Where to begin...when I started in account management, the company truly valued the hard work it's employees put in. Your effort was recognized and merit-based performance often led to promotions if you consistently exceeded your monthly goals. Yes - you USED to be able to make good money here, but now...it has become a matter of who your manager is and where your markets are that determine your financial success and longevity at this company.
The office conditions in many buildings on campus are very bad...some bordering on dangerous. There are two buildings on campus that I worked in were many co-workers all complained of sinus and breathing issues. You're sitting in dilapidated, stained chairs (usually broken) and your desk might be a door on it's side. The "cubicle" walls aren't even attached.
Turnover is extremely high so be prepared for that. Unfortunately, I've seen so many quality employees get fired or leave the company altogether because they had a bad month or two or they were just miserable from the stress and working conditions.
For someone straight out of college, it is possible to do well here, but it definitely can be an uphill battle. Some managers definitely play favorites and promotions are often more based on who you know versus merit. Many accounts will tell you how frustrated they are by constantly getting a new account manager or rep every couple of months. Therefore this can tend to lead to a lack of confidence from the customers' perspective in both the product (advertising) and the company. Overall - this is a place to get a job - a stepping stone if you can hack it...but I wouldn't recommend a career here - at least not in sales.
