2026 Best accounting Degree Programs Ranking in Minnesota

What can I expect from accounting degree in Minnesota?

The average cost of pursuing an accounting degree in Minnesota varies depending on the type of institution you choose. For example, graduates from well-known public universities often share that tuition and fees for a bachelor's degree hover around $15, 000 to $20, 000 per year for in-state students, making it a manageable investment when balanced with scholarships or work-study opportunities. Private colleges, popular among some accounting students for their smaller class sizes and personalized attention, tend to have higher tuition, sometimes reaching $30, 000 or more annually.

Many students find that the value lies not just in the classroom but in the internships and networking opportunities available, which large institutions in Minnesota actively support. Picture yourself gaining practical experience at a Twin Cities firm during your junior year while still enrolled, giving you confidence and a stronger resume after graduation.

This blend of solid education and real-world experience makes every dollar spent feel worthwhile to recent graduates, who often emphasize how the programs prepared them well for the demanding CPA licensure requirements and thriving local job market.

Where can I work with accounting degree in Minnesota?

With an accounting degree from a Minnesota university like the University of Minnesota or Minnesota State, graduates find themselves welcomed by a wide range of employers eager for their skills. Many land roles at top public accounting firms in the Twin Cities, such as Deloitte or PwC, where they tackle audits, tax work, and advisory projects, gaining valuable hands-on experience early in their careers.

Others thrive in corporate accounting roles at well-known local companies like 3M or UnitedHealth Group, handling budgeting, compliance, and financial reporting. Imagine working in a dynamic team at Target, where every financial decision you influence has real-world impact on millions of shoppers. This direct connection between your work and the company's success can be incredibly rewarding.

Graduates also discover fulfilling opportunities in government agencies and nonprofits throughout Minnesota, managing public funds or grant accounting. These jobs offer a chance to contribute meaningfully to your community, which many alumni from colleges like St. Cloud State cherish deeply.

The steady 7% job growth outlook makes these pathways not just exciting but sustainable, empowering you to build a vibrant career grounded in local opportunities.

How much can I make with accounting degree in Minnesota?

In Minnesota, graduates with an accounting degree from institutions like the University of Minnesota or St. Cloud State University often find themselves stepping into roles such as staff accountants, where the mean annual wage is about $90, 780. This strong starting point offers exciting financial stability right out of the gate.

For those beginning as associate auditors or tax preparers, salaries typically approach $49, 580 annually, giving new graduates a practical entry into the field while they build valuable experience. Bookkeepers and accounts payable clerks earn similarly, with mean wages around $49, 580 annually, which can be a solid foundation for growth.

Many graduates feel encouraged by seeing peers quickly advance as they gain certifications like CPA or specialized skills in tax or forensic accounting. This often leads to salaries well above $85, 000, especially in the Minneapolis-Saint Paul area, where metropolitan opportunities tend to elevate earning potential by about 10%.

Imagine being able to support yourself comfortably while you learn the ropes, knowing that your degree from a respected Minnesota college offers access to rewarding positions with clear pathways for salary increases. This is the tangible benefit that pursuing accounting here can provide.

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

Completing an accounting degree in Minnesota generally takes dedication and a clear plan, and knowing what to expect helps you stay motivated. For example, many students at the University of Minnesota and Minnesota State University find that earning a bachelor's degree typically requires about four years of full-time study. This is a solid timeframe that allows you to build a strong foundation, explore internships, and connect with industry professionals.

Some graduates share how starting with an associate's degree at a community college accelerated their path-the associate's usually takes around two years and can smoothly transfer credits to a four-year university. If you're eager and have prior credits, accelerated bachelor's programs can help you finish sooner, but balancing classes with work or family might stretch your journey beyond four years, and that's perfectly okay too.

For those aiming high, pursuing a master's degree in Minnesota adds about one to two years beyond the bachelor's, especially important if you want to meet the 150-credit-hour CPA requirement. Graduates often describe this stage as challenging yet rewarding, opening doors to advanced roles and greater career confidence.

