Adding a specialization to your MBA is becoming more common. It signals employers that your skills and qualities can improve your salary potential.
Students with an online MBA accounting concentration can choose from various careers. These career paths can lead to management or leadership roles.
Business Development Manager
Earning an online MBA focusing on Accounting will open many career doors. The degree qualifies you for management positions and business advising roles, both internally at a company and externally to clients. It is also a well-traveled path to the top ranks of corporate leadership, as many CEOs started their careers in financial management.
A Business Development Manager is a highly skilled position that identifies opportunities for growth, expansion, and new ventures. It is a commission-driven role ideal for self-motivated and goal-oriented individuals who thrive on meeting sales targets. Vacancies are available across most sectors and all types of businesses and organizations. They are commonly found in large companies that can dedicate significant time and resources to the role. Check sector-specific job websites, national newspapers, and general online job boards for current vacancies. Alternatively, you can apply to graduate training schemes to boost your chances of being offered a permanent role.
Financial Analyst
Those with a keen eye for numbers and excel at spreadsheets can advance into financial analyst roles. These professionals collect and analyze data to ensure accurate tax payments, optimized costs, and businesses have the resources they need for growth.
These specialists work with various departments to identify procedures and policies that can be improved upon. They also prepare reports to advise management on data-driven strategies and decisions. They may specialize in several areas, including rating analysis, where they assist companies and government agencies in understanding their debts. They can also focus on risk analysis, helping minimize risks and maximize profits.
A graduate degree in accounting provides a broad education in many aspects of business, which can help you stand out to potential employers. An MBA in accounting online program can equip you with the skills and knowledge you need for success in the field, whether you want to join a large company or operate as an independent consultant.
Environmental Green Accountant
As the world shifts to a green economy, saving natural resources, cute and furry critters, and pristine coastlines is high on many people’s priorities. This trend is reflected in the growing popularity of careers focusing on saving the environment.
One such career option is environmental accounting, a subset of accounting that examines how businesses’ operations impact the environment on local, national, and global levels. Accountants specializing in this field look at the financial data that results from environmental factors and recommend ways to save money while protecting the planet.
An MBA with a concentration in accounting offers a broad education and several specializations that can lead to varied career options for graduates. In addition to gaining the knowledge and skills needed to work in various business settings, an accounting degree can also help prepare students for the CPA exam. An online MBA in accounting program is designed to meet today’s busy schedules and deepen students’ understanding of capital budgeting, finance, and portfolio management.
Auditor
Accounting is a vital profession that tracks the health of a business. It provides the data that executives need to decide how to grow and whether a project will pay off. At a higher level, an MBA focusing on accounting can help professionals become senior financial analysts, corporate controllers, and chief financial officers.
Earning an online MBA degree in accounting can prepare students for career growth within the industry. A typical program may include a mix of core business courses such as economics and finance and accounting specialization classes. These classes explore accounting information systems, taxation, and auditing theory and practice. Students will also cultivate leadership skills through courses on management and communication. Many schools offer networking opportunities for enrollees, helping them connect with alumni in the field and expand their professional networks. These connections can lead to a job in the industry after graduation.