Best Online Master's Degrees in Accounting
An online master's degree in accounting focuses on financial reporting, auditing, and taxation, helping to improve analytical skills and deepen industry knowledge. These online graduate programs are designed to help you balance studies with personal or professional commitments while improving career prospects in the accounting field.
Key Takeaways:
- The University of Connecticut hosts a master's degree in accounting online that results in a median graduate earning of $94,814, making the top of our list.
- The University of North Carolina at Chapel Hill has the highest graduation rate of 91%.
- The University of Hartford offers one of the lowest student-to-faculty ratio of 8:1.
In our methodology, we evaluate online programs based on alumni salaries to help prospective students choose financially beneficial degrees. Each program receives a Salary Score with a letter grade that compares similar programs nationally. We also highlight programs with high online enrollment to show some of the most popular options.
Best Online Master's Degrees in Accounting
| Rank | School | Salary Score | Median Earnings | A | $94,814 | 1,367 | $49,500 | |
|---|---|---|---|---|---|---|---|---|
| Golden Gate University | A | $92,348 | 661 | $37,500 | ||||
| Seton Hall University | A | $91,727 | 1,075 | A | $91,394 | 2,798 | $12,750 | |
| St. John's University | A | $91,107 | 768 | $51,975 | ||||
| University of Illinois Urbana - Champaign | A | $91,092 | 9,257 | $18,666 | ||||
| DePaul University | A- | $89,196 | 2,517 | $54,832 | ||||
| Pace University | A- | $89,007 | 849 | $23,400 | ||||
| Fairleigh Dickinson University | A- | $88,337 | 697 | $33,360 |
Best Online Master's Degrees in Accounting - Program Details
#1
- Salary Score: A
- Median Earnings: $94,814
- Online Enrollment: 1,367 enrolled
- Annual Tuition: $49,500
Online degree:
Why we like them: UConn ranks first with its online master's degree in accounting, showcasing an impressive earnings median of $94,814. This places graduates in the top 7% for post-graduate earnings potential in this field on a national scale. The fully online and AACSB-accredited program features a 30-credit curriculum focused on current accounting issues. Students benefit from a flexible array of electives, allowing them to customize their education. UConn supports multiple application periods throughout the fall, spring, and summer years and offers a GMAT waiver option for qualified candidates.
#2
- Salary Score: A
- Median Earnings: $92,348
- Online Enrollment: 661 enrolled
- Annual Tuition: $37,500
Online degree:
Why we like them: GGU ranks second for its master's degree in accounting online, boasting a remarkable median salary of $92,348, placing it in the top 11% for earning potential among similar institutions. The online Master of Science in Accounting Data & Analytics requires 30 units with no GMAT or GRE for admission. This program offers CPA Applied Accounting, Advanced Analytics for Accountants, Essentials of Leadership, and Taxation concentrations. Students gain practical skills emphasizing technology and business automation while preparing for the CPA exam, enhancing their data-driven decision-making capabilities.
#3
- Salary Score: A
- Median Earnings: $91,727
- Online Enrollment: 1,075 enrolled
- Annual Tuition: $36,110
Online degree:
Why we like them: SHU boasts a median salary of $91,727 for graduates of the accounting master's degree online, ranking it in the top 13% of institutions. The Master of Science in Accounting offers a 30-credit curriculum designed for students without an accounting undergraduate degree, preparing them for certifications like CPA, CMA, and CIA. The program's asynchronous delivery allows flexibility, enabling completion in 12 to 24 months while emphasizing ethical practices within the learning experience.
#4
- Salary Score: A
- Median Earnings: $91,583
- Online Enrollment: 215 enrolled
- Annual Tuition: $36,336
Online degree:
Why we like them: SU offers a solid financial return for its accounting graduates, with median earnings of $91,583, placing them in the top 13% of earners. The inline MBA in Accounting program allows students to complete their degrees online in just 21 months, accommodating the needs of working professionals. This accredited program requires 36 credits and features concentrations that provide real-world problem-solving opportunities. With a 91% recommendation rate, the university demonstrates its commitment to student success and satisfaction, supported by a vast alum network for career development.
#5
- Salary Score: A
- Median Earnings: $91,394
- Online Enrollment: 2,798 enrolled
- Annual Tuition: $12,750
Online degree:
Why we like them: UMass Amherst produces accounting alums with median earnings of approximately $91,394, which positions graduates in the top 13% globally for earnings potential. The Isenberg School of Management's MS in Accounting demonstrates a solid commitment to student success, backed by its AACSB International accreditation. The program offers two tracks, Professional and Transitions, and proudly maintains a 98% career placement rate, closely aligning with industry needs. Additionally, UMass Amherst is a popular choice. The university reports around 2,798 online learners, placing it in the top 9% for online enrollment globally.
