2026 Best accounting Degree Programs Ranking in Chicago

What can I expect from accounting degree in Chicago?

The average cost of pursuing an accounting degree in Chicago varies widely depending on the institution and program level. For example, graduates from well-known universities such as DePaul University or Loyola University Chicago typically encounter tuition fees ranging from $15, 000 to $30, 000 per year for undergraduate programs. These costs reflect the city's status as a financial hub and the high quality of education offered. Many students find the investment worthwhile due to strong career support and internship opportunities with major firms in the Chicago area.

Some graduates share that, beyond tuition, additional expenses like textbooks, software licenses used in courses, and CPA exam prep materials can increase overall costs. However, several institutions offer financial aid, scholarships, and part-time study options to help manage expenses without compromising academic progress. Working professionals often appreciate evening or weekend classes designed to balance earning and learning effectively, enabling them to sustain their livelihoods while advancing their expertise in accounting.

This financial commitment often results in rewarding career trajectories, with many alumni securing positions at top firms and enjoying competitive salaries above the national median, which validates the investment in an accounting degree earned in Chicago's vibrant academic environment.

Where can I work with accounting degree in Chicago?

Graduates with an accounting degree in Chicago benefit from a robust job market fueled by the city's vibrant business environment. Many find rewarding careers in public accounting firms, including offices of the Big Four-Deloitte, PwC, EY, and KPMG-where roles often begin as audit associates or staff accountants. These positions provide valuable hands-on experience with auditing, tax, and consulting services.

Others secure positions within corporate accounting departments at multinational companies or innovative startups throughout Chicago. Here, responsibilities commonly include financial reporting, budgeting, and compliance management. Graduates from institutions like the University of Chicago and DePaul University often share how their internships and coursework prepared them to thrive in these dynamic settings.

Additionally, local and federal government agencies offer accounting roles focusing on budgeting and fiscal oversight. Nonprofit organizations and educational institutions such as universities also recruit accounting graduates to manage fund accounting and grant compliance. Many express enthusiasm for contributing to community-focused financial stewardship.

Fintech firms in Chicago provide exciting new paths, blending technology and accounting skills-ideal for graduates eager to work at the forefront of innovation in finance.

How much can I make with accounting degree in Chicago?

Graduates holding an accounting degree from prominent Chicago institutions often find themselves entering the workforce with salaries reflecting the city's strong financial sector. For example, staff accountants in Chicago can expect a mean annual wage of approximately $90, 780, according to the U. S. Bureau of Labor Statistics. This aligns well with data from local career resources indicating starting salaries for such roles typically range between $50, 000 and $60, 000, which matches the experiences of recent graduates from respected schools like DePaul University and the University of Illinois at Chicago.

Other common positions for accounting degree holders include tax preparers, associate auditors, bookkeepers, and accounts payable clerks, each with a mean annual wage near $49, 580. Graduates have found these roles provide a steady and rewarding entry point into the profession, often accompanied by benefits and opportunities for advancement.

The practical knowledge gained through Chicago's academic programs, coupled with the city's competitive market, supports a strong earning trajectory and financial confidence among new accounting professionals.

How long does it take to complete accounting degree in Chicago?

Completing an accounting degree in Chicago typically requires four years of full-time study, aligning with standard undergraduate programs at well-known institutions such as DePaul University and the University of Illinois at Chicago. Many graduates from these schools recall a structured yet flexible curriculum that kept them engaged and on track to graduate within this timeframe.

Some students take advantage of accelerated programs, finishing in as little as three years by enrolling in summer courses or heavier course loads. This approach can be particularly appealing for those eager to enter the workforce sooner and begin their professional accounting careers.

Conversely, part-time options attract students balancing work or family commitments, often extending completion to five or six years. This flexibility allows individuals to manage their responsibilities while steadily advancing toward their degree.

For those targeting CPA licensure, additional education beyond the bachelor's degree is common, with master's programs lasting one to two years, providing the extra credits required. Many Chicago graduates appreciate the city's AACSB-accredited programs for their clear pathways and support, helping maintain timely progression despite challenges.

