Best Online Master's Degree Accounting Programs of 2022 (2022)

A master's in accounting online is a graduate degree that teaches students advanced accounting and financial analysis skills. Attendees learn how to prepare and interpret financial statements and use accounting to make business decisions.

Many programs offer concentrations in auditing, taxation, and forensic accounting. Classes may be a mix of core and elective courses. Online accounting courses may cover tax law, financial management, and financial reporting.

According to the National Center for Education Statistics (NCES), enrollment in online courses has increased significantly in recent years. As of 2019, the NCES reported that 42.3% of graduate students were enrolled in at least one distance education course. This number has undoubtedly increased over the course of the pandemic.

The Bureau of Labor Statistics projects the accounting profession will grow by 7% from 2020 to 2030. Accountants with advanced degrees have more opportunities for career progression. Skills learned in a master's program help accountants keep up with the ever-changing technological landscape to better serve both management and clients.

What to Expect From a Master's in Accounting Online

The requirements for a master's in accounting vary among schools and programs. Similar to on-campus master’s degrees programs, admission to some online master's in accounting programs require a bachelor's degree in accounting or a related field. Some programs also require you to take the Graduate Management Admission Test (GMAT) or a similar exam.

Students can specialize in auditing and financial reporting. They may also focus on one of the following: tax planning and compliance, business or financial analysis, or government contracting. Students also learn about accounting software and other technologies.

Learn more about the best on-campus accounting graduate degrees

How Does an Online Accounting Degree Differ From an On-Campus Master's?

Campus classes provide a more traditional college experience, offering face-to-face interaction with professors and classmates. Online classes provide students with more autonomy and allow students to learn at an individualized pace. Students who thrive in more structured learning environments may prefer campus classes.

Online programs make college degrees more accessible for many students — particularly those who are working full time, have family obligations, or live far from the college campus.

Similar to on-campus degrees, academic excellence is the standard for online master’s in accounting programs. These degrees require students to complete coursework and assessments to achieve student learning outcomes.

Some online master’s in accounting programs require students to log in during scheduled class times. Many are asynchronous, meaning students can access lectures and other materials at their convenience.

Attendees study at their own pace, completing assignments when they have time. For working professionals with obligations outside of school, distance learning can be a great option.

Both formats allow accounting students to network and build relationships with professors and other students. However, graduate students completing online programs may pay lower tuition costs due to program length, textbook-free learning options, or online-specific scholarship options.

Comparing Online and On-Campus Master's in Accounting Degrees
FactorOnline ProgramOn-Campus Program
Cost$485-$940 per credit$700-$1,800 per credit
Course Load24-30 credits24-48 credits
Program Length1-2 years1-6 years
Scheduling100% online accounting programs are available. Synchronous formats allow students to complete coursework on their own schedule. Asynchronous programs arrange virtual “live” classroom sessions.Classes take place in a physical classroom at scheduled times. Some programs offer hybrid formats that include both a physical classroom and asynchronous courses.

Sources: Brenau University, Franklin University, Indiana University, Liberty University, NC State University, North Central University, Purdue Global,Seton Hall University, Syracuse University, Syracuse University (Online), Western Michigan University

Students should also consider textbook costs and other materials when comparing online and in-person program expenses. In-person programs may have higher tuition costs than online programs, on-campus students often have to pay for room and board.

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Delivery Formats for Online Accounting Degrees

Online master's in accounting degrees are available in two formats. The hybrid model combines online and classroom learning. Students who prefer this approach complete some of their courses online and others in a traditional classroom.

Hybrid and 100% Online Accounting Program Models

An advantage of the accounting hybrid online model is that students can enjoy the flexibility of online learning while periodically interacting in person with classmates and instructors. Video conferencing and scheduled discussions are two examples of face-to-face interactions allowing students and professors to interact in real time.

A 100% online accounting model is more flexible and convenient for students. They complete their coursework on their own time and at their own pace. This format also eliminates the need for students to commute to a physical campus. Students interact with classmates and instructors online only.

Synchronous or Asynchronous Learning

Colleges and universities may structure programs in synchronous or asynchronous formats. Asynchronous learning allows students to complete coursework on their own schedule. Synchronous learning requires attendance at specific times.

