An Online Master’s in Accounting is a great way to go if you are a working professional looking for more job opportunities and a higher earning potential. Business leaders who want to continue their education beyond an undergraduate degree in accounting, and those needing to gain more concentrated knowledge in the field, will want to consider this degree. It is common knowledge that workers with higher education levels can demand more compensation for their work. Professionals working in accountancy with a master’s degree can draw more in annual salary and benefits than their undergraduate counterparts.
An online graduate program can also help distance learners accumulate the 150 credit hours usually required to take the Certified Public Accountant exam. Web-based programs often follow the same rigorous course load as brick-and-mortar options, which results in similar advancement opportunities for graduates. The online format of an Online Master’s in Accounting is ideal for students responsible for additional life commitments. Here is a ranking of the nation’s best 25 Online Master’s in Accounting programs to help prospective students on their road to advancement.
To find the best Online Master’s in Accounting programs, colleges and universities offering hybrid or online master’s degrees in accounting or accountancy were examined. Each degree was ranked upon the top three criteria that working professionals look for in an online program: reputation, convenience, and affordability.
To find the overall reputation of the MAcc degrees, information was combined from The Princeton Review, US News and World Report, and each school’s College Consensus Score. Data for each program was averaged and placed on a 100-point scale for the Reputation Score.
The Convenience Score of each MAcc program is based on if it can be completed in a 100% online format, and if the GMAT/GRE test score requirement is waived or omitted during the admissions process.
All tuition information was found on each university’s website, and the base tuition was calculated for each MAcc degree. The tuition was inverted and then placed on a 100-point scale to find the Affordability Score for this ranking.
University of ScrantonArthur J. Kania School of ManagementScranton, PA
The University of Scranton delivers an online Master of Accountancy at the Arthur J. Kania School of Management. Program designers have constructed a degree that offers a comprehensive approach to leadership in the accounting field. Scranton’s online Master of Accountancy (MAcc) equips students with the tools they need to master the practical hands-on abilities that accounting professionals require in their quest to become strategic and influential business leaders. Besides being exposed to the communication proficiencies and soft skills needed to manage clients and team relationships, students get a grasp on the ethical components of maintaining organizational finance. The 30-credit hour MAcc online degree is bolstered by the Kania School of Management’s AACSB-International accreditation, the robust CPA examination prep through Wiley CPAexcel, and the ethical foundation of a Jesuit education. Students can choose between two concentrations, with a general option, in the online Master of Accountancy program to better prepare them to leverage accounting skills in market-relevant areas.
University of DallasSatish & Yasmin Gupta College of BusinessIrving, TX
The University of Dallas delivers an online Master of Science in Accounting at the Satish & Yasmin Gupta College of Business. This exemplary program equips accounting professionals with the foundational framework they will need to excel in today’s financial environment. Upon graduation, distance learners are prepared to sit for the Certified Public Accountant exam and begin a career in public accounting through a variety of professional roles. The 33-hour accounting program helps graduate students gain a more in-depth knowledge and understanding of accounting principles. They will also get the tools and skills needed to succeed in a profession that requires a high level of reporting and transparency when analyzing financial statements. Course topics within this program include Auditing, Advanced Accounting, Accounting Information Systems, Entity Taxation, and Accounting Research Methods. Most students complete this degree within 1.5 and two years. The University of Dallas has set the tuition rate for this program at just above $40,000.
University of South DakotaBeacom School of BusinessVermillion, SD
The Beacom School of Business at the University of South Dakota offers an online Master of Professional Accountancy. SD’s business school was established in 1927 and has been continuously accredited by AACSB-International since 1949. Students interested in this program can be confident that the online accounting degree available at the Beacom School of Business is of high quality and is respected by the business community. The online Master of Professional Accountancy is designed to provide specialized learning in accounting and related fields for professionals wishing to prepare for a career in public accounting. The degree’s curriculum meets the 150-hour requirement to sit for the Certified Public Accountant examination. While specific course requirements for the CPA exam vary by state, the business school recommends that students check with the state licensing board in the state they intend to become licensed for specific requirements. This 100% online accounting program provides training in graduate finance, accounting, and related subjects for graduate students seeking careers in industry, accounting education, or government service.
