What's the Curriculum of an MBA Degree with an Accounting Concentration?
The Master of Business Administration (MBA) in Accounting opens many doors to career advancement for business professionals. Read on to learn more about the curriculum of this program and the careers for which it can prepare you.
MBA with a Concentration in Accounting Program Overview
A Master of Business Administration program with a concentration in accounting allows students to obtain an MBA while preparing for the Certified Public Accountancy (CPA) Exam. This program allows business professionals to gain a solid business background in accounting while providing marketable skills.
Some colleges don't require an undergraduate degree in accounting to enroll in a graduate accounting program. However, additional courses may be required to provide you with the accounting and business skills needed to succeed in the graduate courses.
Important Facts About MBA Degrees in Accounting
|Prerequisites||GMAT/GRE scores; work experience preferred|
|Key Skills||Quantitative and qualitative analysis, strong understanding of math and statistics, ambition|
|Continuing Education||All accountants must take the CPA exam, but other optional courses can be taken to achieve the CMA (Certified Management Accountant) or CIA (Certified Internal Auditor) certifications as well|
Core Business Courses
The MBA degree curriculum covers a vast amount and depth of business topics. While each program is unique, some courses you can expect to take include the following:
- Business law and ethics
- Organizational behavior
- Statistical analysis
- International business
- Strategic management
- Business communications
- Financial management
- Information technology
Core Accounting Courses
The accounting MBA curriculum explores bookkeeping principles and procedures in greater depth than undergraduate programs. If you lack an undergraduate degree in accounting, you may have to take basic accounting courses before you can attempt graduate-level courses. Some common accounting courses in this degree program include:
- Accounting information systems
- Income taxation
- Cost management
- Financial reporting
- Corporate valuation
- Managerial and financial accounting theory
- Intermediate or advanced accounting
- Governmental and nonprofit organization accounting
An MBA degree graduate with a concentration in accounting will likely have great employment opportunities. These degrees are highly-sought after and with the added benefit of understanding a specialized area, such as accounting, graduates should be able to find positions in various industries. In addition, the U.S. Bureau of Labor Statistics (BLS) expects accountant and auditor employment to increase 10% over the 2016-2026 decade, which will result in an increase of 139,900 jobs over the period. Average earnings for these professionals in May 2018 were good at $78,820 annually, reported the BLS.
The following job titles are some examples of careers graduates can pursue:
- Internal auditor
- Senior accountant
- Certified Public Accountant (successful execution of CPA exam)