When you look for the right graduate school for you, keep in mind the different specializations you can pursue in an online master of accounting degree program. These academic tracks don’t just allow you to spend more of your college credits studying courses that interest you. They can help you prepare for a more successful, lucrative and in-demand accounting career – all without having to come to campus.
Specializations Available in Online Master of Accountancy Programs
Many accounting programs based on campus and online offer students the chance to choose a specialization. Based on this choice, they will take a cluster of courses that help them develop in-depth knowledge of the subject. Fortunately for online students, some of the top – and most affordable – master’s in accounting programs available online have just as wide a variety of specialization options as their on-campus counterparts.
Some of the most popular specializations you can pursue in an online master of accounting degree include:
- Accounting information systems or information technology Taxation…
- Assurance Services
- Audit and Controls
- Enterprise Risk Management
- Financial Reporting
While it may not be the first factor you consider, it’s worth weighing the choice of specializations you can pursue in an online master of accounting degree when you make your college selection. Which schools offer the specializations that you find most interesting or that will best help you achieve your career goals?
Why Does an Accounting Specialization Matter?
Choosing a specialization might not seem like a big deal, but it can be important. The specialization you pursue in an online master of accounting degree can affect your earning potential and your career opportunities.
“Specializing will typically earn you more money and boost your marketability,” reported the American Institute of Certified Public Accountants through the organization’s This Way to CPA website. Employers may find your specialized skills more valuable than general accounting knowledge – and as a result, consider you personally as deserving a higher salary.
Though specialization has been voluntary in the past, experts are now warning that it could become the “only option for CPAs” in the future, according to Accounting Web. Without a specialization, you’re a generalist. You don’t have particular expertise that distinguishes you from every other accounting graduate in the job market. Specializing in an in-demand niche can help you stand out from the competition.
There are a wide range of possible accounting niches, and schools are adding new specializations to their degree programs all the time to meet the needs of an ever-evolving industry. You can work with academic advisors or mentors to figure out what possible specializations could help you advance in your desired career path. With a wealth of specializations you can pursue in an online master of accounting degree, you’re likely to find a highly-regarded and affordable online program that offers a concentration or specialization that will help you succeed.