Top Master's Degree Programs in Accounting and Finance - Chicago, IL

School and Ranking Information

Most of the schools in the Chicago area that offer master's programs in accounting and finance are private not-for-profit institutions, though a couple of 4-year public schools have relevant programs as well. Based on school type, program options and rankings, the following school is considered a top school for accounting and finance:

  • Winner: University of Illinois at Chicago is a nationally ranked, 4-year public institution. It offers a Master of Science in Accounting (MSA), Master of Science in Finance, Master of Business Administration with a concentration in accounting and a Master of Business Administration with a concentration in finance.

Category University of Illinois at Chicago
Rankings #22 (tied) for undergraduate finance programs (2015), #78 among top public schools**
Location Chicago, Illinois
School Type 4-year, public
Undergraduate Tuition & Fees (2014-2015) $13,634 (in-state); $26,024 (out-of-state)*
Accounting and Finance Degrees Offered Bachelor's, master's
Accounting and Finance Degrees Awarded (all levels) in 2013-2014 488*
Most Popular Accounting and Finance Degree Program Level in 2013-2014 Bachelor's (354 awarded in accounting and finance combined)*
Undergraduate Graduation Rate (in 150% of normal degree time) for 2007 Entering Class 57%*
Noteworthy Many student organizations available - such as the Accounting Club, MBA Association and the Master of Science in Accounting Association***

Source: *NCES College Navigator, **U.S. News & World Report, ***University of Illinois at Chicago

University of Illinois at Chicago

  • Graduates of the MSA program have one of the highest pass rates on the CPA exam
  • School takes advantage of location in a world-recognized city for futures and options trading
  • A joint degree program lets students satisfy the requirements of an MBA and MS

University of Illinois at Chicago is the largest university in Chicago. Established in 1859, the school is noted for the diversity of its student body. It has a student population of 27,589 as of 2013.

The university offers a Master of Science in Accounting, which prepares students to take certification exams, such as the CPA and CMA. Courses include financial statements analysis, advanced auditing and accounting research. The Master of Science in Finance combines economics, statistics and accounting. Courses include portfolio management, introduction to money and banking and small business finance.

Students can also receive their Master of Business Administration with concentrations in either accounting of finance. The accounting option is designed for careers in specialized areas, such as nonprofit, financial and managerial accounting. The finance option consists of 54 credit-hours, and subjects include futures markets and portfolio analysis.

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