A master's degree in accounting can lead to a variety of careers in the accounting and auditing field. An online master's degree in accounting program can be a viable option for those who want to keep working full time while earning an advanced degree.
Online Master's Degree In Accounting Program
A traditional master's degree program typically takes 2 years to complete after earning a bachelor's degree. However, online master's degree in accounting classes run on your schedule so students can set their own pace as they go. According to the Bureau of Labor Statistics (BLS), typical coursework in this program could include accounting, auditing, economics, finance, management, mathematics, statistics, and more.Online Master's Degree in Accounting Careers
The 4 major career fields in accounting are:- Public Accounting. Public accountants perform accounting, tax, auditing, and consulting services for multiple clients. They work for an accounting firm or own their own business.
- Management Accounting. Management accountants are responsible for budgeting, analyzing, strategizing, and managing costs and assets for a single corporation. They work as part of a management team.
- Government Accounting. Government accountants examine the financial records and budgets of government agencies and government-related private businesses. They are primarily focused on the legality of financial activity.
- Internal Auditing. Internal auditors are responsible for the ensuring the accuracy, legality, efficiency, and efficacy of a corporation by detailed analyses of its finances. Their primary goal is to eliminate waste, fraud, or mismanagement of funds.
Online Master's Degree in Accounting Salary Overview
Earning an online master's degree in accounting typically leads to higher than average earnings. A May 2009 BLS study reports the following annual mean wage salaries:- Public accountants $73,920
- Management accountants $66,330
- Local government accountants $57,490
- State government accountants $54,040
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