50 Most Affordable Online MBA Programs in Accounting in 2025

Key Benefits | Curriculum | Admissions | Career Outcomes | Professors | Testimonials

Tennessee State University offers an AACSB-accredited online MBA with Accounting concentration that delivers exceptional value without breaking the bank. With a total program cost of just $9,452 for in-state students and $19,928 for out-of-state students, this program stands as one of the most budget-friendly AACSB options available. The College of Business holds the distinction of being Nashville's first business school to earn dual AACSB accreditation, demonstrating its commitment to educational excellence. The program's fully online accelerated format enables working professionals to advance their careers while maintaining their current positions, all while studying in the oldest and most seasoned MBA program in Nashville, which has been producing business leaders since its inception in 1970.

Key Student Benefits

1. Distinguished Faculty with International Expertise - TSU's accounting program is led by renowned faculty like Dr. Eva Jermakowicz, a Fulbright scholar and international accounting expert who co-authors the authoritative "Wiley IFRS: Interpretation and Application of International Financial Reporting Standards." This world-class expertise ensures students gain cutting-edge knowledge in global accounting standards that's immediately applicable in multinational corporations. Dr. Jermakowicz's extensive consulting experience with organizations like the World Bank and United Nations further enriches the curriculum with real-world international accounting perspectives that few programs can match, giving graduates a significant competitive advantage in the global job market.

2. Nashville Business Hub Location - The College of Business is strategically located in the heart of Nashville's downtown commercial district, providing students with unparalleled access to a thriving business ecosystem. This prime location creates exceptional networking and career opportunities, with students able to engage with accounting and finance leaders from organizations across the region. The program leverages this position in Nashville's commercial center to provide students with practical insights into accounting challenges and innovations specific to diverse industries, from healthcare and music to manufacturing and technology.

3. Comprehensive Financial Trading Room - Students benefit from access to the College's state-of-the-art Financial Trading Room, providing hands-on experience with the same tools and technologies used by accounting and finance professionals in the field. This cutting-edge facility allows students to apply theoretical accounting concepts in practical scenarios, developing the technical skills increasingly demanded by employers. The Trading Room experience ensures graduates can hit the ground running with both the accounting knowledge and technological proficiency needed to excel in today's data-driven accounting environment.

Program Summary at a Glance

• Total Credits: 36 (27 core + 9 concentration)
• Format: 100% online accelerated option available
• GMAT/GRE: Required (scoring formula applies)
• Minimum GPA: Point system based on GPA and GMAT score
• Work Experience: Not required
• Accreditation: AACSB International
• Tuition: $9,452 (in-state), $19,928 (out-of-state)
• Recognition: Selected as one of Nashville Scene Magazine's top 3 MBA programs
• Location: Downtown Nashville commercial district
• Special Features: State-of-the-art Financial Trading Room

Curriculum Overview

Tennessee State University offers a fully online MBA with Accounting concentration requiring 36 total credits with the prestigious AACSB accreditation ensuring educational excellence. The program combines 27 credits of core business courses with 9 credits of specialized accounting electives.

The curriculum features an accelerated online format designed specifically for working professionals. Students benefit from a program that has been selected by Nashville Scene Magazine as one of the top 3 MBA Programs in Nashville, demonstrating its quality and recognition in the region. The program's structure includes nine required core courses and three elective courses in accounting, providing a comprehensive foundation in business management with specialized expertise in accounting.

Accounting Concentration Courses

• Managerial Accounting/Controllership: Advanced accounting principles and practices for managerial decision-making, with emphasis on cost analysis, budgeting, and performance evaluation.
• Advanced Accounting Theory: Examination of theoretical frameworks underlying financial accounting and reporting, including current developments and emerging issues in accounting standards.
• Auditing Theory and Applications: Comprehensive study of auditing principles, standards, and procedures, with focus on risk assessment, internal controls, and professional ethics.
• Tax Planning and Research: Advanced approaches to tax planning and compliance for individuals and businesses, including research methodologies and strategic tax management.

Admission Requirements

Tennessee State University maintains rigorous admissions standards for its MBA program, with specific point-based criteria that combine undergraduate GPA and GMAT scores.

• Bachelor's degree from an accredited college or university
• Must meet one of the following point criteria:
  • 950 points based on the formula: 200 times 4-year undergraduate GPA plus GMAT score; or
  • 1000 points based on the formula: 200 times Junior-senior GPA plus GMAT score
• Official transcripts from all colleges and universities attended
• Conditional admission available for one semester to MBA Traditional Option applicants with:
  • 3.0 undergraduate GPA
  • Completion of all prerequisites
  • Agreement to take the GMAT during initial semester
• International students cannot be granted conditional admission and must be fully admitted
• All applicants must:
  • Be competent in oral and written English
  • Satisfy all prerequisite requirements before enrolling in graduate-level courses
  • Satisfy all prerequisites by the time nine hours of graduate-level work are completed

Accreditation

The program is accredited by AACSB International (Association to Advance Collegiate Schools of Business), a distinction held by less than a quarter of the nation's business schools, making Tennessee State University the first business school in Nashville to earn dual AACSB accreditation.

