An accelerated Accounting degree online offers a quick path for working adults to earn a graduate degree to advance their career and salary!

25 Accelerated Accounting Degree Online

An accelerated Accounting degree online offers a quick path for working adults to earn a graduate degree to advance their career and salary! This is a list of schools and programs with an accelerated online accounting degree. Follow along if you would like to learn more. Accountants know the value of an accelerated online Master’s in Accounting because juggling a career as well as pursuing higher education is no easy feat.

Professionals in the accounting industry understand that an accelerated program that can be taken in the comfort of their own home and on their own study schedule will make them more productive and lend to their skillset once they have completed their degree. Now that more graduate schools are recognizing the need for these programs to be offered online, even more, accountants can benefit from an online program.

Professionals know the importance of an accelerated degree, especially in terms of reaching their career goals. However, online accounting programs offer much more than just a fast pathway towards a degree; it also offers the flexibility and affordability most accountants look for when searching for a master’s in their field. These three things have become so important that it is necessary to create a ranking that showcases the best programs available in the country today.


Methodology for Ranking the Most Affordable Accelerated Master’s in Accounting

The editors at Fast Online Master’s want prospective students to feel confident about their choices, so only fully accredited, trusted institutions make our rankings. For the ranking order, we feature programs according to current IPEDS tuition data. 


Featured Schools:


1. Emporia State University

The Accountancy program at Emporia State is more than just an affordable online Master’s in Accounting. Of course, it is very affordable, which is part of why it appeals to so many students. But it also prepares students to take on leadership roles in public accounting. The program covers a range of accounting skills, so students will feel at home both with corporate clients and government clients. This Accounting prepares grads for leadership roles in internal auditing, public accounting, forensic accounting, tax accounting, and also controllership.

Emporia State University is known for several things, including its affordability. It’s also known for its great online programs, including many accelerated programs. These programs help students rise to the challenge of today’s careers. Programs are dynamic, so students can work toward a bright future and learn what it takes to stand out in the job market. Emporia State has been recognized by various publications for its online learning programs. 

Degree: Online Master of Accountancy

Credits: 30 college credits

Duration: 12 months

More: Master of Accountancy


2. American Public University System

American Public University offers an MS in Accounting. This online program has a generous transfer policy, so some students may be able to finish their degrees more quickly than they might have expected. APU is a top choice for those who want an affordable Master’s in Accounting online. This 36 credit program teaches both theory and practice, not just with numerical skills but with communication skills, too. The only prerequisite is a bachelor of science degree.

American Public University started as a college to educate military members. Today, it serves a wide range of students from many backgrounds, both military and civilian. American Public University strives to meet the needs of today’s students, helping them succeed in their careers. The students at this school are driven by purpose. They develop their leadership abilities and benefit from the school’s commitment to discipline. Military Times has repeatedly placed American Public University on its “Best for Vets” list of colleges. Additionally, the school offers a discounted tuition rate for members of the armed services.

Degree: Online Master of Science in Accounting (MS)

Credits: 36

Duration: 1 to 2 years

More: MS in Accounting


3. Boise State University

Boise State University offers an MS in Accountancy or an MSA. It’s one of the most affordable online Master’s in Accounting for today’s students. This program has no out-of-state tuition, so students outside of Idaho pay the same amount as students who live in the state. This online program takes as little as twelve months to finish. It provides a deep education in which students sharpen their marketable skills in the accounting field. The only prerequisite is a bachelor of science degree.

Boise State University may be famous for its blue football field, but it has so much more than that to offer. It’s a respected research university with a deep commitment to innovation. It’s also Idaho’s largest graduate school, and it’s growing all the time. Students here get to take advantage of resources, all while receiving an affordable education. Boise State’s MSA program ranks among the top 50 in the nation, according to US News and World Report. 

Degree: online Master of Science in Accountancy

Credits: 30

Duration: 12 months

More: MS in Accountancy


4. The University of Alabama at Birmingham

The University of Alabama at Birmingham has a highly affordable Master’s in Accounting online. This program comes with a generous transfer policy. This Master’s in Accounting degree helps learners gain a thorough understanding of numbers and how to apply those numbers to business situations. The program sharpens analytical and leadership skills, emphasizing assets that can make employees more marketable in the field. The only prerequisite is a bachelor of science degree. Core general education classes include Business Law for Accountants, Advanced Auditing and Attestation, and Tax Entities. Students also take elective courses like Fraud Examination and Technology Based Business Process Reengineering.