#6
- Salary Score: A
- Median Earnings: $91,107
- Online Enrollment: 768 enrolled
- Annual Tuition: $51,975
Online degree:
Why we like them: SJU ranks among top institutions with median earnings of $91,107 among graduated with an accounting master's. This places them in the top 14% for salary outcomes, which is an A-grade Salary Score. The Master of Science in Accounting prepares graduates for the CPA exam while meeting New York State licensure requirements. Available online and at the Queens campus, the program includes courses like Financial Reporting, Business Tax Planning, and Auditing, ensuring graduates are well-equipped for successful careers.
#7
- Salary Score: A
- Median Earnings: $91,092
- Online Enrollment: 9,257 enrolled
- Annual Tuition: $18,666
Online degree:
Why we like them: UIUC offers an exceptional earning potential with a median salary of $91,092 for accounting graduates, ranking it among the top 14% of institutions. The online Master of Accounting allows students to complete the degree in 18 to 60 months without any GMAT/GRE requirements. This curriculum integrates data analytics and prepares students for the CPA exam, backed by top-ranked faculty and a strong alumni network. We also like that UIUC is a popular choice, as the university supports over 9,000 online graduate students, placing it in the top 2% nationally.
#8
- Salary Score: A-
- Median Earnings: $89,196
- Online Enrollment: 2,517 enrolled
- Annual Tuition: $54,832
Online degree:
Why we like them: DU offers a Master of Science in Taxation that has graduates with a median salary of $89,196, placing it in the top 19% for earnings among peers. Completion timeframes vary, supporting both part- and full-time study schedules ranging from one to three years, depending on professional commitments. The program comprises eight core courses supplemented by five elective courses focused on tax issues, offering a sophisticated understanding of tax statutes and regulations. This online degree emphasizes practical learning through small class sizes, recorded lectures, and virtual interaction with instructors, ensuring an interactive learning climate.
#9
- Salary Score: A-
- Median Earnings: $89,007
- Online Enrollment: 849 enrolled
- Annual Tuition: $23,400
Online degree:
Why we like them: Pace excels in online education, particularly with its master's degree in accounting. It boasts a competitive A- Salary Score with median earnings of $89,007, placing it in the top 19% for earning potential among peers. The university ranks in the top 29% for online enrollment, showcasing its broad reach and accessibility. The program features a flexible curriculum designed for seasoned professionals and accounting newcomers. Its dual accreditation by AACSB reinforces its industry relevance, enhanced CPA exam prep, and valuable networking opportunities within NYC's financial sector.
#10
- Salary Score: A-
- Median Earnings: $88,337
- Online Enrollment: 697 enrolled
- Annual Tuition: $33,360
Online degree:
Why we like them: FDU's online Master of Science in Taxation provides flexibility for working professionals and aims to enhance their earning potential. Graduates of this degree, ranked at the 79th percentile for median earnings, are well-prepared for financial success with median earnings over $88,000 per year. The curriculum includes seven core and elective courses that emphasize practical application and technical expertise, and it meets the CPA educational requirements for professionals in New Jersey. FDU's program focuses uniquely on taxation, distinguishing it from traditional MBA tracks.
#11
- Salary Score: A-
- Median Earnings: $88,160
- Online Enrollment: 1,930 enrolled
- Annual Tuition: $58,350
Online degree:
Why we like them: SU offers a Master of Science in Professional Accounting designed for aspiring accounting professionals seeking advanced expertise in data analytics and specialized skills. Graduates benefit from a strong earnings potential, with a median salary of $88,160, positioning SU in the top 22% of reviewed programs. The flexible coursework allows completion in 12 to 24 months, accommodating various educational backgrounds. The program prepares students for the CPA examination. It offers opportunities for dual degrees, including an MBA, while providing excellent career services and a global alum network to support professional growth.
#12
- Salary Score: A-
- Median Earnings: $88,128
- Online Enrollment: 1,880 enrolled
- Annual Tuition: $30,819
Online degree:
Why we like them: UNC's Master of Accounting boasts strong earning potential, with graduates earning a median salary of $88,128, placing it in the top 22% for earnings. The online program offers flexibility, requires 34 to 48 credits, has no prior test score requirements, and welcomes diverse learners. The curriculum includes face-to-face classes and a leadership immersion experience in Chapel Hill to enhance collaboration. With a graduation rate of 91% and a retention rate of 96%, UNC proves that students receive solid support. Plus, it has a 98% recommendation rate.
#13
- Salary Score: A-
- Median Earnings: $87,966
- Online Enrollment: 965 enrolled
- Annual Tuition: $25,890
Online degree:
Why we like them: UHart offers a Master of Science in Accounting and Taxation entirely online, providing flexibility for working professionals. With a median salary of $87,966, graduates place in the top 22% for salary outcomes, highlighting career potential. The program comprises 30 credits, featuring two tracks: Financial and Assurance Services and Taxation. Courses are organized in seven-week blocks, allowing full-time students to complete the degree in under a year. The AACSB-accredited program prepares graduates for the CPA and CMA exams through a practical, industry-focused curriculum.