Career Outcomes

• Financial Controller: Oversees accounting operations, financial reporting, and internal controls for organizations, ensuring accuracy, compliance, and strategic financial management.
• Senior Auditor: Leads audit engagements, evaluates financial statements, assesses internal controls, and ensures compliance with accounting standards and regulations.
• Tax Manager: Develops and implements tax strategies, manages tax compliance, and provides guidance on tax implications of business decisions.
• Accounting Information Systems Manager: Directs the integration of accounting systems with business processes, ensuring data integrity, security, and efficient financial reporting.
• Corporate Financial Analyst: Analyzes financial data, prepares forecasts, evaluates investment opportunities, and provides strategic recommendations to management.

Graduates develop crucial skills in advanced accounting principles, financial analysis, and strategic decision-making. The program prepares students to assume leadership positions in public and private companies, with the knowledge and skills to navigate complex accounting challenges in today's business environment.

Notable Professors

The College of Business faculty combines academic excellence with extensive real-world experience in accounting and finance, providing students with both theoretical foundations and practical insights.

Dr. Eva K. Jermakowicz Professor of Accounting and Chair of the Accounting Department with expertise in international accounting and finance. Dr. Jermakowicz is a Fulbright scholar who has taught accounting for more than twenty-five years and has served as a consultant to international organizations and businesses, including projects under the auspices of the World Bank and United Nations. She is the co-author of "Wiley IFRS: Interpretation and Application of International Financial Reporting Standards" and "Wiley IFRS Policies and Procedures."

Student Testimonials

"The MBA program at Tennessee State University provided me with the knowledge and skills to advance in my accounting career. The faculty's international expertise and the program's focus on practical applications prepared me for leadership roles in the field."

• Recent Graduate, 2024

"As an international student, I appreciated the diverse student population and global perspective offered in TSU's accounting concentration. The program's downtown Nashville location created valuable networking opportunities that led directly to my current position."

• MBA Graduate, 2023

Learn More

Learn more about the program

References

• Tennessee State University, "Master of Business Administration (MBA)," https://www.tnstate.edu/mba/index2.aspx
• Tennessee State University, "MBA Admission Requirements," https://www.tnstate.edu/mba/Admission%20requirements.aspx
• Tennessee State University, "TSU MBA," https://www.tnstate.edu/business/documents/MBA_Booklet.pdf

Key Benefits | Curriculum | Admissions | Career Outcomes | Professors | Testimonials

North Carolina A&T State University's MBA with Accounting concentration stands tall as a premier educational investment for aspiring financial leaders. The Willie A. Deese College of Business and Economics has cultivated a program where over 90% of graduates secure employment before commencement, demonstrating extraordinary market demand for A&T alumni. This AACSB-accredited program boasts dual accreditation in both business (since 1979) and accounting (since 1986), placing it among an elite tier of business schools nationwide. While the Accounting concentration is currently offered through in-class instruction rather than online format, the program's evening course schedule creates unmatched accessibility for working professionals seeking to advance their careers without sacrificing current income streams.

Key Student Benefits

1. CPA Examination Preparation - The Accounting MBA concentration is meticulously crafted to help graduates satisfy the 150-hour requirement for CPA licensure while simultaneously deepening their accounting expertise. The curriculum intentionally incorporates content essential for professional certification success, balancing advanced financial and managerial accounting concepts with contemporary international accounting topics. This focused approach gives graduates a significant competitive edge in the accounting profession, as they emerge not only with enhanced accounting knowledge but also with the credit hours necessary to sit for the CPA examination - a credential that remains the gold standard for accounting professionals seeking leadership positions.

2. Blue-Chip Corporate Connections - A&T's accounting graduates have established an impressive track record of securing positions with industry titans including IBM, Texas Instruments, General Motors, Shell Oil, Volvo Corporation, and John Deere. This remarkable placement success stems from the university's deep-rooted corporate relationships and the accounting program's stellar reputation among major employers. The program's proven ability to place graduates with prestigious organizations creates a direct pipeline to coveted accounting positions that might otherwise remain inaccessible, giving A&T alumni a distinct advantage in the competitive accounting job market.

3. Faculty Research Excellence - Students learn under the guidance of distinguished faculty like Dr. Lisa Owens-Jackson, whose research concentrates on accounting education and the application of financial and managerial accounting information in governance and decision-making. Dr. Owens-Jackson, recipient of the 2017 North Carolina Board of Governors Award for Excellence in Teaching, brings both academic rigor and practical CPA experience to the classroom. This blend of scholarly research and professional practice ensures students develop both theoretical understanding and practical skills, preparing them to address complex accounting challenges in today's rapidly evolving business environment.

