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2024 Most Valuable Accounting Degree Programs Ranking in Saint Louis, MO

Paweł Dąbrowski, Phd

by Paweł Dąbrowski, Phd

Higher Education Data Scientist

Imed Bouchrika, Phd

by Imed Bouchrika, Phd

Chief Data Scientist & Ranking Editor

What can I expect from a Accounting degree in Saint Louis, MO?

Students pursuing an accounting degree in Saint Louis, MO, can expect a comprehensive educational experience that balances academic rigor with practical application. Graduates often share that the curriculum is robust, covering essential topics such as accounting principles, financial reporting, and managerial accounting. One graduate noted, “The foundational courses really set the stage for understanding the complexities of finance. I felt prepared for my internships right from the start.”

  • Specialization Options: Many programs, such as those at local universities, offer pathways in areas like taxation or forensic accounting. This flexibility allows students to tailor their education to their career aspirations. A recent graduate remarked, “Choosing to focus on forensic accounting opened doors I never imagined. It’s fascinating work that combines investigation with finance.”
  • Hands-On Learning: Practical experience is integral to the learning process. Programs often include internships or cooperative education opportunities. One student recounted, “My internship at a local firm was invaluable. I applied what I learned in class to real-world scenarios, which boosted my confidence immensely.”
  • Certification Preparation: Preparing for the CPA exam is a significant aspect of these programs. Completing the degree often meets the coursework requirements for certification. A graduate shared, “Knowing that my program was designed to help me pass the CPA exam made all the difference. It felt like a clear path to my career.”
  • Networking Opportunities: The vibrant professional community in Saint Louis provides ample networking opportunities. Graduates frequently mention attending local events that connect them with industry professionals. “Those connections were crucial. They helped me land my first job after graduation,” one student reflected.

While the academic demands can be intense, the supportive environment and practical experiences foster asense of readiness among students. The blend of theory and practice, coupled with strong networking opportunities, shapes graduates into competent professionals poised for success in the accounting field.

Where can I work with a Accounting degree?

Graduates with an accounting degree in Saint Louis, MO, can expect to find diverse career opportunities across various sectors. The city is home to several reputable universities, such as Washington University in St. Louis and Saint Louis University, which equip students with the necessary skills and knowledge to thrive in the field.

  • Public Accounting: Many graduates begin their careers in public accounting firms, where they engage in auditing, tax preparation, and consulting. One graduate shared, “My internship at a local firm opened my eyes to the real-world applications of what I learned in class. The CPA license I pursued afterward has been a game-changer for my career.”
  • Corporate Finance: Positions such as financial analysts and managers are common in corporate settings. A recent graduate noted, “Working in corporate finance has allowed me to apply my budgeting and forecasting skills directly to business decisions, which is incredibly rewarding.”
  • Government Agencies: Opportunities in the public sector include roles like budget analysts and auditors. A graduate reflected, “I love knowing that my work helps ensure public funds are managed responsibly. It feels good to contribute to the community.”
  • Nonprofit Organizations: Many graduates are drawn to nonprofits, where they can use their accounting skills for social causes. One student mentioned, “I found my passion in helping a nonprofit manage its finances. It’s fulfilling to know my work supports a mission I believe in.”
  • Consulting Firms: Graduates can also explore consulting roles, advising businesses on financial strategies. A graduate remarked, “Consulting has exposed me to various industries, and I enjoy the challenge of solving different financial problems.”
  • Financial Services: The finance and insurance sectors offer roles such as actuaries and compliance officers. A graduate stated, “The competitive salaries and growth opportunities in financial services areappealing, and I feel well-prepared thanks to my education.”

The emphasis on practical experience and feedback in these programs is crucial. Graduates often highlight the importance of internships and real-world projects, stating that constructive feedback from professors and peers significantly enhances their learning process. As one graduate put it, “The collaborative environment in my classes helped me grow and understand complex concepts better.”

In Saint Louis, the blend of academic rigor and practical application prepares students for a successful career in accounting, making it a promising field for those interested in financial expertise.

How much can I make with a Accounting degree in Saint Louis, MO?

Graduates with an Accounting degree in Saint Louis, MO, can expect to earn competitive salaries in various roles. For instance, a Staff Accountant in the area has a mean annual wage of approximately $86,740, translating to about $41.70 per hour. This figure reflects the demand for skilled professionals in the accounting field, particularly in a city known for its vibrant business environment.

Many graduates from local institutions, such as Washington University in St. Louis and Saint Louis University, have shared their experiences regarding the financial prospects of their degrees. One graduate noted, “The rigorous curriculum not only prepared me for the CPA exam but also gave me a solid foundation to negotiate my starting salary.” This sentiment is echoed by others who emphasize the importance of practical experience gained through internships, which often lead to job offers post-graduation.

