University of Chicago

USA
2 Scholarships 177 Programs 3 Degree levels
Masters

Master's in Accounting and Related Services

Offered at University of Chicago, USA
DegreeMasters
FieldAccounting and Related Services.
A

Cost & earnings at University of Chicago What students borrow here, and what they go on to earn

You borrow $15,000 median federal debt
You repay $171/mo over 10 years
Graduates earn $91,885 10 yrs after entry
Debt clears in 0.3 yrs of the salary premium
US Department of Education figures See the full breakdown →
C

Accounting graduates earn a median $59,954 Across 616 US programmes, two years after finishing

See the degree grade →

The Master’s in Accounting and Related Services at the University of Chicago is a postgraduate programme designed to deepen technical accounting knowledge while building skills in data analytics, auditing and regulatory practice. It suits recent graduates and early-career professionals aiming for public practice, industry accounting roles or preparation for professional qualifications such as the CPA.

What you'll study

The programme combines core accounting theory with applied practice and quantitative methods. Typical topics include financial accounting and reporting, managerial and cost accounting, auditing and assurance, and taxation. Students also study accounting information systems, data analytics for accounting, and courses on accounting regulation and ethics.

Teaching mixes classroom seminars, case studies and hands-on analytical coursework. Many curricula include a capstone project or practicum that applies accounting methods to a real or simulated client problem, and optional electives allow specialisation in areas such as forensic accounting, tax planning, valuation, or government and non-profit accounting.

Technical skills emphasised across modules include financial statement analysis, advanced Excel and database use, statistical and machine-learning techniques for accounting data, and familiarity with contemporary financial reporting frameworks.

Entry requirements

  • Undergraduate degree: A recognised bachelor’s degree in any discipline. Degrees with quantitative coursework are favoured, and candidates without prior accounting study should expect to complete preparatory modules or demonstrate equivalent knowledge.
  • Academic transcripts: Official transcripts showing academic performance across undergraduate studies.
  • Supporting documents: A current CV, a personal statement outlining motivation and career goals, and at least one academic or professional reference.
  • Standardised tests and English language: Some applicants may be asked to provide GMAT or GRE scores; many programmes also accept waivers for candidates with substantial quantitative experience or advanced degrees. International applicants whose first language is not English must demonstrate proficiency through an approved English language test or equivalent evidence.
  • Work experience (optional): Relevant professional experience is beneficial, particularly for those applying to part-time or executive-format options, but is not always required for recent graduates.

Career prospects

Graduates typically move into roles in public accounting firms, corporate finance and accounting departments, tax and advisory practices, and financial reporting teams. Common entry and early-career roles include audit associate, tax associate, financial analyst, management accountant and internal controls specialist.

Longer-term career paths include senior positions in financial reporting, controllership and chief financial officer roles, specialised advisory and forensic accounting positions, and consultancy in risk and regulatory compliance. Many graduates also use the degree as preparation for professional qualifications such as the Certified Public Accountant (CPA), Chartered Accountant (where applicable) or other industry certifications.

Why study at University of Chicago

The University of Chicago offers a rigorous, analytically driven approach to accounting education, emphasising the quantitative tools and critical thinking that employers seek. Students benefit from access to faculty with research and practice experience, cross-disciplinary opportunities across economics, law and data sciences, and a strong career services operation that connects graduates to the Chicago business community and national employers.

Additionally, proximity to one of the United States’ major financial and corporate centres provides practical internship and networking opportunities. The university’s alumni network and industry links support transition into public accounting, corporate roles and advisory practices, while coursework is designed to be immediately applicable to professional examinations and workplace responsibilities.

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Programme details are indicative and may change — always verify current information with the official university website before applying.