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For questions, comments, badge downloads, or data corrections, please feel free to reach out to us at in 1876, Texas A&M, also known as “Aggieland,” is the flagship university and one of largest in the country. Please feel free to visit our dedicated methodology page for a step-by-step breakdown. The pursuit of knowledge is a noble one, and we want to help you reach your goals. What Are the Best Master’s in Accounting Degrees?Īt CollegeRank, we strive to do our best to guide you and your family toward a fruitful academic career. Perhaps even better, most of the schools in our ranking boast a 95-100% pass rate for the CPA exam and similar rates for employment placement in just three months after graduation. in accounting, which will certainly bring in a higher salary, you can earn well over 100K a year with a master’s in accounting and a CPA licensure. Becoming a financial manager will prove even more lucrative, as these professionals report an average of $129,890 per year. For example, budget analysts earn an average of $76,640 per year, while financial analysts report a slightly higher income at $81,590 per year. Other accounting occupations show similar salaries. With a master’s degree in accounting, income potential is closer to the highest ten percent: over $124,450 per year. Bureau of Labor Statistics reports that accountants and auditors earn a median of $71,550 per year however, this statistic is for those with a bachelor’s degree. It’s no secret that a master’s in accounting provides high salary potential, even right out of school.
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Many accountants travel and also work from home, ensuring flexibility.
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While most professional accountants work full-time, some work longer hours during certain times of the year (tax season, for example). While this is not an exhaustive list, a master’s in accounting leads to careers such as:Īccountants can work pretty much anywhere, public and private firms, businesses, the government, educational settings, and more. CPAs make more money and have more job opportunities than accountants without this certification.Īn accountant has further options as to job avenues. A certified public accountant completes an accounting program and then takes the national CPA exam to become certified. The most obvious answer to “what do I do with a master’s in accounting?” is to become an accountant or certified public accountant (CPA).
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Related Resource: Highest Paying College Majors Careers for Master’s in Accounting MajorsĪ master’s in accounting opens the door wide for career prospects in the field. Some programs accept students from all academic backgrounds but do recommend that applicants have at least a 3.0 undergraduate GPA and strong GMAT or GRE scores. Typically, a bachelor’s in accounting or business is required to apply for a master’s in accounting program, although this is not always the case. The average time span to complete this degree is 12-24 months, although some of our rankings feature accelerated formats in as short as nine months. Some master’s in accounting are offered on campus, others are 100% online, and some blend both formats. Most graduate programs entail 30-36 credit hours, divided into core courses, concentration courses, and electives. There are several types of graduate accounting degrees, including a Master of Science in accounting, a master of accountancy (MAcc), a master of professional accounting, or an MBA in accounting. Graduate accounting programs prepare learners to sit for the CPA exam and become professional accountants for businesses and firms around the world. Related Resource: 35 Top Bachelor’s in Accounting Degrees What Is a Master’s in Accounting?Ī master’s in accounting program offers in-depth study of business, accounting, and specialized areas such as finance, data analytics, or auditing. Check out our top 35 best master’s in accounting and begin planning your future. If you are incredibly organized, meticulously detailed, love numbers (yes, you should absolutely live and breathe numbers!), then a master’s in accounting may be for you. Accountants with master’s degrees can expect to earn well over $100,000 per year, even starting out. Business degrees are some of the most lucrative ones out there, and since accounting falls into the business category, you can bet an accounting degree is a smart career and financial move.