Median Earnings (1yr)
$51,425
40th percentile
Median Debt
$26,975
8% above national median

Analysis

University of Memphis accounting graduates start below national averages but carry relatively manageable debt, creating a workable if unspectacular financial picture. Starting at $51,425 puts graduates in the 40th percentile both nationally and among Tennessee programsβ€”essentially landing them in the middle of the pack. However, the $26,975 in median debt sits below the national average, resulting in a debt-to-earnings ratio of just 0.52, meaning graduates owe roughly half their first year's salary.

The 9% earnings growth to $56,139 by year four suggests steady career progression, though graduates never quite catch up to stronger state programs like Tennessee State or UT-Knoxville. What's notable is that Memphis manages to deliver typical accounting outcomes while serving a student population where 40% receive Pell grants and the 93% admission rate indicates accessibility for a wide range of students. You're not paying premium prices or carrying excessive debt for these results.

For families seeking an affordable path to a stable accounting career in Tennessee, this program delivers predictable returns without financial strain. The debt load is manageable enough that graduates can handle their payments on entry-level salaries, even if they're not at the top of the earnings distribution. Just understand you're buying solid middle-of-the-road outcomes, not premium placement.

Where University of Memphis Stands

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

Earnings Distribution

How University of Memphis graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Memphis$51,425$56,139+9%
The University of Tennessee-Knoxville$53,197$71,799+35%
Lee University$53,577$70,035+31%
Middle Tennessee State University$51,963$59,969+15%
The University of Tennessee-Martin$48,101$57,062+19%

Compare to Similar Programs in Tennessee

Accounting bachelors's programs at peer institutions in Tennessee (28 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of MemphisMemphis$10,344$51,425$56,139$26,9750.52
Tennessee State UniversityNashville$8,568$53,620$50,033$29,2500.55
Lee UniversityCleveland$22,690$53,577$70,035$16,7500.31
The University of Tennessee-KnoxvilleKnoxville$13,484$53,197$71,799$22,0000.41
Strayer University-TennesseeMemphis$13,920$52,373$56,398$54,9891.05
Middle Tennessee State UniversityMurfreesboro$9,506$51,963$59,969$24,5530.47
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 University of Memphis, approximately 40% 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 148 graduates with reported earnings and 174 graduates with debt data. Small samples may not be representative.