Best Accounting Schools in Vermont for 2025 – How to Become a CPA in VT

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist

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Vermont is the second-least populated state in the United States (US) and the sixth-smallest in terms of area (US Census Bureau, 2021, 2022). It also has one of the smallest economies and ranks 41st for its recent economic performance (Rich States, Poor States, 2023). Fortunately, if you are an aspiring Vermont CPA (certified public accountant), you are projected to still have a positive career outlook in the state.

Our team at Research.com created this detailed guide to becoming a Vermont CPA to help you establish a thriving career in your home state. With a high earning potential in the field, even non-residents may be swayed to move cities and start a life in Vermont as accounting professionals.

Best Accounting Schools in Vermont Table of Contents

1. Is Accounting a good job in Vermont?
2. What are the steps to becoming a Vermont CPA?
3. Accounting Program Length in Vermont
4. Tuition and Costs of Accounting Programs in Vermont
5. Vermont Schools Offering Accounting Programs for 2025
6. What to Look for in an Accounting Program in Vermont
7. How can online programs support busy accounting students in Vermont?
8. How to Balance Work and Study in Vermont's Accounting Programs
9. Should I Pursue a Master's Degree in Accounting in Vermont?
10. How can integrating forensic science skills bolster your accounting career in Vermont?
11. What challenges do Vermont accounting professionals face?
12. How can integrating healthcare coding skills boost your accounting career in Vermont?
13. What emerging trends are shaping the future of Vermont accounting?
14. Can accounting skills open a pathway into urban planning in Vermont?
15. Can accounting professionals explore high school teaching as an alternative career path in Vermont?
16. Career Growth Opportunities for Vermont Accounting Graduates
17. What Alternative Career Paths Are Available in Vermont?
18. How can additional professional certifications complement your career in Vermont?
19. Can accounting professionals transition into educational roles in Vermont?

Is Accounting a good job in Vermont?

A Vermont CPA salary may be able to support a comfortable lifestyle based on the substantial income potential of accountants and auditors as well as the relatively low cost of living in the state. The US is also currently experiencing a shortage of accounting professionals, as revealed by many—small, medium, and large businesses. Thus, a career in the field may be personally and financially fulfilling, considering the employment outlook and the payoff.

1. Cost of Living. Vermont residents can get by with an annual gross income of $34,992. The amount includes basic personal expenses, such as housing costs ($10,532), food costs ($4,559), and transportation fees ($4,470) (Glasmeier & Massachusetts Institute of Technology, 2023).
2. Income Potential. A Vermont CPA can earn more than twice the standard cost of living in the state ($34,992). In May 2022, accountants and auditors in Vermont had a mean annual wage of $81,790 [US Bureau of Labor Statistics (BLS), 2023].
3. Career Opportunities. A finance and accounting major may expect a rewarding educational and professional career in Vermont. Local accounting programs’ enrollment levels have decreased as the number of retirees increases. Thus, unfilled accounting jobs in Vermont are more abundant than ever as professionals in the field continue to be in high demand.

What are the steps to becoming a Vermont CPA?

As of May 2022, only 2,280 accountants and auditors were employed in Vermont, with one of the lowest employment-per-1,000-residents ratios among all US states (7.76) (US BLS, 2023). One of the reasons may be the difficulty of fulfilling Vermont CPA requirements. Once you finish your bachelor’s degree in accounting, you will need to complete additional courses, take the Uniform CPA Examination, and gain adequate professional experience before you are eligible to become a licensed CPA. Read through the following steps to learn more about the specifics of the certification process.

1. Earn a bachelor’s degree in accounting and 30 additional credits.

A Vermont CPA must have earned at least 120 semester hours of general education and major courses and an additional 30 semester hours of accounting and business courses. These classes must include financial accounting, managerial accounting, auditing, taxation, and business law. Notably, employed individuals may find opting for an online degree in accounting beneficial in terms of flexibility and affordability.

2. Apply to take the Uniform CPA Examination.

Once you finish your educational requirements, you may apply for the Uniform CPA Examination. The National Association of State Boards of Accountancy (NASBA) contacts CPA candidates for their Notice to Schedule (NTS), signaling they may schedule their examination dates. Examination results are mailed to candidates once finalized.

