The Online Master’s in Accounting program is a versatile program that often meets educational requirements for financial and accounting management positions and certified public accountant licensure while exposing students to advanced accounting topics and foundational business management courses. Courses within a Master’s in Accounting cover interdisciplinary topics such as business strategy, financial analysis, forecasting, and taxation. This ranking of the best Online Master’s in Accounting Programs highlights the best programs from around the country to help students launch into a top accounting career.
Online Master’s in Accounting Programs
Prospective students have many master’s programs to choose from when their sites are set on an accounting career. Those that are looking into an advanced career in accounting, wanting to further their education, and continue to work turn to an Online Master’s in Accounting. Some programs feature cohort-based learning formats, and many involve interactive, collaborative learning experiences. Instructors may utilize case studies to help the curriculum relate to current business issues and give students opportunities to analyze realistic organizational problems. Some programs feature an internship component, which may involve the students’ current places of employment. Many online Master’s in Accounting programs allow distance learners to further specialize their degree by earning specializations based on specific disciplines, roles, fields, and industry contexts. For example, emphases may include finance, healthcare management, international business, or operations management. Here is a ranking of the best Online Master’s in Accounting programs in the nation.
To identify the best Online Master’s in Accounting programs, top U.S. business schools were examined to find the online and hybrid master’s degrees focused on accounting and taxation. This list is a consensus ranking, which combines data from five of the leading business school ranking systems: Bloomberg Businessweek, U.S. News and World Report, Forbes, The Financial Times, and The Economist. The data for each Online Master’s in Accounting program was scored, averaged, and converted to a 100-point scale to reveal each degree’s Consensus Score. To break ties, the base tuition of the accounting degree was used.
University of North Carolina at Chapel HillKenan-Flagler Business School
The University of North Carolina at Chapel Hill delivers an online Master of Accounting at the Kenan-Flagler Business School. Professionals just starting their careers, switching their careers, or advancing their careers will discover that deep accounting knowledge and skills will make them an asset to any organization. Graduate students driven to succeed in the business world, currently working, raising a family, traveling, or serving in the military, will appreciate all this online Master of Accounting has to offer. This online UNC MAC program provides the same high-caliber curriculum, top-notch instructors, peer-to-peer interaction, and excellent recruitment opportunities as the business school’s on-campus format. The online program delivers an immersive experience and a unique combination of real-world experiential learning and academic rigor. Students from all educational and professional backgrounds are encouraged to apply to this program. The entire program consists of between 36 and 48 credits, depending on a candidate’s previous coursework. GMAT/GRE waivers and exemptions are available to qualified applicants. This best of the best program in accounting is a must.
Indiana UniversityKelley School of Business
Indiana University features an online Master of Science in Accounting at the Kelley School of Business. This online degree is a perfect fit for savvy, hardworking professionals who possess integrity and passion and are prepared to enhance their accounting knowledge and broaden their career opportunities substantially. The online MSA prepares graduate students to become accountants with deep financial expertise, problem-solving ability, and practical communication skills. These sought-after qualities will set graduates apart to top employers. The online MS in Accounting is taught by Kelley faculty in partnership with edX, utilizing edX’s platform. This distance degree qualifies for a special tuition and fee rate. Applications for the Kelley edX program are submitted on a rolling basis throughout the year. Students admitted into the master’s program typically begin courses through Indiana University in the next available spring or fall semester, pending completion of their MicroMasters courses through the edX platform. Most students satisfy all program requirements within 21 months to three years. Indiana’s MS in Accounting is a top-notch degree for today’s discerning business student.
Penn StateSmeal College of Business
The Smeal College of Business at Penn State offers an online Master’s in Taxation. Enrolled students gain specialized knowledge in tax law, planning, research, and analysis. Graduates of the program emerge with the expertise they need to guide organizations’ critical tax management strategies. This entirely online degree program provides distance learners with a world-class education delivered at a pace that fits their active lifestyles. No GMAT is needed. With innumerable pages of tax law, Internal Revenue Service (IRS) pronouncements, and regulations, taxation is anything but a simple subject. Business students can gain the expertise they need to become highly valued tax advisers by earning the Penn State Master’s in Taxation, available only through Penn State World Campus. When graduates branch off into careers in taxation, they serve as client advocates — tax experts who promote tax compliance and limit tax liability in accordance with tax laws. This program’s course work is delivered by renowned faculty from the Smeal College of Business and stands as one of the top three in the country.
