Median Earnings (1yr)
$68,909
95th percentile
60th percentile in Wisconsin
Median Debt
$21,294
15% below national median

Analysis

UW-Madison's accounting program ranks among the nation's elite—95th percentile nationally—but achieves something more impressive: it delivers those top-tier earnings with 15% less debt than the typical accounting graduate. Starting at nearly $69,000 and climbing to $79,000 by year four, graduates substantially outpace both national and Wisconsin medians. Within Wisconsin, only Marquette produces slightly higher earners, yet Madison graduates carry roughly $4,500 less debt.

The 0.31 debt-to-earnings ratio means graduates owe just over three months' salary, making this one of the more manageable debt loads in accounting education. That $21,000 debt figure sits well below the state median of nearly $26,000, giving graduates meaningful financial breathing room early in their careers. The steady 15% earnings growth shows the degree opens doors to progressively better opportunities.

The caveat: this data comes from fewer than 30 graduates, so individual outcomes may vary more widely than at programs with larger samples. Still, the underlying fundamentals are strong—Madison's reputation in Wisconsin business circles, combined with solid technical training, creates clear pathways into quality accounting positions. For an in-state student, the combination of Big Ten prestige, below-average debt, and earnings that rank among Wisconsin's best makes this a standout choice.

Where University of Wisconsin-Madison Stands

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

Earnings Distribution

How University of Wisconsin-Madison 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 Wisconsin-Madison$68,909$78,931+15%
Marquette University$67,665$80,539+19%
Carthage College$61,887$70,257+14%
University of Wisconsin-La Crosse$62,450$68,207+9%
Carroll University$61,110$68,175+12%

Compare to Similar Programs in Wisconsin

Accounting bachelors's programs at peer institutions in Wisconsin (31 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Wisconsin-MadisonMadison$11,205$68,909$78,931$21,2940.31
Marquette UniversityMilwaukee$48,700$67,665$80,539$25,0000.37
University of Wisconsin-La CrosseLa Crosse$9,651$62,450$68,207$23,2640.37
University of Wisconsin-WhitewaterWhitewater$8,250$61,926$67,874$21,5000.35
Carthage CollegeKenosha$36,500$61,887$70,257$27,0000.44
University of Wisconsin-Eau ClaireEau Claire$9,277$61,379$67,125$23,0720.38
National Median$53,694$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 Wisconsin-Madison, approximately 15% 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 27 graduates with reported earnings and 80 graduates with debt data. Small samples may not be representative.