#14
- Salary Score: A-
- Median Earnings: $87,566
- Online Enrollment: 2,904 enrolled
- Annual Tuition: $18,570
Online degree:
Why we like them: FIU offers a Master of Accounting that showcases strong earning potential, with graduates achieving median salaries of $87,566, placing it in the top 24% of similar programs. It features a cohort-based format, specializations in taxation and assurance, and access to the Becker CPA Course for adequate exam preparation. With a commitment to student success, FIU provides valuable career resources to enhance professional development in the competitive job market. The school also excels in online engagement, ranking in the top 9% for online enrollment, making it an excellent choice for remote learners.
#15
- Salary Score: A-
- Median Earnings: $86,899
- Online Enrollment: 742 enrolled
- Annual Tuition: $27,861
Online degree:
Why we like them: LSU offers an online MBA with an Accounting Specialization that prepares students for various accounting, financial management, and general management roles. The program ranks 15th for earnings and offers a median salary of $86,899, which places it among the top 26% of schools nationwide. The AACSB-accredited program includes 33 credits and can be completed in as few as 14-16 months, emphasizing practical applications through courses on ERP systems and financial security. With multiple start dates available, enrollment is flexible for working professionals seeking career advancement.
#16
- Salary Score: B+
- Median Earnings: $85,792
- Online Enrollment: 226 enrolled
- Annual Tuition: $18,200
Online degree:
Why we like them: WNEU offers an online MBA in accounting program with impressive earning potential, boasting median graduate earnings of $85,792. Even at #16 on our list, this is a B+ Salary Score. The program is entirely online, catering to flexible enrollment options with full-time completion in one year or part-time in under two years. Students can choose a General Business track or Accounting, Business Law, and Leadership concentrations. The curriculum emphasizes practical skills such as team building and strategic thinking, ensuring graduates are well-prepared for dynamic business environments.
#17
- Salary Score: B+
- Median Earnings: $84,960
- Online Enrollment: 2,007 enrolled
- Annual Tuition: $30,000
Online degree:
Why we like them: AU's online Master of Accountancy has a median salary of $84,960 among its graduates, placing it among the top third of similar programs nationwide. Accredited by AACSB, it offers two completion options tailored to different student backgrounds, including a 30-semester hour traditional track for those with an accounting degree and up to 42-semester hours for students with a degree in another discipline. This program is designed for working professionals, allowing part-time completion in two years or a full-time option in as little as 12 months.
#18
- Salary Score: B
- Median Earnings: $83,815
- Online Enrollment: 1,960 enrolled
- Annual Tuition: $18,000
Online degree:
Why we like them: FAU offers an online Master of Taxation that prepares students for lucrative careers, with a salary median of $83,815, placing graduates in the top 37% for earnings. FAU's AACSB-accredited curriculum develops vital tax competencies and supports paths to CPA certification. The cohort model fosters collaboration and allows students to balance professional commitments while mastering essential skills needed for tax careers. Graduates emerge ready to tackle the demands of the industry.
#19
- Salary Score: B
- Median Earnings: $83,562
- Online Enrollment: 3,589 enrolled
- Annual Tuition: $29,790
Online degree:
Why we like them: GMU ranks due to its impressive earnings median of $83,562 for the MS in Accounting at GMU's Costello College of Business. It addresses Virginia’s 150-credit CPA licensure requirement, emphasizing advanced analytical and interpersonal skills. The curriculum delves into financial, audit, and tax accounting, with opportunities for internships that may lead to employment. Learners can specialize through certificates in areas like forensic or government accounting. The program incorporates a Global Residency, providing an international perspective on accounting issues, and is offered fully online or on-campus.
#20
- Salary Score: B
- Median Earnings: $82,257
- Online Enrollment: 1,851 enrolled
- Annual Tuition: $11,805
Online degree:
Why we like them: With median earnings at $82,257, Memphis' Master of Science in Accounting is designed to equip you with advanced skills for leadership in public, corporate, and government accounting. This fully online program consists of ten courses, which can be completed in just 12 months. It prepares you for professional certifications such as CPA, CIA®, and CMA®. Core focuses include auditing, taxation, compliance, and risk management. The program is tailored to help you meet the demands of an evolving regulatory environment, and it's ideal for advancing in senior-level accounting or management roles.
#21
- Salary Score: B-
- Median Earnings: $81,321
- Online Enrollment: 1,288 enrolled
- Annual Tuition: $13,773
Online degree:
Why we like them: NIU offers an online MAC program catering to those with bachelor's degrees in non-accounting fields. Graduates earn a competitive median salary of $81,321, placing NIU among the top 53% of its peers. The program features a 33-credit curriculum delivered 100% online, allowing part-time study at your convenience. AACSB accreditation ensures alignment with professional accounting standards and prepares graduates for the CPA exam in Illinois. With a high online enrollment rate, NIU demonstrates effective digital Education integration, making it a solid choice for aspiring accountants.
