Top 25 Best Value Online Master’s in Accounting Degrees for 2022



Accounting is one of those professional career paths that is as close as they come to a sure thing. Management styles may change, technology may make technical skills obsolete, but as long as there is money and taxes, there will be a need for accountants. Accounting is also exceptional in that an aspiring accountant can begin a rewarding, secure career with nothing more than an associate’s degree or certification. However, that will only get graduates a lower, entry-level position in a firm or company; for real professional salaries, accountants need a bachelor’s degree and a CPA license.

But what about working professional accountants who want more responsibility and authority? To lead a team of accountants, take over managerial roles, and become a leader in the field, most corporations, government agencies, and other organizations are going to expect a master’s degree. With many accountants finding their progress stifled by only having a bachelor’s degree, colleges and universities across the country are developing Master’s in Accounting, Master of Science in Accounting, and related degrees that busy working professionals can earn entirely online.

Methodology: How We Ranked the Best Online Master’s in Accounting 

The editors of Value Colleges know a degree is only worthwhile when it really makes a positive contribution to your life. That’s why our ranking of the best online master of accountancy programs focuses on legitimate, accredited institutions. We rank programs by their cost, graduate salary, reputation, and student reviews, using data from IPEDS and Niche. 

1. Syracuse University

The Whitman Management School at Syracuse University offers an MS in Accounting online that is ranked among the best online master’s in accounting programs in New York. Syracuse’s online MACC programs include a focus on professional accounting. Syracuse’s online Master of Accountancy program can be completed in about fifteen months. Syracuse University’s Master of Accounting online requires thirty graduate credit units. This online Master of Accounting degree is offered from an AACSB accredited school and is a NYS registered CPA licensing program.

Syracuse University is a research higher learning institution that was established in 1870 as a seminary in Lima, NY. This private school’s urban campus in upstate New York serves more than 22,550 undergraduate, and postgraduate students ad covers more than 600 acres. 

Highlight: According to the Chronicle of Higher Education, Syracuse University’s School of Accounting is ranked among the top ten.

Degree: Master of Science in Professional Accounting

2. University of Illinois Urbana-Champaign

The University of Illinois Urbana-Champaign offers one of the best online MACC programs (an MSA in Accounting) in the nation, according to a public Accounting Report. UIUC’s MS in Accounting online program offers a CPA exam-ready curriculum that is 100% online. This online Master of Accountancy program’s faculty has been first in the country. The University of Illinois Urbana-Champaign’s Master of Accounting online can be completed in only 1.5 years. However, part-time students will take longer to complete this online Master of Accounting program. This online master’s in accounting program’s first-time CPA pass rate is an impressive 75% and is offered by an AACSB accredited school.

The University of Illinois Urbana-Champaign was established as an industrial university in 1867. In addition, UIUC is a sea, land, and space-grant institution of higher education and is recognized as a public ivy. 

Highlight: The University of Illinois Urbana-Champaign is the flagship campus of the state’s university system.

Degree: iMSA

3. University of North Carolina at Chapel Hill

The University of North Carolina offers a Master of Accounting online program with four start dates each year. UNC’s MS in Accounting online program requires students to complete 36 to 48 credits, depending on the students’ previously completed coursework. UNC’s online Master of Accountancy (MAC) degree is designed for working professionals. This online MACC program prepares students for the CPA exam. North Carolina’s online master’s in accounting program offers four concentrations. This online Master of Accounting program’s concentrations includes corporate tax, international, research, or tax flow-through entities.

UNC is considered a public ivy school. The University of North Carolina at Chapel Hill was chartered in the late 1780s. As one of the oldest schools, the University of North Carolina now serves more than 30 050 students each year. 

Highlight: The University of North Carolina is one of the few schools to have held classes during the 18th century.

Degree: Master of Accounting

4. Rutgers University

According to US News, Rutgers University offers an online Master of Accounting in Governmental Accounting that is recognized to be the eighth-best Master of Accounting online programs. Students graduating from Rutgers’ MS in Accounting online (MSA) program have the option of gaining the CPFA credential simply by completing one of these online MACC programs. Degree candidates enrolled in this online Master of Accountancy (MAC) degree must complete a minimum of thirty graduate credit units. Rutgers’ online master’s in accounting program includes auditing, ethics, and public sector financial management coursework, among others.

