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September 18, 2007
Magazine Ranks 50 'Best Places to Launch a Career'

Three accounting firms top BusinessWeek's second annual ranking of the "Best Places to Launch a Career."

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Deloitte & Touche moved from third in last year's list to first in this year's list, followed by PricewaterhouseCoopers and Ernst & Young. BusinessWeek said the accounting firms did well because the Sarbanes-Oxley Act and other new accounting rules have greatly increased the demand for accountants.

Average starting pay at those three firms is $50,000 to $55,000, according to the magazine. Of the top 50 companies on the list, Microsoft had the highest average starting pay at $70,000 and above.

For the ranking, BusinessWeek surveyed three groups:

  • Career services directors at U.S. colleges
  • The employers the directors identify as the best for new graduates, asking about hiring, pay, benefits, and training programs
  • College students.

Two service organizations appear on the list, including one in the top 10: Teach for America (10) and Peace Corps (23). Teach for America was the only organization in the top 10 where average pay was less than $50,000.

BusinessWeek's "Best Places to Launch a Career" ranking is in the September 24, 2007 issue, which is on newsstands now.

50 Best Places to Launch a Career

  1. Deloitte & Touche
  2. PricewaterhouseCoopers
  3. Ernst & Young
  4. IBM
  5. Google
  6. Microsoft
  7. Walt Disney
  8. Accenture
  9. Lockheed Martin
  10. Teach for America
  11. KPMG
  12. General Electric
  13. Goldman Sachs
  14. Boeing
  15. Abbott Labs
  16. Merrill Lynch
  17. JPMorgan Chase
  18. BP America
  19. U.S. State Department.
  20. General Mills
  21. Hyatt
  22. Capital One
  23. Peace Corps
  24. Johnson & Johnson
  25. Macy's
  26. Enterprise Rent-A-Car
  27. Northrop Grumman
  28. Raytheon
  29. Exelon
  30. Prudential
  31. Lehman Brothers
  32. Eli Lilly
  33. Vanguard
  34. UPS
  35. L'Oreal USA
  36. Harrah's Entertainment
  37. Travelers
  38. Verizon
  39. Chubb
  40. Intel
  41. Wells Fargo
  42. UBS
  43. Philip Morris
  44. St. Jude Medical
  45. Marriott International
  46. Sprint
  47. New York Life Insurance
  48. Kohl's
  49. Merck
  50. CIA
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