#22
- Salary Score: B-
- Median Earnings: $81,227
- Online Enrollment: 2,756 enrolled
- Annual Tuition: $21,000
Online degree:
Why we like them: UM excels in salary outcomes, with accounting graduates earning a median of $81,227. The online MS in Accountancy program, offered by the AACSB-accredited Trulaske College of Business, prepares students for the CPA examination and various accounting roles. The program covers advanced accounting topics and boasts a 95% job placement rate and above-average CPA exam pass rates, emphasizing practical skills and career readiness. UM also ranks in the top 9% for online education, highlighting its adaptability for distance learners.
#23
- Salary Score: B-
- Median Earnings: $80,131
- Online Enrollment: 708 enrolled
- Annual Tuition: $29,280
Online degree:
Why we like them: The Master of Science in Accounting at Regis is designed to advance your career in the field. It supports CPA licensure requirements and is taught by experienced accounting professionals. The program is delivered entirely online, with flexible eight-week terms allowing completion in 12 to 24 months. Students can specialize in areas such as fraud/forensic auditing, IT accounting, financial accounting, and managerial accounting. Regular course starts throughout the year and continuing updates to align with the latest industry standards ensure students gain relevant skills and knowledge.
#24
- Salary Score: B-
- Median Earnings: $79,823
- Online Enrollment: 432 enrolled
- Annual Tuition: $11,630
Online degree:
Why we like them: Scranton offers an online MAcc program for flexibility and professional growth. Graduates earn a median annual salary of $79,823, underscoring the program's effectiveness in preparing students for success in accounting roles. The curriculum consists of 30 credits and includes essential courses like Financial Management, Auditing, and Accounting Ethics, which students can complete in 18 months. This program offers a bridge option for those with non-accounting backgrounds and prepares students for CPA exam readiness by providing access to Wiley CPAexcel.
#25
- Salary Score: B-
- Median Earnings: $79,820
- Online Enrollment: 870 enrolled
- Annual Tuition: $13,290
Online degree:
Why we like them: WIU showcases an enticing earning potential for graduates, with median earnings reaching $79,820, placing it at the 47th percentile with a B- Salary Score. This substantial figure highlights the value of a degree from WIU. The online MBA offers various concentrations, including Accounting, where courses like Financial Analysis, Advanced Management Accounting, and Issues in International Accounting equip students with essential skills for diverse accounting careers. With an 89% recommendation rate, WIU attracts many prospective students seeking an impactful online Education tailored to their career goals.
#26
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 45,783 enrolled
- Annual Tuition: $10,170
Online degree:
Why we like them: Liberty's MBA in Accounting is an online program designed for aspiring business leaders with a focus on accounting expertise. The program is 100% online, featuring 8-week courses and allowing up to 50% of the degree to be completed via transfer credits. Students will undergo 45 credit hours of coursework, covering essential business management areas and specialized accounting topics like tax preparation, auditing, and accounting information systems. In addition, the curriculum emphasizes ethical management and integrates faith with professional training.
#27
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 44,128 enrolled
- Annual Tuition: $9,510
Online degree:
Why we like them: WGU offers an entirely online Master of Accounting program designed to prepare you for the CPA and CMA exams. It includes 10-11 courses and presents four specialization tracks: Financial Reporting, Taxation, Management Accounting, and Auditing. The program supports career advancement through a flexible, competency-based structure, enabling completion at your own pace. It is aligned with the 150-semester-hour CPA exam eligibility requirements and includes free access to UWorld CPA Review. The curriculum addresses data analytics and ethics.
#28
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 22,314 enrolled
- Annual Tuition: $19,110
Online degree:
Why we like them: SNHU offers an online MBA in Accounting that comprises ten courses spanning 10 weeks each, emphasizing financial and management principles. Accredited by the New England Commission of Higher Education, it integrates core MBA courses with specialized accounting subjects such as Cost Accounting and Financial Reporting. The curriculum equips learners with useful skills in data analysis, organizational strategies, and ethical practices, preparing graduates for leadership roles across various industries in today's competitive job market.
#29
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 11,615 enrolled
- Annual Tuition: $11,582
Online degree:
Why we like them: Purdue Global is distinguished by its remarkable online enrollment, where over 11,615 students participate in online programs, positioning the school in the top 2% of online schools nationwide. The Master of Science in Accounting is a fully online program accredited by the ACBSP. It encompasses 52 quarter credits spread over 13 courses, focusing on financial reporting, advanced auditing, and managerial accounting. Designed to be completed in 1.5 years, the program prepares you for accounting certification exams, including CPA, CIA, and CMA, with the necessary academic degree to meet CPA exam standards, varying by state.