Rutgers University is New Jersey’s State University and named to honor Colonel Henry Rutgers – a major donor to the school. As a sea, land, and space-grant school, Rutgers University serves nearly 70,000 students online and on the school’s campuses. 

Highlight: Rutgers was established in 1766 as Queen’s College and is the 2nd oldest higher learning institution in the state, behind Princeton.

Degree: Master of Accountancy in Governmental Accounting

5. University of Connecticut

The University of Connecticut’s Business School offers an MS in Accounting online (MSA) that has been ranked among the nation’s best Master of Accounting online programs. UConn’s online Master of Accountancy program is AACSB accredited. Additionally, UConn’s online Master of Accounting degree is designed for working adults is recognized to be among the most affordable online master’s in accounting programs in New England. Classes for these online MACC programs include business law and ethics, accounting for non-profit organizations, and global financial reporting, among others.

The University of Connecticut was founded in 1881 as Storrs Agricultural School. In addition, the University of Connecticut is a sea, land, and space grant institution of higher education that serves more than 27,150 students. 

Highlight: The University of Connecticut is recognized to be one of the nation’s public ivy league schools.

Degree: MS in Accounting

6. University of Massachusetts-Amherst

The Isenberg Management School at the University of Massachusetts offers an MS in Accounting online that offers two academic tracks – the professional or the transitions track. This Master of Accounting online program provides an impressive 98% placement rate. UMass’s online Master of Accountancy degree is considered the finest online Master of Accounting program in New England. In addition, this online master’s in accounting degree program has received AACSB accreditation. The faculty for these online MACC programs possesses international recognition.

The University of Massachusetts (UMass) is a public school that was established in 1863. As a western Massachusetts’ Five-College Consortium member, Amherst serves more than 30,450 undergraduate and graduate students each year.

Highlight: The Amherst campus is the 3rd largest in Massachusetts; only Harvard and Boston University are larger.

Degree: MS in Accounting

7. Auburn University

Auburn University offers a Master of Accountancy online (MAcc) that is among the top MS in Accounting online programs in the state of Alabama. Graduates of Auburn University’s online Master of Accountancy degree program are prepared to pass the CPA exam successfully. Auburn’s online Master of Accounting program is AACSB accredited as well. Full-time students enrolled in Auburn’s online master’s in accounting degree program can complete the degree in one year, with part-timers finishing in about two years. Note, though, Auburn’s online MACC programs require one campus residency of three days.

Auburn University was founded as an all-male college in the mid-1850s. In addition, Auburn University is a land, space, and sea-grant school with a student enrollment that exceeds 30,350 students studying online and on the college-town campus.

Highlight: Auburn University ranks among the best value schools, as noted by US News.

Degree: Master of Accountancy

8. University of Arizona

The University of Arizona’s Eller College of Management offers an MS in Accounting online (MSA) program that is among Arizona’s top online Master of Accounting programs. The University of Arizona’s online Master of Accountancy degree program is AACSB accredited and offers six calendar year start dates. Students enrolled in the University of Arizona’s Master of Accounting online program must complete at least thirty graduate credit units. This online master’s in accounting degree program from UA offers six concentrations. These online MACC programs offer academic concentrations in analytics, MIS, finance, marketing, healthcare management, and entrepreneurship.

The University of Arizona (U of A) was established in 1885 before Arizona was a state. The University of Arizona now operates as a land and space-grant school with a student enrollment that nears 46,000. 

Highlight: The University of Arizona’s primary campus is officially designated as an arboretum.

Degree: MSA program

9. University of Dallas

The Gupta Business College at the University of Dallas offers an MS in Accounting online (MSA) program that is among Arizona’s top AACSB-accredited online Master of Accountancy programs. This Master of Accounting online program is recognized as one of the best-value online Master of Accounting programs, according to Forbes. Degree candidates must complete 33 graduate semester credits to graduate from UD’s online master’s in accounting degree program, which can be accomplished in 18 to 24 months. Classes for UD’s online MACC programs include courses in auditing, entity taxation, and accounting research methods, to name a few.

The University of Dallas is an institution of higher learning established as a private school in 1956. Still affiliated with the Roman Catholic Church, UD is home to more than 2,400 students each year. 

