Master’s in Accounting Online

On this page
Back to top

If you are in the field of accounting and you would want to gain the competitive edge required to advance in today’s financial environments, and advance your career further, then an online master’s in accounting would be ideal for you. Also, to get into the field of public accounting and get a CPA done a masters in accounting online is a good degree to start with. A master’s degree in accounting is also needed if students want to get into the profession of education and academics. Also students would need to complete their accounting master’s program if they are looking to get into the field of research and enroll in a Ph.D. program. In this article, we would discuss the requirements to get into a master’s in accounting online, the types of master’s students can get into and the scope and opportunities this degree would bring to students. Also, we would discuss the career opportunities and expected salaries they may expect post-accounting masters’ programs. We would also discuss the affiliations that would help students survive in this industry and how to go about being members of those organizations. According to the US Bureau of labor statistics, top accounting executives earn around $107,680 per year and predicts an eight percent increase in the job outlook for accounting professionals in the years between 2020-30 which is better than average.   

Best Masters in Accounting
Online Programs

There are a host of online masters that have come off late.  And in the pandemic time, this has become the chosen way of containing studies or furthering your accounting career. Accounting graduate programs online have become quite the rage lately. Hence, we looked at a lot of criteria and came up with our best online accounting courses as below:*

Universities and programs are ranked by various factors, such as affordability, curriculum and coursework, reputation and availability, program length, statistics, the potential of employment, and return on investment for the students. For a more in-depth analysis, please read about our rankings methodology page

Find Masters in Accounting Online
Programs Near Me

If you are looking at the best online master’s in accounting programs near you, you are in luck, below is a list of Accounting programs near your location:

What to expect from the Masters in
Accounting Online Program?

Types of Masters in Accounting
Online Programs

MBA Vs Masters in
Accounting?

Though a master’s in accounting and an MBA in accounting are two advanced degrees in the world of accounting there are a few differences between the two. The biggest difference between an MBA vs a master’s in accounting is the scope of the curriculum. We discuss them in detail below:

Apart from these specializations, some colleges allow students to opt for other specializations or specialization courses. These can be used independently to obtain a certificate or applied to the elective requirement of the masters in sport management program. Example include:

  • MBA focuses on the breadth of skills that can be applied to a large variety of management scenarios and business challenges. Students will take classes in marketing, finance, operations, and management.
  • M.S. in Accounting develops deep expertise in the field of accounting, giving students the specialized skills needed in areas like taxation, data mining and auditing, forensic accounting, and organizational risk management.

Areas of Specialization for Masters
in Accounting Online

Why pursue a Masters in
Accounting Online?

Master’s in accounting programs can open opportunities to a well-paying job, stable career paths in areas like financial accounting, public accounting, forensic accounting, and auditing. Many compliances requirements mandate a master’s degree for an accounts job also, employers prefer candidates with master’s degrees. Therefore, it could be said that it would be rewarding to get a master’s degree in accounting.

Students would generally pursue a master’s in accounting in two scenarios, firstly, if they have completed a bachelor’s in accounting and want to further their knowledge and exposure into the field and industry of accounting, and secondly, if you are just out of school and talking up an integrated master’s in accountancy and would be directly graduating with a master’s degree.

In both the above scenarios, one would assume that students pursuing a master’s in accounting would be good with numbers and great at balancing sheets. Apart from that, it would be good to say that the student inclines higher studies. And to conclude, it is always a good idea to further your studies on subjects that interest you and higher degrees always pay better than a basic bachelor’s degree. Hence, pursuing an online master’s degree in accounting is worth it and is a great idea.

How to get a Masters in
Accounting Online?

To get a master’s in accounting one would need to fulfill the below requirements:

Students must submit proof that they have met all the above criteria to be accepted at a college or university.

How long does it take to complete a
Masters in Accounting Online?

Accreditation for Masters in
Accounting Online

Accreditation is a vetting process wherein an institution has been evaluated by an independent accrediting body and found to meet the high standards of a rigorous education. Thus, accreditation in essence is enforcement of quality. Also, a few aspects of an accounting practice require licensing from state/federal bodies. And only those with accredited degrees would get the opportunity to sit for those license examinations. Hence, getting an accredited master’s degree in accounting is a must to practice the craft of accounting. Read more about Accreditation.

Hence, one must ensure that their degrees are regionally accredited online master’s degree programs and recognized by the industry and fraternity they are getting into, and more importantly, to be eligible for US federal student aid students must ensure that the institution one is enrolling in is accredited by one of the federally recognized accreditation bodies.

