Your Guidebook to Masters in Accounting'2025!
Introduction
Say, you are running a company. A company has to deal with lots of data and work with clients. Depending on your business, you will need to record, process, clean, and summarize your data. The person involved must report financial transactions to oversight agencies, regulators and the IRS.
Sounds Interesting?
This is what Accounting is all about. Accountants are responsible for keeping financial records, balancing accounts, and processing information of entities, corporations, and businesses. If this career path excites you, hop in for today's blog!
Who should consider a Masters in Accounting?
If you are interested in handling finances for big-shot companies, working with corporations like JP Morgan or Goldman Sachs, a master's in accounting is worth the investment.
A Masters in Accounting is a postgraduate degree designed to deepen your understanding of accounting principles, tax regulations, and auditing standards. It typically takes 1-2 years to complete, depending on the program structure and whether it's full-time or part-time.
To study Masters in Accounting in top universities, you need the following documents:
- Eligibility qualifications: An undergraduate degree preferably in Accounting or a relative quantitative subject like commerce, computing, business studies, economics, engineering and finance. Keep your transcripts of grades ready to submit in the application.
- GRE/GMAT: Some universities prefer a GRE or GMAT score to evaluate your quantitative and verbal aptitude and competence to pursue the masters. Though, it is not a necessity for all.
- CV: A well-structured CV is vital to showcase your skills and talents and make you a potential candidate.
- Statement of Purpose: A well-crafted SOP or Cover Letter can be a potential document to showcase your achievements and leadership skills. You can use it to portray your accomplishments even beyond academics. For more help in crafting the scholarship-winning essays and motivation letters, click here.
- Letters of Recommendation is another document of testimonials where your professors or supervisors highlight your potential and strength and the diligence you show to your work. You must contact a few academic and professional supervisors beforehand who can provide such documents when asked by the admissions office.
- English proficiency exams like IELTS/ TOEFL are important for candidates from non-English speaking countries.
Some universities ask for other documents as well like a letter of intent or research proposals which are university specific. Be well prepared with all documents when you start your application.
The Future of Accounting Masters
The accounting profession is undergoing a significant transformation in 2024, driven by automation, data analytics, and a growing emphasis on strategic decision-making. While a bachelor's degree remains the baseline qualification for most accounting jobs, a Master's in Accounting can equip you with the advanced skills and knowledge to thrive in this evolving landscape beyond 2024.
1 Core Curriculum: Typically a masters in accounting encompasses fundamentals of analytics and financial understanding. Below is the list of courses universities generally follow for a master's in accounting degree. The nomenclature and number of subjects may vary but they are typically:
- Tax
- Auditing
- Advanced Accounting
- Business Communications
- Analytics
- Accounting Ethics
- Financial Accounting
- Forensic Accounting
- Information Systems
- Data Analytics for Accountants
- Finance
- Management Accounting
- Financial; Reporting
- Curriculum skills
2. Electives or specializations are university-specific. For example, LSE provides a range of electives related to topics like financial disclosure, investor relations, mergers and acquisitions,management accounting, etc. Whereas technical courses like Advanced excel, VBA and Power BI are offered by HEC Paris. The courses vary from university to university.
3. Internships - Several universities design their curriculum in a way which allows students to do an internship to gain industry experience.
Skills
Here is the list of skills you are taught to master by the end of your master's in accounting program,
- Advanced Financial Accounting
- Tax Accounting
- Auditing
- Assurance
- Data Analytics
- Cost Accounting
- Management Accounting
- Effective communication
- Professional Judgement and Ethics
- Forensic Accounting
- International Accounting
- Accounting Technology and Automation
And many more. Please keep in mind that this list is non-exhaustive and skills depend on specializations or additional tracks as well.
What are the typical jobs after MiM?
- Financial Analysis
- Strategy & Consulting
- Private Equity (PE) Analysis
- Digital Marketing
- Project Management
- Business Development
- Operations and Supply Chain
- Impact Investing
- Business Analytics
- Financial Controlling
- Product Management
Top schools to study Masters in Accounting
With the burst of technological advancements and businesses collecting a huge amount of data, business entities are hiring people equipped with the necessary skills to audit and understand financial records. These skill sets have an array of future jobs discussed later in the blog. Here we have curated a list of the best masters in accounting programs you could apply to this 2024.