University of MinnesotaCarlson School of Management
An online Master of Business Taxation is featured at the University of Minnesota’s Carlson School of Management. With a reputation as one of the premier graduate tax programs in the nation, Carlson School’s online Master of Business Taxation has it all. World-class instructors, boasting a wealth of industry experience, combine with a thriving local business community to offer a career-shaping experience for graduate students. Master of Business Taxation educators come from some of the planet’s best major corporations and leading tax firms to present firsthand lessons with expertise in international entities and small businesses. Boasting a network of over 1,000 Master of Business Taxation alumni with solid connections to employers near and far, the online MBT will exponentially expand graduate students’ professional opportunities. Distance learners enrolled in the Master of Business Taxation Program explore the latest topics like new regulations, IRS pronouncements, statutes, and more—while gaining a greater perspective on the relationship between business and tax issues. This excellent program can be completed in two to three years.
University of Southern CaliforniaMarshall School of Business
The Marshall School of Business at the University of Southern California provides an online Master of Business Taxation. This stellar degree has been explicitly designed for fully employed tax professionals ready to broaden and deepen their knowledge of taxation while applying research techniques critical to success as professionals in the field. Program designers have attached a minimum of one year of tax-related experience requirement for the MBT-WP program. All enrolled students can take classes on campus or online as both feature the same cutting-edge and high-quality instructors. Small class sizes mean personalized instruction and a top-notch educational experience. This online Master of Business Taxation for Working Professionals exists as a ten-course degree with five tax electives and five required tax courses. Whether online or on-campus, the curriculum is identical and qualifies students to take the Uniform CPA Exam. This program is developed for professionals already working in the tax field who are ready to deepen their knowledge by studying various tax topics. Business school representatives note that graduates of this excellent business program often seek professional roles with increasing levels of responsibility.
Washington University in St. LouisOlin Business School
An online Masters of Accounting is available at the Olin Business School at Washington University in St. Louis. Enrolled students know what it is like to advance their accounting skills to accelerate their careers. Within this focused, rigorous program, graduate students do more than just get their feet wet; they take a deep dive into accounting principles and theory while gaining a solid understanding of the global business landscape. Olin’s online Master of Accounting program is characterized by dedicated, expert educators and a best-in-class digital learning experience. The program’s three levels of credentials allow students to build their resumes as they go with progression through a graduate certificate, an advanced graduate certificate, and the degree. Distance learners will also enjoy a personalized, propriety online learning platform known as WashU. It was developed by the Center for Digital Education, and it provides students with engaging course sessions through a state-of-the-art user experience. This remarkable accounting program would be a massive asset for any professional’s resume.
University of MiamiHerbert Business School
An online Master of Professional Accounting is offered at the University of Miami’s Herbert Business School. Program architects have designed this innovative program to help graduate students become invaluable assets to accounting firms and major corporations across the nation. The program’s rigorous and relevant courses prepare graduates for the CPA exam and other accounting certifications, such as the Certified Fraud Examiner, Certified Information Systems Auditor, Certified Internal Auditor, and Certified Management Accountant certifications. Graduate students with previous accounting experience will discover that the business school’s Master of Professional Accounting with the coinciding CPA track is the best option. Herbert leaders recommend the Master of Professional Accounting or the MBA, emphasizing Accounting to graduate students lacking previous accounting experience. UOnline is Miami’s partner in offering the identical prestigious degree that business students would earn on campus, allowing distance learners to advance their educations without compromising active and demanding schedules.
