Online MBA in Accounting

Online Accounting MBA programs are an essential part of business because every company needs a team of accountants to manage its money. An online MBA in Accounting degree is for those individuals who already have an undergraduate degree in accounting and want to further their education and have more doors opened in the financial and accounting worlds.

What is an Online MBA in Accounting Program?

An online MBA in Accounting degree will help students learn the ins and outs of financial planning including how to analyze costs and manage accounts. With an MBA in Accounting, students will be prepared to directly apply their finance and accounting skills to their job, learn about applications in accounting theories, and be comfortable enough to teach others what they have learned.

Is an Online MBA in Accounting Program right for me?

An online MBA in Accounting program is right for someone who has a strong background in math and accounting. It is highly recommended that the student taking the accounting track in the MBA program have an undergraduate degree in accounting. Some students may also have experience in fields such as working with taxes, or managing their own business. If you enjoy working with numbers and directly applying skills and knowledge an online MBA in Accounting is right for you.

How long does it take to obtain an Online MBA in Accounting Degree?

There are programs at some universities that allow the student to just add one year on to their four year undergraduate program to obtain a Master’s in Accounting, while other programs take a full 2 years to complete if the student is enrolled full time. Students that are enrolled as part-time status may take longer to finish.

What are the admission requirements for Online MBA in Accounting Programs?

Admission requirements vary from one program to the next, but most programs will require that the student to have scored at least a 550 on the GMAT or the equivalent on the GRE, have taken the required accounting courses as an undergraduate student, and have a 3.0 GPA. Most programs would like to the student to have some work experience, and letters of recommendation.

What skills will I learn in an Online MBA in Accounting Program?

Students learn many fundamental skills during the online MBA in Accounting programs including financial expertise, analytical skills, communicating accounting facts, aptitude in the accounting trade, concepts of marketing, and statistics. As well as problem solving, critical thinking, and team work.

What courses will I take in an Online MBA in Accounting Program?

Even though the MBA is specific to accounting, students will still have to take courses in general management and marketing in order to be well rounded. Career specific courses include:

  • Cost accounting
  • Financial and Marketing Management Analysis and Reporting
  • Tax Accounting
  • Legal Issues

What types of jobs are available after obtaining an Online MBA in Accounting Degree?

The list can go on and on what positions are available for those with an MBA in Accounting degree because every company needs a team of people to handle its finances. Some positions include: Tax Management, Corporate Book Keeping, Private Account Practice, CFO, Cost Analyst, Budget Manager, and Staff Accountant.

What are the job prospects with a MBA in Accounting Degree?

Since accountants will always be in high demand salary expectations are fairly negotiable, but the average for those in this field is $67,430 annually. However, depending on the field chosen students can annually make up to $85,000 plus bonuses.

Accountants will also be in high demand, as new businesses start up and big businesses grow, they will always need accountants. This is an excellent degree to pursue to ensure job security for many, many years.

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One Response to “Online MBA in Accounting”
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