The publication based its list on a meta-analysis of rankings done by three established organizations, each of which applies different criteria.
The rankings used were by the Public Accounting Report (which are based upon a survey of accounting professors), Bloomberg BusinessWeek (which ranks programs based upon a survey of graduating seniors) and U.S. News and World Report (which looks at a wide variety of factors).
“The basic idea is that since each publication uses a different methodology that values/weight different elements of a school in its ranking, combining the rankings provides a more comprehensive, holistic assessment of each school’s reputation and quality,” said Shane Adler, editor of The Accounting Degree Review.
In addition to rankings, the online publication provides information about accounting scholarships, internships and careers.
Jim Young, chair of the NIU Department of Accountancy, said he was honored to see the program included on the list.
“We are honored, but not surprised. This places us in some very strong company, but that is where we belong,” said Young, noting that NIU was one of only a handful on the list that is not a doctoral granting program.
NIU Accountancy typically receives high marks from peers, accrediting agencies and recruiters for its innovative programs, the quality of faculty and the number of graduates placed in quality positions in public and corporate accounting jobs, Young added.
“That last point is the most important indicator of them all to us,” said Denise Schoenbachler, dean of the NIU College of Business. “Rankings like these provide external validation for what we do, but the most important measure to us is the career success enjoyed by our graduates.”