UNIVERSITY | COURSE NAME | LOCATION | DURATION |
London School of Economics | Master of Science In Accounting and Finance | London, UK | 9 months |
New York University | Master of Science in Accounting | Stern NY, USA | 1 year |
Columbia University | Master of Science in Accounting & Fundamental Analysis | New York, USA | 12-18 months |
National University of Singapore | Master of Science in Accounting | Kent Ridge, Singapore | 12 months |
University of Toronto | Master of Accounting and Finance | Scarborough, Canada | 16 months |
Bocconi University | Master of Science in Accounting, Financial Management and Control | Milan, Italy | 2 years |
HEC Paris | Master in Accounting, Finance, and Management | Jouy-en-Josas, France | 2 years |
Imperial College London | Master of Science in Finance and Accounting | London, UK | 1 year |
UNSW | Master of Professional Accounting | Sydney, Australia | 1.7 years |
University of Manchester | Masters in Accounting | Manchester, UK | 1 year |
Alternatives
Due to the current interdisciplinary nature of the market there are several masters programs in accounting and another related specialization of taxation, financial economics, finance,etc. These courses may help you stand out from the crowd and make you a better candidate for future job openings. Here is a list of courses you can consider alternatively to your Masters in Accounting.
UNIVERSITY | COURSE NAME | LOCATION | DURATION |
Nanyang Technological University (NTU) | Master of Science in Accountancy | Nanyang Avenue, Singapore | 1 year |
University of Oxford | Master of Science in Financial Economics | Oxford, UK | 9 months |
University of Oxford | Master of Science in Taxation | Oxford, UK | 2 years (part-time) |
London School of Economics (LSE) | MSc Accounting, Organizations and Institutions | London, UK | 10 months |
Accounting careers after masters
A top-tier accounting degree will lead to these job roles once you graduate in 2024
- Corporate Controller
- Financial Controller
- Accounting manager
- Financial Analyst
- Auditor
- Tax accountant
- Finance Manager
- Management Consultant
- Economist
- Data Analyst
Recently cyber financial fraud has increased at an alarming rate. A master's in accounting and finance can help you hone the skills to investigate financial fraud, misconduct, and irregularities. This is another lucrative career option post a masters in accounting degree in 2024..
Is a master's in Accounting worth it?
According to the US Bureau of Labour Statistics, Accountants are paid a median salary of $79,880 annually with an outlook of 4% increase. So it is evident how crucial accountants are for a company and the generous salary marking the prospects. So yes, a master's in accounting is worth it.
Not to forget, the worth of it also depends on your fondness for this subject.
If you enjoy analyzing financial transactions and helping companies make profitable business or if you like playing with numbers and have the aptitude to help the business run smoothly, then a master's in accounting is worth the investment for you.
The search for your perfect Masters in accounting program might be quite daunting and we can relate. We at EdYOU Abroad have helped countless students get their dream university admits and you can be next. Click here and let's write your next scholarship-winning story today!
Success Stories
Krutika
Admits from EDHEC Business School
Bijal was instrumental in structuring my application to demonstrate my work. She provided me with timely feedback and guidance. Being an MiM student herself, she shared her personal experience at every stage which helped me to have a better understanding of the process and get into the school of my choice.
Santanu Kumar Pal
Admits from EDHEC Business School
I highly recommend Bijal Gandhi, the founder of EdYou Abroad, a Higher Education Consultancy Company, for her exceptional services in guiding students through the master’s application process. Bijal’s expertise in personalized assistance, value for money, and honest, unbiased advice sets her apart. Her commitment extends beyond admission, as she continues to provide valuable guidance even after acceptance. With Bijal’s assistance, I successfully gained admission to EDHEC Business School, a top-tier institution. I am grateful for her professionalism and dedication, and I confidently endorse EdYou Abroad’s consultancy services for anyone pursuing higher education opportunities.
Urmi Panchamia
Admits from University of Toronto
EdYou with the super experienced counsellors, have ALL the answers to your Study Abroad Journey. So Helpful, couldn’t have imagined anyone else giving me the kind of insight and expertise for my applications. The guidance with Cv Building, Portfolio and SOP has increased my chances of getting into top colleges. Would recommend every student to plan their future abroad with EdYou.
Simran Jariwala
Admits from Stevens Institute of Technology
Even though I had no tech background, Bijal’s help got me into good business and data analytics programs that too with scholarships. Thank you so much for believing in me!
Sreekanth Reddy Annareddy
Admits from EDHEC, SKEMA
I highly recommend Bijal as a study abroad consultant. What really set her apart was how personalized the entire service was. She didn’t just give generic advice but took the time to understand my goals, preferences, and concerns. From suggesting the right universities to helping me refine my application, every step felt tailored to my needs.
What truly stood out was the genuine support she provided. Bijal was always there to answer my questions and give advice that felt both thoughtful and sincere. It wasn’t just about getting me into a program, she genuinely cared about my journey and well-being throughout the process. Her attention to detail and constant encouragement made a huge difference, and I felt confident every step of the way.
If you’re looking for a consultant who offers a genuine support throughout your study about journey, Bijal is the one you want by your side.
Aditya Shetty
Admits from SKEMA Business School
I am delighted to write this recommendation for Bijal, whose exceptional guidance played a pivotal role in my admission to the Master in Management program at Skema Business School, Paris.
