Accounting has been called “the language of business.” That language has expanded to fit our modern business and technological age and has become more complex. We live in a global economy, requiring more advanced, accountable systems to maintain a robust economy. To position yourself in this new business world, an online Master’s in accounting degree is a must.
Who Are Accountants?
Every business, no matter how large or small, requires someone who can do basic bookkeeping, finance analysis, cost and income tracking, local, state, and federal tax regulation compliance, and ethical business practices assurance. Today’s economy is also an international one, with global markets and businesses requiring experts in accounting policies and procedures.
These financial areas, among others, are the domain of accountants.
Accountants should have, at a minimum, a bachelor’s degree in accounting. If you have career ambitions to move into leadership or executive management, a graduate degree in accounting will be your best bet.
What Does a Master’s Degree Mean for an Accountant?
A Master’s degree will open more opportunities. If you want to become a Chief Financial Officer or a Chief Operating Officer in a business or corporation, a graduate degree in accounting is a must. An advanced degree will equate to more salary and benefits.
Master’s degrees in accounting are offered through schools or colleges of business. They are either stand-alone degrees or a specialty in an MBA program. Either option will help set you on a career path to executive management or leadership positions.
What Are the Best Online Master’s in Accounting?
Online College Plan uses data from the National Center for Education Statistics to determine the best programs. We factor in how robust the school’s online education is, how well that school delivers on its promises, how affordable the program is, and how selective the school is as a whole. For more information, see our methodology page.