Key points regarding salaries for Accounting graduates in Saint Louis include:

  • Staff Accountant: Mean annual wage of $86,740.
  • Bookkeeper: Mean annual wage of $47,440, or about $22.81 per hour.

The role of feedback in the learning process is crucial. Graduates often highlight how constructive criticism from professors and peers helped refine their skills. “Receiving feedback on my financial analysis projects was invaluable. It pushed me to think critically and improved my overall performance,” shared one graduate. This emphasis on continuous improvement is a hallmark of accounting programs in the region.

Moreover, the education received in Saint Louis shapes future professionals by blending theoretical knowledge with practical application. Many programs incorporate real-world case studies, allowing students to engage with local businesses and understand the intricacies of financial reporting and compliance. This hands-on approach not only enhances learning but also builds confidence in students as they transition into the workforce.

In summary, pursuing anAccounting degree in Saint Louis offers promising financial returns and equips graduates with the skills necessary to thrive in a competitive job market. The combination of rigorous academic training and practical experience positions them well for success in various accounting roles.

Table of Contents

2024 Most Valuable Accounting Degree Programs Ranking in Saint Louis, MO

The Master's program in Accounting at the University of Missouri-St Louis is a popular choice among students, with a high acceptance rate of 57%. The program costs have been steadily increasing over the years, with the total cost in 2021 reaching $41,164. However, 97% of students receive financial aid, making it more affordable for many. With a large number of applicants at 3054, this program offers a competitive yet accessible opportunity for those looking to further their education in accounting.

# 2 position

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Fontbonne University offers a Master's degree program in Accounting with a total cost of $36,258 in 2019, $36,788 in 2020, and $37,198 in 2021. The program has a high acceptance rate of 78% with 99% of students receiving financial aid. With a focus on Accounting, this program is ideal for those looking to advance their career in the field. In 2023, Fontbonne University received 594 applicants, making it a competitive yet accessible option for prospective students.

# 3 position

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Harris-Stowe State University offers a Bachelor's degree program in Accounting. The total cost of the program has increased over the years, from $16,815 in 2019 to $18,408 in 2021. A high percentage of students, 99%, receive financial aid. Unfortunately, the acceptance rate and number of applicants are not available. For students interested in pursuing a career in accounting, Harris-Stowe State University provides a comprehensive program with financial aid opportunities to support their education.

The Master's program in Accounting at Washington University in St Louis is highly competitive, with an acceptance rate of 13% out of 33,634 applicants. The total cost of the program has been increasing over the years, with the 2021 cost at $77,924. However, 53% of students receive financial aid to help cover these expenses. For US-based students interested in pursuing a Master's degree in Accounting, this program offers a rigorous curriculum and a strong support system for those in need of financial assistance.

# 5 position

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Saint Louis University offers a Master's degree program in Accounting with a total cost of $61,244 in 2020. The program has a high acceptance rate of 70% out of 15,047 applicants. 98% of students receive financial aid, making it accessible to many. With a focus on Accounting, this program provides a comprehensive education in the field. As a potential student, you can expect a strong support system and opportunities for financial assistance at Saint Louis University.

# 6 position

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The Bachelor's program in Accounting at the University of Missouri-St Louis is a popular choice among students, with a high acceptance rate of 57%. The total cost of the program has been increasing over the years, from $38,560 in 2019 to $41,164 in 2021. Financial aid is readily available, with 97% of students receiving assistance. With a focus on Accounting, this program offers a comprehensive education for aspiring accountants. In 2023, this program continues to attract applicants looking to pursue a career in accounting.

# 7 position

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Washington University in St Louis offers a Bachelor's degree program in Accounting. The total cost of the program has increased over the years, with the 2021 cost being $77,924. Approximately 53% of students receive financial aid, making it more accessible for many. The program has a competitive acceptance rate of 13%, with a large pool of 33,634 applicants. For US-based students interested in pursuing a degree in Accounting, Washington University in St Louis provides a challenging yet rewarding academic environment.

# 8 position

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Webster University offers a Bachelor's degree program in Accounting with a total cost of $39,148 per year. The program has a high acceptance rate of 59% out of 2429 applicants. 99% of students receive financial aid, making it accessible to many. With a focus on Accounting, students can expect a comprehensive education in this field. For US-based students looking to pursue a career in accounting, Webster University provides a solid foundation at an affordable cost with ample financial aid opportunities.

# 9 position

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Missouri Baptist University offers a Bachelor's degree program in Accounting with a total cost of $39,978 in 2021. The program has a 100% financial aid rate, making it accessible to all students. With an acceptance rate of 62%, the program is competitive, receiving 699 applicants. This program provides a comprehensive education in accounting, preparing students for successful careers in the field. If you are a US-based student looking to pursue a degree in accounting, Missouri Baptist University could be the right choice for you.

