North Carolina Accounting Degrees Online and On-Campus
North Carolina's biggest universities offer Master's degrees within accounting, and beginning in 2020, they will have online opportunities. UNC at Chapel Hill provides a few options, including a full Master of Accounting degree or finance specialization for the Master of Business Administration.
Many accounting opportunities are located in Charlotte, where they host Wells Fargo's headquarters for their east division and a corporate building for Bank of America.
Online Masters of Accounting Degrees in North Carolina
With the Online Master of Accounting degree program at the University of Alabama at Birmingham’s Collat School of Business, you earn your master’s degree in as few as 5 semesters with a flexible online format. There is also a Bridge Program available for students who don’t hold a bachelor’s degree in accounting. AACSB Accounting accredited.
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With Northeastern University's Online Master's programs, you can choose from 2 degrees, completing each program 100% online in as few as 16 months: With the Online Master of Science in Finance, you can choose from 2 tracks in Corporate Finance or Investment Finance. With the Online Master of Taxation, you can choose from 2 tracks: Taxation of Entities or Taxation of Individuals.
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North Carolina Accounting Career Summary
- Average Mean Salary for Accountants and Auditors in North Carolina: $69840
- Income Ranges: Top 90% Mean Salary: $117850 / Bottom 10% Mean Salary: $46110
- Employment Change: +5,540 jobs added between 2014 and 2024, an estimated average of 1,480 new accountant or auditor jobs in North Carolina per year.
University of North Carolina - Chapel Hill
Master of Accounting
The Kenan-Flagler Business School offers a fully online version of their Master of Accounting program that can also be completed on-campus, and the curriculum is accredited by the Association to Advance Collegiate Schools of Business (AACSB). There are no restrictions to undergraduate majors or professional background, making the program open to anyone that wants to begin a career in accounting. For those that have experience, the online format is exclusive to them as it will provide a more customized format as courses will be tailored to their professional schedule. 36 credit hours are required for experienced individuals and it is possible to complete the program within a year, while others will need 48 total credits. There are four different admission dates during each year.
Regardless of taking the online or on-campus version, they will both have the same faculty and resources available to the student. Courses online will be offered in a live, synchronous format with various class times to choose from. Assignments and projects will be worked on through the course management system with interactive features such as discussion boards, study groups, and one-on-one office hours with the professors. With a vast number of alumni from the Kenan-Flagler Business School, there will be many opportunities to network and gain accounting opportunities around the world.
Master of Business Administration - Finance
As an alternative, students can also pursue the online Master of Business Administration with a specialization in Finance. This curriculum is geared toward students that have a financial background or professional experience and are looking for managerial roles, such as a financial manager, payroll director, or chief financial officer. Electives that can be taken within this area of emphasis include Corporate Financial Strategy, Global Finance and Emerging Markets, and Mergers and Acquisitions.Students that have completed this program have gone to work at companies such as Bank of America, JP Morgan, and Merrill Lynch Wealth Management.
Requirements to get into the program include an updated resume, unofficial or official transcripts (official transcripts are required upon admission), two letters of recommendation, one or two essays, GRE or GMAT scores for students that have less than six years of professional experience, and a personal interview needs to be conducted with an academic counselor online. There are three admission times each year, and benefits for enrolling before the priority deadline include a $150 application fee waiver, eligibility to enroll in classes faster, and the ability to attend a global immersion.
Master of Science in Accounting
Another option to receive an MSA degree is through Strayer University, which has multiple locations across the south and east coasts of the United States. The program gives students the skills needed to budget corporate accounting, being able to identify fraud and evaluate company risk, and becoming familiar with the global economy, such as trade policies and regulations in other countries. The degree also offers a concentration in public accounting with electives that focus on maintaining financial information within the public sector. There is a $3,000 scholarship for online students that are pursuing a Master’s degree, and $4,000 scholarship for alumni that are returning to Strayer University.
Online courses are self-paced and the schedule is separated into four quarters each calendar year. There is still access to campuses if available in the area to have a hybrid schedule of online and on-campus courses. These classes are typically held at night and weekends to convenience full-time working professionals. Admission into the program requires the completion of a Bachelor’s degree from an accredited university with a 2.5 GPA or higher, official transcripts, a valid photo identification, and a completed application.
