Accelerated Accounting Degree Online [ Fast Track Guide ]

Accelerated Accounting Degree Online [ Fast Track Guide ]

Fast! Spend less time in class with an Accelerated Accounting Degree Online! Classes start weekly. 50+ Programs offered online. Your search is finally over!

An accelerated accounting degree online doesn’t sound overly exciting to most.

I’m being honest with you. It just doesn’t.

But did you know that there is a strong demand for accountants? Every business will need somebody to do the books. And that somebody could be you.

Let’s jump right in…

Purdue University offers accelerated 6-week online classes, making them a great choice for anyone who wants to finish their accounting degree program at an accelerated pace.

Online Bachelor’s in Accounting offered by Purdue University – Global:

The Bureau of Labor Statistics estimates that the accounting field could grow by 11% in the next 7 years. As every other part of the economy grows, accounting will grow with it. The globalization of business is bringing an increase in international trade and business.

accelerated accounting degree online

This means that the type of jobs that are coming up will be with prestigious accounting and business firms that are working internationally.

That’s starting to sound attractive, isn’t it?

Accountants are highly valued and needed members of every strong business. That could be you.

Do you have the skills it takes to succeed at accounting?

Are you:

  • Organized
  • Adaptable
  • Good with information technology
  • A clear communicator
  • A strong leader

What’s holding you back from getting your accelerated accounting degree online?

Probably your accounting skills. Because you know you don’t have the time and money to finish an accounting degree.

4 years of your life and $68,000?

It doesn’t add up. So, you are playing it smart. Not pursuing a degree that you can’t afford.

But what if it could be easier than that? What if you could get an accelerated accounting degree online in 18-24 months for thousands of dollars less than you thought possible?

Yes. You are smart. You want to know how that is possible.

Here’s how: Enroll in an accelerated accounting degree online. Yes. Accelerated accounting degrees really do exist.

Getting an Accelerated Accounting Degree Online

Businesses make money. At least the successful ones. An accounting degree can put you in the position to manage that money.

Accounting professionals are in demand!

According to a report by the National Association of Colleges and Employers, over half of the companies surveyed responded that they would be interested in hiring a graduate with a degree in accounting.

There are famous people (you have probably never heard of but you will recognize the business) who have pioneered big businesses with a degree in accounting. For example, Arthur Blank, the co-founder of the multi-million dollar chain Home Depot, graduated with a degree in accounting from Babson College.

Another big name accountant is Phil Knight, the founder of Nike shoes. He also made a lot of money after graduating from the University of Oregon with a degree in accounting.

You could be taking the same classes as these big founders did.

But chances are, if you are reading this article, you actually want to speed things up a bit with a fast track accounting degree online.

Accounting Curriculum

Accounting classes you can expect to take as part of the curriculum:

  • Managerial Accounting
  • Financial Management
  • Cost accounting
  • Taxation
  • Auditing and Assurance
  • Government / Institutional Accounting
  • Business and Professional Ethics for Accountants
  • Professional Accounting
  • Risk Management
  • Microeconomics / Macroeconomics
  • Business Analytics
  • Information Analysis
  • Business Processes and Internal Controls
  • Accounting Information Systems
  • Business Finance
  • Strategic Management

These are the classes that can give you the skills to go far with an accounting degree.

How far do you think an accounting degree can take you?

Accelerated Accounting Degree Careers

The field of accounting is projected to grow by 11% in the next 7 years. With jobs in fields like manufacturing, government, and insurance. The average income when you have an accounting degree is $68,150. The top 10 percent of accountants made more than $120,910 per year.

Career

Annual Salary

Accountant

$68,150

Finance

$72, 950

Management of Company

$70,790

Insurance

$72,950

Manufacturing

$69,040

Tax Preparation

$68,130

Government

$65,820

Payroll

$68,130

Bookkeeping

$68,130

Source: Bureau of Labor Statistics

The annual income you could make with a degree in accounting is over $30,000 more than the average income of all occupations.

That’s $30,000 more a year you could be earning. Now you know why smart people get a degree in accounting. And it doesn’t matter if you earned an accelerated accounting degree online or if you sat in class on campus for four plus years. Personally, I prefer getting to the finish line faster.

Accelerated Accounting Degree Programs Offer Year-Round Admissions

Does looking at those numbers make you want to jump in right now and get started? Let’s do it then!

Accelerated online accounting degree programs at many universities have new start dates each month.

Instead of waiting until it is a good time for a school to run its classes, you can start when it is a good time for you.

How about now?

Or time your graduation so that you are walking into the job market right around tax season when everybody is scrambling for an accountant.

Accelerated Classes vs. Self-Paced Classes

Earning an accelerated accounting degree online can be easy to fit into your life.

Yes, I said accounting, degree and easy in the same sentence.

The reason for that is because of two options offered at some universities.

