Online Master's Degree in Accounting - Taxation
Explore your options for studying taxation at the master's degree level through a program in accounting. Find out how online programs work and explore the kinds of business and taxation classes you can expect to take.
What Is an Accounting - Taxation Master's Degree?
You can study accounting and taxation through a variety of programs, such as the Master of Science (M.S.) in Accounting with a concentration in taxation, M.S. in Accountancy or M.S. in Taxation. You can train to become a professional accountant who deals with the tax needs of individuals and companies, such as financial planning or handling property transfer tax at death. Through an interactive online education you can become an expert in the field of taxation and prepare to work in a variety of settings, including local government agencies, finance departments or the Internal Revenue Service.
|Degree Fields||Accounting, taxation, accountancy|
|Online Advantages||Earn a degree at home, 24/7 content access, self-pacing|
|Common Courses||Income tax, financial reporting, tax research methods, international taxation, business law|
|Career Options||Accountant, tax examiner, budget analyst|
|Job Outlook (2016-2026)||10% growth (for accountants and auditors)*|
|Median Salary (2018)||$70,500 (for accountants and auditors)*|
Source: *U.S. Bureau of Labor Statistics
Why Should I Earn My Degree Online?
Earning your online master's degree in taxation and accounting allows you to work or pursue other interests while completing a degree program at your own pace. You may enjoy the flexibility, which means you can work from home and access course material any time of day. Although online programs offer many advantages, you will also need to meet any technical requirements, as well as follow the course schedule for submitting course assignments.
Which Courses Will I Take?
In an accounting or taxation master's degree program you will take some general business courses. Examples of these courses include:
- Business law
- Cost accounting
- Financial reporting
You will also take classes that focus specifically on the principles of accounting and taxation such as:
- Estate taxation
- Gift taxation
- Tax accounting
- International taxation
- Income taxation
- Tax research methods
Where Can My Degree Take Me?
After completing your degree, you may need to become a Certified Public Accountant (CPA). Although requirements vary by state, all states require the Uniform CPA Exam and certain education requirements, which generally include credit hours in business or accounting. In 2018, the United States Bureau of Labor Statistics (BLS) reported that the median salary for accountants was $70,500, while budget analysts earned $76,220, and tax examiners had a median of $54,440 (www.bls.gov).