Lead with an MBA in Accounting
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Advance your expertise in business and financial management with a Master of Business Administration (MBA) in Accounting from Southern New Hampshire University. Built specifically for today's business needs, the MBA in Accounting online program deepens your understanding of capital budgeting, finance and portfolio management.
SNHU, founded as the New Hampshire School of Accounting in 1932, has a long history of graduating successful accounting professionals. Our graduates are working at management-level positions in a range of industries. And as an MBA student, you'll have the opportunity to connect and network with faculty and alumni in the accounting, finance and business management fields.
"This program is ideal for anyone who wants to be a business owner or manager – particularly any manager who oversees an accounting department but doesn't have a background in accounting," said Mona Stephens, accounting faculty lead at SNHU.
No matter where you want to go in the business world, and what industry you want to work in, accounting knowledge will always be useful as an essential business function.
Learn how to:
The MBA in Accounting is just one of 20 concentration options at SNHU. Learn more about all of our career-focused online MBA programs.
The need for business and finance occupations continues to rise.
Through 2028, the U.S. Bureau of Labor Statistics (BLS) sees these roles growing by 7% – that's over 590,000 positions.1 In particular, states the BLS, the demand for accountants and auditors will be strong, due to globalization, a growing economy and a complex tax and regulatory environment.1
In addition, the BLS also reports that management occupations should see 7% growth through 2028 – over 700,000 new jobs.1 More specifically in that category, financial managers should see a whopping 16% projected job growth through 2028 – more than 100,000 roles.1 These management positions in 2019 saw a median annual salary of $129,890.1
Many senior management executives have a background in accounting or finance. An ability to analyze and interpret financial data is especially important as companies seek efficient, cost-effective means of operation. Earning your MBA in Accounting online at SNHU gives you the strong background you need to be successful in a wide variety of management-level positions in fields such as:
"Accounting knowledge allows managers to better analyze financial reports and plan for the organization’s financial future," said Mona Stephens, accounting faculty lead at SNHU. "The accounting concentration also gives managers an understanding of the tax factors that affect businesses."
Financial managers are needed in all types of organizations, allowing you to combine your skill set with an industry you're passionate about. According to the BLS, in May 2019, the top industries with the highest median wages1 were:
The top 10% of median wages were over $208,000 in May 2019.1
In 2019, according to the Graduate Management Admission Council, a survey noted that graduates with an accounting background would be sought after for accounting, finance and strategy roles.2
GMAC also reported in a 2018 alumni survey that the most valuable benefit was being prepared for leadership positions.2
And because alumni have found their master's degree worthwhile across the board, it's no wonder that 9 out of 10 would still pursue their degree knowing what they know now.2
The reason behind that, according to the survey, is that they've found so many advantages to earning their MBA. These outcomes2 include:
Our MBA core curriculum sets you up for success with these outcomes. For example, you can build the skills to lead with our Leading in an Organization class. Or you can prepare yourself for a culturally diverse work environment with our Ethics, Corporate Culture and Social Responsibility course.
And with some of the lowest online tuition rates in the nation, you can build these skill sets at SNHU – with a much better return on investment (ROI).
With no set class meeting times, you can learn on your schedule and access online course materials 24/7.
Take advantage of some of the lowest online tuition rates in the nation, plus financial aid for those who qualify. We also make it easy to transfer to SNHU by accepting up to 12 credits from your previous institution.
Founded in 1932, Southern New Hampshire University is a private, nonprofit institution with over 100,000 graduates across the country. SNHU is regionally accredited by the New England Commission of Higher Education (NECHE), which advocates for institutional improvement and public assurance of quality.
Recently, SNHU has been nationally recognized for leading the way toward more innovative, affordable and achievable education:
Extensive Business Alumni Network
Since our first MBA graduate class in 1974, we’ve welcomed over 17,000 MBA graduates to our alumni network. For current students, that means an extensive business networking group, an opportunity to seek out college mentorship opportunities and learn from students who have already walked the path.