University of ConnecticutSchool of BusinessStorrs, CT
An online Master of Science in Accounting is offered at the School of Business at the University of Connecticut. This 30-credit hour degree is one of the best accredited online programs in the nation. UConn currently stands as one of less than 200 institutions that hold a specialized AACSB Accreditation specifically for its accounting programs. This online degree in accounting has been recognized by the U.S. Distance Learning Association for its exemplary practices in online learning. Compared to similar graduate accounting programs, UConn’s degree is one of the more affordable MSA programs with a tuition rate of less than $30,000. With a wide range of electives available, this program enables distance learners to design a program that reflects their specific interests versus being locked into a pre-determined “track.” The program’s curriculum is centered on issues relevant to today’s accounting professional. Many of the working students report they can use the knowledge gained in the virtual classroom immediately on the job.
Rutgers, The State University of New Jersey-Newark and New BrunswickRutgers Business SchoolNew Brunswick, NJ
The Rutgers Business School at Rutgers, The State University of New Jersey-Newark, and New Brunswick provides an online Master of Accountancy in Professional Accounting. This stellar, 30-credit, online accounting degree has been designed specifically for those who do not have a professional accounting or traditional educational background. Students seeking an advanced degree in accounting will find that this degree balances accounting theory and practice while preparing them to meet the needs of the job. Working professionals can make a successful career change without needing to incur the increased cost of an MBA. Rutgers Business School candidates with some work experience and a bachelor’s degree in a business discipline other than accounting will benefit from this professional accounting program. Highlights of this degree include an 11-course structure, three start times each year, the chance to transfer up to six credits into the program based on previous academic experience, and the opportunity to complete day courses with MBA in Professional Accounting students.
University of North DakotaNistler College of Business & Public AdministrationGrand Forks, ND
An online Master of Accountancy is available at the Nistler College of Business & Public Administration at the University of North Dakota. Business school leaders know that changes in the industry have impacted accountants around the world. These changes are driven by increased regulations, more robust governance, and advances in digital technology. A very different set of skills characterizes the modern-day accountant. Today’s accountants need to be tech-savvy and good at communicating with others. Candidates interested in this degree who lack an undergraduate degree in accounting will want to choose the business school’s Fundamentals track. This track does not include prerequisites or bridge courses. Students with an undergraduate in accounting should consider the Practitioner track designed to push leadership skills farther to help students take your career to the next level. This degree includes lessons on identifying and responding to ethical challenges while using data to create strategic value for an organization. Students will study topics including advanced financial accounting, accounting for governments and nonprofits, audit and assurance services, and business intelligence.
Clarion UniversityCollege of Business Administration & Information SciencesClarion, PA
An online Master of Science in Accounting is offered at Clarion University’s College of Business Administration & Information Sciences. This 30-credit hour program prepares students to thrive in finance and accounting professions. The College of Business Administration & Information Sciences experienced staff is highlighted by smaller class sizes, which will prepare students for the workforce and a graduate degree in law, accounting, or business. The program has three specializations to better meet graduate students’ career goals and needs. Students have access to this degree at the Butler County Community College Campus, Clarion campus, and through online learning. Clarion gives distance learners three specializations within this program, including Internal Audit, Industry, and Certified Public Accountant. The Industry concentration is a good fit for students who will not pursue a professional certification, but instead, want a career in industry. An attractive tuition rate of just over $15,000 is advertised with this 100% online degree. Candidates do not have to submit GRE or GMAT scores during the application process.
DePaul UniversityDriehaus College of BusinessChicago, IL
An online Master of Science in Accountancy is currently available at the Driehaus College of Business at DePaul University. Course designers constructed the 100% online MSA program with vital input from industry leaders. As a result, the program provides the knowledge and practical skills graduates need to become professional accounting experts who are highly skilled at applying said practices to business problem-solving. This 48-credit hour program attracts individuals from a wide range of professional backgrounds. Experienced accounting professionals and those interested in entering the field all have loads to gain from this degree that lists a tuition rate of just over $50,000. Online MSA students are guided through gaining the comprehensive knowledge needed to advance in their careers while also getting prepared for the CPA exam. All enrolled students in the program receive free access to Surgent CPA Exam Review’s University Pass program. This access includes exam-oriented curriculum content, instructional videos, and practice test questions.
