10 Best Accounting Schools in the World
10 Best Accounting Schools in the World
We looked at the best accounting programs in the world based on admission requirements, teaching methods, assignments, job prospects, and more to bring you this list of top 10 accounting schools in the world.
These are some of the best accounting schools you can attend to become an accountant and make your mark in this world!
Who is the accountant?
An accountant is a person who keeps track of money and handles financial transactions. In other words, it is not just a matter of keeping track of ledgers or balancing the books.
According to most professionals, an accountant must have a keen eye for detail and analytical skills that go beyond numerical data. The best accountants are also good communicators, as they will be tasked with providing data to investors and business owners on a regular basis.
How much does an accountant earn?
Accountants and auditors are looking at a very good year. The Bureau of Labor Statistics projects that accountancy and auditor jobs will grow 10 percent between 2016 and 2026, faster than most other occupations. Accountants make an average of $75,230 annually according to 2017 data.
How much a particular accountant earns can vary widely depending on factors such as where they work, their level of experience, their skill set, and whether they are self-employed or work for an accounting firm.
The best accountants can make more than average earnings - anywhere from $90,000 to over $100,000 per year depending on where they live and how much business they bring in.
How can I become an accountant?
The best way to become an accountant is to obtain a degree from an accredited school. While there are different accounting degrees available, the Bachelor of Science (BS) in Accounting typically takes about four years to complete.
You may find it helpful to attend classes during the evenings or on the weekends so that you can maintain your current job while you finish your education. Since accounting involves mathematics, many schools require a mastery of numbers and that is why a bachelor's degree is sufficient for junior accountants. Other programs offer a Master of Science (MS) and/or Doctorate (PhD) degree in accounting, but these are not usually required to work as an accountant.
1) University of California, Berkeley
The University of California Berkeley is one of the top 10 accounting colleges in the United States. This prestigious public research university enrolls more than 40,000 students and receives more than $800 million in federal funding each year. Comprising 12 colleges and schools, this institution is consistently ranked as one of the top 20 universities in the world.
Among its alumni are many notable personalities such as George Schultz, internet pioneer Vint Cerf, and many more.
Because of its location in the San Francisco Bay Area, this school benefits from a stunning geographic location: students have easy access to the tech industry in Silicon Valley while enjoying serene surroundings just a short drive or a ferry ride to their classes at the Berkeley campus.
2) Oxford University
For centuries, Oxford has been a leader in liberal arts and science education. Founded by the famous English King Alfred over 1,000 years ago, Oxford University is consistently ranked among the best universities in Europe and the world (Times Higher Education Rankings).
The best accounting schools in the world
the greatest strength is its unrivaled global network of highly ranked schools, including four constituent colleges (St Edmund Hall, Trinity College, University College, and Somerville College), Green Templeton College in Oxford, and 42 independent colleges in close proximity to the city of Oxford Center.
Undergraduates registered at Oxford are required to take an initial foundation curriculum that includes six semesters of philosophy or religious studies (depending on their field of study) before choosing a major.
3) London School of Economics
The London School of Economics and Political Science (LSE) is ranked among the top 10 accounting schools for student diversity, faculty quality, graduate recruitment, resources and international impact.
LSE ranks seventh in our list of the 10 best accounting schools for recent accounting graduates. The MSc Finance program boasts a curriculum that includes quantitative techniques with an emphasis on the mathematical foundations of finance as well as financial management and financial econometrics courses to give students a solid understanding of the advanced theories and models used in finance today.
This MSc Finance program will provide you with some outstanding career opportunities including working as a fund manager or bank analyst; It's no wonder that LSE's MSc in Finance was ranked second by Financial News.
4) University of Pennsylvania
Wharton School at UPenn is one of the most prestigious business schools in America, with a reputation for sending graduates into some of the most elite careers. Not only that, but UPenn is considered by many to be one of the best accounting schools in terms of marketability.
The school offers many opportunities for students to gain experience on real-world projects through the Office of Institutional Engagement (OCE). OCE connects students with industry professionals and corporate partners through a multitude of programmes, including consulting projects and research collaborations.
And if you're on the lookout for a career in the Big Four accounting, UPenn can help you with that too—many top companies hire directly from their undergraduate accounting program.
5) New York University
Not only does NYU have one of the best accounting programs in America, but you will be hard-pressed to find another business school that offers the same amount of experiential learning. It's a culture of doing more than just attending classes—students undergo 30 internships over three years and work for student-run startups on campus.
In fact, one of their latest startups is Task Rabbit, which has been incubated at New York University.
If you want to learn how to manage finances while also working on real projects with companies and startups, there are few better places to do that than NYU.
6) Duke University
Located in Durham, North Carolina, Duke University is a private research university with an undergraduate enrollment of 6,626. While accounting is not a major offered through Fuqua Business School, the advanced management program allows undergraduate students to major and pursue a master's degree in accounting or taxation.
Notable alumni include Joe Gebbia - co-founder of Airbnb - and Kenneth Chenault - president of American Express and former CEO.
The school has been ranked among the top 25 business schools in US News & World Report for nearly 20 years in a row (#24). It is also ranked number 13 on Forbes magazine's list of America's Best Business Schools and number one.
7) Columbia University
Columbia University's School of Professional Studies offers an online Master of Science in Accounting degree, which meets all 150 contact hour requirements set by the American Institute of Certified Public Accountants (AICPA).
This program is suitable for individuals with an undergraduate degree who are looking to pursue a career as an accountant. Coursework includes financial accounting, taxation, auditing, and computer applications. Students also complete a final graduation project that addresses issues related to corporate restructuring. To be eligible to graduate, students must pass all courses with a grade of C or better.
A total of 30 credit hours is required to be completed and applicants must have a bachelor's degree from an accredited college or university with a minimum 3.0 GPA in previous coursework.
8) University of Toronto
The University of Toronto Rotman School of Management has an international reputation for its programs, most notably the prestigious MBA. The school has also been ranked as one of the 50 best employers in Canada by Mediacorp Canada. Although he may be known for his strong business program, Rotman is also known for excellence in other fields such as politics, public policy, communications studies, media, law, and economic history.
It is always among the top ranked universities according to the QS World University Rankings. Looking at all these feats .