Masters abroad: preps and steps

MS in Accounting in USA: Top Universities, Eligibility & Scholarships

Yocket Editorial Team

Embark on a journey towards a flourishing accounting career by pursuing a Masters in Accounting in the USA—your gateway to opportunities both at home and on the global stage. International students are increasingly drawn to the prospects of pursuing an MBA in accounting in the USA. Beyond a comprehensive graduate education, this journey unveils cultural experiences and a spectrum of activities.

Interested in the advantages?

The MS in Accounting in the USA provides a robust foundation, ensuring a stable career trajectory. Delve into the program, honing excellent analytical skills that set you apart. Stay tuned as we unravel the intricacies of pursuing an MS in Accounting in the USA, promising a wealth of valuable insights.

Are you ready to take the leap? Explore the boundless possibilities with Yocket Premium, ensuring not just education but a holistic academic experience. Your journey to a prosperous accounting career begins with Yocket Premium.

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Table Of Contents

Why Study MS in Accounting in USA?

Accountancy MS in the USA not only qualifies you for the CPA exam, which is the most stringent need for competence in the accounting profession globally, and is accredited by the AICPA, the most important accounting body, but also helps in building analytical skills. The flexible Masters in Accounting USA program is outfitted with cutting-edge technology to ensure that students experience worldwide growth and excel in their fields. Some of the reasons why students prefer MSC Accounting USA are:

  • There is a solid job scope in accounting in the USA, with a good pay scale offered.
  • According to WES data, 82% of overseas graduates get a good job within six months of the program's end.
  • According to the report, 74% of companies value US degrees more. As a result, it significantly advances a career even after students return to their own nations.

Suggested: Top Reasons to Study MS in the US

Masters in Accounting USA: Course Overview

In the USA, universities offer a 30-credit program for a master's in accounting which lasts for 1-2 years. Along with corporate strategy and financing, the essential accounting principles are the emphasis of the program. The course covers:

  • Accounting Information System
  • Financial Reporting, and Services,
  • Government Accounting Control
  • Forensic Accounting

Given below are the highlights for a Master in accounting in the USA for international students:

Popular Course Offered

  • Master of Accounting
  • Master of Professional Accounting
  • MBA with an Accounting Major
  • Master of Science in Accounting and Fundamental Analysis

Course Duration

1.5- 2 Years

Top Universities

  • University of Pennsylvania
  • Columbia University
  • University of Michigan 
  • Northwestern University
  • University of Texas
  • Ohio State University

Average Tuition Fees

USD 67,805.97 (INR 56,50,670).

Minimum GRE Score

162 or more

English Proficiency Test Score

TOEFL- 600 (on-paper) 100-250 (computer-based)

IELTS- 7.5

GMAT- 752

Top Universities in USA for Masters in Accounting

There are many universities in the US offering master's degrees in accounting, but only a few make it to the top. We have listed below some of the top universities offering master's degrees in accounting.

  • University of Pennsylvania
  • Columbia University
  • University of Michigan 
  • Northwestern University
  • University of Texas
  • Ohio State University

Let us get into the details of each of these top universities in the USA for a master's in accounting:

1. University of Pennsylvania

Philadelphia is home to the private Ivy League research university known as the University of Pennsylvania. The accounting major program aids students in developing the ability to quantify and explain the financial operations of a company.



QS Ranking 2024


Program Offered

MBA Accounting

Programs Fees (Annual)

USD 79,106 (INR 65,92,370)

Suggested: MS in USA Without GRE

2. Columbia University

Columbia University, a private research university, was founded in 1754 by George II of Great Britain, making it the fifth-oldest higher education institution in the country. The three-semester Masters of Science in Accounting and Fundamental Analysis program has a STEM designation. It emphasizes processing accounting information in investment analysis while concentrating on active, basic investing.



QS Ranking 2024


Program Offered

Master of Science in Accounting and Fundamental Analysis

Programs Fees (Annual)

USD 62,783.31 (INR 52,32,100)

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3. University of Michigan  

The Institution of Michigan is a renowned public research university in the US that was founded in 1817. The main campus of the University of Michigan, which is the oldest university in Michigan, is located in Ann Arbor. The MSC Accounting USA course offered by the university helps you develop your cross-disciplinary business skills and make connections with other graduate students.



QS Ranking 2024


Program Offered

Master of Accounting

Programs Fees (Annual)

USD 52,737.98 (INR 43,94,970)

Suggested: How to Choose Your University in the US for MS?

4. Northwestern University

The three campuses and international reach of Northwestern University go beyond the bounds of conventional higher education. Students who major in accounting gain a solid understanding of financial valuation and reporting theory and practice, as well as how accounting is used to set benchmarks, track and enhance organizational performance, and improve governance.



QS Ranking 2024


QS Subject Ranking 2023


Program Offered

MBA with an Accounting Major

Programs Fees (Annual)

USD 72,828.64 (INR 60,69,240)

5. University of Texas- Dallas

The University of Texas at Dallas was founded in 1969 and is a public research institution connected to the Universities Research Association. The accounting course assists aspirants in building skills. Students who successfully complete the program may be qualified to sit for the Uniform CPA Exam if they satisfy the standards of each state's board of public accounting.



QS Ranking 2024


Program Offered

Master of Professional Accounting

Programs Fees (Annual)

USD 41,436.98 (INR 34,53,190)

Suggested: Low Tuition Fee Universities for MS in the US

6. Ohio State University

Public research university Ohio State University was founded in 1870 and is a member of APLU, BTAA, ORAU, and AAU. The Master of Accounting (MAcc) graduate program at Ohio State is a leader in the country as one of the first STEM-designated accounting schools in the United States. Offered by the Fisher School of Business, it gives individualized, practical learning opportunities to help you get ready for the real world.



