Pursuing an accounting degree in New Jersey opens doors to a thriving financial sector in one of America’s most economically diverse states. With over 50 accredited accounting programs across the Garden State, aspiring accountants can choose from traditional on-campus experiences at prestigious institutions like Rutgers University or flexible online options that accommodate working professionals. New Jersey’s strategic location between New York City and Philadelphia creates unique opportunities for accounting graduates, with the state hosting numerous Fortune 500 companies and major financial institutions actively recruiting local talent.
The path to becoming a Certified Public Accountant (CPA) in New Jersey requires careful planning, as the state mandates 150 credit hours of education—30 credits beyond a typical bachelor’s degree. This comprehensive guide covers everything from selecting the right accounting degree program to understanding New Jersey’s specific CPA licensure requirements, current salary expectations, and career advancement opportunities in the state’s robust accounting sector.
Top Accounting Schools in New Jersey
New Jersey offers a diverse range of accounting programs through public universities, private colleges, and specialized business schools. The following institutions represent the state’s top-tier options for accounting education, each offering unique advantages for different career paths.
Public Universities
Rutgers University (Multiple Campuses)
As New Jersey’s flagship public university, Rutgers offers AACSB-accredited accounting programs across its New Brunswick, Newark, and Camden campuses. The Rutgers Business School provides both undergraduate and graduate accounting degrees, with strong connections to Big Four firms and regional accounting practices. Annual tuition for in-state students ranges from $15,000-$16,000.
The College of New Jersey (TCNJ)
Located in Ewing, TCNJ’s School of Business offers a highly selective accounting program known for its personalized attention and impressive CPA exam pass rates. The program emphasizes experiential learning through internships with New Jersey businesses and government agencies.
Montclair State University
The Feliciano School of Business at Montclair State provides comprehensive accounting education with specialization options in forensic accounting and taxation. The university’s proximity to New York City enhances internship and networking opportunities.
Private Institutions
Seton Hall University
The Stillman School of Business at Seton Hall offers a prestigious accounting program with small class sizes and strong alumni connections throughout the tri-state area. The school’s location in South Orange provides easy access to both Newark and New York City financial districts.
Rider University
Rider’s College of Business Administration features an accounting program with a 4+1 option, allowing students to earn both bachelor’s and master’s degrees in five years. The program includes extensive preparation for the CPA exam and professional certifications.
Fairleigh Dickinson University
With campuses in Madison and Teaneck, FDU offers flexible accounting programs including evening and weekend options for working professionals. The Silberman College of Business maintains strong partnerships with local accounting firms.
New Jersey CPA Requirements
Becoming a Certified Public Accountant in New Jersey requires meeting specific educational, examination, and experience requirements set by the New Jersey State Board of Accountancy. Understanding these requirements early in your academic journey ensures you’re on the right path to licensure.
Education Requirements
New Jersey mandates 150 semester hours of college education, including:
- Bachelor’s degree from an accredited institution
- 24 semester hours in accounting courses (beyond introductory level)
- 24 semester hours in business courses
- Specific coursework in auditing, taxation, and financial accounting
Many students fulfill the 150-hour requirement by pursuing a Master of Accountancy (MAcc) or MBA with an accounting concentration. Some complete additional undergraduate coursework or earn a double major.
CPA Exam Process
Experience Requirements
New Jersey requires one year (52 weeks) of qualifying experience in public accounting, industry, government, or academia. This experience must be verified by a licensed CPA and include exposure to:
- Accounting and auditing procedures
- Tax preparation and consultation
- Management advisory services
- Financial statement preparation
Online Accounting Programs in New Jersey
The flexibility of online accounting degree programs has made them increasingly popular among New Jersey students, particularly working professionals and those with family obligations. Several New Jersey institutions offer fully online or hybrid accounting programs that maintain the same accreditation and academic rigor as their on-campus counterparts.
Thomas Edison State University specializes in online education for adult learners, offering a Bachelor of Science in Business Administration with an accounting concentration entirely online. The program accepts transfer credits generously and provides credit for professional experience.
Rutgers University Online extends its prestigious accounting education through online platforms, offering both undergraduate and graduate degrees. The online programs feature the same faculty and curriculum as on-campus offerings, with added flexibility for scheduling.
Southern New Hampshire University (with a strong presence in NJ) provides competitively priced online accounting degrees with multiple start dates throughout the year. Their programs include free textbooks and dedicated academic advisors.</
Accounting Specializations and Career Paths
New Jersey’s diverse economy creates opportunities for accountants to specialize in various fields. Understanding these specializations early helps students tailor their education and internship experiences toward specific career goals.
Public Accounting
The Big Four firms (Deloitte, PwC, EY, and KPMG) maintain significant operations in New Jersey, particularly in Florham Park, Newark, and Jersey City. These firms recruit heavily from local universities for audit, tax, and advisory positions. Starting salaries typically range from $60,000-$70,000 with rapid advancement opportunities.
Corporate Accounting
New Jersey is home to numerous Fortune 500 companies, including Johnson & Johnson, Prudential Financial, and Merck. Corporate accountants in these organizations focus on financial reporting, budgeting, and strategic planning. The pharmaceutical and financial services industries offer particularly strong opportunities.
