American University MS Accounting: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Master of Science [M.S] [Accounting] From American University

Washington, District of ColumbiaLocation
UniversitySchool type
Estd1893established year
13858enrollment
Private (Not for Profit)
Partner [1 Courses]
8.1/10

Master of Science [M.S] (Accounting)

2 years
Full Time
On Campus

Field of Study

$57,660 /Yr

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Study Abroad Team

Updated on - Jun 15, 2026

American University Master of Science [M.S] Accounting is a 2-year, full-time graduate program in Washington DC designed for international students seeking deep expertise in accounting, auditing, tax, and corporate finance. The program combines rigorous classroom instruction with practical case studies, preparing graduates for CPA exam eligibility and accounting careers across Fortune 500 firms and mid-market practices in the United States and globally.

The program trains students to become strategic financial advisors—not just compliance specialists. Its distinctive strength lies in small class sizes (20–30 students per cohort), mentorship-driven learning, and partnerships with professional firms like Deloitte and EY. The ideal applicant holds a business or accounting undergraduate degree, demonstrates strong analytical skills, and aims for either a CPA credential or roles in corporate accounting, audit, or tax consulting.

  • Direct pathway to US CPA exam eligibility upon graduation.
  • Internship and full-time placement rates exceeding 95% within six months of graduation.
  • Access to employer-sponsored scholarship funds and graduate assistantships worth USD 5,000 to USD 15,000 annually.

Current Admission Status

Applications for the Fall 2026 intake are Open. International student priority deadline: May 15, 2026. Regular deadline: July 1, 2026.

For Indian applicants, ensure WES (World Education Services) evaluation of transcripts is initiated immediately. Processing timelines for official degree documents from Indian universities typically require 4-6 weeks; submit applications at least three weeks before your target deadline to account for this lag.

Also Check: American University MS Accounting Admission

American University Master of Science [M.S] Accounting Fees and Living Costs 2026

Tuition and fees for the MS Accounting program total USD 124,000 over two years.

Fee ComponentAnnual (USD)Annual (INR)Total 2 Years (USD)Total 2 Years (INR)
Tuition and FeesUSD 62,000INR 5,906,120USD 124,000INR 11,812,240
Health InsuranceUSD 2,400INR 228,624USD 4,800INR 457,248
Books and SuppliesUSD 1,200INR 114,312USD 2,400INR 228,624
Total Estimated CostUSD 65,600INR 6,249,056USD 131,200INR 12,498,112

Application fees are non-refundable at USD 75. International student visa processing fees (SEVIS — Student and Exchange Visitor Information System) add USD 350. Accounting students purchase professional reference materials (accounting standards, tax codes) totalling approximately USD 400 across the two years.

All INR conversions in the article use a conversion rate of USD 1 = INR 95.26 as of June 2026. Rates fluctuate daily, verify before applying.

Cost of Living in Washington DC for MS Accounting Students

Expense CategoryMonthly Range (USD)Monthly Range (INR)Annual Estimate (USD)Annual Estimate (INR)
Housing (shared apartment)USD 900–1,200INR 85,734–114,312USD 11,000–14,500INR 1,047,860–1,381,270
Food and GroceriesUSD 300–400INR 28,578–38,104USD 3,600–4,800INR 343,536–457,248
Transportation (Metro Pass)USD 120–150INR 11,431–14,289USD 1,440–1,800INR 137,174–171,468
Utilities and InternetUSD 80–120INR 7,621–11,431USD 960–1,440INR 91,450–137,174
Phone and MiscellaneousUSD 80–100INR 7,621–9,526USD 960–1,200INR 91,450–114,312
Total Annual Living CostsUSD 17,000–23,500 (INR 1,621,470–2,240,492)
ROI Reality: Combined program cost plus living expenses averages INR 14.72 Lakhs over two years. MS Accounting graduates earn entry salaries of USD 55,000–65,000, translating to annual gross income of INR 52.43–61.92 Lakhs, allowing full cost recovery within 2–3 years post-graduation.

Also Check: Cost of Living in the United States for Indian Students

American University Master of Science [M.S] Accounting Admission 2026

Admission is rolling with two primary intakes: Fall (July to August start) and Spring (January start). Most international students enroll in Fall.

Admission CriterionRequirement
Undergraduate GPA (minimum)3.0 on a 4.0 scale
Bachelor’s DegreeAccredited institution; accounting or business major preferred but not required
Prerequisite Accounting CoursesIntroductory Accounting I and II (or equivalent); Business Calculus or Statistics
Standardized Test (GMAT or GRE)GMAT (Graduate Management Admission Test): 500+ (optional for candidates with 3.5+ GPA); GRE (Graduate Record Exam): Quantitative 150+
Letters of Recommendation3 letters (from professors, employers, or supervisors with direct knowledge)
Statement of Purpose500–750 words explaining career goals and why AU MS Accounting
ResumeCurrent CV highlighting work experience, technical skills, and leadership
Application FeeUSD 75 (non-refundable)

American University ranked 88th in the United States (US News 2026), with particular strength in business and accounting education through the Kogod School of Business. The program maintains a moderately selective admissions profile with a 62% acceptance rate overall, though MS Accounting is more competitive, averaging 45–50% acceptance for this cohort.

