13:05 PM | 01-Sep-2022

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Accounting Course in USA for Indian Students

Does your academic scores reflect that you are very strong in mathematics? Do you have full interest in finance and business? An accounting program in the USA will surely be a great addition to your career. 

The USA has great opportunities for students aiming to pursue accounting courses. Whether going for a bachelor’s or master's degree, considering the accounting course will surely help you rise out as a magnificent skillset holding professional. Want to attain a piece of deep knowledge about the accounting program in the USA? This blog can lead you to walk in the right direction. 

Continue reading to pull you out of the doldrums of finding the best accounting university in the USA.

Table of Contents

1. Prime Reason For Studying   2. Requirements   3. List of  Universities for Accounting   4. Available Scholarships   5. Pre-Arrival Costing   6. Tuition Fee for Masters   7. Living Cost   8. How To Apply    9. Salary After Accounting   10. Conclusion   11. FAQ

What is the prime reason for studying accounting in the USA?

We all have the sheer idea that accounting is one of the most prominent certifications that an international student can get. Moreover, obtaining the certification from the USA can easily help the individual attain a great skill set. Below mentioned are some of the best reasons that enlighten about pursuing accounting programs from the best universities in USA:

• 17 university accounting courses in the USA are ranked world’s top position

• Focus on research-based and practical study

• Affordable education

• Availability of scholarships

• Great opportunity of learning taxes, bookkeeping, financial statements, debits, and credits from industry specialists. 

Requirements to study Accounting in the USA

If you desire to apply for the accounting program at the best universities in the USA. In that case, you really need to fulfill certain types of requirements that can actually work wonders for your whole scenario. You have to fulfill all the requirements then only you will become eligible to study accounting course in the USA. The basic requirements are:

• Demonstration of a strong background in mathematics 

• Availability of great scores on the English proficiency test

• Get the average score of 752 on the GMAT exam

• Get an average score of around 162 on the GRE exam

• The student should have more than a 3.0 GPA in the academic field

"Hii Manbir Singh Here founder & CEO of IBT Overseas, Holds 10+ years of immigration experience. We are an emerging team of UK student visa consultants sucessfully stamped 1000+ UK Visa. Moreover, IBT Overseas recently bagged the “Best in the market” award in the immigration  field by the leading national media."

   

List of Top Universities in the USA for Accounting with requirements 

Here in this specific section, you will get wholesome detail about the best accounting universities and their requirements. If you are planning to study in your desired one then carefully study the information mentioned below: 

Availability of scholarship in Masters in accounting in the USA

There is no denying the fact that the tuition fee for a master's in accounting is pretty high up the scale. Still, we have laid out some of the best arrangements that can help you study accounting in the best possible manner. You might have heard the name of scholarships before. Yes, you can easily be able to get a scholarship to your desired university in the USA. However, there is one case where you have to develop your profile in such a way that you become fully eligible to attain a scholarship in the USA. We have rounded up some of the popular scholarships for all the international students aiming to study in the USA: 

Accounting in the USA Cost 

Does the whole cost of living and studying in the USA frighten you to the core? Don’t worry we have all measured for you. The basic cost of studying accounting in the USA can basically be defined as pre-arrival, cost of living, and tuition fee. The basic estimate for every segment is just mentioned below: 

Pre-Arrival Costing 

The pre-arrival expenses usually include airfare, basic tests, visa application processing, and more. We would like to inform you that before heading out to the USA you really have to note down the pre-arrival expenses. Check out the below-mentioned table with an informed mind: 

Types of Expenses	Expenses (INR)
Visa application	14,539
IELTS	13,315
TOEFL	13,774
GRE	15,687
GMAT	19,130
Airfare	80,349

Tuition Fee for Masters of Accounting in the USA

We would like to inform you that the tuition fees of the top universities are mentioned below in the form of the table. Try to get the full-fledged information about the tuition fee as it will definitely going to benefit you in choosing the best university: 

University	Annual Tuition Fees (INR)
University of Pennsylvania	63.69 lakhs
Columbia University	50 lakhs
Cornell University	44 lakhs
University of Michigan	42.14 lakhs
Northwestern University	58 lakhs
New York University (NYU)	45.30 lakhs
University of Texas	33.71 lakhs
Boston College	44.29 lakhs
Ohio State University	44.04 lakhs
Michigan State University	39 lakhs

What is the living cost in the USA?

The basic cost of living usually depends on one person to the other. So we are just giving you a rough figure that can easily help you survive in the USA without any hassle. 

Types of Expenses	Expenses per month (INR)
Share Rental/ Hostel	38,261
Groceries	22,957
Eating Out	3,826
Public Transport	7,652
Phone bills and internet	7,652
Electricity	7,652
Health Insurance in the USA	34,435- 53,566

How to apply for the Accounting course in the USA?

Before applying the student has to make it fully clear by attaining the full information by checking out the official website of the university. Try to read all the instructions in the right manner so that you don’t have to worry in the coming time. 

• Surf the office website of the university

• Open the admission form

• After that, you really need to fill the entire detail without making any glitch

• Submit the required documents

• Submission of the passport size photo

• Attach the statement of purpose describing your entire profile

Salary after Accounting in the USA

If you have done the accounting course in the USA then salary requirement is one of the top things to look up. For your benefit we have made a table that will definitely be going to help you get the full information about what type of salary you will get after completing the accounting program from the best universities in the USA: 

Job Roles	Annual Median Salary (INR)
Loan Officer	48.24 lakhs
Cost Estimator	49 lakhs
Purchasing Manager	51.72 lakhs
Insurance Underwriter	52.84 lakhs
Accountants and auditors	53.56 lakhs
Budget Analysts	58.23 lakhs
Financial Examiner	61.35 lakhs
Financial Analyst	65.55 lakhs
Personal Financial Advisor	68.02 lakhs
Financial Manager	95.08 lakhs

      

Looking for Accounting Course in USA? 

   

Conclusion 

Your aspiration of studying accounting in the USA can only come true if you perform the right due diligence. Try to read this whole blog with your full attention as it will definitely benefit you in the coming time. All the information mentioned in this blog is fully reliable and it will demand your pure attention. So consider reading it as this can surely benefit you in the coming time. Do not let any type of stress hover over your mind for a long duration.

FAQ

Ques 1) What are the different job roles that I can choose after an accounting course?

Ans: The student can choose different job roles such as Insurance Underwriter, Loan Officer, Cost Estimator, Purchasing Manager, Accountants and auditors, and Budget Analysts.

Ques 2) What are the different types of scholarships present in the USA?

Ans: Here you will get a wide range of scholarships such as Penn GSE Merit-Based Scholarship, Master of Science in Accounting Scholarships, MPA Merit Scholarships and Tuition waiver, John School Scholarship, Partial Fellowship, and Merit-Based Scholarship.

Ques 3) What is the cost of health insurance in the USA?

Ans: The overall cost of health insurance part in the USA will be around 34,435- 53,566.