If you have an undergraduate degree, or equivalent, in accounting, and are wanting to obtain CPA or CMA certification, you may want to check out this online program. SUNY Polytechnic University is part of the State University of New York system and the MS in accounting degree is fully accredited by the AACSB.
Among the 33 credit hours required, you’ll study core courses covering advanced topics in analytics, auditing, financial management, quantitative analysis, information systems, and more. A concentration in forensic accounting is available by completing nine credit hours. Prerequisites may be required in some cases.
As with most schools, admission requires an application, an undergraduate degree, academic transcripts, GMAT scores, professional or academic recommendation, and a resume. SUNY Poly Tech is ranked in U.S. News and World Report’s “Best Value Schools,” “Top Public Schools,” “Best Colleges for Veterans,” and “Best Value Schools”.
More InformationWhat Graduate Degree Do I Need?
There are a number of graduate accounting degrees available and titles will vary depending on the school. You may find degree titles such as Master of Accountancy (MAcc), Master of Professional Accountancy (MPA), Master of Science in Accounting (MSA), or Master of Business Administration (MBA).
Whatever the degree is called, you’ll want to check to see if it will prepare you to sit for certification exams in your state. Each state has different educational criteria for licensure and certification.
What Skills Do I Need to Be an Accountant?
It takes more than skill with numbers to be an accountant. In today’s complex accounting world, it helps to be self-motivated, have a keen attention to detail, have good organization skills, as well as an ability to work both independently and with teams. Strong interpersonal communication skills are important as are time management abilities.
What Is the Job Outlook for Accounting?
The overall job outlook for trained accountants appears stable, according to the Bureau of Labor Statistics. Between 2018-2028, the estimated job growth for the profession will be an average of 6%, which is considered about as fast as average.
Accounting jobs can be found in various sectors including companies and corporations, government agencies, financial services, insurance companies, tax preparation, and payroll services. The ever growing healthcare industry also is a good place for employment.
How Much Can I Earn With an MS in Accounting?
Any salary estimate will depend on your job as well as where you live and work. You also should factor in benefits such as health insurance, paid time off, tuition reimbursement, etc.
PayScale reports salaries for Master’s prepared accountants: accounting manager $79,000, financial controller $86,000, corporate controller $101,000 and chief financial officer (CFO) $132,000.
Do I Need to Be Certified in Accounting?
There are several professional certifications available for accountants depending on your career or what you want to accomplish. Among the certifications are: Certified Public Accountant (CPA), Certified Financial Analyst (CFA), Certified Management Accountant (CMA), and Certified Internal Auditor (CIA).
Will I Be Certified With a Master’s Degree in Accounting?
A MS in accounting won’t automatically certify you in the field. In the example of the CPA certification, nearly every state requires certified accountants to have 150 credit hours for licensure. Undergraduate degrees typically require 120 credit hours for completion and graduate degrees are usually 30 credit hours in length.
Graduate hours will count toward the hours needed to sit for the CPA exam or other certification requirements.
Should I Look for a Specific Program Accreditation?
Accreditation is an important aspect of choosing an academic program. It’s valuable to know that the school curriculum, faculty, and policies meet specific guidelines. Accredited colleges and universities undergo periodic, institutional peer reviews as a quality assurance method. Additionally, specific academic programs are accredited.
You should check to see if the accounting program you’re interested in is accredited by the Association to Advance Collegiate Schools of Business International (AACSB-I) or the Accreditation Council for Business Schools and Programs (ACBSP.)
Do I Need an Accounting Degree to get a Master’s in Accounting?
Surprisingly, no. Many business schools will admit students with an undergraduate degree in a field other than accounting. Your admission may be conditional, pending completion of prerequisite courses in business and/or accounting. The school may also consider your work/life experience, GRE/GMAT test scores, and your undergraduate GPA in determining your admission status.
You may want to talk with an admission advisor to see what criteria is used for non-accounting undergraduates.
Are There Accounting Specialities?
Yes. Almost every career has specialties and accounting is no different. Online accounting degree programs may provide concentrations in internal audit, nonprofit organizations, financial advising, management accountant, etc. Schools and programs may offer a wide variety of concentrations you can study in addition to the core business and accounting courses.