#30
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 9,462 enrolled
- Annual Tuition: $8,190
Online degree:
Why we like them: APUS hosts an online Master of Science in Accounting program that provides 36 credit hours, equipping students with advanced accounting skills applicable to various sectors, including business and government. Focusing on CPA preparation, students participate in simulations and labs that enhance their learning experience, culminating in a research-based thesis. Courses start monthly and last between 8 to 16 weeks, offering flexible options for aspiring accountants and ensuring intense student satisfaction and educational commitment.
#31
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 7,734 enrolled
- Annual Tuition: $26,280
Online degree:
Why we like them: UMG features an online MBA in Accounting that prepares working professionals for advanced roles like certified public accountant or financial analyst. This fully online program requires 36 credits and features core financial reporting, data analysis, strategic management courses, and accounting emphasis courses, including Contemporary Issues in Accounting and Accounting Ethics. Accredited by WSCUC, UMG offers affordable tuition at $730 per credit, providing flexibility and opportunities for professional growth.
#32
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 6,967 enrolled
- Annual Tuition: $13,140
Online degree:
Why we like them: LU’s online enrollment is noteworthy, placing it among the top 3% of schools with significant engagement in remote learning. The Master of Business Administration in Accounting at LU is designed to enhance leadership skills. Accredited by AACSB International, this program offers MBA coursework paired with focused corporate accounting knowledge, financial reporting, risk analysis, and more. Students fulfill 30 credit hours over a period as short as 12 months. Focused on both internal and external financial reporting, it prepares graduates for senior roles like CFO, financial analyst, and audit director.
#33
- Salary Score: N/A
- Median Earnings: N/A
- Online Enrollment: 6,793 enrolled
- Annual Tuition: $18,398
Online degree:
Why we like them: NU's Master of Accounting has a 4-week course structure, and it allows for accelerated learning and year-round enrollment. Its curriculum aligns with CPA and CMA exam requirements, covering GAAP, financial reporting, and data analytics. Students gain hands-on experience through supervised internships with licensed CPAs, bridging the gap between theoretical knowledge and industry application. We believe this approach prepares graduates for success in accounting roles.
What Is a Master's in Accounting Degree?
Earning a master's degree in accounting helps you prepare for higher levels of responsibility in the field by providing you with advanced knowledge of the discipline. Accounting master’s degrees can go by various names, but the two most common are Master of Accountancy (MAcc) and Master of Science in Accounting (MSA).
Most master's in accounting degrees take between one and two years, depending on whether you're a full-time or part-time student as you complete the required 30-40 credit hours. Much of the coursework covers intermediate and advanced accounting practices, building on the foundational information provided in a bachelor’s program. Additional topics include taxation, financial reporting, fraud examination, auditing, international accounting, and ethics in financial management.
You can earn a master’s of accounting online or on campus. If you opt for distance learning, your online program will probably be made up of primarily asynchronous classes, which means they have no set meeting times. You can sign in on your own schedule to access course materials and complete assignments.
Some master's degree programs, however, may have some synchronous elements, such as a live class discussion. Naturally, you'll complete any internship or work experience requirements in person.
When researching online accounting degrees, it's important to consider only those schools that have been accredited — like all of the schools on our list of the best online master's degrees in accounting. Accreditation is a sign that the school has passed an independent quality review. Enrollment in an accredited program is required for eligibility for financial aid, and it may be required for you to sit for certification exams in your state.
You may also want to select an online accounting master's program that has earned programmatic accreditation from the Accreditation Council for Business Schools and Programs () or the Association to Advance Collegiate Schools of Business ().
Degree Requirements
For master's degree consideration, you need to have an undergraduate degree from an accredited college with a minimum GPA of 3.0. If you haven't already earned a bachelor's in accounting or an accelerated bachelor's in accounting, admissions officers may ask you to complete prerequisite courses in accounting, economics, or statistics before starting your master’s program.
You’ll need to submit your program application about six to nine months before your desired start date. Among the items that schools may ask you to include with an application are official transcripts from your undergraduate institution and any other colleges where you've taken courses, letters of recommendation from professors familiar with your school work, a personal essay about your accounting career goals, and your professional resume. Some of the more competitive schools may also require GRE or GMAT scores.
Courses
Accounting master's programs often have similar curricula in order to meet the educational standards approved by the U.S. Department of Education. Although the core courses may have different names at different schools, the learning outcomes tend to be the same. Some schools may also include an optional or required internship for students without previous accounting work experience.
Accounting Ethics
Accountants perform an important ethical role by helping institutions honestly record and report their finances. This course thoroughly covers the Code of Professional Conduct of the American Institute of Certified Public Accountants (AICPA), with professors noting where ethical imperatives exceed the letter of the law.
Intermediate Accounting
Enrollees examine current laws, regulations, and general accounting principles that go beyond the fundamentals. Professors typically lecture on cash-flow statements, disclosure, the time value of money, and intangible assets and liabilities.
Managerial Accounting
This class discusses how leaders use accountants' work to inform their decision-making in business, government, and nonprofit organizations. Students may learn reporting and visualization, business communication, budgeting, and strategic financial planning.