The University of Alabama at Birmingham has a strategic “Forging the Future Plan.” This plan isn’t just about anticipating the future; It’s about impacting it. This school draws students who want to do the same. It’s a community of discovery and creativity that searches for unique solutions to today’s biggest issues, and it helps students hone their career skills. The Princeton Review named UAB one of the top universities for diversity in the United States. This program has accreditation from the Association to Advance Collegiate Schools of Business (AACSB).

Degree: online Master’s in Accounting

Credits: 30

Degree: Master’s in Accounting


5. Saint Joseph’s College of Maine

Saint Joseph’s College of Maine offers an affordable Master’s in Accounting online. Students may complete this program in as little as twelve months. The program is designed to help students maximize their career potential with higher-level accounting skills. The degree is an interdisciplinary degree, so it covers not just accounting but important knowledge from supporting fields. As a result, this program draws future CPAs and other aspiring business professionals. The only prerequisite is a bachelor of science degree.

Saint Joseph’s College of Maine has a major focus on community; It’s a community of learners and a community of people making a difference. Saint Joseph’s is a small school with small class sizes, but for its students, it makes a big impact. This Catholic liberal arts college welcomes people of all faiths and backgrounds. It provides strong, robust academics, and it’s been a leader in distance learning since the 1970s. Saint Joseph’s College of Maine is committed to minimizing its environmental impact. It has been awarded many recognitions for doing so. 

Degree: online Master of Accountancy (MAcc)

Credits: 30

Duration: 12 months

More: Master of Accountancy


6. Liberty University

Among Christian universities, Liberty University’s MS in Accounting is one of the most affordable online Master’s in Accounting available. This fully online program lets students transfer up to half of their credits. Courses here cover crucial accounting skills, focusing on the business side of accounting. In other words, students don’t just learn numbers-based skills. They also learn business skills. 

Liberty University is an evangelical Christian university that focuses on ethics as well as academics. It trains professionals across a wide range of fields, including accountancy and similar professions. This school is a leader in online education, with lots of online programs for adult learners and advanced degree seekers. These online programs are both flexible and affordable. Students can enjoy a Christian education with all of the benefits of online learning. Liberty University offers tuition assistance, discounts, and other benefits for veterans and military members. 

Degree: online Master of Science in Accounting with a Business specialization

Credits: 30

More: MS in Accounting


7. Auburn University

The Harbert College of Business at Auburn University offers a great choice for an affordable program. Students may finish this online MAcc program in twelve months. The only prerequisite is a bachelor of science degree. Additionally, the program provides options for students who already have an accounting degree and for those who have not yet met their prerequisites. Within this accounting program, online students get the same opportunities as those who learn on campus. The only difference is that online students have more flexibility. 

Auburn University is a large, bustling university with a positive reputation in everything from athletics to research. Those who graduate from Auburn tend to become successful in their fields in careers such as management accounting and more. This is especially true of Auburn’s business school graduates, who have a very high employment rate. Auburn teaches marketable skills so that students can take their educations into thriving careers.

Degree: Master of Accountancy (MAcc) online

Credits: 30

Duration: full-time in 12 months

More: Master of Accountancy


8. Tennessee Technological University

Tennessee Technological University offers a hybrid MAcc program. It combines online courses with two weekend residencies. The program covers advanced academic and professional skills so that students can become highly successful accountants. Students learn how to work with numbers, communicate effectively, and become important team members for businesses. Full time students can complete the program in one year, while part time study takes two years. Graduates qualify to sit for the Certified Public Accountant’s (CPA) exam. 

Tennessee Tech is especially strong in science, technology, and business, so it draws many students who want to study accountancy. And Tennessee Tech challenges students to reach their fullest potential. They learn practical skills to increase their employment marketability in careers such as management accounting, and they gain a thorough understanding of important topics in their fields. Tennessee Tech degrees have the highest salary potential of all public universities in the state of Tennessee. 

