Est. Earnings (1yr)
$62,202
Est. from CA median (26 programs)
Est. Median Debt
$24,969
Est. from CA median (17 programs)

Analysis

A $62,000 estimated starting salary puts this program roughly in line with California's accounting median, though well below what top private universities in the state actually report for their graduates. Since Claremont McKenna is highly selective (11% admission rate, 1514 average SAT), it's worth noting that peer institutions like Santa Clara and USC report outcomes in the $73,000-$78,000 range—roughly $10,000-$15,000 higher than what comparable California programs would suggest for CMC.

The estimated debt of roughly $25,000 creates a manageable 0.40 debt-to-earnings ratio, which translates to about four months of gross first-year income. That's reasonable by any measure. The real question is whether CMC's liberal arts approach to accounting—likely embedded in a broader economics or business program at a college without a traditional business school—delivers the same industry connections and recruiting access that dedicated accounting programs at Santa Clara or USC provide. The earnings gap between what similar California programs produce and what top-tier accounting schools actually report is substantial enough to matter.

For a family paying private college tuition at one of the nation's most selective institutions, you'd want clarity on actual placement outcomes before committing. The liberal arts premium CMC offers in other fields may not translate as directly to accounting careers, where technical preparation and firm recruiting relationships often drive starting salaries.

Where Claremont McKenna College Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Compare to Similar Programs in California

Accounting bachelors's programs at peer institutions in California (44 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Claremont McKenna CollegeClaremont$64,150$62,202*$24,969*
Santa Clara UniversitySanta Clara$59,241$78,417*$101,411$19,250*0.25
University of Southern CaliforniaLos Angeles$68,237$73,903*$90,072$16,500*0.22
California Lutheran UniversityThousand Oaks$50,670$72,696*$75,436$21,858*0.30
University of San FranciscoSan Francisco$58,222$72,588*$92,299$24,660*0.34
Menlo CollegeAtherton$51,070$71,067*$92,161$26,955*0.38
National Median$53,694*$25,000*0.47
* Estimated from similar programs

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Claremont McKenna College, approximately 19% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 26 similar programs in CA. Actual outcomes may vary.