Both of these options make it easy to get your accelerated accounting degree online. If you thrive with a regular schedule and set due dates, then accelerated online classes may very well be a good fit for you.

If you are a self-motivator who can master self-imposed deadlines, then self-paced online classes may offer you more flexibility and be a better fit.

Option 1: Accelerated Online Accounting Classes

Remember the old calculators that you had to punch in the numbers and they printed out on a spool of paper? Yeah, old school.

This isn’t an old school way of earning your degree. Instead of taking a 16 week semester accounting class, you can take an 8 week online course in accounting and be done twice as fast. And you save paper, too.

Option 2: Self-Paced Online Accounting Classes

Does your life have periods of busy and slow? Self paced online accounting classes might be your answer. If say, January to March is just a really quiet time for you. Not much going on, you stay in and watch a lot of Netflix. Instead, you could cash in on this option.

Western Governors University and Capella University offer self-paced accounting courses. At Capella, you register for a 12-week session and pay a flat fee. During those 12 weeks, you can complete as many courses as you want.

Yep.

From January to March you could put Netflix on hold and complete 8 classes. You can take up to two at one time, but every time you complete one, you can immediately start the next one.

An excellent choice for capitalizing on those slow periods in your life.

Types of Online Accounting Degrees

Accounting degrees often have a sub-specialty should you opt to go deeper in one area of specialization. For example, you might be interested in forensic accounting or managerial accounting.

Just like there are many different areas of math like algebra, calculus, geometry. You may be good at one, super awesome at another, and just so-so at the third. But if you focus your attention on the one you are super awesome at, you can go a lot farther as a math whiz.

You can choose a concentration in accounting that will allow you to be an accounting whiz!

Online Bachelor’s in Accounting Programs

The following programs are offered by Purdue University – Global. Purdue offers accelerated 6-week online classes, making them a great choice for anyone wanting to finish their degree at an accelerated pace.

Online Master’s in Accounting Programs

The following Master’s in Accounting are offered online, but they are not considered to be accelerated degree programs.

Whether it is management, public or tax accounting, there is a spot for you to excel in.

Online PhD in Accounting Programs (or a DBA in Accounting)

The following online doctoral programs in accounting are not accelerated degree programs, but because they are offered online, they do allow you to have greater flexibility.

Both of the programs listed above are offered by Northcentral University and may be completed 100% online. The university notes that doctoral graduates in accounting will be equipped to pursue senior leadership positions in academia, auditing, and accounting.

3 Ways to Accelerate Your Accounting Degree Online

Most universities offer traditional online degree programs. With the exception of a few universities, they do not call their accounting degrees “accelerated” programs.

That being said, more and more universities are offering 8 week online courses — which automatically help you finish your classes faster. Add to those accelerated courses some life experience college credits (get college credit for previous experience) or CLEP exams and you can finish even faster.

Confused?

Don’t worry. You’re not alone.

We will break it down for you step by step…  and if you still have questions, just drop us a comment below!

1. Test out of college classes (up to 1 year of classes)

You do not have to attend class to earn your 120 credit hours. Sound crazy? It is. But there is a completely valid way to earn college credit that doesn’t involve going to class.

You take a 90 minute multiple choice exam instead.

No, we are not kidding. Over 2,900 universities award college credits for these tests!

For real.

I tested out of 6 classes — which gave me 18 college credits — without ever stepping foot in class.

Most universities will allow you to earn between 15 to 30 college credits through credit by exam. Depending on the college, that is a whole year of classes! So instead of needing 4 years to get your degree, you can shave up to one year of your time to graduation by cramming for a few multiple choice exams in your spare time.

We go deeper into this topic here: testing out of college classes

This works really well for the introductory level classes. For example, it’s fairly easy to cram for Intro to Sociology or Psychology to fulfill your social science requirements. You can also knock out your history and government requirements pretty quickly. Just review the list of exams your college accepts for credit before you cram for the exam.

At most schools, as long as you pass the multiple choice exam with a grade of 50% or more, they will give you college credit for that course.

2. Get college credit for your life and work experience

If you have been working in the field of business, finance, technology, computers, or even insurance this could be your golden ticket.

You can get College Credit for Prior Learning.

That’s right. You work together with your university to put together a portfolio outlining your training, experiences, credentials and a few reference letters. Once you submit your portfolio, you can then get college credit for the classes you need.

To give you an example. At Liberty University, you can get college credit for these classes by submitting a portfolio:

  • Principles of Accounting
  • Accounting Information Systems
  • Taxation
  • Auditing
  • Introduction to Business
  • Personal Finance

You can also use Credit for Prior Learning to fulfill all your elective classes. In my case, I had 12 years of computer and technology experience. After submitting my portfolio, I received 18 college credits for my documented life experience in this field. That was another 6 classes I was able to get out of the way without sitting in classes.