QS Ranking 2024


Program Offered

Master of Accounting

Programs Fees (Annual)

USD 55,249.31 (INR 46,04,250)

Are you on your journey to study for a Master in Accounting in the USA? 

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What is the CPA Exam?

Successful completion of the CPA (Certified Public Accountant) exams grants the right to practise accounting in the USA. This makes passing this test a requirement for all accountants.

The exam is divided into four sections: Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Auditing and Attestation (AUD) (BEC).

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Eligibility Criteria and Documents Required for MS in Accounting in USA

Let us now move forward to discover the eligibility criteria for a Master in Accounting USA:

Educational Qualification

Students need to provide a bachelor's degree in commerce or accounting from a recognized college/university with the appropriate marks.

English Language Proficiency Test Scores

Students applying for the MSC Accounting USA need to submit the score of the English Language Proficiency test. However, the score may differ according to the university.

  • TOEFL- 600 (on paper) and) 100-250 (computer-based)
  • IELTS- 7.5
  • GRE- 162 or more
  • GMAT- 752

Standardised Test Scores

You may be asked to give US entrance exam scores, such as the GRE/GMAT for MSC/MBA in accounting. These scores are rarely sought, but if you have already taken the test, keep them on file. In some cases, students also get admitted to do masters in accounting in the USA without GMAT.

Documents required for top accounting masters programs in the US are as follows:

Suggested: Eligibility and Requirements to Study MS in the USA

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Application Process for MS in Accounting in USA

Next, let us help you with the application process for a master's in accounting in the USA for international students. To get admission to any of the top-ranked universities in the USA, students need to follow the admission process. Below are the steps:

  1. Examine the admissions requirements of the university offering a master's in accounting. Determine which exam you must take and which documents you must submit.
  2. Fill out the application form. You can submit the admissions application online.
  3. Ensure that all documents are submitted by the application deadline. Check the website to see how far your application has progressed.
  4. If a student meets all of the prerequisites, the university invites the student to take the entrance exam.
  5. The cut-off for the entrance exam depends on the university. If an applicant performs well on the entrance exam and meets the cut-off, the next step is processed.

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Cost of Studying MS in Accounting in USA

The cost of the Masters in Accounting program in the United States can be broadly divided into tuition costs, cost of living in the United States, etc. The overall annual cost of studying accounting masters in the USA is around USD 62,788 (INR 52,32,490).

The cost of living is a crucial consideration for students who want to study in the USA. The majority of the cash is spent on housing for international students in the US.  

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Scholarships Offered for Masters in Accounting in USA

The cost of a Masters in Accounting program in the USA might be high, thus to help students manage their finances, scholarships are provided. There are universities and colleges offering financial grants for students. Using any of these grants, students can apply for the best accounting master's program in the USA. Some of these are:



Penn GSE Merit-Based Scholarship


Master of Science in Accounting Scholarship

USD 10,000 (INR 8,33,360)

MPA Merit Scholarships and Tuition waiver


Merit-Based Scholarship

USD 7,000 (INR 5,83,350)

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Career Scope After Masters in Accounting USA

A student's career path will gain a much-needed edge by attending school in the United States. In addition to the top-notch education provided by the colleges, local employers provide outstanding compensation packages to candidates who complete a master's in accounting. The average annual salary is around USD 68,350 (INR 56,96,010)

Roles and highest paying jobs in the USA for accounting are:

Job Profile

Annual Average Payscale

Loan Officer

USD 60271 (INR 50,22,740)

Purchasing Manager

USD 64038.98 (INR 53,36,660)

Accountants and auditors

USD 66550.31 (INR 55,46,000)

Budget Analysts

USD 72828.64 (INR 60,69,190)

Suggested: Jobs after MS in the USA

The quality of education in the USA is certainly at the top. Additionally, accounting experts have a greater employable rate and annual payoffs than other professionals. These are the only elements that make earning a master's degree in accounting in the United States beneficial. Admission to an MBA in accounting in the USA is pretty handy but has a process to follow. If you are seeking the same, why not connect with Yocket professionals for assistance?

From the Desk of Yocket

Pursuing a Master's in Accounting in the USA opens doors to a rewarding career, offering a comprehensive education that goes beyond the CPA exam. With top-ranked universities, diverse course offerings, and strong employment prospects, international students can expect a well-rounded experience. The attractive scholarships available further ease the financial aspect. As you explore this educational journey, Yocket stands ready to assist, providing valuable insights and support for your academic pursuits in the field of accounting.

If you find yourself uncertain about selecting the right path for your MS in Accounting journey in the USA, look no further! Enhance your understanding of the top-notch educational landscape with Yocket Premium. Our platform guarantees a thorough and effective counseling experience, empowering you with all the essential information required for pursuing an MS in Accounting. Dive into Yocket Premium today, schedule your counseling session, and delve into comprehensive discussions covering every aspect of pursuing a Master's in Accounting in the USA. Your successful academic venture begins with Yocket Premium in 2024!

Frequently Asked Questions about MS in Accounting in USA

Is a masters in accounting in the USA worth it?

Is GMAT/GRE score important for masters in accounting in the USA?

Are there masters programs in accounting for non-accounting majors in bachelors?

What is the overall annual fee to pursue Masters in accounting in the USA?

Is it possible to study MS in Accounting in the US for free?

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