Professional Certifications to Boost Your Accounting Career

Earning a respected professional certification can set your resume apart and accelerate your trajectory in Chicago’s competitive accounting landscape. The Certified Public Accountant (CPA) credential remains the gold standard, validating expertise in auditing, tax, and financial reporting. To sit for the Illinois CPA exam, you’ll need 150 credit hours, which many Master’s programs in Chicago help you achieve. Additionally, the Certified Management Accountant (CMA) designation focuses on strategic planning and decision support, making it ideal for roles in corporate finance and management accounting. Beyond CPA and CMA, consider the Certified Internal Auditor (CIA) for a deep dive into risk assessment and governance, or the Certified Information Systems Auditor (CISA) if you’re passionate about IT audit and cybersecurity controls. Each certification requires a combination of exam preparation, relevant work experience, and continuing professional education, ensuring you stay current with evolving standards and regulations. For bookkeepers aiming to validate their skills, explore options on which bookkeeping certification is best to find programs tailored to real-world bookkeeping tasks and software proficiency. Chicago’s robust professional networks—such as the Illinois CPA Society and local chapters of the Institute of Management Accountants—offer study groups, mentoring, and exam review courses. Engaging with these communities not only helps you master exam content but also connects you with industry leaders and potential employers. In a market where technology and data analytics are reshaping the role of finance professionals, certifications demonstrate your commitment to excellence, position you for higher salaries, and unlock advanced roles like Financial Controller or Chief Financial Officer. Continuous learning through accredited certifications is key to thriving in Chicago’s dynamic accounting sector.

What's the difference between online and on-campus accounting degree?

Online accounting degrees in Chicago offer remarkable flexibility that appeals to working professionals balancing careers and family life. Graduates from institutions like DePaul University often emphasize how the ability to access lectures and submit assignments remotely allowed them to pursue their education without interrupting their work schedules. In contrast, traditional on-campus programs at schools such as Loyola University Chicago provide invaluable face-to-face interaction with professors and peers, fostering a dynamic learning environment often praised by alumni for enhancing collaboration and mentorship.

Cost considerations also vary significantly. While online programs may reduce expenses by eliminating commuting and housing costs, in-state students attending on-campus classes at University of Illinois at Chicago might find additional fees related to campus facilities and meal plans. However, the immersive campus experience can open doors to local internships through university networks, a recurring benefit noted by those launching their accounting careers within Chicago's competitive finance sector.

Both modalities adhere to the same rigorous curriculum and accreditation standards, ensuring graduates are equally prepared for the CPA exam and professional success. Yet, on-campus students often highlight tangible networking advantages, whereas online cohorts appreciate the convenience and adaptability of virtual study.

What is the average cost of accounting degree in Chicago?

The average cost of a accounting degree in Chicago commonly ranges around a median total expense of $45, 936, with in-state students benefiting from a significantly lower median cost near $28, 560. These figures reflect the diverse tuition rates at Chicago's popular educational institutions where many graduates began their professional accounting careers. For example, public universities like the University of Illinois at Chicago offer more affordable options for residents, allowing students to manage expenses while accessing quality education. Graduates from such programs often share satisfaction with the balance they achieved between cost and the comprehensive curriculum offered.

Private colleges, including reputed establishments in Chicago, generally command higher tuition, contributing to the median numbers. However, students attending these institutions often enjoy additional advantages such as enhanced networking, specialized faculty, and richer campus resources, which can justify the higher expense and foster rewarding career opportunities in accounting. Reflecting on the total expense for accounting degree Chicago 2026, students consider both tuition and supplementary costs, such as materials and living expenses, which are important for comprehensive financial planning.

Community colleges provide an attractive alternative for those mindful of budget constraints, offering associate degrees in accounting at affordable rates. Some students initially pursue a community college route and later transfer to four-year universities, motivated by the option to lower overall education costs. Those interested in completing an associate degree conveniently and promptly may explore an associate's degree online in 6 months, which can accelerate entry into the workforce while managing expenses effectively.

Return on Investment (ROI) and Career Outlook for Accounting Degrees in Chicago, IL

When choosing an accounting program, it’s crucial to assess not only the quality of education but also the potential return on your investment. In Chicago, IL, accounting graduates have consistently demonstrated strong career growth, robust starting salaries, and promising long-term financial gains. An in-depth ROI analysis helps prospective students balance tuition costs with future earning potential and overall career satisfaction. Several factors contribute to a favorable ROI in Chicago’s accounting programs. First, local institutions provide hands-on experiences and internship opportunities that often lead to competitive starting positions. Graduates typically enter the workforce with skills that are immediately applicable, ensuring a swift transition into roles that pay well. Second, the diverse industries within Chicago—from public accounting firms to corporate finance departments—offer a variety of career paths that not only sustain but also enhance earning potential over time. Additionally, it’s valuable to compare how initial costs measure against future salaries. For instance, you might find detailed data on the cost of bachelor's degree in accounting that can help you weigh tuition expenses against job market demands and salary growth projections. This kind of analysis is instrumental for students looking to invest wisely in their education based on long-term career outcomes. By examining starting salaries, career advancement opportunities, and alumni success stories, you can gain a comprehensive understanding of the true value your degree offers. This clarity not only aids in making a well-informed decision but also sets a solid foundation for a prosperous career in the evolving field of accounting.