3. Complete a professional ethics course and pass the ethics examination for accountants.

The ethics course must be equivalent to four hours of continuing professional education. The class must educate CPA candidates on the code of conduct established by the American Institute of Certified Public Accountants (AICPA) and the regulations set by the Vermont Board of Accountancy.

4. Gain 1 year of professional accounting experience.

CPA candidates are expected to work 2,080 hours at public Vermont accounting jobs and must be supervised by a CPA licensed by the state. The supervisor then creates and submits reports on CPA candidates’ performance to the Vermont Board of Accountancy.

Accounting Program Length in Vermont

A bachelor’s level accounting program in Vermont generally takes four years to finish, typically equivalent to 120 credit hours. However, board regulations require Vermont CPA candidates to earn 150 credit hours of general, accounting, and business education. Thus, aspiring accountants must take up 30 extra credits after graduating from their program to meet the academic qualifications.

Tuition and Costs of Accounting Programs in Vermont

On-campus undergraduate accounting programs in Vermont may cost between $416 and $2,603.33 per credit. In-state students can expect to spend between $416 and $2,603.33 per credit, while out-of-state students can expect between $833 and $2,603.33 per credit (Vermont State University & Norwich University, 2023). However, these figures may not include other college fees, such as books and supplies, and do not cover personal expenses, such as housing, food, and transportation.

Vermont Schools Offering Accounting Programs for 2025

An aspiring Vermont CPA may choose among the following accredited academic institutions to start their careers. These colleges provide students with foundational education and training in accounting, business, taxation, auditing, and advanced accounting systems used by professionals today, among other areas necessary to become a qualified CPA.

1. University of Vermont

The University of Vermont offers its on-campus Bachelor of Science in Business Administration, Accounting Concentration, with a 120-credit requirement to graduate. Resident students are charged $678 per credit, while non-resident students are charged $1,720.

Accreditation:

1. New England Commission of Higher Education (NECHE)
2. Association to Advance Collegiate Schools of Business (AACSB)

Common Courses Offered:

1. Intermediate Accounting
2. Accounting Information Systems
3. Management Accounting
4. Taxation
5. Auditing

2. Northern Vermont University

Northern Vermont University provides Vermont CPA candidates with the opportunity to earn a double degree in accounting and management. Unfortunately, the program’s graduation requirement of only 87 credits is well below the 150-credit requirement of the NASBA. Therefore, students of this university must take up additional credits to be eligible to apply for certification. Moreover, the university is accredited by NECHE, but its accounting program is not accredited by the AACSB and the Accreditation Council for Business Schools and Programs (ACBSP).

Accreditation: NECHE

Common Courses Offered:

1. Intermediate Accounting
2. Financial, Managerial, and Cost Accounting
3. Business Law and Ethics
4. HR, Project, and Financial Management
5. Taxation
6. Economics
7. Statistics

3. Champlain College

Champlain College offers its on-campus Bachelor’s Degree in Accounting in two formats: the traditional four-year degree program and the accelerated degree program. Both formats provide students with 120 credits worth of accounting and business education, but the accelerated program enables Vermont CPA candidates to complete their undergraduate education in only three years. Moreover, undergraduate programs at Champlain College cost $1,366.67 per credit.

Accreditation:

1. NECHE
2. ACBSP

Common Courses Offered:

1. Fundamentals of Business, Accounting, and Marketing
2. Intermediate and Advanced Accounting
3. Financial Accounting and Management
4. Accounting Information Systems
5. Analytics Management
6. Taxation
7. Auditing

4. Vermont State University

Vermont State University also provides aspiring Vermont CPA professionals with a 120-credit Bachelor of Science in Business Administration, Accounting Concentration. Resident students pay $416 per credit, while non-resident students pay $833 per credit. While the university is accredited by NECHE, its accounting program is not accredited by the AACSB and the ACBSP.

Accreditation: NECHE

Common Courses Offered:

1. Management
2. Marketing
3. Business Communication
4. Business Law
5. Analytics
6. Economics

5. Norwich University

Norwich University offers a Bachelor of Science in Accounting degree program that costs $2,603.33 per credit as of 2023. The program aims to equip students with a strong foundation of accounting knowledge, skills, and experience for professional application. Like the other accounting programs, Norwich teaches Vermont CPA candidates to utilize accounting technologies used in various work settings, including industry and government.

