Best Accounting Schools in the US has emerged as one of the most popular and versatile subjects for international students studying in the US. One of the primary reasons for this is that the United States is home to some of the top accounting schools in the world. International students have a variety of regions and schools to choose from when seeking the best accounting programs.
However, accounting is one of the business world’s most underappreciated jobs. It is what keeps millions of corporations running worldwide and also what ensures you and your family get paid fairly. So, if you’re reading this article on the best accounting schools, I commend you for your interest in this undervalued skill of keeping our numbers straight!
In this article, I’ve done the heavy lifting for you by scouring university ranking sites and individual college websites so you can enjoy a carefree journey through the best accounting schools. I’ll keep it snappy and concise with an overview of features unique to each accounting program and a description of campus culture.
By the end of this article, you’ll have an overview of the eighteen best accounting schools and the academic and student life opportunities available in all of them!
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Finding the Right School
The top accounting schools are scattered throughout the United States and are not concentrated in any specific geographic location. Generally, students should explore the business programs of different universities, as these departments usually house the accounting programs and provide the best education in the field. The Accounting degree is typically a standalone degree, meaning it is wholly focused on accounting rather than business or finance. International students will find that admissions to these colleges are rigorous and highly competitive, but with hard work, the opportunity to attend will be worth the effort.
The Rankings
Some of the best resources for international students deciding which school to study at come from the US News School Rankings, which annually ranks the best schools for Accounting based on several different qualities. Many of the top programs are housed in some of the most prestigious and well-known universities in the nation.
University of Texas at Austin
The top-ranked program on the list is the University of Texas, located in Austin, Texas. UT, as it is commonly known, is renowned for having an incredible accounting program. The program is housed in the McCombs School of Business. The school offers both graduate and undergraduate programs and provides a variety of different concentrations and courses.
University of Pennsylvania
Another highly ranked top school for Accounting is the University of Pennsylvania, located in Philadelphia, Pennsylvania. The accounting department here is located within the Wharton School of Business, which is seen by many as the best business school in the entire world. Penn’s program is very interdisciplinary, covering subjects including mathematics, finance, statistics, and auditing. Penn boasts one of the best accounting faculties in the nation, a major advantage for interested international students. The school’s accounting and business programs garner strong international and national attention for their excellence in education and have one of the largest business departments of any university in the United States.
University of Illinois-Urbana Champaign
The University of Illinois-Urbana Champaign is becoming known for having some of the best business-related programs in the world, with its graduate degree in Accounting considered one of the top 2. The school is quite large but only accepts about 200 graduate students a year for their accounting program.
University of Chicago
The University of Chicago, a private university located in the massive business city of Chicago, is another top school. UChicago produces some of the top students in accounting practicing all over the nation and world and has an internationally recognized faculty. In addition, UChicago has a great reputation for accepting international students from around the globe.
Opportunities for International Students
The schools listed above have some of the best accounting programs in the world. While admission standards can be very competitive at these top-notch schools, these programs are excellent at opening their doors to international students and affording them the opportunity to study at their top-ranked programs. International students are not just limited to the previous schools listed. There are hundreds of schools throughout the United States that offer great accounting departments which also frequently enroll international students.
Depending on where an international student wants to live and study, there are several highly regarded accounting programs somewhat close. Regardless of the school that an international student chooses, they will find that the accounting programs and education in the United States are unlike any other. After all, international students choose to study abroad for the excellence in education, and they will surely find this by studying at a top school in accounting within the United States.
Choosing a Great Accounting School
The accounting program you select can have a big impact on your future. That’s why we developed our collection of Best Schools for Accounting rankings. For our Best Overall Accounting School rankings, we roll up the results of our degree-level rankings, weighted by the number of degrees awarded at that level.
To find the schools that are the best fit for you, you may want to filter to one of the degree levels below:
- Associate Degrees in Accounting
- Bachelor’s Degrees in Accounting
- Master’s Degrees in Accounting
- Doctor’s Degrees in Accounting
The accounting school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of the Best Accounting Schools. If you’d like to restrict your choices to just one part of the country, you can filter this list by location.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matter most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
If you want to learn more about how we derive our rankings, see College Factual’s Methodology.
