Online Accounting Degree: Benefits, Programs, and Career Opportunities in 2025

Imagine an Indian mother managing her family’s budget—tracking income, expenses, and ensuring savings. This is similar to accounting, where professionals manage and organize money, balancing income and expenses for businesses.

Effective financial management is crucial for businesses, and skilled accountants are in high demand. According to the U.S. Bureau of Labor Statistics, the demand for accountants is expected to grow by 6% from 2023 to 2033, highlighting the increasing need for skilled professionals. If you’re considering a career in accounting, an online accounting degree could be the perfect way to get started.

This blog will explore various online accounting degree programs and the potential job opportunities in this field. Let’s dive in!

What is an Online Accounting Degree? Benefits and Types 

An online accounting degree is a program offered by colleges and universities that allows you to earn a degree in accounting through digital platforms without having to attend classes on campus.

Here’s how an online accounting degree differs from a traditional accounting program.

Curious about how an online accounting degree can benefit you? Let’s explore the key advantages in the next section.

What are the Benefits of Getting an Online Accounting Degree?

Online accounting degrees offer benefits like flexible schedules, lower costs, and accessibility from any part of the world. 

Here are the benefits of online accounting degree programs.

• Flexibility

Complete the course at your own pace and schedule, allowing you to balance studies with work or personal commitments. For example, you can study evenings or weekends while working full-time. 

• Cost-Effective

Online accounting degrees are more affordable than traditional in-person programs. You can save money on housing, commuting, and sometimes even tuition fees.

• Technological Proficiency

Studying for an online accounting degree improves technological skills. The experience of online studying also improves digital literacy and adaptability to different digital tools like MS Excel.

• Diverse Course Selection

Online programs offer a wider choice of elective courses and specializations. You can select topics, such as forensic accounting or international business, to gain specialized knowledge.

• Career Clarity

The online accounting degree curriculum often includes practical case studies and real-world examples. It will help you get a clearer picture of different accounting fields, such as auditing, taxation, or financial analysis.

• Transferable Skills

Online accounting degrees help you develop important transferable skills such as self-discipline, time management, and interpersonal communication.

Want to enhance your professional relationships with your team members? Join the free course on Mastering the Art of Effective Communication.

After discussing the benefits of an online accounting degree, let's now explore the different types of accounting programs.

Types of Online Accounting Degree Programs?

An online accounting degree program allows you to specialize in sub-fields like taxation, auditing, financial reporting, or cost accounting. 

The following table lists different types of online accounting degree programs.

Also Read: Corporate Tax: What is it & How It Works?

Now that you’ve got a brief overview of online accounting degree programs, let's now explore the various such programs available in India.

Top-Ranked Online Accounting Degree Programs in India

Online accounting degree programs are designed to provide a detailed education in accounting principles and practices. If you wish to build a career in accounting while benefiting from the flexibility of online learning, these courses will be ideal.

Here’s a list of top online accounting degree and certification programs in India.

Also Read: Purpose of Financial Accounting: Function, Importance, Principles 

If you’re curious to know more about the eligibility requirements, subjects covered, and top recognized courses and certifications in online accounting degree programs, check the following sections.

Eligibility Requirements for Online Accounting Degrees

To join an online accounting degree program, you’ll have to fulfill educational requirements as well as additional requirements like entrance exam qualification.

Here are the eligibility requirements for online accounting degree programs.

• Educational

You must have completed higher secondary education (10+2) or its equivalent from a recognized board. For postgraduate degrees in accounting, a bachelor's degree in any discipline is a must.

• Entrance Exams

Some universities may mandate you to pass an entrance exam or a personal interview. This criterion may depend on the program's competitiveness and level (undergraduate or postgraduate). For example, GATE.

• Membership

Certain online accounting programs may require you to be a member of specific professional bodies like the Association of Chartered Certified Accountants (ACCA) or the Institute of Chartered Accountants of India (ICAI).

What You'll Learn: Curriculum and Coursework in Online Accounting Degree

Online accounting degree programs require you to study a broad range of subjects that are essential for understanding the field of accounting. These subjects will prepare you for a career in accounting.

Here are the different subjects you’ll study.

• Financial Accounting

This subject’s focus is on the principles and practices of preparing financial statements such as balance sheets and income statements.

• Tax Accounting

You’ll have to study the preparation of tax returns, tax planning strategies, and understanding of various taxation systems.

• Auditing

The auditing subject teaches you how the accuracy and compliance of financial statements and records have to be assessed.

• Ethics

The subject will focus on the ethical considerations and standards that accountants must follow to maintain integrity in their work.

