Accounting Courses in the USA

One of the most sought-after degrees offered to international students in the US is in accounting. Many accounting programs are shown in the US, and many of them are well-known and reputable internationally. Bookkeeping, debits, credits, taxes, financial statements, etc., are all included in the accounting curriculum.

Ten top accounting universities in the United States are listed among the best Accounting and Finance institutions in the world in the QS Global Rankings 2022. Moreover, the median yearly pay for accounting experts is 77,250 (as of 2021). Continue reading to learn everything there is to know about accounting in the USA, including information about the best accounting colleges and programs.

Highlights of Accounting Courses in the USA

Students must finish 30-36 credits to earn an accounting degree in the USA. They are subdivided into electives and a thesis that must be well-researched.

Why Study Accounting Courses in the USA?

Here are some reasons why studying accounting in the US is becoming increasingly popular with international students:

• The percentage of students enrolled in higher accounting courses in the USA is roughly 5.5 percent.
• More than 80% of Americans understand English, communication is not a problem for overseas accounting students.
• In the six months following the completion of their degree, 87% of international alumni find a suitable job in the accounting field, according to WES data. 
• Ernst & Young, Deloitte, PwC, and KPMG have their main offices in the United States, making up the 'Big Four' accounting companies. These companies provide postgraduates in accounting with an initial salary of USD 85,000 (6,776,259 INR).

Best Universities for Accounting Courses in the USA 

This is a detailed list of the top accounting colleges and universities in the United States, along with information on their rankings, the accounting programs they provide, and the typical tuition costs:

University of Pennsylvania

Philadelphia, Pennsylvania is home to the private, Ivy League University of Pennsylvania. Penn offers students an unmatched education based on diversity, intellectual prowess, and research, with four bachelor's in accounting in the USA and 12 graduate schools. Accounting Information Systems, Financial Reporting and Services, Managerial, Forensic, Government Accounting, Control, Audit, Assurance, etc., are just a few of the accounting courses offered by Penn.

Columbia University

Columbia University is another well-known university in the United States for obtaining a Master of Science in Accounting degree. Students who complete this program on their way to earning a master's degree from this university may expect to make an average of 90,000 USD (71,86,950.00 INR) each year, with a 2.64 percent annual growth.

University of Texas, Austin

The University of Texas excels in numerous academic fields. One of the most well-known accounting schools in the US, the University of Texas at Austin McComb School of Business, offers a complete bachelor's, Ph.D., and master's program in personal accounting. Graduates from this institution can expect the highest-paying jobs because the accounting in USA jobs generates 150 billion USD in revenue. 

Northwestern University

Northwestern University is a private research institution based in Evanston, Illinois. You'll have plenty of opportunities to do independent research because of the large number of labs and substantial funds available. 

Level of Study of Accounting Courses in the USA

• Bachelors

Many accounting jobs demand at least a bachelor's degree. Normally, four years of study and 120 credits are needed for this program. But, a lot of online universities allow students to transfer up to 90 credits, which can cut the time it takes to graduate by up to three years. Graduates of this program are qualified to analyze financial rules, create financial reports, create tax returns, and audit a company's financial records. A significant portion of the requirements to become a CPA or other certified accountant can also be fulfilled by a bachelor's degree.

Cost accounting, federal taxation, corporate law, and financial statement analysis could all be included in a bachelor's program. Some universities provide an accelerated BS/MS in accounting, while others assist alumni in beginning their new employment.

• Masters

Between an entry-level position in the industry and a lifetime career as a CPA or other financial expert, a master's in accounting can fill the gap. Some colleges want GRE or GMAT scores from candidates, while others do not. Yet almost always, students need to demonstrate that they have the academic foundation necessary to succeed in coursework at the master's level. It lasts for one to two years and costs around $335 per credit.

A master's degree might offer classes in corporate law, management communication, and advanced financial reporting topics. A capstone is another common component of programs. Auditing, financial accounting, forensic accounting, and taxation are all possible specializations.

A master's degree in accounting may enable future accountants to sit for the CPA exam or gain advancement within their existing organization.

• Doctoral Level

In order to be considered for admission to doctoral programs, students frequently need to have an MBA or a master's degree in accounting. Additionally, prospective doctorate students often require excellent letters of recommendation, three or more years of relevant work experience, and acceptable GMAT or GRE scores.

The average Ph.D. program takes 4–7 years to complete, costs between $60,000–$80,000, and calls for 60 graduate credits. Research in accounting theory, empirical research design in accounting, financial accounting theory, and tax research and jurisprudence are just a few of the courses doctoral students take. Doctoral students frequently have to pass a thorough exam after completing their education and submit a dissertation or doctorate research.

Scholarships for Accounting Courses in the USA

Several well-known universities offer financial aid to international students who wish to study accounting in the United States. Check out some of the well-known scholarships below for Indian students studying in the United States: 

Career Opportunities after Accounting Courses in USA

For accounting in USA scope is very high. After completing an accounting degree in the USA, students have several options, including working at large multinational corporations or as professors in educational institutions. We have listed some popular job profiles with their yearly salary ranges: