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Compare Accounting Programs

Most schools have rolling admissions and financial help so you can start your degree in a few weeks!

Compare Accounting Programs

Most schools have rolling admissions and financial help so you can start your degree in a few weeks!

An online accounting degree can prepare students for a variety of career paths, such as accountants and auditors, loan officers, compensation and benefits analysts, and more.

The first step in furthering your education in this field is finding the right online accounting degree program for you. With that in mind, Intelligent.com reviewed dozens of accounting degree programs based on their cost, retention and graduation rates, faculty, rankings, and more. The result is our list of picks for the absolute best online accounting programs available.

To provide students with additional support in this journey, Michelle Pickett, the director of Northern Illinois University’s Academic Advising Center, offers her expert insight into what students should look for in an online accounting degree program and what they can expect in terms of program cost and duration, admissions requirements, career opportunities and more.

What You Expect From an Online Accounting Degree Program

A bachelor’s degree in accounting introduces students to the foundational and intermediate skills and principles they need for basic accounting roles in various settings. Students gain an appreciation for how accounting intersects with other areas of business, including marketing, finance, management, business law, and more.

Curriculum specifics vary by program, but in most cases, students start with a core curriculum that provides an overview of accounting basics alongside foundational business courses. As students progress through their programs, they often have an opportunity to specialize within an area of accounting, such as financial accounting, managerial accounting, taxation, auditing, or forensic accounting. Internships or other field experiences are a common component of undergraduate accounting programs, giving students first-hand experience in a professional setting before graduation. Continuing your education and completing a master’s in accounting program allows for further specialization and professional opportunities.

Asynchronous and synchronous learning contribute to the flexibility of completing an online accounting degree, and both options can be a good fit for different reasons. Asynchronous learning allows students to access course materials, lectures, and assignments at their own pace, making it suitable for those with full-time jobs or other commitments. Conversely, synchronous learning involves real-time interaction with instructors and fellow students through virtual platforms, offering a more structured and collaborative learning experience.

Potential courses you’ll take in an online accounting degree program

  • Financial Accounting: Examines the development, objective, and purpose of financial statements, emphasizing the preparation, analysis, and use of these statements to make operating, financial, and investment decisions.
  • Managerial Accounting: Teaches the fundamental tools and principles of managerial accounting for decision-making purposes, including planning and control and preparing management accounting reports and statements for making internal business decisions.
  • Introduction to Corporate Finance: Studies the basic theory, techniques, and application of financial analysis tools for business financial administration and decision-making.
  • Cost Accounting: Reviews the concepts and methodologies applicable to understanding a cost accounting system for business decision-making, cost control, and performance assessment and explores statistical methods in measuring cost behavior, overhead, and fixed costs.
  • Principles of Taxation: Covers the objectives and principles of taxation, including the economic policy underlying various tax systems — property, consumption, value-added, federal, and state income tax regimes.

The Top 50 Online Accounting Degree Programs

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#1
Pensacola, FL | 4 years | Online + Campus | Public

University of West Florida

Intelligent Score: 99.62
Undergraduate Tuition

In-state: $3,735

Out-of-state: $16,004

Graduate Tuition

In-state: $7,088

Out-of-state: $7,088

Test scores

SAT: 1060-1230

ACT: 21-27

Retention Rate
84%
Admission Rate
58%
On-campus students
3%
Graduation Rate
48%
Students enrolled
13,000
Student to faculty ratio
20:01
Average Salary
$34k
Average Student Debt
$17k

ESTIMATED COST PER CREDIT

$211

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 850-474-2717

#2
Amherst, MA | 4 years | Online + Campus | Public

UMass Amherst

Intelligent Score: 98.79
Undergraduate Tuition

In-state: $15,791

Out-of-state: $35,779

Graduate Tuition

In-state: $14,014

Out-of-state: $14,014

Test scores

SAT: 1200-1390

ACT: 27-32

Retention Rate
89%
Admission Rate
65%
On-campus students
4%
Graduation Rate
83%
Students enrolled
32,000
Student to faculty ratio
17:01
Average Salary
$44k
Average Student Debt
$23k

ESTIMATED COST PER CREDIT

$495

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 413-545-5610

#3
St Mary-Of-The-Woods, IN | 4 years | Online + Campus | Private

Saint Mary-of-the-Woods College

Intelligent Score: 98.24
Undergraduate Tuition

In-state: $49,046

Out-of-state: $51,013

Graduate Tuition

In-state: $39,917

Out-of-state: $39,917

Test scores

SAT: 868 and 1052

ACT: 18 and 30

Retention Rate
69%
Admission Rate
78%
On-campus students
76%
Graduation Rate
38%
Students enrolled
784
Student to faculty ratio
9-to-1
Average Salary
38,510
Average Student Debt
19,512

ESTIMATED COST PER CREDIT

$496

DELIVERY FORMAT

Online, On-Campus

ACCREDITATION

Higher Learning Commission

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 812-535-5151

#4
Portales, NM | 4 years | Online + Campus | Public

Eastern New Mexico University

Intelligent Score: 97.89
Undergraduate Tuition

In-state: $4,074

Out-of-state: $6,114

Graduate Tuition

In-state: $5,351

Out-of-state: $5,351

Test scores

SAT: 950-1160

ACT: 17-23

Retention Rate
61%
Admission Rate
51%
On-campus students
1%
Graduation Rate
36%
Students enrolled
5,000
Student to faculty ratio
17:01
Average Salary
$29k
Average Student Debt
$16k

ESTIMATED COST PER CREDIT

Resident: $174

Non-Resident: $257

DELIVERY FORMAT

Online, On-Campus

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 575-562-2178

#5
Fayetteville, AR | 4 years | Online + Campus | Public

University of Arkansas

Intelligent Score: 97.64
Undergraduate Tuition

In-state: $7,568

Out-of-state: $24,056

Graduate Tuition

In-state: $7,752

Out-of-state: $7,752

Test scores

SAT: 1090-1280

ACT: 23-29

Retention Rate
85%
Admission Rate
78%
On-campus students
3%
Graduation Rate
68%
Students enrolled
28,000
Student to faculty ratio
19:01
Average Salary
$41k
Average Student Debt
$22k

ESTIMATED COST PER CREDIT

$339

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-952-1165

#6
Salt Lake City, UT | 4 years | Online + Campus | Private

Western Governors University

Intelligent Score: 97.48
Undergraduate Tuition

In-state: $6,380

Out-of-state: $6,380

Graduate Tuition

In-state: $7,500

Out-of-state: $7,500

Test scores

SAT: N/A

ACT: N/A

Retention Rate
75%
Admission Rate
N/A
On-campus students
100%
Graduation Rate
47%
Students enrolled
148,000
Student to faculty ratio
42:01:00
Average Salary
$48k
Average Student Debt
$12k

ESTIMATED COST PER CREDIT

$312

DELIVERY FORMAT

Online

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

121

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 801-274-3280

#7
Minneapolis, MN | 4 years | Online + Campus | Public

University of Minnesota Crookston

Intelligent Score: 97.35
Undergraduate Tuition

In-state: $13,318

Out-of-state: $31,616

Graduate Tuition

In-state: $17,580

Out-of-state: $17,580

Test scores

SAT: 1240-1460

ACT: 25-31

Retention Rate
93%
Admission Rate
70%
On-campus students
17%
Graduation Rate
84%
Students enrolled
52,000
Student to faculty ratio
17:01
Average Salary
$46k
Average Student Debt
$20k

ESTIMATED COST PER CREDIT

$441

DELIVERY FORMAT

Online

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-862-6466

#8
Tucson, AZ | 4 years | Online + Campus | Public

University of Arizona

Intelligent Score: 96.82
Undergraduate Tuition

In-state: $10,990

Out-of-state: $33,273

Graduate Tuition

In-state: $11,938

Out-of-state: $11,938

Test scores

SAT: 1090-1350

ACT: 21-29

Retention Rate
85%
Admission Rate
85%
On-campus students
44%
Graduation Rate
65%
Students enrolled
46,000
Student to faculty ratio
15:01
Average Salary
$42k
Average Student Debt
$20k

ESTIMATED COST PER CREDIT

$530

DELIVERY FORMAT

Online

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 520-621-3237

#9
San Diego, CA | 4 years | Online + Campus | Private

National University

Intelligent Score: 95.81
Undergraduate Tuition

In-state: $13,320

Out-of-state: $13,320

Graduate Tuition

In-state: $15,480

Out-of-state: $15,480

Test scores

SAT: N/A

ACT: N/A

Retention Rate
45%
Admission Rate
89%
On-campus students
56%
Graduation Rate
47%
Students enrolled
18,000
Student to faculty ratio
16:01
Average Salary
$52k
Average Student Debt
$27k

ESTIMATED COST PER CREDIT

$370

DELIVERY FORMAT

Online, On-Campus

ACCREDITATION

International Accreditation Council for Business Education

REQUIRED CREDITS TO GRADUATE

180

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 855-355-6288

#10
Utica, NY | 4 years | Online + Campus | Public

SUNY Polytechnic Institute

Intelligent Score: 95.67
Undergraduate Tuition

In-state: $28,762

Out-of-state: $40,412

Graduate Tuition

In-state: $29,287

Out-of-state: $29,287

Test scores

SAT: NA

ACT: NA

Retention Rate
75%
Admission Rate
77%
On-campus students
17%
Graduation Rate
65%
Students enrolled
3,000
Student to faculty ratio
13-to-1
Average Salary
Average Student Debt
$17k

ESTIMATED COST PER CREDIT

Resident: $295

Non-Resident: $353

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

125

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 315-792-7500

#11
Saint Louis, MO | 4 years | Online + Campus | Private

Maryville University

Intelligent Score: 95.08
Undergraduate Tuition

In-state: $24,766

Out-of-state: $24,766

Graduate Tuition

In-state: $14,346

Out-of-state: $14,346

Test scores

SAT: N/A

ACT: N/A

Retention Rate
83%
Admission Rate
95%
On-campus students
17%
Graduation Rate
75%
Students enrolled
11,000
Student to faculty ratio
13:01
Average Salary
$44k
Average Student Debt
$23k

ESTIMATED COST PER CREDIT

$540

DELIVERY FORMAT

Online

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

128

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 314-445-4864

#12
Philadelphia, PA | 4 years | Online + Campus | Public

Temple University

Intelligent Score: 94.86
Undergraduate Tuition

In-state: $16,080

Out-of-state: $28,992

Graduate Tuition

In-state: $16,956

Out-of-state: $16,956

Test scores

SAT: N/A

ACT: N/A

Retention Rate
87%
Admission Rate
71%
On-campus students
8%
Graduation Rate
75%
Students enrolled
37,000
Student to faculty ratio
13:01
Average Salary
$42k
Average Student Debt
$24k

ESTIMATED COST PER CREDIT

$665

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

124

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 888-340-2222

#13
Angola, IN | 4 years | Online + Campus | Private

Trine University

Intelligent Score: 94.85
Undergraduate Tuition

In-state: $32,990

Out-of-state: $32,990

Graduate Tuition

In-state: $41,457

Out-of-state: $41,457

Test scores

SAT: 1010-1210

ACT: 20-27

Retention Rate
84%
Admission Rate
79%
On-campus students
74%
Graduation Rate
61%
Students enrolled
4,000
Student to faculty ratio
17:01
Average Salary
$40k
Average Student Debt
$25k

ESTIMATED COST PER CREDIT

$299

DELIVERY FORMAT

Online

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-347-4878

#14
Macon, GA | 4 years | Online + Campus | Private

Mercer University

Intelligent Score: 94.42
Undergraduate Tuition

In-state: $28,695

Out-of-state: $28,695

Graduate Tuition

In-state: $14,964

Out-of-state: $14,964

Test scores

SAT: 1180-1340

ACT: 25-31

Retention Rate
87%
Admission Rate
78%
On-campus students
52%
Graduation Rate
73%
Students enrolled
9,000
Student to faculty ratio
14:01
Average Salary
$40k
Average Student Debt
$25k

ESTIMATED COST PER CREDIT

$525

DELIVERY FORMAT

Online, On-Campus

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-637-2378

#15
Tampa, FL | 4 years | Online + Campus | Public

University of South Florida

Intelligent Score: 94.37
Undergraduate Tuition

In-state: $4,559

Out-of-state: $15,473

Graduate Tuition

In-state: $8,350

Out-of-state: $8,350

Test scores

SAT: 1160-1320

ACT: 25-30

Retention Rate
92%
Admission Rate
49%
On-campus students
10%
Graduation Rate
74%
Students enrolled
51,000
Student to faculty ratio
22:01
Average Salary
$39k
Average Student Debt
$19k

ESTIMATED COST PER CREDIT

$105

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 813-974-4186

#16
Storm Lake, IA | 4 years | Online + Campus | Private

Buena Vista University

Intelligent Score: 92.90
Undergraduate Tuition

In-state: $36,426

Out-of-state: $36,426

Graduate Tuition

In-state: $9,936

Out-of-state: $9,936

Test scores

SAT: N/A

ACT: N/A

Retention Rate
74%
Admission Rate
56%
On-campus students
38%
Graduation Rate
62%
Students enrolled
2,000
Student to faculty ratio
10:01
Average Salary
$36k
Average Student Debt
$25k

ESTIMATED COST PER CREDIT

$465

DELIVERY FORMAT

Online,On-Campus

ACCREDITATION

Higher Learning Commission

REQUIRED CREDITS TO GRADUATE

150

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-383-9600

#17
Boca Raton, FL | 4 years | Online + Campus | Public

Florida Atlantic University

Intelligent Score: 92.74
Undergraduate Tuition

In-state: $2,522

Out-of-state: $14,374

Graduate Tuition

In-state: $5,467

Out-of-state: $5,467

Test scores

SAT: 1060-1220

ACT: 21-26

Retention Rate
82%
Admission Rate
75%
On-campus students
3%
Graduation Rate
56%
Students enrolled
31,000
Student to faculty ratio
22:01
Average Salary
$39k
Average Student Debt
$18k

ESTIMATED COST PER CREDIT

Resident: $263

Non-Resident: $781

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 561-297-3688

#18
Tempe, AZ | 4 years | Online + Campus | Public

Arizona State University

Intelligent Score: 92.24
Undergraduate Tuition

In-state: $10,710

Out-of-state: $28,800

Graduate Tuition

In-state: $11,720

Out-of-state: $11,720

Test scores

SAT: 1100-1320

ACT: 21-28

Retention Rate
86%
Admission Rate
88%
On-campus students
15%
Graduation Rate
66%
Students enrolled
75,000
Student to faculty ratio
18:01
Average Salary
$42k
Average Student Debt
$20k

ESTIMATED COST PER CREDIT

$563

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

120

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 866-277-6589

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How we rank schools

This list features some of the best online accounting degree programs at top colleges across the country. Each school featured is a nonprofit, accredited institution — either public or private — with a high standard of academic quality for post-secondary institutions.

We evaluated each school’s program on tuition costs, admission, retention and graduation rates, faculty, reputation, and the student resources provided for online students. Then, we calculated the Intelligent Score on a scale of 0 to 100. Read more about our ranking methodology.

Next, we compared this comprehensive list of online accounting programs to a list of aggregated college rankings from reputable publications like the U.S. News & World Report, among others, to simplify a student’s college search. We pored through these rankings so students don’t have to.

What Can I Do With Online Accounting Degree Programs

Degree?

By earning an accredited online degree in accounting, you can unlock a world of opportunities in the financial realm, says Michelle Pickett, the director of Northern Illinois University’s Academic Advising Center. “A bachelor’s degree in accounting provides individuals with the skills to prepare and examine financial records, evaluate financial data for its accuracy, and ensure that the appropriate taxes are paid,” Picket says. “Your financial reporting and budgeting expertise will make you a valuable asset to organizations seeking to maintain accurate records and make informed financial decisions.”

Accounting offers diverse career prospects for individuals with a penchant for numbers, analysis, and strategic decision-making. Through comprehensive coursework and practical experiences, this degree equips you with the skills and knowledge necessary to navigate careers in finance, taxation, auditing, and more.

While a bachelor’s degree in accounting is sufficient to obtain many entry-level accounting positions, as well as a Certified Public Accounting (CPA) license, students who want to advance to high-level accounting roles may want to pursue a master’s degree in accounting or a Master of Business Administration (MBA).

Career outlook

  • Accountants and auditors: Prepare and examine financial records, identify potential areas of opportunity and risk, ensure accurate financial records, and provide solutions for businesses and individuals. 
    • Median annual salary: $79,880
    • Projected employment growth (through 2032): 4%
    • New jobs projected: 126,500 per year
  • Budget analysts: Help public and private organizations plan their finances by preparing budget reports and monitoring organizational spending.
    • Median annual salary: $84,940
    • Projected employment growth (through 2032): 3%
    • New jobs projected: 3,600 per year
  • Financial managers: Oversee an organization’s economic health by creating financial reports, direct investment activities, and developing plans for its long-term financial goals.
    • Median annual salary: $156,100
    • Projected employment growth (through 2032): 16%
    • New jobs projected: 69,600 per year

How to Choose an Online Accounting Degree Programs

Clarify your goals and priorities

While earning an accounting degree is an excellent way to pursue an in-demand and lucrative career, it’s crucial to ensure that this degree closely aligns with your goals and interests. Consider exploring introductory accounting courses to gauge your interest and aptitude or shadowing professionals in the field to get real-world exposure.

Researching career prospects, job responsibilities, and potential paths within accounting helps align expectations. “Consider a program that allows you to explore courses that focus on the basic similarities of the accounting degree to other business areas, such as finance and business administration,” Pickett says. Consulting with academic advisors, current accounting students, and professionals can also offer valuable insights that apply to your unique situation.

Now is also an ideal time to reflect on your logistical needs. Determine whether a synchronous or asynchronous online program will better suit your learning style and schedule and if you will enroll in a program full-time or part-time.