Best Schools for Accounting in the United States
The schools below may not offer all types of accounting degrees, so you may want to filter by degree level first. However, they are great for the degree levels they do offer. Only those schools that rank in the top 20% of all the schools we analyze get awarded with a place on this list.
Accounting vs Business Administration
Accounting and business administration are distinct fields within business studies. Accounting focuses on accuracy and compliance in financial reporting. It provides essential data for financial decision-making, and many accounting degrees often incorporate decision-making or risk-management terminology into their program names. The math involved in an accounting program also makes it a bachelor of science as opposed to a bachelor of arts.
Business administration, however, encompasses a broader scope, including management, marketing, operations, and strategic planning. Business administrators oversee organizational activities, develop strategies, and manage resources to achieve business objectives. Most business administration degrees are bachelor’s of arts.
While accounting ensures financial integrity, business administration optimizes overall business performance, making both fields complementary and crucial to an organization’s success.
If you’re interested in any type of business administration or financial management, these business scholarships are for you!
Schools With the Best Accounting Programs
The following ten liberal arts universities all excel in preparing their graduates to land lucrative careers with the highest-paying corporate firms following graduation. As renowned business schools, all of them will set you well on your way to obtaining Certified Public Accountant (CPA) licensure through the CPA exam so that you can start changing the world, one financial record at a time.
Top Best Accounting Schools in the US
The United States is home to some of the world’s top accounting schools that offer rigorous academic training, practical skills, and networking opportunities crucial for success in the accounting field. Here, we explore the best accounting schools in the US based on academic reputation, faculty expertise, resources, and alumni success.
1. University of Illinois Urbana-Champaign
With a legacy in accounting education, the University of Illinois offers a highly esteemed accounting program with specialization in financial reporting, assurance, and analytics.
2. University of Texas at Austin (McCombs School of Business)
The McCombs School is recognized for producing skilled graduates who excel in accounting and finance roles. Its program emphasizes real-world applications and research, preparing students for leadership in the field.
3. University of Southern California (Marshall School of Business)
Renowned for its accounting curriculum, USC’s Marshall School offers a blend of theory and practical experience, with strong ties to the financial sector in Los Angeles and beyond.
4. Brigham Young University (Marriott School of Business)
Known for its focus on ethics and comprehensive accounting training, BYU’s Marriott School is a top choice, especially for students looking to pursue certified public accounting (CPA).
Best Accounting Schools in the World
International students seeking prestigious global accounting programs will find that several schools outside the US also provide exemplary accounting education. Here are some of the top accounting schools worldwide:
1. London School of Economics and Political Science (LSE), UK
LSE’s accounting program has a strong international reputation, providing in-depth courses in financial accounting, corporate finance, and economic policy.
2. University of Melbourne, Australia
As one of Australia’s top universities, the University of Melbourne offers an accounting program that prepares students for global finance and accounting roles with a focus on international business.
3. INSEAD, France and Singapore
INSEAD offers a unique global perspective on accounting and finance, with campuses in Europe and Asia, and is widely respected for its leadership in business and accounting education.
Best Colleges for Accounting and Finance
The fields of accounting and finance are interwoven, and students often benefit from programs that cover both areas comprehensively. Here are some colleges that excel in both accounting and finance:
1. University of Pennsylvania (Wharton School)
Wharton offers a highly regarded accounting and finance curriculum that combines rigorous theoretical knowledge with hands-on experience in investment and financial management.
2. Massachusetts Institute of Technology (MIT Sloan School of Management)
MIT’s Sloan School provides a data-driven approach to finance and accounting, preparing students for roles in financial analysis, auditing, and risk management.
3. New York University (Stern School of Business)
Located in the financial heart of New York, NYU Stern’s program in accounting and finance is well-aligned with industry trends, featuring opportunities for internships with top accounting firms.
Best Colleges for Accounting in New York
New York is a top destination for students pursuing accounting and finance degrees due to its proximity to financial institutions, large corporations, and accounting firms.
1. Baruch College (City University of New York)
Baruch College is renowned for providing quality accounting education at an affordable price, making it an excellent choice for students pursuing a career in accounting within New York City.