Research and Communication
Course faculty teach students how to find accounting data and present their findings to stakeholders. Enrollees often have to complete several small research products in which they seek transaction patterns, fraudulent entries, or sections of tax code that are relevant to particular problems.
Technology and Data Analytics
The aim of this class is to keep learners on the cutting edge of accounting technology. Topics may include automation, cloud networks, quantum computing, and machine learning.
Accounting Specializations
It's common for accounting master's programs to let you specialize in a particular branch of accounting. You'll use your choice of elective courses to help improve your competencies in the concentration. As an accounting graduate, a specialization may also give you a competitive edge when you're job hunting. Some of the most popular concentrations you can find in accounting master's programs include:
- Auditing specialists review the accounting of outside employers. They take courses in financial reporting and disclosure, fraud prevention, and ethics.
- Business analytics, sometimes called "business intelligence," means using data to analyze trends in variables such as profits and spending. Courses in this specialization often cover data collection, predictive analytics, and visualization.
- Forensic accounting uses accounting techniques to investigate crimes. In their courses, students learn to identify red flags in financial statements, perform digital prevention and detection techniques, and interview fraud suspects.
- Taxation knowledge can be useful for all varieties of accountants, making this a potentially versatile concentration. Coursework includes lessons on tax law, corporate tax strategy, flow-through entities, and tax research.
What Can You Do With a Master's in Accounting Degree?
With a master's in accounting degree, you will probably go to work in one of the :
- Public accountants often work with clients on a contractual consulting basis and may work for a dedicated accounting firm, such as Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG.
- Private accountants perform accounting services for just one company or business.
- Government accountants, including state auditors, work for government agencies.
- Educational accountants conduct research and teach students to become accountants.
However, there are opportunities for additional education and other related career paths.
Further Education
While many accountants build rewarding and lucrative careers on bachelor's and master's degrees in accounting, you may be interested in pursuing even more advanced education:
Doctorate in Accounting
Some employers may require their senior accounting executives to hold doctorates. However, graduates who earn an accounting doctorate usually become college professors or researchers. Because of the intense study and research necessary for a doctorate, those with the degree often serve as legal witnesses in cases of accounting malpractice and securities fraud. They may also work as consultants for the government or on criminal cases that need forensic accountants.
Accounting Certificates
After completing an online master's degree in accounting, you may want to pursue additional education on very specific topics, such as auditing or financial management. If so, post-graduate certificates may be the perfect choice for you. Most accredited certificate programs, which are available online and on campus, require anywhere from eight to 16 credits. You may be able to earn a certificate in a year or less.
Potential Careers
Once you've earned an online master's in accounting, you can pursue accounting positions in a wide range of work environments as a generalist or specialist in specific functions, such as auditing or tax accounting. You may find employment in a large corporation or financial institution, go to work in one of the big accounting firms, or start your own business providing accounting services to individuals and small businesses
A master's degree may also allow you to branch out into other areas of business. Finance is perhaps the most likely field to move into as there are countless opportunities to pursue related occupations, such as a budget analyst, personal financial planner, or financial manager. However, if you would like to keep your business career options open, you may want to earn a master's in business administration (MBA) or perhaps an MBA specializing in accounting instead of focusing narrowly on accounting.
Accounting Certification
To enhance your accounting career, you may also want to pursue certification. Some certifications are required, while others are voluntary or simply preferred by employers. Certification demonstrates your commitment to professional development as well as your high level of skill in a particular aspect of accounting or finance.
One of the best known and most prestigious certifications is the (CPA) designation. CPA certification allows you to provide multiple types of high-level accounting and auditing services. CPA licensure requirements vary by state, but in general you'll need to complete 150 credit hours of accounting courses at an accredited university. Your master's degree provides the extra 30 credit hours beyond the 120 earned in your bachelor's program, which is why most students who intend to become CPAs earn accounting master's degrees. You'll then need to pass the CPA exam.
Want more specifics on what you can do with an advanced degree in accounting? Discover the possibilities in our .
Financing Your Master's Degree in Accounting
Cost is one of the most important factors in deciding whether to pursue a master's degree in accounting, but there are ways to minimize the expense. For example, graduate students enrolled in accredited online master's in accounting programs are eligible for . Simply submit the Free Application for Federal Student Aid (FAFSA), and you'll be notified if you qualify for any federal, state, or school-sponsored aid.
Of the various types of financial aid available, grants and scholarships are preferred because they generally don't have to be repaid. Your employer may also offer tuition reimbursement as part of your employee benefit package.
Of course, you can also take out a student loan, but the interest on the loan can add a substantial amount to the total cost of your accounting master's degree. Before accepting a loan, you may want to determine its full cost by using our student loan repayment calculator. Also keep in mind that private student loans often have higher interest rates and less flexible repayment plans than federal student loans.
