Studying Finance and Accounting in the United States

Why Studying Finance and Accounting in the United States is Important

The United States is renowned as a global superpower, not only for its strong military and stable politics but also as the world's financial center. Every day, news reports highlight the economic landscape of the U.S., including stock markets, interest rates, and unemployment figures, all of which impact the global economy. Therefore, studying finance and accounting in the U.S. is not just an option; it's a pathway to a bright future.

Differences Between Finance and Accounting

Students interested in finance and accounting should understand that these two fields are distinctly different:

• Finance

  focuses on forward-looking aspects such as investment planning and risk management.

• Accounting

  looks backward, analyzing financial data from the past to produce reports, such as annual reports and cash flow statements.

Finance Programs in the United States

At the undergraduate level, finance is typically a major within the business administration department, while graduate programs offer specialized degrees in finance. Students should thoroughly research the curriculum and courses available, considering their future career paths such as corporate finance, international finance, or financial marketing to ensure alignment with their interests.

Accounting Programs in the United States

Undergraduate, graduate, and doctoral programs allow students to either focus on accounting specifically or as part of a business administration degree. Accounting careers offer a variety of options, including auditing, taxation, and management accounting.

Career Opportunities After Graduation

A degree in finance or accounting from the United States opens doors to job opportunities in Thailand, the U.S., and internationally. Accounting professionals are in demand across all types of companies, while finance graduates typically earn higher average salaries compared to other business administration fields. Many CEOs and top executives have a background in finance.

Standards for Professional Certification

Careers in finance and accounting in the U.S. are held to high standards. Successfully passing the Certified Public Accountant (CPA) exam or obtaining the Chartered Financial Analyst (CFA) designation significantly enhances job prospects.

Recommended Universities for Finance and Accounting

IDP recommends the following universities known for their finance and accounting programs:

• University of Dallas, MBA Program

• California State University, Los Angeles

• California State University, Fresno

Choosing to study at a reputable university will increase your employment opportunities and pave the way for a successful career.

IDP Services

IDP is here to assist you at every stage of your application process for studying in the United States. Whether you need advice on selecting the right programs, preparing documents, applying to universities, or obtaining a visa, our team has the expertise to guide you and help you confidently achieve your educational goals.