Accounting Courses in the USA

Table of Contents

1. Highlights
2. Top Colleges/Universities
3. Eligibility Criteria
4. Application Process
5. Scholarships for Accounting Courses in the USA
6. Career Opportunities for Accounting Courses in the USA
7. Frequently Asked Questions

The USA is one of the top countries in the world for education and has the highest-ranked universities. The USA is known for its world-class education system and is considered one of the most expensive countries for international students. Even after students return to their home countries, obtaining a degree from the USA is highly valued.

Accounting is among the most popular degrees for international students in the USA. According to the US Bureau of Labor Statistics, employment of accountants is expected to grow by 4% from $78,000 in 2022 to $114,939 by 2032. The median pay for an accountant is $79,880 annually.

Highlights

• Career Options: After completing an accounting course in the USA, you can opt to be an Accountant, Financial Manager, Financial Examiner or Payroll Clerk. There are also opportunities in Public, Government and Corporate organisations.
• High-Quality Education: The USA has many top universities known for their Accounting courses. The University of Texas at Austin, the University of Pennsylvania, the University of Illinois Urbana-Champaign, New York University, University of Southern California are some of the top universities offering accounting courses.
• Cultural & Personal Growth: The USA is the third-largest country in the world, with residents from all over the globe. As a result, students can get exposure to various cultures and improve their cross-communication abilities. Independence, flexibility, and problem-solving capabilities are developed when living and studying abroad, which is a valuable tool for personal growth.

Top Colleges for Accounting Courses in the USA

Name	Tuition Fee
University of Texas at Austin	(MPA) $69,942
University of Illinois Urbana-Champaign	(MAS) $41,902
University of Southern California	(MAcc) $63,468
New York University	(MSA) $62,250

University of Texas at Austin

University of Texas at Austin ranks among the top 40 best universities in the world. The university serves over 52,000 diverse students and top programs across 19 colleges and schools. The university has 156 UG programs, 139 PG programs and 98 doctoral programs.

The McCombs School of Business of the University of Texas at Austin offers a 1-year Master in Professional Accounting (MPA) program. A student with a bachelor’s degree is eligible to apply for the MPA program. The estimated tuition cost for the same is as follows:

Semester	Tuition Fee
Summer 2024	$10,236
Fall 2024	$21,798
Spring 2025	$20,491
Summer 2025	$17,417
Total	$69,942

University of Illinois Urbana-Champaign

University of Illinois Urbana-Champaign was ranked 12th public university and 35th national university by U.S. News & World Report rankings. Founded in 1867, the university has 56,000+ students from 100+ countries. Over 100 graduate and professional programs and over 150 UG programs are offered by the University.

The Gies College of Business of the University of Illinois Urbana-Champaign offers four-year Bachelor’s and nine-month Master’s degrees in Accountancy. A UG degree in accounting is required to apply for a Master’s program. The estimated fee for the Master’s program is as follows:

Particulars	Fee
Tuition	$41,902
Campus Fees	$5,394
Subtotals	$47,296

University of Southern California

The University of Southern California (USC) was ranked 22nd by Wall Street Journal / College Pulse Rankings 2024 and Top 5 in all Public and Private Institutions in California. USC is home to more than 47,000 students with students from 130+ countries.

USC Marshall School of Business offers Bachelor’s and Master’s degree programs in Accounting. The estimate of the Cost of Attendance for the Master of Accounting program is as follows:

Summer Term Fall / Spring
Tuition	$63,468
USC Central Services and Health Fees	$1,258
MAcc/MBT Program Fee	$650
Books/Supplies	$1,200
Total Living Expenses	$4,300
Total Cost	$17,341
Fall / Spring
Tuition	$63,468
USC Central Services and Health Fees	$1,258
MAcc/MBT Program Fee	$650
Books/Supplies	$1,200
Total Living Expenses	$17,436
Total Cost	$84,012

New York University

New York University (NYU) is one of the most popular universities in the USA. NYU is ranked 43rd by QS World University Ranking by 2025. In 2022-23, NYU had 24,496 International Students.

NYU Stern of New York University offers a Bachelor’s and a Master’s degree in Accounting. A four-year Bachelor’s degree is required to be eligible for a Master’s degree. The fee for an MS in Accounting is as follows:

Particulars	Fees
Tuition	$62,250
Orientation Fee	$500
Food & Housing	$29,344
Books & Supplies	$1,500
Transportation	$1,154
Miscellaneous	$4,500
Health Insurance	$4,068
Loan Fees	$216
Total	$103,532

Eligibility Criteria for Accounting Courses in the USA

The eligibility criteria for accounting courses in the USA are as follows:

• For UG Degree: Candidates must have a high school diploma or equivalent for a Bachelor’s degree
• For PG Degree: Candidate must have a Bachelor’s degree or equivalent

Documents required for applying to Accounting Courses in USA are as follows:

Academic Transcripts	English Proficiency Test
Copy of Passport	Letters of Recommendation
Statement of Purpose	Resume / CV
Standardized Tests (if applicable)	Financial Documents

Application Process for Accounting Courses in the USA

After you have narrowed down your specialization and university, you need to apply for the program. The USA accepts applications in 3 intakes; Fall, Spring and Summer.

The application process is as follows:

• Complete and submit the online application before the deadline by filling out the necessary details.
• Meet the minimum requirements as mentioned like CGPA / Percentage, Language test scores (TOEFL, IELTS) and Standardized Tests (if applicable)
• Draft your SOP without any AI Tool.
• Pay the application fee and submit your application.

Scholarships for Accounting Courses in the USA

Scholarships	Details
Fulbright-Nehru Master’s Fellowships	For Students Enrolling in Master’s or PhD programs; it pays for Living Expenses, Airfare, Tuition, and Accident and Illness Insurance in accordance with US regulations.
Robert S. McNamara Fellowships Program	For PhD Students

Career Opportunities for Accounting Courses in USA

Accounting Courses in the USA are among the most popular degrees for international students. The average salary for accounting graduates is $65,500 per year or $31.52 per hour. The details are tabulated below:

Program	Average Salary
Accountant	$65,000
Finance Manager	$112,472
Financial Examiner	$48,991
Payroll Clerk	$39,976

Frequently Asked Questions

What are the Career Opportunities after Completing an Accounting Degree in the USA?

Staff Accountant, Internal Auditor, Financial Analyst, Public Accountant, Management Accountant, and Government Accountant are some of the career opportunities after completing an accounting degree in the USA.

Are there any Financial Aid options available for Accounting Students?

Some financial aid options for accounting students are scholarships, grant loans, student loans, and work-study programs.

What are the eligibility criteria for getting admission to Accounting Courses in the USA?

Typically, candidates must have a high school diploma or equivalent for a Bachelor’s degree. While for a Master’s degree, a candidate must have a Bachelor’s degree or equivalent.

What Topics are covered in Accounting Courses in the USA?

The topics that are covered in Accounting Courses in the USA are as follows:

Accounting Systems and Services	Accounting Techniques and Software
Accounting Theory	Auditing
Financial Accounting	Introductory Topics in Business
IT Skills	Macro- and Microeconomics
Management Accounting	Quantitative and Mathematical Methods
Statistical	Taxation

Can International Students study accounting in the USA?

Yes, international students can study accounting courses in the USA. Candidates must fulfill the required eligibility criteria for the same.