Brief Overview of Online Accounting Master's Degree Programs
Pursuing an Online Accounting Master's Degree can be a strategic move for those aiming to advance in their accounting careers or solidify their expertise in the field. These programs are designed to provide students with a deep understanding of accounting principles, taxation laws, auditing practices, and financial management strategies. What makes an online master's degree in accounting particularly appealing is the flexibility it offers, allowing you to balance your studies with professional and personal commitments.
When you're evaluating the best online accounting master's programs, consider these key components:
Affordability: One of the primary concerns for many students is the cost of education. Online programs often offer competitive tuition rates and eliminate additional expenses such as commuting or relocation. Look for programs that provide transparent pricing and financial aid options.
Program Outcomes: Analyze what previous graduates have accomplished after completing the program. Successful alumni can indicate a high-quality education that effectively prepares students for the workforce.
Accessibility: The best online programs ensure that all course materials are accessible anytime and anywhere, fostering a learning environment that accommodates various schedules and time zones.
Student Support Services: Adequate support is crucial for online learners. Top programs typically offer comprehensive services, including tutoring, career counseling, and technical assistance.
Accreditation: Accreditation from recognized bodies like the Association to Advance Collegiate Schools of Business (AACSB) or the Accreditation Council for Business Schools and Programs (ACBSP) ensures that the program meets high educational standards.
Flexibility: The ability to choose part-time or full-time study, asynchronous or synchronous classes, and various start dates throughout the year is a hallmark of a student-centered online accounting program.
Program Reputation: Reputation can be gauged through rankings, reviews, faculty qualifications, and the program's history of success in the field.
Online Accounting Master's Degree programs typically cover a range of topics including advanced accounting theory, managerial accounting, corporate taxation, audit services, financial statement analysis, and ethical standards in accounting practices. Additionally, many programs offer elective courses allowing for specialization in areas such as forensic accounting, governmental accounting, or international finance.
Choosing the right online master's program in accounting is a significant decision that will impact your career trajectory. Utilize our proprietary algorithm which considers all these factors to identify the program that aligns best with your goals and preferences. With the right preparation and guidance, an online master's degree in accounting can unlock doors to higher-level positions and specialized roles within the industry.
Best Online Accounting Master's Degree Programs in 2024
#1 in Best Online Accounting Master's Degree Programs in 2024
Emporia State University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$363
Contact: gradinfo@emporia.edu
Online Graduate Overall Median Earnings:
Not Provided
Why We Picked It:
The program's standout features include affordable tuition, a comprehensive curriculum that prepares students thoroughly for the CPA exam, flexibility with accelerated 7-week courses, and a strong support system. Moreover, its significant focus on CPA exam preparation and the ability to complete in as few as 12 months make it highly attractive.
#2 in Best Online Accounting Master's Degree Programs in 2024
Western Governors University
Program Accredited By: Accreditation Council for Business Schools and Programs
Online Program Information:
Cost per Credit:
$604
Contact: readmission@wgu.edu
Online Graduate Overall Median Earnings:
$75,925
Why We Picked It:
WGU’s flexibility, CPA exam pass rate that significantly exceeds the national average, and the salary increase reported by graduates place it in a top position. The university's competency-based education model and strong support system further enhance its appeal.
#3 in Best Online Accounting Master's Degree Programs in 2024
University of South Dakota
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$470
Contact: gradadmissions@usd.edu
Online Graduate Overall Median Earnings:
$74,682
Why We Picked It:
USD's program boasts high career placement rates, a wide range of specialized training options, affordable tuition, and a comprehensive curriculum. The small class sizes and hands-on experiences provided make it a strong choice.
#4 in Best Online Accounting Master's Degree Programs in 2024
Southern New Hampshire University
Program Accredited By: Accreditation Council for Business Schools and Programs
Online Program Information:
Cost per Credit:
$627
Contact: enroll@snhu.edu
Online Graduate Overall Median Earnings:
$73,982
Why We Picked It:
SNHU's program offers a great mixture of affordability, accreditation, a curriculum aligned with the CPA exam, and specialization options. Its comprehensive support services and flexible online format cater well to working professionals.
