Master’s Degrees in Accounting
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Education Levels of Accounting Majors
In 2020-2021, 18,187 earned their master's degree in accounting. This makes it the 10th most popular master's degree program in the country.
The following table shows the number of diplomas awarded in accounting at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 51,042 |
| Master’s Degree | 18,187 |
| Basic Certificate | 13,126 |
| Associate Degree | 11,525 |
| Undergraduate Certificate | 4,263 |
| Graduate Certificate | 1,091 |
| Doctor’s Degree | 31 |
Earnings of Accounting Majors With Master’s Degrees
The median salary for graduates holding a master's degree in accounting is $59,102. However, this can depend on a number of factors, such as where you live and the number of years experience you have. A better approximation of salary is to look at the typical range of salaries. In this case the low is $54,867 and the high is $63,291.
Student Debt
We do not have the data to calculate the median and range of debt loads for accounting students who are master's degree holders.
Student Diversity
More women than men pursue their master's degree in accounting. About 54.0% of graduates with this degree are female.
| Gender | Number of Grads |
|---|---|
| Men | 8,374 |
| Women | 9,813 |
The racial-ethnic distribution of accounting master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 1,618 |
| Black or African American | 1,254 |
| Hispanic or Latino | 2,137 |
| White | 10,590 |
| International Students | 1,404 |
| Other Races/Ethnicities | 1,184 |
Most Popular Accounting Programs for Master’s Degrees
There are 586 colleges that offer a master’s degree in accounting. Learn more about the most popular 20 below:
Southern New Hampshire University tops the list of the most popular school in the U.S. for accounting majors who are seeking their master's degree. Each year, around 134,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,000 per year, while in-state graduate students, on average, pay $18,900 per year. The accounting program at Southern New Hampshire University awarded 348 master's degrees during the 2020-2021 school year. Around 29% of these students were from an underrepresented racial-ethnic group, and 63% were women.
Western Governors University is the 2nd most popular school in the nation for students seeking a master's degree in accounting. Roughly 147,800 attend the school each year. The average in-state tuition for full-time undergraduates is $7,162 per year, while in-state graduate students, on average, pay $7,500 per year. For the 2020-2021 academic year, 331 master's degrees were handed out to accounting majors at WGU. Around 23% of these students were from an underrepresented racial-ethnic group, and 65% were women.
The University of Texas at Austin comes in at #3 on our list of the most popular colleges offering master's degrees in accounting. Roughly 50,400 attend the school each year. The average in-state tuition for full-time undergraduates is $11,752 per year, while in-state graduate students, on average, pay $12,050 per year. The accounting program at The University of Texas at Austin awarded 306 master's degrees during the 2020-2021 school year. About 48% of this group were women, and 38% were students from an underrepresented racial-ethnic group.
DeVry University - Illinois is the 4th most popular school in the nation for students seeking a master's degree in accounting. Each year, around 20,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,392 per year, while in-state graduate students, on average, pay $17,072 per year. During the 2020-2021 academic year, 261 people received their master's degree in accounting from DeVry University - Illinois. Around 46% of these students were from an underrepresented racial-ethnic group, and 68% were women.
Texas A&M University - College Station comes in at #5 on our list of the most popular colleges offering master's degrees in accounting. Roughly 70,400 attend the school each year. The average in-state tuition for full-time undergraduates is $8,578 per year, while in-state graduate students, on average, pay $6,885 per year. The accounting program at Texas A&M University - College Station awarded 216 master's degrees during the 2020-2021 school year. About 39% of this group were women, and 19% were students from an underrepresented racial-ethnic group.
University of Phoenix - Arizona comes in at #6 on our list of the most popular colleges offering master's degrees in accounting. Each year, around 89,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,552 per year, while in-state graduate students, on average, pay $16,153 per year. The accounting program at University of Phoenix - Arizona awarded 205 master's degrees during the 2020-2021 school year. Around 42% of these students were from an underrepresented racial-ethnic group, and 76% were women.
Florida Atlantic University is the 7th most popular school in the nation for students seeking a master's degree in accounting. Each year, around 30,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $2,522 per year, while in-state graduate students, on average, pay $5,467 per year. For the 2020-2021 academic year, 203 master's degrees were handed out to accounting majors at FAU. Of these students, 60% were women and 57% were members of underrepresented racial-ethnic groups.
The University of Texas at Dallas comes in at #8 on our list of the most popular colleges offering master's degrees in accounting. Each year, around 28,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,564 per year, while in-state graduate students, on average, pay $15,088 per year. For the 2020-2021 academic year, 202 master's degrees were handed out to accounting majors at UT Dallas. Around 38% of these students were from an underrepresented racial-ethnic group, and 62% were women.