Highlight: UD has hosted numerous conservative speakers, including William F Buckley and Pat Buchanan.

Degree: MS in Accounting – add Personal Financial Specialization

10. University of Missouri

The University of Missouri’s Trulaske Business School offers an online Master of Accounting program that is ranked among the top MS in Accounting online (MSA) programs by US News. Students enrolled in Mizzou’s Master of Accounting online degree program must complete a minimum of thirty graduate semester units. For Mizzou’s online master’s in accounting degree program, core coursework includes auditing theory/practice and accounting/strategic analysis. Mizzou’s online MACC programs offer these elective classes, ethics, forensic accounting, and strategic cost management, among others. This online master’s in accounting degree program can be completed in only one year.

The University of Missouri (MU) is a public land-grant school established under the Morrill Act in the late 1830s. In addition, the University of Missouri is a space-grant school with a student enrollment that exceeds 31,000. 

Highlight: Missouri’s State Historical Society is located on the University of Missouri’s campus.

Degree: Master of Accountancy (MAcc)

11. University of Miami

The University of Miami offers an online Master of Accounting program that is ranked among the top MS in Accounting online programs in the southern United States. This Master of Professional Accounting (MPrA) program is one of the Master of Accountancy online degree programs that has no GMAT requirement. The University of Miami’s AACSB-accredited online MACC programs can be completed in about 1.5 to 2 years. Degree candidates enrolled in this online master’s in accounting degree program are required to finish a minimum of 32 graduate units. This online master of accounting degree program is also available with a CPA track for forty-semester credits.

The University of Miami was established as a private school in the mid-1920s. The university’s campus in South Florida is home to about 17,750 undergraduate and graduate students. 

Highlight: The University of Miami is recognized among the top colleges by US News.

Degree: Master of Professional Accounting

12. CSU Global

CSU Global offers an online Master of Accounting program that is recognized as one of the finest MS in Accounting online programs in Colorado. CSU’s Master of Professional Accounting (MPAcc) program is a 30 graduate credit online Master of Accountancy degree program. CSU’s online MACC programs are offered with five academic concentrations, of which professional accounting is one. CSU’s online master’s in accounting degree program offers monthly start dates. This Master of Accountancy online degree program is ACBSP accredited.

CSU Global is the online campus of Colorado State University. Established in 2007, CSU Global now serves more than 20,000 students each year through CSU’s distance learning platform. 

Highlight: CSU Global offers more than a dozen master’s degree programs that provide more than two dozen specializations.

Degree: Master of Professional Accounting

13. Penn State World Campus

Penn State World Campus offers an online Master of Accounting program that is considered among the finest MS in Accounting online programs in Pennsylvania. Penn State World Campus’s online Master of Accountancy program requires thirty credits. PSWC’s online MACC programs have received accreditation from the AACSB. Classes for this Master of Accounting online degree program includes auditing theory/practice, business tax planning, and strategic cost analysis, among others. Additionally, students must complete a capstone project to graduate from this online master’s in accounting degree.

Penn State World Campus was established in the late 1990s as the online campus of Pennsylvania State University. Nearly 15,000 undergraduate and graduate students attend classes online offered by Penn State World Campus every year. 

Highlight: Pennsylvania State University has been offering distance education for more than 100 years.

Degree: Master of Professional Accounting

14. Golden Gate University

Golden Gate University offers an MS in Accounting online (MSADA) that has been ranked among the west coast’s top Master of Accounting online programs. Students enrolled in GGU’s online Master of Accounting program are required to complete thirty graduate units to graduate. GGU’s online Master of Accountancy program offers four academic tracks. Degree candidates enrolled in this online Master’s in Accounting degree from GGU can specialize in applied accounting, advanced analytics, taxation, or leadership. These online MACC programs allow students to complete the degree with two specialties.

Golden Gate University (Golden Gate) was established as a night school in the local YMCA in 1901. The school serves more than 5,150 undergraduate and graduate students from its urban campus and online each year. 

Highlight: Golden Gate University is organized into five schools/colleges that offer degrees and programs in law, business, accounting, taxation, and undergraduate studies.