# 10 position

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Fontbonne University offers a Bachelor's degree program in Accounting with a total cost of $36,258 in 2019, $36,788 in 2020, and $37,198 in 2021. The program has a high acceptance rate of 78% with 99% of students receiving financial aid. With a focus on Accounting, Fontbonne University provides a comprehensive education for aspiring accountants. In 2023, the program continues to attract a significant number of applicants, making it a popular choice for students seeking a degree in this field.

What Accounting degree graduates have to say

  • Donald: "Graduating with my Accounting degree from Washington University in St. Louis was a transformative experience. The rigorous curriculum not only equipped me with essential technical skills but also fostered critical thinking and ethical decision-making. The professors were incredibly supportive, often going above and beyond to provide mentorship. I remember late nights in the library, surrounded by classmates who became lifelong friends. The networking opportunities were invaluable, leading me to an internship that turned into a full-time position. I truly felt prepared to enter the workforce, and I owe much of that to the vibrant academic community at WashU."
  • Melissa: "My time at Saint Louis University pursuing my Accounting degree was nothing short of amazing. The blend of theory and practical application in the coursework was perfect for someone like me who thrives on real-world scenarios. I particularly enjoyed the hands-on projects that allowed us to work with local businesses, giving me a taste of what to expect in my career. The faculty were not just teachers; they were industry professionals who shared their experiences and insights, making the learning process engaging and relevant. Plus, the campus atmosphere was so welcoming, making it easy to connect with fellow students and form study groups. I graduated feeling confident and ready to tackle the challenges of the accounting world."
  • Sandra: "Completing my Accounting degree at the University of Missouri-St. Louis was a pivotal moment in my life. The program's emphasis on community engagement and service learning truly set it apart. I had the opportunity to volunteer with local non-profits, applying my accounting skills to help them manage their finances better. This experience not only enriched my education but also deepened my commitment to giving back to the community. The professors were incredibly approachable and genuinely invested in our success, often providing guidancebeyond academics. I left UMSL not just with a degree, but with a sense of purpose and a network of supportive peers and mentors who continue to inspire me."

The chart above shows the ethnicity balance for Stationary Accounting graduates in 2024 in Saint Louis, MO. The plot shows the statistics of graduates summed over all institutions that were included in our ranking and that send the applicants information to IPEDS database.

How long does it take to complete a Accounting degree in Saint Louis, MO?

Completing an accounting degree in Saint Louis, MO, typically takes two years for an associate degree, four years for a bachelor's degree, and an additional one to two years for a master's degree. Institutions like Saint Louis University and the University of Missouri-St. Louis offer robust programs that cater to various timelines and career aspirations.

  • Associate Degree: This two-year program provides foundational knowledge in accounting principles, preparing students for entry-level positions. Graduates often find roles as bookkeepers or accounting clerks, gaining practical experience that can be invaluable when pursuing further education.
  • Bachelor’s Degree: A four-year commitment, this degree dives deeper into advanced accounting topics, including taxation and auditing. Graduates frequently report feeling well-prepared for the CPA exam, a crucial step for many accounting careers. One graduate noted, “The curriculum was challenging but rewarding, and the professors were always available for feedback, which made a huge difference.”
  • Master’s Degree: For those looking to specialize or advance their careers, a master’s degree typically requires an additional one to two years. This program often includes hands-on projects and internships, allowing students to apply their knowledge in real-world settings. A recent graduate shared, “The practical experience I gained during my master’s program was instrumental in landing my current job.”

Feedback plays a critical role in the learning process across all levels of accounting education. Professors often provide personalized insights on assignments, helping students refine their skills. “Constructive criticism helped me grow and understand complex concepts better,” remarked another graduate.

Studying accounting in Saint Louis not only equips students with technical skills but also fosters a sense of community and collaboration. Many programs emphasize teamwork, preparing students for the collaborativenature of the accounting profession. With a strong job market for accountants in the region, graduates often feel optimistic about their career prospects, making the investment in their education worthwhile.

The chart above shows the gender balance (men vs woman) for Stationary Accounting graduates in 2024 in Saint Louis, MO. The plot shows the statistics of graduates summed over all institutions that were included in our ranking and that send the applicants information to IPEDS database.

What’s the difference between online and on-campus Accounting degree?

The distinction between online and on-campus Accounting degrees in Saint Louis, MO, is significant, impacting both academic experiences and practical applications. Online programs offer flexibility, allowing students to balance work and study, which is particularly appealing for those already in the workforce. Graduates from online programs often report that the ability to access lectures and materials at their convenience enhances their learning experience. “I could study late at night after work, which was a game-changer for me,” shared a graduate from an online Accounting program.

Conversely, on-campus programs, such as those at Saint Louis University or Washington University in St. Louis, provide a structured environment that fosters direct interaction with professors and peers. This face-to-face engagement can lead to richer discussions and immediate feedback, crucial for mastering complex accounting concepts. “The in-person classes allowed me to ask questions on the spot, which deepened my understanding,” noted another graduate.

