Median Earnings (1yr)
$54,833
54th percentile
40th percentile in Minnesota
Median Debt
$27,000
8% above national median

Analysis

Saint Mary's accounting graduates start below Minnesota's median for the fieldβ€”$54,833 versus $58,472 statewideβ€”which places them in just the 40th percentile among Minnesota programs. That's a notable gap when you consider the top accounting programs in the state launch graduates at $64,000-$66,000. The small sample size (under 30 graduates) means these figures could shift significantly year to year, but the pattern suggests this program struggles to compete with larger Minnesota institutions for starting salaries.

The debt picture offers some reassurance: $27,000 is nearly identical to the state median and creates a manageable 0.49 debt-to-earnings ratio. Graduates aren't overleveraged, and the 14% earnings bump to $62,214 by year four shows reasonable growth. However, even with that improvement, these accountants remain below what many of their peers earned right out of college at schools like St. Thomas or Bethel.

For families prioritizing accounting specifically and considering Minnesota schools, the numbers suggest looking elsewhere unless there are compelling non-financial reasons to choose Saint Mary's. The program's graduates can service their debt, but they're starting several thousand dollars behindβ€”a gap that compounds over a career. With Minnesota offering 31 accounting programs and several delivering substantially stronger outcomes, this shouldn't be your default choice based solely on financial returns.

Where Saint Mary's University of Minnesota Stands

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

Earnings Distribution

How Saint Mary's University of Minnesota graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Saint Mary's University of Minnesota$54,833$62,214+13%
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Saint Mary's University of MinnesotaWinona$43,160$54,833$62,214$27,0000.49
University of Minnesota-Twin CitiesMinneapolis$16,488$66,591$80,603$22,3420.34
Bethel UniversitySaint Paul$42,930$65,587β€”β€”β€”
University of St ThomasSaint Paul$52,284$65,573$70,313$25,0000.38
Augsburg UniversityMinneapolis$43,942$64,695$69,716$26,9960.42
College of Saint BenedictSaint Joseph$53,884$64,410$66,880$26,9250.42
National Medianβ€”$53,694β€”$25,0000.47

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 Saint Mary's University of Minnesota, approximately 22% 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 23 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.