Degree: hybrid Master of Accounting (MAcc) program

Credits: 30

Duration: 12 months

More: MAcc program


9. Bellevue University

The online MS in Accounting at Bellevue University has a generous transfer policy, so some students may spend less time and money earning this degrees. Bellevue’s program helps students upgrade their accounting skills and gain preparation to sit the CPA certification exam. Students gain high levels of competency in accounting skills like auditing and tax preparation. The only prerequisite is a bachelor of science degree.

Bellevue University is a career-based university that gets students where they want to go. It’s a goal-focused school where many degree options are available online. These online programs offer flexibility, so busy working students don’t have to compromise on their educations.

Degree: online Master of Science in Accounting degree

Credits: 36

More: MS in Accounting


10. Indiana Wesleyan University

Indiana Wesleyan University offers an affordable master’s in Accountancy online. Full time students may complete this program in as few as 18 months. The program is taught and led by people with real-world field experience, including CPAs, corporate accountants, and more. Students in this program gain a master of numbers, and they learn how to develop strategies and increase their leadership abilities. Additionally, students may choose from a specialization in Financial Accounting, Public Accounting, or Managerial Accounting.

IWU is a Christian University in the Wesleyan tradition. This school is devoted to service, both for its students and for the world. It teaches students how to use their skills, talents, and passions to make a difference in the world. The school promotes excellence in academics, and it enhances other skills like leadership and communication. IWU is also committed to maintaining a sustainable cost. Indiana Wesleyan University is a military-friendly school. 

Degree: online MS in Accounting

Credits: 36

Duration: 18 months

More: MS in Accounting


11. George Mason University

George Mason University has an affordable online Master’s in Accounting. The program has no out-of-state tuition, so non-resident students pay the same rate as those who live in the commonwealth of Virginia. This MS degree may be finished in 11 months and includes a week-long Global Residency. It imparts crucial skills and training for accountancy licensure. The program is flexible and committed to helping students grow their careers. The only prerequisite is a bachelor of science degree.

GMU is Virginia’s largest public research university, with research and academics that make a difference. George Mason promotes excellence and service, aiming to meet the needs of a world that are always changing and evolving. This school provides a relevant education that encourages creativity and exploration. George Mason University is “committed to creating a more just, free, and prosperous world.” 80% of students from George Mason are employed within six months of graduation. 

Degree: online Master of Science in Accounting (MSA)

Credits: 30

Duration: 11 months full time

More: MS in Accounting


12. The University of Arizona

The MSA program from the University of Arizona is one of the most affordable Master’s in Accounting online in the US. This program takes 12 months to finish. It helps students take their accounting careers to new heights. Still, those students get to enjoy scheduling flexibility, so they can still maintain their current non-academic responsibilities. Students again advanced mastery of accounting that allows them to earn credit toward CPA licensure. 

The University of Arizona is a place of questions and exploration. It has a highly diverse student body and welcomes all kinds of differing viewpoints. The University of Arizona maintains its core values of exploration and maximizing student potential. This school is consistently growing and improving to provide the best possible education for its students. The University of Arizona is a Hispanic Serving Institution (HSI). 

Degree: online Master of Science in Accounting (MSA) program

Credits: 30

Duration: 12 months

More: MSA program


13. The University of Scranton

The University of Scranton offers a Master’s in Accountancy degree. It’s an affordable online program that students can complete in two years. Additionally, it offers a bridge option, so students without a Bachelor’s in Accounting may still apply and meet their prerequisites. The program is 100% online, and it provides both challenge and flexibility. Students get a relevant education based on real-world accounting scenarios and can choose from two specializations in Accounting Analytics or Forensic Accounting.

The University of Scranton is a Jesuit Catholic university committed to holistic education. It emphasizes personal development, not just in education but in all realms of life. It provides a high-quality education, both online and on campus. Students learn top-notch academics, social responsibility, and innovation.

Degree: online Master of Accountancy (MAcc) degree

Credits: 30

Duration: 2 years

More: Master of Accountancy


14. PennWest Global Online

PennWest Global Online offers an affordable master’s accounting degree online. This twelve-month degree program covers both public accounting and accounting for businesses. The program also meets the educational requirements for students to sit for the CPA exam. This program is only offered online, and it offers the flexibility that students may not get inside a classroom. The only prerequisite is a bachelor of science degree.

