ANOTHER REASON IT'S HARD TO FIND STAFF ...
PHILADELPHIA - Among 47 industries, MBA candidates ranked accounting as the lowest-paying field in a recent survey.
According to the poll of 5,000 current MBA students, they expected that the average starting salary for MBAs working in auditing, accounting and taxation was about $64,000. Five years after graduation, the MBA candidates expected accounting-related work to pay just over $111,000.
Those figures were the lowest among the industries covered by the survey, finishing far behind the next-lowest-paying sector, academic research. MBA candidates in that field expected to earn a little less than $78,000 the year after they graduate, and more than $132,000 after five years.
The survey also found that management consulting remains the favorite initial destination for those pursuing MBA degrees, although Google Inc. did knock McKinsey & Co. out of the top slot this year.
Universum Communications conducted the survey for Fortune magazine.
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