Accounting Schools in South Carolina
The following guide to accounting schools in South Carolina will provide you with the information you need to compare schools and make the right choice in selecting an accounting program that is a match for your personal skills, goals, and interests. In addition to national schools, South Carolina also has private, public, and state schools offering degrees in accounting. Alternatively, you may find that online degree programs in accounting are a suitable and flexible alternative to traditional on-campus programs.
- There are 32 not-for-profit colleges and universities with accounting degree programs in South Carolina.1
- 5 not-for-profit schools offer a master’s or advanced degree in accounting.1
- Highest graduation rate*: Furman University 83%1
- Highest transfer-out rate*: Francis Marion University, 34%1
- Highest net price per year*: Furman University, $31,0621
- Lowest net price per year*: Francis Marion University, $11,1941
- Annual undergraduate tuition range for accounting programs in South Carolina: $4,874-$36,6562
- 2 schools in the Businessweek’s Top Business Undergraduate Programs in 2013: University of South Carolina (87), Clemson University (94)
- 3 schools in the Kiplinger’s Best Values in Public Colleges in 2013: Clemson University (34), University of South Carolina (35), College of Charleston (68)
- 1 school ranked in US News National Universities Rankings in 2013 (top 100): Clemson University (68)
*For 4-year not-for-profit colleges and universities with accounting degree programs.
Keep reading below to learn more about accounting schools in South Carolina including information about graduate degree programs, profiles of well-known schools, and more.
Schools With the Highest 2013 First-Time CPA Exam Pass Rate with an Advanced Degree
- University of South Carolina 80.0%
There was just one school in South Carolina that had first-time CPA exam candidates (with an advanced degree). The 80.0% pass rate was higher than the national pass rate of 54.6% for all candidates in 2013 (with a bachelor’s or advanced degree). CPA pass rate serves as a good metric to evaluate the level of preparation at an accounting program however the numbers can be misleading for schools with a small number of candidates. To see the full statistics for CPA exam pass rates check out the 2014 NASBA Uniform CPA Examination Candidate Performance report provided by the National Association of State Boards of Accountancy.
Top Master’s in Accounting Programs in South Carolina
Clemson University (Clemson, SC)
Clemson University’s School of Accountancy and Finance has a Master of Professional Accountancy program which exceeds the South Carolina state education requirements for CPAs. The program may be taken on a part-time or full-time basis; with full-time study, the program can be completed in one calendar year. The core curriculum includes courses in Tax Research, Advanced Accounting Problems, and Law for Professional Accountants. Specialization courses include Forensics & Analysis, International & Special Topics in Taxation, Taxation of Flowthrough Entities, and Financial Auditing. Competitively awarded assistantships and fellowships are available to academically qualified graduate students. The Association to Advance Collegiate Schools of Business accredited program is challenging and prepares students well for careers as CPAs and leaders in practice. Clemson University is ranked #62 in National Universities by US News, which notes its affordable tuition, active student life thanks to over 325 student clubs and organizations, and pristine setting on Hartwell Lake.
College of Charleston (Charleston, SC)
College of Charleston offers a Master of Science in Accountancy (MSAcc) for aspiring career accountants that prepares students not only for the CPA requirements in South Carolina but to act in leadership roles in business. The MSAcc degree can be pursued on a specialization track in Financial Reporting/Assurance or Taxation. Students may elect to add a third specialization in International Accounting, which includes European study abroad courses, to either of the two core tracks. The 30 credit hour program includes two required courses in Accounting Theory and Contemporary Accountancy Issues, allowing the remainder of courses to be chosen as electives to compliment students’ career goals and interests. This full-time program holds accreditation by the Association to Advance Collegiate Schools of Business. College of Charleston has been ranked #12 in Regional Universities (South) by US News, a prestigious standing that reflects the school’s academic rigorousness and commitment to student success.
University of South Carolina (Columbia, SC)
University of South Carolina’s Darla Moore School of Business offers a Master of Accountancy degree that includes a strong track record of graduate job placement and focused preparation for the Uniform CPA exam. Admission to the program is open to students who hold an undergraduate degree in any field, though non-business majors may find it necessary to take prerequisite courses. Two specialization tracks are offered in Business Measurement and Assurance or Taxation. Students undertake advanced study in accounting with courses such as Legal Issues for Accountants; Accounting Research and Communication; Cost/Managerial Accounting II; and Taxation of Corporations and Partnerships. Additionally, students are required to achieve a passing score on a simulated professional accounting examination to prepare for the Uniform CPA exam. Students on all tracks enjoy small average class sizes and one-on-one interaction with faculty, as well as a strong record of job placement for program graduates. US News ranks University of South Carolina #112 in National Universities, noting its focus on student transitions, competitive NCAA Division I athletics, and entertainment options on and off campus.