Pennsylvania Western University, or PennWest, is a public university with campuses in the Pennsylvania towns of California, Clarion, and Edinboro. The school also offers a robust online program through its Global Online campus. It is part of the Pennsylvania State System of Higher Education has accreditation from the Middle States Commission on Higher Education. It was created by the merger of California University of Pennsylvania, Clarion University of Pennsylvania, and Edinboro University of Pennsylvania, and began operations as a unified university on July 1, 2022.

Degree: online Master of Accountancy (M.Acc) degree

Credits: 30

Duration: 12 months

More: Accounting master’s degree


15. Shorter University

Shorter University has an affordable Master’s accounting degree online that can be completed in as few as twelve months. The program is designed for those who already have an Accounting Bachelor’s degree or a similar degree. It provides preparation for the CPA certification exam. More importantly, it imparts essential skills that can help students become assets to virtually any business or organization. The only prerequisite is a bachelor of science degree.

Additionally, Shorter University is a Christian university that has a deep commitment to its faith tradition. Its motto is “Transforming Lives through Christ.” Shorter University is one of the most affordable online colleges in Georgia, especially among private Christian schools It’s a tight-knit community with professors who care about their students, and it promotes excellence in all things, including education. Zippia has ranked Shorter University #6 on its list of “Best Colleges for Jobs in Georgia.” 

Degree: Online Master of Accountancy (MAcc)

Credits: 31

Duration: 12 months

More: Master of Accountancy


16. New England College

Students may finish this affordable master’s in accounting degree in less than two years. The New England College program provides a rigorous education so that students are ready to apply for the CPA certification exam by the time they graduate. Still, this program is also flexible, making it accessible to busy professionals. It program combines theory and practical application. And the only prerequisite is a bachelor of science degree.

New England College focuses on creative approaches to academic endeavors. It also provides an education that focuses on career building, helping students build successful careers as they learn. Students here hone their intellectual abilities and other skills that lend themselves to lifelong learning. US News and World Report gives New England College high rankings for its online graduate business programs, making this school a good choice for accountants. 

Degree: online Master of Science in Accounting (MSA)

Credits: 40

Duration: less than 2 years

More: MS in Accounting


17. University of Massachusetts Amherst 

The University of Massachusetts offers a high-quality, affordable Master’s accounting degree online. Students may also pursue this program on campus. In any case, the program instills organizational skills that students can use to strategize and finish important projects. This program helps students enhance their careers and make the most of career opportunities. It also has a Transitions Track for those whose bachelor’s degree was not in Accounting. The only prerequisite is a bachelor of science degree. This program prepares graduates for global employment with the fundamental accounting principles and techniques.

The University of Massachusetts Amherst is a top public research university that has a major impact on its community and the world. It consistently earns awards and recognitions for its quality education. It also focuses on the diversity of ideas and ideals, so students bring several different viewpoints to the table. At the University of Massachusetts Amherst, students are challenged to reach higher levels. The MS in Accounting from UMass Amherst is ranked #1 in New England. 

Degree: online MS in Accounting, Professional Track or Transitions Track

Credits: 30

More: MS in Accounting


18. California Baptist University

California Baptist University has an affordable Master’s accounting degree online. It’s a twelve-month program designed to help students move up the career ladder. It covers advanced accounting and leadership skills. It also covers the ethics of accounting, so students can view their careers from a broader perspective and make the most ethical decisions possible. This program prepares students for a lot of potential career opportunities. The only prerequisite is a bachelor of science degree. Additionally, CBU prefers applicants with at least 24 transferable credits.

California Baptist University ranks as one of the top Christian colleges in the United States. It’s a top choice for students who value faith in learning. California Baptist University emphasizes academics with a purpose. The school helps students find and engage with their own purposes, all while providing high academic standards. It also has a great online learning platform, which provides the same quality of education as its on-campus counterparts. US News and World Report have ranked CBU Online as one of the top schools for online graduate programs. 

