If you plan to venture into business, you will find accounting to be a good major. Not only is an accounting degree popular, accounting is a profession that has low unemployment rates even in a recession. After all, there is still a need for accountants within the business to audit the company’s financials. Here are 12 most popular accounting schools in the United States you may want to consider.
Popular accounting schools
University of Pennsylvania
The University of Pennsylvania is one of the oldest universities in the United States and one of the eight Ivy League schools. The school’s accounting major is attributed to the Wharton School – the business school with the largest number of billionaires in the United States. If you study here, you can expand your contacts and get to know many of the best business talents from all over the world. Admission for University of Pennsylvania is very strict, with an admission rate of about 8.4%.
This major allows students to gain a deeper understanding of accounting-related theories, which opens up more career options if you plan to pursue an MBA or PhD after graduation. Additionally, Wharton accounting graduates have an employment rate of 90.9% and an average salary of $80,354.
University of Texas at Austin
The University of Texas at Austin is located in the most liveable city in the United States – Austin, Texas. The school’s McCombs School of Business is also one of the world’s leading business schools. The school’s undergraduate accounting program is considered to be one of the best programs in the country.
The overall acceptance rate at the University of Texas at Austin is not as high as some other universities, at about 12.8%. One of the strengths of the McCombs School of Business is its generosity in providing financial aid to students. About 45% of applicants will be able to receive financial aid, which is available through Pell Grants, student loans and scholarships. Therefore, the McCombs School of Business is not only one of the best accounting schools in the United States, but it is also one of the best-valued schools.
Class sizes at McComb are generally small, with a ratio of 30:1 student-teacher. A unique aspect of this school’s accounting major is that the training program can be customized according to students’ interests: students can obtain certificates in multiple majors. These certificates help students prepare for their future careers and provide a stepping stone for them to pursue their dream careers after graduation.
University of Virginia
The University of Virginia ranks 25th in the National University Rankings. The McIntyre School of Business at the University of Virginia is one of the top five business schools in the United States. Accounting students at the University of Virginia are required to take a comprehensive curriculum in the School of Business that exposes them to real-world business issues across a variety of industries.
McIntyre College provides accounting students with the opportunity to study abroad, helps students understand the economic status of different countries around the world, and improves students’ global vision. It is also one of the most popular schools among graduates in the United States. Living up to expectations, the employment rate for accounting students after graduating from the University of Virginia is as high as 98%!
The Olin School of Business at Washington University in St. Louis is considered the top accounting school in the Midwest. And since this business school accepts only 10% of applicants, this makes it even more sought-after than Harvard’s MBA program!
Accounting students at the University of Washington have the opportunity to study a number of different accounting courses, such as actuarial accounting and cost analysis and control, which prepares them for a career in accounting after graduation. The university’s students have a 97% employment rate 90 days after graduation, which means that most graduates have received offers even before they receive their degree certificates.
University of Michigan
The accounting program at the University of Michigan is ranked in the top 5 in the United States, and it provides a very unique accounting professional training program. Undergraduate students can earn an accounting degree in two ways. The first is pursuing a minor in actuarial mathematics at the College of Arts, Sciences and Letter. The second way is to pursue a business administration major in accounting at the Ross School of Business. The core courses and training requirements of these two programs enable students to choose the program that suits them according to their abilities and future career plans.
In addition, students can enter a number of research institutions and participate in a number of research projects, most of which focus on various aspects of the global economy.
University of Notre Dame
The University of Notre Dame is one of the best private universities in the United States. Both Forbes and Bloomberg Businessweek list the Mendoza School of Business at the University of Notre Dame as one of the top business schools in the United States, and its accounting major ranks among the top four in the United States. Accounting courses focus on teaching students critical thinking and improving their decision-making skills.
In addition, this is an institution that focuses on applying what students have learned. Accounting students can participate in the University of Notre Dame’s tax assistance program to gain practical experience by helping low-income families prepare for their taxes. The employment rate of graduates is as high as 93%.
New York University
NYU’s Stern School of Business is ranked the ninth best business school in the nation by Bloomberg Businessweek. With an acceptance rate of just 8%, the Stern School of Business has the lowest acceptance rate on the list (lower than Wharton’s 8.4%).
Get into NYU and the whole of New York is your campus! On this campus, you enjoy a rigorous academic style and the advantages of living in an American metropolis. At the same time, as an accounting major, you can come into contact with some large companies in the United States, including Wall Street, and more importantly, Stern has some of the best faculty resources in the world and four of their professors are Nobel Prize winners!
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