Top Accounting Firms for Graduates in South Carolina
Elliot Davis, LLC has been named one of the top 15 accounting firms in the Southeast by Practical Accountant, and the firm recognizes how it can make an impact on recent graduate’s careers by providing the right support and growing talent. Bauknight Pietras & Stormer, P.A. is one of the fastest growing accounting firms in the nation. The company encourages its employees to grow and develop with it, supporting continued education and professional development. Dixon Hughes Goodman has been named one of the Best Accounting Firms to Work for by Accounting Today and Best Companies Group and seeks recent graduates for its five offices in South Carolina in addition to its other offices across the US.
How to Become a CPA in South Carolina
The South Carolina Board of Accountancy oversees the process for becoming a Certified Public Accountant in the state. There are five main steps to complete in order to earn a CPA license in South Carolina.
- Complete a 150 semester hour or 225 quarter hour educational program of acceptable coursework in accounting.
- Accumulate the required hours of experience.
- Complete the AICPA ethics course and exam.
- Pass the Uniform CPA Examination.
- Apply for a license.
1. Complete a 150 semester hour or 225 quarter hour educational program of acceptable coursework in accounting.
The South Carolina Board of Accountancy requires CPA candidates to have completed a 150 semester hour program of education that includes the award of at least a bachelor’s degree. The education program completed must include a major in accounting, to consist of at least 24 semester hours in accounting courses at the junior level or above. In total, candidates must have 36 semester hours in accounting courses covering financial accounting, managerial accounting, taxation, and auditing at a minimum, as well as 36 non-duplicative semester hours in business courses.
2. Accumulate the required hours of experience.
Prospective South Carolina CPAs must earn at least one year of experience to qualify for a license. The experience may be earned through either full-time or part-time work. 2,000 work hours is counted as one year of experience. A maximum of 40 hours may be counted per calendar week. Candidates must be supervised by a current and actively licensed CPA, and experience may only be accrued after the candidate has completed the 24 semester hour core accounting education requirement. Experience in teaching accounting beyond the principles level at an accredited college or university can qualify, but experience in academia must amount to five years.
3. Complete the AICPA ethics course and exam.
South Carolina CPA applicants must complete the AICPA professional ethics course and exam. All materials in the course are self-study and can be ordered through the AICPA website.
4. Pass the Uniform CPA Examination.
CPAs in all 50 states must first pass the Uniform CPA Exam in order to become licensed. Candidates in South Carolina may apply to the exam through the NASBA website. All four sections of the exam must be passed within an 18-month rolling period to receive credit for passing the exam.
5. Apply for a license.
The final step to obtaining CPA licensure in South Carolina is to apply for a license. Candidates should complete and submit the Verification of Experience Package along with the Licensing Application After Exam to the South Carolina Board of Accountancy.
Once licensed, South Carolina CPAs must complete at least 40 hours of continuing education per year. During each three-year period, CPAs must complete 6 hours of continuing education in ethics, two of which are specific to South Carolina Rules and Regulations. You can find additional information at the South Carolina Board of Accountancy website.
(Source: South Carolina Board of Accountancy)
South Carolina Accountant Salary and Job Outlook
The US Bureau of Labor Statistics estimates that there are over 13,000 accountants and auditors currently working in the state of South Carolina. The average salary for an accountant here ranges between $57,830 and $61,030, though this may be higher in metro areas; for instance, in the Charlotte metro area spanning the border between North and South Carolina, the average accountant makes $71,470. The demand for business professionals is also growing in non-metro areas, such as Greenville and Columbia.
University of South Carolina – Beaufort
801 Carteret St
Beaufort, SC 29902
Student Review: “The accounting degree program at the University of South Carolina – Beaufort was extremely beneficial. The professors were engaging, knowledgeable, and sincerely cared about our success in life. They would hold study sessions outside of class and office hours and always made themselves available for additional questions. The professors were also able to help many students find beneficial internship opportunities beyond what the university could locate for us. While offering only the minimum number of courses to attain an accounting degree, the accounting program provided me with the knowledge as well as the skill set to truly succeed in the working world. In light of this, my only suggestion would be for the university to provide a greater selection of accounting classes. This would bring the accounting program from excellence to perfection.” -Jordan G., student at University of South Carolina
1. National Center for Education Statistics College Navigator: https://nces.ed.gov/collegenavigator/
2. Niche College Search: https://www.niche.com/colleges/?degree=4-year&state=SC&major=finance-accounting&sort=best