#5 in Best Online Accounting Master's Degree Programs in 2024
Southern Utah University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$485
Contact: info@suu.edu
Online Graduate Overall Median Earnings:
$77,728
Why We Picked It:
SUU's program stands out due to its high job placement rate, AACSB accreditation, and flexible curriculum that allows completion between 1-4 courses per semester. The school's dedicated career coach and internship coordination significantly contribute to student success.
Top Career Paths by Salary for Accounting in 2024
Career | Annual Median Salary | Hourly Median Salary |
---|---|---|
Chief Financial Officer (CFO) | $189,520 | $91.12 |
Accounting Manager | $139,790 | $67.21 |
Accounting Supervisor | $139,790 | $67.21 |
Assistant Controller | $139,790 | $67.21 |
Corporate Controller | $139,790 | $67.21 |
Director of Accounting | $139,790 | $67.21 |
Financial Controller | $139,790 | $67.21 |
Payroll Manager | $139,790 | $67.21 |
Vice President of Accounting | $139,790 | $67.21 |
Systems Accountant | $102,240 | $49.15 |
Personal Financial Advisor | $95,390 | $45.86 |
Treasury Analyst | $95,390 | $45.86 |
Data sourced From O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA).
#7 in Best Online Accounting Master's Degree Programs in 2024
University of Connecticut
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$975
Contact: gradschool@uconn.edu
Online Graduate Overall Median Earnings:
$94,814
Why We Picked It:
UConn's program is notable for its ranking and AACSB accreditation. The flexibility, tailored elective options, and strong industry connections provide a solid foundation for accounting professionals. The program's history of CPA exam success among graduates boosts its reputation.
#8 in Best Online Accounting Master's Degree Programs in 2024
Georgia Southern University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$527
Contact: admissions@georgiasouthern.edu
Online Graduate Overall Median Earnings:
$68,730
Why We Picked It:
The WebMAcc program from Georgia Southern University offers a flexible study schedule and an AACSB-accredited education. Its structured program designed for working professionals with different entry terms throughout the year ensures accessibility and convenience.
#9 in Best Online Accounting Master's Degree Programs in 2024
University of Maryland Global Campus
Program Accredited By: Middle States Commission on Higher Education
Online Program Information:
Cost per Credit:
In-State: $514
Out of State: $659
Contact: studentsfirst@umgc.edu
Online Graduate Overall Median Earnings:
$81,976
Why We Picked It:
UMGC's program offers competitive tuition rates and a comprehensive curriculum that includes partnerships with IAEP and ACFE. The focus on career preparation across various sectors and the flexibility of the online format with some hybrid courses make it a strong contender.
#10 in Best Online Accounting Master's Degree Programs in 2024
Stetson University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$1,050
Contact: admissions@stetson.edu
Online Graduate Overall Median Earnings:
$73,986
Why We Picked It:
Stetson University's flexible online MAcc program, small class sizes, and CPA exam success rates are significant benefits. Dual AACSB accreditation and scholarship opportunities further enhance its value.
#11 in Best Online Accounting Master's Degree Programs in 2024
Bentley University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$1,810
Contact: ugadmission@bentley.edu
Online Graduate Overall Median Earnings:
$91,910
Why We Picked It:
Bentley's innovative curriculum, STEM designation, and strong placement rate make it an attractive option. However, its higher cost per credit makes it less accessible to some students.
Typical Tasks for Careers in Accounting
Advise clients on aspects of capitalization, such as amounts, sources, or timing.
Advise licensees or other individuals or groups concerning licensing, permit, or passport regulations.
Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
Analyze data gathered and develop solutions or alternative methods of proceeding.
#12 in Best Online Accounting Master's Degree Programs in 2024
Colorado State University Global
Program Accredited By: Accreditation Council for Business Schools and Programs
Online Program Information:
Cost per Credit:
$500
Contact: enroll@csuglobal.edu
Online Graduate Overall Median Earnings:
Not Provided
Why We Picked It:
Despite the lack of detailed curriculum information, CSU Global's potential for affordability based on its general tuition rates, and a focus on online education accessibility place it within the mid-range of options.