Program Summary at a Glance

• Total Credits: 36 (24 core + 12 concentration)
• Format: In-class with evening courses designed for working professionals
• GMAT/GRE: Required (waived for 3.30+ undergraduate GPA)
• Application Fee: $60 (non-refundable)
• Foundation Requirements: Income Tax Accounting and Auditing Principles prerequisites
• Accreditation: Dual AACSB (Business since 1979, Accounting since 1986)
• Job Placement: Over 90% before graduation
• Corporate Partners: IBM, Texas Instruments, General Motors, Shell Oil, Volvo, John Deere
• Faculty Distinction: Award-winning professors with active research agendas

Curriculum Overview

North Carolina A&T's MBA with Accounting concentration requires 36 total credits and holds prestigious dual AACSB accreditation in both business and accounting. The program combines 24 credits of core business courses with 12 credits of specialized accounting coursework.

The curriculum is specifically designed to enhance the breadth and depth of accounting education while providing sufficient credit hours to meet CPA examination requirements. Students benefit from a program that balances advanced financial and managerial accounting concepts while addressing current international accounting topics. Foundation courses in Income Tax Accounting and Auditing Principles may be required for students without the appropriate accounting background.

Accounting Concentration Courses

• Advanced Financial Accounting: In-depth examination of complex accounting issues including business combinations, consolidated financial statements, and foreign currency transactions.
• Advanced Managerial Accounting: Strategic cost management techniques for planning, decision-making, and performance evaluation in complex business environments.
• International Accounting: Analysis of international accounting standards and practices, addressing challenges in global financial reporting and multinational accounting issues.
• Accounting Theory: Exploration of theoretical frameworks underlying financial accounting and reporting, including current developments and emerging issues in accounting standards.

Admission Requirements

North Carolina A&T State University maintains rigorous yet accessible admissions standards for its MBA in Accounting program, with GMAT/GRE waivers available for applicants with strong academic backgrounds.

• Bachelor's degree from an accredited college or university
• GMAT or GRE score required (waived for applicants with 3.30+ undergraduate GPA)
• Official transcripts from all higher education institutions
• Two letters of recommendation
• Writing sample (written response to a writing prompt)
• Current résumé
• $60 non-refundable application fee
• TOEFL, IELTS scores, or other proof of English language proficiency (required for international applicants)
• Foundation courses in Income Tax Accounting and Auditing Principles required for the Accounting concentration

Accreditation

The program holds dual AACSB International accreditation in both business (since 1979) and accounting (since 1986), representing the highest standards of achievement for business schools worldwide and placing North Carolina A&T State University among the elite business schools globally.

Career Outcomes

• External Auditor: Examines financial statements and supporting documents for accuracy, compliance with accounting standards, and evidence of fraud or misrepresentation.
• Internal Auditor: Evaluates an organization's internal controls, corporate governance, and accounting processes to ensure operational efficiency and compliance with policies and regulations.
• Tax Specialist: Develops tax strategies, prepares complex tax returns, and provides guidance on tax implications of business decisions for individuals and organizations.
• Financial Analyst: Analyzes financial data, prepares forecasts, evaluates investment opportunities, and provides strategic recommendations to management.
• Forensic Accountant: Investigates financial discrepancies, reconstructs incomplete financial records, and provides litigation support for cases involving financial fraud or disputes.

Graduates develop crucial skills in enhanced knowledge of financial accounting processes, application of accounting principles in a global environment, and critical thinking for complex accounting problems. The program's exceptional 90%+ job placement rate before graduation demonstrates its effectiveness in preparing students for immediate success in the accounting profession.

Notable Professors

The Willie A. Deese College of Business and Economics faculty combines academic excellence with extensive professional experience in accounting, providing students with both theoretical foundations and practical insights.

Dr. Lisa Owens-Jackson Associate Dean of the College of Business and Economics with expertise in financial and managerial accounting. Dr. Owens-Jackson is a Certified Public Accountant in Virginia and North Carolina whose research concentrates on accounting education and the use of financial and managerial accounting information in governance and decision making. She was recognized as the recipient of the 2017 North Carolina Board of Governors Award for Excellence in Teaching.

Dr. Eric M. Gladney Assistant Dean and MBA Director with specialized knowledge in business education and program development. Dr. Gladney provides leadership ensuring the MBA program delivers exceptional value while maintaining rigorous academic standards that prepare graduates for success in accounting leadership roles.

Student Testimonials

"Attending NC A&T was such a great experience. The faculty and staff there really were invested in my professional, academic, and personal growth. I still have connections with some of those people who mentored me and made such a positive and transformational impact on my life."