What financial aid is available to accounting degree students in Chicago?

Accounting students in Chicago commonly access federal financial aid by submitting the FAFSA, unlocking grants, loans, and work-study programs vital for managing tuition costs at institutions like DePaul University and University of Illinois at Chicago. Graduates frequently recall relying on Pell Grants, which provide up to $7, 395 annually without repayment obligations, easing financial pressure significantly.

Many also benefit from Federal Direct Subsidized and Unsubsidized Loans, allowing borrowing up to $20, 500 per year with manageable interest rates. These options are especially helpful for those balancing academics and living expenses.

Local scholarships tailored for accounting students are another crucial support source. For instance, the Illinois CPA Society awards scholarships to those pursuing CPA certification, a path favored by alumni of Loyola University Chicago, enhancing both financial aid and career prospects.

Work-study employment offers practical experience while supplementing income, a benefit highlighted by students at Columbia College Chicago who valued hands-on roles within accounting departments.

State-level aid, such as the Illinois Monetary Award Program (MAP), further assists residents attending public colleges in the area, making education more attainable for many aspiring accountants.

Finding Affordable Accounting Programs in Chicago

When considering accounting degree programs in Chicago, affordability is a crucial factor. Many students are looking for options that offer quality education without breaking the bank. If you're one of them, you might want to explore affordable accounting schools in Illinois, which can provide a great balance between cost and educational value. By researching these programs, you can find an accounting degree that fits your budget and sets you up for success in your future career. This can be particularly important for those who are interested in fields like public accounting, corporate finance, or auditing, where the cost of education can be a significant investment.

What are the prerequisites for enrolling in accounting degree program in Chicago?

To enroll in an accounting degree program in Chicago, applicants must typically hold a high school diploma or GED equivalent, as seen among graduates from institutions like DePaul University and Loyola Chicago. Many students recall that maintaining a GPA around 2. 5 to 3. 0 was essential to meet minimum academic standards, reflecting the competitive nature of these programs. Standardized tests such as the SAT or ACT are often required, though some schools now offer test-optional policies, which can ease the application process.

Prerequisite coursework plays a crucial role. Prospective accounting students usually complete high school classes in algebra, geometry, statistics, and English composition. Graduates frequently highlight how this foundation prepared them for early college-level subjects in economics, finance, or introductory accounting, common requirements at Chicago State University and University of Illinois at Chicago.

Graduate programs expect more rigorous prerequisites, including an accredited bachelor's degree with advanced accounting, business law, and financial management coursework. Many students found meeting these standards rewarding, helping them build confidence and readiness for successful professional careers in Chicago's accounting industry.

Certification and Licensing Pathways for Accounting Graduates

After earning your accounting degree in Chicago, IL, many graduates aim to enhance their credentials through professional certification and licensure. The most recognized credential is the Certified Public Accountant (CPA), which not only validates your technical expertise but also significantly boosts your marketability and earning potential. Beyond the CPA, specialties such as the Certified Management Accountant (CMA) and Certified Internal Auditor (CIA) offer targeted pathways for careers in corporate finance, management accounting, and audit. Key steps to navigate certification and licensing: - Education Requirements: Most state boards require 150 semester credit hours, including a bachelor’s degree in accounting or a closely related field. Chicago programs often integrate these credits into a combined bachelor’s/master’s track to streamline CPA eligibility. - CPA Exam Structure: The Uniform CPA Exam comprises four sections—Auditing & Attestation, Business Environment & Concepts, Financial Accounting & Reporting, and Regulation. Candidates typically spend 3–6 months per section, leveraging review courses embedded in many Chicago curricula. - Experience and Ethics: After passing the exam, you’ll need 1–2 years of supervised accounting experience and, in most jurisdictions, an ethics exam. Local Chicago firms often partner with universities to provide these internship opportunities. - Alternative Certifications: • CMA: Focuses on management accounting and strategic planning. Requires passing two exam parts and two years of professional experience. • CIA: Ideal for those pursuing internal audit roles; entails three exam parts and one year of relevant work experience. Many accounting programs in Chicago include exam review modules, mentorship programs, and partnerships with local firms to support your licensure journey. For cost-conscious students exploring alternative pathways, comparing affordability across regions can be helpful; for example, our Affordable Accounting Degree Programs Ranking in Tampa, FL showcases budget-friendly options in another major metro area.

What courses are typically in accounting degree programs in Chicago?

Accounting degree programs in Chicago typically include core courses such as Financial Accounting, where students learn to record and report financial transactions accurately-skills that graduates often recall applying during internships at local accounting firms. Managerial Accounting courses teach how to use financial data for internal decision-making, an experience many find empowering when working on real-world business projects at popular institutions like DePaul University or Loyola University Chicago.

