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Chartered accountant education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a chartered accountant. Chartered accountants usually study accounting, business/commerce, or business. 72% of chartered accountants hold a bachelor's degree, and 17% hold an master's degree. We analyzed 270 real chartered accountant resumes to see exactly what chartered accountant education sections show.

The most common colleges for chartered accountants are the National University and the National University.

There are also many online chartered accountant courses to help get the education required to be a chartered accountant.

There are certain chartered accountant certifications that you should consider. These chartered accountant certifications include Chartered Certified Accountant (ACCA) and Certified Public Accountant (CPA).

What education do you need to become a chartered accountant?

What degree do you need to be a chartered accountant?

The most common degree for chartered accountants is bachelor's degree, with 72% of chartered accountants earning that degree. The second and third most common degree levels are master's degree degree at 17% and master's degree degree at 6%.
  • Bachelor's, 72%
  • Master's, 17%
  • Diploma, 6%
  • High School Diploma, 1%
  • Other Degrees, 4%

What should I major in to become a chartered accountant?

You should major in accounting to become a chartered accountant. 45% of chartered accountants major in accounting. Other common majors for a chartered accountant include business/commerce and business.

Most common colleges for chartered accountants

Chartered accountants often get their degrees at National University, University of Central Arkansas, and Manchester University. Here are the most common colleges for chartered accountants in the US based on their resumes.
Chartered accountant common collegePercentages
National University13.04%
University of Central Arkansas8.70%
Manchester University8.70%
University of Phoenix8.70%
Kean University4.35%

Best majors for chartered accountants

RankMajorPercentages
1Accounting45.0%
2Business/Commerce22.8%
3Business9.4%
4Finance4.4%
5Management2.2%

Best colleges for chartered accountants

The best colleges for chartered accountants are Northwestern University, University of Pennsylvania, and University of Southern California.

A chartered accountant with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for chartered accountants. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become chartered accountants.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

5. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

6. University of Notre Dame

Notre Dame, IN • Private

In-state tuition

$53,391

Enrollment

8,568

7. SUNY at Buffalo

Buffalo, NY • Private

In-state tuition

$10,099

Enrollment

21,404

8. Lehigh University

Bethlehem, PA • Private

In-state tuition

$52,930

Enrollment

5,030

9. SUNY College at Plattsburgh

Plattsburgh, NY • Private

In-state tuition

$8,369

Enrollment

5,229

10. George Washington University, The

Washington, DC • Private

In-state tuition

$55,230

Enrollment

12,161

20 best online courses for chartered accountants

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Top 10 most affordable universities for chartered accountants

The most affordable schools for chartered accountants are USF Sarasota-Manatee, baruch college of the city university of new york, and brigham young university.

If the best universities for chartered accountants are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for chartered accountants.

1. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

2. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

3. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

4. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

5. University of Houston - Victoria

Victoria, TX • Private

In-state tuition

$6,491

Cost of attendance

19,075

6. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

7. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

8. USF St. Petersburg

St. Petersburg, FL • Private

In-state tuition

$5,821

Cost of attendance

19,849

9. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

10. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

Top 10 hardest universities to get into for chartered accountants

The hardest universities for chartered accountants to get into are Northwestern University, University of Pennsylvania, and University of Southern California.

Some great schools for chartered accountants are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for chartered accountants based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

4. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

5. University of Rochester

Rochester, NY • Private

Admissions rate

29%

SAT average

1,422

6. Northeastern University

Boston, MA • Private

Admissions rate

19%

SAT average

1,466

7. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

8. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

9. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

10. University of Notre Dame

Notre Dame, IN • Private

Admissions rate

18%

SAT average

1,502

Top 10 easy-to-apply-to universities for chartered accountants

The easiest schools for chartered accountants to get into are Oklahoma Wesleyan University, holy names university, and university of north texas at dallas.

Some schools are much easier to get into. If you want to start your career as a chartered accountant without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for chartered accountants.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

4. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

5. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

6. University of Houston - Downtown

Houston, TX • Private

Admissions rate

83%

SAT average

1,012

7. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

8. University of Baltimore

Baltimore, MD • Private

Admissions rate

78%

SAT average

1,020

9. Mount Saint Mary's University

Los Angeles, CA • Private

Admissions rate

84%

SAT average

1,031

10. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

Average chartered accountant salary by education level

Chartered accountants with a Doctorate degree earn more than those without, at $80,209 annually. With a Master's degree, chartered accountants earn a median annual income of $77,318 compared to $68,207 for chartered accountants with an Bachelor's degree.
Chartered accountant education levelChartered accountant salary
Master's Degree$77,318
Bachelor's Degree$68,207
Doctorate Degree$80,209

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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