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Master's Degree in Accounting - Controllership: Online Degree

Find out what you'll learn in a master's degree program in accounting with a concentration in controllership. Review the typical coursework. Discover online degree options and career advancement possibilities.

What Does an Online Master's Degree in Accounting-Controllership Program Involve?

An online master's degree in accounting with a concentration in controllership can help you learn how to successfully run the finances of a company. Controllers generally are in charge of maintaining a business's accounting, budget and audit departments and procedures. While you are enrolled in this degree program, you can learn how to prepare financial reports, analyze and project future earnings, oversee budget concerns and manage fund investments. An online program can give you with the communication and leadership skills necessary to work with company managers, accountants and auditors.

Degree Overview Training in maintaining accounting, budget and audit functions for businesses
Common Courses Public accounting, research for accounting professionals, managerial accounting, business law and ethics, macroeconomics
Online Availability Online programs are available
Career Advancement Individuals can advance to management
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

What Can I Learn?

Once you are enrolled in an online master's degree program in accounting, you will be able to select a specialization, such as controllership. You may also have the opportunity to take courses that cover a wide range of accounting practices and procedures. Potential courses that you may take often include:

  • Business law and ethics
  • Evaluating internal controls
  • Research for accounting professionals
  • Financial reporting and analysis
  • Public accounting
  • Financial planning
  • Macroeconomics
  • Managerial accounting

These courses can teach you how to enhance your analytical thinking and sharpen your communication skills. You can also learn how to write financial reports, and your forecasting know-how and math skills should be tested and strengthened. These are the skills needed to be a successful controller and to run a company's finances efficiently and wisely. Online programs allow you to maintain your career full-time while working on your advanced education at your own pace. You can take advantage of the same resources that are offered in campus-based programs.

How Can I Advance?

The U.S. Bureau of Labor Statistics (BLS) discusses controllers under the broader category of financial managers, who can often advance to high-level management positions with experience and continuing education (www.bls.gov). You could also start your own consulting company after you've gained experience and capital. Accounting certifications and continuing education can also help you move up in your career, the BLS reported.