North Carolina State University
Master of Accounting
The online Jenkins MAC offered by the Poole College of Management at NC State provides a great opportunity for working professionals to keep going in their career while also obtaining further education for a more advanced accounting job. With full customizability, the program can be completed in as little as 12 months, or up to six years if needed. There are multiple concentrations for students to choose from if desired: Enterprise Risk Management, Information Technology, and Tax Strategy. The curriculum is accredited by the AACSB.
Students that do not have a background in accounting can take the ASAP program that has the prerequisites needed in order to pursue the core courses within the MAC. These courses will not count toward the credit needed to complete the MAC program. The latest graduates from Spring 2019 saw a 100 percent placement rate in the workforce within three months of graduation. Places that have hired these graduates include the Big Four accounting firms – Deloitte, Ernst and Young, KPMG, and PricewaterhouseCoopers.
University of North Carolina – Greensboro
Master of Science in Accounting
Beginning in 2020, the Bryan School of Business and Economics will be offering the MSA program both on-campus and online. This curriculum will prepare students to take the Certified Public Accounting (CPA) exam in order to pursue their career. There are 30 credits needed to complete the program, and up to 24 credits will be toward accounting courses and up to 9 credits can be used for non-accounting courses. This provides flexibility in customizing the degree to specific career choices. Some of the core courses needed in the curriculum are Introduction to Business Entity Taxation, Taxation of Corporations and Shareholders, and IT Auditing and Accounting Data Analytics.
There are three times that students are admitted into the program each year – before the fall, spring, and summer terms. Requirements for admission include sending official transcripts, GMAT or GRE scores, resume, personal statement, and three letters of recommendation. The testing scores are waived for students that have a 3.25 GPA or higher within accounting, already holding a CPA license, transferring from a different graduate school, or are in the school’s dual BS/MS program. There is no need for a background in accounting in order to pursue this program.
Accreditation Options in North Carolina
Two of the most popular accreditation associations within North Carolina is a worldwide and regional-based organization. The SACSCOC will showcase universities throughout the southwest and southeastern portions of the United States. The AACSB specifically accredits higher level education around the world.
Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
Accredits higher education in the Southeastern and Southwestern portions of the United States. Some of the biggest aspects within a university they look for is integrity, accountability, and continuous improvement within their university. Schools must actively participate in the accreditation process to keep in good standing, and requires them to self-regulate and continue improving their institution, keeping up with the latest developments in the workforce and meeting employment needs.
Association to Advance Collegiate Schools of Business (AACSB)
Founded in 1916, this accreditation service focuses on business schools that are not-for-profit. There is a newer specialized accreditation in accounting directly, which has been given to 182 different schools. They have a strong criteria that has been established through peer review in the following categories: strategic management and innovation, learning and teaching, and academic and professional engagement. Universities must continue to adhere to these principles and continue to show improvement in curriculum and faculty.
Career Opportunities in North Carolina
Wells Fargo’s headquarters for the east coast division are located in Charlotte, North Carolina, and is home to the One Wells Fargo Center skyscraper that opened in 1988. According to Indeed, Wells Fargo is offering numerous finance and accounting jobs in Charlotte, which include finance managers, strategy consultants, business initiatives consultants, and more. Other companies include H&R Block, Bank of America, IBM, and a few of the Big Four accounting firms, Deloitte and Ernst and Young. Charlotte does offer the most accounting opportunities, but there are also many positions available in Raleigh, Durham, Greensboro, and Winston-Salem.
An entry-level accounting job in North Carolina has an average salary between $47,125 and $56,991 per year according to Salary.com. Margarettsville and Pleasant Hill are two locations that are typically on the higher end at over $53,600 annually. Higher-level accountants can see as much as $97,711 per year, but this pushes over the six-figure mark when looking at jobs within bigger cities such as Charlotte and Raleigh. When looking at professionals that hold a Master’s degree in general in the state of North Carolina, ZipRecruiter shows that the average salary hovers around $58,351, and the numbers range between $38,630 and $64,126 when looking between the 25th and 75th percentile.