Degree: online MS in Accounting

Duration: 12 months

More: MS in Accounting


19. Maryville University of St. Louis

Maryville University of St. Louis has a dynamic and affordable Master’s accounting degree online. It can be completed in as few as ten months, so students can get started in the next stages of their careers fast. The only prerequisite is a bachelor of science degree. This program recognizes that accounting has evolved, with new standards and technology. It teaches students how to meet these changes and adapt to a shifting landscape. Students also develop practical skills, learning how to stay competitive in the job market. 

Maryville University of St. Louis is a school with a good value and a big impact. It has 150 years of history, and it’s a leader in online education. Maryville University has an understanding of what today’s busiest students need the most from their educations. It provides flexibility while preparing students for tomorrow’s job market. Maryville helps turn student passions into success stories. Maryville’s online MS in Accounting does not require a GRE or GMAT score. 

Degree: MS in Accounting

Credits: 30

Duration: 10 months

More: MS in Accounting


20. Wilmington University

Wilmington University has an affordable Master’s accounting degree online. It’s a twelve-month program with courses and assignments based on real-world accounting scenarios. The only prerequisite is a bachelor of science degree. This way, students already have a familiarity with common accounting situations by the time they graduate. In this program, students prepare for a career with a lot of potential for job growth. Wilmington is connected to several accounting firms, so students may have opportunities to build their resumes as they learn. 

Furthermore, Wilmington University is an open-access private institution helping students carve out career pathways. The school comes highly recommended by its graduates. Wilmington University thrives, both with online courses and their on-campus counterparts. It’s a leader in online education, providing the resources and support that online students need. Wilmington University is the #1 most affordable private university in its region. It’s a good choice for those who want a private education without an enormous price tag. 

Degree: online Master of Science in Accounting

Credits: 36

Duration: 12 months

More: MS in Accounting


21. National University

National University has a fast-paced and affordable online Master’s in Accounting. It prepares students to work in all sorts of accounting careers for all types of organizations. Students receive preparation for government, private, and nonprofit organizations, so they’re ready to take on accounting responsibilities no matter where their careers may take them. They also learn how to use the latest technology in accounting, so they learn what it takes to compete in the contemporary business world. The only prerequisite is a bachelor of science degree.

National University is unique because it’s completely focused on adult education. As a result, it provides an education with lots of flexibility for students who need it the most. Because it’s focused on adult learners, nontraditional students never have to feel like they’re in second place among younger students. This school has both online and on-campus programs, and it delivers classes in four-week increments. This school is focused on building successful careers and helping students meet their goals. National University is a military-friendly university and a Yellow Ribbon school. Founded by veterans, National University provides a lot of military student support. 

Degree: Master of Accountancy

Credits: 45 quarter units

More: Master of Accountancy


22. University of Illinois Urbana-Champaign

The University of Illinois Urbana-Champaign offers the iMSA, an affordable Master’s in Accounting online. The program takes eighteen months to finish, and its faculty members are highly ranked. The only prerequisite is a bachelor of science degree. Those faculty members have lots of real-world accounting experience. Courses within this program provide engaging material and preparation for the CPA exam. The program produces results, including a high rate of successful employment outcomes for graduates. 

The University of Illinois Urbana-Champaign is a land grant university with high rankings. Employers recognize and respect this school. It has a reputation for excellence among its students, teachers, and graduates. This school is also a world-class producer of research and innovation, so it makes a good choice for forward-thinking students. Students here become publicly engaged citizens who use their passions and careers for good. The University of Illinois Urbana-Champaign has one of the top three MS in a certified management accountant program.

Degree: iMSA online Master’s of Accounting

Credits: 30

Duration: 18 months

More: iMSA


23. Franklin University

Franklin University offers an affordable online Master’s in Accounting. It’s a seventeen-month program that helps students make the most of their career opportunities. The only prerequisite is a bachelor of science degree. The program imparts the knowledge and skills that students will need to meet today’s accountancy demands. Courses within this program cover the technical and non-technical aspects of accounting, from raw numbers to essential communication skills. At the same time, these courses provide the flexibility that adult learners need to maintain their education. 

Franklin University is designed specifically for adult learners, so non-traditional students never feel out of place. Instead, adult learners know that their needs will always be put first. Strategic partnerships and online programs welcome new international learners. This school excels in online education, providing flexible scheduling. It has several accelerated master’s degree programs, so students can get started in their careers more quickly. The school is transfer-friendly, fast, and affordable. Students don’t have to waste time while they turn their career dreams into realities. Franklin’s Accounting program does not require a GRE or GMAT. 