Degree: Master of Accountancy

15. George Mason University

George Mason University’s Business School offers an MS in Accounting online (MSADA) that has been ranked among Virginia’s top Master of Accounting online programs. George Mason University’s online MACC programs have received accreditation from AACSB International. Students enrolled in this online Master of Accounting program can complete the program in less than one year if studying full-time. Classes for this 30-credit GMU’s online Master of Accountancy program include 15 units of core and 15 units of electives. Mason’s online Master’s in Accounting degree’s curriculum is offered asynchronously.

George Mason University (GMU) is a public higher learning institution that was established in the late 1940s. The school maintains several campuses throughout Virginia that serve a student enrollment that nears 40,000 each year. 

Highlight: George Mason University is recognized to be Virginia’s largest four-year institution of higher learning.

Degree: MS in Accounting

16. Boise State University

According to US News, Boise State University offers one of the best online MACC programs – a Master of Science in Accounting in the country. Additionally, students will find that BSU’s MS in Accounting online program is also among the most affordable. Full-time students enrolled in this Master of Accounting online program can complete the program in about a year, with part-timers needing about 22 months to finish this online Master of Accounting program. Boise State University’s online Master’s in Accounting degree requires students to complete a minimum of thirty semester credits.  The online Master of Accountancy program from oise State University is AACSB accredited.

Boise State University (BSU) was established as a college in the early 1930s as a junior college. Additionally, this space-grant school is home to more than 25,450 undergraduate postgraduate students each year. 

Highlight: Boise State University offers programs and classes throughout Idaho in Twins Falls, Nampa, and Lewiston, to name a few.

Degree: MS in Accountancy (MSA)

17. University of Scranton

The University of Scranton’s Kania Management School offers an online Master of Accountancy (MAcc) program that is considered among the most exemplary online MACC programs across Pennsylvania. The University of Scranton’s MS in Accounting online program is AACSB accredited. This online Master’s in Accounting degree offers a general track, an analytics track, and a forensic accounting track. Additionally, students enrolled in this online Master of Accountancy program are given tools for the CPA exam. Classes for this 30 credit Master of Accounting online program include ethics, advanced auditing, and managerial economics, among others.

The University of Scranton was chartered in 1888 by Scranton’s first Bishop. As a Jesuit private school, the University of Scranton serves more than 5,350 undergraduate and graduate students every year. 

Highlight: US News ranks the University of Scranton among the top ten regional schools.

Degree: Master of Accountancy

18. Seton Hall University

Seton Hall University’s Stillman Business School offers an MS in Accounting online (MSAC) that has been ranked among New Jersey’s top Master of Accounting online programs. Students enrolled in Seton Hall’s online MACC programs gain eligibility to sit for CMA or CIA certifications. In addition, SHU’s online Master of Accountancy degree is AACSB accredited. The curriculum for Seton Hall University’s online Master’s in Accounting degree includes a minimum of 30 graduate credits. Classes for this online Master of Accounting program include tax research, cost accounting, and commercial law, among others.

Seton Hall University was established in the mid-1850s as a private Catholic institution of higher education. The school’s suburban campus in North Jersey is less than an hour from NYC and serves more than 10,000 students each year. 

Highlight: Seton Hall University holds the distinction of being the oldest diocesan university in the nation.

Degree: MS in Accounting

19. DePaul University

DePaul University’s Business School offers an MS in Accounting online (MSA) that has been ranked among Chicago’s top Master of Accounting online programs. DePaul University’s online MACC programs are taught by award-winning faculty. In addition, this online Master of Accountancy degree is AACSB accredited. This SHU’s online Master’s in Accounting degree requires degree candidates to complete twelve classes. DePaul University’s online Master of Accounting program can be complete in 1.5 years if students take two classes per ten-week term.

DePaul University was established as a Catholic private institution of higher education in the late 1890s. With more than 22,140 students, DePaul is recognized to be the largest Catholic school in terms of enrollment. 

Highlight: DePaul University maintains two campuses in the Windy City – one by the Loop and the other situated in Lincoln Park.

Degree: Master of Science in Accountancy (MSA)

20. National University

National University offers an online Master of Accountancy (MAcc) program that is considered among the finest online MACC programs on the west coast – offering monthly start dates. Coursework for NU’s MS in Accounting online program is delivered in four-week formats. Students enrolled in this Master of Accounting online program can finish the degree in only ten months. The online Master’s in Accounting degree requires the completion of a minimum of 45 quarter credits. National University’s online Master of Accounting program includes classes in forensic accounting, internal controls, and legal issues in accounting, among others.