Ohio UniversityCollege of BusinessAthens, OH
The College of Business at Ohio University offers an online Master of Accountancy. Program architects believe this 30-45-credit hour program deals with more than just numbers; it is about the processes for which the numbers can be used and the insights those numbers provide. Graduate students within this program will leverage their mathematical skills while developing their analytical mindset. Students interested in advancing in their current accounting positions or transitioning to the finance field will find three paths to prepare them for success as an accountancy professional. Three concentrations exist in one 100% online degree that unlocks many career paths is the thinking behind the way the College of Business designed the online Master of Accountancy. Ohio offers an Accounting Path for experienced accounting professionals to provide them the required skills and hours they need to stand out from the competition. It also features two paths for those with a business undergraduate degree or a non-business undergraduate degree who are looking to expand their accounting opportunities.
Rider UniversityNorm Brodsky College of BusinessLawrenceville, NJ
Rider University provides an online Master of Accountancy at the Norm Brodsky College of Business. Program designers believe that as the world of business continually evolves, so can the skills of today’s graduate students in accounting. Modern-day executives in accounting need high-level knowledge and skills that can help promote an organization’s financial success. Profitability and organizational strength take more than just number knowledge; it’s also about finding answers to complicated issues by applying expertise in technology, communication, and analytics. Students who earn their online Master of Accountancy from Rider University can expect to gain a competitive edge in a globalizing industry. They learn to integrate strategy, communication skills, technology, and an analytical approach to make the financial decisions that drive today’s businesses. Advantages to this program include a 100% online format, preparation to sit for the CPA exam, six start dates each year, the ability to complete the degree in two years, and no GMAT requirements.
University of Michigan-FlintSchool of ManagementFlint, MI
The School of Management at the University of Michigan-Flint provides an online Master of Science in Accounting. Professional preparation is a high priority for this degree. Students are promised to emerge from the program ready to complete the Certified Public Accountant Exam as well as other professional accounting certificates. Graduates will also be prepared to compete for rewarding accounting positions as well as career advancement. The university’s MSA is offered in a blended online/on-campus Net+ format as well as the 100% online option. The 100% online Master of Science in Accounting also offers flexible interactions many professionals and students require in their active lives. Online learning is done through a plethora of techniques, including audio and videocasts, discussion boards, online chats, and other methods. The University of Michigan-Flint uses the Blackboard learning program for its online education. MSA online tuition is extremely attractive for both in-state and out-of-state students.
Brenau UniversityCollege of Business & CommunicationGainesville, GA
The College of Business & Communication at Brenau University currently features an online Master of Accounting. This 30-credit hour degree provides advanced financial training, which allows students to procure public and managerial accounting roles in various organizations. In addition to specialized education in accounting, fraud prevention, taxation, auditing, and other principles, students gain confidence in their ability to communicate financial information and prepare financial statements adequately. Brenau’s ultimate goal with its online MAcc program is to prepare students to take and pass certification exams they will need to be Certified Public Accountants (CPA) or Certified Management Accountants (CMA). Exam questions and simulations are injected throughout the program, so distance learners always know what to expect. Graduates of the degree will be proficient in taking and passing CPA and CMA exams, understanding accounting rules, laws, and functions to enter an accounting position in an organization, and analyzing financial statements for governments, businesses, nonprofits.
Keystone CollegeSchool of Professional StudiesLa Plume, PA
The School of Professional Studies at Keystone College provides an online Master of Accounting. Distance learners who are ready for the next step on the road to a professional accounting career to sit for the CPA exam should consider applying for the online Master of Accountancy (MAcc) at Keystone College. The school’s 30-credit MAcc program is formulated to allow students to take classes online and satisfy all degree requirements in only 12 months. Enrolled students will develop a better understanding of accounting, taxation, international accounting, auditing, forensic accounting, ethical practices, and risk management that will expand their job prospects while preparing them for the CPA exam. Program candidates must possess an undergraduate degree in any major from an accredited university or college with an overall 3.0 GPA or higher to register for the online MAcc program at Keystone. Applicants lacking a bachelor’s degree in accounting or finance must register for Financial Accounting, Individual Federal Taxes, and Auditing, Managerial or Cost Accounting, Intermediate Accounting I, and Intermediate Accounting II.
Maryville UniversityJohn E. Simon School of BusinessSaint Louis, MO
Maryville University’s John E. Simon School of Business provides an online Master of Science in Accounting. Program architects understand that today’s modern accounting landscape is evolving. Continued advances in technology, heavier financial regulations, and a new focus on cross-functionality between accounting and other business processes mean that accountants must be able to adapt readily to change quickly. With Maryville University’s online MS in Accounting, students can do more than keep pace with the industry. Distance learners develop the advanced, practical accounting skills, financial savvy, and business strategies they need to stay ahead of the curve. Advantages of this program include a 100% online format with no visits required to the campus in Saint Louis, Missouri, no GMAT or GRE requirement for applicants, a graduation time of 10 months, the chance to qualify and prepare for the CPA exam, and a bridge program opportunity for students lacking an academic background in accounting.
Seton Hall UniversityStillman School of BusinessSouth Orange, NJ
Seton Hall University’s Stillman School of Business provides an online Master’s in Accounting. Program designers are dead set on helping graduate students gain the connections and skills they need to ensure a successful career in accounting. Distance learners who earn their online MS in Accounting from Seton Hall University’s Stillman School of Business develop professional abilities even if they are from non-accounting business programs. Graduates of this degree enter the workforce with the technical proficiency to be successful in accounting roles. They understand the functional areas of business needed to communicate successfully in the corporate environment. Professionals studying at Seton Hall learn in a program that is among the 1 percent worldwide of schools to earn both business and accounting accreditation through the AACSB-International. This highly respected program builds the foundation for students’ accounting careers, prepares them for the CPA exam, and develops the professional relationships they need for success.
Syracuse UniversityMartin J. Whitman School of ManagementSyracuse, NY
The Martin J. Whitman School of Management at Syracuse University provides an online Master of Science in Professional Accounting. This stellar degree helps students transition into finance roles or advance their accounting careers. In the 30-credit hour online program, students learn the identical content from the same instructors as the students enrolled in Whitman’s on-campus accounting program. Alumni of the online program have graduates to work at well-known organizations, including Audible, Micron Technology, KPMG, and Lockheed Martin. The curriculum trains students in topics such as auditing, international accounting and reporting, financial statement analysis, and taxes, and business strategy. Students with educational experience in accounting can satisfy all requirements of the 30-credit master’s in accounting in 12 to 15 months. Applicants who have not completed accounting courses will be placed into an individualized program of study designed to be completed in two years or less. Customized course loads will be determined after an admissions decision has been made.
Franklin Pierce UniversityCollege of BusinessRindge, NH
The College of Business at Franklin Pierce University provides an online Master of Science in Accounting. Students enrolled in this 36-credit hour program will master technical skills and apply their knowledge to business decisions in business ethics, tax, audit, and nonprofit content. Distance learners will be prepared to engage in every sector of the economy, including government, public accounting, business and industry, and healthcare. The coursework helps prepare distance learners for professional certifications like the Certified Public Accountant (CPA), Certified Internal Auditor (CIA), and the Certified Management Accountant (CMA). Franklin Pierce University provides small classes for in-depth, personalized learning environments in a program that is backed by the International Accreditation Council of Business Education. Students will work closely with exceptional professors and a career counselor to develop a full- or part-time course schedule that fits their needs and goals. With 100% online classes and a hybrid online/classroom delivery option, students can complete a graduate degree in just 12 months.
