MBA in Accounting or a Online MBA Accounting
All businesses no matter what size must keep accurate records in order to preserve their financial stability and to be able to make informed decisions about their future growth. MBA in accounting finance specialists understand that in order to move forward and compete in today's global economy a company must maintain a detailed financial history. The financial manager of an organization is generally responsible for the management of all monies as well as for the company's financial strategy. Accounting Managers focus mainly on the reporting end of a company's financial status. Because of such a wide range of opportunities and responsibilities an MBA in accounting is still the number one choice for prospective MBA students.
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Whether one chooses to study on a traditional college campus or through an online MBA accounting program, the majority of graduates will secure positions with investment banks, securities firms, and large international corporations or often times in the field of consulting.
General job descriptions for the most common positions for those pursuing an Online MBA accounting finance degree are as follows:
- Chief Financial Officer - Duties of a CFO will differ slightly depending on the size of a company, those in smaller firms are generally responsible for all duties pertaining to the organization's financial management. In larger corporations the CFO will generally oversee all financial matters and is able to delegate specific responsibilities to management teams or vice presidents.
- Accounting Manager - The main responsibilities of accounting managers within a corporation fall to matters dealing with income statements in audit groups as well as tax management and reporting. Accounting managers can also perform duties comparable to those of tax consultants or independent audit professionals. Many go on to receive their CPA (Certified Public Accountant) certification.
- Financial Analyst - A financial analyst generally oversees reports and analysis of a company's financial status in order to acquire information needed to make decisions in respect to the company's strategic planning and business development. A corporation depends on the advice of financial analysts for continued growth and positive investment opportunities.
- Corporate Controller - Corporate controllers work largely with a company's income statements, earning and expense analyses and balance sheets in order to put in order financial reports and to forecast the financial status of a company. They also prepare any reports that are required to be submitted by various regulatory agencies.
- Management Consultant - Companies turn to consultants for help on issues such as restructuring, profitability, financial strategies, etc. Management consultants must be well versed in a wide variety of corporate issues and will ultimately possess expertise in several specialty areas.
Being accepted into one of the top Online MBA accounting finance degree programs will certainly increase a student's chances for landing the best internship programs as well as job offers by the most sought after companies.
Some of the top business schools in Canada and the United States are:
Top Canadian Schools
- Athabasca University - MBA for Certified General Accountants and MBA for Certified Management Accountants.
- Brock University - International Master of Accountancy and Master of Accountancy. Brock University also offers an OC-IMAcc (Off-Campus International Master of Accountancy at Shanghai University in China which is taught by professors from Brock University.
- Concordia University - MBA in Investment Management
- McGill University - Graduate Diploma in Public Accountancy (CA)
- Saint Mary's University - MBA-CMA (Accounting) provides a joint Masters of Business Administration and Certified Management Accountant Degree.
- Simon Fraser University - Master of Financial Risk Management and MBA in Global Asset and Wealth Management.
- University of Toronto - Master of Finance Degree, Master of Financial Economics, Master of Management and Professional Accounting
- York University - Joint MBA/MFA degree, joint MBA/MA degree.
