Accounting Jobs that pay 6 figures out of college

Why do people keep telling me they know accountants that make 100k+ right out of college. Pretty sure that's not a thing. But it's not like you can call these guys out on their bull shit to their face.

Anyone have any data points?

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Comments (15)

Feb 10, 2019

Working at an accounting firm is not the same as "being an accountant."

In other words, I'm sure there are some people who went to target schools and work in advanced transaction advisory consulting or whatever at the Big 4 firms and clear 100k.

But if you're asking whether your average Big 4 audit associate coming out of a state school is making over $100k - almost definitely not.

Feb 10, 2019

That's not a thing. No one makes 100k starting in Big 4 out of undergrad in accounting. Auditors break 100k at the manager+ level.

Feb 10, 2019

I'm asking about literally any accounting job. Doesn't have to be big 4 (although I feel like they pay the highest?). I'm including accounting jobs at Apple and IBM etc

Fuckin my way thru nyc one chick at a time

Feb 10, 2019

Big 4 firms pay 55k base + 5k for passing the CPA + ~5% cost of living adjustment for bigger cities + 0-10k annual bonus. Given that most accounting professionals start off in Big 4 or at least a smaller CPA firm, I think you'd be hard-pressed to find someone making 100k+ out of college. That's not to say it's impossible... I'd love for someone to prove me wrong, but until then, I'm calling BS.

Feb 10, 2019

Nowhere. It doesn't happen.

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Feb 11, 2019

Unless you're (wrongly) bucketing financial analyst jobs as "accounting", it's not a thing. FAs at big tech companies in FP&A/other CorpFin departments can indeed break $100k+ total comp straight out of undergrad.

Feb 11, 2019

Maybe an SFA at a FAANG company in SF, otherwise never right out of school. Those companies run LDPs and their first year analysts may get close to 100 but never at or over it, it's all a fixed schedule.

Feb 11, 2019

It's very doable with total comp (base, %ofbase bonus, vesting RSUs per year).

Feb 10, 2019

Currently work at a Big 4 and have to say that $100k as a first year associate is far fetched. No chance that is possible straight out of college. Most wont clear $100k until 5 years at a firm.

The only way I can even imagine this is if someone went undergrad->Masters in Tax->Law school->Big 4 tax

Funniest
Feb 10, 2019

Accountant for the cartel maybe

Swinging Through

    • 5
Feb 10, 2019

Thanks for the insight. I guess these guys are just rounding their salary to the nearest hundred thousand

Fuckin my way thru nyc one chick at a time

    • 2
Feb 11, 2019

If you count Big 4 Corporate Finance as "accounting" then first year analysts clear 95-110k all in (glassdoor data). Still below streets tho.

Deloitte S&O and Strategy& probably clear 80-90k.

But again these are not "accounting" jobs.

Feb 11, 2019

lol my favorite on this forum is "yeah man I know pharma reps and people in software sales making 250k ez"

Feb 11, 2019

Because there's truth to that statement. It may take longer than finance but there's surely a fair amount of medical and software sales professionals earning a quarter.

Feb 11, 2019