Bank Accountant Education Requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a bank accountant. Bank accountants usually study accounting, business, or finance. 72% of bank accountants hold a bachelor's degree, and 13% hold an associate degree. We analyzed 325 real bank accountant resumes to see exactly what bank accountant education sections show.

The most common colleges for bank accountants are the University of Phoenix and the University of Phoenix.

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

There are certain bank accountant certifications that you should consider. These bank accountant certifications include Certified Public Accountant (CPA) and Certified Management Accountant (CMA).

What education do you need to become a bank accountant?

What degree do you need to be a bank accountant?

The most common degree for bank accountants is bachelor's degree, with 72% of bank accountants earning that degree. The second and third most common degree levels are associate degree degree at 13% and associate degree degree at 8%.
  • Bachelor's, 72%
  • Associate, 13%
  • Master's, 8%
  • High School Diploma, 4%
  • Other Degrees, 3%

What should I major in to become a bank accountant?

You should major in accounting to become a bank accountant. 39% of bank accountants major in accounting. Other common majors for a bank accountant include business and finance.

Most common colleges for bank accountants

Bank accountants often get their degrees at University of Phoenix, University of South Carolina - Columbia, and College of Southern Nevada. Here are the most common colleges for bank accountants in the US based on their resumes.
Bank Accountant Common College
ascdesc
Percentages
ascdesc
University of Phoenix15.38%
University of South Carolina - Columbia7.69%
College of Southern Nevada7.69%
Cairn University5.77%
The University of West Florida5.77%

Best majors for bank accountants

Rank
ascdesc
Major
ascdesc
Percentages
ascdesc
1Accounting38.9%
2Business31.0%
3Finance10.9%
4Economics3.5%
5Management2.2%

Best colleges for bank accountants

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

A bank 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 bank 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 bank accountants.

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition

$55,584

Enrollment

10,764

Website

www.upenn.edu

Address

1 College Hall, Room 100, Philadelphia, PA 19104-6303

Median Earnings 6 years after Graduation: $91,200 per year

Net Price: $25,033 per year

Admissions
Acceptance Rate - 8.41%
SAT Average - 1492
ACT Average - 34
Most Popular Majors
Finance
Business
Economics
Marketing
Communication

2. Northwestern University

Evanston, IL • Private

In-State Tuition

$54,568

Enrollment

8,451

Website

www.northwestern.edu

Address

633 Clark St, Evanston, IL 60208

Median Earnings 6 years after Graduation: $71,900 per year

Net Price: $24,840 per year

Admissions
Acceptance Rate - 8.47%
SAT Average - 1508
ACT Average - 34
Most Popular Majors
Business/Commerce
Business
Economics
Legal Research And Advanced Professional Studies
Liberal Arts

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition

$56,225

Enrollment

19,548

Website

www.usc.edu/

Address

University Park, Los Angeles, CA 90089-0012

Median Earnings 6 years after Graduation: $61,400 per year

Net Price: $30,453 per year

Admissions
Acceptance Rate - 12.96%
SAT Average - 1445
ACT Average - 32
Most Popular Majors
Business
Computer Science
Communication
Legal Research And Advanced Professional Studies
Accounting

4. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition

$9,808

Enrollment

13,990

Website

www.binghamton.edu

Address

P.O. Box 6000, Binghamton, NY 13902-6000

Median Earnings 6 years after Graduation: $47,700 per year

Net Price: $18,958 per year

Admissions
Acceptance Rate - 39.81%
SAT Average - 1376
ACT Average - 30
Most Popular Majors
Economics
Accounting
Computer Science
Business
English

5. Villanova University

Villanova, PA • Private

In-State Tuition

$53,308

Enrollment

6,819

Website

www.villanova.edu

Address

800 Lancaster Avenue, Villanova, PA 19085-1699

Median Earnings 6 years after Graduation: $64,700 per year

Net Price: $40,134 per year

Admissions
Acceptance Rate - 29.22%
SAT Average - 1407
ACT Average - 32
Most Popular Majors
Business
Finance
Communication
Accounting
Marketing

20 best online courses for bank accountants

Advertising Disclosure

1. Financial Accounting-Adjusting Entries & Financial Statement

udemy
4.6
(930)

Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...

2. Financial Accounting & Excel-Comprehensive Accounting Course

udemy
4.3
(736)

Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...

3. Financial Accounting-Debits & Credits-Accounting Transaction

udemy
4.5
(781)

Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...

4. Principles of Financial Accounting

udemy
4.5
(875)

Learn the complete accounting cycle -recording business transactions to presenting the Balance Sheet & Income Statement...

