Salary Expectations for MSc in Accounting and Finance 12 months Graduates
Are you a recent graduate with a Master's degree in Accounting and Finance? Are you wondering what salary you can expect to earn in your first year after graduation? Look no further! We have compiled some important statistics to give you an idea of the salary expectations for MSc in Accounting and Finance graduates with 12 months of work experience.
According to a recent survey conducted by the National Association of Colleges and Employers (NACE), the average starting salary for MSc in Accounting and Finance graduates with 12 months of work experience is $60,000 per year. However, this number can vary depending on factors such as location, company size, and industry.
Here is a table showing the average starting salaries for MSc in Accounting and Finance graduates with 12 months of work experience in different industries:
| Industry | Average Starting Salary |
|---|---|
| Public Accounting | $65,000 |
| Financial Services | $70,000 |
| Corporate Accounting | $55,000 |
| Government/Nonprofit | $50,000 |
As you can see, the industry you choose to work in can have a significant impact on your salary as an MSc in Accounting and Finance graduate. It's important to research the average salaries in your desired industry to ensure you are being fairly compensated for your skills and experience.
Keep in mind that these numbers are just averages and individual salaries can vary based on a variety of factors. It's always a good idea to negotiate your salary and benefits with potential employers to ensure you are getting the best possible compensation package.
Overall, MSc in Accounting and Finance graduates with 12 months of work experience can expect to earn a competitive salary in a variety of industries. With the right skills and experience, you can build a successful and lucrative career in the field of accounting and finance.