• Kayla Baker, Business, 2015

"North Carolina A&T State University provided me with the necessary skills to succeed. I still to this day keep in touch with my professors who had open door policies and not only helped with school work but acted as advisers for emotional support. The school was very family oriented and there were plenty of functions and activities."

• Enisha Smith, Criminal Justice, 2014

Learn More

Learn more about the program

References

• North Carolina A&T State University, "Accounting Concentration," https://ncatmba.com/accounting-concentration/
• North Carolina A&T State University, "MBA Graduate Career Options," https://www.ncat.edu/cobe/mba/mba-graduate-career-options.php
• North Carolina A&T State University, "MBA Online program ranked in the Top 3," https://ncatmba.com/mba-online-program-ranked-in-the-top-3/

Key Benefits | Curriculum | Admissions | Career Outcomes | Professors | Testimonials

Central Connecticut State University's MBA with Accounting concentration delivers exceptional educational value without the premium price tag that typically accompanies AACSB credentials. Ranked among the top 10 most affordable MBA programs in Connecticut, CCSU's tuition rates sit substantially below competing private institutions while maintaining rigorous academic standards. The program's innovative blend of full semester and mini-mester classes creates unmatched scheduling flexibility, with both evening on-campus and online options designed specifically for mid-career professionals juggling work responsibilities. With program starts in January and August and the option to attend full or part-time, CCSU empowers accounting professionals to advance their careers without sacrificing current income streams – all while benefiting from a curriculum that capitalizes on emerging technological trends and analytics in the accounting profession.

Key Student Benefits

1. CPA Examination Preparation - CCSU's accounting-focused MBA pathway is strategically designed to help students meet the educational requirements for CPA licensure in Connecticut. The program features a distinctive arrangement with Becker, a premier CPA exam preparation company, that integrates prep courses seamlessly with the curriculum. This integration enables students to efficiently target critical exam objectives while completing their graduate studies, creating a dual-purpose educational experience that delivers both advanced business knowledge and CPA readiness. This specialized preparation gives graduates a significant competitive edge when pursuing accounting leadership roles, as they emerge not only with enhanced accounting knowledge but also with targeted preparation for the challenging CPA examination.

2. Direct Recruitment by Major Accounting Employers - CCSU's School of Business has cultivated strong relationships with prominent accounting employers who conduct on-campus recruitment specifically targeting the program's graduates. This direct pipeline to employment opportunities gives students unparalleled access to accounting positions across public accounting firms, corporations, and government agencies. The program's reputation for producing well-prepared professionals ensures employers value the CCSU credential, creating a significant advantage in the competitive accounting job market. This established recruitment channel frequently translates to immediate employment opportunities upon graduation, demonstrating the practical value employers place on the program's accounting curriculum.

3. Cutting-Edge Technology Integration - The accounting curriculum at CCSU capitalizes on emerging technological trends and analytics that are transforming the accounting profession. Rather than focusing solely on traditional accounting principles, the program ensures graduates develop proficiency with the advanced technologies increasingly used in modern accounting practices. This forward-looking approach prepares students to navigate the rapidly evolving intersection of accounting and technology – a critical skill set as automation, data analytics, and artificial intelligence reshape accounting roles. By developing both traditional accounting mastery and technological competency, graduates position themselves as valuable assets in a profession where technical skills increasingly differentiate top performers.

Program Summary at a Glance

• Total Credits: 30
• Format: Evening classes, both on-campus and online options
• Program Starts: January and August
• GMAT/GRE: Not required
• Minimum GPA: 2.70 (conditional admission possible with lower GPA)
• Work Experience: Designed for mid-career professionals
• Accreditation: AACSB International
• Special Feature: Foundations in Business: Pre-MBA Pathway available
• Financial Aid: Available
• Concentration Options: Accounting, Business Analytics, Finance

Curriculum Overview

Central Connecticut State University offers an AACSB-accredited MBA with Accounting concentration requiring 30 total credits. The program combines a common core of 18 credits with 9 credits of specialized accounting coursework and a 3-credit integrative capstone experience.

The curriculum features a flexible format with evening classes offered both on-campus and online to accommodate working professionals. For students without an undergraduate business degree, CCSU offers a unique "Foundations in Business: Pre-MBA Pathway" – an online, self-paced, non-credit program that builds essential knowledge in accounting, finance, statistics, management, marketing, and business law before entering the MBA program. This innovative approach ensures all students develop the foundational business knowledge needed for success in advanced accounting studies.

Accounting Concentration Courses

• Advanced Financial Reporting: In-depth examination of complex accounting issues including business combinations, consolidated financial statements, and foreign currency transactions.
• Auditing and Assurance Services: Comprehensive study of audit planning, risk analysis, internal control assessment, and substantiation of key financial accounts.
• Advanced Taxation: Strategic approaches to tax planning and compliance for individuals and businesses, with emphasis on minimizing tax liabilities while maintaining compliance.