5. Financial Accounting - Subsidiary Ledgers & Special Journals

udemy
4.5
(580)

Mastering Special Journals and Subsidiary Ledgers: A Comprehensive Guide to Streamlined Accounting Practices...

6. Excel Accounting Problem

udemy
4.3
(348)

Learn How to Create an Accounting Worksheet Using Microsoft Excel from a Certified Public Accountant (CPA)...

7. Financial Accounting: The Complete Introductory Crash Course

udemy
4.5
(1,604)

Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

8. Accounting basics, create financial statements easily

udemy
4.5
(280)

Discover, develop, practice your financial information and explore the world of accounting...

9. Accounting, Finance and Banking - A Comprehensive Study

udemy
4.6
(551)

Learn Fundamentals to Advanced Concepts of three different but interrelated domains in a single course...

10. Accounting for Corporations - Financial Accounting

udemy
4.8
(281)

Demystifying Corporate Accounting: An In-depth Exploration of Financial Transactions in Corporations...

Top 10 most affordable universities for bank accountants

The most affordable schools for bank accountants are Baruch College of the City University of New York, usf sarasota-manatee, and suny farmingdale.

If the best universities for bank 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 bank accountants.

1. Baruch College of the City University of New York

New York, NY • Private

In-State Tuition

$7,262

Cost of Attendance

14,046

Website

www.baruch.cuny.edu

Address

One Bernard Baruch Way, New York, NY 10010

Median Earnings 6 years after Graduation: $47,500 per year

Net Price: $2,981 per year

Admissions
Acceptance Rate - 39.29%
SAT Average - 1305
Most Popular Majors
Finance
Accounting
Business
Business/Commerce
Economics
U

2. USF Sarasota-Manatee

Sarasota, FL • Private

In-State Tuition

$5,587

Cost of Attendance

13,043

Website

usfsm.edu/

Address

8350 N. Tamiani Trail, Sarasota, FL 34243

Median Earnings 6 years after Graduation: $39,400 per year

Net Price: $4,595 per year

Admissions
Acceptance Rate - 32.43%
SAT Average - 1225
ACT Average - 26
Most Popular Majors
Liberal Arts
Business
Accounting
Finance
Business/Commerce

3. SUNY Farmingdale

Farmingdale, NY • Private

In-State Tuition

$8,306

Cost of Attendance

16,091

Website

www.farmingdale.edu/

Address

2350 Broadhollow Road, Farmingdale, NY 11735-1021

Median Earnings 6 years after Graduation: $44,800 per year

Net Price: $9,268 per year

Admissions
Acceptance Rate - 46.07%
SAT Average - 1091
ACT Average - 22
Most Popular Majors
Business
Liberal Arts
Criminal Justice
Computer Programming
Economics

4. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-State Tuition

$7,240

Cost of Attendance

13,991

Website

www.brooklyn.cuny.edu

Address

2900 Bedford Ave, Brooklyn, NY 11210-2889

Median Earnings 6 years after Graduation: $36,900 per year

Net Price: $3,000 per year

Admissions
Acceptance Rate - 44.26%
SAT Average - 1150
Most Popular Majors
Business
Accounting
Finance
English
Communication

5. California State University - Dominguez Hills

Carson, CA • Private

In-State Tuition

$6,942

Cost of Attendance

14,469

Website

https://www.csudh.edu

Address

1000 E Victoria St, Carson, CA 90747

Median Earnings 6 years after Graduation: $38,300 per year

Net Price: $3,891 per year

Admissions
Acceptance Rate - 63.94%
Most Popular Majors
Business
Liberal Arts
Criminal Justice
Communication
Computer Science

Top 10 hardest universities to get into for bank accountants

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

Some great schools for bank 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 bank 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

Website

www.northwestern.edu

Address

633 Clark St, Evanston, IL 60208

Median Earnings 6 years after Graduation: $71,900 per year

Net Price: $24,840 per year

Admissions
Acceptance Rate - 8.47%
SAT Average - 1508
ACT Average - 34
Most Popular Majors
Business/Commerce
Business
Economics
Legal Research And Advanced Professional Studies
Liberal Arts

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions Rate

8%

SAT Average

1,492

Website

www.upenn.edu

Address

1 College Hall, Room 100, Philadelphia, PA 19104-6303

Median Earnings 6 years after Graduation: $91,200 per year

Net Price: $25,033 per year

Admissions
Acceptance Rate - 8.41%
SAT Average - 1492
ACT Average - 34
Most Popular Majors
Finance
Business
Economics
Marketing
Communication