National University is a private university that was established in the early 1970s. The school maintains multiple campuses throughout California as well as Nevada, with a student enrollment that nears 24,000 each year. 

Highlight: National University is the 2nd largest higher learning institution in California that operates privately.

Degree: Master of Accountancy

21. Regis University

Regis University offers an MS in Accounting online that has been ranked among the top Master of Accounting online programs in Virginia and beyond. Regis University’s online  Master of Accounting online program requires degree candidates to complete thirty graduate semester units. Classes for these online MACC programs are offered in eight-week terms. Classes for Regis University’s online Master’s in Accounting degree include controllership, and international accounting, among others. Students enrolled in this online Master of Accounting program have four academic tracks from which to select – IT, financial accounting, forensic auditing, and managerial accounting.

Regis University is a private school that was chartered in the late 1870s. Regis remains affiliated with the Roman Catholic (Jesuit) Church. The urban campus in Denver and online platform serves more than 8,250 students each year. 

Highlight: Guest speakers who have spoken at Regis University include Elie, Wiesel, Lech Walesa, Desmond Tutu, and the Dalai Lama.

Degree: MS in Accounting

22. Western New England University

Western New England University offers an MS in Accounting online that has been recognized among the top Master of Accounting online programs throughout New England. Western New England University’s online Master of Accountancy program requires students to finish a minimum of thirty graduate units. Additionally, degree candidates enrolled in this online Master’s in Accounting degree have the opportunity to study abroad. Additionally, WNEU’s online MACC programs are AACSB accredited. Classes for this online Master of Accounting program include financial reporting, cost accounting, and auditing/assurance services, among others.

Western New England University (WNEU) was established in 1919 as a division of Boston’s Northeastern University. The university’s suburban campus in western Massachusetts serves nearly 4,000 students each year. 

Highlight: Western New England University became an independent university (from its college status) in 2011.

Degree: MS in Accounting

23. University of Massachusetts-Lowell

The University of Massachusetts Lowell offers an MS in Accounting online (MSA) that is considered among the top Master of Accounting online programs in Massachusetts and New England, as noted by US News. UMass Lowell’s online Master of Accountancy program is AACSB accredited and offers tech support 24/7. Degree candidates enrolled in UMass’s online MACC programs have several concentrations – corporate accounting, analytics, and international business. UMass Lowell’s online Master’s in Accounting degree includes these classes – fraud examination, advanced auditing, and taxation of businesses, among others. This online Master of Accounting program prepares students for careers in financial regulation and accountancy.

The University of Massachusetts’s Lowell campus was established as a normal school in the mid-1890s. More than 18,150 students attend classes each year online and on-campus. 

Highlight: The University of Massachusetts’s Lowell campus is recognized to be the 2nd largest public higher learning institution in Massachusetts.

Degree: MS in Accounting

24. St. John’s University

St. John’s University’s Tobin Business College offers an MS in Accounting online (MSA) that is considered among the top Master of Accounting online programs in the Empire State. Degree candidates enrolled in SJU’s online Master of Accountancy program must complete thirty-three graduate credits. Additionally, St. John’s University’s online MACC programs meet the educational requirements for the CPA exam. This online Master’s in Accounting degree includes core classes of tax planning and global managerial accounting, among others. All students enrolled in St. John’s University’s online Master of Accounting program must complete a capstone course/project.

St. John’s University was established as a Catholic higher learning institution in 1870. The university maintains campuses in three NYC boroughs (Staten Island, Manhattan, and Queens) and Long Island. 

Highlight: St. John’s University has international facilities in France, Ireland, and Italy.

Degree: MS in Accounting

25. University of Alabama at Birmingham

The University of Alabama at Birmingham offers an online Master’s in Accounting degree that is considered among the best online MACC programs in the southern US. UAB’s MS in Accounting online program is AACSB accredited and offers a flexible transfer credit policy. UAB’s Master of Accounting online program requires candidates to complete at least 30 graduate credits. Classes for this online Master of Accountancy program include business law for accountants, and corporate governance, among others. UAB’s online Master of Accounting program can be completed in as few as five semesters.

