Studying accounting in the USA can provide Indian students with incomparable opportunities to earn a degree and help set themselves up for the better. As technology advances, so does the field of accounting, presenting even more exciting opportunities for those who choose to study abroad in the United States.
Accounting is a highly specialized field that involves the management of financial information for businesses and individuals. As a critical component of the global economy, accounting offers a wide range of career opportunities for individuals with the right education and skills. In this article, we will explore some of the key benefits of studying accounting in the USA for Indian students.
Why Study Accounting in the USA
As an Indian student considering studying accounting, you may be wondering why you should choose the United States as your destination. There are several reasons why the US is an excellent choice for Indian students pursuing an accounting degree.
Home to Top Accounting Schools in the World
Many of these schools have a long history of producing successful graduates who go on to work in prestigious firms and companies across the globe. The US News School Rankings ranks the top schools for Accounting annually based on a variety of criteria, including faculty quality, student engagement, and academic reputation. Some of the top schools include the University of Texas, the University of Pennsylvania, the University of Illinois-Urbana Champaign, and the University of Chicago.
US Job Market for Accountants is Incredibly Robust
With a degree in accounting, you will have access to a wide range of job opportunities in various industries. According to the US Bureau of Labor Statistics, the job outlook for accountants and auditors is projected to grow 6% from 2021 to 2031, which is faster than the average for all occupations.
Opportunity to Gain Practical Experience Through Internships and Co-op Programs
Many schools have partnerships with accounting firms and companies, providing students with the chance to work in real-world settings and build their professional network. This practical experience can be invaluable when it comes to finding employment after graduation.
Great Way to Broaden Your Horizons
You will have the opportunity to interact with students from all over the world and immerse yourself in the rich diversity of American culture. Studying accounting in the USA can expose you to different cultures, customs, and ways of doing things. You will interact with people from all over the world, and this exposure can help you develop a more global perspective.
Where to Study Accounting in the USA
Indian students who wish to study accounting in the United States may find it challenging to decide on the best location for their studies. The United States is a vast country with several regions that house top schools in accounting.
Conducting research into different regions of the United States will allow Indian students to learn about the various cultures, climates, and lifestyles that come with each location, ultimately enabling them to make a choice that best aligns with their preferences and goals.
Northern United States
The Northern United States offers great opportunities for Indian students interested in studying accounting. With top schools in accounting and attractive cities like Boston and New York, students will find challenging career opportunities, academic and financial support, and top-notch facilities. These schools are also a great stepping stone for future master’s or doctoral studies.Â
Southeast United States
Spreading throughout the region, state schools in North and South Carolina, Georgia, and Florida offer quality education and a great reputation. Many international students choose these universities for the educational benefits and affordable tuition rates, with Florida having some of the cheapest in the nation. In addition to quality education, cities like Atlanta, Jacksonville, and Miami offer a growing atmosphere and superb weather, making the Southeast an ideal location for those who prefer a warm or tropical climate.
Top-ranked Schools to Study Accounting in the USA
The United States is home to some of the world’s top schools for accounting, making it a prime destination for international students seeking quality education in this field.
Here are the top-ranked schools for Accounting in the United States according to US News School Rankings, along with their standout qualities.
University of Texas
The McCombs School of Business at UT Austin is renowned for its incredible accounting program that offers both undergraduate and graduate programs with a variety of different concentrations and courses.
University of Pennsylvania
The accounting department at Penn’s Wharton School of Business is highly interdisciplinary, taking on several subjects including mathematics, finance, statistics, and auditing. Penn boasts one of the best faculties in accounting of any school in the nation and has one of the largest business departments of any university in the United States.
University of Illinois-Urbana Champaign
The graduate degree in Accounting at this school is considered one of the top 2 in the state of Illinois, and the university is becoming known for having some of the best business-related programs. Only around 200 graduate students are accepted for their accounting program each year.
University of Chicago
This private university located in the massive business city of Chicago, Illinois has an internationally recognized faculty and a great reputation for accepting international students from around the globe. UChicago puts out some of the top students in accounting practicing all over the nation and world.
Studying accounting in the USA has numerous advantages for Indian students. With its dedication to innovation and technological advancement, the US is equipped to prepare Indian students for success in the future of accounting. Its vast number of schools allows for an individualized experience that can help forge their own path towards an exciting career. With all it has to offer, studying accounting in the USA will equip Indian students with unrivaled skills to thrive in a growing field both now and in the future.