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.

The 5 Most Affordable Accelerated Accounting Master’s programs are:

  1. Emporia State University
  2. American Public University
  3. Boise State University
  4. University of Alabama at Birmingham
  5. Saint Joseph’s College of Maine

Stay with us for complete profiles of the top 25! 

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: 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. 

1. Emporia State University

Emporia State’s Accountancy program 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 rang of accounting skills, so students will feel at home both with corporate clients and government clients. This Accounting program can be finished in as few as twelve months. 

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 are all designed to help students rise to the challenge of today’s careers. Programs are dynamic and challenging, 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: Master of Accountancy

Format: Online – 12 months

2. American Public University

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. The program teaches both theory and practice, not just with numerical skills but with communication skills, too. 

American Public University started as a college to education 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. 

Degree: MS in Accounting

Format: Online – generous transfer

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. 

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 the 2021 US News and World Report. 

Degree: MS in Accountancy (MSA)

Format: Online – 12 months

4. 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 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. 

Degree: Master’s in Accounting

Format: Online – generous transfer

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. 

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: Master of Accountancy

Format: Online – 12 months

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: MS in Accounting

Format: Online – transfer 50%

7. Auburn University

Auburn University makes a great choice for students who want an affordable online Master’s in Accounting. Students may finish the program in twelve months. 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 get more flexibility. 

Auburn University is 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. 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. The Master’s of Accountancy from Auburn is ranked #17 in the nation for graduate online business programs. 

Degree: Master of Accountancy

Format: Online – 12 months

8. Tennessee Technological University

Tennessee Technological University offers a hybrid MAcc program. It combines online courses with in-classroom content, but it’s still one of the most affordable Master’s in Accounting online. 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. 

Tennessee Tech is especially strong in science, technology, and business, so it draws many students who want to study accountancy. At Tennessee Tech, students are challenged to reach their fullest potential. They learn practical skills to increase their employment marketability, 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: MAcc program

Format: Hybrid – 12 months

9. Bellevue University

Bellevue University’s MS in Accounting is an affordable online Master’s in Accounting. This program has a generous transfer policy, so some students may spend less time and money earning their degrees. This program is designed to help 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. 

Bellevue University is a career-based university designed to get students where they want to go. It’s a goal-focused school where many degree options are available online. These online programs are designed for flexibility, so busy working students don’t have to compromise on their educations. Bellevue University is all about helping students at every stage in their careers, from those who are just starting out to those who want advanced knowledge. Best Master’s Degrees has ranked Bellevue’s Master’s in Accountancy as one of the top 25 most affordable. 

Degree: MS in Accounting

Format: Online – generous transfer

10. Indiana Wesleyan University

Indiana Wesleyan University offers an affordable Master’s in Accountancy online. 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. Students may also choose from a few concentrations, depending on what type of accountancy career they want. 

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: MS in Accounting

Format: Online – 18 months

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. It imparts crucial skills and training for accountancy licensure. The program is flexible and committed to helping students grow their careers. 

George Mason University 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’s 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: MS in Accounting

Format: Online – 11 months

12. 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: MSA program

Format: Online – 12 months

13. University of Scranton

The University of Scranton offers a Master’s in Accountancy. It’s an affordable online Master’s in Accounting that can be completed in 18 months. This program has 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. 

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. Scranton’s Master of Accountancy was ranked the #1 accounting program in the US by Best Colleges in 2019. 

Degree: Master of Accountancy

Format: Online – 18 months

14. Clarion University of Pennsylvania

Clarion University offers an affordable Master’s in Accounting 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 certification exam. This program is only offered online, and it offers the flexibility that students may not get inside a classroom. 

Clarion University values boldness and forward momentum. It helps students gain marketable skills and the confidence they need to use those skills in the job market. Clarion University emphasizes lifelong learning, providing an education that benefits students through graduation and beyond. Clarion has an impact, both on its own students and on the world beyond its classrooms. Clarion University has been ranked as one of the best colleges in Pennsylvania. 

