Curious about the average starting salary for accountants? In this guide, we’ll go over all you need to know about the accountancy job market. That way, you can find the right accounting school without having to worry about job prospects when you’re done with school.
Average starting salaries for new accountants depend on whether you’re looking at entry-level positions or an experienced accounting job. Entry level jobs generally pay much less than a more experienced candidate.
Average starting salary for accountants
One thing to note about the average starting salary for accountants: if you wish to be considered one, you must be willing to work in a field office, not in an office building. Accountants are required to travel among various companies and conduct auditing work where they can.…
There are numerous factors to consider when beginning a career as an accountant, including salary, employment outlook, education requirements, job duties and the amount of job competition that you face. Keep in mind though that there is a lot of variability within the profession; some accountants earn as little as $25,000 per year, but others earn several times that amount. Those seeking an entry-level position or wanting to change careers should note that the average starting salary for accountants is around $67,300.
Accountants without a college degree can expect to make around $22,000 a year, while accountants with an associates degree should expect to make around $31,000 a year. Those with a bachelors degree in accounting should also expect to make around $31,000 if they work in the United States. It is possible then, to earn some very respectable wages as an accountant without going on to complete higher education. To read more about average accountant salaries visit this link: http://www.bls.gov/ooh/accountants-and-auditors/home.htm
While it may look like accountants are faring well when comparing their salaries to others who are also college graduates, there is a difference. Accountants average $19.28 an hour while the average hourly income of all college graduates is $25.89. There are more professionals earning over $100,000 per year with a Masters of Accounting degree than there are those with a bachelor’s in accounting, but these high-earners more than make up for the loss with extra pay and better job benefits and perks.
This position requires a greater level of financial and analytical skills than many other positions in marketing. Accountants need to pay close attention to detail, as one error or omission could be significant. Because of this responsibility, accountants are often valued for having an eye for detail, an interest in numbers and working with a sense of urgency—qualities that lend themselves well to marketing work.
