Analysis
Metropolitan State's accounting graduates earn slightly above the national average but notably trail other Minnesota programs—ranking in just the 40th percentile statewide despite Minnesota being a strong market for accountants. While starting salaries around $54,000 aren't terrible, they're roughly $12,000 behind what nearby competitors like the University of Minnesota or St. Thomas deliver, a meaningful gap when the same CPA license awaits graduates from any accredited program.
The program's strength lies in accessibility rather than outcomes. With a 96% acceptance rate and 44% of students on Pell grants, Metropolitan State serves students who might not have other options. The debt load of $33,000 sits above both state and national medians, though the debt-to-earnings ratio of 0.61 remains manageable for an accounting career. Earnings do grow 11% by year four, suggesting graduates establish themselves reasonably well once they clear the entry-level hurdle.
For families with limited budgets, this represents a functional path to a stable profession, but not necessarily the best return available in Minnesota. If your child can gain admission to Minnesota's flagship or even Augsburg, the $10,000+ salary difference would compound significantly over a career. Metropolitan State makes sense primarily for students who need the open access or are juggling work and school—situations where the convenience matters more than maximizing starting salary.
Where Metropolitan State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Earnings Distribution
How Metropolitan State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Metropolitan State University | $54,137 | $59,850 | +11% |
| University of Minnesota-Twin Cities | $66,591 | $80,603 | +21% |
| Saint Johns University | $61,135 | $74,757 | +22% |
| Gustavus Adolphus College | $64,094 | $73,508 | +15% |
| University of St Thomas | $65,573 | $70,313 | +7% |
Compare to Similar Programs in Minnesota
Accounting bachelors's programs at peer institutions in Minnesota (31 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,780 | $54,137 | $59,850 | $32,828 | 0.61 | |
| $16,488 | $66,591 | $80,603 | $22,342 | 0.34 | |
| $42,930 | $65,587 | — | — | — | |
| $52,284 | $65,573 | $70,313 | $25,000 | 0.38 | |
| $43,942 | $64,695 | $69,716 | $26,996 | 0.42 | |
| $53,884 | $64,410 | $66,880 | $26,925 | 0.42 | |
| National Median | — | $53,694 | — | $25,000 | 0.47 |
Career Paths
Occupations commonly associated with accounting graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Financial and Investment Analysts
Financial Risk Specialists
Financial Examiners
Budget Analysts
Business Teachers, Postsecondary
Accountants and Auditors
Tax Examiners and Collectors, and Revenue Agents
Bookkeeping, Accounting, and Auditing Clerks
Payroll and Timekeeping Clerks
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 Metropolitan State University, approximately 44% 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.
Sample Size: Based on 146 graduates with reported earnings and 146 graduates with debt data. Small samples may not be representative.