96.5% of students would recommend SNHU.3 Discover why SNHU may be right for you.
Part of our mission to expand access to quality, higher education means removing the barriers that may stand between you and your degree. That’s why you can apply at any time and get a decision within days of submitting all required materials — with no GRE or GMAT required.
Acceptance decisions are made on a rolling basis throughout the year for our 5 graduate terms.
You can also choose to take your MBA core courses on campus (day or evening) while completing concentration courses online. To apply for the evening program or the 100% online MBA, use the online application.
Simply contact an admission counselor, who can help you explore financial options, answer all your questions, and walk you through the application process, which includes:
Originally named the New Hampshire Accounting and Secretarial School when we opened back in 1932, SNHU has some serious roots in teaching business and accounting. In fact, founder Harry Shapiro wanted his students to fully understand the "why" behind accounting and not just the "how."
It's not much different today.
Our accounting-focused MBA program consists of 9 core MBA courses and 3 advanced accounting courses – allowing you to gain that general business skill set you want plus the financial savvy to make smart business decisions.
"Financial resources are one of the most important things that all organizations have to manage, and every manager in the organization plays a role in managing those resources," said Mona Stephens, faculty accounting lead at SNHU. "Whether it’s keeping track of sales, purchasing inventory, supplies, or equipment, or just running a department, managers need to understand the numbers."
Accounting is a large part of this particular MBA program: Not only do you learn more about it through the concentration, but more accounting and finance information is weaved through the core courses. (That means all of our MBA students can gain some accounting skills.)
And those classes are in addition to the 3 graduate-level accounting courses you'll take in your MBA in Accounting program:
Taking these courses online can also help you gain more confidence with current applications, practices and technology.
“The hard skills required for businesses to succeed are constantly changing with advances in technologies," said Clare Greenlaw, associate dean of SNHU's MBA programs. "That means workers today need to access education more frequently than they used to in the past."
Not only can our MBA in Accounting program help you get an edge in the job market, but you can benefit now from the convenience it gives you. If you're already working, a program at a brick-and-mortar campus may not work for you, due to class times or a commute. Our online courses are accessible 24/7, meaning you can complete your work at the time of day that works best for you.
“The people considering an online MBA typically have established careers and other obligations," Greenlaw said. "They can’t quit their job to go to school full time."
In addition, you have the option to enroll part time (1 class per term) or full time (2 classes per term). With 5 graduate terms throughout the year, you can start at any time – and even switch from part time to full time (or vice versa) if your schedule allows. You can work with your academic advisor to establish a class schedule that works around your commitments and create a timeline that allows you to reach your goals when you need to.
And while the MBA in Accounting is the best option to get you to the 150 hours for your Certified Public Accountant exam requirements, you may also choose to take your education further. In fact, 2 courses from the MBA in Accounting program also apply to our Graduate Certificate in Accounting. This program is ideal for those who want to amplify their accounting skills and knowledge on top of the MBA. As a bonus, this certificate is also covered by financial aid.
Don't have a business background? SNHU offers 5 foundation courses for MBA students who did not earn an undergraduate business degree online or on campus. If you're required to take any or all of these classes, you have the option of using them to satisfy your general business electives in your program – even in place of a concentration. Students should discuss with their admission counselor or academic advisor how previously earned credits could apply to their master's degree.
Total Credits: 36
Tuition rates for SNHU's online degree programs are among the lowest in the nation. We offer a 25% tuition discount for U.S. service members, both full and part time, and the spouses of those on active duty.
Tuition rates are subject to change and are reviewed annually.
$150 Graduation Fee, Course Materials ($ varies by course)
It depends on your professional goals. There are many career-focused MBA concentrations from which to choose, but if you want to work in accounting or finance and dream of leading a team or organization, an MBA in Accounting could be right for you.
