What is the salary of a financial analyst or an accountant in Houston, Dallas, Austin, NYC, and/or San Antonio.
I wanted to know what was the salary of a financial analyst or accountant in one of these cities, the pros and cons of each city, and career, and pretty much everything else,
As you all can see I'm an example of whom the gaming community would call a "noob"
I am trying to get lots of answers with-in one post...
well thanks to all how contributed to this post!
So many variables... what is up with these type of questions.
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bout tree fiddy
$3.14159265
It's over 9000!!!!!
:)
Outside NYC ~45k
In NYC ~55k
Wrong
There are so many variables, and it depends on the firm and type of accounting. Accounting at a Big 4in NYC, you'll get like 60k. At a regional firm, it might be much less.
If you're doing accounting at a company in accounts payable, pay could be as low as 30k.
San Antonio tends to pay AWFUL, significantly below street
Avoid them if possible
http://www.bls.gov/oes/current/oes_tx.htm
Scroll down to the bottom to get the data for individual cities.
San Antonio should not be a part of this list. Unless you are forgoing salary for experience. Predominantly back office at that.
Sorry for the late reply, but here is a rundown of your questions. A first year analyst or accountant will probably bring in $40,000- $50,000 a year in all of those cities. The more you gain experience and credentials, the the salary will go up. Austin will be the most expensive of these cities, with San Antonio the cheapest COL. However, there is more to it than that.
San Antonio, while being a super cool city, does not have much of a financial or legal community. It is super small and hard to break into. It is a "who knows you" type of city. They also will most likely pay the least, but you might have a better work-life balance.
Austin has grown so fast in the last few years, it is insane. It is the most competitive of the large Texas cities and will pay the most. However, the COL in Austin is through the roof. Hopefully, you will be able to find a roommate and be happy not going out.
Houston is a metropolis with many major corporations headquartered in downtown. It has the biggest oil, legal, and financial markets in the United States. Houston has a low COL with a great restaurants, theaters, and people. Again, in a larger city, while there are more jobs, you have to be at the top of your classes to break into the big leagues. Hope you like the humidity.
Dallas is very image conscious. What type of car do you drive? What neighborhood do you live in? etc. Dallas is also the best of these cities for a financial career. It has a lot of suburbs and East Texas is beautiful area to live in. But, SMU and TCU have monopolies over most of the entry-level jobs.
In saying all of this: San Antonio- great work-life balance Austin- New York City lifestyle of Texas Houston- humidity Dallas- "Vogue" wannabes
You can start your career anywhere. Be a good worker, build relationships, grow, gain knowledge, and get as many credentials to your name as possible.
Hope that helps.
You think Houston has the largest financial market in the United States?
One of the biggest. Sorry, typo.
Would not move to San Antonio, especially if you're in your 20s. Atx is not the nyc lifestyle- I'd say more like SF with better nightlife.
$70-80K
I think some of the lower reported salaries on here reflect bookkeeping/accounting functions. If you’re just counting the beans, yeah you probably won’t be paid a lot.
FP&A will likely get more and then corporate finance more than FP&A. All of these roles could have the title of financial analyst. You’re going to get paid more for financial statement analysis and analyzing the financial statements to create models to make informed decisions.
In summary, if you’re just a bean counter, it’s going to be the low end and then corporate finance on the higher end. Corporate finance goes all the way up to the CFO, so there is potential to climb the ladder, especially if you’re in a financial development/leadership program from the beginning. If you’re super back office, you might be stuck there until post MBA.
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