English Language Proficiency (ELP) Requirements

International students whose native language is not English must demonstrate proficiency via one of the approved tests below. ELP (English Language Proficiency) assessment is mandatory for visa approval. Minimum overall and component scores are non-negotiable.

English Proficiency TestMinimum Overall ScoreMinimum Component Scores
TOEFL iBT (Test of English as a Foreign Language)80 overallReading 19, Writing 18, Speaking 20, Listening 18
IELTS Academic (International English Language Testing System)6.5 overallNo individual band below 6.0
Duolingo English Test110Not applicable; no component breakdown
PTE Academic (Pearson Test of English)59 overallNo section below 51
  • TOEFL and IELTS are most widely recognized; both are accepted for F-1 visa applications without secondary review.
  • For Indian test-takers, IELTS is typically more accessible due to testing center density across India; TOEFL iBT also administered online, reducing logistical barriers.
  • A score of TOEFL 95 or higher, or IELTS 7.5 or higher, is preferred for graduate assistantship funding (worth USD 8,000–10,000 annually).
Tip for Indian Students: Submit TOEFL or IELTS scores at least six weeks before your application deadline; test score delivery to American University takes 3–5 business days. Plan your test date accordingly to avoid deadline misses.

American University Master of Science [M.S] Accounting Application 2026

The application process is entirely online through American University’s graduate admissions portal. All required documents must be submitted and verified before a decision is issued.

Deadline / IntakeApplication DeadlineExpected Decision DateProgram Start
Fall 2026 (Priority)May 15, 2026June 15, 2026July 28, 2026
Fall 2026 (Regular)July 1, 2026August 1, 2026July 28, 2026
Spring 2027October 15, 2026November 15, 2026January 10, 2027
Fall 2027 (Expected)Expected March 2027Expected May 2027Expected August 2027
  • Applications submitted by the priority deadline receive financial aid consideration first; later submissions enter the same pool but with reduced scholarship likelihood.
  • Official transcript evaluation via WES or similar credential evaluator must be completed before final admission; international students should initiate this 6–8 weeks before the application deadline.
  • Admitted students typically receive a decision letter with a specific date by which they must confirm enrollment and pay a USD 500 deposit to reserve their seat.
Application Tip: The Fall 2026 priority deadline was May 15, 2026; at the time of writing (June 2026), this date has passed. Apply immediately for the Fall 2026 regular deadline (July 1) or plan for Spring 2027. Do not delay verification of prerequisites and English test scores.

American University Master of Science [M.S] Accounting Scholarships 2026

Merit scholarships and graduate assistantships are available for qualified international students, with awards ranging from USD 5,000 to USD 20,000 annually.

  • Merit scholarships (USD 8,000–15,000 annually) are awarded automatically to applicants with GMAT 580 or higher, or GRE Quantitative 160 or higher, GPA 3.5 or higher, and TOEFL 95 or higher.
  • Graduate teaching assistantships (USD 10,000–15,000 annually plus tuition reduction of 25 percent) are competitive; applications close with general admissions; priority given to students with 3.6 or higher GPA and prior teaching or tutoring experience.
  • Graduate research assistantships (USD 8,000–12,000 annually) support faculty-led accounting research projects; fewer than five positions available per cohort.

For an international student with merit scholarship of USD 12,000 annually, the effective cost per year drops to USD 53,600, reducing the total two-year program cost to approximately INR 10.22 Lakhs.

Scholarship Reality: Merit funding is highly competitive for international students; fewer than 25 percent of non-US admits receive aid above USD 5,000. Plan finances assuming full tuition unless you hold a GMAT 600 or higher, or an exceptionally strong profile.

Check Out: Scholarships for Indian Students in the USA

American University Master of Science [M.S] Accounting Salary and Placements 2026

Graduates of the MS Accounting program earn strong entry-level salaries and report placement rates above 95 percent within six months of graduation.

Role CategoryEmployer TypeGross Annual Salary (USD)Gross Annual Salary (INR)Typical Title
Public Accounting / AuditBig Four (Deloitte, EY, KPMG, PwC)USD 62,000–75,000INR 59.11–71.45 LakhsAudit Senior / Analyst
Tax AccountingMid-market firms or corporate tax departmentsUSD 58,000–70,000INR 55.25–66.68 LakhsTax Analyst / Associate
Corporate AccountingFortune 500 finance teamsUSD 60,000–72,000INR 57.16–68.59 LakhsAccounting Analyst / Senior Accountant
Forensic / ComplianceSpecialized firms or consultingUSD 55,000–68,000INR 52.41–64.78 LakhsCompliance Specialist / Junior Investigator

Gross salary figures listed above are pre-tax. After US federal income tax (approximately 12–15 percent for entry-level salary brackets in DC), state income tax (5.75 percent in Virginia; zero percent in Washington DC if employed there), and Social Security/Medicare withholding (7.65 percent), take-home income is approximately 75–80 percent of gross.

Source: American University Career Services Post-Graduation Survey 2025; Kogod School Graduate Employment Report.