North Carolina State UniversityPoole College of Management
An online Master of Accounting is currently available at North Carolina State University’s Poole College of Management. This innovative online accounting degree allows graduate students to pursue the Jenkins Master of Accounting Program on their terms and at their pace. Distance learners enjoy true flexibility as they earn a top-ranked degree — and accelerate their careers. Balancing family, work, and other priorities can make pursuing a graduate program on campus a sometimes overwhelming commitment. That is why Poole staff built its flexible online MAC program to offer actively working professionals the identical outstanding experience that its in-person program enjoys, 100% online. Distance learners take the same classes, taught by the same respected instructors, earn their degrees in as little as one year or up to six years, and access the same specialization and study abroad options. Accepted students are asked to complete all accounting prerequisite courses through the ASAP Online Prerequisite Program. This stellar program is designed to streamline a student’s path to graduation and remove all potential hurdles along the way.
Rutgers, The State University of New Jersey-Newark and New BrunswickRutgers Business School
The Rutgers Business School at Rutgers, The State University of New Jersey-Newark and New Brunswick offers an online Master of Accountancy in Governmental Accounting. Recently ranked as a top ten in the nation according to the U.S. News & World Report, this Rutgers Business School Master’s in Governmental Accounting exists as the first and only program of its kind available 100% online, exclusively at Rutgers. Graduate students needing a flexible and convenient online accounting master’s degree that fits into their active lifestyles and will help them advance careers in the public or nonprofit sector need look no further than the Rutgers Business School Master’s in Governmental Accounting is for you. Delivered by industry leaders, this online program is designed to prepare graduate students in the rapidly expanding government financial auditing, management, and accounting field. Consisting of only 30 credits, students can complete this program part-time as they work, or even in as little as twelve months while fulfilling the additional requirements needed to sit for the New Jersey CPA exam. Rutgers online Master of Accountancy is one of the nation’s best.
University of ArizonaEller College of Management
The University of Arizona provides an online Master of Science in Accounting at the Eller College of Management. Incoming students get the chance to choose among six program start times each year and can satisfy all program requirements in as little as 12 months. This online Master of Science in Accounting is an AACSB-accredited program. Distance learners work at their pace and on their schedule, knowing that with the expertise and in-demand skills they’re developing, it’s all up from here. Within this online program, graduate students learn from the same renowned instructors as traditional on-campus MSA students. They develop the mastery to take their accounting careers farther while also earning credit toward obtaining their CPA licenses. The 30 required units include 18 units of graduate accounting work. For the remaining twelve units, distance learners choose from the business school’s online MBA business courses. This program gives working professionals the flexibility to study what interests them most. Students can expect to develop accounting mastery, build a base of expertise for professional careers in accounting or consulting, and explore other business fields through elective MBA courses. This accounting degree features lots of bang for the academic buck.
University of ConnecticutSchool of Business
The School of Business at the University of Connecticut provides a Master of Science in Accounting. With the drastic shifts in roles and responsibilities over the past ten years, accountants are no longer known simply as number crunchers. Today’s modern accountants are decision-makers, measurement experts, and masters of information data and technology. Program designers believe the best way to develop these skills is by earning this online MSA. Enrolled students acquire the technical accounting knowledge they need and establish invaluable decision-making capabilities, and learn how to utilize the power of today’s latest technologies—all from the comfort of their couches and home offices. When evaluating this program’s highlights, it’s easy to see why it comes so highly regarded. This distance degree enables students to fulfill the needed accounting credit requirements to take the CPA exam. It enjoys AACSB accreditation. Distance learners can design the program to meet their specific area(s) of interest. It also helps students develop and hone their decision-making and problem-solving skills. The online MSA from UConn could be one of the best decisions you’ll ever make.
Northeastern UniversityD’Amore-Mckim School of Business
The D’Amore-McKim School of Business at Northeastern University currently features an online Master of Science in Taxation. When considering the tax industry, the only constant is change. Few realize this, but the U.S. tax code—which now includes nearly 4 million words—was altered over 4,500 times from 2001 to 2012, as reported by the Taxpayer Advocate Service’s 2012 Annual Report to Congress. Corporations and individuals alike depend on qualified tax professionals to analyze and interpret complex tax laws, complete returns, and ensure compliance. This stellar online Master of Science in Taxation from Northeastern prepares graduate students to thrive in the field of accounting, where rapid change is the norm instead of the exception. This stellar distance program is the ideal degree for working professionals with active lifestyles. Students with backgrounds in business, finance, accounting, or law will discover that this online Master’s in Taxation degree aims to equip them with the graduate-level foundation they will need to deliver innovative tax solutions.