• Technology in Accounting

The purpose of this subject is to introduce you to the role of technology, including accounting software and systems, in streamlining financial processes and reporting.

• Business Law

It will cover the legal aspects of business operations, including contracts, intellectual property law, and corporate law.

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Top Recognized Certifications and Courses

Certifications and courses in accounting will strengthen your understanding of key concepts like taxation and auditing while also boosting your career opportunities in the field.

Here are the top recognized certifications and courses in online accounting degree programs in India.

1. Chartered Accountancy (CA)

CA certificate is awarded by the Institute of Chartered Accountants of India (ICAI). This certificate prepares you for a wide range of accounting roles, including auditing, taxation, and financial management.

Skills Gained:

• In-depth knowledge of accounting principles and standards
• Expertise in taxation and auditing
• Financial management and reporting skills
• Strong legal and ethical understanding of business practices

Also Read: Average Chartered Accountant (CA) Salary in India: Eligibility, Job Roles, Salary & more

2. Certified Public Accountant

The CPA is a globally recognized qualification offered by the American Institute of CPAs (AICPA). It is a suitable option if you want to work in accounting or auditing in the U.S. or internationally.

Skills Gained:

• Comprehensive understanding of US GAAP (Generally Accepted Accounting Principles)
• Advanced knowledge of tax laws and regulations
• Expert understanding of auditing and assurance services
• Proficiency in accounting software and technologies

3. Certified Management Accountant

This certificate awarded by the Institute of Management Accountants (IMA) focuses on financial management and strategy. If you are interested in managerial accounting roles and decision-making processes, this certification is an ideal choice.

Skills Gained:

• Strong financial planning and analysis skills
• Proficiency in risk management and internal controls
• Expertise in budgeting and cost management
• Advanced knowledge in performance management

4. Association of Chartered Certified Accountants (ACCA)

The ACCA is an internationally recognized certificate that covers accounting topics, such as auditing, taxation, financial management, and reporting. If you are aiming to work in global accounting roles, the ACCA certificate is an ideal option.

Skills Gained:

• Advanced skills in financial reporting and analysis 
• In-depth knowledge of business law and ethics
• Expertise in corporate governance and risk management strategy
• Proficiency in global financial standards

5. Chartered Financial Analyst

This certificate, awarded by the CFA Institute, is suitable if you’re pursuing a career in investment management, financial analysis, and portfolio management.

Skills Gained:

• Expertise in financial analysis and equity investment
• Proficiency in risk management and financial modeling
• Advanced knowledge of portfolio management and asset allocation
• Strong analytical thinking skills

6. Undergraduate Degree in Accounting and Finance

An undergraduate degree in Accounting and Finance will give you foundational knowledge in accounting principles, financial analysis, and business management.

Skills Gained:

• Strong knowledge of financial accounting, auditing, and taxation
• Understanding of business law and corporate governance
• Proficiency in financial analysis and financial reporting
• Analytical skills for managing and interpreting financial data

7. M.Com in Accounting & Finance 

A Master of Commerce (M.Com) in Accounting & Finance is a postgraduate degree that goes deeper into accounting theories, financial management, and advanced taxation concepts.

Skills Gained:

• Advanced skills in financial reporting and corporate accounting
• Knowledge of management accounting and cost control techniques
• Expertise in tax planning and corporate taxation
• Proficiency in financial analysis and risk management

8. US Certified Public Accountant Course

The US Certified Public Accountant (CPA) course prepares you for the CPA exam conducted by the AICPA. It is a globally recognized credential that opens opportunities to accounting roles in the U.S. and abroad.

Skills Gained:

• Expertise in US tax regulations and audit processes
• Advanced knowledge in financial reporting and analysis
• Proficiency in using accounting software and digital tools
• Deep knowledge of corporate governance and business ethics

9. Company Secretary

The Institute of Company Secretaries of India (ICSI) awards this certificate. It focuses on governance, corporate law, and compliance and is suitable for those working in corporate legal and compliance roles.

Skills Gained:

• Knowledge of corporate governance and compliance
• Proficiency in legal documentation and regulatory frameworks
• Strong expertise in corporate law and business ethics
• Understanding of mergers, acquisitions, and corporate restructuring

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10. MBA in Accounting and Finance

MBA specialization in accounting and finance is a postgraduate degree designed to provide advanced skills in business management, financial analysis, and decision-making.

Skills Gained:

• Advanced skills in financial analysis, budgeting, and forecasting
• Expertise in financial reporting, auditing, and corporate finance
• Leadership and strategic management abilities
• Proficiency in risk management and financial planning

Want to increase your knowledge of finance and accounting? Join the course on Master of Business Administration (MBA) from UGNXT.

