by our College Data Analytics TeamHere, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how UMN Twin Cities ranks compared to other colleges offering a major in accounting.
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In College Factual's most recent rankings for the best schools for accounting majors, UMN Twin Cities came in at #20. This puts it in the top 5% of the country in this field of study. It is also ranked #1 in Minnesota.
| Ranking Type | Rank |
|---|---|
| Best Accounting Master’s Degree Schools | 16 |
| Best Accounting Bachelor’s Degree Schools | 17 |
| Best Accounting Graduate Degree Schools | 19 |
| Best Accounting Schools | 20 |
During the 2021-2022 academic year, University of Minnesota - Twin Cities handed out 140 bachelor's degrees in accounting. This is an increase of 13% over the previous year when 124 degrees were handed out.
In 2022, 32 students received their master’s degree in accounting from UMN Twin Cities. This makes it the #166 most popular school for accounting master’s degree candidates in the country.
The median salary of accounting students who receive their bachelor's degree at UMN Twin Cities is $66,591. This is great news for graduates of the program, since this figure is higher than the national average of $53,483 for all accounting bachelor's degree recipients.
The typical student loan payment of a bachelor's degree student from the accounting program at UMN Twin Cities is $293 per month.
Out-of-state part-time undergraduates at UMN Twin Cities paid an average of $1,324 per credit hour in 2022-2023. The average for in-state students was $558 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $14,496 | $34,410 |
| Fees | $1,992 | $1,992 |
| Books and Supplies | $1,000 | $1,000 |
| On Campus Room and Board | $13,028 | $13,028 |
| On Campus Other Expenses | $2,350 | $2,350 |
Learn more about UMN Twin Cities tuition and fees.
Of the 140 students who earned a bachelor's degree in Accounting from UMN Twin Cities in 2021-2022, 47% were men and 53% were women.
The majority of the students with this major are white. About 76% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota - Twin Cities with a bachelor's in accounting.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 15 |
| Black or African American | 0 |
| Hispanic or Latino | 5 |
| White | 107 |
| Non-Resident Aliens | 6 |
| Other Races | 7 |
Online degrees for the UMN Twin Cities accounting bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the UMN Twin Cities Online Learning page.
Accounting majors graduating with a master's degree from UMN Twin Cities make a median salary of $78,000 a year. This is a better than average outcome since the median salary for all accounting graduates with a master's is $68,141.
During the 2021-2022 academic year, 40 students graduated with a master's degree in accounting from UMN Twin Cities. About 55% were men and 45% were women.
The majority of the students with this major are white. About 73% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota - Twin Cities with a master's in accounting.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 4 |
| Black or African American | 1 |
| Hispanic or Latino | 1 |
| White | 29 |
| Non-Resident Aliens | 5 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the accounting majors at University of Minnesota - Twin Cities.
| Related Major | Annual Graduates |
|---|---|
| Business Administration & Management | 640 |
| Finance & Financial Management | 329 |
| Marketing | 224 |
| Human Resource Management | 212 |
| General Sales & Marketing | 98 |
More about our data sources and methodologies.