Masters Degrees in Accounting in North Carolina

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Updated January 5, 2023

Looking for a Master's Degree in Accounting in North Carolina? You should consider these top-tier graduate programs and jobs in the Accounting field.

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Master's Degrees in Accounting in North Carolina

Earning a Master's Degree in Accounting in North Carolina

You can improve your career prospects with the best degrees in North Carolina for accounting. Master's degree-seekers can qualify for a diverse array of advanced positions in the accounting workforce.

With a master's degree, individuals earn about $1,570 per week on average. This translates to about $6,300 per month and approximately $81,850 each year.

Accounting Master's Programs for You

Working and Living in North Carolina in the Accounting Profession

Accounting degrees can lead to career opportunities across multiple industries, so if you enjoy working with numbers, an accounting degree may align with your interests and skills.

According to the U.S. Bureau of Labor Statistics (BLS), the median annual salary for all occupations in North Carolina is $38,370, or $18.45 per hour, an average calculated from the 4,422,020 employees in North Carolina. The BLS reports the lowest 10% of earners in the state make $22,360 each year on average, while the highest 10% of earners make an average of $99,300. The following illustrates salary data for accountants and auditors in North Carolina:

Key

Accountants and Auditors in North Carolina
Accountants and Auditors Nationally
All Occupations in North Carolina
All Occupations Nationally

Salaries for Accountants and Auditors in North Carolina and Nationwide

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Source: Bureau of Labor Statistics
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In terms of cost of living, North Carolina ranks 23rd out of 51 states (including Washington, D.C.). Cost of living indices compare specific states to a national average cost of living: The nationwide score is 100, and all locations in the U.S. are either higher (more expensive) or lower (less expensive). In North Carolina, the cost of living index currently stands at 95 — 5% lower than the national average. This table compares the North Carolina average cost of groceries, housing, utilities, and other factors to the national average.

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Source: Missouri Research and Information Center
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Accountant and auditor jobs are projected to grow by 6.9% from 2020 to 2030. The BLS projects an increase from 1,392,200 jobs in 2020 to 1,488,200 in 2030. Holding a master's degree typically qualifies graduates for these careers. Typical job titles include:

Master's Degrees in Accounting in North Carolina

#1 Masters Degrees in Accounting in North Carolina

University of North Carolina at Chapel Hill

  • Chapel Hill, NC
  • 4 years
  • Online + Campus

The University of North Carolina at Chapel Hill offers a flexible online master's in accounting. The master of accounting program encourages career training throughout its curriculum, preparing graduates for leadership positions. Earning a master's degree can help candidates advance in their current career or pursue a new career path entirely.

The master's curriculum examines theoretical and practical perspectives on accounting. Learners often choose a specialized concentration, which can help them stand out in a competitive job market. The master's program recommends a background in accounting or a related field when applying.

Online enrollees coordinate with the program to complete internships at approved sites in their local area. On-campus students benefit from the library and gym facilities provided by many institutions. The program encourages professional development activities, including networking events, so graduate students can expand their professional connections.

University of North Carolina at Chapel Hill at a Glance:

Type of School: Public, four-year

Admission Rate: 23%

Total Online Master's Programs: 14

Program Name: Master of accounting

Graduate Tuition In State: $10,552

Graduate Tuition Out of State: $28,278

Average Tuition
In-state
$7,019
Out-of-state
$34,198
Retention Rate
95%
Admission Rate
25%
Students Enrolled
30,092
Institution Type
Public
Percent Online Enrollment
91% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#2 Masters Degrees in Accounting in North Carolina

Wake Forest University

  • Winston-Salem, NC
  • 4 years
  • Online + Campus

Wake Forest University, located in Winston-Salem, offers a flexible online master's in accounting. The master of science in accountancy program emphasizes industry-relevant knowledge and skills, preparing graduates for decision-making responsibilities. Earning a master's degree helps candidates move into a new career path or advance in their current field.

The master's curriculum examines advanced theories and practices in accounting. Learners prepare for the job market by choosing a specialty through electives. The master's program builds on undergraduate training or professional experience in accounting.

Online enrollees complete internship requirements at approved sites in their own community. On-campus students benefit from the library and gym facilities provided by many institutions. The program encourages graduate students to participate in hands-on experiences and networking events to grow their professional connections.