University of North Carolina at Chapel Hill is the 9th most popular school in the nation for students seeking a master's degree in accounting. Roughly 30,000 attend the school each year. The average in-state tuition for full-time undergraduates is $7,019 per year, while in-state graduate students, on average, pay $10,552 per year. For the 2020-2021 academic year, 196 master's degrees were handed out to accounting majors at UNC Chapel Hill. Of these students, 35% were women and 21% were members of underrepresented racial-ethnic groups.
The 10th most popular school in the country for accounting majors who are seeking their master's degree is Baruch College. Each year, around 19,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $6,930 per year, while in-state graduate students, on average, pay $11,090 per year. For the 2020-2021 academic year, 191 master's degrees were handed out to accounting majors at Baruch. About 57% of this group were women, and 52% were students from an underrepresented racial-ethnic group.
Liberty University is the 11th most popular school in the nation for students seeking a master's degree in accounting. Roughly 93,300 attend the school each year. The average in-state tuition for full-time undergraduates is $15,409 per year, while in-state graduate students, on average, pay $7,847 per year. The accounting program at Liberty University awarded 188 master's degrees during the 2020-2021 school year. Of these students, 60% were women and 18% were members of underrepresented racial-ethnic groups.
Pennsylvania State University - University Park is the 12th most popular school in the nation for students seeking a master's degree in accounting. Each year, around 89,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,400 per year, while in-state graduate students, on average, pay $23,189 per year. During the 2020-2021 academic year, 175 people received their master's degree in accounting from Penn State University Park. Of these students, 47% were women and 25% were members of underrepresented racial-ethnic groups.
The 13th most popular school in the country for accounting majors who are seeking their master's degree is University of Houston. Each year, around 47,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,685 per year, while in-state graduate students, on average, pay $8,713 per year. For the 2020-2021 academic year, 173 master's degrees were handed out to accounting majors at UH. Around 64% of these students were from an underrepresented racial-ethnic group, and 64% were women.
University of Georgia is the 14th most popular school in the nation for students seeking a master's degree in accounting. Roughly 39,100 attend the school each year. The average in-state tuition for full-time undergraduates is $9,790 per year, while in-state graduate students, on average, pay $8,878 per year. During the 2020-2021 academic year, 172 people received their master's degree in accounting from UGA. Of these students, 45% were women and 16% were members of underrepresented racial-ethnic groups.
The 15th most popular school in the country for accounting majors who are seeking their master's degree is Rutgers University - Newark. Each year, around 13,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $12,536 per year, while in-state graduate students, on average, pay $18,168 per year. The accounting program at Rutgers University - Newark awarded 171 master's degrees during the 2020-2021 school year. About 47% of this group were women, and 47% were students from an underrepresented racial-ethnic group.
University of Missouri - Columbia comes in at #16 on our list of the most popular colleges offering master's degrees in accounting. Each year, around 31,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $10,017 per year, while in-state graduate students, on average, pay $9,950 per year. During the 2020-2021 academic year, 165 people received their master's degree in accounting from Mizzou. Of these students, 39% were women and 10% were members of underrepresented racial-ethnic groups.
University of Mississippi is the 17th most popular school in the nation for students seeking a master's degree in accounting. Each year, around 21,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,934 per year, while in-state graduate students, on average, pay $8,938 per year. During the 2020-2021 academic year, 161 people received their master's degree in accounting from Ole Miss. Around 9% of these students were from an underrepresented racial-ethnic group, and 43% were women.
The 18th most popular school in the country for accounting majors who are seeking their master's degree is Brigham Young University - Provo. Roughly 36,400 attend the school each year. The average in-state tuition for full-time undergraduates is $6,120 per year, while in-state graduate students, on average, pay $7,700 per year. The accounting program at Brigham Young University - Provo awarded 154 master's degrees during the 2020-2021 school year. About 32% of this group were women, and 10% were students from an underrepresented racial-ethnic group.
The 19th most popular school in the country for accounting majors who are seeking their master's degree is University of Massachusetts Amherst. Each year, around 31,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $15,791 per year, while in-state graduate students, on average, pay $14,014 per year. The accounting program at University of Massachusetts Amherst awarded 148 master's degrees during the 2020-2021 school year. About 51% of this group were women, and 18% were students from an underrepresented racial-ethnic group.
Colorado State University - Global Campus comes in at #19 on our list of the most popular colleges offering master's degrees in accounting. Each year, around 12,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,400 per year, while in-state graduate students, on average, pay $9,000 per year. For the 2020-2021 academic year, 148 master's degrees were handed out to accounting majors at Colorado State University - Global Campus. Of these students, 68% were women and 27% were members of underrepresented racial-ethnic groups.
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Related Majors
Below are some popular majors that are similar to accounting that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 122,843 |
| Management Sciences & Methods | 29,299 |
| Human Resource Management | 9,750 |
| Business & Commerce | 8,488 |
| Finance & Financial Management | 4,544 |
References
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By Pixabay under License
More about our data sources and methodologies.
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