Lead with an MBA in Accounting
- Under $19K total tuition
- Complete in about 1 year
- Program accredited by ACBSP
- Earn credentials along the way
- No GRE/GMAT required
- Pair your MBA with accounting principles & practices
Online MBA in Accounting Program Overview
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, SNHU's MBA in Accounting online fits right into your life and deepens your understanding of capital budgeting, finance and portfolio management. And, the good news is, you don't have to enter this program with a UG in Accounting. By earning your MBA in Accounting, you'll learn to lead, strategize and innovate for a high-performance organization, and you could even have the opportunity to become a business leader of tomorrow.
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
You'll learn far more than just accounting skills in this program. In addition to learning primary accounting skills such as financial reporting and the tax implications of major business decisions, you'll gain a deeper understanding of an organization's vision, mission, values, culture and strategic goals. You'll gain a deeper understanding of a how impactful leaders are made, and you may even find you'll be able to run your own business in a fiscally responsible and efficient way.
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:
- Analyze and interpret data for decision-making
- Develop and foster adaptable strategies for an organization
- Evaluate and implement various models and processes in the design and continuous improvement of organizations and their practices
- Cultivate globally aware and culturally responsive teams and organizations
- Create and implement plans around culture, ethical and legal standards, and sustainable practices
The MBA in Accounting is just one of 17 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 financial 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
It's also worth noting that many senior management executives have a background in accounting or finance. Additionally, accounting knowledge will only better support your business operational skillset in a management role, throughout a number of industries. 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 background you need to be successful in a wide variety of management-level positions in fields such as:
- Budget analysis
- Cost accounting and management
- Financial management
- Financial reporting and planning
- Tax planning
"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."
Accounting experts 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 where your skills could be put to use with the highest median wages were:
- Professional, scientific and technical services: $152,810
- Management of companies and enterprises: $145,280
- Manufacturing: $130,900
- Finance and insurance: $125,600
- Government: $114,250
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 SNHU's MBA in Accounting program could prepare you for such leadership roles, and make you a desirable hiring candidate for potential future employers.
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 outcomes include2:
- Preparation for leadership roles
- Increase of earning power
- Preparation for chosen career
- Development of professional network
- Ability to work in culturally diverse organizations
- More opportunities for quicker career advancement
Our MBA core curriculum sets you up for success with these outcomes. For example, you can build the skills to lead with our Leading People and Organizations class. Or, you can contribute to measurability and performance success with our Measuring Success in an Organization class
And with some of the lowest online tuition rates in the nation, and the opportunity to earn credentials as you go, you can build these skill sets at SNHU – with a much better return on investment (ROI).
Start Your Journey Towards an Online Accounting Degree
Why SNHU For Your Accounting MBA
With no set class meeting times, you can learn on your schedule and access online course materials 24/7. Our online MBA program offers more fluidity around assignment due dates than before and course resources better suited for the on-the-go learner.
Take advantage of some of the lowest online tuition rates in the nation – with total tuition at $18,810 – plus financial aid for those who qualify. We also make it easy to transfer to SNHU by accepting up to 6 credits toward your online MBA 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.
In addition, SNHU's suite of online business programs, including the MBA, are also programmatically accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
Recently, SNHU has been nationally recognized for leading the way toward more innovative, affordable and achievable education:
- “Most Innovative” regional university honors from U.S. News & World Report each year since 2015
- A $1 million grant from Google.org to explore soft skills assessments for high-need youth
- Recognition as a 2017 Digital Learning Innovator by the Online Learning Consortium
Extensive Business Alumni Network
Since our first MBA graduate class in 1974, we’ve welcomed over 20,000 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.
To apply for the 100% online MBA, use the online application.
How to Apply
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:
- No application fee
- Completing a graduate application
- Providing undergraduate transcripts
Courses & Curriculum
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 new MBA program weaves accounting and finance throughout the program, integrating core principles across all courses. This means, in the coursework for this program, you'll lean how to assess financial viability as well as make sound fiscal decisions that will be beneficial in both the short and long term scenarios. This program will allow you to gain the overarching business skills you want, plus the financial skills you need 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."
The 3 graduate-level accounting courses you'll take in your MBA in Accounting program are:
- Financial Reporting I: Learn foundational financial accounting theories and practices, with emphasis placed on standards and compliance with Generally Accepted Accounting Principles (GAAP). You'll analyze financial statements and accounts for advising stakeholders on related business decisions.
- Financial Reporting II: Focus on additional financial activities – stockholders’ equity, income management, pensions, leases and statement of cash flows – and the impact they have on financial statements.
- Tax Factors in Business Decisions: Get an introduction to tax factors that are relevant in business and personal financial planning decisions – like fiduciaries, regular and S corporations, partnerships, tax shelters and tax research.
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."
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.
The MBA in Accounting can be a great option to get you to the 150 hours for your Certified Public Accountant exam requirements, but 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? No problem. Our MBA is accessible to everyone. Interested students must have a conferred undergraduate degree for acceptance, but it can be in any field. Those without an undergraduate degree in business or a related field may be asked to complete up to 2 foundation courses to get started. These foundations cover essential business skill sets and can be used to satisfy elective requirements for the general-track MBA. With foundations, the maximum length of your online MBA would be 36 credits.