Looking for the most cost effective online options? Discover the possibilities on our lists of the most affordable accounting bachelor's degrees and most affordable accounting master's degrees.
FAQs About Master's in Accounting Programs
How Much Is a Master's Degree in Accounting?
Using the NCES's calculation of per year for a graduate degree, we can estimate that a two-year master's in accounting will cost $39,498. However, costs vary widely by school. In general, public schools are the most affordable for in-state students. Next are for-profit private schools, with nonprofit private schools the most expensive.
How Long Is a Master's Degree in Accounting?
Designed for working adults, most online master's programs in accounting take approximately two years to complete. Some schools offer accelerated online master's degrees in accounting, which full-time students can complete in one year.
Is a Master's Degree in Accounting Worth It?
Earning a master's degree in any subject is a significant investment of time and money, so it's only natural to question whether the degree will be worth it. The answer is, in part, dependent on your personal goals and circumstances. If your goal is to become a CPA, a master's degree is essential. Additionally, data from the Bureau of Labor Statistics (BLS) indicates that the for master's degree holders is $1,574, as compared to a median of $1,334 for all bachelor's degree holders, which translates into $12,500 more per year.
Do You Need a Master's Degree To Be an Accountant?
No, you do not need a master's degree to be an accountant. Many graduates with bachelor's degrees in accounting establish solid careers in this field. However, earning a master's degree and becoming a CPA may allow you to increase your lifetime earnings potential. According to the BLS, the median annual salary for all is $77,250, but an accounting master's degree and certifications may enable you to earn an income that's significantly higher than the average accountant salary.
Bottom Line
Highly trained accountants will always be in demand, and those who develop advanced skills and possibly become CPAs are likely to land higher-paying positions in the field. You may end up working for a large corporation, an accounting firm, or as an independent consultant. Regardless of the specific path you choose, earning an on-campus or online accounting degree is an effective way to advance your career.
Student Reviews of Online Accounting Programs
My second degree from the college and I'm thinking of returning in the next year. Not sure what I want to do next. But the instructors where always understanding. During my mental health they approved my leave and checked on me at least a few times a month.
Review Date: 6/25/2025
Would Recommend: Yes
Helpful for Career: Yes
The financial aid department is incredibly slow at processing refunds due to slow integration systems. It always a process when it comes to anything that the school owes you. They have their hands in the pot too much and like to spoon-feed you your funding as opposed to other schools. My overages have been in my account for two days, Tuesday is a Holiday. Extensive technical problems, they are starting to care less and less about the student experience. Buyer beware!
Review Date: 6/30/2023
Would Recommend: No
Helpful for Career: No
Most instructors are enriching and always available. The studies are congruent with the business world. The glasses are interactive and the topics are relevant. The new testing surveillance is easy and fair to use. The academic advisers are easy to contact and always available.
Review Date: 6/20/2023
Would Recommend: Yes
Helpful for Career: No
Strayer is the best n u can learn a lot from easygoing professors who are the most amazing people and will help u to succeed. The teachers who on call and will go over a lot with you to make sure you have the right answer to the problem to solve and they take time to explain the curriculum
Review Date: 11/21/2019
Would Recommend: Yes
Helpful for Career: No
I'm a recent graduate of the online master's of accountancy program. I noticed several recent, poor reviews of ESU and thought I would chime in. I received a job offer from one of the Big 4 accounting firms as a result of my enrollment at ESU. I was recruited by one of their campus recruiters for an accounting job with a Big 4 firm, which is a highly desirable outcome for an accounting student. I paid less than $11,000 for the entire degree and I have the same salary and job as people who spent 3x... Read More
Review Date: 1/9/2022
Would Recommend: Yes
Helpful for Career: No
I have previously received my undergraduates from UMUC, and while the program could use some updating in terms of materials utilized in its courses overall my experience has been great. Communication between student-and-professor can be shoddy, albeit not to the fault of the university. The courses at UMUC require a lot of self-study and personal time management, lending most of the effort required to do well in your courses to you and not so much the professor or even the materials provided. That... Read More
Review Date: 2/19/2019
Would Recommend: Yes
Helpful for Career: Yes
The financial aid process is horrible. They do not know what they are doing. They keep students waiting forever to get the reward. After accepting the reward, they keep students waiting forever again for disbursement. On top of waiting, they keep sending the invoice to students demanded payment or will being dropped. When students call for the update, they run students around with all untruth information. School needs to have better financial aid teams who can be able to work efficiently and accurately.... Read More
Review Date: 11/22/2019
Would Recommend: No
Helpful for Career: No
While attending Keiser University Online Graduate School, I have met some amazing people. I have conversed with students, professors, advisors and guest speakers, who are teaching me the keys to submitting an APA formatted paper, networking and creating a tailored resume for the jobs I intend to apply for. I know my interactions with the Keiser staff are preparing for a successful career, which is why they have not given up on me and I will not give up on myself. My advisor and professors are very... Read More
Review Date: 6/13/2017
Would Recommend: Yes
Helpful for Career: Yes
The Master's of Public Accounting program at Strayer University is designed purposely with the sole intent of adequately preparing a candidate to successfully pass the CPA exams. The four major courses ( Business and Economic Environment, Auditing and Assurance, Regulations and Advance Financial Reporting) are the exact courses tested on the CPA exams and are taught proficiently by well-rounded, knowledgeable and experienced professionals. Furthermore, the institution provides the candidate with... Read More
Review Date: 1/22/2020
Would Recommend: Yes
Helpful for Career: No
I am writing this review because potential students need to be informed. I thought I found the perfect school to obtain my Master's in Accounting with Auditing. However, my issue isn't about that, my issue is about the evaluation of prerequisite courses. According to the program, if you have an undergraduate degree in Accounting, courses already taken will be waived. However, what they don't tell you is that these courses, especially the Individual Income Tax course, has to be taken within two years.... Read More
Review Date: 3/12/2018
Would Recommend: Yes
Helpful for Career: No
Ashord University is a great school for online students, and anyone thinking about taking online course. Each instructor I had was able to work with my military schedule, and helped me to understand my assignments. This school made me love online learning and I would rather do that than in the classroom.