#13 in Best Online Accounting Master's Degree Programs in 2024
Boise State University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$545
Contact: graduatecollege@boisestate.edu
Online Graduate Overall Median Earnings:
$74,172
Why We Picked It:
Boise State’s program offers a strong curriculum with a history of high CPA pass rates, flexibility for working professionals, and AACSB accreditation. The emphasis on continuous adaptation to the industry and the online learning experience ensures graduates are well-prepared.
#14 in Best Online Accounting Master's Degree Programs in 2024
Bay Path University
Program Accredited By: New England Commission of Higher
Online Program Information:
Cost per Credit:
$855
Contact: admiss@baypath.edu
Online Graduate Overall Median Earnings:
Not Provided
Why We Picked It:
Bay Path's program offers career-focused concentrations and flexible learning options, including tailored advisement for CPA requirements and scholarship opportunities. However, its higher cost and focus on Massachusetts grad accounting students may limit its appeal to a broader audience.
#15 in Best Online Accounting Master's Degree Programs in 2024
George Mason University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$997
Contact: admissions@gmu.edu
Online Graduate Overall Median Earnings:
$83,562
Why We Picked It:
George Mason's MSA program features a blend of required courses and electives, a significant focus on global exposure through the global residency, and strong career outcomes. However, the cost per credit is high compared to other programs.
#16 in Best Online Accounting Master's Degree Programs in 2024
University of Miami
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
Contact: admission@miami.edu
Online Graduate Overall Median Earnings:
$89,340
Why We Picked It:
The University of Miami's program stands out for its customizable options, focus on CPA and other certifications, and strong faculty support. The high median earnings of graduates indicate a potential return on investment, although detailed curriculum information is not provided.
Technologies and Skills Used for Careers in Accounting
Accounting software
Analytical or scientific software
- DQO-PRO
- Tibco Scribe Software
Basic Skills
- Listening to others, not interrupting, and asking good questions
- Reading work related information
#17 in Best Online Accounting Master's Degree Programs in 2024
Western New England University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$975
Contact: learn@wne.edu
Online Graduate Overall Median Earnings:
$85,792
Why We Picked It:
The program meets CPA requirements in Connecticut and Massachusetts, offers flexibility, and is delivered by experienced faculty. However, its higher cost and focus on specific state licensure may reduce its appeal.
#18 in Best Online Accounting Master's Degree Programs in 2024
Rider University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$1,010
Contact: admissions@rider.edu
Online Graduate Overall Median Earnings:
$86,060
Why We Picked It:
Rider University's program boasts dual AACSB accreditation and a variety of concentration areas. The lack of GRE/GMAT requirement and discounts for partner organizations make it appealing, but the high cost per credit might be a barrier for some students.
#19 in Best Online Accounting Master's Degree Programs in 2024
Seton Hall University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$1,350
Contact: thehall@shu.edu
Online Graduate Overall Median Earnings:
$91,727
Why We Picked It:
Seton Hall's program offers preparation for the CPA exams with a comprehensive curriculum and personalized advisement. However, its higher cost per credit and the regional focus on New York and New Jersey may not appeal to all students.
#20 in Best Online Accounting Master's Degree Programs in 2024
Brenau University
Program Accredited By: Accreditation Council for Business Schools and Programs
Online Program Information:
Cost per Credit:
$785
Contact: admissions@brenau.edu
Online Graduate Overall Median Earnings:
Not Provided
Why We Picked It:
With a focus on CPA exam preparation and small class sizes, Brenau University offers a strong program. However, its higher tuition costs and the detailed focus on the CPA exam might limit the program's accessibility and appeal to a broader student base.
#21 in Best Online Accounting Master's Degree Programs in 2024
The University of Texas Rio Grande Valley
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$472
Contact: admissions@utrgv.edu
Online Graduate Overall Median Earnings:
$57,162
Why We Picked It:
UTRGV's accelerated online MACC program's affordability and specialization opportunities are notable. The concise 12-month completion time and extensive selection of graduate business electives are advantageous, although the program's focus on Texas CPA exam eligibility may limit appeal to non-Texas residents.
