Accounting master's programs prepare students for advanced corporate finance, managerial, and consulting positions. Some of the top-paying jobs master's graduates can qualify for include financial controller, accounting manager, senior financial analyst, and tax accountant. This degree also helps students meet the educational credit requirements for the certified public accountant (CPA) exam.
In Indeed's 50 best jobs of 2024 report, senior accountants ranked ninth, with 24% of job postings including terms suggesting remote or hybrid work availability. According to Payscale, professionals with a master's in accounting earn an average annual salary of $81,000 as of March 2024.
Accounting master's degrees may also offer specialization options. These concentrations demonstrate your advanced knowledge of subfields that can help you stay competitive in the workforce. Common specializations include tax accounting, assurance and auditing, analytics, and forensic accounting.
Use our guide to discover schools with the best master's in accounting programs. We explore tuition rates, program offerings, and admission requirements.
Popular Online Programs
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
Top Graduate Accounting Programs
#1 Best Accounting Master’s Programs 2024
Vanderbilt University
- Nashville, TN
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Year:
In-State | $68,500
Out-of-State | $68,500
Credits to Graduate: 37
Vanderbilt's master of accountancy in assurance is a full-time in-person program that learners can complete in one calendar year. Semesters are split into two seven-week modules with courses covering topics like audit evidence, business data and analytics, business taxation, and advanced cost accounting.
During the spring semester, each student can pursue a 10-week internship with a Big Four accounting firm or six credits of business electives. Most program graduates accept positions with one of the Big Four firms, and 100% of graduates have found a relevant role within 90 days of graduating.
Percent Online Enrollment
11%
Percentage of all students who are enrolled online.
Accreditation
Yes
Southern Association of Colleges and Schools Commission on Colleges
#2 Best Accounting Master’s Programs 2024
New York University
- New York, NY
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Year:
In-State | $62,250
Out-of-State | $62,250
Credits to Graduate: 30
The full-time on-campus MS in accounting from NYU Stern explores corporate finance, financial statement analysis, individual and business tax, and internal controls. The program also focuses on skills and practices for professional accountants, like communication and ethical issues in the workplace. All students must attend an orientation before starting classes.
Each applicant must have completed prerequisite courses in accounting, economics, statistics, and business. Prospective students with a minimum 3.0 undergraduate GPA do not need to submit GRE or GMAT scores. Applicants also submit an essay, a resume, one academic or professional recommendation, and an application fee.
Percent Online Enrollment
45%
Percentage of all students who are enrolled online.
Accreditation
Yes
Middle States Commission on Higher Education
#3 Best Accounting Master’s Programs 2024
University of California-Irvine
- Irvine, CA
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Term:
In-State | $19,260
Out-of-State | $19,260
Credits to Graduate: 44
UCI's master of professional accountancy offers one- and two-year tracks. Delivered through the Paul Merage School of Business, the program requires courses in ethics, professional research, tax and business strategy, and managerial and cost accounting.
An optional environmental, social, and governance pathway includes sustainability accounting and corporate governance courses. Enrolled students can participate in UCI Sustainability Resource Center events and initiatives. Learners can also pursue a three-course specialization in data analytics or taxation.
Percent Online Enrollment
81%
Percentage of all students who are enrolled online.
Accreditation
Yes
Western Association of Schools and Colleges Senior Colleges and University Commission
#4 Best Accounting Master’s Programs 2024
University of South Florida
- Tampa, FL
- 4 years
- Online + Campus
Cost per Credit:
In-State | $467
Out-of-State | $913
Credits to Graduate: 30
USF's master of accountancy helps students meet the educational requirements for certified public accountant (CPA) licensure in Florida. The program is available through the Lynn Pippenger School of Accountancy at the St. Petersburg and Tampa campuses. Learners can attend part time or full time. USF keeps classes small, usually with 35 or fewer students per course.
Each student must choose six elective credits and one nine-credit concentration in assurance, corporate accounting, or tax. The 15-credit core covers data mining and visualization, project management, accounting innovation, and financial reporting.
Percent Online Enrollment
66%
Percentage of all students who are enrolled online.
Accreditation
Yes
Southern Association of Colleges and Schools Commission on Colleges
#5 Best Accounting Master’s Programs 2024
Baruch College
- New York, NY
- 4 years
- Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Program Cost:
In-State | $17,841-$23,861
Out-of-State | $30,159-$40,316
Credits to Graduate: 36-48
Baruch's graduate accountancy program culminates in an MS or MBA in accountancy. While the MBA is best for students without accounting backgrounds, the MS covers more targeted accounting and taxation topics for those with previous accounting education.
Students opting for the MS pathway can complete an information analytics concentration. They may also qualify for course waivers for business, accounting, or taxation classes, which can shorten their graduation timeline.
Percent Online Enrollment
86%
Percentage of all students who are enrolled online.
Accreditation
Yes
Middle States Commission on Higher Education
#6 Best Accounting Master’s Programs 2024
Florida State University
- Tallahassee, FL
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Credit:
In-State | $216-$479
Out-of-State | $721-$1,111
Credits to Graduate: 30
FSU's master of accounting is a STEM-focused degree catering to both accounting majors and nonmajors. Students with accounting undergraduate experience can complete the program in just one year. FSU's accounting department offers some scholarships, fellowships, and assistantships.
The accounting master's program offers concentrations in assurance and advisory services, taxation, and general accounting. All students complete a professional development course and two non-accounting electives from the school's business curriculum.
Percent Online Enrollment
58%
Percentage of all students who are enrolled online.
Accreditation
Yes
Southern Association of Colleges and Schools Commission on Colleges
#7 Best Accounting Master’s Programs 2024
California State University-Long Beach
- Long Beach, CA
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Year:
In-State | $15,738
Out-of-State | $25,818
Credits to Graduate: 30
The MS in accountancy from CSULB helps prepare learners for the CPA exam. The curriculum includes eight courses, including corporate governance, financial statement analysis, and taxation of partnerships and S corporations. Students finish the program in 11 months.
Enrollees also take a professional responsibilities and ethics course and complete an auditing project near the end of their studies. The cohort-based program requires students to attend classes on Saturdays and in the evenings Monday through Thursday.
Percent Online Enrollment
87%
Percentage of all students who are enrolled online.
Accreditation
Yes
Western Association of Schools and Colleges Senior Colleges and University Commission
#8 Best Accounting Master’s Programs 2024
University of Southern California
- Los Angeles, CA
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Credit:
In-State | $2,307
Out-of-State | $2,307
Credits to Graduate: 30-45
USC's master of accounting program is one of three accounting master's programs delivered through the Marshall School of Business. Marshall also offers two master of business taxation programs: one for students currently working as tax professionals and one for students who aren't.
This STEM-certified accounting master's degree allows learners to choose from professional accounting, data and analytics, or strategic finance tracks. Incoming students with limited accounting experience can participate in an eight-week summer intensive program that includes an additional 15 credits of auditing, taxation, and accounting coursework.
Percent Online Enrollment
46%
Percentage of all students who are enrolled online.
Accreditation
Yes
Western Association of Schools and Colleges Senior Colleges and University Commission
#9 Best Accounting Master’s Programs 2024
California State University-Fullerton
- Fullerton, CA
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Program Cost:
In-State | $19,140-$19,512
Out-of-State | $39,120-$39,492
Credits to Graduate: 30
Learners enrolled in CSUF's MS in accountancy program can choose a traditional or cohort-style format. The 24-month traditional program suits working professionals, as enrollees take 2-4 courses per semester with evening class sessions. Students can complete the cohort program in just 10 months with four courses per semester, although classes usually occur during the day.
Both formats require 30 credits, allowing students with a bachelor's degree to earn enough credits to sit for the CPA exam. Classes include accounting theory and professional research as well as seminars in data analytics, information systems, and professional communication.
Percent Online Enrollment
80%
Percentage of all students who are enrolled online.
Accreditation
Yes
Western Association of Schools and Colleges Senior Colleges and University Commission
#10 Best Accounting Master’s Programs 2024
University of Washington
- Seattle, WA
- 4 years
- Online + Campus
Programmatic Accreditation: Association to Advance Collegiate Schools of Business
Cost per Year:
In-State | $24,411
Out-of-State | $29,997
Credits to Graduate: 48
Delivered through the Foster School of Business, UW's master of professional accounting is a nine-month accelerated program. In addition to an orientation, students complete courses in communications, data analytics, assurance services, and accounting codification during the fall quarter.
In the winter quarter, learners participate in an internship and an independent research project. The spring quarter wraps up the program with classes covering financial statement analysis, business ethics and law, accounting advisory, and auditing and assurance regulation.
Percent Online Enrollment
19%
Percentage of all students who are enrolled online.
Accreditation
Yes
Northwest Commission on Colleges and Universities
Accounting.com ranks the best accounting degrees using reputable sources such as the U.S. Department of Education. We build our rankings with four main metrics in mind: academics, cost, reputation, and program availability. We also consider subfactors like retention rate, federal aid amounts, and return on investment to help you find the right program for you.
This ranking is from 2024. Learn more about our process by visiting our school rankings methodology page.
What to Expect From an Accounting Master's Degree
An accounting master's program propels you into the world of financial analysis and forecasting, ethics, and risk analysis. The degree aims to develop a thorough understanding of corporate taxation and data analytics. This knowledge can help you suggest financial strategies and support businesses in achieving their financial goals.
Some programs are specifically designed to help prepare you for the CPA exam. Most degrees also address soft skills essential to effective leadership, like communication and problem-solving.
These advanced accounting programs typically take 1-2 years, often requiring 30-48 credits. Some schools accept transfer credits from accredited colleges or universities.
Accounting programs are available in various formats, including on-campus, online, and hybrid options. Online accounting master's programs may offer asynchronous or synchronous learning.
Admissions Process
Most accounting master's programs require applicants to hold a bachelor's degree from an accredited institution. Some require prospective students to hold accounting degrees from schools with programmatic accreditation through organizations like AACSB International or the Accreditation Council for Business Schools and Programs (ACBSP). Others accept any undergraduate major, but candidates must take prerequisite courses in business and accounting.
Many programs require a minimum 3.0 GPA. Business schools may also require the submission of GMAT or GRE scores, stipulating preferred or minimum scores. However, standardized tests have become less common in recent years.
Other typical admission materials include letters of recommendation, college transcripts, personal statements, and resumes. International applicants must usually pass an English proficiency test, like the TOEFL exam.
Popular Accounting Graduate Courses
Accounting master's programs core courses help build a solid foundation in accounting principles. Electives enable you to focus on your area of interest. Capstones and other hands-on projects provide real-world experience. While each school offers its own classes, common courses you may encounter include:
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Advanced Accounting: This core course covers the theory and preparation of consolidated financial statements and accounting for mergers and acquisitions. Students learn about cost versus equity as well as accounting for derivatives and hedging. The class also explores accounting for partnerships, governments, and corporations; debt restructuring; and liquidation.
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Federal Taxation: This core course teaches learners the fundamentals of federal income tax law, including corporate, partnership, and individual taxation. This class is particularly valuable for enrollees interested in tax law and roles as tax accountants.
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Applied Business Forecasting: Big data and data analytics play an increasing role in modern accounting. This elective provides a practical understanding of data acquisition and analysis. Students learn to apply forecasting models to business data like income, sales, and inventories.
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Business Leadership Experience: Accounting master's programs may include hands-on courses like business leadership experience that pairs enrollees with companies to build real-world job training. Learners may explore new marketing opportunities or develop a business plan, conducting research and analyzing data to make knowledge-based recommendations.
How Much Does a Master's in Accounting Cost?
The cost of a master's in accounting varies by school. According to the National Center for Education Statistics (NCES), the average graduate tuition at a public university was $12,596 in the 2021-22 school year. In private institutions, the average was $28,017.
In-state students attending public schools typically pay the lowest tuition rates, and some online programs offer all enrollees in-state or lower, online-only tuition. Additional costs include fees, textbooks, transportation, and living expenses.
Several financing options can help defray tuition prices. Schools and organizations may offer merit-, need-, or demographic-based scholarships and grants. Use the links below to discover the most affordable programs and financial aid opportunities.
Selecting the Right Graduate Program
Selecting the right accounting master's program requires research. Make sure each prospective degree offers classes in your areas of interest, aligns with your budget, and runs in a format that works with your lifestyle. Also consider the following factors when choosing a school:
- Accreditation: Accreditation indicates a program meets quality standards. In addition to institutional accreditation, some accounting degrees hold programmatic accreditation from organizations like AACSB International and ACBSP.
- Competitiveness: Competitive schools often stipulate more rigorous admission standards, including higher minimum GPAs, test scores, or career experience. Ensure you meet all qualifications before applying.
- Program Length and Flexibility: Some students prefer a fast-paced program that they can complete in one year. Other learners may have additional responsibilities and benefit from a part-time program or flexible scheduling that includes evening classes.
- Alumni Network: Schools with strong alumni networks can offer valuable connections in the business world. Leveraging these connections may lead to mentorships, internships, or job opportunities.
Common Questions About Accounting Master's Programs
What can you do with an accounting master's?
Graduates with a master's degree in accounting can work in numerous accounting and auditing positions, including advanced roles like financial analyst or financial manager. Master's programs can also help learners satisfy educational requirements to sit for the CPA exam.
How much does an accounting master's program cost?
The cost of an accounting master's program varies significantly. According to NCES data for the 2021-22 school year, the average tuition for graduate-level programs at public schools was $12,596, while private institutions averaged $28,017. Schools may offer scholarships, fellowships, or grants to help offset costs.
Can you get an accounting master's degree online?
Yes. Many schools offer accounting master's programs online. Some offer asynchronous classes, letting you study at your own pace while meeting assignment deadlines. Others require synchronous classes that meet virtually at scheduled times.