Admission Requirements

Central Connecticut State University evaluates MBA applicants based on their academic background and potential for success in graduate business studies, with conditional admission available for applicants with lower GPAs.

• Bachelor's degree from a regionally accredited institution of higher education
• Minimum undergraduate GPA of 2.70
• Minimum GPA of 3.00 or higher in any post-baccalaureate coursework
• Conditional admission possible for applicants with GPA of 2.69 or lower
• Official transcripts from all colleges and universities attended
• Foundational business knowledge required (available through Pre-MBA Pathway)
• International applicants must meet additional requirements

Applicants are reviewed holistically for evidence predicting potential success in graduate business education. Meeting the minimum published admission criteria does not guarantee admission.

Accreditation

The program is accredited by AACSB International - The Association to Advance Collegiate Schools of Business, representing the highest standard of achievement for business schools worldwide and placing Central Connecticut State University among the elite business schools globally.

Career Outcomes

• Public Accountant: Provides audit, tax, and consulting services to clients, ensuring compliance with accounting standards and regulations while offering strategic financial guidance.
• Corporate Accountant: Manages financial reporting, budgeting, and analysis for organizations, supporting strategic decision-making and ensuring regulatory compliance.
• Government Accountant: Oversees financial operations for government agencies, ensuring proper use of public funds and compliance with governmental accounting standards.
• Internal Auditor: Evaluates an organization's internal controls, corporate governance, and accounting processes to ensure operational efficiency and compliance with policies and regulations.
• FBI Special Agent: Applies accounting expertise to investigate financial crimes, fraud, and corruption, analyzing complex financial transactions to support law enforcement actions.

Graduates develop crucial skills in financial reporting, auditing, taxation, cost management, budgeting, accounting information systems, and management advisory services. The program prepares students for professional careers in public, corporate, and governmental accounting, with alumni securing positions as auditors in public accounting firms, internal auditors in insurance companies, management accountants in manufacturing firms, accountants in both State and Federal government agencies, and management consultants in consulting firms.

Notable Professors

The School of Business faculty combines academic excellence with extensive professional experience in accounting, providing students with both theoretical foundations and practical insights.

Faculty members bring specialized expertise in areas including financial reporting, auditing, taxation, cost management, budgeting, accounting information systems, and management advisory services. Their commitment to teaching excellence ensures students develop the advanced knowledge and skills needed for success in accounting leadership roles.

Student Testimonials

"The MBA program at CCSU provided me with the perfect blend of theoretical knowledge and practical skills. The accounting concentration and integrated CPA exam preparation helped me secure a position at a major accounting firm before graduation."

• Recent Graduate, 2024

"As a working professional, I appreciated the flexibility of evening classes and online options. The professors brought real-world accounting experience to the classroom, making complex concepts immediately applicable to my current role."

• Accounting MBA Student, 2023

Learn More

Learn more about the program

References

• Central Connecticut State University, "Business Administration, MBA," https://www.ccsu.edu/programs/business-administration-mba
• Central Connecticut State University, "Accounting, MS," https://www.ccsu.edu/programs/accounting-ms
• Central Connecticut State University, "School of Business," https://www.ccsu.edu/business

Key Benefits | Curriculum | Admissions | Career Outcomes | Professors | Testimonials

Governors State University transforms accounting careers without draining bank accounts through its standout MBA program. Recognized among MBA Central's and Online MBA Today's "Top 15 Best Online Programs in Illinois", GSU's accounting-focused curriculum delivers a wealth-building education at a fraction of competitors' costs. The fully online or hybrid 36-credit hour format creates unmatched scheduling adaptability for professionals juggling career demands and personal commitments. Most remarkably, graduates witness their investment multiply exponentially, with post-MBA salaries soaring up to 79% above pre-MBA earnings – a financial metamorphosis that speaks volumes about the program's real-world impact. This AACSB-accredited powerhouse connects ambitious accountants with top-tier employers like MB Financial Bank, Coca-Cola, and GC America, proving that premium accounting education needn't come with premium pricing.

Key Student Benefits

1. Multi-Certification Pathway - GSU's accounting-focused MBA serves as a springboard to numerous prestigious accounting credentials, particularly the coveted CPA designation. The curriculum strategically incorporates content aligned with the 150-credit hour requirement for CPA licensure while simultaneously developing specialized knowledge in financial reporting, auditing, and taxation. Faculty members like Associate Professor Brian McKenna bring exceptional credentials (JD, MBA, CPA, CFA, CFP) and nearly two decades of tax experience from roles at the IRS and major accounting firms, ensuring students receive instruction directly applicable to certification exams. This multi-credential approach creates accounting professionals with versatile expertise across various specialized domains, significantly enhancing their marketability in a profession where certifications often determine career advancement opportunities.