#23 in Best Online Accounting Master's Degree Programs in 2024
Syracuse University
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
Contact: admissions@onlinebusiness.syr.edu
Online Graduate Overall Median Earnings:
$88,160
Why We Picked It:
Syracuse University's program offers a robust curriculum with opportunities for a second master’s degree. However, the flexibility and career services available might not fully justify the higher cost for some students.
#24 in Best Online Accounting Master's Degree Programs in 2024
Saint Joseph's College of Maine
Program Accredited By: New England Commission of Higher
Online Program Information:
Cost per Credit:
$591
Contact: admissions@sjcme.edu
Online Graduate Overall Median Earnings:
Not Provided
Why We Picked It:
While Saint Joseph's College provides a community-focused education and a wide range of program offerings, the lack of detailed summary data about the master's program and its outcomes places it toward the lower end of the ranking.
#25 in Best Online Accounting Master's Degree Programs in 2024
Albertus Magnus College
Program Accredited By: International Accreditation Council for Business Education
Online Program Information:
Cost per Credit:
$924
Contact: admissions-pgs@albertus.edu
Online Graduate Overall Median Earnings:
Not Provided
Why We Picked It:
Albertus Magnus College's emphasis on engaged learning, small class sizes, and flexible scheduling options are positive aspects. However, the higher cost per credit and focus on hands-on experience and faculty investment might not align with all students’ priorities.
#26 in Best Online Accounting Master's Degree Programs in 2024
University of Hartford
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
$814
Contact: admission@hartford.edu
Online Graduate Overall Median Earnings:
$87,966
Why We Picked It:
The program's strengths include CPA and CMA exam eligibility and flexible online format, but its higher tuition rate and the need for additional expenses consideration might detract from its overall appeal.
#27 in Best Online Accounting Master's Degree Programs in 2024
Edgewood College
Program Accredited By: Accreditation Council for Business Schools and Programs
Online Program Information:
Cost per Credit:
$779
Contact: gps@edgewood.edu
Online Graduate Overall Median Earnings:
$73,814
Why We Picked It:
Edgewood College's MSA program offers a mix of business and accounting courses with discounts for CPA review programs. However, the program's relatively high cost and focus on personalized advisement and career networking place it lower in the ranking.
#28 in Best Online Accounting Master's Degree Programs in 2024
Liberty University
Program Accredited By: Accreditation Council for Business Schools and Programs
Online Program Information:
Cost per Credit:
$565
Contact: admissions@liberty.edu
Online Graduate Overall Median Earnings:
$67,089
Why We Picked It:
Liberty's program offers a flexible 8-week course format and specialization options. The emphasis on military benefits and the possibility of transferring credits are attractive, but the program's lower median earnings potential affects its ranking position.
#29 in Best Online Accounting Master's Degree Programs in 2024
SUNY Polytechnic Institute
Program Accredited By: Association to Advance Collegiate Schools of Business
Online Program Information:
Cost per Credit:
In-State: $471
Out of State: $565
Contact: admissions@sunypoly.edu
Online Graduate Overall Median Earnings:
$73,152
Why We Picked It:
SUNY Poly's program is appealing due to its clear focus on CPA licensure and professional preparation. However, the cost information's omission and limited details about the program's unique features affect its overall ranking.
What Jobs Can You Get With an Online Accounting Master's Degree?
Earning an online Master's degree in Accounting opens a wide array of career opportunities in various sectors. The advanced knowledge and skills gained from such a program can lead to high-level positions in accounting, finance, and business. Here are some of the job titles you might pursue with this degree:
Certified Public Accountant (CPA): As a CPA, you could work in public accounting firms, providing audit, tax, and consulting services. Many CPAs also hold prominent positions in corporate finance departments.
Forensic Accountant: Specialize in investigating financial crimes and disputes. You might work for law enforcement agencies or legal firms, delving into complex financial records to uncover evidence of fraud or embezzlement.