11. Tally ERP 9 Training Course

Tally ERP 9 is one of the popular accounting softwares used by businesses worldwide. The training course will teach you how to effectively use Tally for accounting, taxation, and inventory management.

Skills Gained:

• Proficiency in using Tally software for financial management
• Knowledge of processes like bookkeeping, ledgers, and trial balances
• Expertise in managing inventory and sales tax through Tally
• Ability to generate financial reports and tax returns using Tally

12. Diploma in IFRS

This course will provide knowledge of international accounting standards, essential for professionals working in global financial reporting and accounting roles.

Skills Gained:

• In-depth knowledge of IFRS and its application in financial reporting
• Ability to prepare and analyze financial statements according to international standards
• Expertise in transitioning from local accounting standards to IFRS
• Proficiency in financial compliance and audit practices based on IFRS

Now that you've learned about the top online accounting degree programs let's take a look at the factors to consider while choosing the best online accounting degree.

Key Factors to Consider When Choosing the Best Online Accounting Degree

Before you choose an online accounting degree program, you’ll have to evaluate several key factors to ensure that the program aligns with your personal goals, career aspirations, and learning preferences.

Here are the factors you must consider before choosing online accounting degree programs.

• Flexibility

Look for programs that allow you to study at your own pace and help to balance your education with other responsibilities like work or family.

• Cost

Compare tuition fees, additional costs, and financial aid options for different courses. Choose a program that fits within your budget.

• Accessibility

Make sure the online program is accessible to you in terms of technology and location. Also, ensure that the program offers support for students in different time zones or regions.

• Career Advancement

Look for programs that offer strong connections to the industry, provide internship opportunities, or help graduates advance in their careers. Programs with career services can help you reach your professional goals.

• Accreditation

Check whether the online accounting degree is accredited by a recognized accrediting body, such as the Accreditation Council for Business Schools and Programs (ACBSP) or the Association to Advance Collegiate Schools of Business (AACSB).

• Degree Level

Choose a program that aligns with your current academic level and career objectives. Consider your long-term goals when deciding which level of degree (ex, diploma or master's) is right for you.

• Concentrations

Some online accounting programs offer courses that focus on specific areas, such as forensic accounting or tax accounting. If you have a particular area of interest, check if the program best suits your career goals.

Want to gain career clarity and take control of your future? Join the free course on career planning fundamentals. 

Now that you've considered the key factors in choosing an accounting degree, let's explore the potential career paths available after earning an accounting degree.

Exploring Career Paths After Earning an Online Accounting Degree

An online accounting degree opens a wide range of career opportunities in various sectors. From a tax consultant to an internal auditor, the job roles are varied and well-paying.

Here’s a table of potential job roles after earning an online accounting degree.

Source: Glassdoor

Also Read: Most Asked Accounting Interview Questions & Answers – For Freshers and Experienced in 2024

Now that you have seen potential job roles after an online accounting degree, let's explore ways to advance your career in this field.

How can upGrad Help You Advance Your Career in Accounting?

An online accounting degree provides the perfect balance between gaining essential skills for career success and maintaining the flexibility to manage work and family commitments. Platforms like upGrad make this flexibility a reality.

upGrad’s accounting course equips you with a strong foundation in accounting principles, financial management, and specialized areas like tax and auditing. With over 1 crore learners and 1400+ hiring partners, an accounting degree from upGrad can lead to lucrative job opportunities and a successful career in the field.

Here are some of the other courses offered by upGrad in accounting and related fields.

• Business Analytics Certification Programme

You can also explore these free courses associated with accounting and finance.

• Accounting Fundamentals
• Introduction to Data Analysis using Excel

Similar Read:

• Most Popular Types of Information Systems and Their Applications
• Top 13 Financial Analyst Interview Questions & Answers
• Top 10 Skills Required for Finance and Accounting
• Finance vs Accounting: Which One Should You Choose? 

References:
https://www.glassdoor.co.in/Salaries/financial-analyst-salary-SRCH_KO0,17.htm
https://www.glassdoor.co.in/Salaries/tax-consultant-salary-SRCH_KO0,14.htm
https://www.glassdoor.co.in/Salaries/internal-auditor-salary-SRCH_KO0,16.htm
https://www.glassdoor.co.in/Salaries/forensic-accountant-salary-SRCH_KO0,19.htm
https://www.glassdoor.co.in/Salaries/finance-controller-salary-SRCH_KO0,18.htm
https://www.glassdoor.co.in/Salaries/bookkeeper-salary-SRCH_KO0,10.htm
https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm