Northwestern University
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- Programs offered: 29
Source:IPEDSCollege Scorecard
An online master’s in accounting – usually a Master of Accountancy (MAcc) or MS in Accounting – is a 30-36 credit graduate degree that deepens technical accounting skills and, for most students, closes the credit gap to CPA licensure. Every U.S. jurisdiction requires 150 semester hours of education for the CPA, about 30 hours beyond a standard bachelor’s degree, and a master’s is the most structured way to get there.
The earnings case is concrete. According to College Scorecard data, accounting master’s graduates earn a median $68,141 one year after graduation and $93,465 four years after graduation – $20,827 more at the 4-year mark than bachelor’s graduates ($72,638) – while carrying a median federal debt of $25,6741. Common destination roles include financial analyst (median $102,740) and, with experience, financial manager (median $166,570) (BLS OEWS, May 2025)2.
An online master’s in accounting (MAcc or MS in Accounting) is a 30-36 credit graduate degree covering advanced financial reporting, auditing, taxation, and accounting analytics. Most students use it to reach the 150 semester hours required for CPA licensure.
College Scorecard data shows a median of $68,141 one year after graduation and $93,465 four years after graduation – compared with $53,818 and $72,638 for bachelor’s graduates.
No. The CPA requires 150 semester hours of education, not a specific degree. But a master’s is the most common structured route to those credits, and the coursework aligns closely with the CPA exam.
Typically 1-2 years. Full-time students often finish in 12-18 months; part-time students working full-time usually take about 2 years.
A MAcc is a technical accounting degree built around financial reporting, audit, and tax; an MBA is a general management degree. CPA-track students usually choose the MAcc because its credits satisfy state-board accounting requirements more directly.
Often, yes. Many programs admit non-accounting majors and require foundation or bridge courses in financial accounting, managerial accounting, and taxation before the graduate core.
For a full map of this program area, start here: Accounting Program Guide
Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:
Schools without enough outcome data appear after ranked schools, without a score. Advertising never affects these rankings. Read the full methodology.
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:Accreditor: Southern Association of Colleges and Schools Commission on CollegesIPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Three reasons dominate, and each is measurable:
Graduate accounting coursework moves past mechanics into judgment-heavy topics:
| Course | Description |
|---|---|
| Advanced Financial Reporting | Consolidations, business combinations, and complex GAAP topics |
| Advanced Auditing | Risk assessment, audit data analytics, and fraud considerations |
| Corporate and Pass-Through Taxation | Taxation of corporations, partnerships, and S corporations |
| Tax Research and Planning | Authority hierarchy, research methodology, and planning strategies |
| Accounting Analytics | Data analytics, visualization, and audit/finance applications |
| Governmental and Nonprofit Accounting | Fund accounting and public-sector reporting standards |
| Professional Ethics and Responsibility | AICPA Code of Professional Conduct and regulatory environment |
| Capstone or Seminar | Integrative cases or research projects |
Many programs offer graduate concentrations matching the tracks covered in our concentration guides: Taxation, Auditing, Forensic Accounting, and Managerial Accounting.
For the full coursework picture across levels, see: Accounting Curriculum
A common sequence for online students:
Non-CPA paths matter too: managerial accounting coursework maps to the CMA exam (Institute of Management Accountants), and audit concentrations support the CIA credential (Institute of Internal Auditors).
College Scorecard tracks outcomes for accounting master’s graduates who received federal aid1:
| Measure | Value |
|---|---|
| Median earnings, 1 year after graduation | $68,141 |
| Median earnings, 4 years after graduation | $93,465 |
| Median earnings, 5 years after graduation | $93,062 |
| Median federal student debt at graduation | $25,674 (College Scorecard) |
| Schools offering the program | 616 |
| Schools offering distance education | 327 (53.1%) |
The debt-to-earnings ratio is favorable: median debt of $25,674 against median 4-year earnings of $93,465. For cost-reduction strategies, see Affordable Accounting Programs.
Common requirements include:
See the full checklist: Accounting Admissions Requirements
Online master’s programs serve working professionals, so most are asynchronous with structured weekly deadlines. Compare pacing options:
Verify institutional accreditation first – it is what state boards of accountancy check for CPA eligibility. Programmatic accreditation from AACSB (including its supplemental accounting accreditation), ACBSP, or IACBE is an additional quality signal.
Full guidance: Accounting Accreditation
| Degree Level | Duration | Credits | Median Earnings 4 Yrs After | Median Debt |
|---|---|---|---|---|
| Certificate | 6-12 months | 15-30 | $43,492 | $10,864 |
| Associate | 2 years | ~60 | $48,906 | $18,343 |
| Bachelor’s | 4 years | ~120 | $72,638 | $22,890 |
| Master’s | 1-2 years | 30-36 | $93,465 | $25,674 |
Source: U.S. Department of Education College Scorecard field-of-study data for accounting (CIP 52.03).
For the broader value discussion, see: Is an Accounting Degree Worth It
U.S. Department of Education, College Scorecard field-of-study data for accounting (CIP 52.03), master’s degree level. ↩︎ ↩︎ ↩︎
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025. National median annual wages. ↩︎ ↩︎
Data verified: June 11, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.