University of MissouriRobert J. Trulaske, Sr. College of Business
The Robert J. Trulaske, Sr. College of Business at the University of Missouri provides an online Master of Accountancy. The number one issue of the accounting profession is recruiting and maintaining new talent since the American Institute of Certified Public Accountants reported an increasing demand for CPAs. This presents a perfect opportunity for motivated accounting students. With such a strong demand for capable accountants, this online Master of Accountancy is the premier avenue to connect graduates to a high-demand field in business. Students wanting to complete the degree entirely online and those seeking a more traditional in-seat path will find that the School of Accountancy has lots to offer. The business school reports that program graduates are successful in job placements, with placements exceeding 95 percent each year. Online students are given the same networking opportunities and are candidates eligible for hire to all employers with equal professionalism and qualification. This program is a must for the accounting-focused graduate student.
University of OklahomaMichael F. Price College of Business
The University of Oklahoma’s Michael F. Price College of Business provides an online Master of Accountancy. Program designers recognized the need for accounting professionals to complete 150 hours of coursework (with 30 credit hours in graduate accounting) to sit for the CPA exam. The Price College of Business at Oklahoma now features its Master of Accountancy in a 100% online format. This is the identical program currently delivered on campus. Highlights of the online Master of Accountancy include a curriculum filled with solid accounting expertise. The university’s John T. Steed School of Accounting is one of a choice number of accounting programs that enjoy its accreditation through AACSB International, the only entity that accredits top business schools. The accreditation provides students with an assurance that the program is of the highest quality while delivering appropriate preparation for the CPA Exam. Marked by a flexible delivery format, this degree allows enrolled students to progress through coursework when they prefer online courses and assignments. The entire program can be completed in less than 24 months while still allowing active professionals to work full-time.
Syracuse UniversityMartin J. Whitman School of Management
Syracuse University’s Martin J. Whitman School of Management features an online Master of Science in Professional Accounting. This substantial online program online features the same curriculum content that campus-based students enjoy. Distance learners learn about various topics, including auditing, financial statement analysis, international accounting and reporting, and taxes and business strategy. Syracuse’s online Master of Science in Professional Accounting enjoys official registration as a New York State CPA Licensing Program, preparing graduates to sit for the CPA exam and then become licensed should they pass. The business school also allows distance learners to pursue specialized roles like financial analysts, corporate treasurers, controllers, auditors, or financial consultants. Graduates of this online program have accepted positions at high-profile firms like KMPG, the New York State Department of Taxation and Finance, and Lockheed Martin. Program highlights include a GMAT/GRE waiver for qualified applicants, no previous work experience required, and a 30-credit hour curriculum. As a bonus, students with a bachelor’s degree in accounting can graduate with this stellar degree in just one short year.
Auburn UniversityRaymond J. Harbert College of Business
The Raymond J. Harbert College of Business at Auburn University provides an online Master of Accountancy. Graduate students can earn an online Master of Accountancy (MAcc) from the comfort of their own home from the Harbert College of Business. With options for distance learners with accounting undergraduate degrees or degrees in other disciplines, the MAcc will prepare actively working professionals for success in the accounting profession. The business school’s online MAcc features the same instruction, exams, faculty, and assignments as its on-campus counterpart. The courses prepare students to successfully pass the CPA Exam and strengthen their technical, communication, and research skills. Designed for working professionals, enrolled students can complete the entire degree in as few as 24 months by taking two classes for five semesters while working full-time. In addition, Harbert’s unique approach to distance learning allows students to feel just as connected to their professors and peers as if they were there in person.
University of Massachusetts AmherstIsenberg School of Management
The Isenberg School of Management at the University of Massachusetts Amherst features an online Master of Science in Accounting. Working alongside internationally recognized educators in auditing and accounting, enrolled students learn how to apply real-world practices and solutions through a progressive curriculum rooted in team-based learning and hands-on decision-making. The knowledge students acquire in the program will fulfill the educational requirements they need to become licensed Certified Public Accountants in Massachusetts. Program candidates who have already attained an undergraduate degree in accounting will discover that the business school’s Professional Track will immediately immerse them in advanced coursework. They will learn skills that apply to their current job—this remarkable degree positions distance learners for growth and a specific focus in accounting and auditing. Students interested in switching to careers in accounting or auditing will find that the Transitions Track has been designed specifically for graduate students with non-accounting backgrounds. This program from Isenberg has a lot to offer.