Regis UniversityAnderson College of BusinessDenver, CO
An online Master of Science in Accounting is currently available at the Anderson College of Business at Regis University. With this 30-credit hour program, business school leaders want graduate students to work towards something more substantial than the bottom line. The curriculum for this exemplary degree is presented with the understanding that students comprehend the accounting profession and want to deepen their industry knowledge and become leaders in the field. Graduate students have the option to use this program to get them closer to the CPA license. Amplifying graduate students’ career and credentials by pursuing this distance master’s degree is a decisive next step. The program is structured to help students meet the requirements for CPA licensure. Courses are continuously updated to stay relevant to the newest accounting standards. Anderson’s accounting staff mix real-world applications with high-level processes. Most of the business school’s instructors are practicing accountants and business owners.
St. John’s UniversityPeter J. Tobin College of BusinessQueens, NY
St. John’s University offers an online MS in Accounting at the Peter J. Tobin College of Business. Program designers have constructed this degree to help professionals understand how accounting works within their institutions and in the global marketplace. Course instructors make it a priority to relate sophisticated theoretical concepts to practical issues. The demand for accounting specialists has accelerated dramatically as financial regulations have changed. They will only continue to grow as organizations continue to become more transparent. Graduates of the online MSA program are equipped to leverage their skills and knowledge to become future accounting experts. St. John’s University’s one-year, 33-credit MSA program is currently offered on campus and online. The curriculum fulfills all of the accounting education requirements students need to sit for the uniform CPA examination and also fulfills the academic requirements to be licensed as a certified public accountant in the State of New York. Most other states accept this degree as meeting their academic requirements for licensure because of the business school’s top-tier accreditation.
University of Texas of the Permian BasinCollege of BusinessOdessa, TX
The College of Business at the University of Texas of the Permian Basin provides an online Master of Professional Accountancy. This 36-credit hour program is designed to not only prepare graduate students for the Certified Public Accountant (CPA) exam but also provide them with a working knowledge of business applications and accounting principles. The online AACSB-International accredited degree is flexible and convenient, allowing distance learners to be on their way to better economic opportunities in as quickly as 12 months. UT Permian Basin’s online Master of Professional Accountancy accepts students who have completed an undergraduate degree in accounting, business, or any other bachelor’s field or are currently completing a BBA in accounting at UT Permian Basin. Graduates of the online MPA online degree will be qualified for careers in industry, accounting education, and government service. MPA students develop a skill set that prepares them for positions as Corporate Auditors, Chief Financial Officers, Government Accountants, Information and Technology Accountants, and Corporate Controllers.
Emporia State UniversitySchool of BusinessEmporia, KS
Emporia State University provides an online Master of Accountancy at the School of Business. This 30-credit hour degree will prepare students for fruitful careers as public accountants, leadership roles in controllership, internal auditing, tax accounting, forensic accounting, and more. The attractively priced and convenient program is designed to meet the 150-hour requirement for the CPA examination and can be completed in just 12 months. Featuring a 100% online format, the degree is listed at just over $10,000 in tuition fees. Students can earn advanced accounting skills that will allow them to move ahead in their professional accounting career. As part of the program’s 15 hours of required accounting courses, distance learners will be exposed to the tax implications of creating, operating, and dissolving LLCs, C and S corporations, fiduciaries, partnerships, and sole proprietorships. Graduate students will learn the processes of performing external audits, from the documentation, analyzing, and evaluation of internal controls to the creation and implementation of corroborative substantive tests.
SUNY Polytechnic InstituteCollege of Business ManagementUtica, NY
An online Master of Science in Accountancy is featured at SUNY Polytechnic Institute’s College of Business Management. This 11-course program is listed by the New York State Education Department as a licensure-qualifying degree for students to fulfill the 150-semester hour academic requirement for the Certified Public Accountant (CPA) license. The program’s 100% online format means students can take courses while pursuing their professional interests. Both full-time and part-time students can take advantage of the full online curriculum. SUNY Polytechnic Institute’s program was developed in response to the large number of accountants who held bachelor’s degrees in accounting but wanted to continue growing in a wide range of professional careers. These roles include public, corporate, not-for-profit, and government accounting. Candidates without a background in accounting but desire an opportunity to broaden their professional horizons can do so with this program. These students are required to include additional bachelor’s prerequisite coursework in their plan of study and will do so under the program coordinator’s guidance.