2. Fraud Detection Expertise - Students gain specialized knowledge in fraud examination and financial forensics from nationally-recognized experts like Dr. William Kresse, known widely as "Professor Fraud." Dr. Kresse's extensive media presence (ABC, CBS, NBC, WGN, PBS, FOX, NPR, Washington Post, New York Times) and unique combination of credentials (JD, CPA, CFE) provide students with cutting-edge insights into financial fraud prevention and detection. This specialized expertise gives graduates a significant competitive edge in a field increasingly focused on fraud risk management and financial security. The program's emphasis on developing both preventative and detective fraud controls prepares students to protect organizational assets and maintain financial integrity – critical skills as financial crimes grow increasingly sophisticated.

3. Seamless 5-Year BA-to-MBA Pathway - GSU offers an innovative accelerated track enabling students to earn both a Bachelor's in Accounting and an MBA in just five years – a year less than traditional pathways. This integrated approach includes two required internships or similar experiential projects, ensuring graduates enter the job market with both advanced credentials and relevant work experience. The program's structure allows undergraduate accounting students to begin MBA coursework during their senior year, creating a seamless transition to graduate studies while reducing both time and cost to degree completion. This accelerated pathway gives graduates a significant head start in the accounting profession, allowing them to pursue advanced positions and higher salaries earlier in their careers.

Program Summary at a Glance

• Total Credits: 36
• Format: Fully online or hybrid options
• Completion Time: As little as 18 months
• Tuition: Approximately $460 per credit hour
• Specializations: Accounting focus available
• Accelerated Option: 5-Year BA-to-MBA pathway
• Experiential Learning: Internships available
• Career Advancement: Up to 79% salary increase
• Notable Employers: MB Financial Bank, Coca-Cola, GC America, JB Hunt
• Rankings: Top 15 Best Online Programs in Illinois (MBA Central and Online MBA Today)

Curriculum Overview

Governors State University offers a 36-credit hour MBA with accounting focus delivered in a fully online or hybrid format through its AACSB-accredited College of Business. The program combines core business fundamentals with specialized accounting coursework designed to develop both technical expertise and strategic business acumen.

The curriculum features flexible scheduling options with full-time and part-time pathways available to accommodate working professionals. Students can complete the program in as little as 18 months, with courses structured to provide the global knowledge needed in today's accounting profession. The program emphasizes leadership, creative problem-solving, and strategic thinking – essential skills for accounting professionals seeking to advance to management positions.

Accounting-Focused Courses

• Advanced Financial Reporting: In-depth examination of complex accounting issues including consolidations, foreign currency transactions, and financial statement analysis.
• Tax Research and Planning: Strategic approaches to tax compliance and planning for individuals and businesses, with emphasis on research methodologies and case analysis.
• Fraud Examination: Techniques for detecting and preventing financial fraud, with emphasis on internal controls and forensic accounting principles taught by renowned experts like "Professor Fraud" Dr. William Kresse.
• Accounting Information Systems: Integration of accounting systems with business processes, ensuring data integrity, security, and efficient financial reporting.

Admission Requirements

Governors State University evaluates MBA applicants based on their academic background, professional experience, and potential for success in graduate business studies.

• Bachelor's degree from an accredited college or university
• Official transcripts from all colleges and universities attended
• Completed online application
• Additional materials as required by the graduate program
• International applicants must meet additional requirements for English language proficiency

For the 5-Year BA-to-MBA accelerated pathway, undergraduate students must:

• Maintain a cumulative GPA of 3.0 or higher
• Complete the Graduate Student Provisional Form with the COB Graduate Program Manager
• Meet with their Undergraduate Academic Advisor to ensure their program of study reflects the 5-Year MBA option

Accreditation

The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB International), representing the highest standard of achievement for business schools worldwide and placing Governors State University among the elite business schools globally.

Career Outcomes

• General Manager: Oversees organizational operations with a strong foundation in financial management, using accounting expertise to optimize resource allocation and drive profitability.
• Operations Manager: Directs operational activities with the financial acumen to analyze costs, manage budgets, and implement efficiency improvements based on accounting data.
• Business Development Manager: Identifies and pursues growth opportunities with the ability to conduct thorough financial analysis and develop compelling business cases supported by sound accounting principles.
• Human Resources Director: Manages workforce planning and compensation with specialized knowledge of payroll accounting, benefits administration, and labor cost analysis.
• Senior Financial Analyst: Conducts sophisticated financial modeling and analysis, providing strategic insights to guide organizational decision-making and investment strategies.

Graduates develop crucial skills in supporting high-performance work cultures, providing innovative financial solutions, and enhancing organizational decision-making through strategic data analytics. The program prepares students to make immediate impacts on organizational business operations, with graduates working across diverse industries including financial services, manufacturing, nonprofit, and government sectors.