Research schools and programs

As you begin collecting information on potential schools and programs, you must ensure that any institutions you’re considering are accredited by a recognized accrediting body. “Accreditation is important when looking at the academic requirements, standards, and quality of a program’s academic curriculum,” Pickett says. “It also factors into a student’s eligibility for federal financial aid funding.” Institutions should have accreditation through a recognized regional accrediting agency, while accounting programs may be accredited by organizations such as the Association to Advance Collegiate Schools of Business (AACSB) or the Accreditation Council for Business Schools and Programs (ACBSP).

Comprehensive research can ensure that you make an informed decision on the best fit for your accounting degree. Start by compiling a list of potential schools based on specialization options, program reputation, and accreditation. Then, explore each school’s website to gather information on curriculum, faculty expertise, and student support services. You can also read reviews and research rankings to gauge program quality and contact current students or alumni for their firsthand experiences. Lastly, consider visiting campus or participating in virtual tours to get a feel for the environment.

Prepare for tests and applications

While conducting your research on potential schools, you should also review their guidelines for applications and eligibility. This information will often vary from school to school, so it can be helpful to use a spreadsheet or checklist to stay organized when applying to multiple schools.

In general, an application for a bachelor’s degree in accounting requires the following:

  • Completed applications and required fees
  • Official transcripts from high school and any other previously attended colleges
  • Letter(s) of recommendation
  • Personal statement
  • Resume or CV
  • SAT or ACT scores

Some programs may have eligibility requirements, such as a minimum high school GPA or coursework in certain related subjects. If you have questions about application requirements and procedures, contact the school’s admissions office.

Select your program

You can feel confident selecting your program after conducting thorough research, reviewing admissions requirements, and considering financial factors. Choose a program that resonates with your aspirations and offers the best fit for your academic and professional journey in accounting.

Determine how you’ll pay for your degree

You should also gather information about tuition costs, fees, and financial aid options as you research programs and decide which school you’ll attend.

A key step in this process is submitting the Free Application for Federal Student Aid (FAFSA), which institutions use to determine student eligibility for need-based aid such as scholarships, grants, work-study, and student loans. Students can also seek scholarships and grants through outside sources, such as professional development organizations, private foundations, community and religious groups, and government programs.

Students planning on working while earning their accounting degree should inquire with their employer about available tuition assistance benefits, which can help offset some of the costs of higher education. Veterans and active-duty military service members can check with their schools about military tuition discounts and GI Bill benefits.

Online Accounting Degree Program Frequently Asked Questions

How much does an online accounting degree program cost?

The cost of an online accounting degree varies based on several factors. For the most accurate information about a program’s cost, speak to a financial aid counselor at the schools you’re considering.

According to the National Center for Education Statistics (NCES), the average annual tuition for four-year degree programs during the 2022-23 academic year was $9,750 at public colleges and $38,421 at private schools. Public university students should note if the school charges different tuition rates for in-state and out-of-state students.

The student’s pace of study can also influence costs. Pursuing a degree part-time can be more manageable for those who need to work while studying. However, it may extend the duration of the program, resulting in additional costs for tuition and fees in the long run.

How long does earning an online accounting degree take?

A bachelor’s degree in accounting typically requires 120 credits, translating to four years of full-time study and 5-6 years of part-time study.

Online students may be eligible for accelerated programs, which condense coursework into a shorter time frame (usually three years). Students who have previously earned credits from another college or degree program may be eligible for degree completion programs, allowing them to transfer credits and earn their accounting degree in a shortened time frame.

Is an online accounting degree worth it?

“Earning an online accounting degree is valuable in preparing individuals to pursue careers related to accounting, auditing, and budget management in various industries,” Pickett says.

The demand for accountants and auditors is projected to grow by 4% over the next decade, meaning that professionals in this field can count on steady employment for the foreseeable future. This degree also prepares students for several related roles, including budget analyst, loan officer, auditor, financial examiner, and financial analyst.

It’s essential to acknowledge that there is more to selecting this major than high demand. Determining an accounting degree’s potential Return on Investment (ROI) is also important. According to the Education Data Initiative data, the lifetime ROI for most Bachelor’s degrees, including accounting, is an impressive 287.7%. However, most degree holders don’t see these returns for 15 years after earning their degree. For the first ten years, the ROI on a Bachelor’s degree is -41.1%.

Students who continue to earn their master’s in accounting have a different reality due to increased job prospects and higher earnings. According to data from the University of North Carolina, graduates with a master’s in accounting will likely double their annual salary in just five years. In addition, graduate students with a degree in accounting are likely to incur less student debt than other professional degrees, like law and medicine, because the degree can be completed in a shorter amount of time.

Other Online Accounting Degrees