GraddieIcon
The ULTIMATE resume glow-up: 15% OFF any online course!
Apple Store
Google Play Store GradRight

TAP HERE!

Master’s (MS) in Accounting in USA 2026: Top Universities, Rankings, Fees, Eligibility and More

image4

Table of Contents

A Master’s in Accounting (MSA) is a popular higher education program in the USA. You will find different degree variations, specialisations, and program features that ensure every student interested in this program finds a program that fits their needs best.

The USA is home to many prestigious universities offering MS Accounting programs. Most of these programs have a STEM designation, which is beneficial for international students seeking longer work permits after graduation. Many programs also prepare students for the CPA (Certified Public Accountant) exam – the most recognised professional accounting certification in the USA.

image2

MS in Accounting in USA 2026 – Key Facts

Feature Details
BLS median salary (accountants and auditors, 2023) $79,880 per year ($38.41 per hour)
STEM designation Most US MSA programs are STEM-designated; enables 36 months OPT for international students (12 months standard + 24 months STEM extension)
CPA pathway Most programs include CPA exam preparation; many satisfy 150 credit-hour requirement for CPA licensure
Program duration 12-18 months (most programs); accelerated options (10-12 months) available; dual degree MSA/MBA or MSA/JD also available
Big Four placement (NYU Stern example) 67% of recent NYU Stern MSA graduates went to work for one of the Big Four accounting firms (Deloitte, PwC, KPMG, EY)
Job placement rate (NYU Stern example) 91% of recent graduates had job offers within 3 months of graduation
Degree name variations MSA (Master of Science in Accounting), MAcc (Master of Accountancy), MPA (Master of Professional Accounting), MSAc – programs differ slightly in focus
Professional certifications alongside CPA, CMA (Certified Management Accountant), CFA (Chartered Financial Analyst) – CPA most common and valuable
Data analytics emphasis Growing emphasis on data analytics skills across all specialisations; Python, data visualisation tools increasingly part of curriculum
Dual degree options MSA/MBA (accounting + business leadership); MSA/JD (accounting + law) available at select universities

MS in Accounting Degree Variations in the USA

Master’s in Accounting is a popular higher education program in the USA. You will find different degree variations, specialisations, and program features that ensure every student finds a program that fits their needs best. Many universities offer comparable programs under different degree titles:

Degree Title Full Form Focus Best For
MSA Master of Science in Accounting Core accounting principles with academic depth; research component possible Students wanting strong academic foundation and CPA exam preparation
MAcc / MACc Master of Accountancy Professionally-oriented; practical focus; often 1 year Students wanting fastest entry to accounting careers; CPA pathway emphasis
MPA Master of Professional Accounting Broadest version; accepts students from any undergraduate background Career changers from non-accounting backgrounds; 4-semester version for non-accounting UG
MSAc / MS Accountancy Master of Science in Accountancy Similar to MSA; name varies by institution Check specific program curriculum; functionally equivalent to MSA at most universities
MSA/MBA (dual degree) Master of Science in Accounting + MBA Combines accounting depth with business leadership breadth Students who want both CPA pathway and MBA-level business knowledge; longer timeline
MSA/JD (dual degree) Master of Science in Accounting + Juris Doctor Accounting + law; strong for tax law, forensic accounting, regulatory roles Students targeting tax law, forensic accounting, or SEC regulatory careers

Top Universities for MS in Accounting in the USA

University Program Annual Tuition (approx.) Key Strength
University of Texas at Austin – McCombs School MPA (Master of Professional Accounting) USD 28,000-40,000 (verify mccombs.utexas.edu) US News top-ranked; open to any undergraduate background; 4 specialisation tracks (assurance, managerial, tax, generalist); strong Big Four recruitment
University of Illinois Urbana-Champaign (UIUC) MSA (Master of Science in Accountancy) USD 30,000-45,000 (verify business.illinois.edu) Consistently #1 or #2 for accounting in US News; strong CPA exam pass rates; Big Four on-campus recruiting
NYU Stern School of Business MSA (Master of Science in Accounting) USD 62,250 (verify stern.nyu.edu) 91% job offers within 3 months; 67% Big Four placement; New York City financial hub; AACSB accredited
University of Southern California – Leventhal MAcc (Master of Accountancy) USD 55,000-65,000 (verify leventhalaccounting.usc.edu) Strong West Coast accounting program; AACSB; Los Angeles business ecosystem; technology sector accounting roles
Notre Dame – Mendoza College of Business MSA USD 48,000-58,000 (verify mendoza.nd.edu) High CPA exam pass rates; strong ethics focus; close alumni network; excellent employer relationships
University of North Carolina – Kenan-Flagler MAcc USD 50,000-60,000 (verify kenan-flagler.unc.edu) One of the oldest chartered US universities; strong AACSB accreditation; excellent assurance and tax placement
Brigham Young University – Marriott MAcc USD 10,000-15,000 (public/faith-sponsored; verify marriottschool.byu.edu) Most affordable highly-ranked MSA program; exceptional value; high CPA pass rates; strong Big Four connections
Michigan State – Broad College of Business MAcc USD 28,000-38,000 (verify broad.msu.edu) Strong regional Big Four and national firm recruiting; AACSB; good STEM OPT options
Indiana University – Kelley School MSA USD 25,000-35,000 (verify kelley.iu.edu) Strong Kelley direct admission program; AACSB; consistent Big Four placement; STEM-designated