Bentley UniversityMcCallum Graduate School of Business
An online Master of Science in Taxation is currently available at the McCallum Graduate School of Business at Bentley University. Enrolled students research and analyze complex fact patterns, learn to develop and apply successful tax strategies, communicate with tax and business professionals, and challenge and assess ethical responsibility. Graduate students can also work toward the 150-academic-hour requirement for certified public accountant licensure in many states, including Massachusetts. When distance learners join the Bentley community, they can access a vast and lifelong set of career-oriented services. The Bentley online MST prepares professionals for a wide range of careers, no matter the industry they are interested in. All MST program courses use the latest technologies for online learning, so graduate students have the option of attending class on campus or from the comfort of their home or office. Both online and on-campus courses run simultaneously, fostering discussion among all types of students and the instructor. This stellar degree program combines online convenience with the benefits of the classroom experience.
University of CincinnatiCarl H. Lindner College of Business
The University of Cincinnati features an online Master of Science in Taxation at the Carl H. Lindner College of Business. This program is the perfect fit for graduate students wanting to secure their future with a top-ranked online MS in Taxation program. The business school has distance learners covered with both interactive and practical coursework. They can rest assured that they will gain the knowledge and skills to stand out in their chosen careers. Professionals serving individuals, small businesses, and large corporations as professional tax advisors will get prepared by this online Master of Science in Taxation at the University of Cincinnati with a specialized and comprehensive understanding of tax law complexities. This distance program is led by the business school’s award-winning accounting staff and industry experts. The 100% online program can be completed in as little as twelve months. The Carl H. Lindner College of Business has been AACSB accredited since 1919. Cincinnati’s online MS in Taxation offers award-winning instruction from cutting-edge tax experts, professionals, CPAs, lawyers, and academics with Fortune 500 and international accounting experience.
Mississippi State UniversityCollege of Business
The College of Business at Mississippi State University features an online Master of Professional Accountancy & Master of Taxation. The university’s Adkerson School of Accountancy offers online graduate classes that mirror on-campus courses, resulting in the same graduate degrees in accountancy. Taught by the same MSU instructors, who have received awards for their innovative teaching methods, both the online Master of Taxation and the online Master of Professional Accountancy programs are accredited by AACSB International, the world’s most elite business school accreditation. Both online programs combine general, broad accounting and business education into a focused curriculum designed to meet the greater demand for accountants. Both programs also stem from developments in information technology, complicated governmental control and taxation measures, and a growing awareness of the need for precise control methods in existing organizations. Prospective career paths for program graduates include private accountant, public accountant, government accountant, and auditor. Both fully online programs would be a remarkable asset on any professional’s resume.
University of Colorado DenverBusiness School
The Business School at the University of Colorado Denver provides an online Master of Science in Accounting & Master of Science in Taxation. This excellent MS in Accounting program is supported by an advisory council of premier Denver accounting professionals. This program aims to give graduate students valuable networking experiences and ensure the curriculum remains relevant. Business school leaders offer students the chance to develop close relationships with instructors who care about their education and future. Enrolled students can get CPA exam-ready by taking courses that cover material on the exam. The school’s active advisory council facilitates several events hosted by Denver organizations each year to give local learners access to business leaders. The online MS in Taxation gives accountants, lawyers, and enrolled agents wanting to work within taxation an edge over the competition. With careful planning, that degree can be completed in just twelve months, but most students work full-time and graduate in two years. Both programs offer full access to the Business Career Connections team and feature attractive tuition rates.
