Drive Your Organization’s Success with a Master’s in Management Accounting
Contribute to your organization's success by becoming a strategic partner that provides financial information to help guide the internal management of employees, managers and executives, inform decision-making and improve performance. UMS's Master of Science in Accounting with a concentration in Management Accounting lets you:
- Gain the tools to master the latest accounting strategies, tactics and rules
- Develop and apply accounting practices based on broader business competencies
- Begin or accelerate your path to higher-level accounting roles within your industry
This online degree program, in addition to developing your skill set for managerial roles, also prepares you for the necessary academic qualifications to become a Certified Management Accountant. The prestigious CMA credential demonstrates a solid grasp of financial planning, analysis and professional ethics.
See Yourself Succeed with a Master’s in Management Accounting
Founded in 1932 as a school of accountancy and secretarial science, UMS is a recognized leader in the field. This online degree builds off the solid foundation of the MS in Accounting with three courses in the concentration: Governmental and Non-Profit Accounting, Controllership and International Accounting.
An advanced degree builds your expertise, strengthens and expands your leadership skills and lets you realize your personal and professional goals. With the right combination of credentials and experience, you’ll be in a position to contribute positively to the strategic, tactical and operating decisions of your organization.
As a private, nonprofit university, UMS has one mission - to help you see yourself succeed. The benefits of earning your master's in management accounting at UMS include:
- Affordability. Take advantage of some of the most affordable tuition rates in the nation
- Convenience. Attend class when it's convenient for you - online education means 24/7 access
- Efficiency and flexibility. Complete your graduate degree in as few as 15 months, with two courses per 10-week term
- Expert instruction. Learn from instructors with relevant, real-world experience
- Minimal requirements. No GMAT or GRE required for admission
- Networking. Tap into our nationwide network of alumni for internship and career opportunities
- Student support. Count on the ongoing support of dedicated academic and career advisors specialized in your area of study
Career Outlook
With coursework covering the functions of controllership, business law and governmental, nonprofit and international accounting, UMS's master's in management accounting can open up opportunities in the private and public sectors, as well as nonprofits.
The U.S. Bureau of Labor Statistics projects 10% employment growth for accountants through 2026, faster than the average for all occupations.* For graduates who pursue the Certified Management Accountant (CMA) certification, the outlook is even rosier: According to the 2016 IMA Global Salary Survey, CMAs worldwide earn 50% more in median base salary and compensation than non-CMAs.*
Please note: Students cannot earn CMA certification through UMS. Furthermore, the CMA certification exam requirements include an additional two continuous years of professional experience in management accounting/or financial management. If you wish to follow the traditional CMA track upon graduation, you'll need to verify you meet all requirements to sit for the exam. Licensing requirements to sit for the CMA exam vary from state to state, so it's best to review your state-specific requirements. For state-by-state educational requirements, consult the website of the National Association of State Boards of Accountancy (NASBA). For state-by-state CMA licensing requirements, consult the Accounting Licensing Library, powered by the NASBA. The content of our accounting programs aligns with the Content and Skill Specification Outlines (CSOs/SSOs) set by the American Institute of Certified Public Accountants (AICPA) and fulfills the educational requirements for CPA certification in most states.
Curriculum
Courses May Include
Program Outcomes
- Develop and apply appropriate accounting practices, based on broader business competencies, that contribute to the strategic, tactical, and operating decisions of organizations
- Employ discipline-specific research strategies to appraise the effectiveness and limitations of financial accounting and reporting practices in a global economy
- Generate complex financial statements for internal and external users including effective compliance with full-disclosure and in accordance with applicable governing rules and regulations
- Apply IRS rules for tax planning to minimize the tax liability of individuals and organizations
- Analyze, interpret and communicate to all stakeholders the significance of accounting information as it relates to an organization’s strategic plans
- Prepare components of financial statements in accordance with both US GAAP and IFRS reporting requirements
- Assess an audit plan for compliance with PCAOB audit standards
