Choosing the right online accounting degree is a big decision that can shape your career and financial future. With more students turning to remote education, the availability of accounting programs online has grown dramatically. But with so many options, how do you find the one that’s right for you?
In this guide, we’ll break down the steps you need to follow to choose the best online accounting degree. We’ll cover everything from accreditation and curriculum to career outcomes and affordability, helping you make a confident and informed decision.
Contents
- 1 1. Understand What an Online Accounting Degree Offers
- 2 2. Choose the Right Degree for Your Career Goals
- 3 3. Check Accreditation Status
- 4 4. Review Curriculum and Course Offerings
- 5 5. Evaluate Faculty Credentials
- 6 6. Consider Flexibility and Learning Format
- 7 7. Compare Costs and Financial Aid Options
- 8 8. Look Into Student Support Services
- 9 9. Examine Career Services and Outcomes
- 10 10. Read Reviews and Compare Rankings
- 11 11. Consider Transferability and Further Education
- 12 12. Trust Your Instincts
- 13 Final Thoughts: Finding the Best Fit
1. Understand What an Online Accounting Degree Offers
An online accounting degree offers flexibility for students who need to balance education with work, family, or other responsibilities. These programs cover the same foundational and advanced concepts as traditional on-campus degrees, such as:
- Financial accounting
- Managerial accounting
- Auditing
- Taxation
- Business law
- Economics
- Financial reporting
Degree Levels Available
Accounting programs online come in different formats, including:
- Associate Degree in Accounting: A 2-year program ideal for entry-level positions.
- Bachelor’s Degree in Accounting: A 4-year degree that qualifies graduates for most accounting roles and CPA certification.
- Master’s Degree in Accounting (MAcc): Often pursued by those looking to specialize or advance into senior roles.
- Certificate Programs: Short-term courses focused on specific skills like bookkeeping or QuickBooks.
2. Choose the Right Degree for Your Career Goals
Different degrees prepare you for different career paths. Before enrolling in an accounting program online, determine your long-term goals.
| Career Goal | Recommended Degree |
|---|---|
| Bookkeeper or Accounting Clerk | Associate Degree |
| CPA or Corporate Accountant | Bachelor’s Degree |
| Financial Analyst or Tax Consultant | Bachelor’s or Master’s Degree |
| CFO or Controller | Master’s Degree |
3. Check Accreditation Status
Accreditation is a critical factor when comparing accounting programs online. It ensures the program meets high educational standards and is recognized by employers and licensing boards.
Types of Accreditation
- Regional Accreditation: The gold standard; credits are widely transferable.
- National Accreditation: Often associated with vocational or for-profit schools.
- Programmatic Accreditation: From organizations like the Association to Advance Collegiate Schools of Business (AACSB) or Accreditation Council for Business Schools and Programs (ACBSP).
Why Accreditation Matters
- It qualifies you for federal financial aid.
- It increases your chances of credit transfer.
- It ensures your degree is respected by employers.
4. Review Curriculum and Course Offerings
Not all accounting programs online offer the same curriculum. A strong program will include core accounting courses, business fundamentals, and real-world applications.
Core Courses to Look For:
- Financial and Managerial Accounting
- Intermediate and Advanced Accounting
- Auditing Principles
- Taxation and Compliance
- Accounting Information Systems
Specialized Electives
- Forensic Accounting
- International Accounting
- Financial Planning
- Nonprofit Accounting
CPA Exam Preparation
If you’re planning to become a CPA, make sure the program includes CPA exam prep or at least aligns with your state’s CPA requirements.
5. Evaluate Faculty Credentials
Faculty members should have both academic qualifications and real-world experience. Look for instructors with CPA licenses, doctoral degrees, or professional experience in accounting and finance.
Questions to Ask:
- Are faculty members CPAs?
- Do they have industry experience?
- Are they active in accounting associations or research?
6. Consider Flexibility and Learning Format
One of the main benefits of accounting programs online is flexibility. Look for a program that suits your schedule and preferred learning style.
Key Flexibility Features:
- Asynchronous Learning: Learn on your own time.
- Synchronous Learning: Participate in live classes.
- Self-Paced Options: Complete courses at your speed.
- Accelerated Tracks: Finish your degree faster.
Also, check whether the program is entirely online or has in-person components like exams or internships.
7. Compare Costs and Financial Aid Options
Tuition varies widely among online accounting programs. Consider all costs, including tuition, fees, books, and technology requirements.
Ways to Reduce Costs:
- Apply for scholarships and grants
- Use employer tuition reimbursement
- Choose community colleges for associate degrees
- Look for flat-rate tuition models
Make sure to fill out the FAFSA (Free Application for Federal Student Aid) to check your eligibility for financial aid.
8. Look Into Student Support Services
Even in an online setting, you need access to resources that support your academic journey.
Essential Support Services:
- Academic advising
- Career counseling
- Virtual libraries
- Technical support
- Peer and faculty mentorship
These services can be the difference between success and struggle in an online program.
9. Examine Career Services and Outcomes
A good online accounting program will help you transition smoothly into the job market.
Look for Programs With:
- High job placement rates
- Internships and practicum opportunities
- Resume and interview prep services
- Strong alumni networks
Employment Outlook for Accountants:
According to the U.S. Bureau of Labor Statistics, employment of accountants and auditors is projected to grow 6% from 2021 to 2031. Online degrees from accredited institutions are recognized by top firms, so long as your qualifications meet the job criteria.
10. Read Reviews and Compare Rankings
Research how the program is perceived by students, graduates, and employers. Rankings aren’t everything, but they can provide insights.
Where to Check:
- U.S. News & World Report
- Niche.com
- CollegeScorecard.ed.gov
- LinkedIn alumni profiles
Also, join forums and social media groups where students discuss their experiences.
11. Consider Transferability and Further Education
You may want to transfer credits or pursue further education later on. Make sure the online program you choose offers good articulation agreements and paths for advancement.
Questions to Ask:
- Will my credits transfer to a four-year or graduate program?
- Are there dual-degree or 4+1 pathways?
- Can I go on to earn a Master’s or MBA?
12. Trust Your Instincts
After gathering all the facts, trust your gut. If a program seems overly salesy, lacks transparency, or just doesn’t feel right—move on. Choose a program that fits your personal goals, budget, and lifestyle.
Final Thoughts: Finding the Best Fit
Choosing among the many accounting programs online can be overwhelming, but taking a systematic approach will help. Focus on accreditation, curriculum, flexibility, and support services. Keep your career goals front and center, and don’t hesitate to reach out to admissions counselors with your questions.
Remember: the best online accounting degree is the one that helps you grow, fits your schedule, and prepares you for a rewarding career.