Accreditation:

1. NECHE
2. ACBSP

Common Courses Offered:

1. Basic, Intermediate, and Advanced Accounting
2. Cost Accounting
3. Data Analytics
4. Business Law
5. Auditing
6. Taxation
7. Finance

What to Look for in an Accounting Program in Vermont

Becoming a licensed accountant takes commitment, so you must use data-based decision-making to select your undergraduate program and academic institution. Explore the following criteria to help you decide and assess other important factors to ensure that you receive the best available education and training.

1. Accreditation. The accreditation status of an institution and program demonstrates the quality of the faculty and program curriculum. Graduating from an accredited school assures employers, the Vermont Board of Accountancy, and the NASBA that you are expertly trained and equipped to fulfill your responsibilities as a professional. Your institution may also allow you to build a robust professional network with colleagues or in official organizations, such as the Vermont Society of CPAs.
2. Affordability. The cost of attendance at a university or college is a major factor when choosing your academic institution. Many affordable accounting schools are capable of providing you with good-quality education. Notably, you may apply for scholarships for financial support.
3. Program Requirements. Research the admission requirements of your preferred institutions and assess if you are qualified based on your academic performance. Moreover, check their program curricula to verify if they offer the general education, major courses, and additional courses required of CPA candidates by the NASBA.

How can online programs support busy accounting students in Vermont?

Online accounting programs in Vermont offer a flexible and efficient option for students who need to balance their education with work or other commitments. With the ability to complete coursework remotely, students can tailor their learning schedules around professional or personal obligations. This flexibility is particularly beneficial for those already working in accounting or related fields, as it allows them to continue gaining practical experience while pursuing their degree.

In addition to flexibility, many online accounting programs offer asynchronous classes, meaning students can access course materials, lectures, and assignments at any time during the week. This model enables students to progress at their own pace, which can help them manage their time more effectively and reduce the stress of fixed deadlines.

For individuals interested in specializing further, pursuing an online graduate degree or certification can also be a valuable choice. For instance, a best online forensic accounting degree offers an opportunity for students to focus on a niche within accounting, helping them to stand out in a competitive job market. With the added benefits of remote learning, these programs help students develop expertise in high-demand areas without sacrificing their current professional roles.

Online programs in Vermont make obtaining a CPA credential more accessible to individuals across the state, including those in rural or remote areas, and offer affordable and convenient educational pathways for aspiring accountants.

How to Balance Work and Study in Vermont's Accounting Programs

Balancing work and study is a common challenge for many accounting students in Vermont. Fortunately, there are several options for managing both commitments effectively.

• Flexible Class Schedules: Many Vermont schools, including the University of Vermont and Norwich University, offer evening and weekend classes catering to working professionals who cannot attend during regular business hours.
• Part-time Enrollment: For students who need more time to complete their degrees, part-time enrollment options are available. These allow students to pace their education while maintaining their work commitments.
• Online Programs: Schools like Vermont Technical College offer online accounting programs that allow students to complete coursework from anywhere. This offers great flexibility for those who balance jobs, family, or other responsibilities.
• Internships: Internships are a valuable way to gain practical experience while studying. Many Vermont accounting programs have partnerships with local businesses that offer internships, which can help students gain work experience, build professional networks, and increase their chances of securing full-time employment after graduation.
• Time Management Resources: Institutions often provide resources like workshops, advising, and counseling to help students manage their time. These services can help students balance schoolwork, personal life, and professional obligations.

Should I Pursue a Master's Degree in Accounting in Vermont?

A master's degree in accounting serves as a catalyst for professionals seeking advanced analytical skills and specialized knowledge in financial regulations, risk management, and strategic business insight. This credential can elevate career prospects by opening access to higher-level roles and leadership positions, particularly in firms where technical expertise and decision-making are highly valued. Moreover, the rigorous curriculum and networking opportunities available through graduate programs provide a platform for practical engagement with contemporary industry challenges. For a detailed assessment of the financial and professional return on investment, consider whether is a masters in accounting worth it.

How can integrating forensic science skills bolster your accounting career in Vermont?

