What are the best accounting colleges in the Philippines?
Similar to Education, Tourism, and HRM, BS Accountancy is another popular college course in the Philippines.
The road to being an accountant is not a joke. Apart from spending years studying the notoriously difficult Bachelor of Science in Accountancy (BSA) degree program, you must also secure a license first by passing the grueling Certified Public Accountant (CPA) Board Exams before you can work in the field. That’s why going to one of the top accounting schools in the Philippines is an absolute must for all aspiring BSA students.
Did you know that there are more than 175,000 CPAs or Certified Public Accountants registered in the country, according to the Board of Accountancy?
That may initially seem like a small number, but that only counts accountants who religiously renew their CPA license from the Professional Regulation Commission (PRC) every year. That figure doesn’t include yet the thousands of CPA exam passers through the years who have decided not to renew their PRC licenses anymore.
It has been estimated that every year, more than 100,000 students across the country enter this program in 520 different colleges hoping to become an accountant one day. But the thing is, out of that big number, a dismal average of just 11% get to finish the program. And just how many of that 11% pass the licensing exam to become a CPA? Typically, only about a third.
What about the CPA Board Exam? Well, the average number of passers is 8,200 each year. That means just one out of 3 Accountancy graduates get to pass the CPA Licensure Exam (CPALE)!
Indeed, it’s tough to pass the CPALE which proves that the job of an accountant is not an easy one either.
Now, there are many ways to combat this depressing trend, one of them is to study in the best accountancy schools in the Philippines. CourseFinder has garnered a list of the best universities in the Philippines for accounting students this 2024 based on their overall performance at the most recent CPA bar exams held last May.
The universities included in our list of top accountancy schools in the Philippines this 2024 all boast top-grade degree programs that teach students valuable skills regarding accountancy and prepare them for the grueling challenges should they take up a career of being an accountant.
Do you want to know which universities in the Philippines are able to top the CPA Licensure Exam (CPALE) in the past years?
We compiled the data from previous CPA Licensure Exams to determine the top schools with the highest CPA Board Exam passing rates. Check out the list below to see if your university is one of the best accountancy schools in the Philippines!
*For universities with 80 participants and above (Both first-timers and repeaters)
1. De La Salle University - Manila
Passing Rate: 77.11%
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2. Bicol University – Daraga
Passing rate: 73.75%
3. Polytechnic University of the Philippines – Santa Mesa
Passing Rate: 68.46%
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4. University of Santo Tomas – Manila
Passing Rate: 65.26%
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*For universities with 48 participants and above (Both first-timers and repeaters.)
1. University of the Philippines, Diliman, Quezon City
Passing Rate: 89.58%
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2. University of San Carlos
Passing Rate: 76.19%
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3. University of San Jose – Recoletos
Passing Rate: 62.32%
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4. Cagayan State University – Andrews Campus
Passing Rate: 60.41%
These are the top accounting schools in the Philippines for 2024.
Check out other universities offering accounting courses in the Philippines.