Both asynchronous and synchronous learning offer advantages and disadvantages. Asynchronous learning can be more flexible for students, but individuals may fall behind if they do not keep up with the material.

Accelerated

Some institutions offer accelerated online accounting degree programs that enable students to earn their degrees in a shorter time frame. Many schools use these programs to attract students who want to complete their degrees more quickly. Students should confirm the requirements of an accelerated degree program before applying.

Accreditation for Online Master's in Accounting

Accreditation matters to an online master's in accounting. Accreditation assures potential employers that a school or program provides high-quality education. Credits from accredited institutions are more likely to transfer to other colleges or universities. To gain accreditation, schools must meet standards set by a third-party accrediting agency.

The U.S. Department of Education recognizes two types of educational accreditation: institutional and programmatic. Institutional accreditation typically applies to the entire institution. Programmatic, or specialized, accreditation usually applies to programs, departments, or schools that are part of an institution.

The Association to Advance Collegiate Schools of Business (AACSB International) accredits many accounting programs. Another accrediting body for accounting programs is the Accreditation Council for Business Schools and Programs (ACBSP).

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State Authorization

The state authorization process protects distance learners who live in a different state than where their college or university is physically located. This guarantees that the school legally operates in the state(s) where it serves student populations.

State-authorized institutions are eligible for state financial aid. If your college is not state-authorized, it may still be eligible for federal financial aid.

How Much Will an Online Accounting Master's Cost?

Several factors influence the cost of a master's degree in accounting. The type of accounting master’s degree you pursue may affect program costs. Two types of accounting master's degrees are the master of science in accounting and the master of accountancy. Students may also earn a master of business administration in accounting.

Program duration, technology fees, and textbook expenses may influence total program costs. Other considerations include tuition credits, transfer credits, occupational earning potential, and university resources. For instance, many online master's in accounting degree programs employ subject matter experts to ensure students meet CPA exam qualifications.

According to the NCES, the average graduate tuition and fees at public institutions reached $12,410 in the 2019-20 academic year, while the average at private institutions was $26,597. The cost of an online master's in accounting can vary depending on the school. In-state tuition is usually cheaper than out-of-state tuition.

There are many ways to finance your master's in accounting. Some learners apply for scholarships, grants, or student loans to help pay for their online master’s in accounting. Others take advantage of employer tuition reimbursement programs to offset degree costs.

Learn more about accounting scholarships

Check out the top affordable master's in accounting

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Why Get Your Master's in Accounting Online?

Online master’s in accounting degrees can save students time and money compared to traditional campus-based programs. Many schools allow students to enroll full or part time. Enrollees may attend classes online or through a hybrid approach, which combines virtual and on-campus formats.

Wiley Education Services' 2020 survey of online college students found that 79% of those who also learned in a face-to-face setting felt their online experience was the same as or better than the classroom experience. Likewise, 79% of those completing an online degree agreed that it was worth the cost.

Master's in accounting online programs provide students with the skills and experience necessary for accounting leadership roles. For example, certified public accountants (CPAs) are among the highest-paid accounting professionals. In order to become a CPA, you need at least 150 credits of education to pass the CPA exam. Core courses cover test content to prepare aspiring accountants for the CPA exam.

Pros

  • Ability to learn anywhere in the world
  • More flexible schedule
  • Can be cheaper than traditional college

Cons

  • Online programs may not offer the same resources a brick-and-mortar school provides.
  • May need to be more self-motivated when pursuing an online degree.
  • Can be a lack of connection between student and instructor.

The Top Online Accounting Master's Degree Programs

Learners interested in an online master's in accounting can explore five of the nation's best programs for 2022. We rank schools based on factors like academic quality and school/program reputation. The link below provides more information about our method.

Read our ranking methodology

  1. Franklin University

    Location

    Columbus, OH

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    Located in Ohio, Franklin specializes in programs for nontraditional learners. Students can pursue flexible undergraduate and graduate degrees. Enrollees benefit from affordable tuition, generous transfer policies, and free academic support resources.

    MS in Accounting

    Franklin's MS in accounting helps prepare learners for career advancement. The 30-credit degree builds on prior accounting coursework at the bachelor's level. Enrollees examine financial accounting theory and management control processes and systems. All accounting students complete a course in tax or accounting research.