Accounting professionals who incorporate forensic science methodologies position themselves as valuable assets in fraud detection, compliance monitoring, and financial investigations. Developing expertise in this interdisciplinary area enhances analytical capabilities and supports the identification of financial irregularities, which can be critical in litigation or risk management settings. This specialized approach not only differentiates professionals in a competitive market but also broadens career avenues into roles that require investigative acumen. For those interested in advancing these skills, exploring an advanced forensic science degree in Vermont can provide practical insights tailored to the evolving demands of the industry.

What challenges do Vermont accounting professionals face?

Vermont’s accounting landscape presents unique challenges that demand proactive strategies. Professionals must navigate evolving state regulations and meet rigorous continuing education requirements to maintain licensure, all while adapting to rapid technological advancements that reshape financial reporting and analysis. Moreover, the competitive local job market necessitates continuous skill enhancement to stand out, making supplemental credentials—such as an accounting certification online—a strategic asset. Emphasizing targeted professional development and active engagement with local accounting associations can further mitigate these obstacles and support long-term career success.

How can integrating healthcare coding skills boost your accounting career in Vermont?

Accounting professionals in Vermont can diversify their expertise by acquiring healthcare coding skills, which not only broadens career opportunities but also adds value in environments where clinical operations intersect with financial management. This interdisciplinary approach can improve efficiency in patient billing, compliance, and audit processes within healthcare organizations. For instance, mastering how to be a medical coder in Vermont equips accountants with specialized knowledge that enhances their ability to manage complex revenue cycles and regulatory challenges in the healthcare sector, thereby increasing professional versatility and market competitiveness.

What emerging trends are shaping the future of Vermont accounting?

Recent shifts in digital technology and regulatory frameworks are influencing how accounting tasks are performed in Vermont. Accountants are now expected to integrate advanced data analytics and automation tools into their workflow, leading to more efficient and accurate financial reporting. Concurrently, continual updates in state compliance standards demand that professionals remain vigilant and informed, including keeping abreast of the latest CPA requirements in Vermont. These trends present opportunities for enhanced risk management and operational excellence, helping Vermont CPAs maintain a competitive edge in a rapidly evolving industry.

What are the benefits of pursuing an online accounting program in Vermont?

Online accounting programs offer numerous advantages for aspiring accountants in Vermont, particularly for those balancing work, family, or other commitments. These programs provide a flexible and convenient way to complete required coursework without being tied to a physical campus.

One of the primary benefits of online accounting programs is their cost-effectiveness. Many programs offer lower tuition rates compared to traditional on-campus options, and students save on commuting and housing expenses. Moreover, Vermont residents can explore financial aid options to further reduce their educational costs.

Another advantage is the flexibility of online programs, allowing students to tailor their schedules around existing responsibilities. This is particularly useful for professionals seeking to advance their careers or individuals pursuing additional credits to meet Vermont CPA requirements. For instance, some of the top online accounting programs provide accelerated courses, enabling students to graduate more quickly and begin earning sooner.

Online accounting programs are increasingly recognized for their quality and rigor. Accredited institutions in Vermont ensure that students receive the same level of education as their on-campus counterparts, equipping them with the skills and knowledge to excel in the field. With these benefits, online accounting programs are a compelling option for anyone aiming to become a Vermont CPA.

Can accounting skills open a pathway into urban planning in Vermont?

Accounting professionals can apply their expertise in financial analysis and budget management to roles in urban planning, particularly when projects require rigorous financial forecasting and cost-benefit evaluation. Their skills in data interpretation and audit precision can also support public sector initiatives and community development ventures, where aligning fiscal resources with sustainable growth is essential. Exploring this interdisciplinary approach may provide a competitive edge in emerging municipal projects and public policy programs; for more detailed insights, review how to become an urban planner in Vermont.

Can accounting professionals explore high school teaching as an alternative career path in Vermont?

Accounting professionals with strong analytical and quantitative skills may consider leveraging their expertise in secondary education, where real-world financial insights can enhance student learning in mathematics and related subjects. High school teaching provides a unique opportunity to blend industry know-how with educational innovation, addressing gaps in practical applications of math and financial reasoning in the classroom. For specific steps and requirements, refer to how to become a high school math teacher in Vermont.