Tennessee Technological UniversityCollege of BusinessCookeville, TN
The College of Business at Tennessee Technological University provides an online Master’s of Accountancy. Tennessee Tech’s MAcc is the first hybrid Master’s of Accountancy available in the state of Tennessee. While most of the program’s curriculum is delivered online, presenting an attractive benefit to working professionals, the online content is supplemented with two weekend residencies in Cookeville, Tennessee. To address the challenges candidates are encountering in completing graduate school entrance tests, the College of Business is temporarily waiving all GRE and GMAT test requirements for applicants to the university’s graduate degree programs during this time. All other requirements still need to be met for admission into the graduate program. Students coming to Tennessee Tech from areas where English is not the first language benefit from secure TOEFL in-home testing made available by the Educational Testing Service. The College of Business also accepts the Duolingo test.
Boise State UniversityCollege of Business and EconomicsBoise, ID
The College of Business and Economics at Boise State University provides an online Master of Science in Accountancy. Instructors within this program equip graduate students with the depth of knowledge in accounting, business development, and financial analysis. Students will learn what they need to take the CPA exam and take charge of their careers. An online master’s degree in accounting provides a deep dive into accounting realities from experienced faculty utilizing projects and case studies. Students will boost their analytical and critical thinking skills as they prepare to become leaders in their field. The MSA is a 100% online program that can be completed in as few as one year if enrolled full-time. Students enrolled on a part-time basis will graduate in 22 months. Currently, students can choose between a graduate certificate in Accounting Foundations, an accelerated graduate degree (Master of Science in Accountancy), or an expanded graduate degree for individuals with non-accounting backgrounds (Master of Science in Accountancy, Foundations Program).
University of Massachusetts LowellRobert J. Manning School of BusinessLowell, MA
An online Master of Science in Accounting is currently available at the Robert J. Manning School of Business at the University of Massachusetts Lowell. Graduates of this stellar program will be prepared for higher-level accounting roles in public, nonprofit, corporate, business, and government environments. The graduate-level program is available to distance learners entirely online, with areas of concentration in Business Analytics, International Business, and Corporate Leadership Accounting. Qualified candidates will meet the licensing requirements to become full-fledged Certified Public Accountants (CPAs). Robert J. Manning School of Business’ program is one of a select few in the nation to be recognized by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA). Graduate students pursuing this degree are involved in one of the most attractively priced and respected graduate programs in the country. A tuition rate of less than $20,000 accompanies this degree from the University of Massachusetts Lowell.
A master’s education in accounting is an excellent idea as it can be the boost a professional needs to acquire a higher-level position in banking, insurance, taxation, or any organization that features a financial division. Graduate students gain incredible analytical skills, deepen their knowledge of accounting principles, and are exposed to the latest technologies. This degree can also be an essential step toward getting certified as a public accountant.
Now is a great time to get an Online Master’s in Accounting and learn about this surprisingly diverse profession. Modern accountants do much more than balance the books and count money. Many accountants help solve white-collar crimes. Some are vital players in U.S. healthcare reform. The United States Federal Bureau of Investigation employs accountants by the thousands. Accountants become Chief Financial Officers of Fortune 500 companies, international merger and acquisition experts, and comptrollers. Accountants are business owners who require the sharp and well-rounded book-keeping skills learned from seasoned faculty. They also hold positions as instructors at nearly every university and college in the nation.
At their core, accountants are critical thinkers, excellent communicators, and problem-solvers who exercise their objectivity, methodology, and resourcefulness on a daily basis. One thing all accountants have in common is the understanding that an advanced accounting education, including the Online Master’s in Accounting, provides a needed edge in this not-so-conventional career.
What does an Online Master’s in Accounting offer?
Master’s degrees in accounting delivered through a distance learning format are designed for working professionals looking to get ahead as a financial analyst, public accountant, fraud examiner, corporate accountant, auditor, and so much more. These degrees can be the boost workers need to a higher-level position in banking, insurance, taxation, or virtually any institution with a financial division. An advanced accounting degree teaches graduate students how to shape and use analytical abilities, deepen their understanding of accounting principles, and use the latest technologies that the business world has to offer.
