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Affordable MBA Degree in Accounting Degree & Schools Online

If you are currently working, you are probably already familiar with the higher salaries that workers with an MBA in accounting receive. What you may not be aware of is that MBA holders with an accounting degree can get a wider variety of positions as well. There are different advantages to getting an online MBA degree in accounting.

Degrees for Online MBA in Accounting

MBA in Finance and Accounting
MBA in Health Care Management
MBA in Operations Management
MBA in International Business
MBA in Strategic Management
MBA in Accounting
MBA in Marketing

Various Careers Open to Online MBA in Accounting Graduates

Investment Banker
Sales and Trading Specialist
Private Equity Manager
Hedge Fund Manager
Financial Analyst
Investments Broker
Venture Capital Broker
Financial Management
Insurance
Equity/Fixed Income research

More to see on Affordable Online Degrees

Salaries Earned by MBA in Accounting Graduates

There is no difference in salary between someone earning an online Accounting MBA degree or a traditional one. The average annual salary earned by an investment manager with 3 years experience at any hospital in Washington, DC is around $96K. The average salary earned by a financial analyst in accounting with 3 years experience at any private firm in Chevy Chase, MD, is about $61K.

Salaries are dependent on years of experience, geographic location, type of institution (public, private firm, hospital, bank, etc.), type of position and the number of persons managed. Payscale.com is a great resource for finding more specific salary information based on these factors.

Pros of Earning an Online MBA Degree in Accounting

Taking online courses is extremely convenient as there are no weather related issues for getting to class
A flexible schedule is good for those who can work alone
There are very few tests as your school work is mostly projects
You can read lectures, books and websites anywhere, anytime
You will be dealing with professionals who are already in your line of work
You can keep your current job and not have to worry about needing a job transfer
Good for parents with young children
Higher salary if you had no degree or a lower certification
You can opt to take as few or as many courses as possible since there is no financial aid given
Better jobs will be available after completing your degree without your having to go to a campus

Cons of Earning an Online MBA Degree in Accounting

Some higher paying companies prefer a traditional education over an online education
An online graphic design education is more expensive than a traditional graphic design campus education
You lack the benefits and facilities of a traditional campus such as gyms, swimming pools, stocked library, tennis courts
Little or no guidance for financial aid or career
This style can be a great disadvantage to those who need interactive learning to better comprehend and understand class work and projects
It can be really bad for those who are not disciplined enough to arrange their schedules to fit their assignments and test into their professional and personal lives