    Participants customize the MS in accounting with one of two focus areas: taxation or financial operations. They apply accounting research strategies during a capstone course. Students can complete the degree entirely online in about 17 months.

    Enrollees can also take courses on campus or in a hybrid format. Franklin notes that top employers hire graduates of this accounting program.

    Applying to Franklin

    Admission requires a bachelor's degree, minimum 2.5-2.75 GPA, and prerequisite accounting coursework. Students do not need GRE or GMAT scores to apply to this program.

    Program at a Glance

    • School Type: Private
    • Accreditation: Higher Learning Commission, International Accreditation Council for Business Education
    • Tuition: $670/credit
    • Required Credits: 30
    • Program Length: 17 months
    • Delivery Format: 100% online (asynchronous), hybrid, or on campus
  2. Founded as a female seminary, Brenau offers programs on three Georgia campuses. The university operates women's and coed colleges for undergraduates, and enrolls men and women in graduate programs. Graduate students can complete many programs in an accelerated online format.

    Master of Accounting

    Brenau offers a master's in accounting entirely online. Enrollees receive preparation for the certified public accountant (CPA) and certified management accountant (CMA) exams. The 30- to 33-credit curriculum develops skills in areas such as financial management, fraud prevention, and internal control.

    Students can use elective courses to explore specialties such as estate and trust taxation. The curriculum includes CPA and CMA exam questions and simulations. Small classes promote personalized learning, and seven-week terms accelerate degree completion.

    Applying to Brenau

    Admission to the program requires a bachelor's degree and prerequisite accounting courses. The application process does not require GRE or GMAT scores.

    Program at a Glance

    • School Type: Private
    • Accreditation: Southern Association of Colleges and Schools Commission on Colleges, Accreditation Council for Business Schools and Programs
    • Tuition: $755/credit
    • Required Credits: 30-33
    • Delivery Format: 100% online (asynchronous)
  3. Liberty University

    Location

    Lynchburg, VA

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    A Christian college located in Virginia, Liberty offers 450 online degrees. Students can also pursue degrees on campus in Lynchburg. Liberty's generous credit transfer policy can help enrollees finish their degrees faster. The university offers tuition discounts for military personnel.

    MS in Accounting

    Students can complete Liberty's 30-credit MS in accounting online in just one year. The customizable curriculum helps prepare learners for the certified public accountant exam. Enrollees develop advanced accounting skills like cost accounting and auditing.

    Students in the general track can use elective credits to explore several accounting paths. Alternatively, enrollees may opt for a specialization such as taxation, financial services, or audit and financial accounting. The forensic accounting specialization trains accountants to investigate fraud and embezzlement cases.

    All enrollees learn how to incorporate ethics in the accounting profession. Students take classes in eight-week asynchronous sessions. Learners can transfer up to 50% of the MS in accounting's credits from another accredited program.

    Applying to Liberty

    Admission to the MS in accounting requires a bachelor's degree, a minimum 3.0 GPA, and prerequisite accounting courses. Liberty requires no GRE or GMAT scores.

    Program at a Glance

    • School Type: Private
    • Accreditation: Southern Association of Colleges and Schools Commission on Colleges, Accreditation Council for Business Schools and Programs
    • Tuition: $565/credit
    • Required Credits: 30
    • Program Length: 12 months
    • Delivery Format: 100% online (asynchronous)
  4. Seton Hall is one of the nation's leading Catholic colleges. The school enrolls about 10,000 students on campus in South Orange, New Jersey, and online. Seton Hall maintains status as a hub of academic excellence.

    MS in Accounting

    Seton Hall designed the MS in accounting for students with a limited accounting background. The 30-credit degree provides preparation for the certified public accountant exam in New York and New Jersey. Online learners can complete the degree asynchronously in 18-20 months. Enrollees study areas such as financial reporting and auditing standards and problems.

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    All participants complete a commercial law course that explores topics like contract law, sales, and bailments. Students can network with alumni working at prestigious firms. Seton Hall notes that Big Four accounting firms and other prominent companies actively recruit the program's graduates.

    Applying to Seton Hall

    Admission to the MS in accounting requires a bachelor's degree and a minimum 3.0 GPA. Seton Hall offers GRE/GMAT waivers for some applicants.