The University of Alabama was originally established as an extension center in the mid-1930s but became a four-year school in the mid-1960s. Several years later, the University of Alabama became a member school of the state’s university system. More than 8,000 students attend classes offered online. 

Highlight: The health center at the University of Alabama is recognized as one of the nation’s largest academic medical centers.

Degree: Master’s in Accounting

Why Should I Get My Master’s in Accounting Online?

Getting your master’s in accounting online makes it easier for you to maintain your current career, take care of life’s needs, and improve your skill sets as an accountant for better employment options. The education you receive through an online masters in accounting degree program is the same as if you were to attend school in-person while saving you time and money. The benefits of earning a master’s in accounting through an online program can sometimes far outweigh the advantages of attending an on-campus program, especially with prestigious schools offering online degree programs. You can attend the school of your dreams and benefit from earning a degree from a well-regarded university without the need to uproot your life.

Do I Need a Master’s to Be a CPA?

The short answer is no, you don’t need a master’s degree to become a CPA. If you’re looking at getting a master’s in accounting or CPA, you’ll find that it’s easier to get your CPA first, then return to school for a master’s once you’ve decided upon the area of accounting you want to further engage in. In order to become a CPA, you have to earn the requisite amount of educational credit hours, pass all parts of the Uniform CPA Examination, and have 1 to 2 years of accounting experience. These requirements, known as the 3 E requirements, are the most direct pathway to becoming a CPA. 

When looking at the question of “what degree do I need to become a CPA?”, you’ll find that you need to earn your bachelor’s degree in accounting first, then take an additional 30 credit hours to qualify for the CPA exam. Upon passing the exam, you’re qualified to begin employment as a CPA and gain experience in the field. You can return to school to earn your MAcc in an area of accounting that appeals to you the most and improve your career opportunities. Another option is to enter into a combined bachelor’s and master’s in accounting program that enables you to earn your master’s degree upon successful completion of your education. 

What Can I Do with a Master’s in Accounting?

There are many types of jobs for master’s in accounting graduates in the public and private sectors. Masters in accounting jobs range from working for private clients or corporations to working for law enforcement and government. The field of accounting is one that underpins just about every aspect of business and government due to the fact the field is directly related to finance. Accountants track where money comes from, goes to, and what’s done with it. Some master of accounting jobs include:

  • Finance manager
  • Senior auditor
  • Senior financial analyst
  • Senior accountant
  • Tax accountant
  • Corporate controller
  • Financial controller

Most master’s in accounting jobs are upper level positions that have a higher-than-average salary, but also come with more responsibility.  Earning your master’s in accounting online or on campus helps you prepare for these master of accounting jobs and succeed in your career. Getting your MAcc can also help you prepare for a role working for a government agency or law enforcement if you want to serve the public in some form. 

Will I Make More with a Master’s in Accounting?

Yes, you will make more with a Master’s in Accounting, especially when combined with your existing knowledge of accounting. The average master’s in accounting salary is $72,000 a year, but the earning potential over time is greater with a master’s than without. Having a master’s in accounting makes it easier to qualify for senior positions or specialized accounting roles that pay more for the knowledge you carry. As it stands, having a CPA gives you access to well-paying jobs in the field of accounting, but if you’re looking at how much does a CPA make with a master’s degree, you’ll find it worthwhile to go back to school and get your master’s in accounting. 

When looking at the difference between a business administration vs accounting salary, it’s quickly apparent that the average master’s in accounting salary is lower than the MBA. The role of an MBA is more complex than that of the MAcc and is compensated accordingly. However, someone with a master’s in accounting is capable of performing some of the duties of an MBA and increase their potential master of science in accounting salary. When looking at the question of how much does a CPA make with a master’s degree and learning that the pay is much lower than the MBA, you might feel that it’s more worthwhile to earn your MBA and earn more than the average master’s in accounting salary. But if working in management isn’t your style, and you want to work in an area of finance and law, a master’s degree in accounting is a good option with a salary that scales up as you gain more experience. 

Related:

Top 25 Best Online Accounting Bachelor’s

Top 25 Most Affordable Online Accounting Bachelor’s