Masters in Accounting Online no
GRE/GMAT Programs

Franklin University

The Pennsylvania State University

University of Denver

Programs giving Masters in Accounting
without Bachelors

Accelerated Masters in Accounting
Online Programs

The Accelerated Master of Science in Accountancy (MSA) program is designed for working professionals who wish to advance their careers, either as a Certified Public Accountant (CPA) or in some other areas of accounting. The credits required to complete remain at 36 credit hours but the program is completed at a very fast pace. Students in the accelerated program take 4 courses during both the Fall and Spring terms and 2 courses during the summer term. Below we have listed a few accelerated programs for your reference:

Accelerated Master of Science in Accountancy

The College of Business Administration and the College of the Extended University is proud to offer the Accelerated Master of Science in Accountancy (MSA). Cal Poly Pomona’s Graduate Business Programs have been accredited by the Association to Advance Collegiate Schools of Business (AACSB), a distinction that less than 5% of the world’s 13,000 business programs have earned. AACSB schools produce graduates that are highly skilled and more desirable to employers than other non-accredited schools.

Accelerated MAcc in Accountancy

The Master of Accountancy (MAcc) program at OU is designed to prepare students not only to pass the CPA exam*but also for positions of responsibility in the accounting profession. It combines a broad-based business curriculum with in-depth accounting training, allowing students to specialize in chosen areas of accounting practice.

Accounting Accelerated B.S./M.S

Get both degrees in less time in a seamless process while earning the 150 credits required to sit for the exam to become a CPA in Maryland and many other states. Learn advanced skills beyond accounting in applied information technology, finance, and other relevant areas to advance your career at a more rapid pace.

University of North Carolina at Chapel Hill – Master of Accounting

Syracuse University Master’s in Accounting

University of Miami Master’s in Professional Accounting

How to Pay for Masters in Accounting
Online Programs?

A master’s program in accounting could cost students anything between $10,000 to $50,000 depending upon a public or private university, and in-state/out-of-state student’s tuition. For example, the MS in the accounting program cost at Texas A&M University is around 22,000 for the entire program. As you would all know graduate education can get a bit expensive. Hence, scholarships are a good way to pay your tuition. That’s why many students qualify for traditional student loans and financial aid. There are also several scholarships available for Master of Accounting Students, as well as teaching assistantships that make the program even more affordable. For further reference, students can refer to this link here for scholarships.

It might happen that someone does not qualify for a scholarship, for such candidates if they are working professionals, they can check with their employers to reimburse the tuition fee. The other way of funding your associate in accountancy is to apply for a student loan. Students can also check if they are eligible for federal student aid. Here is a link to the application for FAFSA Application. 

Free Courses for Masters in
Accounting Online

Below we discuss a few free courses that students might be interested in: 

Introduction to Financial Accounting

Master the technical skills needed to analyze financial statements and disclosures for use in financial analysis and learn how accounting standards and managerial incentives affect the financial reporting process. By the end of this course, you’ll be able to read the three most common financial statements: the income statement, balance sheet, and statement of cash flows. Students can apply these skills to a real-world business challenge as part of the Wharton Business Foundations Specialization.

Accounting for Decision Making

In this module students will explore how accounting was designed to meet the needs of decision-makers and what this means to you as a user of accounting information. We will discuss the concept behind accrual accounting including introducing the two primary accrual accounting financial statements – the balance sheet and income statement. Also, students will create a set of accruals accounting financial statements. We will use that experience to walk you through the accounting cycle – which is the process by which accounting captures and aggregates all the transactions in the period into a set of financial statements.

Recording in Journals & Posting in Ledgers

This course covers the basic procedures involved in recording financial entries in Journals and Ledgers. Upon completing this course, students will be able to analyze and record various business transactions. They will also learn about the accounting cycle, posting transactions, accrual accounting, and cash accounting. Students can also practice these skills through a series of activities that provide real-world experience.

FAQs about Masters in Accounting
Online Programs

Is it worth getting a master’s degree in accounting?

Do accountants need an MBA?

Should I get my MBA or CPA first?

Is CPA equivalent to Master’s?

What are CFA and CPA?

Does the CFO need CFA?

CPA Instead of the MAcc?

Can You Get an Accounting Job with a Finance Degree?

Career Opportunities and Salaries after
Masters in Accounting Online

Certifications and Licensing for
Masters in Accounting Online

Additional Resources for Masters
in Accounting Online

Disclaimer:

The average tuition (based on degree type for in-state students), average graduation rates, and rankings are based on data from various sources, including the Integrated Postsecondary Education Data System (IPEDS), and are variable over time. All rankings and statistics are subject to change. The rankings are solely the opinion of Find Best Degrees (FBD) and are based on our proprietary methodology. They do not represent the views of the institutions or organizations mentioned, nor do they represent any official government census or survey. Furthermore, any views or opinions expressed on this page are of FBD’s researchers and teams. Unless otherwise specified, they do not represent the thoughts and opinions of the individuals, institutions, or organizations mentioned. This page’s content is provided solely for informational purposes, with data drawn from various sources, including IPEDS. FBD and its employees make no guarantees regarding the accuracy or completeness of any information found on this page or by following any link. FBD will not be held liable for any errors or omissions in this material nor any losses, injuries, or damages resulting from the exposure or use of this information. Although the information on this page is/was correct at the time of publication, readers should exercise caution because some or all of the provided information may have changed over time, potentially resulting in inaccuracies. For more information, please read our Terms of Service. Trademarks and logos are the property of their registered owners. | Page last updated: Dec 2023.