US News and World Report ranks universities for MS Accounting based on recruiter assessment, mean starting salary, employment rates, and student selectivity. Verify current rankings at usnews.com/best-graduate-schools before applying.

Also Read: Master’s MS in Finance

The CPA Pathway: Why MS in Accounting USA is Special

The CPA (Certified Public Accountant) certification is recognised as a prestigious professional licence in the USA, marking a significant achievement in the accounting profession. Most top US MSA programs are specifically designed to prepare students for and satisfy the requirements to sit for the CPA exam.

CPA Requirement Details
Credit-hour requirement 150 semester credit hours to sit for the CPA exam in most US states (bachelor degree typically gives 120; MSA provides the additional 30 hours)
Why MSA satisfies this MSA programs at most US universities are designed to bring students to 150 credit hours, making them eligible to sit for the CPA exam
CPA exam preparation in curriculum Many programs include CPA exam review courses or materials as part of the standard curriculum
State variation Some states (Ohio piloting) are introducing routes based more on work experience; verify at your target state CPA board (NASBA: nasba.org)
Timeline Students can often sit for some CPA sections while still in the MSA program; full licensure typically requires 1 year of supervised work experience after exam
Value of CPA CPA significantly enhances career prospects and starting salary; CPA-licensed accountants earn significantly more than non-certified peers

Many students who choose to study an MS in Accounting also prepare for the CPA alongside their degree. When you couple your MS in Accounting with CPA certification, you instantly become employable for top companies.

What You Study in an MS in Accounting Program in USA

The Master of Science in Accounting curriculum in the USA focuses on accounting principles and their practical applications. The courses are structured into core subjects, electives, and project work, with other components like internships and CPA exam preparation.

Component What It Covers
Core accounting subjects Advanced financial accounting, managerial accounting, auditing and assurance, taxation (federal and state), accounting information systems
Elective specialisations Forensic accounting and fraud examination; international accounting; tax specialisation; government and non-profit accounting; corporate financial reporting
Data analytics (growing emphasis) Python for accounting, Excel advanced modelling, data visualisation tools, ERP systems (SAP, Oracle); all programs now emphasise data analytics skills
CPA exam preparation Many programs include CPA exam review courses or materials as part of or alongside the curriculum
Internships Many programs encourage or require internships for practical experience; most Big Four start recruiting MSA students for internships during the program
Capstone/consulting projects Many programs include capstone projects involving real-world consulting projects or research with corporate partners
Communication skills Programs include courses focused on enhancing communication skills for accountants; increasingly important for client-facing roles

Popular Specialisations in MS Accounting Programs

  • Financial Reporting and Assurance: external audit, GAAP/IFRS compliance, financial statement analysis – main pipeline to Big Four audit practices
  • Taxation: federal and state tax planning, corporate tax, international tax; high demand in public accounting and corporate tax departments
  • Forensic Accounting: fraud examination, litigation support, forensic investigation; FBI, SEC, and corporate internal audit departments hire here
  • Managerial Accounting and Control: internal management accounting, budgeting, performance measurement; CFO-track roles in corporate finance
  • Accounting Information Systems (AIS): ERP systems, IT audit, cybersecurity in accounting; Deloitte and PwC advisory practices are major employers
  • Government and Non-Profit Accounting: public sector and NGO financial management; growing sector with stable employment

Salary After MS in Accounting in USA

Role Starting Salary (USA) Notes
Accountant/Auditor (BLS median, 2023) $79,880/year ($38.41/hour) BLS median for all accountants and auditors; entry-level Big Four typically higher
Big Four Audit Associate (entry-level) $65,000-$85,000/year Deloitte, PwC, KPMG, EY; typically increases to $90,000-$110,000 after 2-3 years + CPA
Tax Associate (Big Four or mid-size firm) $65,000-$85,000/year Federal, state, or international tax; CPA significantly enhances compensation
Corporate Accountant (industry) $60,000-$85,000/year Private companies, Fortune 500 accounting departments
Financial Analyst (industry) $65,000-$95,000/year Corporate finance; progression toward financial controller/CFO track
Forensic Accountant $70,000-$110,000/year Growing field; FBI, SEC, consulting firms, insurance companies
Accounting Information Systems / IT Audit $75,000-$105,000/year Fast-growing intersection of technology and accounting
CPA with 5+ years experience $90,000-$150,000+ Senior accountant, accounting manager, director; CPA premium significant