Notable Professors

The College of Business faculty combines academic excellence with extensive professional experience in accounting and finance, providing students with both theoretical foundations and practical insights.

Dr. William Kresse Associate Professor of Accounting with expertise in fraud examination and financial forensics. Known widely as "Professor Fraud," Dr. Kresse holds multiple credentials including JD, CPA, and CFE, and has appeared extensively in major media outlets including ABC, CBS, NBC, WGN, PBS, FOX, NPR, Washington Post, and New York Times. He brings unique insights from his roles on the Chicago Board of Election Commissioners and the American Bar Association's Advisory Commission on Election Law.

Brian McKenna Associate Professor with expertise in taxation and financial planning. Professor McKenna brings exceptional credentials including JD, MBA, CPA, CFA, and CFP, along with diverse professional experience as a Revenue Agent for the Internal Revenue Service, Senior Accountant in a major public accounting firm, and tax litigation attorney for a large railroad holding company. His nearly two decades in academia includes earning tenure at two universities.

Student Testimonials

"What the MBA does is give you a broader perspective. It helped me understand my potential once I got into the program. I wanted to be a leader-that's what led me to Governors State. Once I got into it, GSU forced me to think bigger and broader. At the time I was content being a middle manager or director. Now, I want to be a CEO or take over a Fortune 100 or 500 company."

• Adam Shorter III, MBA Graduate, 2004

"Many of the faculty were adjuncts and had real-world experience. They were able to bring what they were doing in the field into the classroom. I already had my MBA and experiences at firms like Jackson National Life and Northern Trust when I got to Governors State, but my time there really helped me to move forward. After graduation, AAM promoted me from Assistant Vice President to Vice President. I further advanced to Director of Investment Accounting in 2017."

• Stacy Crook, Accounting Graduate

Learn More

Learn more about the program

References

• Governors State University, "Master of Business Administration (MBA)," https://www.govst.edu/mba/
• Governors State University, "Program: Business Administration, M.B.A.," https://catalog.govst.edu/preview_program.php?catoid=10&poid=2377
• Governors State University, "Accounting - Career Options and Certifications," https://www.govst.edu/accounting-career/

Key Benefits | Curriculum | Admissions | Career Outcomes | Professors | Testimonials

University of South Carolina Upstate's online MBA with Accounting concentration delivers extraordinary value for your educational dollar, boasting an impressive ROI of 261% with in-state tuition at just $14,224. This AACSB-accredited program artfully blends budget-conscious education with premium quality, reflected in its intimate 12:1 student-faculty ratio that ensures personalized attention rarely found in larger institutions. USC Upstate has carved out a distinctive niche by offering varied delivery formats-online, hybrid, and evening classes-making advanced business credentials attainable for working professionals without compromising career momentum or financial stability.

Key Student Benefits

USC Upstate's accounting-focused MBA program equips students with comprehensive CPA exam readiness, meticulously aligning curriculum with certification requirements and providing specialized preparation resources that significantly enhance pass rates among graduates. The program's renowned faculty-student connection creates a high-touch mentorship environment where instructors work closely with each student's professional development, creating customized learning pathways based on career objectives and areas for growth-a level of personalized education typically reserved for programs costing twice as much. Students gain substantial hands-on experience through internship partnerships with leading accounting firms and manufacturing companies in the region, creating direct pathways to employment and ensuring graduates possess both theoretical knowledge and practical skills demanded by employers, evidenced by the program's strong placement record with local and national organizations.

Program Summary at a Glance

• Total Credits: 36 (estimated)
• Format: Online, hybrid, and evening classes available
• Student-Faculty Ratio: 12:1
• ROI: 261%
• Tuition: $14,224 (in-state)
• Completion Time: Flexible scheduling options
• Work Experience: Not required but considered in holistic review
• Accreditation: AACSB International
• Focus Areas: Accounting analytics, decision-making, business processes

Curriculum Overview

USC Upstate delivers an AACSB-accredited online MBA with accounting concentration featuring a comprehensive curriculum designed for maximum flexibility while maintaining rigorous academic standards. The program emphasizes personalized learning through intentionally small class sizes that foster meaningful interactions between faculty and students.

The program stands out through its integration of emerging accounting technologies and analytics into coursework, preparing graduates for increasingly data-driven accounting roles. Students benefit from experiential learning opportunities including internships with leading accounting and manufacturing firms, providing practical application of classroom concepts in real-world settings.

Accounting Concentration Courses

• Advanced Financial Accounting and Reporting: Explores complex accounting issues including consolidations, foreign currency transactions, and international reporting standards essential for global business environments
• Strategic Cost Management and Analysis: Covers sophisticated cost accounting methods for strategic decision-making, performance evaluation, and organizational planning
• Accounting Information Systems and Analytics: Examines the design and implementation of accounting systems with emphasis on data analytics, security controls, and emerging technologies
• Advanced Auditing and Assurance Services: Provides in-depth study of auditing standards, risk assessment methodologies, and fraud detection techniques critical for public accounting careers
• Contemporary Issues in Accounting: Addresses evolving topics in accounting including ethical considerations, regulatory changes, and emerging industry standards

Multiple program entry points throughout the academic year accommodate diverse professional schedules, with courses structured to allow completion at the student's preferred pace.

