Top 15 Online Master’s of Management Accounting

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Continuing one’s education in a Master of Management Accounting is highly beneficial to anyone who is interested in taking on positions of management and leadership, while also maintaining a career as an accountant. Accountants can climb higher in their field with this degree, accomplish and complete more complex tasks, and earn a higher salary! The Bureau of Labor Statistics shows that positions of accounting and financial management are on the rise by 13% which is as fast as, if not above, average. Individuals in this career field generally make between $60,000 and $100,000 per year and the more education, management, and leadership capabilities they acquire, the more valuable they will be within the workplace.

Graduates from one of these Top 15 Online Master’s of Management Accounting programs have vastly improved their career options and job flexibility, while also applying learned information from the program to a full-time job. These 15 options give students a broad range of program availability, tuition costs, and course flexibility in terms of coursework, extracurricular activities, and special projects.

The editors of OnlineSchoolsCenter.com collect the most important and relevant data about colleges, universities, and campus facilities from various highly respected sources and offer them in a simple format that is easy to understand. In developing this list, OnlineSchoolsCenter.com, chose not to list the schools in an ordered way, but instead highlighted twenty of the very best programs, all of which have their own unique strengths.

FITCHBURG STATE UNIVERSITY

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Program Standouts:
This Master of Business Administration in Accounting focuses heavily on core courses in financial management and managerial accounting. It produces graduates who are then well-prepared for a career in management in corporate environments. Concentration courses allow students to draw from different colleges and disciplines within the university to enhance their degree.

Campus Location: Fitchburg, MA

Accreditation: New England Association of Schools and Colleges

Tuition and Fees:

  • $304 per credit hour—tuition
  • $58 per credit hour—online student fee

Financial Aid: Federal, state, and institutional loans and student employment.

Acceptance Rate: 68%

Admission Considerations:
Students in the Accounting Concentration must hold several core course credits in accounting, or must take prerequisite courses in order to qualify for the program. Students must also submit official transcripts from an accredited undergraduate institution with an overall GPA of no less than 2.8, three letters of recommendation, a personal statement, and a $25 application fee.

Program Options:

  • Selected Topics in Advanced Managerial Accounting
  • Advanced Financial Accounting Issues
  • Accounting Information Systems

Course Flexibility:
Students in this program design their own online curriculum with the assistance of faculty mentors and advisors. Online programs give students the freedom to create their own pattern of coursework while also applying learned techniques to a current profession or career.

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UNIVERSITY OF MARYLAND UNIVERSITY COLLEGE

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Program Standouts:
Students in this online Master of Science in Management: Accounting program will learn the essentials and fundamentals of managerial accounting. Students will gain knowledge and experience in a broad range of accounting sectors, making them well-sought-out as future financial and accounting managers.

Campus Location: Adelphi, MD

Accreditation: Middle States Commission on Higher Education

Tuition and Fees:

  • $279 per credit—in-state tuition
  • $499 per credit—out-of-state tuition
  • $250 per credit hour—military tuition

Financial Aid: Loans, private scholarships, and military benefits

Acceptance Rate: 100%

Admission Considerations:
Applicants must submit on online application as well as GRE test scores and official transcripts.

Sampling of Coursework:

  • Accounting Information Systems
  • Management Accounting
  • International Accounting

Course Flexibility:
This Master’s program offers a wide variety of education in different accounting sectors such as, financial accounting, fraud detection, and accounting ethics, management accounting, government and nonprofit accounting, auditing process, income taxation, accounting information systems, accounting policy, combine in-depth studies in management science and accounting.

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DEVRY UNIVERSITY

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Program Standouts:
Preparing students for a wide range of accounting environments, DeVry University’s online Master of Accounting and Financial Management degree program in the Keller Graduate School of Management will give students the resources and skills sought out by employers. And, Keller’s Master’s degree program integrates Becker’s CPA Exam Review into its curriculum.

Campus Location: Downers Grove, IL

Accreditation: North Central Association of Schools and Colleges; Accreditation Council for Business Schools and Programs

Tuition and Fees:

  • $766 per credit hour—tuition
  • $575 per credit hour—military tuition

Financial Aid: Loans, scholarships, payment plans, and military benefits

Acceptance Rate: 93%

Admission Considerations:
Students must hold a bachelor’s degree from an accredited under graduation institution with an overall GPA of no less than 2.7. Students with a GPA less than 2.7 will be required to submit the GMAT, GRE, or the Keller-administered admission test. International students are required to submit TOEFL results.

Program Options:

  • Federal Taxes and Management Decisions
  • Managerial Accounting
  • Accounting and Finance: Managerial Use and Analysis

Course Flexibility:
DeVry University is dedicated to the ease and comfort of students’ schedules while enrolled in a graduate program. Coursework, technical assistance, faculty, and advisors are available entirely online and can be taken/referenced at a pace that conforms best with individual career goals and professional lives.

