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

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

Updated on 21 December, 2024

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• 13 min read

Table of Contents

What is an Online Accounting Degree? Benefits and Types
Top-Ranked Online Accounting Degree Programs in India
Key Factors to Consider When Choosing the Best Online Accounting Degree
Exploring Career Paths After Earning an Online Accounting Degree
How can upGrad Help You Advance Your Career in Accounting?

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.

Online Accounting Degree	Traditional Accounting Program
Off-campus	On-campus
Flexible schedule	Fixed schedule
Curriculum via a digital platform	In-person classes
Lower cost	Relatively higher cost
Greater networking opportunities	Fewer networking potential
Easier to balance with a full-time job	Needs full-time commitment

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.

Type	Description
Auditing	Examining financial records and ensuring accuracy, compliance, and fraud detection.
Financial Accounting	Preparing and reporting financial statements for external users like investors and regulators.
Cost Accounting	Analyzing costs of production and helping businesses manage expenses to improve profitability.
Information Systems	Use of technology in accounting. Focuses on accounting software, data analytics, and financial information systems.
Governmental accounting	Study of financial management and reporting practices applicable to government entities and public sector organizations.
Financial Reporting	Process of producing financial statements and reports that show the financial performance of a business.
Managerial Accounting	Using accounting information to help decision-making for internal management within an organization.
Principles of Accounting	The focus is on foundational concepts of accounting, such as the accounting cycle, balance sheets, and income statements.
Forensic Accounting	Investigating financial discrepancies and fraud, often for legal or investigative purposes.
Taxation	Focuses on principles and practices of tax laws and regulations. Covers both individual and corporate taxation.

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.

Course	Institution	Duration
Master’s Degree in International Accounting and Finance (Integrated with ACCA)	O.P Jindal Global University	1 year
Post Graduate Diploma in Management (BIMTECH)	Birla Institute of Management and Technology	11 months
Professional Certificate Program in Financial Modelling and Analysis in association with PwC Academy	upGrad Campus	4 months
One OMS Test Program	O.P Jindal Global University	18 months

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.

Want to know how to safeguard your ideas and innovations? Join the free course on Introduction to Intellectual Property Rights.

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

Want to gain essential skills for navigating corporate transactions? Join the free course on Mergers and Control Rights.

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.

Job Role	Average Annual Salary
Financial Analyst	INR 6L
Tax Consultant	INR 6L
Internal Auditor	INR 8L
Forensic Accountant	INR 10L
Finance Controller	INR 20L
Bookkeeper	INR 2.5L

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.

Do you need help deciding which course to take to advance your career in accounting? Contact upGrad for personalized counseling and valuable insights. For more details, you can also visit your nearest upGrad offline center.

Similar Read:

Frequently Asked Questions (FAQs)

1. Can you study accounting online?

Yes, many universities and platforms offer online accounting degrees that allow you to study at your own pace while gaining the necessary skills.

2. Which is the best online accounting degree program?

The best program depends on your career goals. Platforms like upGrad, IGNOU, and Amity University offer reputable online accounting degrees.

3. Which is the best degree for an accountant?

A Bachelor of Commerce (B.Com) or Bachelor of Accounting and Finance (BAF) is a starting degree for an accountant.

4. How difficult is BCom accounting?

The difficulty of a B.Com in Accounting depends on your knowledge of accounting principles and dedication. With consistent study, it is manageable.

5. Can I self-study CPA?

Yes, many individuals self-study for the Certified Public Accountant (CPA) exam using online resources, study guides, and practice tests.

6. Can I do CPA without CA?

Yes, you can pursue the CPA designation without being a Chartered Accountant (CA).

7. Which is the highest qualification for accounting?

The Certified Public Accountant (CPA) and Chartered Financial Analyst (CFA) are among the highest qualifications.

8. Does accounting involve maths?

Yes, accounting needs basic arithmetic and mathematical concepts, especially for financial analysis, budgeting, and tax calculations.

9. Which is the easiest course in accounting?

Courses like Introduction to Accounting or Financial Accounting Basics are considered the easiest course.

10. Which is the best certification for accounting?

The Certified Public Accountant (CPA) and Chartered Accountant (CA) certifications are considered the most prestigious.

11. What is GAAP certification?

GAAP certification demonstrates expertise in Generally Accepted Accounting Principles (GAAP), which is essential for ensuring that financial statements comply with accounting standards.

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