In the accounting MBA program, you’ll dive deep into a variety of accounting topics and gain key leadership and career skills that are in high demand across many industries.
In addition, you'll take accounting-specific courses exploring:
You’ll also take several core business courses to gain key business and career skills, including analysis, problem solving, critical thinking and communication.
Business courses will include:
An MBA capstone project will help you apply this coursework to solve real-world business problems and provide hands-on learning experience that can give you a leg up when applying for jobs.
An MBA in Accounting is a versatile degree that can be applied to many career paths. The management of financial resources is critical to business success across every industry, and for businesses big and small. With an accounting MBA, you can use your analytical and critical-thinking skills to keep track of important financial metrics and lead a team or department.
No matter what your interests, an MBA in Accounting can help advance a career in banking, budget analysis, financial management, financial planning and more.
Jobs for accounting MBA degree holders include:
It depends on your specific career path. With the business and financial skills developed in an MBA program, there are many opportunities to turn a passion for accounting into a lucrative career.
According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for business and financial occupations was $69,820 in May 2019.1 Within the accounting and finance field, however, salaries vary significantly.
The median annual wage for accountants and auditors was $71,550 in May 2019, with the highest 10% earning more than $124,450. Financial managers earned a median salary of $129,890 the same year, with the highest 10% earning more than $208,000. And the median annual wage for management analysts was $85,260 in 2019, with the 10% highest-paid earning more than $154,310.1
In addition, graduate degrees like the MBA tend to earn more in salary than those who have a bachelor's degree. In 2019, the BLS reported that master's degree holders earn about 20% more in median weekly earnings than those with an undergraduate degree.1
The degree that’s right for you depends on your career goals. Both an MBA in Accounting and a Master's in Accounting offer valuable finance, economics and accounting coursework, but the programs do differ.
An accounting MBA program offers a strong foundation of core business and leadership skills. In addition to finance and accounting coursework, you’ll explore:
In contrast, an accounting master’s degree focuses more closely on accounting and financial practices. While you’ll still gain key career skills like communication, critical thinking and problem solving, your courses won’t focus as much on management strategy and leadership.
Instead, you’ll dive deeper into accounting topics, including:
Again, the degree you choose depends on what goals you want to meet. For a deep dive, you'll want the MS in Accounting. For a good understanding of accounting, coupled with a broader foundation in business, go for the MBA in Accounting. Either way, both position you for leadership roles in business and can provide essential business skills and knowledge that would be an asset to any organization.
If you want to join an exciting field with a broad range of career opportunities and lots of room for growth, then yes.
Globalization, an evolving economy and a complex tax and regulatory environment are expected to continue the demand for skilled accountants and financial managers, according to the U.S. Bureau of Labor Statistics (BLS).1
With the combination of financial knowledge and leadership skills you can gain in an accounting MBA program, you’ll be in high demand across many industries and organizations.
Employment of business and financial operations occupations is projected to grow 7% from 2018 to 2028, adding about 591,800 new jobs. Employment of management occupations is projected to grow 7% through 2028, adding about 706,900 new jobs.1
It depends. While some universities do require the GMAT or GRE for admissions to an MBA program, others don’t.
At SNHU, the GMAT and GRE are not required for admission to MBA and master’s degree programs. You can apply online at any time throughout the year and get an admission decision within days of submitting all required materials.
SNHU has provided additional information for programs that educationally prepare students for professional licensure or certification. Learn more about what that means for your program on our licensure and certification disclosure page.
Southern New Hampshire University is a private, nonprofit institution accredited by the New England Commission of Higher Education (NECHE) as well as several other accrediting bodies.
1Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, on the internet, at:
Cited projections may not reflect local and/or short-term economic or job conditions and do not guarantee actual job growth.
2Graduate Management Admission Council, on the internet, at:
3According to a survey responses from over 9,200 SNHU online students conducted in the fall of 2019.