An Online Master’s in Accounting is an essential step toward fulfilling the requirements need to qualify for certification as a public accountant (CPA). The CPA examination is the most well-known designation within the accounting profession. While preparing for and taking the CPA exam is an intense experience, it is well worth the level of time and investment it requires. After passing the CPA exam, accountants are free to file reports to the Securities and Exchange Commission, making them even more marketable to potential employers. There is absolutely no downside to pursuing an Online Master’s in Accounting. Graduates with this program under their belt are attractive as new hires as they enter a job position ready to roll up their sleeves and get to work.
What jobs will an Online Master’s in Accounting prepare students for?
Committing to a career destination is a milestone decision in a person’s life. Graduate students want to be sure their investment in an advanced degree is worth the energy, time, and resources that it takes to go through the challenging process. While gut instinct and intuition are some of our most reliable advisors, it is also crucial to assess the potential salary of a particular field and have working knowledge of professional goals to see if a profession has the bandwidth to deliver satisfaction. Seeking advisement from those currently working in the world of accounting can be helpful when trying to grasp if accounting suits a student’s personality and life plan. There are many professional directions one can take with an accounting degree besides accounting. Many careers also require daily use of accounting-specific principles, procedures, and processes.
Graduate students who pursue a degree like the Online Master’s in Accounting will often go on to get hired as internal and external auditors, management accountants, IT auditors, government accountants, and middle and senior managers.
The Online Master’s in Accounting can help workers succeed in higher-level accounting and financial management roles. Besides the core accounting and statistics content, this degree contains content that helps prepare students to interact effectively with coworkers, customers, and executive management. This comprehensive program is designed to deepen a graduate student’s knowledge and skills in a range of essential business areas, such as applications of financial regulations in business, accounting principles and practices, cost analysis for informed decision-making, professional auditing methods, and quantitative analysis, and individual and corporate tax preparation.
Online Master’s in Accounting programs are the ideal choice for recent undergraduates interested in learning from professions in the field as they begin building their careers. Career-changers ready to start something new and begin in a new field will also find this degree helpful. Some of the nation’s best programs require no previous accounting education and feature leveling courses for non-business and accounting majors.
What is the Difference between a CMA and a CPA?
An Online Master’s in Accounting will prepare students for various certification exams. Taking the tests necessary for specific specializations gives graduate students seeking employment a substantial advantage and brings a large amount of credibility to a job candidate.
Many public accounting firms will happily invest in review courses for employees they see great potential in. The Certified Public Accountant (CPA) exam remains to be the industry standard for those interested in pursuing a career in public accounting. To sit for this exam, most states require an average of 150 hours of coursework. That amount of learning equates to five years of school. Attaining an Online Master’s in Accounting can reduce the supervised work requirement by sometimes up to two years, enabling students to become certified sooner.
A large segment of the accounting discipline is managerial accounting. Managerial accountants collect, analyze, and process information to influence strategic planning, goal setting, and directing an organization’s resources. Candidates interested in taking the Certified Management Accountant (CMA) exam available through the Institute of Management Accountants are required to satisfy several requirements, including an undergraduate degree from an accredited program and at least two years of professional experience. According to the IMA website, the exam takes a comprehensive approach to a number of topics, including financial performance, reporting, planning, and financial decision making.
Other certifications graduate students in accounting will want to become familiar with include the Certified Internal Auditor, Certified Financial Services Auditor, Certified Information Systems Auditor, and Certified Fraud Examiner. An Online Master’s in Accounting helps students meet the credit requirements for these exams and familiarizes them with the material on these rigorous exams. None of these tests are mandatory, but they go a long way in legitimizing one’s level of dedication to the trade. They offer benefits many can’t enjoy with just an undergraduate degree.
Certified Public Accountants are accountants that have passed the official CPA exam. According to the American Institute of Certified Public Accountants, they have also proven to have met the minimum professionals and education experience. Professionals can find jobs in accounting without ever becoming a CPA, but the industry standard designates trust and quality, according to the group.
As one can see, the Online Master’s in Accounting is the right choice for anyone looking to advance in this exciting career.