You won’t be surprised to know that top firms hire people from the best accounting schools. So it is essential to choose a suitable school for yourself carefully. Here you will find all the important information related to the accounting schools. Also, today we’ll discuss how to become an accountant and how much you’ll earn by that.
If you are still struggling to choose a career, mainly in accounting, you must have a look for business schools:
Moving ahead with accountancy, first understand what is an accountant. An accountant is a person who keeps all the records of business transactions in an organization. He is responsible for financial statements and the proper management of assets. The average salary of an accountant varies from $91k to $52k.
How to become an Accountant
#Step1: Obtain a professional degree
For becoming a certified professional accountant, you must have at least a bachelors’ degree.
#Step2: Specialize in one Subject
All the accountants and CPAs specialize at least in one area of practice.
#Step3: Pass CPA exam
You have to pass four exams of the CPA—
- Audit and attestation
- Financial Accounting and Reporting
- Business Environment and Concepts
#Step4: Get an Accounting Job
After graduating from the best accounting schools, you should try to take an internship for a better practical understanding of work culture.
List of Best Accounting Schools in the World
The following list contains the best accounting schools in the World. So let’s discuss their details in-depth.
London School of Economics and Political Science (LSE)
Being one of the best accounting schools, it offers excellent academic and innovations. Besides this, it helps students to face real-world issues related to economics, accounting, business, and so on. Moreover, students from 160 countries are a part of the school.
Graduation Rate: 91.3%
Location: London, UK
Acceptance Rate: 9%
Tuition Fee: 9,250 GBP for Locals & 18,408 for Internationals
University of Pennsylvania
It is a private Ivy League school in Philadelphia. Further, it offers a world-class knowledge of accounting. Moreover, learning to account in this school includes predictive analysis and basic programming.
Graduation Rate: 96%
Location: Philadelphia, US
Acceptance Rate: 9%
Tuition Fee: $55k
New York University
NYU is one of the oldest and best accounting schools since 1831. Also, it has additional campuses in Abu Dhabi and Shanghai. The University is also famous for its master’s program in Data Science. So you can learn accounting and analytics. Here students also gain accounting principles to pass the CPA exam.
Graduation Rate: 85%
Location: New York, US
Acceptance Rate: 32%
Tuition Fee: $53k
National University of Singapore
For directly entering into the professional stage of accounting in Shanghai, this is one of the best accounting schools. Formerly it was famous for medical degrees. But from 2007, the school started BBA accounting programs.
Graduation Rate: N/A
Acceptance Rate: 25%
Tuition Fee: $31k
Although the university is in Indiana, undergraduate programs of this university are considered best in all over the World. Also, for preparing students in world business, the university offers industry-specific communication courses.
Graduation Rate: 78%
Location: Bloomington, Indiana
Acceptance Rate: 79%
Tuition Fee: $11k
University of Toronto
The University of Toronto is a private research university and has the best accounting schools. Thus it gives students a chance to learn key accounting skills. Besides this, students can learn important skills, which will help them to make a better career like decision making, communication, and analysis expertise.
Graduation Rate: 77%
Location: Toronto, Canada
Acceptance Rate: 60%
Tuition Fee: 6,590 CAD for Locals & 45,690 for Internationals
Hong Kong University of Science & Technology
It has the best accounting schools in Hong kong. Following other world-class institutes, it offers a four year BBA program in accounting. Thus students can understand business and management programs that are taught here.
Graduation Rate: N/A
Location: Hong Kong
Acceptance Rate: 35%
Tuition Fee: 42,100 HKD for Locals & 140,000 HKD for Internationals
The university is one of the major research universities and a part of the C9 League of Chinese Universities. Moreover, it has one of the best accounting schools, like Schools of Economics and Management.
Graduation Rate: 75%
Location: Beijing, China
Acceptance Rate: 83%
Tuition Fee: $8K
University of Manchester
Being one of the best schools for accounting, it is also famous for Data Science & Technology. Also, the accounting program has a high standard of teaching. Here students get a chance to spend an additional year in the internship.
Graduation Rate: 64%
Location: Manchester, UK
Acceptance Rate: 59%
Tuition Fee: 9,250 GBP for Locals & 21,000 for Internationals
University of Sydney
The University of Sydney is considered as one of the best accounting schools in the World. This institute plays a vital role in educating students on all the basic financial accounting principles. Enrolling in this school can be a lifelong opportunity for students who want to specialize in data analysis.
Graduation Rate: 88%
Acceptance Rate: 30%
Tuition Fee: 36,000 AUD for Locals & 57,000 AUD for Internationals
Hoping the schools and universities, as mentioned above, will help you to get a degree in accounting. Stay tuned for more information related to other professions. Good luck in the future!