected one year after graduation is in venture capital, at $107,919. After five years of graduation, the highest pay expected is in metals at $346,566.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.