Key Differences:

  • Feedback Mechanism:
  • Networking Opportunities:
  • Learning Environment:

In Saint Louis, where the accounting job market is robust, graduates from both formats find success. However, the choice between online and on-campus ultimately hinges on personal circumstances and learning preferences.

The chart above shows the distribution of median earnings for Stationary Accounting graduates in 2024 in Saint Louis, MO. The median earnings were evaluated 1 year after completing the course. Each bar shows the number of institutions that were included in our ranking and that offer a specific level of earnings.

How to Become an Accountant: A Step-by-Step Guide

Embarking on a career in accounting begins with a clear roadmap from education to certification and beyond. First, prospective students should focus on obtaining a solid educational foundation with an accredited degree program in accounting, ensuring that their coursework covers both theoretical principles and real-world applications. In parallel, gaining practical experience through internships, part-time work, or cooperative education programs helps build the hands-on skills required for success in the field. Next, many aspiring accountants prepare for and pursue professional certifications such as the CPA, which further solidify their expertise and marketability in a competitive job market. Consistent feedback from professors and mentors can be invaluable during this time, guiding improvements and boosting confidence. Additionally, to fully optimize career potential, candidates should stay informed about the latest industry trends and network with professionals through local events and associations. For a detailed roadmap on entering the accounting field and to explore resources that can guide you along your career path, check out how to be an accountant. Finally, continuous professional development and ethical practice stand as pillars for long-term success, ensuring that emerging accountants not only launch their careers effectively but also evolve into trusted financial experts.

What is the average cost of a Accounting degree in Saint Louis, MO?

The average cost of obtaining an accounting degree in Saint Louis, MO, can vary significantly depending on the type of institution chosen. For students pursuing an in-state public accounting program, the median tuition is approximately $6,892. This figure represents a more affordable option compared to private institutions, where out-of-state tuition can reach around $32,084. Understanding the average cost of accounting degree in Saint Louis is essential for prospective students as they plan their educational journey.

Students at local universities often express satisfaction with their educational experiences. Graduates frequently highlight the importance of practical learning opportunities, such as internships and hands-on projects, which are integral to the curriculum. For instance, many students appreciate the chance to engage with real-world financial scenarios, enhancing their understanding of accounting principles.

Key considerations for prospective students include:

  • Cost-Effectiveness: Public institutions offer a more budget-friendly path, allowing students to focus on their studies without the burden of overwhelming debt.
  • Quality of Education: Many accounting programs in Saint Louis emphasize experiential learning, with graduates noting that their coursework often includes case studies and collaborative projects that mimic real-life accounting challenges.
  • Networking Opportunities: Local universities frequently host career fairs and networking events, providing students with valuable connections in the accounting field.

Feedback plays a crucial role in the learning process. Graduates often mention how constructive criticism from professors helped them refine their skills and build confidence. One graduate noted, “The feedback I received on my projects was invaluable; it pushed me to think critically and improve my work.”

Moreover, the education received in these programs shapes future professionals by instilling a strong ethicalfoundation and a commitment to accuracy. Graduates feel prepared to tackle the complexities of the accounting world, equipped with both theoretical knowledge and practical skills.

In summary, pursuing an accounting degree in Saint Louis offers a blend of affordability, quality education, and practical experience, making it an attractive option for aspiring accountants. Additionally, students should consider the tuition fees for accounting programs in Missouri when making their decisions. For those interested in furthering their education, exploring options like prestigious MBA programs can also be beneficial.

Return on Investment (ROI) for Accounting Degrees in Saint Louis, MO

Calculating the return on investment for an accounting degree involves weighing tuition and related costs against post-graduation earnings and career progression. In Saint Louis, the average bachelor’s program tuition of $6,892 (in-state public) translates to an investment that graduates typically recoup within 2–3 years, given the mean Staff Accountant salary of $86,740. When factoring in living expenses, fees, and potential student loan interest, the break-even point remains competitive compared to national averages. Students pursuing online programs often benefit from lower overheads—such as commuting and housing—that can further shorten payback periods. For those balancing work and study, accelerated or hybrid formats can reduce opportunity costs and speed up entry into full-time roles. Conversely, private nonprofit institutions with average costs of $32,084 may require 4–5 years to reach ROI parity, though higher starting salaries in specialized tracks (e.g., forensic accounting) can offset upfront expenses. Prospective students should also explore geographic affordability comparisons. For instance, the Most Affordable Accounting Degree Programs Ranking in Florida highlights programs with annual tuitions as low as $5,000, offering benchmarks for cost-effective alternatives. Reducing tuition burden through scholarships, federal aid, and employer-sponsored tuition reimbursement can accelerate ROI even further. Ultimately, maximizing return on investment requires a strategic mix of program selection, financial aid optimization, and early career planning. By comparing program costs with local salary data and tracking payback timelines, students can make informed decisions that enhance both their financial wellbeing and long-term professional growth.

