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UNDERGRADUATE

Accounting

Develop the analytical rigor, financial insight, and professional judgement organizations depend on to make sound business decisions.

Accounting

    Understand the Numbers. Influence the Outcome.

    Accounting is the language every organization depends on. At Penn State Smeal College of Business, you'll build the expertise to interpret financial data, apply professional standards, and deliver the accurate, ethical reporting that guides business decisions.

    Through coursework, leadership opportunities, and hands-on experiences, you’ll learn to:

    • Interpret the financial data behind business performance

    • Apply accounting standards, audit principles, and tax law to real business environments

    • Deliver accurate, ethical financial reporting that organizations depend on

    • Prepare for professional credentials such as the CPA, CMA, or CIA

    • Launch a career in public accounting, corporate finance, or government

    What You'll Study

    Your coursework covers financial reporting, auditing, taxation, and the data analytics skills that define modern accounting practice.

    Auditor and accountant team working in office, analyzing financial data and accounting record with calculator.

    Featured Courses

    • Financial Accounting: Understand and report financial performance.

    • Managerial Accounting: Use financial data for planning and decisions.

    • Taxation: Apply tax laws to financial strategies.

    • Auditing: Evaluate financial information and strengthen accountability.

    • Data Analytics: Use data tools to uncover insights and support decisions.

    What You Can Do with an Accounting Degree

    Accounting graduates launch careers across public accounting, corporate finance, government, and consulting. Smeal students have accepted roles with Deloitte, EY, KPMG, PwC, and federal agencies including the FBI, SEC, and IRS.

    Certified Public Accountants

    Audit financial records, advise organizations on tax strategy, and ensure compliance across public, corporate, and government sectors. The CPA is one of the most in-demand destinations in business. Median salary: $81,680

    Financial Controllers

    Oversee the financial health of organizations, managing reporting, budgeting, and strategy across every industry. Financial managers are the people who keep businesses on track. Median salary: $161,700

    Government & Regulatory Accountants

    Work with agencies like the SEC, IRS, and FBI to enforce financial law, investigate fraud, and protect public interest. Median salary: $62,553

    91%

    Placement Rate

    $71,050

    Average Starting Salary

    #21

    Accounting & Finance - U.S.
    QS World University Rankings

    Professional Experience and Credentials

    Build professional experience, pursue scholarships, and connect with leading firms that recruit Penn State Smeal accountants every year.

    Professional CertificationsGraduating student in regalia raises arms and smiles in a crowd of graduates

    Professional Certifications

    Prepare for industry-recognized credentials, including the CPA, CMA, and CIA, that can strengthen your expertise and expand career opportunities.

    Master of Accounting PathwaysGraduating student shakes hands with a woman during commencement

    Master of Accounting Pathways

    Continue your education through Smeal’s STEM-designated Integrated M.Acc., One-Year M.Acc., or Conditional Early Acceptance (CEA) pathway and build the academic foundation needed for CPA licensure and advanced accounting careers.

    Beta Alpha PsiBeta Alpha Psi logo

    Beta Alpha Psi

    Join an internationally recognized accounting honors organization focused on professional development, networking, leadership, and community service.

    Volunteer Income Tax Assistance (VITA)Volunteer Income Tax Assistance (VITA) team stands by a tax return clinic sign

    Volunteer Income Tax Assistance (VITA)

    Gain hands-on tax preparation experience by helping community members file returns through the IRS-sponsored Volunteer Income Tax Assistance program.

    Accounting SocietyPenn State Accounting Society logo

    Accounting Society

    Connect with industry professionals, accounting firms, and Smeal alumni through the premier student-run accounting organization at Smeal.

    Fred H. Schaefer Scholars ProgramStudent in professional attire is surrounded by others at career fair

    Fred H. Schaefer Scholars Program

    Compete for a scholarship program that emphasizes leadership, ethics, community service, and international experiences, including study abroad and internship opportunities.


    Deloitte Foundation Accounting Scholars ProgramStudent in professional attire smiles with career fair crowd in background

    Deloitte Foundation Accounting Scholars Program

    Pursue graduate study with support from the Deloitte Foundation Accounting Scholars Program, which can cover the full tuition cost of a Master of Accounting or Master of Taxation degree for selected students.


    Accounting Alumni NetworkCrowd sits at tables at a Smeal Alumni event

    Accounting Alumni Network

    Connect with our accomplished alumni and accounting leaders through a department network that helps students explore career opportunities and build professional relationships.

    Is Accounting Right for You?

    Accounting majors audit Fortune 500 companies, investigate fraud for the FBI, and advise CEOs on billion-dollar decisions.

    Man speaks to two students at Networking Expo Fall 2022

    Accounting Is a Strong Fit If You:

    • Enjoy working with financial information and solving business problems

    • Want to understand the financial side of how organizations operate

    • Value accuracy, accountability, and ethical decision-making

    • Want to earn professional credentials—the CPA, CMA, or CIA

    • Want a career where precision and professional judgement matter

    Apply to Smeal

    An Accounting degree from Penn State Smeal puts you at the center of critical business decisions—with credentials and career opportunities across the Big Four, federal agencies, and organizations in every industry. Apply today.

    Apply

    Connect With Us

    Have questions about the Accounting major? Reach out to admissions, advising, or the department directly.

    Penn State Undergraduate Admissions

    Smeal College of Business
    201 Shields BuildingUniversity Park, PA 16802

    Smeal Undergraduate Advising

    202 Business Building475 Shortlidge RoadUniversity Park, PA 16802

    Accounting Department

    354 Business BuildingUniversity Park, PA 16802

    More Information: Accounting Degree

    Accelerate your education through Penn State's Integrated Master of Accounting (M.Acc.) Program. Qualified students can begin graduate coursework while completing their undergraduate degree, allowing them to earn both degrees in as little as four and a half years.

    Expand your business expertise by pairing Accounting with another Smeal major through the Dual Track in Accounting program. Eligible students can combine Accounting with fields such as Finance, Management, Risk Management, Real Estate, Supply Chain and Information Systems, and Business Analytics to broaden their perspective and career opportunities.

    The Certified Public Accountant (CPA) credential remains one of the most respected designations in the accounting profession. Learn more about CPA requirements and the options available to Penn State students pursuing licensure.


    Get a closer look at the coursework that comprises the Accounting major at Penn State Smeal, including financial reporting, auditing, taxation, managerial accounting, and financial statement analysis.

    Explore the curriculum

    Understanding the cost of your education is an important part of the college decision process. Explore tuition information, financial aid resources, and planning tools to help you estimate the investment required for your Penn State degree.

    Get involved outside the classroom through accounting-focused student organizations at Smeal. These groups help you connect with peers, alumni, employers, and the broader accounting community.

    Explore student organizations:

    AI can process financial data at a scale no accountant can match alone, but organizations still rely on accountants to interpret results, exercise professional judgment, and communicate financial information with accuracy and integrity. At Smeal, you'll learn to apply AI tools to accounting work while building the professional judgement employers expect.