Which accounting jobs pay 6 figures salaries in short time.

my goal is to earn 6 figure salary, im trying to step into accounting field, but not sure if in what "specific" field i should go into.

anyone light up this place, thanks!

 

Speaking generally, no accounting job will pay you 6 figures right out of undergrad. In the field of accounting, however, you definitely can clear 100k after several years.

If you're looking to be well compensated in accounting, you should be looking to get into large regional or national firms, such as the Big 4, Grant Thornton, etc. Once you have passed your CPA and worked for ~2 years, you can either stay in public accounting, or move to industry. With either path, you will make 100k eventually if you are okay at your work.

 

You won't make six figures in accounting straight out of undergrad, but it's definitely possible to get there in a relatively short period of time if you're a top performer and get additional education like CPA/MBA/CMA.

I have several contacts who work in accounting at F500's and made it to six figures after 6 years in the field. It isn't easy but it is attainable, and if you make it to the director/VP levels you're clearing around $200k+. This is a small percentage of the total accounting population but the possibility is there.

 
Best Response
Industry84:

You won't make six figures in accounting straight out of undergrad, but it's definitely possible to get there in a relatively short period of time if you're a top performer and get additional education like CPA/MBA/CMA.

I have several contacts who work in accounting at F500's and made it to six figures after 6 years in the field. It isn't easy but it is attainable, and if you make it to the director/VP levels you're clearing around $200k+. This is a small percentage of the total accounting population but the possibility is there.

This is good advice. Basically stay in public long enough to get placed as a senior analyst / accountant in industry. Then carry over the same work ethic to your industry job. Three three years in industry and you will be pushing the $100k boundary (may be required to switch companies at this point). This may be sped up if the chips fall in your favor, etc.

 

Voluptatibus quo occaecati molestiae et a et. Sunt quasi debitis ea enim autem minima. Exercitationem beatae saepe vitae sed consequatur. Assumenda ut et ut et. Aut sint aut totam eum esse quod odit.

Eos fuga dicta quas voluptas non ut. Quis recusandae voluptatem necessitatibus reiciendis et. Quis ea temporibus cumque nihil recusandae quia est. Tempore et tempora enim cum quos eveniet ex quia.

"Everybody needs money. That's why they call it money." - Mickey Bergman - Heist (2001)

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”