Degree: MS in Accounting

Duration: 17 months

More: MS in Accounting


24. Northcentral University

Top 50 Most Affordable Accelerated Master's in Business Management Online Northcentral University

Northcentral University has an affordable Master’s in Accounting online. This program can be completed in sixteen months. The accountancy courses help students work toward certification. They also instill problem-solving skills for a wide array of business situations. Through this degree program, students can make their own way in an increasingly complex business world. 

Additionally, Northcentral University provides a pragmatic education. It’s a private school designed specifically for working professionals, and it focuses on skill-building as it provides the tools that learners need to build their careers. This school is highly flexible, allowing students to take care of their non-academic responsibilities. This fully online university has no campus residency requirements. 100% of Northcentral University professors have a doctorate degree. 

Degree: online Master of Accounting (MACC)

Duration: 16 months

Degree: MS in Accounting


25. Edgewood College

Edgewood College has an affordable online Master’s in Accounting. Students may complete this program in as few as twelve months. The program is designed to help students build a career, either in public accounting or private accounting. Either way, students develop the skillset that accountants need. The program is completely online and has multiple start dates. 

Edgewood College is a Dominican Catholic college committed to educational excellence. It has a friendly and welcoming community, both online and on campus. This deeply engaging liberal arts school provides a multifaceted education to prepare students for an evolving world. This school is also committed to putting students first. Edgewood College has a low student to faculty ratio. More than 73% of Edgewood’s classes have less than 20 students. 

Degree: online Master of Science in Accountancy

Credits: 30

Duration: 12 months

More: MS in Accounting


Why Should You Earn an Accelerated Accounting Degree Online?

Many people are forgoing the traditional route of getting their Masters in Accounting degree and choosing to pursue their master of accounting online. This is often true of those that are currently working in their chosen field and also juggling other responsibilities, like making family time.

Those attending in-person learning need to adjust their schedule to attend school, while those that choose online master of accountancy classes can study when it fits into their schedule. There are many ways to get financial aid to help you if you decided to go full time vs working while in school.


What are the Benefits of Earning an Accelerated Accounting Degree Online?

There are many reasons that those considering an MS in Accounting online can greatly benefit from this course of learning. 

More Career Opportunities

Individuals with a high school diploma or associate degree often work in jobs like bookkeeping. The career path wit an online bachelor’s degree leads to more roles in business administration finance and also accounting. But with a master’s degree, graduates qualify for roles like auditor, accounting manager, forensic accounting, managerial accounting, financial analyst, and roles like CFO.

Higher Salaries

Those that get an online master of accounting degree typically have better jobs and higher salaries compared to their counterparts with only an online Bachelor of Science in Accounting. According to the Bureau of Labor Statistics, those in financial management earn a salary of around $131,710.

Flexibility

Online flexibility and learning at one’s pace lets those pursuing an online masters in accounting still work while earning their degree.

Cost

Often online master’s in accounting programs offer flat tuition rates, no matter if they are in-state or out-of-state enrollment.

Accelerated Degree Options

Often MS in Accounting online programs enable the student to work at their own pace and can often complete course work in less time.

Accreditation

This is particularly important! All online MACC programs should have accreditation and meet established standards. This is crucial to most employers.


What are the Kinds of Accounting Degree Programs?

An accounting degree program can be a traditional on-campus program, an online degree program, or a hybrid program. An accelerated accounting degree online is a faster-paced degree. However, the required credit hours and format of all these programs is similar. And most include accounting courses that focus on financial reporting and financial analysis. The difference is in the delivery of the course material.

Students who enroll in an accelerated program should be familiar with basic accounting principles, accounting practice, and generally accepted accounting principles. In addition, applicants should be familiar with financial data and with examining financial records and financial statements. Accounting majors can find a successful career in tax accounting, government accounting, accounting information systems, or work as management accountants.


What are the Admission Requirements for a Master’s in Accounting?

Admission requirements for a master’s in Accounting vary depending on the college or university. But in general, applicants will likely need to complete and submit the below items.

