| Topic Name: |
Starting salary for recend MST grad? |
| Message Name: |
Yes, the Experience |
| Date Posted: |
12/01/2007 |
| In Reply To: |
Accounter21, yes I do agree with your sentiment. Even after passing the CPA, the increase in salary (or just a one time bonus, depending where you work which I believe is still under 10K) is not enough I feel.
BTW, CPA is the 2nd hardest exam to pass in the US, right after the actuarial exam, you'd think they would provide you with a better compensation package than just a few thou.
I guess with time and "experience" we tend to become more valuable and then can hope to expect a higher salary.
Regardig your comment once again, I have friends, fresh out of their college diapers and getting fitted for their big boy real world underoos, finance majors, 60K Base, 20K signing bonus, plus OT etc...can expect to bank in 100K at the end of their 1st yr without breaking a sweat. Where's the justice? |
| Message: |
Yea I have been told again and again, do not get your hopes up about Big 4 salaries. "It's not the salary you are after, it is a resume that says Big 4 on it."
This does make sense. If the experience in public accounting at the Big 4 did not pay off, people would not be doing it. CPAs in corporate finance are not all created equal. Think about it, accounting graduates have two choices, go straight to industry or go into public accounting. Nevertheless, both of these two options allow you to get your CPA. But we both know very well that the CPA that has worked at a Big 4 firm learned a hell of a lot during those busy seasons (especially now that SOX has turned the busy season into 12 months).
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