Starting salary for an accountant with a bachelor’s degree: A study published in office linked some of these differences to the “leakage” of qualified applicants into other occupations and jobs that do not require the same level of education. Accounting is one of the few professions where the overall share of jobs requiring college degrees increased from 1980 to 2005, as more jobs were generated from new business and government sectors.
According to the Bureau of Labor Statistics, the median annual wage for accountants and auditors was $69,280 in 2016.
This means that half of accountants and auditors earned more than $69,280 and half earned less.
The lowest 10% earned less than $41,380 and the top 10% earned more than $117,760.
Starting salary for an accountant with a bachelor’s degree
Introduction
For many students, one of the biggest draws of going to college is getting a good job after they graduate. In fact, it’s the main reason that most people attend college in the first place! If you’re considering becoming an accountant, read on to find out what the median salary is for an entry-level accountant with a bachelor’s degree.
Average starting salaries tend to be less than $30,000.
You might be surprised to learn that the average starting salary for an accountant with a bachelor’s degree is less than $30,000. The U.S. Bureau of Labor Statistics reports this figure for 2017 to be just shy of $28,000 per year—a number that includes both full-time positions and part-timers who work less than 35 hours per week.
The low average reflects the fact that many new grads inevitably take entry-level jobs in their fields and accept positions with relatively little responsibility or pay. In other words, there’s no shame in taking a job like this if it means you have some experience under your belt before moving on to something better suited to your skillset (and/or higher paying!).
If you have a CPA certificate, you can expect a higher salary.
If you have a CPA certificate, it’s likely that you can expect to earn more than your peers. A Certified Public Accountant (CPA) is a licensed individual who works in accounting and auditing. The CPA designation is one of the most respected professional certifications in the world and most employers will require CPAs for certain roles within their companies.
The benefits of having this certification include:
- Showing your commitment to your career – Earning the CPA designation shows that you’re dedicated to your career and are willing to put forth the effort needed to achieve this certification. This can help differentiate yourself from other candidates when applying for jobs or promotions within an organization.
- Stands out from crowd – Many organizations require CPAs because they believe it increases their chances at success and helps maintain high standards within their company culture; however should these organizations not specifically request a CPA, having one may still be beneficial if they want someone with expertise in accounting practices who understand how things work behind-the-scenes rather than just “doing what they’re told” since someone without formal training could not possibly know how everything works unless there was no documentation available explaining basic concepts like “taxes” which consist mainly of complex calculations requiring advanced knowledge beyond simple math skills such as algebraic equations involving multiple variables where even seemingly insignificant factors such as rounding errors could potentially cause major problems down line if left unchecked during calculations which could result in overpaying taxes without knowing why until after filing deadline has passed while underpaying would mean paying penalty fees if discovered later
If you have a master’s degree in accounting, you can expect a higher starting salary.
The difference in salary between a bachelor’s degree and a master’s degree is very significant. In fact, when you combine your bachelor’s degree with your master’s, you can expect to make as much as 40% more than someone who only has a bachelor’s.
If you want to maximize your chances of getting the highest paid jobs in accounting, consider earning both degrees. A master’s will give you an edge on experienced workers applying for entry-level positions and help advance your career later on by increasing your job responsibilities and duties at higher levels. Plus, if any time off is needed for family or other commitments—such as caring for aging parents—it won’t come at the cost of losing out on valuable income opportunities because there are many opportunities available throughout one’s career path that require only high school diplomas or associate degrees but not necessarily college degrees (or even postgraduate ones!).
The exact starting salary for an accountant depends on factors such as the type of company, geographic location and responsibilities.
The exact starting salary for an accountant depends on factors such as the type of company and geographic location. The median starting salary for accountants with a bachelor’s degree was $48,000 in 2016, according to the National Association of Colleges and Employers (NACE). Accountants with four years of experience can expect to earn between $60,000 and$65,000.
Accountant salaries vary based on several factors, including:
- Industry
- Location
- Experience
Learn what factors affect the starting salary for an accountant with a bachelor’s degree.
The starting salary for an accountant with a bachelor’s degree will depend on a variety of factors, including:
- The type of job.
- The location.
- The company.
- Experience in the field.
- Educational background, including degrees or certificates earned. Certifications from professional organizations like the American Institute of Certified Public Accountants (AICPA) can also help to boost your starting salary as they show previous training and experience in your field that meet certain standards of knowledge and competence.
Personality traits such as confidence, work ethic, leadership skills, self-motivation, communication skills are also important aspects to consider when determining your value on the job market and should be taken into consideration when applying for positions or making career decisions about where you want to work next year or at any point throughout your career path
Conclusion
If you have an interest in accounting, and you enjoy working with numbers, then this may be the career for you. You will need to have a bachelor’s degree in accounting or finance, but there are many schools that offer these courses online so it will be easy to get started. If you are interested in learning more about becoming an accountant, click here! We hope that we answered your question on how much do accountants make with a bachelor’s degree?