Attend full time or part time. Students in the MBA have the option to enroll full time (at 2 classes per term) or part time (with 1 class per term). Full-time students should be able to complete the program in about 1 year, while part-time students could finish in about 2 years. Our SNHU students are busy, often juggling jobs, family and other obligations, so you may want to work with your academic advisor to identify the course plan that works for you. The good news is, you can switch from full time to part time and back again as often as you want.
|View Full Curriculum in the Catalog|
|MBA - Accounting|
|Courses May Include|
|ACC 610||Financial Reporting I||Students will be introduced to foundational financial accounting theories and practices, with emphasis placed on standards and compliance with Generally Accepted Accounting Principles (GAAP). Students will learn to analyze financial statements and accounts for advising stakeholders on related business decisions. Course content will include measurement and reporting of cash and receivables, inventories, assets, and liabilities. This course is the first of three financial reporting foundation courses (ACC610, ACC620, ACC630) in the Accounting program for students without the required foundational knowledge.|
|ACC 620||Financial Reporting II||Students will build upon knowledge gained in ACC610. Concepts will be concentrated on additional financial activities and the impact they have on financial statements. These activities will include stockholders' equity, income management, pensions, leases, and statement of cash flows. This course is the second of three financial reporting foundation courses (ACC610, ACC620, ACC630) in the Accounting program for students without the required foundational knowledge.|
|MBA 540||Organizational Strategy in a Global Environment||Impactful leaders leverage business intelligence to make ethical decisions, solve complex problems, and craft strategic direction to improve organizational performance and agility in a dynamic global business environment. Learners develop context and understanding of how organizations formulate a strategic direction and organize all business functions to complement each other to achieve organizational objectives. Learners develop the strategy know-how to assess, inform, and form interconnected functional and organizational strategic direction.|
|MBA 620||Measuring Success in an Organization||Effective leaders need a comprehensive understanding of financial and management accounting principles, analytical techniques, and computer-based tools. Learners will prepare, monitor, and evaluate financial and accounting reports and metrics and present their findings and recommendations. From reporting to planning, learners will develop an acute awareness of a perpetually changing business environment and how entities measure its success, challenges and resources.|
|TAX 660||Tax Factors in Business Decisions||This course is an introduction to tax factors that are relevant in business and personal financial planning decisions. This includes regular and S corporations, partnerships, fiduciaries, tax shelters and tax research. This course is open only to non-accounting students. Background preparation: 6 credit hours in accounting or the equivalent.|
|Total Credits: 30|
Tuition & Fees
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.
|Online Graduate Programs||Per Course||Per Credit Hour||Annual Cost for 15 credits|
(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)
Frequently Asked Questions
Should I get an MBA in Accounting?
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.
You’ll also take several core business courses to gain key business and career skills, including analysis, problem solving, critical thinking and communication. And, coupled with your business core courses, your accounting courses will give you specialized knowledge in financial reporting and tax analysis to better understand the fiscal impacts of certain maneuvers and decisions.
Business courses will include:
- Finance and economics
- Mathematics and statistics
- Marketing and strategy
- Ethics and corporate culture
- Operations management
- Innovations and entrepreneurship
What can I do with an MBA in Accounting?
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, capital investments, hedge funds, insurance and more.
Jobs for accounting MBA degree holders could include:
- Budget analyst: Help public and private organizations organize their finance, preparing budget reports, monitoring spending and reviewing budget proposals for compliance with law and regulations.
- Financial analyst: Assess the performance of investments, evaluate current and historical financial data and study economic trends to provide investment guidance to businesses and individuals.
- Management analyst: Analyze financial and other data to recommend ways to improve an organization’s efficiency and make organizations more profitable.
- Management accountant: Record and analyze financial information for internal use, including budgeting, performance evaluation and planning.
- Auditor: Check for mismanagement of an organization’s funds and identify ways to improve the processes for finding and eliminating waste and fraud.
- Financial manager: Create financial reports, direct investment activities and lead long term financial planning for an organization.
How much can I make with an MBA in Accounting?
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.
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
Which is better: MBA or master's in accounting?
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:
- Marketing and strategy
- Ethics, corporate culture and social responsibility
- Finance and economics
- Government impact on business
- Operations management and technology
- Leadership and management strategy
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:
- Accounting principles and practices
- Professional auditing methods
- Cost analysis for informed decision-making
- Using information technology to evaluate financial information
- Applications of financial regulations in business
- Quantitative analysis
- Individual and corporate tax preparation
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.
Is an MBA in Accounting worth it?
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
Is a GMAT required for an MBA?
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.
Sources & Citations (1, 2, 3)
1Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, on the internet, at:
- https://www.bls.gov/ooh/business-and-financial/home.htm (viewed June 16, 2020)
- https://www.bls.gov/ooh/management/home.htm (viewed June 16, 2020)
- https://www.bls.gov/ooh/management/financial-managers.htm (viewed June 16, 2020)
- https://www.bls.gov/OOH/business-and-financial/accountants-and-auditors.htm (viewed June 22, 2020)
- https://www.bls.gov/ooh/business-and-financial/management-analysts.htm (viewed June 22, 2020)
- https://www.bls.gov/bls/exit_BLS.htm?a=true&url=https://www.census.gov/topics/education/educational-attainment.html (viewed June 30, 2020)
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:
- https://www.gmac.com/-/media/files/gmac/research/employment-outlook/business-school-hiring-report_corporate-recruiters-survey-2019_may-2019.pdf (viewed June 16, 2020)
- https://www.gmac.com/-/media/files/gmac/research/measuring-program-roi/the-value-of-a-graduate-management-education-january-2018.pdf (viewed June 23, 2020)
3According to a survey responses from over 9,200 SNHU online students conducted in the fall of 2019.