CPA Licensing and Certification Requirements in Minnesota

Minnesota CPA licensure ensures that accounting professionals meet rigorous standards of education, examination, and experience. Understanding these requirements can help you plan your academic and professional trajectory: 1. Education Requirements - Earn a bachelor’s or master’s degree with at least 150 semester hours from a regionally accredited institution. - Complete a minimum of 24 semester hours in accounting subjects (e.g., auditing, taxation, financial accounting) and 24 semester hours in business-related courses (e.g., finance, management, economics). 2. Uniform CPA Examination - Register with the National Association of State Boards of Accountancy (NASBA) to sit for the four-part exam: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). - Achieve a minimum score of 75 on each section within an 18-month rolling window. 3. Experience Requirement - Obtain at least one year (2,000 hours) of supervised accounting experience under a licensed CPA, government accounting officer, or accredited academic institution. - Experience may include auditing, tax preparation, consulting, or financial reporting. 4. Ethics Examination - Pass the AICPA’s Professional Ethics Exam, demonstrating knowledge of ethical standards and professional conduct. 5. License Application and Maintenance - Submit your application, transcripts, exam scores, and experience verification to the Minnesota Board of Accountancy. - Complete 80 hours of Continuing Professional Education (CPE) every two years, including a minimum of 4 hours in ethics. Maintaining a competitive edge in accounting also means honing foundational bookkeeping skills. Many aspiring professionals supplement their CPA journey with specialized training—consider exploring certified bookkeeping courses online to strengthen your practical expertise and stand out in the job market.

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

Choosing between online and on-campus accounting degrees in Minnesota shapes not just how you learn but how you experience your education. On-campus programs at institutions like the University of Minnesota or Saint Cloud State University immerse you in lively classrooms where face-to-face discussions and networking with professors bring accounting principles to life. Graduates often recall how visiting local firms for internships and joining accounting clubs on campus boosted their confidence and opened doors.

Online degrees offer the freedom to study around your own schedule-ideal for those balancing jobs or family. Many graduates from online programs at Minnesota State University, Mankato emphasize how this flexibility empowered them to excel without sacrificing other responsibilities. However, success online depends heavily on self-motivation and time management.

In Minnesota, both paths meet rigorous accreditation standards and lead to CPA eligibility, but your choice will depend on whether you thrive on in-person interaction or value flexibility above all. Either way, pursuing accounting in Minnesota means joining a vibrant professional community ready to support your journey.

Return on Investment and Career Impact of an Accounting Degree

One of the most critical factors prospective students must evaluate is the return on investment (ROI) of their accounting education. Beyond acquiring foundational knowledge, understanding long-term career benefits and financial outcomes is indispensable. An effective ROI analysis not only encompasses immediate salary prospects and job market demand but also examines how advanced training and certifications contribute to sustained career growth. For example, while undergraduate programs lay the groundwork, students should explore how specialized certifications and graduate education translate into significant opportunities and increased earning potential. Moreover, for those contemplating further studies, researching the cost of masters in accounting alongside potential salary benefits becomes a decisive element in planning their financial future. Embracing emerging trends, such as the integration of technology in accounting practices and the evolving role of data analytics, can further enhance the career trajectory, ensuring graduates remain competitive in a dynamic market. By examining both upfront education investments and long-term career outcomes, prospective students can make well-informed decisions that balance cost with the promise of future financial stability and professional fulfillment.

What is the average cost of accounting degree in Minnesota?

The average cost of earning an accounting degree in Minnesota varies depending on whether you attend a public or private institution, but data shows the median in-state total cost is about $16, 488. Many students who choose well-known schools like the University of Minnesota experience tuition around $15, 000 annually, which aligns closely with this median figure. Graduates often reflect on how the investment feels worthwhile, especially considering the university's strong resources and connections in the accounting field.

For those exploring more affordable options, community and technical colleges in Minnesota offer substantially lower tuition rates, providing a practical path for many aspiring accountants. These alternatives can reduce the total tuition and fees for accounting degrees Minnesota residents face, balancing quality education with manageable expenses. Private colleges, such as Augsburg University or St. Catherine University, typically have higher costs, placing the total tuition in the range of $30, 000 to $45, 000 annually, but they often provide financial aid that helps many students thrive without overwhelming debt.

Beyond tuition, students should consider other expenses like books, supplies, housing, and technology fees. It's common for students to budget an additional $10, 000 or more for living costs in Minnesota cities, which influences the overall financial picture. For those starting their journey, exploring 2 year certificate programs that pay well may offer an encouraging way to enter the accounting profession sooner and build confidence before committing to a full degree program.

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

When pursuing an accounting degree in Minnesota, accessing financial aid can truly transform your educational journey. Many graduates from the University of Minnesota and St. Cloud State University share how federal Pell Grants-offering up to $7, 395-made a decisive impact on their ability to focus on studies without overwhelming debt.