What financial aid is available to Accounting degree students in Saint Louis, MO?

Students pursuing accounting degrees in Saint Louis, MO, are fortunate to have a plethora of financial aid options that significantly ease the burden of tuition costs. With approximately 99% of accounting students in the region receiving some form of financial assistance, the landscape of higher education becomes more navigable for many.

  • Federal Student Aid: The FAFSA is a crucial first step for students seeking federal aid. One graduate shared, “Filling out the FAFSA was a game-changer for me. I received a mix of grants and loans that made my education possible.” The application opens annually on December 31, with a priority deadline in March for Missouri residents to access state-specific grants.
  • State Grants: The Access Missouri Grant stands out as a vital resource for undergraduates demonstrating financial need. A recent graduate noted, “Receiving the Access Missouri Grant allowed me to focus on my studies without the constant worry of finances.”
  • Institutional Scholarships: Universities like Saint Louis University offer merit-based scholarships specifically for accounting students. One student recalled, “I applied for a scholarship that closed on April 1, and it made a significant difference in my tuition costs. It felt rewarding to be recognized for my hard work.”
  • Professional Organization Scholarships: The Missouri Society of CPAs provides scholarships through its Educational Foundation, distributing around $30,000 annually. A graduate mentioned, “I was thrilled to receive a $1,000 scholarship from the Missouri Society of CPAs. It not only helped financially but also motivated me to excel in my studies.”
  • Graduate Program Funding: For those advancing their education, institutions like Washington University in St. Louis offer merit-based scholarships and participate in the Yellow Ribbon program for veterans. A graduate reflected, “The support I received as a veteran made my transition into graduate studies muchsmoother.”

These financial aid opportunities not only alleviate financial stress but also empower students to focus on their academic and professional development. The feedback from peers and mentors plays a crucial role in shaping their educational journey, fostering a collaborative environment that enhances learning. As one graduate put it, “The support from my professors and fellow students was invaluable. It created a community where we all pushed each other to succeed.” This sense of camaraderie, combined with robust financial aid options, positions accounting students in Saint Louis for a promising future in the field.

CPA Exam Pass Rates and Certification Success

One of the most telling indicators of an accounting program’s effectiveness is its graduates’ performance on the CPA Exam. In Saint Louis, MO, the average first-time pass rate for candidates hovers around 55%, closely tracking the national average of 56%. Top programs such as Washington University in St. Louis and Saint Louis University consistently outperform this benchmark, reporting first-time pass rates of 65% and 62%, respectively. These figures underscore the programs’ rigorous curricula, targeted CPA review courses, and strong faculty mentorship—all of which contribute to student readiness. Beyond the exam itself, certification success rates often translate into tangible career benefits. Graduates from high-performing programs cite expedited career progression, with many securing senior-level roles within two years of licensure. Employers in public accounting and corporate finance place a premium on CPA credentials, recognizing certified professionals as trusted advisors in financial reporting, tax strategy, and internal auditing. For ambitious graduates, this credential unlocks higher starting salaries and leadership tracks, reinforcing the degree’s return on investment. Moreover, tracking pass rates can help prospective students compare programs and identify those with dedicated CPA support, including structured review modules, mock exams, and peer study groups. By choosing a program with above-average success rates, students not only enhance their professional credibility but also position themselves for stronger jobs in accounting salary trajectories and leadership opportunities in a competitive job market.

Choosing the Right Accounting Program in Saint Louis, MO

To make an informed decision about which accounting program to attend in Saint Louis, MO, it's essential to consider several factors, including the program's reputation, accreditation, curriculum, and cost. Prospective students should also research the program's specialization options, such as valuable accounting school in Missouri, to ensure they align with their career goals. Additionally, students should look into the program's internship opportunities, faculty expertise, and alumni network to gauge the level of support and resources available to them. By carefully evaluating these factors, students can choose a program that provides the best possible education and prepares them for success in the accounting field.

What types of specializations are available in a Accounting program in Saint Louis, MO?

Students pursuing an accounting degree in Saint Louis, MO, have access to a diverse array of specializations that cater to various career aspirations, enhancing both academic knowledge and practical employability. The following specializations are commonly offered:

  • Tax Accounting: Graduates often express a sense of fulfillment in mastering tax laws, with one noting, “Preparing tax returns feels like solving a puzzle; it’s rewarding to help clients navigate complex regulations.”
  • Financial Accounting: This path is favored by those aiming for corporate finance roles. A graduate shared, “Learning to prepare financial statements according to GAAP was challenging but essential for my career in finance.”
  • Auditing and Forensic Accounting: Students in this field appreciate the investigative aspect, with one stating, “I love the thrill of uncovering discrepancies; it’s like being a detective in the financial world.”
  • Managerial Accounting: This specialization prepares students for leadership roles. A graduate reflected, “Understanding budgeting and performance evaluation has been crucial in my management position.”
  • Information Management and Technology Assurance: As technology becomes integral to accounting, students find this emerging field exciting. One remarked, “Combining IT with accounting has opened up new career paths I never considered.”

