Accounting is a stream of Commerce that accurately records and applies 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. The USA is one of the favourite destinations for international students for several courses; accounting is one of them.
Bachelor of Accounting in the USA educates a student to work and enter the fields of accounts, including Chartered Accountant, Accountant, Auditor and other professionals.
Studying Bachelor of Accounting in the USA can be bright for various reasons. So, without further ado, let’s check out a few reasons for opting for the USA as your study overseas location:
Why Study Bachelor of Accounting in the USA?
Good education is a crucial investment towards forming a solid career. If you plan to pursue an undergraduate degree in Accounting in the USA, you are on your way to becoming a part of an accommodating community.
These are why you should consider a Bachelor of Accounting in the USA.
- Top universities in the USA, like the University of Texas- Austin, the University of Illinois, the University of Southern California, and the University of Michigan, offer bachelor of Accounting degrees.
- The Bachelor of Accounting degree obtained from the USA is revered worldwide.
- There are several specializations and accounting courses in the USA for international students.
- The bachelor of accounting in the USA salary ranges from USD 31,000 to over USD 90,000.
- The 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
Some various universities and colleges offer a Bachelor of Accounting in the USA. All students receive higher work-study flexibility based on their requirements and work schedules.
US colleges for accounting prepare students to be expert, knowledgeable, and professional in their selected degrees and subject. Here are some universities that offer Bachelor of Accounting courses:
- University of Texas at Austin
- Brigham Young University—Provo
- The University of Illinois at Urbana-Champaign
- University of Pennsylvania
- University of Michigan
- University of Texas-Austin
- University of Mississippi
- University of Chicago
- University of Florida
- University of Southern California
Now that we have covered features making studying in the US and intelligent choice and different institutions offering Accounting programs, it is time to look at the financial aspect of this decision.
While getting an education from an international university sounds fun, budgeting and financial planning are essential.
Bachelor of Accounting Fees for International Students
International students must pay more fees to study Bachelor of Accounting in America than domestic students.
The education institutions of America are enlisted as the most prestigious worldwide, which is why Education in America is expensive.
Suppose you are opting to study a bachelor of Accounting in the USA. In that case, you must ensure sufficient finances to get admission to university/college and adequate backing to spend on accommodation, internet subscription, local transport, and food bachelor of Accounting in the USA.
| Universities | Tuition 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 the US
The institutions also offer scholarships and grants to support students study in the 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 qualify the criteria approved by the US government for the Scholarships.
These are some Bachelor of Accounting Scholarships for international students in the 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
|
Talk to an ExpertAdmission Requirements to study Bachelor of Accounting in the USA
Before opting for a Bachelor of Accounting in the 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 a few terms to become eligible for admission. The eligibility criteria to apply to colleges for Accounting in the US are as follows:
The University of Texas at Austin
● Duration: 4 years (Simple) or 5 years (Integrated)
● Requirements:
o Complete the 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 a 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 the Application Form
o Copy of the Transcripts (English translations required if the original document is in the native language)
o List of Additional Programs Taken with High School Education
o Qualifying for the ACT, GRE, ACT, or GMAT examinations
o Copy of a Valid Passport
o Proof of Funding
o Proof of Financial Support (if applicable)
● Application Intake: January (usually the 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 on 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 the USA
A 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 simple. However, one must remember different types of visas apply to different situations.
Applying for Student Visa in the USA
To help you categorize and understand the types of Visas available, we have provided a brief introduction with all options: There are three major types of Visa applications offered by the USA:
● F1 visa: Students often use it as a post-study work visa, and it is for non-immigrants who want to study in the 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 for students 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 completing the degree, a student can work for up to 6 months.
Job opportunities for Bachelor of Accounting in the USA
Demand for employing accountants and auditors will grow by 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 the USA, you can go for the following job profiles (the 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)
Accountants can work in private and public firms, governmental institutions, and corporations.
Permanent Residency in the USA
Further, there are various conditions you need to qualify under visa application and get a work permit in the USA after completing 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 participate 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 a Manager or Executives
● Labor Certification
● Knowledge as Teachers/ Professors