Review Date: 10/18/2017
Would Recommend: Yes
Helpful for Career: No
After undergoing a career change, I have finally found my true passion in life. I previously earned a B.S. in environmental science in 2017, but shortly found out I wanted to pursue a career in accounting after taking an accounting course my senior towards my minor in economics. Clarion offers a wonderful program that allows students with a bachelors degree completely outside of accounting or business, to obtain a M.S. in accounting. This one year program is offered completely online and provides... Read More
Review Date: 3/14/2018
Would Recommend: Yes
Helpful for Career: No
University of Phoenix allowed me the freedom to work full-time while meeting my educational goals. The faculty are very supportive and provide quality education. I completed my Bachelors degree through University of Phoenix and am now working on my Masters of Science-Accounting degree. I Will complete the Masters program in January 2018. We Rise! Go Phoenix!!
Review Date: 11/7/2016
Would Recommend: Yes
Helpful for Career: Yes
SNHU advisors set you up for failure. The advisors and the school do not inform of you deadlines, requirements and expectations. The advisors go out of their way to prevent you from enrolling in classes. Advisor refuses to help students even after an issue he casued. I have had to put in requests for new advisors, to be talk to their supervisors and still do not get the help needed to be able to complete my degree. I am only 2-3 classes away from completing a Masters degree and SNHU is actively preventing... Read More
Review Date: 9/19/2018
Would Recommend: No
Helpful for Career: No
Loved the help and support I got from the faculty and staff alike. Classes were challenging and they made me study and push myself harder, hence appreciated the knowledge I got. My professors were knowledgeable and very approachable. No school will give you a degree just for existing, so you need to actually do the work. While the journey might be hard, the destination is worthy!
Review Date: 3/17/2023
Would Recommend: Yes
Helpful for Career: No
I am attending UMUC to earn my Master's degree in accounting and financial management. I attend UMUC exclusively online which allows me to work full time and balance my family of six at home! The flexibility of being able to "attend" class during my free time is priceless. The education I am receiving is also invaluable. After only a few graduate courses I am already able to use the information learned in real world settings. Another take-away value for the online learning at UMUC is there are no... Read More
Review Date: 3/2/2017
Would Recommend: Yes
Helpful for Career: No
SNHU and their team of online professors are exemplary. Between the online tutoring provided, your academic advisor, and your professors as resources, you have all the help you need to achieve your goals at your fingertips! There are so many opportunities to meet and exceed your educational goals at SNHU.
Review Date: 1/23/2018
Would Recommend: Yes
Helpful for Career: No
As a mom and military spouse, the online program at The University of Scranton has been a blessing. The courses are structured in a way that is easy to follow and the online program is no different from the campus program. The instructors are real-world professionals who bring current news into the classroom to teach us how to deal with real situations and to improve critical thinking. While I'm still attending, the classes I have completed are already helping me to advance in my career and preparing... Read More
Review Date: 2/12/2017
Would Recommend: Yes
Helpful for Career: No
I graduated in 2018 and found the quality of the education that I received to be on par if not better than undergraduate degree I received from a traditional brick and mortar University. The professors were all really knowledgeable and willing to help their students succeed, and the course curriculum was challenging and applicable to real world issues. You will be required to do a lot of writing, but that should be expected for any college level program.
Review Date: 9/3/2019
Would Recommend: Yes
Helpful for Career: Yes
overall quality is ok however it has a very inefficient Financial Aid department. I spent over a month of back and forth emails with no results. Few people telling me different things. Upset and frustrated. Too bad they do not have live classes like National University where I got my undergrad
Review Date: 2/6/2017
Would Recommend: No
Helpful for Career: No
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