Cost & earnings at Indiana University Bloomington What students borrow here, and what they go on to earn
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 Indiana University Bloomington is a graduate programme designed to deepen technical accounting knowledge, professional skills and ethical judgment for students preparing for public accounting, corporate finance or advisory careers. It suits recent graduates with an accounting or related undergraduate degree and early-career professionals seeking the additional coursework required for professional certification and competitive recruiting.
This master's provides intensive coverage of core accounting disciplines alongside complementary business topics and professional skills. Typical modules include financial accounting and reporting, advanced auditing, taxation (individual and business), managerial and cost accounting, accounting information systems, and ethics and professional responsibility. Students also study quantitative methods and research techniques relevant to accounting practice and may take elective courses in areas such as forensic accounting, valuation, government and nonprofit accounting, or advanced data analytics for accounting.
The programme balances technical coursework with applied learning: coursework can include case studies, group projects, practitioner guest lectures and simulations that mirror audit, tax and advisory engagements. Depending on course choices and mode of study, students complete the degree in a one- to two-year timeframe, accumulating the graduate credits required for degree conferral and for many students, the additional semester hours needed to pursue certified public accountant (CPA) or other professional credentials.
Applicants are normally expected to hold a recognised bachelor’s degree. Strong candidates typically have an undergraduate background in accounting, finance, business or a closely related discipline; applicants from other fields may be considered if they have completed key prerequisite coursework (for example, introductory financial accounting and managerial accounting).
Typical admissions materials include an academic transcript, a personal statement outlining career goals and fit with the programme, and letters of recommendation. Many applicants submit a GMAT or GRE score where required or recommended by admissions; some applicants with strong academic or professional records may be considered for waivers. International applicants must demonstrate English language proficiency through a recognised test unless exempted by prior education in English. Relevant professional experience can strengthen an application but is not always mandatory.
Graduates go on to careers across public accounting, corporate accounting and advisory services. Common roles include external auditor, tax consultant, management accountant, financial analyst, internal auditor and accounting systems specialist. The programme also prepares graduates for specialist paths such as forensic accounting, valuation and transaction services, and roles in government and not-for-profit organisations.
Many students use the degree as a route to professional certification (for example, the CPA) and to positions with large public accounting firms, regional firms, corporate finance departments and consulting practices. The blend of technical training and applied projects helps graduates develop client-facing, analytical and leadership skills employers seek.
The programme is delivered within Indiana University Bloomington’s business school environment, which combines academic expertise in accounting with extensive links to employers and alumni. Students benefit from a curriculum informed by faculty research and practitioner perspectives, plus career services that support recruiting, interview preparation and internship placement.
Indiana University’s campus and professional network provide access to regular employer engagement, guest speakers from industry and a vibrant alumni community in accounting and finance. The school’s commitment to experiential learning and career development helps graduates move quickly into professional roles or advance existing careers.
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