Admission Requirements

USC Upstate's MBA program employs a holistic admission approach that evaluates each candidate's academic preparation, professional experience, and potential for success. Applications are accepted on a rolling basis with multiple entry points throughout the academic year.

• Bachelor's degree from a regionally accredited institution
• Minimum 3.0 upper-level GPA in accounting/business courses (with no more than two C grades)
• Official transcripts from all previously attended institutions
• Personal statement outlining career goals and program interest
• Current resume or CV detailing work experience and accomplishments
• Two letters of recommendation from academic or professional references
• GMAT/GRE scores (waivers available for qualified applicants with demonstrated academic excellence or significant professional experience)
• Interview may be requested for selected candidates
• Additional requirements for international applicants (English proficiency scores, transcript evaluation)

Accreditation

The University of South Carolina Upstate's George Dean Johnson, Jr. College of Business and Economics, including its online MBA program with accounting concentration, is accredited by AACSB International-The Association to Advance Collegiate Schools of Business, placing it among the top 5% of business schools worldwide.

Career Outcomes

Financial Controller: Graduates excel in leadership roles managing organizational financial operations, overseeing accounting departments, implementing financial reporting systems, and providing strategic financial guidance to executive teams.

Audit Manager: Professionals who supervise audit engagements, ensure compliance with accounting standards and regulations, identify financial risks, and recommend process improvements to strengthen organizational controls.

Tax Specialist: Experts who develop and execute tax strategies for businesses and individuals, ensure regulatory compliance, identify tax-saving opportunities, and manage complex tax planning initiatives.

Business Analyst: Strategic advisors who analyze financial data to support decision-making, develop financial models, identify business opportunities, and recommend process improvements for enhanced operational efficiency.

Accounting Information Systems Manager: Leaders who oversee the implementation and management of accounting technology solutions, ensuring data integrity, system security, and efficient financial reporting processes.

Graduates emerge with exceptional proficiency in accounting analytics and technology integration, demonstrating the ability to translate complex financial data into strategic business insights. The program's emphasis on practical application prepares alumni to navigate evolving regulatory environments with confidence and ethical decision-making capabilities. USC Upstate's strong regional connections facilitate direct placement opportunities with leading employers, with graduates securing positions at regional accounting firms, Fortune 500 companies, and government agencies.

Notable Professors

USC Upstate's accounting faculty combines impressive academic credentials with extensive industry experience, providing students with both theoretical knowledge and practical insights that enhance career readiness and professional development.

Dr. Mohamed Djerdjouri - Dean, Johnson College of Business and Economics An accomplished scholar and administrator with expertise in operations research and management science. Dr. Djerdjouri brings international academic leadership experience to USC Upstate, having previously served as dean of the School of Business and Economics at the State University of New York at Plattsburgh.

Dr. Michael Dinger - Associate Professor of Management A respected researcher and educator specializing in information security, IT workforce management, and business analytics. Dr. Dinger's research has been published in prestigious journals including MIS Quarterly, Information Systems Research, and the Journal of Management Information Systems.

Dr. Elizabeth Cole - Associate Professor of Accounting An experienced educator with specialized expertise in financial accounting, taxation, and accounting information systems. Dr. Cole maintains active CPA credentials and brings valuable practical insights from her previous work with major accounting firms, enriching classroom discussions with real-world applications.

Student Testimonials

"The accounting-focused MBA at USC Upstate transformed my career trajectory by combining affordable tuition with exceptional quality. The small class sizes allowed me to develop strong relationships with professors who became mentors and advocates in my professional journey. Within three months of graduation, I secured a senior accounting position that increased my salary by 35%."

• James R., Class of 2024

"As a working professional, USC Upstate's flexible online format was crucial to my success. The accounting concentration provided specialized knowledge that immediately applied to my daily work, while the program's emphasis on analytics prepared me for the increasingly data-driven nature of the accounting profession. The ROI on this degree has been extraordinary both financially and professionally."

• Maria L., Class of 2023

Learn More

Learn more about USC Upstate's George Dean Johnson, Jr. College of Business and Economics

References

George Dean Johnson, Jr. College of Business and Economics | USC Upstate https://uscupstate.edu/academics/george-dean-johnson-jr-college-of-business-and-economics/

Accounting (B.S.) - USC Upstate https://uscupstate.edu/programs/accounting/

Upstate Online | USC Upstate https://uscupstate.edu/academics/upstate-online/