    Program at a Glance

    • School Type: Public
    • Accreditation: Middle States Commission on Higher Education, AACSB International
    • Tuition: $1,350/credit
    • Required Credits: 30
    • Program Length: 18-20 months
    • Delivery Format: 100% online (asynchronous) or on campus
  5. North Carolina State University at Raleigh

    Location

    Raleigh, NC

    Tuition

    $14958

    NC State specializes in science, technology, engineering and math programs. The school, which emphasizes learning by doing, enrolls about 36,000 students. NC State offers over 100 online programs.

    Jenkins Master of Accounting

    Students can earn this online master of accounting at their own pace. The program caters to early- and mid-career professionals. Students receive preparation for the certified public accountant exam.

    The 31-credit curriculum covers topics like financial accounting and advanced auditing. Enrollees use elective credits for one of three concentrations: IT, tax strategy, or enterprise risk management.

    NC State notes that first-time CPA pass rates for its graduates regularly exceed the national average. Most students complete the degree online in 18-36 months. Some students graduate in as little as a year, while others take up to six years. Non-accounting majors can complete prerequisite courses through the self-paced ASAP program.

    Applying to NC State

    Admission to the program requires a bachelor’s degree in accounting, or a bachelor's in a non-accounting major plus prerequisite accounting courses. Applicants must demonstrate high academic performance and submit GMAT scores.

    Program at a Glance

    • School Type: Public
    • Accreditation: Southern Association of Colleges and Schools Commission on Colleges, Association to Advance Collegiate Schools of Business
    • Tuition: $505.28/credit (in state); $1504.56 (out of state)
    • Required Credits: 31
    • Program Length: 1-6 years
    • Delivery Format: 100% online (asynchronous) or on campus

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Questions About an Online Master's in Accounting

How long does it take to get a master's degree in accounting online?

There is no one-size-fits-all answer to this question. The time to complete a master's degree in accounting online depends on each specific program and students' individual circumstances. Most accounting graduate students complete their online programs in 12-24 months.

How much is an online degree in accounting?

Per-credit tuition for a master's in accounting online degree ranges from $500-$1,800, depending on the school. The average online master's in accounting degree costs anywhere from $24,000-$72,000.

Is an online accounting master's valuable?

According to Payscale, the average annual salary for an accountant with a master's degree is $74,000. Those with a bachelor's degree in accounting earn an average of $67,000 — a difference of over 10%. A master's program also helps students rack up the 150 credit hours typically required to complete the CPA exam.

Is studying accounting online hard?

Online accounting master's programs offer flexibility to working professionals seeking advancement opportunities. Studying accounting online may appear difficult because of course requirements. However, many school resources for accredited online programs help set up students for professional growth and success.

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FAQs

Which masters degree is most in demand 2022? ›

5 Most In-Demand Master's Degrees in 2022
  • Business administration. A Master of Business Administration, or MBA, is one of the most highly sought-after master's degrees globally and a stepping stone to C-suites jobs at big organisations. ...
  • Healthcare administration. ...
  • Computer science. ...
  • Marketing.
14 Jan 2022

What is the best masters degree to get in accounting? ›

“What might that be?” Well, there are two types of master's degree programs within the subject of accounting. Depending on your interest and desired outcome, you may want to choose a Master's of Accounting degree program or a Master of Business Administration (MBA) degree program with an emphasis in accounting.

Which masters degree is most in demand in future? ›

Best Graduate Degrees for the Future
  • Marketing.
  • Human resources.
  • Business ethics.
  • Business law.
  • Accounting.
  • Finance.
  • Economics.
  • Business policies.

What is the fastest master degree program? ›

Fastest Program: 12 Months

The fastest degree offered is the master of business administration; this accelerated MBA takes just 12 months to complete. The traditional MBA can still be completed in just under two years, with enrolled students taking only one course at a time.

Is a masters degree worth it in 2022? ›

Having a master's degree may be very good for your job prospects. In fact, there are some jobs that outright require them. If you're looking for work as a statistician, political scientist, biomedical engineer, or speech-language pathologist, a master's degree is often expected.

