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Old 4th November 2015, 09:34 AM
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Default Average Starting Salary MBA CPA

Hi I would like to know what would be average starting salary of accountant with either an MBA or CPA as well as ans accountant with both MBA and CPA?
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Old 4th November 2015, 10:17 AM
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Default Re: Average Starting Salary MBA CPA

Firstly as per the U.S. Bureau of Labor Statistics (BLS), the job scenarios for accountants are favourable. This scenario is especially true for those accountants with certifications and licenses.

The prospective starting salary for an accountant varies widely. The starting salary depend on various factor such as the area of accounting, company size, public and corporate accounting. A fresh accountant going to work in the tax department at a large public accounting firm can expect to earn between $49,000 and $59,750 per year

The Starting salary of a CPA is almost 10% higher than an accountant. Becker, a leading institute in CPA exam preparation, explains that a starting salary at a big public accounting firm is $67,375 for a CPA vs. $61,250 for a non-CPA.

Accountants have a very few different options when taking into account a master’s degree program. Accountants holding a master’s degree normally earn a starting salary of 10 percent higher than those colleagues without one, similar to the effect of having a CPA license.

A CPA with an MBA tends to earn more than accountants with just one of those. The average salary for an accountant with a CPA and an MBA is $87,525 (across all levels of experience). The average salary for a CPA or MBA only is $84,051 and $77,754 respectively.
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