MS in Accounting in the USA: Eligibility, Application Process, Scholarships, and Career Opportunities

Did you know that BLS reported that accountants and auditors earn a median annual salary of $71,500? In contrast, $38,640 was the median salary for all occupations in that year. In order to earn such a handsome salary, you must complete your master's degree in Accounting. Would you like to know more about it? We’re here for you, Stay tuned.

To pursue an MS in Accounting in the USA as an international student to start your path to a successful accounting career. This will open up prospects for you both domestically and internationally. The blog reveals several reasons why accounting graduate education is essential.

Why Choose MS in Accounting in the USA?

In the USA, the MS in Accounting offers a strong foundation that guarantees a steady career path. Dive into the program and develop distinctively strong analytical abilities. We promise a plethora of insightful information as we delve into the nuances of earning an MS in Accounting in the United States.

• In the USA, accounting offers a wide range of jobs with competitive pay.
• Within 6 months of the program's conclusion, 82% of international graduates secured good employment, according to WES data.
• The report states that 74% of employers place a higher value on US degrees. Because of this, it helps students' careers progress even when returning to their home countries.
• Coursework in subjects including business IT, taxation, statistics, and financial accounting is frequently included in accounting master's programs. Students enrolled in these programs are also exposed to a variety of ethical and legal standards about financial reporting.

In addition to helping you develop analytical abilities, an MS in accountancy from the USA is approved by the AICPA (American Institute of Certified Public Accountants), the most significant accounting organization, and qualifies you for the CPA test, which is the most demanding requirement for competency in the accounting profession globally.

Also Read: ACCA vs CPA: Similarities to Differences for Accountancy Aspirants

Top 6 Universities in the USA for Masters in Accounting

Below are the top 6 universities in the USA renowned for their exceptional Master’s in Accounting programs, offering students unparalleled academic excellence and MS in accounting in the USA fees in USD & INR.

Course Curriculum for Top Accounting Master’s Programs in the USA for International Students

Universities in the United States of America provide a 30-credit master's program in accounting that lasts 1 to 2 years. The program places a strong emphasis on fundamental accounting principles in addition to corporate strategy and financing.

Let us take a look at the table below to understand the course curriculum for Accounting courses

Also Read: USA Study Visa Without IELTS in 2024 : Eligibility and Requirements

Eligibility for MS in Accounting in the USA

University-specific requirements differ for admission to an MS in Accounting, but in general, candidates must hold a bachelor's degree in accounting or a closely related discipline.

• Scores from the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT).
• Academic transcripts, recommendation letters
• Statement of purpose
• Bachelor's degree in accounting or commerce with the required grades depending on the university you are looking at requires from an accredited college or university
• English Language Proficiency such as IELTS test results when applying for MS Accounting USA

An internationally accepted English proficiency test, the International English Language Testing System (IELTS) is used by thousands of schools and organizations. IELTS Academic and IELTS General Training are the two formats that are offered for it.

Exam Core Requirement

Also Read: GMAT VS GRE

Documents Requirements for Masters in Accounting in the USA

Without these documents with you, it’s quite impossible to start your master's in the USA, let’s take a look at what they entail

• GMAT/GRE results
• Work Experience Letter
• Resume/CV
• Essay for Personal Use Academic Records
• It is necessary to have a current passport
• Proof of funds
• Valid Visa

Application Process For MS In Accounting In The USA

Now that we have understood the best accounting master's programs in the USA, allow us to assist you with the master's degree application procedure for international students studying accounting in the United States.

Students must adhere to the admissions process to be admitted to any of the top-ranked colleges in the United States. The steps are as follows:

• Step 1: Choose & Check out the University
  • Check the university's admissions policies for the accounting master's program. Choose the test you need to take and the paperwork you need to turn in.
• Step 2: To apply for admissions, you will need to fill out an application form.
  • The application form is available online, and it contains all the necessary fields that you need to fill out to complete your application.
• Step 3: Upload the right documents on the right date
  • Make sure that by the application date, all necessary documents are submitted. To find out how far your application has advanced, visit the website.
• Step 4: Wait for their response
  • The university extends an invitation to take the entrance exam to a student who satisfies all requirements.
• Step 5: Wait for your results
  • The university determines the entrance exam cut-off. If the applicant passes the admissions exam and makes the cutoff, the next stage is processed.
• Step 6: Pay the required amount
  • Manage your finances and make sure to pay a little of your fees so that your seat is secured
• Step 7: Don’t forget your Student Visa
  • And a valid passport! Have a safe trip and don’t forget to enjoy

Also Read: Cheapest universities in USA for International students

Scholarships Available in the USA for Masters in Accounting

Scholarships are an important source of student financial aid that can significantly influence a person's path to higher education. Numerous factors, such as academic achievement, financial need, individual history, and extracurricular involvement, are taken into consideration when making the award.

Career Options After MS in Accounting

Obtaining a master's degree in accounting can lead to highly esteemed and lucrative professions. Examine career alternatives and learn how master's degrees can help professionals reach their full potential.

Leading labor market analytics company EMSI reports that the median advertised income for master's degree-holding entry-level accountants and auditors (0–3 years of experience) is $71,000, while that of bachelor's degree holders is $65,200.

Obtaining a master's degree won't likely help you advance if you don't have any practical professional experience. But it can raise your expectations for entry-level pay.

With GetGIS, Get Your Life’s Best Journey!

In conclusion, entering this quickly developing field with a Master's in Accounting in the USA opens up a world of opportunities. For overseas students looking to advance their education in the USA is a great option because of its prestigious universities, a wide range of program offerings, and friendly atmosphere.

Consider using the services of GetGIS for Study Abroad, a dependable partner committed to supporting you at every stage, as you set out on this exciting journey. We help with everything, including SOP support, visa advice, and help to choose and apply to universities.

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