Top US Universities for Masters in Accounting and Finance

Due to the lucrative career prospects US university’s Accounting and Finance programs are among the most sought-after globally. If you want to work in Accounting or Finance lines, a Master’s degree from a reputable US university can provide you with the skills and knowledge you need to be successful.

The top 12 US universities for Accounting and Finance Master’s degrees will be covered in this article. These institutions provide demanding academic curricula that will get you ready for a rewarding career. We will also go through what to keep in mind while selecting an Accounting or Finance Master’s degree.

Intake for master’s programs in accounting and finance varies from university to university in the US. The majority of universities, however, have two admissions each year–

Fall – August or September
Spring – January or February

The mentioned two are the most common ones however, some universities have a summer intake which is offered in the months of May or June.

Below we are mentioning the intakes of the top 12 universities for Masters in Accounting and Finance in the US:

Stanford University

MBA Finance Highlights

• Fall– August or September.

The application deadline for the 2023-2024 academic year is October.

Massachusetts Institute of Technology (MIT)

Master of Analytical Finance

• Fall– August or September
• Spring– January or February

Columbia University

• MBA in Accounting
• Fall– August or September
• Spring– January or February

University of Pennsylvania

• Masters Degree in Finance
• March

DeVry University

Master of Accounting and Financial Management (MAFM)

• Round the year

California State University

Fullerton

M.Sc. in Accounting and Finance

• Fall– August or September

California State University San Bernardino

Master of Science in Accountancy (MSA)

• Fall– August or September

University of Illinois

Master of Science in Finance

• Fall– August or September
• Spring– January or February)
• Summer 1– May or June
• Summer 2– July or August.

The application deadline for the Fall– 2024 intake is January 2024.

The City University of New York

Master’s degree in Risk Management, Accounting Concentration

• Fall– August or September

The application deadline for the 2023-2024 academic year is January 2024.

Master of Science in Accounting

• Fall– August or September
• Spring– January or February.

The application deadline for the Fall 2023 intake is January 15, 2024. The application deadline for the Spring 2024 intake is March 15, 2024.

Liberty University

Master’s degree in Accounting (Online)

• Fall– August or September
• Spring– January or February

Master of Science in Accounting – Forensic Accounting (Online)

• Fall– August or September

City University of New York

Master’s program in Accounting

• Fall– August or September
• Spring– January or February

University of West Georgia

Master of Public Accounting-Master of Business

Administration program

• Fall– August or September

Cost of a Master in Accounting and Finance in the US

Depending on different US universities, courses, programs, and the student’s status, a Master’s in Accounting and Finance in the US can cost from $20,000 to over $100,000.

The average annual tuition and fees for a full-time Master’s in Accounting and Finance degree in the US is around $50,000. However, the annual cost can typically range between $20,000 to $100,000 per year.

Admission requirements for Masters in Accounting and Finance in the US

The admission requirements for a Master’s of Accounting and Finance in the US vary depending on the university and the program. However, some of the most common requirements include:

A Bachelor’s degree in Related Stream

Most Masters in Accounting and Finance programs require a prior bachelor’s degree in accounting, finance, economics, or a related field.

12-year of Education

You must complete a prior 12-year of education i.e. O-levels and A-levels to step forward to earn a Master’s in Accounting and Finance.

GMAT or GRE score

A GMAT or GRE score is needed for many Master’s in Accounting and Finance programs. The required GMAT score ranges from 500 to 600 depending on available programs in the US university. Although most of the programs do not frequently need the GMAT or GRE score.

GPA

Most Master’s in Accounting and Finance programs require a GPA of 3.0 or higher in a Bachelor’s degree in a related stream. However, some programs may have a higher or lower GPA requirement.

Letters of recommendation

Most Masters in Accounting and Finance programs require two letters of recommendation from professors or other academic professionals.

Personal statement

Most Master’s in Accounting and Finance programs require a personal statement where students need to explain their interest in accounting and finance and why they are a good fit for the program.

Resume

Most Master’s in Accounting and Finance programs require a resume to highlight academic achievements, work experience, and extracurricular activities.

Transcripts

All Master’s in Accounting and Finance programs require official transcripts of all prior coursework.

Work experience

Some programs may require work experience in accounting or finance.

Interview

Some Masters in Accounting and Finance programs may require an interview.

Foreign language proficiency

Most of the Masters in Accounting and Finance programs require the test of English language proficiency for foreigners.

Duration for Master’s in Accounting and Finance in the US

Depending on different US universities, courses, programs, and the student’s status, a Master’s in Accounting and Finance’s duration in the US varies. These programs in the US are a 1-2 year postgraduate degree program that not just prepares individuals for an engaging profession in the field of professional accounting.

Scholarships for Masters in Accounting and Finance in the US

There are numerous scholarships available for Masters in Accounting and Finance in the US. Some of the main ones are named below:

• KPMG Scholarship
• Ernst & Young Scholarship
• AICPA Foundation Scholarship
• Deloitte Foundation Scholarship
• American Institute of CPAs (AICPA) Scholarship

Course ideas in Masters in Accounting and Finance in the US

There are an uncountable number of course ideas in the Masters in Accounting and Finance program in the US. They are–

• Auditing.
• Taxation.
• Investments.
• Data Analytics.
• Financial Markets.
• Risk Management.
• Corporate Finance.
• Financial Accounting.
• Managerial Accounting.

Benefits of doing a Masters in Accounting and Finance in the US

• High-quality US education
• Strong alumni network in different US universities
• High salary for Accounting and Finance graduates
• Globally recognized degrees for the US graduates
• High demand for Accounting and Finance graduates
• Rigorous curriculum for Masters in Accounting and Finance
• Covers a wide range of topics in Masters in Accounting and Finance
• Excellent job prospects for Masters in Accounting and Finance graduates
• Masters in Accounting and Finance is offered by some of the most top US universities

FAQs

How are the master’s programs in accounting and finance at US universities?

Answer: The US institutions provide highly regarded Masters in Accounting and Finance degrees, and they offer a very demanding curriculum that prepares students for careers in finance, accounting, and related areas. Through these programs, which are taught by teachers with a remarkable reputation, students get the opportunity to network with other talented students and professionals.

What are the employment prospects for US university graduates with Master’s degrees in accounting and finance?

Answer: The best employment opportunities for holders of Masters degrees in accounting and finance from US universities are accountants, financial analysts, and investment bankers.

What are the costs of attending a top US university for Masters in Accounting and Finance?

Answer: The price of enrolling in a top US university for a Master’s in Accounting and Finance varies per institution. However, the average cost of tuition and fees is around $50,000 per year but including the living costs the price might reach at $100,000 annually.