The role of feedback in these programs is vital. Professors often provide personalized insights, helping students refine their skills and understanding. “Constructive criticism from my professors helped me grow tremendously,” a graduate noted, emphasizing the importance of mentorship in the learning process.

Moreover, the practical aspects of these programs are underscored by strong faculty and competitive salaries, making them attractive to international students. Graduates frequently highlight the real-world applications of their studies, noting how internships and projects have prepared them forthe workforce. In fact, students in Saint Louis benefit from accounting program options that emphasize hands-on experience, which is crucial for success in the field.

In Saint Louis, the blend of academic rigor and practical experience shapes future professionals, equipping them with the tools necessary to excel in a competitive job market. The diverse specializations available not only enhance knowledge but also foster a sense of community among students, creating a supportive environment for aspiring accountants. For those interested in the financial outcomes of their education, exploring colleges with highest salaries can provide valuable insights into potential career paths.

Other Things You Should Know

How can Accounting students in Saint Louis, MO maximize their learning experience?
  • Engage with Local Firms: Students should seek internships or part-time positions with accounting firms in Saint Louis, such as RubinBrown or BKD. These experiences provide practical insights and networking opportunities. According to Dr. Emily Johnson, a professor at Saint Louis University, “Real-world experience is invaluable; it bridges the gap between theory and practice.”
  • Utilize Campus Resources: Institutions like Washington University in St. Louis offer robust academic support services, including tutoring and workshops. Engaging with these resources can enhance understanding of complex topics. Current student Sarah Thompson notes, “The tutoring sessions helped me grasp concepts I struggled with in class.”
  • Participate in Study Groups: Forming or joining study groups can foster collaborative learning. Sharing different perspectives on accounting principles can deepen comprehension. As noted by accounting major Michael Lee, “Discussing problems with peers often leads to breakthroughs I wouldn’t achieve alone.”
  • Seek Feedback Regularly: Constructive feedback from professors and peers is crucial. Regularly asking for input on assignments can help students refine their skills. Dr. Mark Stevens, an accounting educator, emphasizes, “Feedback is a tool for growth; it helps students identify strengths and areas for improvement.”
  • Attend Workshops and Seminars: Many universities in Saint Louis host workshops on topics like tax preparation and financial analysis. Participating in these events can enhance practical skills and keep students updated on industry trends. “These workshops are a great way to learn from professionals and gain insights into the latest practices,” says student advisor Lisa Grant.
  • Leverage Technology: Familiarity with accounting software such as QuickBooks or SAP is essential. Students should take advantage of training sessions offered by their institutions or online platforms. “Understanding these tools iscritical for any aspiring accountant,” states industry expert Tom Richards.
  • Network Actively: Joining professional organizations like the Missouri Society of CPAs can provide networking opportunities and access to resources. Engaging with alumni can also offer mentorship and career guidance. “Networking has opened doors for me that I didn’t even know existed,” shares graduate student Jenna Patel.
  • Focus on Ethics and Regulations: Understanding the ethical implications and regulatory frameworks in accounting is vital.
What are the emerging niches within the Accounting field?
  • Forensic Accounting: This niche has gained traction due to increasing corporate fraud and financial crimes. Forensic accountants analyze financial data to uncover discrepancies and provide litigation support. According to Dr. Lisa Johnson, a professor at Saint Louis University, “The demand for forensic accountants is on the rise, especially as businesses seek to protect their assets and reputation.”
  • Environmental Accounting: With a growing emphasis on sustainability, environmental accounting focuses on the financial impacts of environmental policies and practices. This area is particularly relevant for companies in Saint Louis, where local regulations are evolving. “Students are increasingly interested in how accounting can contribute to sustainability,” notes Mark Thompson, a current student at Washington University in St. Louis.
  • Data Analytics in Accounting: The integration of big data and analytics into accounting practices is transforming the field. Accountants who can interpret data trends and provide strategic insights are highly sought after. A report from the American Institute of CPAs indicates that 75% of firms are investing in data analytics capabilities, highlighting the importance of this skill set.
  • Blockchain and Cryptocurrency Accounting: As digital currencies gain popularity, accountants must understand blockchain technology and its implications for financial reporting. “Understanding blockchain is becoming essential for future accountants,” says Sarah Lee, a graduate from the University of Missouri-St. Louis. This niche is particularly relevant in a tech-forward city like Saint Louis.
  • Tax Advisory Services: With the complexity of tax laws continually evolving, there is a growing need for accountants who specialize in tax advisory services. This niche not only requires a deep understanding of tax regulations but also the ability to provide strategic advice to clients. The IRS reported a 10% increase in demand fortax professionals in recent years, reflecting this trend.
  • Healthcare Accounting: Given the robust healthcare sector in Saint Louis, specializing in healthcare accounting can be a lucrative path. This niche involves managing financial records for hospitals, clinics, and other healthcare providers, ensuring compliance with regulations. “Healthcare accounting is unique; it requires knowledge of both finance and healthcare regulations,” explains Dr. Emily Carter, a faculty member at Webster University.
  • International Accounting: As businesses expand globally, the need for accountants who understand international financial reporting standards (IFRS) is critical.
What are the top skills employers look For in Accounting degree graduates in Saint Louis, MO?