3. University of Southern California

Los Angeles, CA • Private

Admissions Rate

13%

SAT Average

1,445

Website

www.usc.edu/

Address

University Park, Los Angeles, CA 90089-0012

Median Earnings 6 years after Graduation: $61,400 per year

Net Price: $30,453 per year

Admissions
Acceptance Rate - 12.96%
SAT Average - 1445
ACT Average - 32
Most Popular Majors
Business
Computer Science
Communication
Legal Research And Advanced Professional Studies
Accounting

4. Boston University

Boston, MA • Private

Admissions Rate

22%

SAT Average

1,420

Website

www.bu.edu

Address

One Silber Way, 8th Floor, Boston, MA 02215

Median Earnings 6 years after Graduation: $52,800 per year

Net Price: $30,729 per year

Admissions
Acceptance Rate - 22.09%
SAT Average - 1420
ACT Average - 32
Most Popular Majors
Business
Communication
Economics
Computer Science
Legal Research And Advanced Professional Studies

5. New York University

New York, NY • Private

Admissions Rate

20%

SAT Average

1,419

Website

www.nyu.edu

Address

70 Washington Square South, New York, NY 10012-1091

Median Earnings 6 years after Graduation: $55,900 per year

Net Price: $42,397 per year

Admissions
Acceptance Rate - 19.99%
SAT Average - 1419
ACT Average - 32
Most Popular Majors
Liberal Arts
Business
Economics
Legal Research And Advanced Professional Studies
Business/Commerce

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

The easiest schools for bank accountants to get into are Oklahoma Wesleyan University, holy names university, and barry university.

Some schools are much easier to get into. If you want to start your career as a bank 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 bank accountants.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions Rate

68%

SAT Average

964

Website

www.okwu.edu

Address

2201 Silver Lake Rd, Bartlesville, OK 74006-6299

Median Earnings 6 years after Graduation: $50,500 per year

Net Price: $26,279 per year

Admissions
Acceptance Rate - 67.73%
SAT Average - 964
ACT Average - 19
Most Popular Majors
Business/Commerce
Liberal Arts
Marketing
Accounting
Business

2. Holy Names University

Oakland, CA • Private

Admissions Rate

70%

SAT Average

849

Website

www.hnu.edu

Address

3500 Mountain Blvd, Oakland, CA 94619-1699

Median Earnings 6 years after Graduation: $49,000 per year

Net Price: $23,175 per year

Admissions
Acceptance Rate - 70.04%
SAT Average - 849
ACT Average - 20
Most Popular Majors
Business
Liberal Arts
Communication
Marketing
Finance

3. Barry University

Miami, FL • Private

Admissions Rate

91%

SAT Average

1,006

Website

www.barry.edu

Address

11300 NE 2nd Ave, Miami Shores, FL 33161-6695

Median Earnings 6 years after Graduation: $43,700 per year

Net Price: $17,937 per year

Admissions
Acceptance Rate - 91.25%
SAT Average - 1006
ACT Average - 20
Most Popular Majors
Business
Liberal Arts
Accounting
Finance
Communication

4. Notre Dame College

Cleveland, OH • Private

Admissions Rate

90%

SAT Average

994

Website

www.notredamecollege.edu

Address

4545 College Rd, Cleveland, OH 44121-4293

Median Earnings 6 years after Graduation: $37,000 per year

Net Price: $21,651 per year

Admissions
Acceptance Rate - 89.65%
SAT Average - 994
ACT Average - 19
Most Popular Majors
Business
Criminal Justice
Communication
Accounting
Finance

5. University of North Texas at Dallas

Dallas, TX • Private

Admissions Rate

83%

SAT Average

992

Website

untdallas.edu

Address

7300 University Hills Blvd, Dallas, TX 75241

Median Earnings 6 years after Graduation: $39,300 per year

Net Price: $7,400 per year

Admissions
Acceptance Rate - 83.11%
SAT Average - 992
ACT Average - 18
Most Popular Majors
Criminal Justice
Business
Business/Commerce
Accounting
Finance

Average bank accountant salary by education level

According to our data, bank accountants with a Doctorate degree earn the highest average salary, at $58,881 annually. Bank accountants with a Master's degree earn an average annual salary of $57,571.
Bank Accountant education level
ascdesc
Bank Accountant salary
ascdesc
Master's Degree$57,571
Bachelor's Degree$53,314
Doctorate Degree$58,881

Bank Accountant Education FAQs

Search for bank accountant jobs

Loading...
Loading...

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.

Browse business and financial jobs