Which masters degree are highly paid? ›

A master's degree is one of the most prestigious educational degrees available in the U.S., and can lead to a well-paying career in one of several industries. Some of the highest-paying master's degrees are in nursing and computer science, but psychologists, economists, and mathematicians rank highly too.

Is a Masters in Accounting worth it? ›

A master's degree in accounting is worth it because it can be the boost you need to a higher-level position in banking, taxation, insurance or any company with a financial division. You can gain superior analytical skills, deepen your knowledge of accounting principles and learn the latest technology.

What masters should I do after accounting? ›

What careers can you get into with a postgraduate accounting and finance degree?
  • ACCA.
  • MSc Accounting and Finance.
  • MSc Accounting and Finance (Master's Stage)
  • MSc Accounting and Financial Management.
  • MSc Finance and Investment.

How many years is Master's degree in accounting? ›

Most students typically complete their master's degree in accounting within two years. This is assuming that they already hold an undergraduate degree and are enrolled as a full-time student, as enrollment status can impact the amount of time it takes to complete an accounting degree.

What degree is most in-demand? ›

The 10 Most In-Demand Majors of 2022
  • Engineering.
  • Business.
  • Nursing.
  • Hospitality.
  • Education.
  • Computer Science.
  • Architecture.
  • Pharmaceutical Sciences.

How do I choose a masters degree? ›

If you're starting out on the journey towards finding the right master's program, here are some stages to follow:
  1. Choose a university. ...
  2. Decide on a specialization. ...
  3. Consider the length of the program. ...
  4. Investigate the curriculum. ...
  5. Think about your career prospects.

Is it worth getting a Masters in business? ›

An MBA is only worth the expense, time, and effort when the graduate plans to work in a business-related field, in management, or as a company founder. An MBA may not be useful for those working in other industries unless they are in management or leadership roles.

What is the easiest online masters program? ›

Easiest Online Masters Degree Programs
  • Business Administration.
  • Communications.
  • Criminal Justice.
  • Education & Teaching.
  • Educational Leadership.
  • Healthcare Administration.
  • Human Resources.
  • Human Services.
28 Sept 2022

Can you do a masters in 6 months? ›

Yes, a 6-month master's program is, more often than not, as good as any other traditional full-time or part-time master's program.

Can you finish a master's degree in 1 year? ›

Typically, earning a master's degree takes two years. But many colleges and universities offer one-year master's degrees in high-demand fields like business, healthcare administration, education, and social work. Earning a master's degree in one year can save you time and money on your degree.

Are online Masters worth it? ›

Yes. Advanced degrees completed online have just the same value as if you were to attend class in person. Just look for one that's verified by one of the many accrediting agencies out there and backed up by U.S. News & World Report's highest level higher education rankings.

Is a 1 year Masters degree worth it? ›

So, can a Master's degree be completed in one year and still be worth the investment? Many universities and employers say “yes”. In fact, employers don't really care if you finish your Master's in 1 or 2 years, but want to know that you graduated and that you have the right skill-set for the job.

How much should you spend on a Masters degree? ›

The cost of a Master's degree typically ranges between $30,000 and $120,000 depending on the school, the major, and the length of the program. The average cost of a Master's degree is $66,340. A Master's degree in Education typically costs $55,200. On average, the cost of a Master's degree in Arts is usually $72,800.

How much should a master's degree increase your salary? ›

Master's degree

The earnings increase from the bachelor's level to the master's level is approximately 20%. Specifically, the median income for master's degree holders is $77,844 per year, and the unemployment rate is 2%.

Are two masters degrees equivalent to a Phd? ›

If you have one doctorate, you've achieved the doctoral level. A second (or higher) master's keeps you at the master's level. It can give you greater breadth, but that's not the same as greater depth. It's also not the same level of credential, especially for administrative positions, which often require a doctorate.

What is the best thing to study in 2022? ›

The 10 Most In-Demand Majors of 2022
  • Engineering.
  • Business.
  • Nursing.
  • Hospitality.
  • Education.
  • Computer Science.
  • Architecture.
  • Pharmaceutical Sciences.