In addition, the Minnesota State Grant provides substantial support specifically for in-state students with financial need, easing tuition burdens significantly at schools like Minnesota State University, Mankato.

Numerous colleges here also offer merit-based scholarships, rewarding leadership and academic achievements in accounting. Graduates often recommend checking with your school's financial aid office early to uncover these hidden gems.

For those balancing work and study, employer tuition reimbursement can turn your current job into a powerful source of support. And don't overlook scholarships from professional organizations like MNCPA-they're designed to encourage passionate students pursuing accounting careers right here in Minnesota.

Lastly, federal work-study programs offer hands-on experience while helping manage costs, creating a seamless blend of learning and earning.

Affordability and Access to Accounting Education in Minnesota

To make informed decisions about their educational paths, prospective students should also consider the affordability and access to accounting education in Minnesota. The cost of attending college can be a significant barrier for many, but there are options available that can make pursuing an accounting degree more manageable. For instance, students interested in exploring affordable options may want to consider the affordable accounting schools in Minnesota, which can provide a high-quality education at a lower cost. Additionally, many institutions in Minnesota offer financial aid, scholarships, and flexible payment plans to help students fund their education. By exploring these options and understanding the total cost of attendance, students can make a more informed decision about which accounting program is the best fit for them, both academically and financially.

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

To enroll in an accounting degree program in Minnesota, having a high school diploma or GED is your first essential step. Many graduates from institutions like the University of Minnesota emphasize how this basic credential laid the foundation for their college success. Strong math skills-algebra, geometry, or even calculus-are crucial, as accounting demands precise numerical analysis and problem-solving daily.

English proficiency also plays a vital role. You'll find that clear communication in reports and presentations is key, as shared by graduates from Minnesota State University who found their high school English classes prepared them well for this challenge. For non-native speakers, colleges might require proof of English skills or placement tests.

If you're a transfer student or aiming for advanced degrees, prior coursework in economics, statistics, and introductory accounting will smooth your path. Many students at St. Cloud State University say these courses helped them confidently handle complex accounting topics. Remember, some schools may ask for SAT or ACT scores, though test-optional policies are growing.

Check that your program aligns with Minnesota's CPA requirements, including the 150-credit hour rule. This ensures your education meets professional standards and keeps your dreams within reach.

Professional Certifications and Licensure in Minnesota

Earning a professional certification, most notably the Certified Public Accountant (CPA) credential, is a critical next step for graduates seeking to elevate their accounting careers in Minnesota. The Minnesota Board of Accountancy mandates 150 semester hours of education, including at least 30 credit hours in accounting subjects (e.g., financial, managerial, tax, and auditing) and 24 credit hours in related business courses. After meeting this academic requirement, candidates must pass the Uniform CPA Examination—a four-part test covering Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG)—within an 18-month rolling window. Beyond the exam, Minnesota requires one year (2,080 hours) of qualifying work experience under the supervision of a licensed CPA. This practical component ensures candidates apply theoretical knowledge in real-world settings, from preparing financial statements to conducting compliance audits. Successful applicants must also complete the AICPA’s ethics course and pass the Ethics Examination, reinforcing the profession’s commitment to integrity and public trust. In addition to the CPA, graduates may pursue specialized credentials such as the Certified Management Accountant (CMA) for expertise in strategic cost management, the Certified Internal Auditor (CIA) for audit risk assessment, or the Certified Information Systems Auditor (CISA) for IT-focused assurance services. Each designation has its own education, examination, and experience criteria—often aligned with the rigorous standards set by the Institute of Management Accountants (IMA) or the Institute of Internal Auditors (IIA). Maintaining these licenses requires ongoing Continuing Professional Education (CPE), typically 80 hours every two years for CPAs in Minnesota, with ethics credits included. Staying current with evolving standards and technology-driven practices is essential. For students weighing program costs alongside certification goals, it can be helpful to explore cost-effective degree options; for reference, see the Cheapest Accounting Degree Programs Ranking in Colorado to understand affordability strategies that may apply universally.

What courses are typically in accounting degree programs in Minnesota?

When pursuing an accounting degree in Minnesota, you'll dive into a carefully structured set of courses that build both your expertise and confidence. Graduates from leading institutions like the University of Minnesota often highlight foundational courses such as Financial Accounting and Managerial Accounting as game-changers-they provide you with practical skills for understanding business finances and making informed decisions.

Expect to master Business Law and Economics, which prepare you to navigate the complex world of regulations and market forces, essential knowledge whether you aim to work in corporate finance or government agencies. Statistics classes sharpen your ability to analyze data trends, a skill that modern Minnesota accounting firms highly value.

