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Madison - Master of Business Administration in Accounting

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Why an MBA in Accounting?

Opportunities for accountants and auditors are growing more quickly than average according to the Bureau of Labor Statistics — at a rate of 22% over the next decade. New jobs are being created due to changing financial laws, new government regulations, international trade and mergers, and increased accountability for protecting businesses and shareholders.

While a bachelor’s degree is the minimum requirement for most accountant and auditor positions, employers prefer applicants with a master's degree in accounting, or with a master's degree in business administration with a concentration in accounting.

Careers

An MBA in Accounting is valuable in opening the door to top-paid positions in such highly competitive fields as financial management and financial analysis. It also provides the credentials needed to teach business classes at community colleges or career education schools. Upon completion of the MBA in Accounting, graduates will be prepared to handle effectively high-level positions such as:

  • Public Accountant
  • Management Accountant
  • Government Accountant and Auditor
  • Internal Auditor
  • Budget Analyst
  • Financial Analyst
  • Controller
  • Treasurer
  • Finance Officer
  • Credit Manager
  • Risk and Insurance Manager
  • International Banking Manager
  • Securities, Commodities, and Financial Services Sales Agents

According to a May 2011 report from the Bureau of Labor Statistics, annual earnings for accounting professionals are as follows:

  1. Accountants and Auditors
    • Lowest 25% – $48,920
    • Median – $62,850
    • Highest 25% – $83,210
    • Highest 10% – $109,870
  2. Financial Analysts
    • Lowest 25% – $57,900
    • Median – $75,650
    • Highest 25% – $101,120
    • Highest 10% – $145,580
  3. Budget Analysts
    • Lowest 25% – $55,260
    • Median – $69,090
    • Highest 25% – $86,540
    • Highest 10% – $102,280
  4. Financial Managers
    • Lowest 25% – $78,300
    • Median – $107,160
    • Highest 25% – $146,150
  5. Securities, Commodities, and Financial Services Sales Agents
    • Lowest 25% – $41,940
    • Median – $72,060
    • Highest 25% – $132,040

Curriculum

A minimum of 39 semester credit hours is required for graduation.
MBA Courses and Descriptions

Special Admissions

Students must have a bachelor's degree with a major in business or a related discipline to be admitted to this MBA program. Students without a bachelor’s degree in business or a related discipline must enroll in the Master of Business Administration in Business Management (MBABM) program.

REQUIRED MBA COURSES

All courses, 30 semester credit hours, are required.

Course NumberCourse NamePrerequisiteCredit Hours
MBA 600Leadership and Organizational BehaviorMBA 540 or equivalent coursework3.0
MBA 606Research and Decision MakingMBA 530 or equivalent coursework3.0
MBA 615MarketingMBA 540 or equivalent coursework3.0
MBA 621Financial and Managerial AccountingMBA 520 or equivalent coursework3.0
MBA 626Information Systems and TechnologyNone3.0
MBA 631Operations and Project ManagementNone3.0
MBA 639Managerial EconomicsMBA 530 or equivalent coursework3.0
MBA 645FinanceMBA 540 or equivalent coursework3.0
MBA 658Advanced Managerial AccountingMBA 520 or equivalent coursework and MBA 6213.0
MBA 690Strategic PlanningMBA 520, MBA 530, & MBA 540 or equivalent coursework3.0
MBA 691Graduate Capstone ProjectFinal semester3.0

ACCOUNTING CONCENTRATION COURSES

A minimum of 9.00 semester credit hours is required. Students may select any of the following courses.

Course NumberCourse NamePrerequisiteCredit Hours
MBA 655Advanced AuditingMBA 520 or equivalent coursework3.0
MBA 656Accounting Information SystemsMBA 520 or equivalent coursework3.0
MBA 657Advanced TaxationMBA 520 or equivalent coursework3.0


PDF icon Disclosure Methodology

Not all programs approved in all states.

The information below reflects aggregated data from all of the Herzing University campuses that have students enrolled in the specified program in the specified time period. The information does not reflect data regarding individual campuses unless only one campus had students to report. The reporting period used to obtain this data was 7/1/2012-6/30/2013. If there were less than 10 graduates in a program, median loan debt and on-time completion data were not disclosed for that program to protect the privacy of those students. Tuition and length may vary by campus location. Ranges could not be input for tuition and length, therefore tuition and length reported are the highest tuition rates and longest program length to encompass all campuses. For information regarding specific campus tuition please refer to http://www.herzing.edu/tuition-financial-aid . For a more detailed description of how the data was calculated please refer to the Disclosure Methodology located here http://www.herzing.edu/files/2014Disclosures-Methodology.pdf .



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