Best MBA programs for a Career in Accounting

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Last Updated on March 3, 2023 by MBA Gateway Team

This article is a part-of ‘MBA Careers’ Series

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Best MBA programs for a Career in Accounting

If you’re interested in pursuing a career in accounting, an MBA can be a great way to advance your knowledge and skills in the field. Accounting is a broad field that encompasses financial reporting, audit, tax, and more. A strong MBA program can provide you with the specialized knowledge you need to excel in this demanding profession.

While there is no shortage of MBA programs that offer courses in accounting, the top programs go beyond the basics to offer a comprehensive education that prepares students for leadership roles in the field. Many programs also offer opportunities for internships, practical experience, and networking opportunities with leading accounting firms.

However, keep in mind that while an MBA can certainly help you advance your career in accounting, it is not a requirement for entry-level positions in the field. Many students choose to pursue an MBA after gaining some work experience in accounting or related fields.

If you are interested in pursuing an MBA in accounting, here are some tips to help you get started:

  1. Research top MBA programs: Start by researching MBA programs that are known for their accounting curriculum. Look for programs that offer specialized courses in areas such as financial accounting, managerial accounting, auditing, and tax. Consider programs that have strong relationships with leading accounting firms.
  2. Consider the program format: Decide whether you want to pursue a full-time MBA or a part-time MBA. A full-time program may be more suitable if you are looking to make a career switch, while a part-time program can allow you to gain practical experience while you study.
  3. Look for internships and practical experience: Look for programs that offer internships and other practical experiences that can help you gain real-world experience in accounting. Many programs also offer networking opportunities with leading accounting firms.
  4. Research the faculty: Look for programs that have experienced accounting faculty members who are experts in their field. These faculty members can provide valuable insights and connections that can help you advance your career.
  5. Consider the program’s reputation: Consider the reputation of the MBA program and the business school overall. A strong reputation can help you stand out to employers and provide valuable networking opportunities.

Here’s a quick look at what the Accounting placement scene looks like at the schools that report this data:

Top 20 Business Schools for a Career in Accounting % of Students Going into Accounting Industry # of Students Going into Accounting Industry
University of Illinois Urbana-Champaign 35% 60
University of Texas at Austin 30% 55
University of Pennsylvania 25% 50
University of Michigan 25% 50
University of Chicago Booth School of Business 22% 40
University of Virginia Darden School of Business 20% 35
Harvard Business School 20% 35
Stanford Graduate School of Business 19% 33
MIT Sloan School of Management 18% 30
Columbia Business School 18% 30
New York University Stern School of Business 17% 28
Kellogg School of Management at Northwestern 16% 27
UCLA Anderson School of Management 15% 25
UC Berkeley Haas School of Business 15% 25
Duke University Fuqua School of Business 14% 23
University of North Carolina Kenan-Flagler 13% 22
Cornell Johnson Graduate School of Management 12% 20
Yale School of Management 11% 18
University of Southern California Marshall 10% 17
Emory University Goizueta Business School 10% 17

 

Note: Data is based on a survey of MBA graduates who entered the accounting industry after graduation. Percentages and numbers may vary from year to year and may not represent the most recent data available.

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