Wake Forest University at a Glance:

Type of School: Private, nonprofit, four-year

Admission Rate: 30%

Total Online Master's Programs: 4

Program Name: Master of science in accountancy

Graduate Tuition In State: $38,650

Graduate Tuition Out of State: $38,650

Average Tuition
In-state
$56,722
Out-of-state
$56,722
Retention Rate
95%
Admission Rate
32%
Students Enrolled
8,789
Institution Type
Private
Percent Online Enrollment
86% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#3 Masters Degrees in Accounting in North Carolina

North Carolina State University

  • Raleigh, NC
  • 4 years
  • Online + Campus

The master's in accounting degree at North Carolina State University, located in Raleigh, uses a flexible distance learning format. Graduates prepare for advanced roles in the field during the rigorous master of accounting program. After completing a master's degree, candidates pursue career advancement in their current field or a new one.

The master's curriculum examines theoretical and practical perspectives on accounting. Learners choose electives or a specialization to stand out in a competitive job market. The program recommends that applicants bring a background in accounting or a related field.

Online enrollees complement the classroom experience with internship opportunities in their local area. On-campus students benefit from the library and gym facilities provided by many institutions. Graduate students also participate in networking events to expand their professional connections.

North Carolina State University at a Glance:

Type of School: Public, four-year

Admission Rate: 45%

Total Online Master's Programs: 38

Program Name: Master of accounting

Graduate Tuition In State: $9,095

Graduate Tuition Out of State: $26,421

Average Tuition
In-state
$6,535
Out-of-state
$26,654
Retention Rate
94%
Admission Rate
46%
Students Enrolled
36,042
Institution Type
Public
Percent Online Enrollment
91% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#4 Masters Degrees in Accounting in North Carolina

University of North Carolina Wilmington

  • Wilmington, NC
  • 4 years
  • Online + Campus

The online master's in accounting program, offered by the University of North Carolina Wilmington, ranks as a top program. Graduates train for leadership roles in the field while earning their degree from the master of science in accountancy program. A master's degree can also train candidates for roles in new industries.

The master's curriculum examines advanced theories and practices in accounting. Learners prepare for focused career paths by choosing electives and concentrations. The program encourages applicants to gain experience in accounting before applying to the program.

Online enrollees coordinate with the program to complete internships at approved sites in their local area. Those who attend on campus can enjoy the common amenities and facilities available at most institutions, such as the library and gym. Internships and other practicum activities build both hands-on experience and professional connections.

University of North Carolina Wilmington at a Glance:

Type of School: Public, four-year

Admission Rate: 65%

Total Online Master's Programs: 16

Program Name: Master of science in accountancy

Graduate Tuition In State: $4,719

Graduate Tuition Out of State: $18,548

Average Tuition
In-state
$4,443
Out-of-state
$18,508
Retention Rate
84%
Admission Rate
68%
Students Enrolled
17,915
Institution Type
Public
Percent Online Enrollment
95% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#5 Masters Degrees in Accounting in North Carolina

East Carolina University

  • Greenville, NC
  • 4 years
  • Online + Campus

Graduate students seeking an online accounting degree can enroll in the master's program at East Carolina University, located in Greenville. The master of science in accounting program strengthens specialized skills, preparing graduates for leadership roles with a higher earning potential. After completing a master's degree, candidates advance in their current field or pursue new opportunities.

The master's curriculum emphasizes theory and practice in accounting. Learners individualize the course of study by selecting electives and concentrations. The program encourages applicants to gain experience in accounting before applying to the program.

Online enrollees can often complete professional internships at approved locations in their own community. On-campus students benefit from the library and gym facilities provided by many institutions. Internships and other practicum activities also provide professional networking opportunities.

East Carolina University at a Glance:

Type of School: Public, four-year

Admission Rate: 79%

Total Online Master's Programs: 41

Program Name: Master of science in accounting

Graduate Tuition In State: $4,749

Graduate Tuition Out of State: $17,898

Average Tuition
In-state
$4,452
Out-of-state
$20,729
Retention Rate
83%
Admission Rate
88%
Students Enrolled
28,798
Institution Type
Public
Percent Online Enrollment
93% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

Financing a Master's Degree in Accounting

Financial aid can assist you as you pay for your education. Scholarships and fellowships help learners lower the cost of a degree. Students may also be eligible for federal and private student loans. Research prospective schools' financial aid offerings to discover available options.

