Bachelor of Accounting in USA

Bachelor of Accounting in USA

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Jyoti L.Mon Aug 02 2021

Accounting is a stream of Commerce that deals with accurate recording and application of data related to financial income or expenses, investment, business, organisations etc. 

It is the language of business and offers a variety of career opportunities in both the private and public sectors. USA is one of the favourite destinations for international students for a number of courses, accounting being one of them. 

Bachelors of Accounting in USA educates a student to work and enter in the fields of accounts, including, Chartered Accountant, Accountant, Auditor and others professional.

Studying Bachelor of Accounting in USA can be a smart decision for various reasons. So, without further ado, let’s check out a few reasons for opting for USA as your study overseas location:

Why Study Bachelors of Accounting in USA?

Good education is a crucial investment towards forming a strong career. If you are planning to pursue an undergraduate degree in Accounting in the USA, then you are on your way to becoming a part of an accommodating community. 

These are the reasons why you should be considering a Bachelor of Accounting in USA. 

  • Top universities of USA like University of Texas- Austin, University of Illinois, University of Southern California, University of Michigan etc. offer bachelor of Accounting degrees.
  • The Bachelor of Accounting degree obtained from USA is revered all around the world.
  • There are a number of specializations and accounting courses in USA for international students.
  • The bachelor of accounting in USA salary ranges from USD 31,000 to more than USD 90,000.
  • USA is house to numerous multinational and multi-billion companies like Amazon, Deloitte, Cherry Bekaert etc. where you can pursue your accounting career.

Top Universities to Study Accounting in the USA

There are various universities and colleges that offer a Bachelor of Accounting in USA. All students receive higher work-study flexibility, based on their requirements and work schedules.

The colleges for Accounting in US prepare a student expert, knowledgeable, and professional in their selected degree and subject. Here are some universities that offer Bachelors of Accounting courses:

  1. University of Texas at Austin
  2. Brigham Young University—Provo
  3. The University of Illinois at Urbana-Champaign
  4. University of Pennsylvania
  5. University of Michigan
  6. University of Texas-Austin
  7. University of Mississippi
  8. University of Chicago
  9. University of Florida
  10. University of Southern California

Now that we have covered features making study in the US is a smart choice and different institutions offering Accounting programs, it is time that we take a look at the financial aspect of this decision.

 While getting an education from an international university sounds fun, budgeting and financial planning are important.

Bachelor of Accounting fees for International Students

To Study Bachelor of Accounting in America, international students have to pay more fees as compared to domestic students. 

The education institutions of America are enlisted as the most prestigious across the world and this is the reason that Education of America is expensive.

If you are opting to study bachelor of Accounting from the USA you have to make sure that you have sufficient finances to get admission to university/college and adequate backing to spend on accommodation, internet subscription, local transport, and food bachelors of Accounting in the USA.

UniversitiesTuition and Fees
The University of Texas at Austin$39,322
University of Illinois--Urbana-Champaign$34,312
University of Pennsylvania$60,042
University of Michigan--Ann Arbor$52,266
Indiana University--Bloomington$37,600

Bachelor of Accounting Scholarships for International Students in US

The institutions also offer numerous Scholarships and grants to support the student’s study in US experience. Every scholarship program has its eligibility criteria to cover the fee.

 Mostly, scholarships are given based on merit, grades and ranking allocation of the student. If you want to take a scholarship you must have to qualify the criteria approved by the USA government for the Scholarships.

These are some Bachelor of Accounting Scholarships for international students in US. 

  • NABA Scholarships
  • Fellowship Program in Accounting
  • Accountancy Board of Ohio Education Assistance Program
  • Economic Club Business Study Abroad Scholarship
  • Dr. Kenneth R Austin and Janet Austin Graduate Scholarship
  • Kaufman Memorial Scholarship
  • Account for your Future Scholarship

Admission Requirements to study Bachelor of Accounting in USA

Before opting for a Bachelor of Accounting in USA, one needs to understand the distinct admission process for the students. 

While the overall process is similar, international applicants may have to provide additional documents and comply with few terms to become eligible for admission. The eligibility criteria to apply in colleges for Accounting in US are:

The University of Texas at Austin

●      Duration: 4 years (Simple) or 5 years (Integrated)

●      Requirements:

o   Complete Application Form

o   All Transcripts (share directly with the University) (Translated forms if the original is not in English)

o   Adequate SAT and ACT Scores. GMAT or GRE may be required for the selected course)

o   Proof of Financing

o   Proof of Financial Support (if applicable)

o   Copy of Valid Passport

o   Personal Statement/ Essay

o   2 Letters of Recommendation (optional for Undergraduate applicants)

o   Marks from English Proficiency Test- TOEFL (iBT- 79) & IELTS (6.5)

●      Application Intake: Fall (Regular- December) or Spring (October)

●      Application Fee: USD 90

Brigham Young University—Provo

●      Duration: 4 years (full-time)

●      Requirements:

o   Official Transcripts assessed by World Education Services or International Research Education Foundation

o   English Language Proficiency test scores- TOEFL (80), IELTS (6.5), CAE (180), & PTE (53)

o   Minimum grades required inapplicable (SAT/ ACT/ GRE/ GMAT/ MCAT) examinations

o   Applicants must get their Ecclesiastical Endorsement from BYU

o   Proof of Financing (including study, stay, and other expenses)

o   International Applicants (undergraduate) will also have to provide a USD 4000 escrow deposit after receiving Admission Form & Letter. It can be paid through mail, online transaction, or phone.