Degree: MS in Accounting

Format: Online – 12 months

15. Shorter University

Shorter University has an affordable online Master’s in Accounting 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. 

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: Master of Accountancy

Format: Online – 12 months

16. New England College

New England College offers an affordable Master’s in Accounting online. Students may finish this program in less than two years. The 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. The program combines theory and practical application. 

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. New England College helps students create strategies that turn dreams into realities. 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: MS in Accounting

Format: Online – less than 2 years

17. University of Massachusetts-Amherst 

The University of Massachusetts offers a high-quality, affordable online Master’s in Accounting. 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 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 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: MS in Accounting

Format: Online or Campus

18. California Baptist University

California Baptist University has an affordable Master’s in Accounting 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. 

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 has ranked CBU Online as one of the top schools for online graduate programs. 

Degree: MS in Accounting

Format: Online – 12 months

19. Maryville University of St. Louis

Maryville University of St. Louis has a dynamic and affordable online Master’s in Accounting program. It can be completed in as few as ten months, so students can get started in the next stages of their careers fast. This program recognizes that accounting has evolved, with new standards and technology. It teaches students how to meet this 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

Format: Online – 10 months

20. Wilmington University

Wilmington University has an affordable Master’s in Accounting online. It’s a twelve-month program with courses and assignments based on real-world accounting scenarios. 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. 

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: MS in Accounting

Format: Online – 12 months

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. 

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

Format: Online – fast

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. Those faculty members have lots of real-world accounting experience. Courses within this program provide engaging material and preparation for the CPA certification exam. The program produces results, including a high rate of successful employment outcomes for graduates. 

The University of Illinois Urbana-Champaign is a land grand 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 Accountancy programs. 

Degree: iMSA

Format: Online – 18 months

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 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. 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

Format: Online – 17 months

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 CPA 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. 

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: MS in Accounting

Format: Online – 16 months

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 skill set 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: MS in Accounting

Format: Online – 12 months

Why Should I Get My Master’s in Accounting 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 reasons that those considering an ms in accounting online can greatly benefit from this course of learning. 

  • More Career Opportunities such as auditor, accounting manager, financial analyst, and roles like CFO.
  • Higher Salaries: Those that get an online master of accounting degree may be slated for better jobs at higher salaries. According to the Bureau of Labor Statistics, those in financial management earn a salary of around $127,990.
  • Flexibility in 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.
  • 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 be accredited and meet established standards. This is crucial to most employers.

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 can be found on  AccountingDegree.org.  There are many resources  available online for those that want to investigate programs that will meet their needs and achieve their goals. 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 thing that just because a school offers cheap online masters in accounting degrees, that 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 Job Students Can 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.

GreatBusinessSchools.org reports that there are many positions available to those with their masters’ degrees.

  • Accounting Manager
  • 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)

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 U.S. Bureau of Labor Statistics, jobs in this area are expected to grow 4% until 2029. This is anticipated to grow along with the health of the economy.

The Outlook for Masters in Accounting Salary:   

The Accounting Degree Review reports master of science in accounting salary can be very substantial and worth the work to achieve, due to the salary points. 

Here are some examples of ms accounting salary and the positions that garner that salary:

  • · Vice President of Finance: Median Salary: $132,890
  • · Chief Financial Officer: Median Salary: $127,780
  • · International Tax Manager: Median Salary: $112,000
  • · Finance Director: Median Salary: $110,050
  • · Corporate Controller: Median Salary: $93,030
  • · Cost Accountant Manager: Median Salary: $82,950
  • · Senior Financial Analyst: Median Salary: $77,720
  • · Compliance Manager: Median Salary: $75,830
  • · Assistant Controller: Median Salary: $71,160
  • · Accounting Software Developer: Median Salary: $69,570

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.

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