  • Earn an undergraduate degree, a bachelor’s program in accounting is preferred
  • Official transcripts for any college-level coursework showing a GPA of 3.0 or higher
  • Letters of recommendation
  • Statement of purpose or personal essay
  • Resume or CV
  • GRE or GMAT scores
  • TOESL or English language proficiency test scores (if required)

What are Some of the Most Affordable Online Programs?

There are many affordable programs, a resource for some of the cheapest online masters in accounting programs. Additionally, there are many resources available online for those that want to investigate programs that will meet their needs and achieve their goals. And there are also many ways to get financial aid to help you if you decided to go full time vs working while in school. One of the best things about choosing an online program is that students can choose any institution for higher learning they desire. They no longer have to only pursue programs that are geographically close to them. 

Don’t think that just because a school offers cheap online masters in accounting degrees, the education is not as good as attending a classroom. They must work with virtually the same curriculum so even the cheapest online masters degree in accounting will stand up to anyone that achieves the same degree. Whether it was granted through online or live learning classes.


What Type of Jobs Can Students Expect with a Masters in Accounting?

Many doors will be opened for those looking for masters in accounting jobs following graduation. With a Masters in Accounting, graduates have earned the right to position themselves as an expert in the field. And with nearly every business needing an accountant, there are many options. Below are some of the positions available to those with a master’s degree.

  • Management Accounting
  • Chief Executive Officer (CEO)
  • Auditor
  • Financial Accountant
  • Chief Accounting Officer
  • Budget Analyst
  • Government Accountant
  • Tax Accountant
  • Certified Internal Auditor
  • Forensic Accountant
  • Cost Accountant
  • Treasury Analyst
  • Chief Operating Officer (COO)
  • Forensic Accountant
  • Certified Management Accountant (CMA)
  • Certified Public Accountant (CPA)

What is the Job Outlook with a Masters in Accounting?

The higher the education, the better options the graduate will have. Masters in accounting jobs are plentiful and those that pursue this higher level of education will find more and better-paying opportunities available to them. These are positions that those that do not have their degree will not be able to secure.

Even better, the outlook for accounting jobs looks bright. According to the US Bureau of Labor Statistics, jobs in this area are expected to grow 6% from 2021 to 2031. This is anticipated to grow along with the health of the economy.

OccuaptionBLS Job Growth 2021 to 2031
Accountants and Auditors6%
Financial Analysts9%
Management Analysts11%
Financial Managers17%
BLS selected accounting occupations with job growth.

How Much Can You Earn with a Masters in Accounting?   

How valuable is a masters in accounting? The Bureau of Labor Statistics (BLS) Accounting reports the average salary for accountants and auditors is $77,250. And this salary ranges from $47,970 to more than $128,970.

With a Master of Science in Accounting individuals can earn a very substantial salary. So, it is worth the work to achieve this graduate degree. Below are some examples of a accounting positions along with the average salary for the position.

  • Chief Financial Officer: Median Salary: $146,614 (Payscale)
  • Vice President of Finance: Median Salary: $144,458 (Payscale)
  • International Tax Manager: Median Salary: $126,788 (Payscale)
  • Corporate Controller: Median Salary: $110,218 (Payscale)
  • Certified Management Accountant: $99,000 (Payscale)
  • Finance Manager: Median Salary: $98,890 (Payscale)
  • Cost Managerial Accountant: Median Salary: $82,950
  • Assistant Controller: Median Salary: $82,631 (Payscale)
  • Senior Financial Analyst: Median Salary: $86,113 (Payscale)
  • Accounting Manager: Median Salary: $79,871 (Payscale)
  • Compliance Managerial Accounting: Median Salary: $75,830
  • Senior Auditor: Median Salary: $75,160 (Payscale)
  • Forensic Accountant/Forensic Accounting: Median Salary: $73,712 (Payscale)
  • Tax Accountant: Median Salary: $69,570 (Payscale)

Your Career in Accounting

Choosing a career as an accountant is a smart career choice. Even those that start with a bachelor’s degree have the opportunity to continue their education, get their bachelor’s degree online and be ready for a new job market with higher pay.

There are also ways to enhance your pay through other Master Degrees when working in Accounting. Also, if you took out financial aid, you may want to look into a career that will help you to pay back the loans.


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