You may want a future in the financial sector without knowing which field to major in; don't worry, the opportunities are endless!

For many students who enjoy calculations and working their brains, accounting seems to be the popular choice.

Accounting might get a bad rap by some who feel intimidated by the rigor of the subject. Still, graduates in this field are routinely regarded as some of the top-earning professionals in the country.

It is also a field that stays stable during periods of economic recession. No matter where you are, you will always have employment opportunities as companies are expected to audit their finances and file taxes annually.

If you want to make it big in this field, you must opt for a top-ranking accounting program from the best accounting schools.

However, picking the right school for your accounting degree can be a tough call. We're here to make it easier for you by reviewing the best schools for accounting in the country.

We have taken a holistic approach to compiling the best accounting schools, taking into account the faculty, accounting resources, study-abroad opportunities, post-graduate placement opportunities, and many other factors.

Keep in mind that the best programs offer students plenty of networking opportunities so that when they graduate, they don't have to struggle with finding jobs.

Additionally, the best business schools make sure to take a varied approach to their studies, ensuring students study arts and humanities alongside their primary responsibilities.

And lastly, every good school must offer students plenty of electives and extra-curricular activities for a diverse learning experience.

A set of tax papers and a pen lying on a table. Filing tax returns can be a hectic task for people, and that's why many choose to hire the services of someone with an accounting degree. If you want to get into this competitive field, do your research and attend a renowned institution
The best accounting professionals know how to avail tax concessions for their clients and maximize their tax returns while staying within the guidelines set by the IRS and federal authorities. (Source: Unsplash)
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University Of Pennsylvania

The University of Pennsylvania, more popularly known as UPenn, was founded in 1741 by one of the founding fathers Benjamin Franklin.

It's one of the oldest and most reputable universities in the country, and its accounting degree program is equally renowned. It routinely features among the top Ivy League colleges, with an acceptance rate of just 8.4%.

The accounting program falls under the reputable Wharton School of Business, which has the most billionaire alumni among all American Universities.

The alumni include renowned names like Elon Musk, Warren Buffett, and Donald Trump. This is one of the best colleges for candidates hoping to get their foot in the financial world.

Accounting students have access to an industry-leading faculty, with only the most renowned professors teaching them.

While the introductory courses may have a large student base, specialized classes are limited to just 20 students or less because of their goal-oriented and focused nature.

There are also plenty of research opportunities for students, both in accounting and actuarial science. These are resourceful if students wish to do a post-graduate degree, MBA, or Ph.D.

Even if students do not plan to study further, their chances of securing accounting jobs are unparalleled with a degree from the Wharton School of Business. Accounting students who graduate from here have a job placement rate of 90.9%.

The University Of Texas At Austin

The University of Texas at Austin was founded in 1833 and is considered a 'public Ivy,' which means that it offers an Ivy League education at the price of a public university experience.

The accounting program at its business school – the McCombs School – is highly renowned and routinely rated as one of the best in the country.

While UT Austin does not have extremely competitive acceptance rates compared to other universities, its business school is quite hard to get into, with acceptance rates of only 12.8%

The classes here are centered around smaller groups of students, with one course not having more than 30 enrollment spots.

Furthermore, the teaching staff boasts some of the most qualified accounting professors in the entire country.

An undergraduate accounting degree from UT Austin gives students the luxury of customizing their study plan, allowing them to earn certificates in seven specialties.

These certificates can certainly improve placement chances for students post-graduation, making them eligible for a high accounting salary right from the start.

The McCombs School is particularly attractive for its financial assistance programs, with around 45% of all applicants qualifying for financial aid through scholarships, grants, and loans.

These financial assistance programs are certainly the silver lining to an already revered university experience as one of the country's best accounting schools.

A laptop screen showing the financial analysis of a company's records. Online accounting resources and tools make the job of an accountant much easier; however, one still needs a degree in accounting to understand how to go about it
The best accounting schools introduce their students to digital accounting tools and software, keeping in line with the latest industry practices and methodologies. Coupled with experienced professors, these schools arm graduates for a successful future in accounting. (Source: Unsplash)

University of Virginia

The University of Virginia is located in Charlottesville. It ranks at the 25th number in the national ranking, and its business school, known as the McIntire School of Commerce, ranks 5th in the nation.

The accounting department has had its fair share of accomplishments, with an integrated curriculum that familiarizes students with the rigors of accounting in the industry.

It is also tailored to prepare graduates for real-world issues through practical lessons and the case-based experience of industry-leading professionals.

Throughout their time at the University of Virginia, students will get many opportunities to go abroad and experience accounting resources and conventions in countries like China, Australia, and Spain.

Furthermore, this international study opportunity raises their chances for working in multinational organizations.

Students who graduate from the University of Virginia's accounting program are widely reported to secure prestigious jobs, with the school boasting a 98% post-graduation placement rate.

Washington University, St. Louis

The Washington University, located in St Louis, Missouri, is among the best accounting schools in the country and the Midwest region.

