Accountant Salary (1 Viewer)

[BoredAzn]

Does anyone know the starting salary of a commerce graduate (accountant or banker)? how much will it rise as time goes? Also how do i get into investment banking?

Thanks

 

[Drifting95]

lol such a general question. Go through this if you want to get some answers http://www.mergersandinquisitions.com/

 

[seremify007]

Does anyone know the starting salary of a commerce graduate (accountant or banker)? how much will it rise as time goes? Also how do i get into investment banking?

Thanks

Accounting grads can range from $40k up to $70k depending on where you work and what the role is. I think most big 4 would be in the low $50's whereas if you joined an accounting function in a bank where there are (presumably) less promotional/progression prospects, the starting salary would be closer to $65k. Keep in mind that the total remuneration package (or whatever they call it) is inclusive of both monetary and non-monetary benefits, as well as the other qualitative stuff such as training, promotional prospects, CA studies, flexible work practices, etc.

 

[crazy_paki123]

cant u get a job in accounting during your commerce/accounting degree?

 

[seremify007]

cant u get a job in accounting during your commerce/accounting degree?

I think the Op was asking for graduate roles rather than cadets, internships or other casual/part time employment.

 

[Chronost]

Does anyone know the starting salary of a commerce graduate (accountant or banker)? how much will it rise as time goes? Also how do i get into investment banking?

Thanks

You're looking at around 100-140k with bonuses included for an investment banking salary.(lower as a commercial banker). Bonuses are where it counts. Base is around 90-100k, plus around 30%(?) bonus for a fresh grad.Salaries+bonuses depends on the firm, although there similar.

 

[RealCamz]

Investment banking is so hard to get into though. Getting your CGA, CMA or CA will definitely help you. I know most CMA's make at least 60k, and sometimes a lot more.

 

[Omnipotence]

Bulge Bracket - 110k w/ bonus
Boutique - 90k w/ bonus

 

[108796]

Bulge Bracket - 110k w/ bonus
Boutique - 90k w/ bonus

sell.

 

[seremify007]

Investment banking is so hard to get into though. Getting your CGA, CMA or CA will definitely help you. I know most CMA's make at least 60k, and sometimes a lot more.

$60k is what I made long before I was qualified and I'm an accountant. (it's also not too far off grad salary in a lot of places)