Is a masters degree in accounting worth it?

A. A master’s degree in accounting can help you advance to higher-level professions with a better income. 

A. A master’s degree in accounting can help you advance to higher-level professions with a better income. You will be prepared to progress to management and leadership roles with an accounting master’s degree and earn six-figure salaries. While a master’s degree in accounting requires an initial expenditure, you must consider the long-term worth of the degree. According to the U.S. Bureau of Labor Statistics (BLS), the median weekly earnings for a master’s degree holder are $1,545, compared to $1,305 for a bachelor’s degree holder, translating to $12,480 in increased income. These earnings grow over time and will much outweigh the cost of obtaining your master’s degree. 

Aside from the benefit of an increased income, the actual value of a Master’s in Accounting degree will depend on your specific goals and objectives, but completing this degree can open up opportunities for advancement in your career and provide you with the skills and knowledge to succeed in the field. 

Here are a few additional resources that are directly or indirectly related to the question answered here: 

1. Online Master’s in Finance – Discover everything about a master’s in finance, including scholarships, professional associations, required licenses and certifications, and what it takes for you to succeed in this program. 
2. Masters in Taxation Online  – This guide walks you through master’s in taxation online programs and provides you with all resources and guidance you will need to complete this degree. 
3. Online College Courses – This comprehensive guide walks you through all aspects of online college courses and the many options they offer.