Government Accounting
State and local government positions provide stable career paths with excellent benefits. The New Jersey Department of Treasury, various state agencies, and municipal governments regularly hire accounting graduates. Federal opportunities exist at the IRS service center in Andover and various federal facilities throughout the state.</
Forensic Accounting
With its proximity to major financial centers, New Jersey sees significant demand for forensic accountants who investigate financial crimes and provide litigation support. This specialization requires additional training but offers exciting career prospects with law enforcement agencies and consulting firms.
Financial Aid and Scholarships
Making your accounting education affordable requires understanding the various financial aid options available to New Jersey students. Beyond federal aid, the state offers several programs specifically for residents pursuing higher education.
New Jersey State Programs
Tuition Aid Grant (TAG): New Jersey’s largest grant program provides up to $13,550 annually for eligible students attending in-state institutions. Awards are based on financial need and require FAFSA completion by April 15.
Educational Opportunity Fund (EOF): This program provides financial assistance and support services to students from educationally and economically disadvantaged backgrounds. EOF grants range from $200-$2,500 per year with additional campus-based support.
NJCLASS Loans: The state’s supplemental loan program offers competitive fixed interest rates for students and families needing additional funding beyond federal loans.
Accounting-Specific Scholarships
Accounting Salaries in New Jersey
New Jersey consistently ranks among the top-paying states for accounting professionals, with salaries varying significantly by location, experience, and specialization. The state’s proximity to major metropolitan areas and concentration of corporate headquarters drives competitive compensation packages.
Entry-Level Positions
Recent accounting graduates in New Jersey can expect starting salaries that reflect the state’s higher cost of living and competitive job market. Entry-level positions typically include:
Experienced Professional Salaries
According to the Bureau of Labor Statistics data for May 2024, experienced accountants and auditors in New Jersey earn significantly above the national average:
Geographic Variations
Salaries vary considerably across New Jersey’s metropolitan areas:
May 2024 Bureau of Labor Statistics salary data for Accountants and Auditors reflect state and national data, not school-specific information. Conditions in your area may vary. Data accessed June 2025.
Continuing Education and Professional Development
Maintaining a successful accounting career in New Jersey requires ongoing professional development. The state mandates continuing professional education (CPE) for CPA license renewal, but ambitious professionals often exceed these requirements to stay competitive.
CPE Requirements for New Jersey CPAs
Licensed CPAs must complete 120 hours of CPE every three years, including:
- 4 hours of New Jersey-specific ethics
- Minimum 20 hours per year (no maximum carryover)
- At least 50% in technical subjects
- Maximum 60 hours in non-technical subjects
Professional Certifications
Beyond the CPA license, New Jersey accountants often pursue additional certifications to enhance their expertise:
Industry Outlook and Future Trends
The accounting profession in New Jersey continues to evolve with technological advances and changing business needs. Understanding these trends helps students and professionals prepare for the future of accounting in the Garden State.
Technology Integration
New Jersey accounting firms increasingly seek professionals skilled in:
- Data analytics and visualization tools (Tableau, Power BI)
- Cloud-based accounting software (QuickBooks Online, NetSuite)
- Artificial intelligence and machine learning applications
- Blockchain technology for auditing and compliance
Growth Sectors
Several industries in New Jersey show particularly strong demand for accounting professionals:
Cannabis Industry: New Jersey’s legal cannabis market creates new opportunities for accountants specializing in this highly regulated industry, with unique tax and compliance challenges.
Renewable Energy: The state’s commitment to clean energy drives demand for accountants familiar with environmental credits, sustainable business practices, and green financing.
Technology Startups: New Jersey’s growing tech sector, particularly in Princeton and Jersey City, needs accountants who understand equity compensation, R&D tax credits, and venture capital financing.
Frequently Asked Questions
What is the average time to complete an accounting degree in New Jersey?
A traditional bachelor’s degree in accounting takes four years of full-time study. However, many New Jersey students complete their degrees in 4.5-5 years while working part-time or completing internships. The 150-hour CPA requirement often adds an additional year through a master’s program or extra undergraduate coursework.
Can I become a CPA in New Jersey with an online accounting degree?
Yes, as long as the online program is properly accredited and meets New Jersey’s specific coursework requirements. The State Board of Accountancy evaluates education based on content and accreditation, not delivery method. Ensure your online program includes the required 24 hours of accounting and business courses.
What’s the job outlook for accountants in New Jersey?
The Bureau of Labor Statistics projects steady growth for accounting positions in New Jersey through 2032. The state’s diverse economy, from pharmaceuticals to financial services, ensures consistent demand. Additionally, retiring baby boomers create ongoing opportunities for new professionals entering the field.
How much does the CPA exam cost in New Jersey?
Total CPA exam costs typically range from $3,000-$4,000, including application fees ($150), examination fees ($238.15 per section), and study materials ($2,000-$3,000). Many employers reimburse these costs for successful candidates.
Are there accelerated accounting programs available in New Jersey?
Yes, several New Jersey schools offer accelerated options. Rutgers and Rider University provide 4+1 programs combining bachelor’s and master’s degrees in five years. Some schools also offer summer sessions and winter terms to help students complete requirements faster.
What’s the difference between accounting and finance degrees?
While related, accounting focuses on recording, analyzing, and reporting financial transactions, emphasizing accuracy and compliance. Finance concentrates on investment management, financial planning, and capital markets. Many New Jersey schools offer dual programs for students interested in both fields.
