Accounting Schools in Maine

Maine Accounting Schools

Maine Board of Accountancy35 State House Station
Augusta, ME 02118-6100
Phone: 207-624-8627
Fax: 207-624-8637
Email: [email protected]

Maine has many accredited colleges scattered throughout the state that offer certifications or degrees in accounting. Beyond the normal general requirements a person majoring in accounting would need to take are courses in:

  • economics
  • statistics
  • calculus
  • human resources
  • finance
  • law

Graduates or certificate earners can expect to find a position within a public, private or government sector.

Thirty credit hours beyond a Bachelor’s degree are required for the certification to become a CPA.

Total Accounting Schools: 18
Total Accounting Students: 4,824
Average Tuition: $9,902
Average Scholarship Package: $3,261
Average Grant Amount: $6,728
Average Classroom Size: 16 Students
Online Accounting Programs: 12
Average Online Tuition: $9,382
Online Undergraduate Programs: 12
Online Graduate Programs: 6
Top Accounting Schools:University of Maine
University of Southern Maine
Husson University
Largest Accounting School:University of Maine
• 1,785 Students Currently Attending
Cheapest Accounting School:Kennebec Valley Community College
• $3,186 Annual Tuition Charges
School With Largest Financial Aid Packages:Saint Joseph's College of Maine
• $12,636 Average Financial Aid Award

Salary and Job Outlook for Accountants in Maine

While new job growth is projected to remain rather stagnant between 2018 and 2028 for Maine’s accounting profession, state-level data reveals about 490 annual job openings in accounting through a blend of new job growth, retirements, and natural job turnover.

As of May 2020, accountants in Maine earned an average salary of $64,300. The top earners here (90th percentile), who are largely those with advanced degrees in accounting, extensive experience, and the esteemed CPA designation, earned about $106,330 during this time. Accountants in the Bangor metro area earned some of the strongest salaries among Maine’s accountant as of May 2020, with those at the top of the pay scale (90thpercentile) earning about $138,730.

Many students choose an accounting degree to become an accountant, while others choose roles such as:

  • Economist– Economists study the supply and demand of a company’s goods and/or services. They analyze the trends of production and consumer wants and needs. They may look at historical trends to avoid prior pitfalls and to predict future economic trends. They will also assist in setting profit margins for the financial health of a company.
  • Insurance Underwriter– One fundamental requirement of an insurance underwriter is to make the decision whether or not a person applying for insurance should be approved. Depending on the information supplied on a person’s application is verifiable, a decision for approval is made or if a conditional approval is issued. A conditional approval is made if certain terms (conditions) are met by the applicants.
  • Loan Officers– Loan officers assist people applying for a loan to pay for a car, house, or other usually big-ticket item. They evaluate a person’s credit worthiness and available assets to determine the qualifications of and the likelihood the person will repay the loan per the terms of the loan agreement. Banks and commercial lending institutions are major employers of loan officers.

May 2020 Bureau of Labor Statistics salary and job market data for accountants and auditors represents state data, not school-specific information.

Job growth projections for 2018-2028 sourced from the U.S. Department of Labor-sponsored O*Net database represents state data, not school-specific information.

Conditions in your area may vary. Data Accessed May 2021.