Because of increased financial regulations, many companies are seeking qualified accountants to fill key positions. This has also increased enrollment rates in MBA accounting programs. Many accredited universities offer MBA accounting programs that can be completed online.
The accounting and financial regulations resulting from the passage of the Sarbanes-Oxley Act have increased the demand for skilled accountants. Companies rely on these professionals to ensure that they are complying with all financial and accounting regulations, and they are willing to pay handsomely for the services of skilled accountants and financial managers. During 2004, most financial managers earned anywhere from $78,000 to $147,000 a year. It’s not difficult to understand why large quantities of people are enrolling in MBA accounting programs.
Students earning MBAs online can complete courses whenever it’s convenient for them, and they can finish the program quicker than a traditional one. In fact, some students complete their MBA program in less than a year. While enrolled in an accounting MBA program, students will learn about risk management, tax law, financial assessment, and how to effectively develop a financial plan.
Companies frequently pay the tuition fees for their employees to complete accounting MBA programs online. Upon graduation, employees holding accounting MBAs often receive promotions and pay raises. Students enrolled in online MBA programs have many resources at their disposal to succeed, including chat rooms where they can interact with other students and instructors, e-libraries, and networking opportunities. Networking is one of the most effective ways to find good job opportunities.
MBA degree programs in Accounting