With a limited acceptance rate of just about 10%, its accounting program is one of the most competitive among American universities, even beating Harvard by a few points!

Accounting students can branch off into many different sub-programs and disciplines like actuarial science and cost analysis, allowing them to appreciate real-world industry practices and diversify their post-graduation employment chances.

The post-graduation placement rate of 97% does not disappoint either, with most students securing a job within 90 days after graduation.

University of Michigan

The University of Michigan also ranks among the top 5 nationwide universities for its accounting program. However, it offers a twist to other educational institutions, allowing students to earn an undergraduate accounting degree in two ways:

  • Students can opt for an actuarial math sub-major in the College of Literature, Science, and Arts
  • They can earn an undergraduate degree in business administration from the Ross School of Business, majoring in accounting

The multi-pronged approach to earning an accounting degree allows students to specialize in different interests.

Both avenues have varying course requirements and allow for greater versatility in post-graduation opportunities.

But that's not all! Students at the University of Michigan opting for a business administration degree can even go for a dual degree in various other fields alongside their primary degree.

The University of Michigan also offers plenty of research opportunities, allowing students to participate in outreach programs, and access different initiatives closely linked to their program.

Additionally, actuarial math students can even publish their work in the Michigan Mathematical Journal, one of the institute's renowned accounting resources.

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University of Notre Dame

The University of Notre Dame's business school is ranked as one of the top private schools for undergraduate programs in the United States, with its accounting programs being particularly renowned.

These programs are designed to teach strong decision-making skills, keeping in mind the strains and fast-paced demands of the profession.

The University of Notre Dame's accounting program – focusing on instilling critical-thinking skills in students – is ranked among the top four countrywide.

It features many service-oriented programs, such as the Tax Assistance Program, where students can get real-life experience by helping underprivileged families file their taxes.

Additionally, it also has an extremely high post-graduation placement rate of 93%.

A set of accounting papers, a pen, and an iPhone with the calculator app open. When it comes to filing taxes, organizations tend to take an accountants' help to avail concessions and loopholes. Do a degree in accounting from a renowned university if you want to learn these skills
An accountant must be mindful of all state and federal financial laws and by-laws. They should disclose all financial workings of their clients, otherwise risk legal action by the authorities and the IRS. (Source: Unsplash)

New York University

New York University's Leonard N. Stern School of Business is a popular choice among Americans and international students alike. It is one of the best business schools in the country, placing 9th on the nationwide rankings.

NYU's accounting program is also one of the best in the country, placing 7th on the list of best accounting schools in America.

The Stern school is also incredibly hard to get into, with an acceptance rate of just 8%, so you know it's worth all the hype surrounding it.

Its proximity to the hub of American finance isn't just a novelty factor; NYU offers countless internship and placement opportunities to students to prepare them for practical applications.

Furthermore, the faculty here is world-renowned; some students are also lucky enough to sign up for classes taught by Nobel Laureates.

Also, NYU offers students a cosmopolitan experience, with an active social life and a vibrant on and off-campus scene.

University of Southern California

The Leventhal School of Accounting of the University of Southern California is another attractive school of choice for accounting enthusiasts because of its close links to the Big 4 firms:

  • KPMG
  • PwC
  • Deloitte
  • Ernst & Young

USC is located in Los Angeles, promising a pretty happening social scene and an engaging campus life for its students.

The accounting program is closely tied to USC's Marshall School of Business, giving students access to enroll in business school classes simultaneously.

It also provides plenty of hands-on experience, such as internships and study-abroad opportunities.

Additionally, USC's accounting program tries to familiarize students with the real-life functions of the industry, and it's also one of the most competitive in its field, with an acceptance rate of just around 11%

Georgetown University

Georgetown University is a Catholic university located in Washington DC, and its business school, the McDonough School of Business, routinely features in the best business school rankings nationwide.

Also, since it's located close to Capitol Hill, it offers a particularly sought-after university experience for students looking to work for the government.

This business school is also an excellent place for students looking to enroll in global programs with a strong focus on global economies.

Moreover, students from the accounting program can avail several opportunities to study abroad in financial hubs like Hong Kong and London.

Besides that, it's also an ideal fit for students who might want to work abroad, since the school offers numerous international internships.

Brigham Young University

Brigham Young University is located in Provo, Utah, and it's known for its links to technology and research hotspots.

It offers some of the best accounting resources for students, and its business school is touted as one of the finest in the country.

The accounting program features a unique Junior Core Program for students as part of a revolutionary teaching model.

This program divides accounting majors into five groups in the junior year. These groups are taught by different professors, who collaborate to infuse innovative techniques and accounting resources in their teaching methods.

The focus is on garnering strong teacher-pupil relationships and helping students gain mentorship for when they want to follow post-secondary programs after graduation.

Prepare For The Most Demanding Accounting Programs Starting Today

If you have had prior experience studying accounting or finance, you may feel like you're prepared to enroll in the most demanding accounting programs in the United States.

However, it can always help to prepare! Moreover, if you don't have the required experience, you will probably need an expert's help to take on this new career path.

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