Students also engage deeply with Intermediate Accounting I and II, covering complex regulations and reporting standards, which graduates praise for fully preparing them to navigate the CPA exam. Cost Accounting provides insight into optimizing business operations, while Auditing trains students on verifying financial compliance-both essential in Chicago's competitive job market.

Additional courses in Business Law, Finance, Economics, and Statistics equip students with a broad understanding of the economic and legal landscape affecting accounting practices. Many graduates highlight how this diverse curriculum at Chicago colleges made them confident and job-ready in a dynamic professional environment.

What types of specializations are available in accounting degree programs in Chicago?

Accounting degree specializations in Chicago offer students a broad spectrum of focused areas designed to enhance career prospects in this competitive financial hub. Graduates from well-known institutions like DePaul University and the University of Illinois at Chicago often highlight specializations such as Tax Accounting, where understanding complex federal and state tax codes is essential. Many find this specialization rewarding, enabling them to support Chicago's diverse businesses in tax planning and compliance.

Top accounting concentration options Chicago include Auditing and Assurance Services, where students learn to verify financial accuracy for corporations, enhancing transparency and stakeholder confidence. Another popular path is Management Accounting, which involves budgeting and strategic decision-making, skills highly valued in the city's dynamic business environment.

Students also appreciate Forensic Accounting, merging investigative skills with accounting to detect fraud-a crucial role given Chicago's large corporate presence. Additionally, Governmental and International Accounting specializations prepare students for public sector and multinational roles, respectively. For those eager to supplement their education with practical advantages, exploring quick courses that pay well can be a strategic choice.

How do you choose the best accounting degree in Chicago?

When selecting the best accounting degree programs Chicago offers, accreditation is paramount. Graduates from AACSB-accredited institutions frequently report confidence in their education and find greater success passing exams like the CPA. For example, students from popular Chicago universities often praise programs that blend rigorous coursework with practical internships at local accounting firms, enhancing both skills and professional networks.

Affordability remains a significant concern, especially for those exploring affordable accounting schools in Chicago. Community colleges and state universities provide cost-effective pathways without sacrificing quality, with many graduates noting how financial aid and scholarships made their education feasible. Exploring options for affordable online masters programs can also be beneficial for those balancing work and study.

Finally, consider graduate outcomes carefully. Chicago's vibrant financial sector offers strong employment prospects, a fact well demonstrated by alumni who have secured positions with leading firms through university career services and networking events. Choosing a program aligned with your career ambitions ensures a rewarding academic journey and promising professional future.

What career paths are available for accounting degree students in Chicago?

Graduates holding an accounting degree in Chicago find abundant career paths across diverse sectors due to the city's status as a financial and commercial hub. Many alumni from well-known institutions secure roles as public accountants, joining major firms such as the Big Four to provide audit, tax, and advisory services. Others pursue careers as management accountants, contributing to Chicago's manufacturing and service industries by managing budgets and monitoring company performance. Financial analyst positions are also common, where graduates analyze market data to guide investment strategies in the city's dynamic financial services sector.

Forensic accounting is gaining traction among Chicago accounting degree career opportunities in Chicago as firms increasingly seek experts to investigate fraud and ensure regulatory compliance. Additionally, graduates often find opportunities as government accountants working within local or federal agencies based in Chicago. Many accounting students from popular Chicago universities balance their studies with professional certifications, enhancing their job prospects and connecting classroom knowledge to real-world applications.

Students interested in advancing their career through reputable and affordable education options can explore best non profit online accredited colleges that offer flexible accounting programs tailored to working professionals.

What is the job market for accounting degree in Chicago?

Chicago's dynamic economy creates a robust environment for accounting degree job opportunities in Chicago, integrating graduates into diverse sectors such as corporate finance, government, and nonprofit organizations. Students from renowned universities in the city often report smoothly transitioning into roles at the Big Four accounting firms or regional enterprises, benefiting from Chicago's status as a key financial hub. This blend of opportunity and experience generates a strong sense of optimism among recent graduates pursuing careers in accounting.

The city's competitive salary levels, with average earnings slightly above the national norm, reflect the value employers place on skilled accountants. Graduates commonly describe hands-on internships and networking at local institutions as instrumental to their career growth, reinforcing the positive Chicago accounting graduate employment outlook. Moreover, increasing demand for proficiency in technology and data analytics within accounting further enhances job prospects.

While tuition can vary between public and private institutions, many find that the investment in an accounting education in Chicago is worthwhile. To complement formal education, students increasingly explore certifications you can get online that pay well to sharpen practical skills and increase employability.