MISSOULA – The University of Montana’s accounting programs are among the nation’s top 25 accounting schools.
The Public Accounting Report, a monthly periodical that covers the accounting profession, recently announced its 2019 rankings for the best undergraduate and graduate accounting programs in the country. UM’s undergraduate and graduate accounting programs both landed on the list.
Drawing on peer assessment surveys from 1,000 accounting faculty at 200 U.S. colleges and universities, UM’s undergraduate accounting program landed at No.12 and the University’s graduate degree in accounting landed at No. 14 for institutions with less than 16 accounting faculty members.
In the western region, UM’s undergraduate accounting program was ranked No. 21 and the master’s program was ranked No. 20. The west region includes more than 200 undergraduate accounting programs and 130 accounting programs of all sizes in 15 western states.
“These rankings mean that faculty from across the country from all kinds of schools recognize our students’ quality and success as well as the reputation of UM accounting faculty,” said Terri Herron, UM accounting professor and KPMG faculty fellow, and director of UM’s Master of Accountancy program. “We know our programs are rigorous, but this affirms that what we do in our corner of the Rockies really does shine wherever our students go.”
Herron said the department’s low faculty-to-student ratio and relationships with industry professionals bolsters student training in accounting and finance.
Housed in the Department of Accounting and Finance in UM’s College of Business, UM offers an undergraduate business administration degree in accounting, a master’s degree in accountancy and a certificate in accounting information systems. Students study government and nonprofit accounting, as well as taxation, auditing and accounting information systems. Graduates are prepared for positions in corporate, government or nonprofit accounting.
Graduate accounting students develop technical and leadership capability for advancement in the accounting profession and other related business careers, including CPA licensure. UM graduate accounting students have a 95% job placement rate upon graduating and are highly successful on the Certified Public Accountant exam.
UM’s accounting degree pathways are separately accredited by the Association to Advance Collegiate College of Business ̶ the only AACSB-accredited accounting program in Montana.
The U.S. Department of Labor’s Bureau of Labor Statistics projects a 10% increase in demand for accounting professionals in the near future.
“Our students are successful and have careers in a variety of fields,” Herron said. “Our curriculum equips them for their first job and the skills to advance to their 10th job.”