In today’s digital world, more and more students are turning to online education to further their careers, especially in fields like accounting. If you’re considering pursuing a master’s degree in accounting, but prefer the flexibility and convenience of studying online, you’re not alone.
Online education offers a host of benefits, including the ability to balance your education with work or personal commitments, all while learning from accredited, top-tier institutions.
With so many options available, it can be difficult to navigate the sea of online master’s programs in accounting. This comprehensive guide will walk you through the top online accounting master’s programs for 2024, exploring their key features, benefits, and what makes them stand out in a crowded field.
Whether you’re interested in becoming a CPA, an auditor, or a financial manager, this guide will help you find the best online program to meet your career goals.
Why Choose an Online Master’s in Accounting?
Before diving into the best programs available, it’s important to understand why pursuing an online master’s degree in accounting could be the right choice for you. Here are some key benefits:
- Flexibility: Online programs allow students to complete coursework at their own pace, which is ideal for those juggling work, family, or other commitments.
- Cost-Effective: In many cases, online programs can be more affordable than traditional on-campus programs. Plus, there are often no relocation or commute costs.
- Accreditation: Many top schools offer online master’s programs that are just as rigorous and respected as their on-campus counterparts.
- Networking Opportunities: Online learning platforms often facilitate student networking and offer connections with professionals in the accounting field.
- Career Advancement: Earning a master’s in accounting can open up higher-paying job opportunities and increase your chances of career progression.
Top Online Master’s Programs in Accounting for 2024
Let’s take a look at some of the best online master’s programs in accounting for 2024. These programs offer a mix of flexibility, academic rigor, and networking opportunities, setting students up for success in the accounting profession.
1. University of Illinois at Urbana-Champaign, Master of Science in Accountancy (iMSA)
The University of Illinois offers an online Master of Science in Accountancy (iMSA) that is widely regarded as one of the top accounting programs in the country. This program is ideal for students who want to pursue advanced studies in accounting without having to relocate.
- Duration: 1.5 to 3 years
- Format: 100% online
- Accreditation: AACSB accredited
- Key Features:
- Offers both part-time and full-time study options
- Focus on financial accounting, auditing, tax, and data analytics
- Includes a capstone project that allows students to apply what they’ve learned to real-world scenarios
- Strong alumni network and career services support
With a reputation for producing graduates who excel in the accounting profession, Illinois’ online iMSA program is an excellent choice for anyone looking to take their career to the next level.
2. University of Southern California (USC)—Master of Business Taxation (MBT)
The University of Southern California offers a specialized online Master of Business Taxation (MBT) program, focusing on taxation, a critical aspect of accounting. USC’s program is designed for those who want to pursue careers in tax accounting, one of the most lucrative and in-demand specialties.
- Duration: 1 to 2 years
- Format: 100% online
- Accreditation: AACSB accredited
- Key Features:
- Emphasis on tax law and policy
- The curriculum combines theory with practical skills needed for tax advisory roles
- Access to USC’s vast network of alumni and professional contacts
- Small class sizes and personalized attention from professors
USC’s MBT program stands out for its comprehensive approach to business taxation and the professional opportunities it provides to graduates.
3. University of North Carolina at Chapel Hill, Master of Accounting (MAC)
The University of North Carolina at Chapel Hill (UNC) offers an online Master of Accounting program that focuses on preparing students for careers in auditing, corporate accounting, and taxation. The MAC program at UNC has been consistently ranked among the best in the country.
- Duration: 1.5 to 2 years
- Format: 100% online
- Accreditation: AACSB accredited
- Key Features:
- Strong focus on both technical accounting and business management skills
- Flexibility to specialize in tax, audit, or advisory
- Extensive networking opportunities through UNC’s alumni network
- High pass rates for the CPA exam among graduates
For students who want a well-rounded accounting education with a global perspective, UNC’s online MAC program offers excellent value and a solid foundation for a career in accounting.
4. Indiana University Bloomington—Online Master of Science in Accounting (MSA)
Indiana University Bloomington offers a fully online Master of Science in Accounting (MSA) that’s perfect for individuals looking to advance their accounting careers while maintaining professional and personal responsibilities. The program is designed to provide both theoretical and practical knowledge in various areas of accounting.
- Duration: 1.5 to 3 years
- Format: 100% online
- Accreditation: AACSB accredited
- Key Features:
- Focus on financial accounting, auditing, taxation, and management accounting
- Available for students with or without prior accounting experience
- Access to career services and job placement assistance
- Collaborative learning environment through discussion forums and group projects
Indiana University Bloomington’s MSA program is well-regarded for its high-quality curriculum and strong career support services.
5. Florida State University, Master of Accounting (MAcc)
Florida State University offers an online Master of Accounting (MAcc) program that is ideal for students interested in developing expertise in accounting with a focus on preparation for the CPA exam.
- Duration: 1 to 2 years
- Format: 100% online
- Accreditation: AACSB accredited
- Key Features:
- Preparation for the CPA exam with comprehensive accounting courses
- Options to specialize in auditing, forensic accounting, or taxation
- Highly regarded faculty members with extensive industry experience
- Low tuition rates compared to other top-ranked programs
FSU’s MAcc program provides students with the tools and knowledge necessary to succeed in the accounting field, particularly for those aiming to sit for the CPA exam.
6. Northeastern University—Online Master of Professional Studies in Accounting
Northeastern University offers an online Master of Professional Studies (MPS) in Accounting that combines practical skills with a focus on real-world business issues. This program is ideal for individuals who want to combine accounting expertise with a business management perspective.
- Duration: 1.5 to 2 years
- Format: 100% online
- Accreditation: AACSB accredited
- Key Features:
- Emphasizes strategic business thinking alongside accounting principles
- Offers a customizable curriculum with multiple concentrations such as forensic accounting and business analysis
- Internship opportunities available through Northeastern’s global network
- Strong focus on data analytics and technology in accounting
Northeastern’s MPS in Accounting is designed for those who want to integrate cutting-edge business practices with accounting knowledge.
Key Considerations When Choosing an Online Master’s in Accounting
Selecting the right online master’s program in accounting is crucial for your career success. Here are a few factors to consider when evaluating your options:
- Accreditation: Ensure that the program is accredited by a recognized body, such as the AACSB or the ACBSP. This guarantees that the program meets rigorous academic standards.
- CPA Exam Preparation: If you’re planning to sit for the CPA exam, make sure the program provides the necessary coursework to help you prepare.
- Specializations: Consider whether the program offers concentrations or specializations in areas like tax, audit, forensic accounting, or data analytics.
- Flexibility: Look for a program that offers flexibility in terms of part-time or full-time options, as well as asynchronous courses that allow you to study at your own pace.
- Career Services: Choose a program that offers career support, including job placement assistance, networking opportunities, and access to an alumni network.
As you can see, there are plenty of excellent online master’s programs in accounting to choose from in 2024. Each of these programs provides flexibility, rigor, and career-boosting opportunities, so you can earn your degree while balancing other commitments. Whether you’re looking to specialize in taxation, forensic accounting, or financial management, there’s a program that’s right for you.
Before making a decision, take the time to carefully research each program’s curriculum, faculty, and career services to ensure it aligns with your career goals. By choosing one of these top online master’s programs in accounting, you’ll be setting yourself up for success in one of the most rewarding fields in the business world.