Honest Take: MS Accounting graduates earn 50–60 percent more than typical bachelor-level accounting hires. Bonuses in public accounting (typically 10–15 percent of base salary) are common after Year 2; corporate roles offer smaller bonuses or profit-sharing. CPA (Certified Public Accountant) bonus upon certification adds USD 3,000–10,000 in many firms.

Read More: American University Graduate Employment Outcomes

United States Visa Pathway for MS Accounting Students 2026

International students pursue studies in the United States on an F-1 Student Visa. This two-year program qualifies graduates for post-study work authorization, allowing up to 12 months of full-time employment in accounting roles (note: Accounting is classified as non-STEM, so the extended 36-month OPT period does not apply).

  • F-1 SEVIS (Student and Exchange Visitor Information System) processing is mandatory; university completes the process upon conditional admission. Cost: USD 350. Timeline: 3–5 business days after payment.
  • OPT (Optional Practical Training) begins upon graduation and allows 12 months of US work experience without employer sponsorship. Many employers convert OPT workers to H-1B visa sponsorship at the one-year mark for longer-term retention.
  • H-1B skilled worker visa (sponsored by an employer) requires a baseline salary of USD 60,000 or higher annually for accounting roles. Cap-subject H-1B petitions are filed annually; accounting graduates typically qualify under the regular cap, not specialty occupation-protected tiers.
  • Permanent residency (Green Card) pathways for accounting professionals typically follow EB-3 skilled worker or EB-2 professional categories, requiring employer sponsorship and labor certification; timelines range from 5–10 years from petition to approval.
Visa Reality: F-1 provides two-year student status. Post-graduation OPT (12 months) gives a 3-year total US window for securing H-1B sponsorship. Early employer engagement during internships (typically in Year 2 summer) is critical for OPT-to-H-1B transition planning.

Also Check: F-1 Student Visa and US Study Permit Guide

Master of Science [M.S] Accounting FAQs

Ques. Can I pursue the MS Accounting programme part-time while working?

Ans. The programme is designed as full-time, with 30 credit hours per year delivered across day and evening courses. Many students work 15–20 hours per week while maintaining full-time status. Part-time status (fewer than 12 credits per semester) violates F-1 visa requirements unless you secure official written permission from the International Student Office and SEVIS updates your record. Check with International Student Services before enrolling part-time.

Ques. Do I need to pass the CPA exam to graduate?

Ans. No. The programme satisfies the educational requirement for CPA (Certified Public Accountant) exam eligibility in most US states (typically 120 credit hours of accounting and business coursework). Graduates are eligible to sit the Uniform CPA Examination; passing the exam is not a graduation requirement. Most graduates take the exam within 6–12 months post-graduation while employed in accounting roles.

Ques. What happens if my undergraduate degree is not in accounting?

Ans. A non-accounting background is acceptable; you must complete prerequisite courses (Intro to Accounting I and II, Business Calculus or Statistics) before or during Year 1. If your bachelor’s was in engineering, biology, or liberal arts, these prerequisites are mandatory. If you completed them in your bachelor’s programme (or equivalent), you may waive them. Contact the Admissions Office with your transcript to confirm prerequisite status.

Ques. Are there internship opportunities during the programme?

Ans. Yes. Most students intern during summer between Year 1 and Year 2 (10–12 weeks, typically USD 20–25 per hour). Big Four and mid-market firms recruit heavily at AU; internship placement rate is 92 percent. Internship experience is crucial for full-time job offers; 80 percent of graduates secure their first role via internship conversion.

Ques. Can I work in India after graduation, or must I work in the United States?

Ans. You are eligible to work anywhere globally after graduation. However, your F-1 student visa status allows employment only in the US via OPT (12 months post-graduation). If you wish to return to India immediately after graduation, you forfeit OPT eligibility. Many graduates work in the US for 1–3 years (accumulating OPT and H-1B time) before relocating to India with US-accredited experience, which commands premium salary in Indian accounting firms and multinational corporations.

The MS Accounting programme at American University prepares you for a globally mobile accounting career. Strong technical foundation, US employer networks, and professional credentials (CPA eligibility and OPT work authorization) make this degree valuable whether you remain in North America or return to India after accumulating US experience. For Indian applicants, the key decision-driver is timing: apply by the Fall 2026 regular deadline or commit to Spring 2027 intake now, and initiate credential evaluation (WES) within two weeks to meet document submission deadlines.


Tuition Fees

Year1st Year Fees
Tuition Fees$57660

Other Expenses

HeadAvg Cost Per Year
Housing$18576
Transportation$1676

Previous Year Tuition Fees

Year1st Year Fees
2023$57286
2022$33975

Scores Required

80 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

53 / 90

Avg. Score in

PTE

120 / 160

Avg. Score in

Duolingo


Ranking

202320182017

Times Higher Education logo
Accounting 601 out of 1501 in Global Ranking
( #54 out of 161 in USA 2023)

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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
TEC ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
BeArt Presets-Academic ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyBachelorTypeMerit-Based
Chuan Ai Lu Engstrom Memorial ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific

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