As you progress, advanced subjects like Auditing, Taxation, and Accounting Information Systems become central. Alumni frequently share how learning cost accounting helped them directly reduce expenses for local businesses during internships at prominent colleges such as St. Cloud State University. Electives in specialized areas offer flexibility to tailor your education to your passions-perhaps forensic accounting or nonprofit financial management.

Studying these courses in Minnesota means you're aligning with AICPA standards, ensuring your education meets national professional expectations while benefiting from the state's vibrant economic landscape.

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

When exploring accounting degree specializations Minnesota universities offer, you'll find a range designed to fit varied interests and career aspirations. Many graduates from schools like the University of Minnesota or St. Cloud State University highlight the depth of courses in Taxation, where they learn to navigate complex tax codes and prepare returns that matter to both individuals and businesses in this state.

Auditing is another key concentration. Students who focus here often share how hands-on projects helped them gain confidence in evaluating financial records, a skill highly sought after by public firms and local government agencies alike, especially in cities such as Minneapolis and St. Paul. Forensic Accounting is also gaining traction; graduates express excitement about applying investigative techniques to uncover financial fraud, a thrilling path tied to law enforcement and corporate compliance.

Besides these, accounting majors and concentrations Minnesota programs offer include Management Accounting, Governmental Accounting, and Financial Accounting-each aligning with different professional goals. If you want a straightforward path, consider exploring the easiest bachelor degree to get online for an accessible introduction to the field.

How do you choose the best accounting degree in Minnesota?

When choosing the best accounting degree programs in Minnesota, focus first on accreditation and how well the curriculum aligns with CPA exam requirements. Graduates from well-accredited programs at popular Minnesota universities often highlight how the specialized coursework prepared them not only academically but also professionally. Smaller class sizes and professors with real-world accounting experience provide that personal touch, making learning engaging and applicable.

Cost is another critical aspect-many students weigh affordable accounting degrees Minnesota offers, balancing tuition with financial aid. Public universities typically offer more budget-friendly options compared to private ones, and some schools encourage students to explore scholarships or unique financial resources. For those looking to graduate faster, exploring an associate degree fast track can be a practical step toward entering the workforce sooner.

Internships play a vital role in turning theory into practice. Minnesota's strong job market, coupled with schools connecting students to local accounting firms, offers invaluable hands-on experience. Students who engage in these opportunities often share how it boosted their confidence and expanded their professional network, making the journey toward becoming a CPA feel truly achievable.

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

Graduates with an accounting degree in Minnesota discover a wealth of career opportunities tailored to their skills and ambitions. Many choose to become Certified Public Accountants, joining public accounting firms where they specialize in auditing, tax preparation, or consulting. For those attending renowned programs at universities throughout Minnesota, like those in the Twin Cities, the transition into these roles feels natural and rewarding, fueled by the strong connections their schools maintain with local firms.

Others embrace corporate accounting careers, thriving as financial analysts, internal auditors, or controllers in major corporations headquartered in Minnesota. These positions offer dynamic work environments where graduates apply their knowledge to real-world business challenges. Exploring government accounting is another path, with roles available in the Minnesota Office of the State Auditor and local municipalities, offering a sense of public service and stability.

Nonprofit organizations also increasingly seek accounting expertise, providing graduates the chance to engage with mission-driven work. For students considering shorter, targeted pathways within the field, exploring short programs that pay well can be a practical step. These varied jobs for accounting degree holders in Minnesota reflect not only strong demand but the ability to find purposeful, fulfilling work close to home.

What is the job market for accounting degree in Minnesota?

The job market for those with an accounting degree in Minnesota is vibrant and full of opportunity. Graduates from well-regarded institutions like the University of Minnesota's Carlson School of Management often find themselves in strong demand across cities like Minneapolis and St. Paul, where industries such as healthcare, finance, and manufacturing all seek talented accountants. Many graduates share stories of quickly securing positions with competitive starting salaries between $50, 000 and $60, 000, a testament to the region's steady economic growth.

Internships and networking within Minnesota's accounting community are crucial steps for students aiming to stand out. Practical experience often leads to job offers from local firms or large companies, such as those in financial hubs around these metropolitan areas. Embracing certifications like the CPA can further unlock higher salaries and senior roles, helping graduates tap into government and forensic accounting niches.

For those researching pathways into the field, exploring programs at the most popular trade schools online can complement traditional studies and expand career prospects.