Accredited online MBA programs in accounting may prepare students to audit company financial records and elaborate corporate taxes. It should also allow them to review corporate budgets, financial planning, and information technology operations to recommend changes leading to more efficient, safer operations and higher profits.
Job prospects for accountants and auditors are excellent, according to the Bureau of Labor Statistics (bls.gov). The bls.gov expects employment for accountants to grow by 22 percent or much faster than average, between 2008 and 2018, due to more businesses, financial regulations, and shareholder accountability requests.
MBA Programs in Accounting: Career Opportunities
Once they have earned their MBA degree in accounting, graduates may be able to step into many diverse career paths.
- Forensic accountants could determine the commission of financial crimes.
- Financial analysts focus on making informed economic decisions regarding company operations, products or services.
- Internal Revenue Service agents could audit taxpayers to make sure they have complied with laws.
- Internal auditors should make sure data is protected, environmental laws are met, and financial regulations are upheld, within companies.
In May 2009, the bls.gov reports that accountants and auditors were making a mean annual wage of $67,430. Accountants should make more money in New York or Washington or once they become Certified Public Accountants (CPAs), according to bls.gov data.
Online MBA Programs in Accounting: Education Options
A number of online MBA programs offer specializations in accounting. Coursework at these programs can include:
- Cost Accounting
- International Accounting and Multinational Enterprises
- Accounting Information Systems
- Accounting Fraud Examination Concepts
Online MBA programs in accounting require students to complete general MBA and specialization courses. At Keller, students may complete the 16 degree courses at their own pace. Online MBA programs in accounting should enable students to develop analytical, communication, and teamwork skills as well as to interact with professors, who are generally working in the field, and could provide real-time data on industry and job developments.
Additional Resources for Students Looking to Earn an MBA with a Accounting Concentration