Best Accounting Schools in Michigan with High Acceptance Rates
Do you want to get admission to the best accounting school in Michigan with a high acceptance rate? Then you must have a roadmap for your accounting career guiding your intention of where you want to lead your career for which you have to plan. If you have given this thought and have decided to take admission in a Michigan accounting school, there are several options where you can apply according to your GPA. You can determine the school which fits best for your career path.
If you want to pursue a Bachelor’s and Master’s degree in the discipline of accounting and want to be an accountant or auditor; then you must know there is a lot of scope in this field. In addition, there is always a demand for accountants in almost every type of business there is. So if you are one that hunts for your dream accounting institute, you’ve hit the jackpot with this article that is going to guide you about some of the best accounting schools with high acceptance rates in Michigan.
Does High Acceptance Rate Matter?
Of course it does! An acceptance rate refers to the percentage of student intake that a college, school or university usually sets. Acceptance rates matter for those applicants who have a preference for certain types of university programs, location, or GPA they have secured.
There are tons of business schools in Michigan but how to find which ones which have high acceptance rates. It would take hours of scouring and searching for the right university with the right program. This is why the following list comes in handy. The following list lists Michigan accounting schools with high acceptance rate and some with low GPA requirements.
Best Accounting Schools in Michigan with High Acceptance Rates
Many students are interested in accounting as they enjoy doing mathematics and they like to evaluate financial concepts. Whether it’s a business, government agency, or entrepreneurial venture, all these accounts have a core value. Therefore, there are many accounting programs offered in business schools. If you want to enroll in the accounting schools in Michigan, then here is the list of business schools where you can apply for the accounting programs:
1. Michigan State University
At Michigan State University, the school offers accounting programs to undergraduates and graduates in the department of Accountancy. At the undergraduate level, they offer 12 courses and 150 hours of CPA. Other than that, Extra Curricular also makes a difference in admissions. As for the graduate programs they could be completed within three semesters. Each semester would be a load of courses.
Undergrad: Acceptance rates are 83%, and the average GPA required is 3.9.
Graduate: Average GPA required is 3.00.
2. Grand Valley State University
Grand Valley State University offers accounting programs to undergraduates and graduates in the department of accountancy. In undergraduate programs, they offer 120 credit hours. Extra-Curricular activities help students get in as well. As for the graduate programs, they could be completed in 15 weeks with 33 credit hours.
Undergrad: Acceptance rates are 91.7%, and the average GPA required is 2.5.
Graduate: The average GPA required is 3.00.
3. University of Michigan
For an aspiring accountant, there is quite a diverse range of programs offered at the University of Michigan at undergraduate, graduate, and postgraduate levels. For someone looking for an undergraduate degree, they offer 9 courses and 38 credit hours. Having non-academic yet productive activities on one’s resume also makes them more desirable to their admissions department. As for the graduate programs with 10 courses, which offer 30 credit hours.
Undergrad: Acceptance rates are 83.3%, and the average GPA required is 2.80.
Graduate: Average GPA required is 3.30.
4. Andrews University
Andrews University can be considered a legible option when it comes to securing an undergraduate or graduate degree through an online business school. They support a digital interface that is highly conducive to learning and facilitates students with the ease of use and top-notch education. When applying for their undergraduate degree, one must have completed business core courses (39 credits) and the major required and elective courses (27 credits). Possessing other useful talents and skills would also give someone an edge over the other candidates. As for the graduate programs, they entail 7 courses structured within 33 credit hours. Students must take the Accounting/Finance concentration instead of four elective courses. The average GPA required is 2.75.
Undergrad: A minimum GPA required of 2.33
Graduate: The average GPA required is 2.75.
5. Lake Superior State University
LSSU is another prestigious institute that offers its students online diplomas and degrees in the business and commerce field. For those interested in undergraduate programs, they offer 150 hours of coursework. The advisor is to select 26 additional credits beyond the accounting degree’s required 124 credits. As for the graduate programs, the eligibility criteria include a minimum of 124 credits.
Undergrad: The pre-requisite of a 2.00 GPA and above must be fulfilled.
Graduate: Cumulative GPA of 2.00 or higher.
Is an Accounting Degree Worth it?
For students whose interests are in the area of finance, business, banking, and entrepreneurship then they should pursue their bachelor’s degree in Accounts which would be great for their career. An accounting degree gives an individual the essential expertise and knowledge about the workings and financial elements of various businesses. As students grow and learn more, the degree gets more profitable for them. Even after the advancement of technologies, there would still be the need for accountants for strategic thinking and critical thinking to get effective outputs.
How to Become a CPA in Michigan
1. Complete the Bachelor’s Degree
First, you need to complete semester hours of business school in Michigan and then receive a degree in Bachelor’s in any accounting program. Usually 30 hours for each semester in undergraduate are required. For the graduate degree in accounting, the MBA degree must have 12 semester hours.
2. Gain Experience
CPA candidates are required to earn a minimum of 2000 hours of training to get accounting experience, and that training has to be approved by the licensed CPA. Students should gain experience when they are enrolled in the program for two or four years of the degree. They must practice their studies in the public, government, and offices so that they would have a better understanding of their field.
3. Apply and Clear CPA Examination
Candidates who have completed their undergraduate degree in accounting with 120 semester hours can appear for the CPA exam created by the American Institute of Certified Public Accountants (AICPA). This test is administered by the National Association of State Boards of Accountancy (NASBA). Students need to apply for the exam on the (NASBA) website. The exam would have 4 sections and they need to clear all four with 75% or higher to qualify for a CPA license.
4. Apply for Your License
Candidates who have achieved 75% or more than 75% can apply for the license and need to pay the fees on the Licensing and Regulatory Affairs (LARA) website. They must have official academic transcripts that will prove that they have completed the required process. Their work experience has to be verified by the licensed CPA.
5. Receive Your CPA License
The process can take time from 2 to 6 weeks. The applicant can track the process through the LARA website. As the process is finished then the website will be updated completely and then the applicant would be officially licensed and can start their practice. An official letter with the card will be sent by mail to the applicant.
Employment Rate and Job Opportunities for the Accountant in Michigan
According to the research, the employment rate and job opportunities for accountants in Michigan would increase. Future predictions are that the employment rate for the accountant will rise to 5.6% in the US and there will be increased demand for accountant employees in future years. There are many job opportunities in government and offices, and even now you can do remote work and can find a job online through websites. If we observe the facts and figures of the modern day, there are over 1.3 million accountants and auditors in the United States. What’s better is that these numbers are only likely to grow in the coming years.
Conclusion
The cost of an accounting degree can vary depending on your GPA and level of income or financing. A bachelor’s degree would only lead you to the business world with only entry-level positions. To take your qualification, experience, and competency to the next level you would need to aim higher in terms of academic success to meet the requirements of the CPA. Accounting degrees do have a scope and that scope is going to increase more according to the statistics.
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