<p>management and marketing are the worst majors in business due to the low salary</p>
<p>^according to GoBlue’s link Marketing majors make a median 51 K starting salary. lol. THAT is why i dont trust statistics like that. Too few people report & it skews the numbers. Clearly, there will be some students in every major that get good paying jobs, but those numbers definitely skew high. </p>
<p>Also it was always my understanding that, in general, corporate accountants, get paid much less than public accountants for an entry level position.</p>
<p>I guess then that management is the worst</p>
<p>People need to remember that there’s a distinction between a CPA and non CPA. John Smith from a no name school without a CPA will likely only start at 30-40k and won’t have much upward mobility. Someone who gets hired by the Big Four on track to earn their CPA will usually start in the 55-60k range. After a few years in public accounting they can make the switch to Corporate and be closing in on 6 figures and a possible CFO position. From there the skys the limit.</p>
<p>@whatdidyou
The website has the response rate. Something like 97%.</p>
<p>^ really? I see 4.1% of BBA grads who went into acctg responded. But, I’m probably looking in the wrong spot anyways. </p>
<p>Also, what does “function” mean? Does it mean major, or the job function of new hires?</p>
<p>Ross is a pretty well known/respected business school, correct?</p>
<p>OK, you really need to learn how to read a table. </p>
<p>The % of responded states the # of all students who are represented in that category. So Accounting is 4.1% of all reporting Ross undergrads (about 12-13 people). If you add all the different categories up, you get 100%. Somewhere else it says the non-response rate for full time employment, I think its something like 2% because we are incentivized to complete the survey. Multiplying that 4.1% times the response rate will give you the % of the total Ross class who chose to enter into accounting. </p>
<p>If you download the pdf, it will give the the exact number of respondents per each category. </p>
<p>Function means the function of the new hires. </p>
<p>Ross is the 4th ranked undergrad business program in the country according to both US News and Business Week as of 2010, and was Number 1 program according to the 2010 Wall Street Journal recruiter rankings.</p>
<p>i wasnt taught how to read a table in school. lol. i was taught to distrust statistics in school. like i said below, i don’t think the numbers that website gives are accurate enough when you consider all acctg majors who did not get jobs in their desired industry because a) they did not report or b) they got jobs in different “functions” (secretaries, retail…etc). </p>
<p>Im still not convinced and no, i do not feel like downloading and reading thru a pdf. </p>
<p>Did you just say that only 12-13 acctg undergrads responded? That doesnt seem like a very large sample and probably is made up of students who got the best jobs. What is your incentive (just curious)? </p>
<p>Since Ross is pretty well known for its acctg/business program, I also think its safe to assume the employment numbers are better than alot of schools. But your also probably paying quite a bit more in tuition.</p>
<p>What about the affect of getting an MBA a few years after graduation? Wouldn’t this make landing a good salary (40-55k) a few years after college closer to a sure thing?</p>
<p>I would wait 3-5 years to get your MBA. The average number of years of work experience for MBAs admitted into top programs is increasing, so people who used to get in with 2 years experience, now need like 4 or more years. Also remember that if you are rejected, most places won’t let you fill out a new application. Instead, you are allowed to write one supplemental essay on what’s changed and reattach your previous application. So, I would caution against going for the MBA too early. If you are able to get into a top 10 MBA, you can expect somewhere between 100-130K starting salary depending on your industry, geographical region, and function. </p>
<p>If you do finance or accounting in undergrad (even from a school that’s not in the top 100), you can make 40-55K starting out, and at the very least should be able to get there within a few years of graduation. From a top program in finance, expect 50-60K off the bat, and an increase to around 80K after 2-3 years, and be pushing 100K in around 5 years. </p>
<p>@Whatdidyou you seem to have made up your mind that you don’t believe statistics whatever the source and nothing I can do can convince you of their accuracy. The entire class is around 330 people, so 12 people is about 4% of that. We are incentivized to fill out the survey with access to some of Ross’s alumni resources, such as the Locale database, which is designed to help you network with other Ross grads working in your new city. Additionally, since we are divided into sections (5 sections of around 60 students), the section with the highest response rate gets food at one of the local bars, which when you buy your own drinks, basically turns into a party.<br>
While I know you will not believe these statistics no matter what I say, I can assure you and the other readers that they are accurate. If you download the pdf, you can even see the list of companies who hired the most employees and the number of employees they hired.</p>
<p>^lol, that may be true. I have a large distrust of statistics that dont clearly spell out how they came up with the numbers. But then again, when they do provide backup/disclosures on how they came up with the numbers, i am too lazy to read it. They should just put the important disclosures on the main page. </p>
<p>But whatever, I believe you. Even I’ve heard of Ross, and Im on the other side of the country, so I’m sure acctg grads there have great placement. </p>
<p>thats pretty cool, wish my school did that.</p>