Bijal’s expertise as a counsellor goes beyond just offering advice; she takes the time to understand her students’ aspirations, strengths, and challenges. Her ability to provide personalized strategies and insights helped me build a compelling application that truly reflected my skills and potential.
Throughout the process, Bijal was not only a mentor but also a source of constant encouragement. Her meticulous attention to detail ensured my essays, resume, and other materials met the highest standards. She also provided invaluable support in preparing me for interviews, equipping me with the confidence and clarity needed to succeed.
I wholeheartedly recommend Bijal to anyone seeking expert guidance for their academic or professional journey. Her skills, experience, and passion for helping others achieve their goals make her an asset to anyone fortunate enough to work with her.
Ananya Shenoy
Admits from Georgetown University
Bijal played a pivotal role in helping me structure my application to highlight my work and achievements effectively. Her feedback was always timely, insightful, and tailored to my goals. Her guidance was instrumental throughout the process and played a key part in helping me gain admission to the school of my choice. Thankyou!
Sivaraam K
Admits from ESADE, EDHEC, FSFM
I am incredibly grateful to Bijal for the invaluable support and guidance she provided throughout my academic journey. At a time when I felt uncertain and doubted the strength of my profile, Bijal’s insightful understanding and personalized approach completely transformed my perspective. She helped me streamline my entire application process and gave me clarity on choosing the right university—one that I genuinely had a chance at—and even helped improve my acceptance chances significantly.
What truly stood out was her dedication to my essay drafting challenges. Bijal treated it with such care and importance that it felt extraordinary, and I am deeply thankful for that. Even after receiving an early admission offer, she encouraged me to hold on and explore other options, knowing my profile was strong enough for a better fit. Thanks to her mentorship, care, and up-to-date knowledge of universities worldwide, I ultimately secured a place at a top 20 global university for my business master’s program—something no other consultancy would have advised.
Bijal made me realize the potential in my profile when I couldn’t see it myself. I wholeheartedly recommend her for anyone seeking deep, thoughtful analysis for university selection, academic research, or professional guidance. She is not only growing in her expertise but also helping others grow alongside her.
Anshul Pokharna
Admits from EDHEC, BITSOM
I worked with Bijal Gandhi during my MBA application process, and I’m genuinely glad I did. When I first started, I was focused on going abroad. But after a few discussions with my parents, I began exploring Indian options too — that’s where Bijal really stepped in.
She never gave templated advice. Instead, she helped me think through both options carefully — understanding my profile, career goals, and what I really wanted from an MBA. Her approach was balanced, honest, and very thoughtful.
One thing I truly appreciated was how seriously she took BITSoM. A lot of people would have dismissed it just because it’s a new school, but she did her homework. She looked into the faculty, curriculum, industry connects, and overall potential. Her analysis gave me the confidence to apply — and eventually accept the offer.
If you’re looking for someone who’ll truly guide you — not just help you apply — Bijal is someone you can trust.
Bhavana Manikonda
Admits from UCL
am super happy to recommend Bijal! She was an amazing mentor who guided me through a big career change from medicine to management. I got into UCL, which top 9 in the world…I was clueless about what course to choose, which university to choose , but Bijal’s guidance and support were spot on. She’s super friendly, and always available to help.Bijal not only provided me with valuable insights and advice but also ensured that I was well-prepared for every step of the process. She was consistently available to answer my questions and offer support, and her enthusiasm and passion for her work are contagious.
I can surely say that no one understands what course you need and university you pick,beacuse I have seen friends struggle taking universities and courses recommended by consultants as they get money through tieups she really never compromised and I really love this about her.
What struck me most about Bijal was her commitment to delivering on her promises. She did everything she mentioned . I had a smooth and successful experience. Her guidance and mentorship were invaluable, and I feel incredibly lucky to have had the opportunity to work with her. Bijal made the whole process smooth and stress-free. If you need guidance on your abroad journey bijal is the best!!!
Mrunal Hulke
Admits from ESSEC Business School
I’m incredibly grateful to Bijal for her unwavering support throughout my study abroad application journey. From our first conversation, she took the time to truly understand my background, strengths, and aspirations, and helped me express my story in a way that felt both authentic and compelling. Her feedback on my applications to HEC Paris and ESSEC Business School was always clear, actionable, and encouraging, which made the whole process feel much less daunting. Bijal also guided me through my interview prep, helping me find my voice and present myself with confidence. Thanks to her mentorship, I was thrilled to receive initial shortlists from both schools. I wholeheartedly recommend Bijal to anyone pursuing their dream of studying abroad, her guidance and genuine care truly make all the difference.
Cesar Souza
Admits from London Business School
I’m deeply grateful to everyone who supported me throughout this journey, and especially to Bijal Gandhi from EdYou Abroad, who played a key role in making this achievement possible. Their support went far beyond strategic guidance. They helped me structure my story, highlight my experiences, and build a coherent and authentic application. I couldn’t have done it without them.