Accounting Major for International Students in the U.S.: Real Job Prospects and Salary Insights + 2023 U.S. News Accounting Rankings

发布时间：Date: 2023-03-24 返回新鲜资讯Back to News

This article by CheersYou（清柚教育） provides a detailed interpretation of the application requirements and core learning content for a Master’s in Accounting in the U.S. The American accounting education system is well-developed, with coursework covering financial statement analysis, auditing, and other core areas. Applicants are typically expected to have a business background or prerequisite courses in mathematics, economics, and accounting, helping prospective students clarify admission thresholds and learning directions in advance.

Addressing the employment and school selection concerns most relevant to international students, CheersYou（清柚教育） delivers an in-depth analysis of the bright job outlook and attractive salaries for accounting graduates in the U.S. Opportunities are plentiful in public accounting firms, corporate finance, and more, with an average entry-level salary of about $57,000 per year. The article also includes the 2023 U.S. News top accounting school rankings, featuring institutions like the University of Texas at Austin and the University of Pennsylvania, providing authoritative school selection references and career planning guidance for families pursuing study abroad.

As the first country in the world to offer master's degree programs in accounting, the United States has developed a highly comprehensive accounting education system. What prospects do international students have when studying accounting in the U.S.? What pathways exist for finding employment and what are the salary expectations? Below, we analyze and summarize this information, and also provide the 2023 U.S. News Top 20 accounting master's programs.

Introduction to Accounting Programs in the U.S.

There are many different names for a master's degree in accounting in the U.S., but the actual content of study is quite similar, including:

·Master of Science in Accounting

·Master of Accountancy

·Master of Accounting Science

·Master of Professional Accounting

The core curriculum of a Master’s in Accounting includes financial statement analysis, managerial accounting, financial analysis, auditing, and more. Many schools offer electives and concentrations in different branches, such as auditing and taxation.

When applying for a Master’s in Accounting in the U.S., most schools have restrictions on academic background, typically requiring a business-related undergraduate major. Of course, schools without background restrictions will also have prerequisite course requirements.

Mathematics and Economics: Including calculus, statistics, economics, finance, quantitative methods, etc.

Accounting: Including intermediate accounting, cost accounting, accounting information systems, principles of accounting, financial accounting, managerial accounting, tax law, etc.

Accounting Career Directions and Salaries in the U.S.

The practicality of accounting is strong, and the overall employment situation in the U.S. is very clear. After all, accounting is a field that many Americans are not naturally inclined toward, so there is a relative abundance of job vacancies and opportunities in this area.

1. Joining a Public Accounting Firm: Work in a public accounting firm generally falls into three directions: Auditing, Tax, and Financial Advisory.

2. Traditional Corporate Finance Roles: Including bookkeeping, financial reporting, etc.

3. Internal Audit: Internal audit is an independent department outside of corporate finance, serving as part of the company's risk control management, primarily responsible for auditing internal processes and financial compliance.

4. Corporate Tax: Handling internal corporate taxation, especially with higher demands in multinational corporations.

Accounting Salary Levels in the U.S.:

According to Indeed, the average salary for an accountant in the U.S. is $57,000 per year, and this is just the entry-level salary.

Latest Accounting Graduate Program Rankings (2023 U.S. News)

U.S. News Accounting Master's Program Rank #1: University of Texas at Austin

U.S. News Accounting Master's Program Rank #2: University of Pennsylvania

U.S. News Accounting Master's Program Rank #3: University of Illinois Urbana-Champaign

U.S. News Accounting Master's Program Rank #4: Brigham Young University

U.S. News Accounting Master's Program Rank #5: University of Michigan–Ann Arbor

U.S. News Accounting Master's Program Rank #6: Stanford University

U.S. News Accounting Master's Program Rank #7: University of Chicago

U.S. News Accounting Master's Program Rank #7: University of Southern California

U.S. News Accounting Master's Program Rank #9: New York University

U.S. News Accounting Master's Program Rank #10: Indiana University Bloomington

U.S. News Accounting Master's Program Rank #11: University of North Carolina at Chapel Hill

U.S. News Accounting Master's Program Rank #12: University of Notre Dame

U.S. News Accounting Master's Program Rank #11: Indiana University Bloomington

U.S. News Accounting Master's Program Rank #12: Arizona State University

U.S. News Accounting Master's Program Rank #13: Gonzaga University

U.S. News Accounting Master's Program Rank #13: Ohio State University

U.S. News Accounting Master's Program Rank #15: Seattle University

U.S. News Accounting Master's Program Rank #16: Columbia University

U.S. News Accounting Master's Program Rank #16: Loyola Marymount College

U.S. News Accounting Master's Program Rank #18: Northwestern University

U.S. News Accounting Master's Program Rank #19: Marquette University

U.S. News Accounting Master's Program Rank #19: University of California, Berkeley

U.S. News Accounting Master's Program Rank #21: Fairfield University

Therefore, for those aiming to work locally in the U.S., an accounting master's program is highly recommended.

Below are some accounting offers from top American universities.

If you are interested in studying accounting in the U.S. or applying to graduate school, feel free to scan the QR code below to start a one-on-one consultation immediately.