Eligibility Requirements for MS in Accounting in USA

Requirement Details
Undergraduate degree Bachelor degree required; accounting or business background preferred; MPA programs (like UT Austin McCombs) accept any undergraduate background
GPA Minimum 3.0/4.0 for most programs; UIUC, NYU Stern, UT Austin competitive programs prefer 3.3-3.7+
GMAT/GRE Required at many programs; GMAT 550-700+ competitive range; GRE accepted as alternative; some programs waiving post-2022
English proficiency IELTS 6.5-7.0 or TOEFL 90-100+ for most programs
Undergraduate accounting courses Some programs (especially MSA/MAcc) expect completion of core undergraduate accounting courses (financial accounting, managerial accounting, auditing, taxation); MPA programs do not require this
Work experience Not required for most MS programs; 1-2 years is advantageous; executive programs require more
Statement of Purpose Required; should articulate specific accounting career goals and CPA aspirations
Letters of Recommendation 2-3; mix of academic and professional preferred

Top Employers Recruiting MS Accounting Graduates in USA

Employer Category Companies Roles
Big Four Accounting Firms Deloitte, PwC, KPMG, EY Audit Associate, Tax Associate, Advisory Associate – the primary employer pipeline for top MSA graduates; 67% Big Four placement at NYU Stern
Mid-tier accounting firms Grant Thornton, BDO, RSM, Moss Adams, Plante Moran Audit, tax, advisory; less competitive than Big Four but strong career development
Fortune 500 corporate accounting Amazon, Google, Apple, Microsoft, ExxonMobil, JPMorgan, Goldman Sachs Corporate accounting, internal audit, financial reporting, treasury
Government and regulatory bodies IRS, SEC, FBI (financial crime), state CPA boards, federal agencies Government accounting, forensic accounting, regulatory compliance
Financial services Banks, insurance companies, investment firms Financial controller, compliance officer, risk management
Consulting firms McKinsey, Bain, BCG, Accenture (finance/risk practice) Finance consulting, risk advisory, operational finance

GradRight helps you find the right MS Accounting program in the USA matched to your profile, career goals, and budget. Free, personalised, data-driven. Find Your MS Accounting Program on GradRight

Also Read: How Much Bank Balance is Required for US Visa?

Students using GradRight App get up to 40% better loan rates for USA education. 18+ lenders, STEM OPT-aligned loan terms, zero paperwork. Apply on GradRight for USA

Related Guides

Master’s MS in Finance
Best Colleges for MS in Computer Science Engineering
Top Courses in Demand for Commerce Students Abroad
MBA in India vs MBA Abroad
Education Loan Eligibility Criteria Guide for Indian Students
Is Taking a Rs 25-40 Lakh Education Loan Worth It?
GradRight SelectRight – University Selection Platform

Stay up to date, sign up for our newsletter

Frequently Asked Questions

How long does it take to complete a Master's in Accounting in the USA?

Most full-time Master’s in Accounting programs take 9-12 months for completion. However, some programs require more coursework, which extends the duration to up to two years. If you choose a part-time or online format, the completion time will depend on your chosen course load and other commitments.

Is work experience required for admission to an MS in Accounting in the USA?

Most MS in Accounting programs don’t require prior work experience. However, some programs might prefer or even require it. An example of such a program is the Master of Accounting Science (MAS) program at the University of Illinois.

Can I work part-time while studying for my MS in Accounting in the USA?

Yes, you can. As an international student on an F-1 visa, you’re allowed to work part-time on campus (up to 20 hours per week) during the academic year. 

What are the common specializations within MS in Accounting programs?

Specializations in MS in Accounting let you tailor your degree to your interests and career goals. Some popular options include: Taxation Assurance and Auditing Forensic Accounting Financial Reporting and Analysis Managerial Accounting Accounting Information Systems International Accounting Government Accounting

Is an MS in Accounting in the USA STEM-designated?

Yes, many MS in Accounting programs are now STEM-designated. This is great news for international students, as it means you can apply for a 24-month extension to your Optional Practical Training (OPT) after graduation. However, not all programs qualify, so check if your chosen program has the STEM designation.

Share

Trending

Backed by data, matched for you. Get your college shortlist from Graddie.
Shortlist Now

Provider

Title and Desc

HDFC

ICICI