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UNIVERSITY OF MASSACHUSETTS AMHERST

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Program Standouts:
Giving students as much flexibility in their learning and career paths as possible, the Isenberg School of Management offers a Master of Science in Accounting degree program that with a strong focus in management accounting. Graduates of this program often take on positions as controllers, officers, managers, and/or open their own businesses.

Campus Location: Amherst, MA

Accreditation: New England Association of Schools and Colleges; Association to Advance Collegiate Schools of Business

Tuition and Fees:

  • $110 per credit hour—in-state tuition
  • $414 per credit hour—out-of-state tuition
  • $275 per semester—graduate program fee

Financial Aid: Federal and private loans, institutional assistantships and fellowships, grants, and federal work-study.

Acceptance Rate: 61.3%

Admission Considerations:
Along within an online application, students must submit necessary documentation, including a minimum of two professional letters of recommendation, official transcripts, GRE & GMAT test results, and TOEFL results from international students.

Sampling of Coursework:

  • Accounting in Today’s Business Environment
  • inancial Statement Analysis
  • Professional Responsibility for Accountants

Course Flexibility:
Students have the option for accelerated coursework to complete a degree as quickly as they can. The university is very willing to work with students with all different schedule types. Student reviews of the curriculum and faculty are glowing!

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UNIVERSITY OF SCRANTON

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Program Standouts:
This online Master of Accountancy program draws from disciplines within the Panuska College of Professional Studies and Kania School of Management with the University of Scranton. The curriculum gives students technical skills in management and professional, ethical procedures within an accounting workplace environment.

Campus Location: Scranton, PA

Accreditation: Middle States Commission on Higher Education; Association to Advance Collegiate Schools of Business

Tuition and Fees:

  • $965 per credit hour—tuition
  • $25 per term—registration fee

Financial Aid: Tuition payment plans, employer deferment, teaching, research, and fellowship assistantships, federal loans

Acceptance Rate: 72%

Admission Considerations:
Official transcripts from an accredited undergraduate academic institution and a cumulative GPA of no less than 3.0, three professional letters of recommendation that can endorse an individual’s ability to perform graduate work.

Sampling of Coursework:

  • Managerial Economics
  • Financial Management
  • Contemporary Managerial Accounting Topics

Course Flexibility:
Graduates are well-prepared for the CPA exam and have around the clock support for coursework and technical difficulties in this online program. Coursework is designed so that students have soft skills in a wide variety of accounting fields.

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UNIVERSITY OF MASSACHUSETTS LOWELL

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Program Standouts:
The Master of Science in Accounting curriculum in the University of Massachusetts Lowell’s Manning School of Business allows students to construct a pattern of coursework that will build a strong concentration in management and managerial accounting, giving them skills that will make them valuable assets in corporate sectors.

Campus Location: Lowell, MA

Accreditation: Middle States Commission on Higher Education

Tuition and Fees:

  • $570 per credit hour—tuition
  • $30 per term—registration fee

Financial Aid: Teaching and research assistantships, loans, and grants.

Acceptance Rate: 64%

Admission Considerations:
Students must submit an online application along with official transcripts, a personal statements, three letters of recommendation, GMAT test results, and an official resume.

Sampling of Coursework:

  • Advanced Cost Management
  • Advanced Management and Sustainability Accounting
  • Managing Organizational Change

Course Flexibility:
These high quality courses along with the knowledge and expertise of the faculty and advisors, students craft a curriculum that conforms to their own career goals. With the huge amount of class choices, students interested in management accounting will find strong options.

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LIBERTY UNIVERSITY

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Program Standouts:
This Master of Business Administration in Accounting at Liberty University is designed to prepare students for positions of executive leadership, management, and decision making. Students are well-educated in business ethics and professional skills and techniques “to serve effectively as an expert in the modern business world.”

Campus Location: Lynchburg, VA

Accreditation: Southern Association of Colleges and Schools

Tuition and Fees:

  • $590 per credit hour—part-time tuition
  • $520 per credit hour per credit hour—full-time tuition
  • $275 per credit hour—military tuition

Financial Aid: Federal and state grants, loans, scholarships, and work-study programs, as well as military benefits and payment plans.

Acceptance Rate: 22%

Admission Considerations:
Students apply online and along with their application, necessary documentation includes official and unofficial transcripts with a cumulative GPA of no less than 3.0, and prerequisite classes in accounting and auditing. International students must submit TOEFL scores.

Sampling of Coursework:

  • Strategic Marketing Management
  • Managerial Finance
  • Accounting for Decision Making

Course Flexibility:
Like all the programs on this list, because of it’s 100% online flexibility, students have the option to create their own curriculum on their own schedule with the help of well-experienced professionals and faculty members. The program prepares students for a number of career paths in management accounting, including Managerial Accounting, Certified Management Accountant, and Government Accountant.

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FRANKLIN UNIVERSITY

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Program Standouts:
There are a huge number of management accounting skills and techniques taught in the challenging array of coursework offered in Franklin University’s online Master of Science in Accounting degree program. Franklin University teaches gives students the education needed to rise to positions of management within executive atmospheres.

Campus Location: Columbus, OH

Accreditation: Higher Learning Commission

Tuition and Fees:

  • $635 per credit hour—tuition

Financial Aid: Federal and state scholarships, loans, and work-study, as well as military and Veterans’ benefits.

Acceptance Rate: unavailable

Admission Considerations:
Students must hold an undergraduate degree from a regionally accredited institution with a cumulative GPA of no less than 2.75, otherwise GMAT exam scores are required. International students are required to submit TOEFL scores.

Sampling of Coursework:

  • Enterprise Risk Management
  • Financial Accounting & Reporting
  • Management Control Systems

Course Flexibility:
Students in Franklin University’s online Master’s degree community spend many hour working as a team to accomplish creative problem solving and large projects, making them a valuable asset to a team. Students interested in Management Accounting will find a vast amount of complex coursework on the field.

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WALDEN UNIVERSITY

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Program Standouts:
Walden University offers two very distinct programs in management accounting: a Master in Science in Accounting and Management, and Master of Business Administration in Accounting for Managers. Both programs are specifically designed to enhance the knowledge of students working towards a career in managerial accounting that can be performed in a number of settings and environments.

Campus Location: Minneapolis, MN

Accreditation: Higher Learning Commission; Accreditation Council for Business Schools and Programs

Tuition and Fees:

  • $895 per semester hour—tuition
  • $160 per semester—technology fee

Financial Aid: Federal and state grants, loans, scholarships, and institutional fellowships

Acceptance Rate: 98%

Admission Considerations:
All students must hold a bachelor’s degree in a relevant area of accounting, otherwise they will be required to take prerequisite courses. Students must submit along with their application a personal statement, academic record, and a professional resume.

Program Options:

  • Master of Business Administration in Accounting for Managers
  • Master of Science in Accounting and Management
  • Master of Science in Accounting

Course Flexibility:
These special online programs will give students all the relevant experience and coursework needed to be able to apply ethical and professional business practices in a position of management and leadership. As 100% online programs, students will be able to apply these valuable skill-sets to a profession while simultaneously completing coursework.

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SAINT LEO UNIVERSITY

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Program Standouts:
Students in this online Master of Business Administration in Accounting learn the necessary skills for being a leader in their field. Focusing on a wide range of management accounting areas, students learn the principles of managerial economics and accounting.

Campus Location: St. Leo, FL

Accreditation: Southern Association of Colleges and Schools

Tuition and Fees:

  • $673 per credit hour—civilian tuition
  • $475 per credit hour—military tuition

Financial Aid: Federal and private loans and grants, outside scholarships, military and Veterans’ benefits, institutional, federal, and state work-study programs.

Acceptance Rate: 77.5%

Admission Considerations:
Along with their online applications, applicants should submit a professional resume, two professional letters of recommendation, a personal statement of academic and career goals, GMAT and GRE if a student’s cumulative GPA is below 3.0, and official transcripts.

Sampling of Coursework:

  • Managerial Economics
  • Business Law and the Accountant
  • Strategic Management

Course Flexibility:
The curriculum in St. Leo University’s online MBA in Accounting program gives students the freedom to design their course load in a manner that suits their personal needs for career goals. In this way, students receive a specialized education that prepares them for a wide variety of management accounting and business scenarios.

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UNIVERSITY OF MIAMI

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Program Standouts:
The University of Miami carefully scrutinizes the Master of Accounting curriculum to keep up with current practices and trends, thereby educating students in the best, modern business and managerial accounting techniques. Graduates are well-prepared for a career in managerial accounting in a wide variety of accounting fields and sectors.

Campus Location: Coral Gables, FL

Accreditation: Southern Association of Colleges and Schools; Association to Advance Collegiate Schools of Business

Tuition and Fees:

  • $1,790 per credit hour—tuition
  • $42 per semester—student activity fee

Financial Aid: Federal, state, institutional, and private scholarships.

Acceptance Rate: 40.5%

Admission Considerations:
Students must hold a bachelor’s degree from a regionally accredited academic institution and must submit official transcripts, GRE test results, three letters of recommendation, and international students must submit their TOEFL scores.

Sampling of Coursework:

  • International Management
  • Adm Sys for Quality Management
  • Accounting for Governmental and Not-for-Profit Entities

Course Flexibility:
“The UM Master of Accounting program offers the high degree of concentration in financial and managerial accounting, auditing and systems demanded of accounting professionals in public accountancy and industry today.”

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POST UNIVERSITY

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Program Standouts:
In Post University online Master of Accounting Program, students are challenged by complex team projects and assignments, wherein they learn valuable verbal and written communication skills as well as leadership and management skills. Students learn from a well-educated faculty who are also practitioners and can bring real-world experience to the classroom.

Campus Location: Waterbury, CT

Accreditation: New England Association of Colleges and Schools

Tuition and Fees:

  • $625 per credit hour—tuition

Financial Aid: Federal and institutional scholarships, payment plans, Veterans’ and military benefits.

Acceptance Rate: 77%

Admission Considerations:
All applicants must submit along with their application: official transcripts with a cumulative GPA of 3.0 or higher, otherwise staying in the program will be conditional on maintaining a 3.0, two letters of recommendation, and a current resume.

Sampling of Coursework:

  • Managerial Accounting
  • Advanced Accounting
  • Enterprise Risk Management

Course Flexibility:
Coursework guides students in the direction of a career in management and leadership in a large corporate/executive team, employing powerful faculties of decision making and complex, creative problem solving. Students mold their own schedule to take classes at their own pace in this online program.

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BAKER COLLEGE

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Program Standouts:
Every business and organization needs a skilled accountant who can not only accurately crunch numbers and keep the books, but who can also use creative problem solving in positions of management. “Baker’s MBA program in accounting is designed for managers with undergraduate accounting degrees who are seeking additional classes to advance in their career.”

Campus Location: West Branch, MI

Accreditation: Higher Learning Commission; International Assembly for Collegiate Business Education

Tuition and Fees:

  • $435 per credit hour—civilian tuition
  • $165 per credit hour—military tuition

Financial Aid: Federal and state grants, loans, and scholarships; Veterans’ and military benefits

Acceptance Rate: unavailable

Admission Considerations:
Once students submit an application to the MBA in Accounting program, they must also submit a personal essay (500-1000 words) of intent within the program, official transcripts with a cumulative GPA of no less than 2.75, GMAT and GRE scores are recommended yet not required.

Sampling of Coursework:

  • Accounting for the Contemporary Manager
  • Human Resource Management
  • Research and Statistics for Managers

Course Flexibility:
Students in this program gain a well-rounded education in the concepts of professional and management accounting in a professional atmosphere. Coursework focuses on critical thinking and powerful decision making in complex scenarios.

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AMERICAN INTERCONTINENTAL UNIVERSITY

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Program Standouts:
Students in this online program analyze what makes proper and professional techniques appropriate, closely examining what makes a fair and qualified leader. Graduates from American Intercontinental University are able to employ these tactics in the workplace and will recognize unethical situations, using creative problem solving to maintain an ethically moored work environment.

Campus Location: Schaumburg, IL

Accreditation: Higher Learning Commission; Accreditation Council for Business Schools and Programs

Tuition and Fees:

  • $582 per credit hour—tuition
  • $125 per quarter—technology fee

Financial Aid: Federal and state grants, scholarships, loans, and work-study.

Acceptance Rate: 43%

Admission Considerations:
Student must complete the online application, submit transcripts from an undergraduate institution, complete an informational interview with an admissions professional, and international students must submit TOEFL scores.

Sampling of Coursework:

  • Public and Not-For-Profit Accounting
  • Financial Statement Analysis
  • Corporate Finance

Course Flexibility:
Through a series of intensive courses and projects, such as the classes listed above, students will gain massive amounts of experience and information concerning proper business, accounting, and management techniques. Students have the freedom to construct their curriculum surrounding ideas, principles, and interests that they find most important/appealing.

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RUTGERS UNIVERSITY

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Program Standouts:
This unique program is the first Master of Accountancy in Governmental Accounting Program to be offered online. Rutgers has shaped a curriculum that gives students the necessary skills and understanding to perform management and leadership requirements in a high functioning environment.

Campus Location: New Brunswick, NJ

Accreditation: Middle States Commission on Higher Education; Association to Advance Collegiate Schools of Business

Tuition and Fees:

  • $3,768 per 3-credit course—tuition
  • $300 per 3-credit course—online program fee

Financial Aid: Federal grants and loans; institutional merit-based fellowships and assistantships.

Acceptance Rate: 59.5%

Admission Considerations:
Students must submit an online application with a non-refundable fee of $65, one official transcript, a personal statement, two letters of recommendation, and GMAT scores.

Sampling of Coursework:

  • Ethical Issues in Public Financial Management
  • Federal Financial Management
  • Design and Development of Information Systems

Course Flexibility:

Students must be prepared to design and create many of their own projects. This immersive academic experience is meant to give students a taste of the real needs of the career field. Offering several independent study opportunities to concentrate in particular areas of accounting, management accounting, or other areas, students have the option of building a curriculum that is well-suited for their individual career goals.

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