Kansas State UniversityCollege of Business Administration
An online Master of Accountancy is featured at Kansas State University’s College of Business Administration. This stellar program provides graduate students with more substantial breadth and depth in accounting than can be found in an undergraduate program. This degree is backed by Association to Advance Collegiate Schools of Business accreditation and certified by the Institute of Management Accountants. This 100% online master’s program qualifies its graduates to sit for the Certified Public Accountant exam and was designed to cover various cutting-edge topics in accounting, like accounting analytics, international and multijurisdictional taxation, financial statement analysis, and business valuation. The online Master of Accountancy consists of 30 credit hours of coursework and a culminating experience. Courses include Advanced Financial Reporting, Corporate Taxation, Foundations of Accounting, Advanced Auditing, International Accounting, International and Multijurisdictional Taxation. This attractively priced program is ideal for professional accountants wanting to work in various industries, including financial institutions, nonprofit organizations, and public practice.
University of WyomingCollege of Business
An online Masters of Science in Accounting is delivered at the University of Wyoming’s College of Business. Program architects understand that today’s modern business environment is fast-paced and interactive. Being successful requires diverse professional skills, from critical thinking and computer application to evaluation and synthesis. It also requires that professionals gain and retain strong personal skills, from adaptability and teamwork to interpersonal communication. The University of Wyoming’s advanced business education and Master’s in Accounting degree helps graduates become successful leaders and decision-makers. This flexible, online master’s program in accounting has been tailored to working professionals. Program entrants can start in the fall, spring, or summer terms and enroll as full-time or part-time students. Most on-campus students finish in one year, while part-time and online students graduate in two years. Future accountants will be pleased to know that UW’s online Master’s in Accounting focuses on preparing its graduates for the CPA exam. This degree will certainly deepen one’s knowledge and broaden career opportunities in any field.
Missouri State UniversityCollege of Business
The College of Business at Missouri State University provides an online Master of Accountancy. Graduate students desiring to become certified public accountants or to advance in the field of accounting will find that this Master of Accountancy at Missouri State provides a comprehensive, advanced accounting degree that blends courses in managerial, auditing, financial, and tax accounting. This 100% online graduate program aims to develop well-rounded accounting professionals who are ready to thrive in a variety of careers as public, private, or governmental accountants. Through the Master of Accountancy program, distance learners will develop their research, presentation, and writing skills, which will help them become polished accounting professionals. All graduate students learn directly from the business school’s highly qualified faculty, many of whom are respected experts in their field. This online Master of Accountancy fulfills the educational requirements for the Certified Public Accounting examination in Missouri, allowing graduates to pursue further professional distinction as public accountants.
Emporia State UniversitySchool of Business
An online Master of Accountancy is currently available at the School of Business at Emporia State University. This stellar program at ESU will prepare graduate students for leadership roles in public accounting, internal auditing, controllership, forensic accounting, tax accounting, and more. This flexible and attractively priced program is designed to satisfy the 150-hour requirement for the CPA exam. It can be completed in as few as 12 months with a 100% online format. Distance learners learn advanced accounting skills that will equip them to move ahead in their professional accounting careers. Now delivered in accelerated 7-week courses, this distance degree builds on one’s bachelor’s degree in accounting with an in-depth study of advanced accounting issues across taxation, auditing, and management. No work experience is required to qualify for acceptance into the program. A GMAT waiver is available for students with three years of significant work experience. This program has a lot to offer today’s serious business students.
If you are looking for a surprisingly diverse profession with high yields, you may want to consider pursuing an Online Master’s in Accounting.
Today’s working accountants do so much more than simply crunch the numbers and balance the books. They solve white-collar crimes. They play critical roles in the nation’s healthcare reform. The FBI employs accounting experts by the thousands. They teach at colleges and universities from New York to California. They run small businesses and need to stay sharp and well-rounded through the book-keeping skills delivered by seasoned instructors. They are even Chief Financial Officers of Fortune 500 companies, international merger and acquisition experts, and comptrollers.
At their base, accountants are critical thinkers, problem solvers, and excellent communicators who utilize objective, resourceful, and systematic strategies. All accounting experts have in common the knowledge and skills that a degree like an Online Master’s in Accounting provides for this anything-but-conventional career.
What Kind of Difference does an Online Master’s in Accounting Make?
