Accounting is the language of business, helping firms communicate with investors, regulators, and giving managers a picture of corporate health.
A typical MBA program with a focus in accounting will not only teach you the nuts and bolts of financial recordkeeping, it will also teach you how to best apply those technical skills in real world large-scale situations, while taking the overall business model of your company in mind.
With an MBA in accounting, you'll be a stronger candidate for management and executive positions rather than being limited to number-crunching.
What kind of accounting degree should you get?
The MBA in accounting is one avenue for students who are interested in financial analysis – usually as it pertains to making management decisions in corporations. Students interested in practicing independently as a CPA may also consider pursuing a Master's degree in Accounting degree, either in person or an online master's in accounting. Students should consult their respective CPA State Licensing Board about the specific coursework that would make you eligible to sit for the CPA exam in your state.
Recommended Online Programs
How much do people make with an MBA in accounting?
Depending on your employer and job description, you can expect a salary of $50,000 and up as an accountant with an MBA. According to Payscale.com, accountants with an MBA average $50-65,000 in compensation.
Those in executive positions are paid more. A corporate controller makes around $99,000 a year, while an accounting manager averages $74,000. Those working in consulting or investment firms may make much more, both as salary and in bonuses.
Learn more about business degree salaries.
What can you do with an MBA in accounting?
A key benefit of earning an MBA is the flexibility and relevancy it offers across industries – and an MBA specializing in accounting only emphasizes that flexibility with career opportunities in public, private and government roles offering a range of opportunities in many fields.
Whether your goal is to move into an accounting role or advance as a leader with accounting skills, the ability to analyze and interpret financial data is a sought-after skill and increasingly important as organizations expand across the globe.
What are the requirements for an MBA in accounting?
To apply for competitive MBA programs in accounting, you will need a bachelor's degree with coursework that shows you're well prepared for graduate work in business. You don't necessarily have to major in business or economics as an undergraduate to be a competitive candidate.
You'll also take the GRE or GMAT, depending on the requirements of each school. Finally, you'll complete a personal essay and interview process to ensure you're a good fit for the school.
Learn more about the requirements to work in accounting.
What are the best MBA degrees in accounting?
We've ranked the top 15 accounting MBA programs that can help you become a leading candidate for an accounting or financial analysis position. Our rankings take into account factors including reputation, graduation rates, selectivity, and faculty resources. Some, but not all, are targeted towards management professionals already working in the field and require previous work experience for admission. Check those requirements carefully so you can find the program that best fits your needs.
Best MBA Degrees in Accounting
See our rankings methodology page.