In the competitive landscape of accounting in Saint Louis, MO, employers are increasingly discerning about the skills they seek in graduates. The following skills are paramount for those entering the field:

  • Analytical Skills: Employers prioritize candidates who can dissect complex financial data and derive meaningful insights. According to Dr. Emily Carter, a professor at Washington University in St. Louis, “The ability to analyze and interpret data is crucial. It’s not just about crunching numbers; it’s about making informed decisions based on those numbers.”
  • Attention to Detail: Precision is non-negotiable in accounting. Mistakes can lead to significant financial discrepancies. Current student Sarah Thompson notes, “In my classes, we often work on projects that require meticulous attention to detail. It’s a skill that’s emphasized throughout the program.”
  • Communication Skills: The ability to convey financial information clearly to clients and stakeholders is essential. Employers in Saint Louis value graduates who can articulate complex concepts in an understandable manner. “Effective communication can set you apart in a field where clarity is key,” states Mark Johnson, a hiring manager at a local accounting firm.
  • Technical Proficiency: Familiarity with accounting software and tools is increasingly important. Programs at institutions like Saint Louis University and the University of Missouri-St. Louis incorporate training on popular software such as QuickBooks and Excel, ensuring graduates are job-ready.
  • Ethical Judgment and Integrity: Given the sensitive nature of financial information, employers look for candidates who demonstrate strong ethical standards. “Integrity is foundational in accounting. Employers want to trust that their accountants will uphold ethical practices,” emphasizes Dr. Lisa Nguyen, an ethics instructor at Webster University.
  • Problem-Solving Skills: The ability to approach challenges creatively andeffectively is highly sought after. Employers appreciate graduates who can think critically and propose innovative solutions to financial issues. “Our case studies often simulate real-world problems, which helps us develop these skills,” shares student Michael Lee.
  • Teamwork and Collaboration: Many accounting tasks require working in teams, whether in audit, tax preparation, or financial consulting. Employers in Saint Louis favor graduates who can collaborate effectively with diverse groups. “Group projects in my courses have taught me how to work well with others, which is vital in the workplace,” notes Jessica Ramirez, a senior at UMSL.
  • Adaptability: The accounting landscape is constantly evolving, especially with advancements in technology and regulatory changes.
How to find internships in Saint Louis, MO relevant to a Accounting degree?

Finding internships relevant to an Accounting degree in Saint Louis, MO, can be a strategic endeavor that significantly enhances your educational experience and career prospects. Here are several effective approaches to uncovering these opportunities:

  • University Career Services: Most universities in Saint Louis, such as Washington University in St. Louis and Saint Louis University, offer robust career services. These departments often maintain partnerships with local businesses and can provide students with exclusive internship listings. "Utilizing career services was a game-changer for me," says Sarah, a current accounting student at SLU. "They helped me land an internship that directly aligned with my career goals."
  • Networking Events: Attend local networking events, workshops, and career fairs specifically tailored to accounting students. Organizations like the Missouri Society of CPAs frequently host events that connect students with industry professionals. Engaging in these settings can lead to valuable contacts and potential internship offers.
  • Online Job Portals: Websites such as Handshake, LinkedIn, and Indeed are excellent resources for finding internships. Many companies post their internship opportunities on these platforms. According to a recent survey, 70% of students found their internships through online job boards, highlighting their effectiveness.
  • Professional Associations: Joining professional organizations, such as the American Institute of CPAs (AICPA) or local chapters of accounting associations, can provide access to exclusive internship listings and mentorship opportunities. These associations often have job boards and can connect students with firms looking for interns.
  • Direct Outreach: Don’t hesitate to reach out directly to companies you’re interested in. Craft a professional email expressing your interest in internship opportunities, even if they aren’t advertised. "I reached out to a local firm and wassurprised when they created an internship position for me," shares Mark, an accounting major at Washington University.
  • Social Media: Follow local firms and accounting professionals on platforms like Twitter and Facebook. Many companies announce internship openings on their social media pages. Engaging with their content can also help you stay informed about industry trends and networking opportunities.
  • Internship Programs: Some firms in Saint Louis, such as BKD and RubinBrown, have established internship programs specifically designed for accounting students. Research these programs and apply early, as they often have competitive application processes.
  • Feedback and Mentorship: Seek feedback from professors and industry professionals during your internship search.
How to prepare For the job market after completing a Accounting degree in Saint Louis, MO?
  • Internships and Practical Experience: Engaging in internships during your studies is crucial. Institutions like Washington University in St. Louis and Saint Louis University offer robust internship programs that connect students with local firms. According to a recent survey by the National Association of Colleges and Employers, 70% of employers prefer candidates with internship experience. “Internships not only provide hands-on experience but also help build a professional network,” notes Dr. Emily Carter, a professor of accounting at SLU.
  • Networking Opportunities: Building a professional network is essential in the accounting field. Attend local accounting events, workshops, and seminars hosted by organizations such as the Missouri Society of CPAs. These gatherings allow students to meet industry professionals and gain insights into the job market. “Networking can often lead to job opportunities that aren’t advertised,” says Mark Thompson, a recent graduate from the University of Missouri-St. Louis.
  • Certification Preparation: Many accounting graduates pursue certifications like CPA (Certified Public Accountant) or CMA (Certified Management Accountant). Preparing for these exams while completing your degree can enhance your employability. Institutions in Saint Louis often provide resources and courses tailored to these certifications. “Having a CPA can significantly increase your job prospects and salary potential,” emphasizes Sarah Lee, a hiring manager at a local accounting firm.
  • Skill Development: Focus on developing both technical and soft skills. Proficiency in accounting software such as QuickBooks or SAP is essential, but soft skills like communication and teamwork are equally important. “Employers are looking for well-rounded candidates who can adapt to various roles,” states John Miller, a career advisor at Washington University.
  • Feedback and Continuous Learning: Actively seek feedback from professors and peers throughoutyour academic journey. Constructive criticism can help refine your skills and understanding of complex accounting concepts. “The learning process doesn’t stop at graduation; it’s about continuous improvement,” advises Dr. Carter.
  • Job Search Strategies: Utilize career services offered by your university. They often provide resume workshops, interview preparation, and job placement assistance. According to a report by the Bureau of Labor Statistics, the job outlook for accountants is projected to grow by 4% from 2019 to 2029, indicating a steady demand for qualified professionals.
  • Local Job Market Awareness: Stay informed about the accounting job market in Saint Louis. Research local firms, industry trends, and economic factors that may influence hiring.
How does a Accounting degree influence career mobility and advancement in Saint Louis, MO?

An accounting degree significantly influences career mobility and advancement in Saint Louis, MO, a city known for its robust financial sector and diverse job market. Here’s how:

  • Job Market Demand: According to the U.S. Bureau of Labor Statistics, employment for accountants and auditors is projected to grow by 6% from 2021 to 2031, which is faster than the average for all occupations. In Saint Louis, firms like Deloitte and KPMG actively seek graduates from local universities, creating a strong demand for accounting professionals.
  • Educational Institutions: Universities such as Washington University in St. Louis and Saint Louis University offer accredited accounting programs that equip students with essential skills. These institutions emphasize practical experience through internships and co-op programs, which are crucial for career advancement. "The hands-on experience I gained during my internship was invaluable," says a current student at Saint Louis University.
  • Professional Certifications: Obtaining an accounting degree often serves as a stepping stone to professional certifications like CPA (Certified Public Accountant) or CMA (Certified Management Accountant). These credentials can significantly enhance career prospects. In Missouri, CPAs earn an average salary of $73,000, with potential for higher earnings as one gains experience and specialization.
  • Networking Opportunities: Studying accounting in Saint Louis provides access to a network of professionals and alumni. Events hosted by local chapters of organizations like the Missouri Society of CPAs allow students to connect with industry leaders, which can lead to job opportunities and mentorship.
  • Feedback and Continuous Learning: The academic environment in accounting programs encourages feedback through peer reviews and faculty evaluations. This iterative process helps students refine their skills and adapt to the evolving demands of the profession. "Receiving constructivecriticism from my professors helped me grow and prepared me for real-world challenges," notes a graduate from Washington University.
  • Career Advancement Paths: An accounting degree opens doors to various career paths, including public accounting, corporate finance, and government roles. Graduates often start as staff accountants but can quickly advance to managerial positions or specialized roles in forensic accounting or tax advisory, depending on their interests and additional qualifications.
  • Local Economic Factors: Saint Louis boasts a diverse economy with strong sectors in healthcare, manufacturing, and finance.

See What Experts Have To Say About Studying Accounting

Read our interview with Accounting experts

Yaw M. Mensah

Yaw M. Mensah

Accounting Expert

Professor and Interim Vice Dean for Strategic Partnerships

Rutgers Business School

John Wermert, Ph.D., CPA

John Wermert, Ph.D., CPA

Accounting Expert

Associate Professor of Accounting

Middle Tennessee State University

Daniel Szpiro

Daniel Szpiro

Accounting Expert

Professor of Practice

Cornell University

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