2. Fordham University
Fordham University offers a strong accounting program, emphasizing ethics and real-world experience through its connections with New York’s finance sector.
3. Cornell University
Cornell’s business school offers a highly-rated accounting program with access to unique resources and opportunities to intern at prestigious firms.
Best Undergraduate Accounting Programs
An undergraduate degree in accounting is the first step towards a successful career in the field, and the US boasts several excellent options:
1. Indiana University (Kelley School of Business)
Indiana’s Kelley School provides a strong accounting program that prepares students for CPA exams and offers career support through networking events and alumni connections.
2. University of Florida (Warrington College of Business)
The University of Florida’s accounting program is designed to prepare students for both accounting and finance roles, offering hands-on experience in tax preparation and auditing.
3. Michigan State University (Broad College of Business)
Michigan State’s undergraduate accounting program is known for its emphasis on business ethics, financial accounting, and strong career support for aspiring CPAs.
Best Accounting Schools in Texas
Texas is home to several top-ranking accounting programs that prepare students for careers in auditing, taxation, and finance:
1. Texas A&M University (Mays Business School)
The Mays Business School at Texas A&M offers a comprehensive accounting program with a focus on both theoretical knowledge and practical application.
2. Baylor University
Baylor University’s accounting program is known for its ethical training and strong placement rates in the accounting industry, making it a great choice for students interested in accounting careers in Texas.
3. University of Houston
The University of Houston’s accounting program is celebrated for its faculty expertise and curriculum that prepares students for Texas’s diverse financial landscape.
Conclusion:
In summary, students aspiring to excel in accounting have many exceptional schools to choose from, whether in the US or abroad. The best accounting programs provide robust training, practical experience, and valuable industry connections that pave the way for successful careers in public accounting, corporate finance, or academia. When selecting a program, students should consider factors such as location, alumni success, and available resources to ensure they receive the best possible education.
Read More: Best Accounting Schools in the US
FAQs:
What is the top accounting school in the US?
The University of Texas at Austin and the University of Illinois Urbana-Champaign are often top-rated for accounting.
What qualifications are required to get into top accounting schools?
A strong academic record, high SAT/ACT scores, and a demonstrated interest in accounting are common requirements.
How long does it take to complete an undergraduate accounting degree?
Typically, a bachelor’s degree in accounting takes four years.
Do accounting schools offer internships?
Yes, most top schools have internship programs with major accounting firms.
Are scholarships available for accounting students?
Many top schools offer scholarships and financial aid for accounting students.
What is the average starting salary for accounting graduates?
Starting salaries vary but generally range from $55,000 to $70,000.
Can international students study accounting in the US?
Yes, many US schools welcome international students in their accounting programs.
Which accounting schools are best for CPA preparation?
Schools like BYU, UT Austin, and UIUC have strong CPA pass rates.
What is the focus of accounting degree programs?
Programs generally cover financial reporting, auditing, tax, and managerial accounting.
Is a master’s degree necessary for a career in accounting?
Not necessarily, but a master’s degree can provide advanced knowledge and increase job prospects.
How do accounting schools in New York rank?
Schools like Baruch College and NYU Stern are highly ranked in New York.
What career opportunities are available with an accounting degree?
Careers include CPA, auditor, tax advisor, and financial analyst.
What’s the difference between accounting and finance programs?
Accounting focuses on financial reporting and compliance, while finance emphasizes investments and financial management.
Are online accounting programs available?
Yes, many top schools now offer online accounting degrees.
What accreditation should I look for in an accounting school?
Look for programs accredited by AACSB or other reputable bodies.
How can I choose the best accounting school for me?
Consider location, program strength, faculty expertise, and industry connections.
What are the requirements to become a CPA?
A bachelor’s degree, additional coursework, and passing the CPA exam are required.
Do accounting schools offer study-abroad opportunities?
Some programs offer study-abroad options for accounting students.
Are there specializations within accounting programs?
Many schools offer specializations in auditing, taxation, forensic accounting, and managerial accounting.
Is work experience required for admission into top accounting schools?
For undergraduate programs, work experience is not usually required, but it may enhance applications for master’s programs.