Checklist for Maximizing Your Financial Aid:

Average Cost of Attending College in North Carolina

The cost of attending college in North Carolina varies by institution. Though similar, there are key differences between public and private schools. The information below will assist you in determining whether attending a public institution is the right choice for you or not.

Public 4-Year School Tuition Rates: North Carolina vs. National Average

Key

North Carolina
National Average

Chart

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The chart has 1 X axis displaying salary types.
The chart has 1 Y axis displaying annual salaries in USD.
Source: National Center for Education Statistics
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Considering attending a private college or university? Generally, private schools charge higher tuition rates. Here is a graph that illustrates the number of North Carolina residents attending private colleges.

Private 4-Year School Tuition Rates: North Carolina vs. National Average

Key

North Carolina
National Average

Chart

Bar chart with 5 bars.
The chart has 1 X axis displaying salary types.
The chart has 1 Y axis displaying annual salaries in USD.
Source: National Center for Education Statistics
End of interactive chart.

Federal Student Loan Information

To pay for school, should you borrow student loans? When considering a loan, there are a few things to keep in mind:

Find out what students typically borrow by reviewing the data below.

Undergraduate Federal Loans
Demographic Percent who borrowed Amount borrowed
Total 66.6% $27,400
Female 69.6% $28,100
Male 62.5% $26,500
White, not Hispanic or Latino 66.1% $26,700
Black, not Hispanic or Latino 85.7% $34,800
Hispanic or Latino/a, of any race 67.7% $25,700
Asian, not Hispanic or Latino 43% $22,700
Other or Two or more races, not Hispanic or Latino 70.4% $28,300
Source: NCES

Online vs. On-Campus

Pros and Cons: Online Degrees

Pros

  • Cheaper tuition
  • Flexible, asynchronous classwork
  • No on-campus fees for parking, tech, etc.

Cons

  • Less structure
  • Minimal peer-to-peer interaction
  • Less facetime with professor
  • No access to on-campus amenities

Pros and Cons: On-Campus Degrees

Pros

  • Gym, library, etc. access
  • Smaller class options
  • Face time with peers and professors

Cons

  • More expensive
  • Transportation or housing costs
  • Rigid scheduling
Tuition and average class size are among the main differences between online and on-campus degrees. Online programs offer many advantages, including flexibility, affordability, and convenience. Typically, on-campus degrees are more expensive because of student fees, which are often optional for distance learners. Attending courses in person does, however, have a number of benefits, including the structured classroom environment.

Top Accounting Degree Options Available by State
State Degree Level
California Associate, Bachelors, Masters, Doctorate
Florida Associate, Bachelors, Masters
Georgia Associate, Bachelors, Masters, Doctorate
Illinois Associate, Bachelors, Masters, Doctorate
New York Associate, Bachelors, Masters, Doctorate
North Carolina Associate, Bachelors
Pennsylvania Associate, Bachelors, Masters, Doctorate
Texas Associate, Bachelors, Masters, Doctorate
Virginia Associate, Bachelors, Masters, Doctorate
Washington Associate, Bachelors, Masters

Private vs. Public

Private colleges and public colleges differ in several ways. The cost of education at public and private schools varies. In public institutions, enrollees are often eligible for state grants and scholarships. Private schools typically offer merit scholarships to students who demonstrate academic achievement.

Private institutions often boast smaller class sizes, allowing learners to connect with their professors and learn more about the possibilities of their chosen field. In this article, we analyze some of the pros and cons of attending a private institution versus a public one.

Pros and Cons

Private

  • Unique program offerings
  • Cultural or religious options
  • Local prestige
  • Higher costs
  • Less regulatory oversight

Public

  • Government-issued tuition costs
  • Government funding, benefits, and regulation
  • Oftentimes large classrooms

Frequently Asked Questions

What are the salaries of accountants and auditors in the state of North Carolina?

In North Carolina, the mean annual salary for accountants and auditors is $84,960 per year.

Are accounting majors in a high-demand field?

The total number of accountants and auditors is projected to grow by 6.9% from 2020 to 2030, signaling continued demand for these professionals.

Can I earn a master's in accounting online?

It is possible to earn an online master's degree in accounting. Most schools offer at least some online courses.

How long does it take for you to complete a master's degree?

Full-time enrollees usually complete master's degree programs in two years. This completion time varies by student.

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