●      Application Intake: Spring/Summer/Fall Session (December) & Winter Session (August)

●      Application Fee: USD 35

The University of Illinois at Urbana-Champaign

●      Duration: 4 Years

●      Requirements:

o   Complete Application Form

o   Copy of the Transcripts (English translations required if the original document is in native language)

o   List of Additional Programs taken with High School education

o   Qualifying ACT, GRE, ACT, or GMAT examinations

o   Copy of Valid Passport

o   Proof of Funding

o   Proof of Financial Support (if applicable)

●      Application Intake: January (usually first week)

●      Application Fee: USD 75

University of Pennsylvania

●      Duration: 4 years

●      Requirements:

o   Filled Application Form (with no errors)

o   Complete Academic Transcripts (should be shared with the University directly) (Certified translated copy must be attached if the original is not in English)

o   Scores of SAT or ACT and GMAT or GRE

o   English Proficiency Test Scores- IELTS (7.0) & TOEFL (iBT- 100, CBT- 250, & PBT- 600), or DET (120)

o   Letter of Recommendation (from the Counselor and 2 Academic Staff for Undergraduate applicants)

o   Penn Essay

o   Proof of Fiscal Support

o   Copy of Valid Passport (showing name, DOB, and photo of the applicant)

o   Request Form (number I-20)

o   Applicants may also have to provide a Portfolio or Resume

o   All candidates will appear for an Interview

●      Application Intake: November & January

●      Application Fee: USD 75

University of Michigan

●      Duration: 1 year (Major) or 4 years (BBA)

●      Requirements:

o   Applicable Transcripts

o   Letter of Recommendation (if needed)

o   Scores from Standardized Exams

o   Essay (with required word count)

o   Statement of Purpose

o   Resume and Portfolio of the Applicant

o   English Language Proficiency IELTS (7.0) & TOEFL (iBT 100 or Paper-based 600)

●      Application Intake: October – February

●      Application Fee: USD 90

Visa for Study in USA

Visa is the most important and mandatory document for any student planning to study abroad. Applying for a student visa to study in the USA is a simple process. However, one must remember, there are different types of visas that are applicable for different situations.

Applying for Student Visa in the USA

To help you categorize and understand the types of Visa available, we have provided a brief introduction with all options: There are major three types of Visa applications offered by the USA:

●      F1 visa: It is often used by the students as a post-study work visa and it is for those non-immigrants who want to study in USA. It is valid only for the duration of the undergraduate degree in Accounting. It allows students to work on campus and full time in the summer holidays.

●      J1 visa: This visa is only valid to those students who are selected to participate in and exchange educational and cultural programs. It allows you to teach, study, research, work as an intern, counsellor, etc.

●      M1 visa: This visa helps those non-immigrants who want to pursue a non-academic and vocational course in the USA. It is valid only for one year, but you can extend it for 3 years.  After completion of the degree, a student can work for up to 6 months.

Job opportunities for Bachelors of Accounting in USA

Demand for employing accountants and auditors is likely to grow at 4% between 2019 and 2029. The growing complexities in the tax regimes and regulatory framework is likely to increase the demand in auditing and accounting domains.

With a Bachelor of Accounting degree from USA, you can go for the following job profiles (salary listed is based on average yearly income):

●      Financial Analyst ($67901)

●      Actuary ($111,030)

●      Forensic Accountant ($79,929)

●      Private Financial Advisor ($89,330)

●      Environmental Accountant ($57,972)

The accountants can work in private and public firms, governmental institutions, and different corporations.

Permanent Residency in the USA

Further, there are various conditions that you need to qualify under visa application and to get a work permit in the USA after completion of your undergraduate degree in Accounting

Even a student should check the update related to work permits in the USA.

Students with M1 and F1 visas will be allowed to take part in special training courses organized by the institution. 

They are also eligible for starting work on/off-campus, based on their education level. Immigrant students will be granted permanent residency in the following cases:

If they have exceptional-

●      Talent in Business, Science, Education, etc. fields

●      Experience as Managers or Executives

●      Labor Certification

●      Knowledge as Teachers/ Professors

 

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