Career Growth Opportunities for Vermont Accounting Graduates

Accounting graduates in Vermont have access to diverse career opportunities across industries, making their skill set highly versatile. Several pathways exist to leverage your CPA certification effectively, including roles in public accounting, corporate finance, nonprofit organizations, and government agencies. Accountants in Vermont often play integral roles in financial planning, auditing, and strategic decision-making, which are in demand in today’s economy.

Graduates seeking leadership roles may consider increasing their qualifications through advanced degrees or professional certifications. Completing an MBA from one of the best business schools in Vermont equips professionals with management and analytical skills that complement their accounting expertise. These combined competencies make candidates more competitive for high-ranking positions, such as Chief Financial Officer (CFO) or Financial Controller.

Networking also plays a critical role in career advancement. Participating in local accounting associations or attending events hosted by organizations like the Vermont Society of CPAs can open doors to mentorships and job opportunities. Additionally, staying current on industry trends, such as emerging technologies and green accounting practices, positions graduates as innovative professionals equipped to meet the market’s evolving needs.

For new graduates, internships and entry-level roles at reputable accounting firms or businesses provide valuable hands-on experience. Whether choosing to specialize in niches like forensic accounting or general financial consulting, Vermont’s job market offers promising avenues for sustainable career growth while maintaining a well-rounded professional trajectory.

What Alternative Career Paths Are Available in Vermont?

For individuals who are interested in exploring other career options beyond accounting, there are several alternatives available in Vermont. Those who enjoy working with numbers and have strong analytical skills may find careers in finance, data analysis, or mathematics to be a good fit. Alternatively, individuals who are passionate about education may consider pursuing a career as an elementary school teacher, which can be a rewarding and challenging profession. To learn more about the requirements for becoming an elementary school teacher in Vermont, visit the elementary school teacher requirements in Vermont page. This resource provides detailed information on the steps necessary to become a certified teacher in the state, including education and training requirements, certification processes, and job outlook. By exploring these alternative career paths, individuals can find a profession that aligns with their skills, interests, and values, leading to a fulfilling and successful career in Vermont.

How can additional professional certifications complement your career in Vermont?

Professionals in Vermont may enhance their career potential by diversifying their certifications beyond traditional accounting. Expanding your credentials can open opportunities in sectors where financial expertise and specialized skills intersect, such as healthcare administration and management. This combined expertise can position you for roles that require both fiscal oversight and industry-specific acumen. For example, if you are considering a pathway in healthcare, explore how to become a nurse practitioner in Vermont as a potential avenue to broaden your professional prospects.

Can accounting professionals transition into educational roles in Vermont?

Vermont’s dynamic professional landscape enables accountants to leverage their analytical and financial expertise in educational settings. By integrating industry experience with targeted pedagogical training, professionals can pursue complementary roles in curriculum development, academic leadership, or technical instruction. This transition requires meeting specific educational prerequisites and acquiring credentials that validate teaching proficiency. For detailed insights into the necessary academic qualifications, refer to what degree do you need to be a teacher in Vermont. A well-defined professional development strategy can facilitate this career pivot, ensuring that experienced accountants align their skills with the evolving requirements of Vermont’s educational sector.

Succeed as a Vermont CPA

The job of accounting professionals can be demanding. Businesses of any size depend on accountants for insights into their financial health and performance outlook. Because of their crucial role in the efficiency of running organizations, they are sought-after and offered hefty compensation packages. Thus, pursuing a career as a Vermont CPA may be the key to your professional success. Moreover, seeking employment as an accountant at a company with management with whom you share similar principles and characteristics may ultimately contribute to your personal success.

References

1. Glasmeier, A. K. & Massachusetts Institute of Technology. (2023). Living Wage Calculation for Vermont. https://livingwage.mit.edu/states/50/locations
2. Rich States, Poor States. (2023). Vermont. https://www.richstatespoorstates.org/states/VT
3. US Bureau of Labor Statistics. (2023, April 25). Occupational Employment and Wages, May 2022, 13-2011 Accountants and Auditors. Occupational Employment and Wage Statistics. https://www.bls.gov/oes/current/oes132011.htm
4. US Census Bureau. (2022, July 1). Population Estimates, July 1, 2022, (V2022). https://www.census.gov/quickfacts/fact/map/GA/PST045222
5. US Census Bureau. (2021, December 16). State Area Measurements and Internal Point Coordinates. https://www.census.gov/geographies/reference-files/2010/geo/state-area.html