Management Accountant: Also known as a corporate or cost accountant, you'd be involved in budgeting, performance evaluation, cost management, and asset management within a company.
Financial Analyst: Analyze financial data to help businesses make informed decisions. You could work in investment banks, corporations, or government agencies to assess investment opportunities and advise on financial strategies.
Internal Auditor: Conduct audits within an organization to ensure compliance with laws, regulations, and internal policies. Internal auditors also recommend improvements for operational efficiency and risk management.
Government Accountant: Oversee the allocation of public funds and conduct audits on government agencies. Your role ensures transparency and accountability in the use of taxpayer money.
Chief Financial Officer (CFO): In this executive role, you'd oversee an organization's financial operations, including investments, budgeting, forecasting, and financial reporting.
Accounting Professor: With a passion for education and academia, you can shape future accountants by teaching at the college or university level.
Information Technology (IT) Accountant: Combine your accounting expertise with IT knowledge to manage financial systems and ensure the integrity of financial data in technologically-driven environments.
These positions often require additional certifications or licenses beyond the master's degree. For instance, becoming a CPA typically requires passing the Uniform CPA Examination and meeting state-specific requirements.
Additionally, these roles can vary significantly depending on the size and type of organization you work for. Smaller companies might offer more generalized roles with a broader scope of responsibilities, while larger firms often provide more specialized positions.
The skills developed during your online Master's in Accounting program—such as analytical thinking, problem-solving, ethical judgment, and communication—are highly valued across industries and can lead to a rewarding career path with strong potential for growth.
Frequently Asked Questions (FAQs) About Online Accounting Master's Degree Programs
What are the prerequisites for enrolling in an online Master's in Accounting program?
- A bachelor's degree, often in accounting or a related field.
- Certain programs may require GMAT or GRE scores, though waivers are sometimes available.
- Relevant work experience can be beneficial, though not always mandatory.
- Completion of foundational courses in accounting and business may be required if your undergraduate degree is in a different field.
How long does it typically take to complete an online Master's in Accounting?
- Full-time students can usually complete their degree in 1 to 2 years.
- Part-time students may take longer, often up to 3 or 4 years, depending on the program structure and individual pace.
Can I sit for the CPA exam after completing an online Master's in Accounting?
- Most programs are designed to meet the educational requirements for the CPA exam.
- Ensure the program is accredited by AACSB or ACBSP as most state boards require credits from an accredited program.
- Check specific state requirements as they can vary.
Are online accounting master's degrees respected by employers?
- Degrees from accredited programs are widely respected.
- Employers often value the flexibility and time management skills demonstrated by graduates of online programs.
What kind of accreditation should I look for in an online Master's in Accounting program?
- Regional accreditation from one of the six regional accrediting bodies recognized by the U.S. Department of Education.
- Programmatic accreditation from AACSB or ACBSP for business and accounting programs.
What are typical courses I can expect to take in an online Master's in Accounting program?
- Advanced Financial Accounting and Reporting
- Auditing Theory and Practice
- Taxation
- Business Law for Accountants
- Management Accounting
- Ethics in Accounting
- Information Systems for Accountants
What are the technical requirements for online learning?
- Reliable internet connection
- Computer with updated operating system and software
- Webcam and microphone for interactive sessions
- Access to required software, such as accounting packages or spreadsheets
Will I have access to the same resources as on-campus students?
- Online students often have access to libraries, tutoring, career services, and academic advising.
- Many institutions also provide technical support specifically for online learners.
How do I choose the best online Master's in Accounting program for me?
Consider the following factors:
- Accreditation status
- Curriculum and specializations offered
- Faculty qualifications
- Program outcomes like graduation rates and employment statistics
- Affordability and availability of financial aid
- Flexibility of course schedules and format (synchronous vs. asynchronous)
- Reputation of the institution and program within the industry
Can I work while completing my online Master's in Accounting?
- Many programs are designed for working professionals, offering asynchronous courses that allow you to study at your convenience.
- Time management is crucial, but many students successfully balance work commitments with their studies.