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Online Accounting Degrees Explained: Which Path Suits You Best?

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An online accounting degree opens doors to many promising careers dealing with the numbers side of business. Thanks to flexible online programs from accredited colleges nationwide, you have more options than ever to earn an accounting degree online. Read on to learn about the different online accounting degree paths available to help you pick the one that aligns with your goals.

Types of Online Accounting Degrees

Several levels of accounting degrees can be earned online, including:

1. Bachelor’s in Accounting

A 4-year bachelor’s degree in accounting teaches you the essentials of accounting principles and practices. Core topics like financial reporting, managerial accounting, taxes, auditing, and more will equip you for entry-level roles such as staff accountant, accounting clerk, or bookkeeper.

2. Master of Accounting 

A Master of Accounting degree is a graduate program that uses an advanced curriculum to explore accounting issues further. You may complete this degree online in one to two years. The MAcc builds on a foundational understanding of accounting from undergraduate studies and aids with CPA test preparation. It is appropriate for people looking for careers in higher accounting levels.

3. Master of Business Administration in Accounting

An MBA with an accounting concentration combines advanced accounting studies with broader business management skills. This online degree option takes 2 years and provides great versatility for business leadership roles with a financial focus.

4. Master of Science (MS) in Accounting

A Master of Science in Accounting is a specialized graduate program focused on high-level accounting proficiency. This advanced online accounting degree typically takes 1-2 years to complete. It enables students to gain expertise in areas like taxation, auditing, reporting, and forensic accounting.

Online vs On-Campus Programs

Online accounting degrees have become widely accepted by employers and offer many benefits over traditional on-campus programs, including:

  • Flexibility – Online programs allow students to complete coursework independently from any location. This enables working professionals to advance their education without career disruption.
  • Cost savings – Online choices minimize commute costs and provide lower tuition prices. There are also additional options for scholarships and financial help.
  • Network access – Reputable online programs provide access to valuable school alumni networks, which may be useful for job searches after graduation.
  • Updated technology – Online curriculums integrate the latest accounting software programs and IT tools used in the field.
  • Customizable pacing – Students can move through online courses at their own pace year-round, allowing accelerated completion.

Choosing an Online Accounting Degree Program

When researching online accounting degree options, be sure to look for these important criteria:

  • Accreditation – Select regionally or nationally accredited programs to ensure quality standards are met. 
  • CPA exam prep – Programs that properly prepare graduates for the Uniform CPA Exam lead to higher CPA pass rates. Look for CPA review courses integrated into the curriculum.
  • Internship opportunities – Programs with accounting internship opportunities allow students to gain practical experience and make career connections.
  • Certified faculty – Faculty with CPAs and other relevant accounting certifications can provide informed, experienced instruction.
  • Hands-on learning – Curriculums emphasizing real-world simulations, case studies, group projects, and accounting software build in-demand job skills.

Conclusion 

As demand increases for accounting professionals versed in leading-edge skills, an online accounting degree provides a bridge to career advancement. Accredited online programs deliver the expertise, qualifications, and capabilities to drive your career growth – with scheduling flexibility for today’s busy professionals. At Edgewood College, our Master of Science in Accounting degree sharpens high-level skills – from data analytics to strategic financial leadership.

Consider advancing your accounting career with the online Master of Science in Accounting degree from Edgewood College. Let an online accounting degree pave the way for career success and financial growth.