What should I study in university 2022? ›

9 Popular Disciplines to Study in 2022 and Lucrative Careers After Graduation
  • Engineering degrees – become a master of technology to build better products. ...
  • Computer Science degrees – learn to speak "machine" and improve the web. ...
  • Design degrees – make the transition from sketches to appealing images.
17 Jan 2022

Which masters are in demand in USA? ›

The Master of Business Administration or MBA is one of the most coveted master's degrees in the world. Business Administration graduates are experts in a wide range of skills which include among many, the following; effective communication, time management, customer service, problem-solving, and organizational skills.

What field of study is in high demand? ›

Overall, the top growth career fields are: Engineering –software engineers to more traditional avenues are needed. Healthcare – nurses, therapists and healthcare managers are in demand. Finance – demand for accountants, economists and financial planners is high.

What is the hardest major in 2022? ›

#1 Chemistry

According to the average Grade Point Average of students in the program, Chemistry wins the prize title hardest major. A Chemistry major overlaps somewhat with biology, but chemistry extends beyond living things.

Is an accounting degree worth it? ›

The short answer is a resounding yes. If you want to work in accounting, finance or business, getting a bachelor's or master's degree in accounting is a great investment in your career.

Which is the hardest degree in the world? ›

It is believed that a Bachelor of Science in Nursing or BSN is the toughest course in the world as per the Guinness Book of World Records along with courses like MBBS, BCom, IAS, IPS and Engineering, etc.

What is the most useful degree? ›

Here is a list of the most useful college majors based on post-graduate employment and median annual wage as noted by the Bureau of Labor Statistics:
  • Biomedical engineering. ...
  • Computer science. ...
  • Marine engineering. ...
  • Pharmaceutical sciences. ...
  • Computer engineering. ...
  • Electrical engineering. ...
  • Finance. ...
  • Software engineering.

What is the most prestigious degree? ›

RankDegree subject% high meaning
1Petroleum Engineering72%
2Electrical Engineering and Computer Science (EECS)44%
3Applied Economics and Management69%
4Operations Research48%
6 more rows

What is the most competitive degree? ›

10 Most Competitive College Majors
  1. Psychology. Psychology is probably the most common social science major I see high school students declaring on their college applications. ...
  2. Communications. Communications is another common major among undergraduate students.
  3. The Arts (Music, Theater, Film) ...
  4. Engineering. ...
  5. Pre-Med or BS/MD.
15 Nov 2019

How do I choose the right Master program? ›

Tips for Choosing a Graduate School
  1. Take inventory of your passions and motivations. ...
  2. Do your research and explore your options. ...
  3. Keep your career goals in mind. ...
  4. Make sure the program fits your lifestyle. ...
  5. Consider your finances. ...
  6. Talk to admissions advisors, students, and alumni. ...
  7. Network with faculty.
20 Sept 2021

Is Master of Accounting MA or MS? ›

Master of Accountancy (MAcc), Master of Arts (MA) in Accounting/Accountancy, and Master of Professional Accountancy (MPAC or MPA): These degree titles are largely treated the same in the career field; all three are professional-track degrees that typically qualify graduates to sit for the Uniform CPA Exam.

Which field is best for masters in USA? ›

Top Masters Courses to Study in USA:
  • Engineering.
  • Business Administration Management.
  • Computer science and Information technology.
  • Medicine and Life sciences.
  • Mathematics.
  • Art and culture.
31 Aug 2021

What degree is easiest to get a job? ›

That being said, these degrees do offer many great career opportunities and are well-suited for those who are genuinely interested in pursuing them.
...
Let's get to it!
  1. Theatre. ...
  2. Creative Writing. ...
  3. Social Work. ...
  4. History. ...
  5. Communications and PR. ...
  6. Women's Studies. ...
  7. Religious Studies. ...
  8. Foreign Language.

What career makes the most money? ›

Here are the highest paying jobs of 2022:
  • Anesthesiologist: $208,000.
  • Surgeon: $208,000.
  • Obstetrician and Gynecologist: $208,000.
  • Orthodontist: $208,000.
  • Oral and Maxillofacial Surgeon: $208,000.
  • Physician: $208,000.
  • Psychiatrist: $208,000.

What are the easiest degrees to get? ›

The 16 Easiest College Majors – 2022 Rankings
  • Psychology.
  • Criminal Justice.
  • English.
  • Education.
  • Religious Studies.
  • Social Work.
  • Sociology.
  • Communications.
11 Sept 2022

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