Earning your online Master’s degree in Accounting can be most beneficial. Your new degree will afford you many opportunities that were otherwise not available to you. You can expect a better salary, a promotion or, if you so desire, you will qualify to sit for certification exams.
As your bachelor’s degree provided you with accounting basics, those with an online Master’s of Accounting degree truly display an interest in business practice, laws and ethics, as well as, their love for numbers and evaluating financial risks. But, what sort of opportunities will await you with your prestigious degree? Let’s look at a few possible options for you to consider.
Most students who have earned their online Master’s degree in Accounting, undoubtedly, want to pursue a career as a Certified Public Accountant (CPA). Your degree will help you meet the qualifications to sit for the exam. Upon passing, you will qualify for the highest ranking of employment within the field of accounting available. You can work in the private or public sector, as you will be a valuable asset to your company in any capacity. CPA’s typically earn $70,000 – $110,000 annually, depending on their experience, as well as other factors.
Auditors check a company’s or individual’s financial records to make sure the numbers are valid. In this capacity, you may work for the government or can work for a large corporation, who ensures that money is spent and collected properly. Auditors earn an average of $70,000 per year, however, they can earn upwards of $122,000 annually, depending on experience.
Forensic accountants typically work for law enforcement agencies. They are hired to investigate money dealings pertaining to potential criminal activity. They are also often hired by lawyers and called upon to testify in a court of law. A forensic accountant generally earns $72,500 annually.
Revenue agents and tax examiners might not be very popular people, but they have a job to do nonetheless. In this position, you will be tasked with reviewing tax returns for both state and federal agencies. You will check for errors and collect overdue tax payments. An IRS agent in an operations management position can make upwards of $177,000 annually.
As a controller, also known as a comptroller, you can earn between $72,000 to $192,000 annually, with an average of $100,000 per year. Your salary will depend on many factors, however, primarily on the size of the company you represent. Controllers are the chief accounting officer in the accounting department. They are responsible for the company’s accounting practices and financial statements.
The economist earns $102,490 annually with their online Master’s degree in Accounting. They research, collect and analyze data concerning the production and distribution of goods and services. They examine trends and evaluate all economic subjects.
A Certified Management Accountant (CMA) must obtain certification and is responsible for a company’s investments. They focus greatly on cost accounting and proper management. They typically earn $85,000 annually or more, depending on experience and educational degree.
As you can see, there are many career options to explore in the field of accounting. Follow your interests to choose an occupation that best suits your needs and personality. We have compiled a list of the Top 15 Online Master’s of Management Accounting to help you in your endeavors.