Is a masters degree in
accounting worth it?
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Is a masters degree in accounting worth it? Read this student guide from Online Masters Colleges (OMC) that provides the answer for this question.
Frequently Asked Questions
Is a masters degree in accounting worth it?
A master’s degree in accounting can help you advance to higher-level professions with a better income.
Is a masters degree in accounting worth it? – Details
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.
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Southern New Hampshire University
PROGRAM: Online Masters Degrees in Accounting & Finance
Southern New Hampshire University is a private, nonprofit, accredited institution with more than 3,000 on-campus students and over 60,000 online students, making us one of the fastest-growing universities in the country. Founded in 1932, we’ve been relentlessly reinventing higher education ever since and have gained national recognition for our dedication to helping students transform their lives and the lives of those around them.
We’re proud to provide affordable, accessible education that students can pursue on our 300-acre campus in Manchester, NH, over our innovative online platform or at our regional centers in Manchester, Nashua, Portsmouth and Salem, NH, and Brunswick, ME.
SNHU has earned the GetEducated.com Best Buy and Best of Business – Best Online Degree awards and is consistently ranked as a top Military Friendly® School by G.I Jobs®.
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