Master’s programs in accounting are specifically designed for professionals looking to get ahead as public accountants, corporate accountants, auditors, fraud examiners, financial analysts, and so much more. This degree can boost accountants’ need for higher-level positions in banking, taxation, insurance, or any organization with a financial department. With an advanced accounting degree, professionals in the field acquire superior analytical skills, deepen their knowledge of accounting principles, and are exposed to the latest technologies.
An Online Master’s in Accounting is a vital step toward the required credentials needed to become a certified public accountant (CPA). The CPA exam is the premier designation in the accounting field. While it is intense and takes time to prepare for, it is well worth the effort. After passing the exam, accountants are qualified to file reports to the Securities and Exchange Commission, making them exponentially more marketable to potential employers.
While some professionals working in the accounting field do not have the opportunity to move near a college campus to enroll in a high-quality accounting program, an Online Master’s in Accounting is a viable option. This flexible and convenient program has been designed for graduate students needing to benefit from a stellar curriculum without having to travel to campus or relocate. There is no downside to pursuing a Master’s in Accounting. One of the main reasons graduates of this program are such attractive new hires is that they accept a position ready to roll up their sleeves and get to work.
What Kind of Salary and Job Options are Available to Online Master’s in Accounting Program Graduates?
Committing to a career path is a substantial milestone in a person’s life. Because of this, you want to ensure your investment in an advanced degree is worth the energy, time, and money. It is essential to assess your ambition to lead, what salary you expect, and any title goals you may have to help you determine if an accounting profession suits your personality and expectations. There is any number of things you can do with an accounting degree besides becoming a stock accountant. Many careers depend on the daily use of accounting-specific practices and principles.
According to the U.S. Bureau of Labor Statistics, some positions available to professionals with an accounting degree include:
Can an Online Master’s in Accounting Program Lead to Positions in Middle and Senior Management?
An Online Master’s in Accounting is the perfect degree for those interested in higher-level accounting and financial management roles. This program also prepares distance learners to communicate effectively with executive management. The comprehensive, advanced degree deepens a student’s understanding and skills in many essential business areas, like quantitative analysis, accounting principles and practices, cost analysis for informed decision-making, professional auditing methods, utilizing information technology to evaluate financial data, and applications of financial regulations in business. Graduate students also learn the ins and outs of individual and corporate tax preparation. Online Master’s in Accounting programs are ideal for recent undergraduates wanting to learn alongside actively working professionals in the field interested in advancing their careers, as well as career-changers ready to chart a course for adventure in a new field.
What is the Difference Between the CPA and the CMA?
An Online Master’s in Accounting prepares graduate students for various certification exams. Passing the exams needed for specific specializations gives accounting students seeking employment a distinct advantage and offers a job candidate valuable credibility.
Some public accounting firms will offer to pay for employees’ review courses. The Certified Public Accountant (CPA) exam exists as the industry standard for those wanting to pursue a career in public accounting. To sit for the exam, most states require a minimum of 150 hours of coursework, which equals five years of school. Attaining an Online Master’s in Accounting can reduce the supervised work requirement by two years, enabling graduate students to become certified faster.
Managerial accounting accounts for another significant segment of the accounting realm. Managerial accountants gather and analyze information that drives strategic planning, goal setting, and the direction of a company’s resources. To take the Institute of Management Accountants’ Certified Management Accountant (CMA) exam, students must satisfy requirements, including an undergraduate degree from an accredited program in addition to two years of professional experience. The exam covers several topics, including financial planning, reporting, performance, and financial decision-making, as reported by the IMA website.
Other certifications that require credit hours include:
Certified Fraud Examiner (CFE)
Certified Internal Auditor (CIA)
Certified Information Systems Auditor (CISA)
Certified Financial Services Auditor (CFSA)
An Online Master’s in Accounting helps students meet the credit requirements for these exams while familiarizing them with the content of these rigorous tests. None of these exams are mandatory, but they legitimize a professional’s level of dedication to the field and offer benefits many can’t attain with an undergraduate degree.
Certified Public Accountants are accountants that have passed the official CPA exam. The exam requires them to have attained a minimum education and work experience. Professionals can work as accountants without becoming CPAs, but it is the industry standard designation of quality and trust.
Pursuing an Online Master’s in Accounting is a great way to ensure a career in the critical field of accounting.