The American Council on Education website recommends colleges and universities grant credit for a variety of courses or training offered by employers. ACE is well recognized by most colleges.

If you max out the number of college credits you can earn through prior learning, you could knock off another semester of classes you need to take.

3. Stay continuously enrolled with the max course load allowed

The third step to accelerating your degree involves the most work.

You work as hard as you can + as long as you can + taking as many online classes as you can = more classes done in less time.

It makes sense, right? The fastest way to finish your degree is to take as many courses as you can each semester.

Typically, a campus student will enroll in 30 credits each year (15 in the Fall semester, 15 in the Spring). But you don’t have to be typical; you can be exceptional. Most universities will allow you to take up to 18 credit hours per traditional semester. Plus, you can enroll during the summer. And in some cases, during a winter (January) session.

Here’s an example of how that could look:

  • 18 credit hours in the Fall
  • 18 credit hours in the Spring
  • 12 credit hours in the Summer (Take 2 classes during Summer 1 and 2 classes during Summer 2)

This can bring you to the 48 credit hour mark in just one year. If your school has a winter (3-week) session, you can add another 3 credit hours to that tally.

It’s a lot of work, but doable.

If you can manage to get 30 credit hours through credit by exam + another 15 credit hours from life experience — after just one year — your college credits could look like this:

Credit by exam (30 credits) + Life experience credits (15 credits) + One year taking the maximum course load (48 credits) = 93 credit hours in just one year. Only 27 left to go…

Obviously, this pace would be insane for most people. Your social life would be non-existent. But it is possible.

Transferring Your Existing College Credits

What if we added another factor to your accounting degree equation. Pre-existing college credit.

That’s a biggie. If you have taken any college classes in the past, maybe a community class or an AP class in high school. That can count towards your degree requirements.

As long as the credit you have earned is from an accredited college, you can transfer it to your accounting degree program.

Maybe you took an Advanced Placement class in high school and passed the AP exam at the end of the semester. You can add that previously earned college credit to your accounting degree plan as long as your target university accepts AP credit in that subject.

Pretty awesome, right?

Even if it doesn’t fit into your accounting degree plan, use it anyways! Whatever college credits you have leftover can be used to fulfill your elective requirements.

Credits you need – existing college credit = less classes to take.

Lower Tuition Costs

You accounting types are going to love this part. Balancing the books and ending up with fewer expenses than you thought.

The biggest expense in an accounting degree will be your tuition. Every class you take will cost you more. Duh?

Take fewer classes, pay less. It really does work.

At Northeastern University the tuition rate is $530 per credit hour. A 3 credit class would cost you $1,590 in tuition!

But you don’t have to follow that route to get 3 credits, remember. You can earn 3 credits by taking a College Level Examination Program which will only cost you $87.

$1,590 or $87 per class? Which sounds like a better deal to you?

Are accelerated accounting degree programs accredited?

If you want to make it big with an accounting degree you want to get a degree with prestigious accreditation. It looks good when your university is accredited.

Not only does it look good, but it gives your degree validity. That is important! Nobody wants a fake degree.

As long as your online accounting degree is earned at a regionally accredited college, then it is a real, valid degree.

Why Regional Accreditation Matters

The regional accreditors listed below are the same agencies that accredit Harvard, Yale, Stanford, and every other prestigious university. So, you can rest-assured that your online accounting program will be reputable if it is accredited by one of these agencies.

To go for a higher level of accreditation specific to Business Administration (or Accounting), you would look for schools that are accredited by one of the following agencies (in addition to having regional accreditation):

These accreditors will make sure that the degree you earn is reputable and valid. Many accounting degree holders will seek to also receive designation with the American Institute of Certified Public Accountants to become a Certified Public Accountant (CPA).

List of Colleges Offering Online Accounting Degrees

The following universities offer either an Online Bachelor’s in Accounting or an Online Bachelor’s in Business Administration – Accounting.

University Location Accreditation Tuition Per Credit Hour
Athens State University Alabama Southern Association of Colleges and Schools $284
Auburn University Alabama Association to Advance Collegiate Schools of Business (AACSB) $775
Bellevue University Nebraska Higher Learning Commission $415
Bemidji State University Minnesota Higher Learning Commission $315
Brandman University California Western Association of Schools and Colleges $500
Brenau University Georgia Southern Association of Colleges and Schools $567
Central Methodist University Michigan Higher Learning Commission $250
Clayton State University Georgia Southern Association of Colleges and Schools $402
Cleary University Pennsylvania Middle States Commission on Higher Education $578
Colorado Christian University Colorado Higher Learning Commission  $883
Colorado State University Colorado Association to Advance Collegiate Schools of Business (AACSB) $350
Columbus State University Georgia Southern Association of Colleges and Schools $550
Concordia University Minnesota Higher Learning Commission $420
Eastern New Mexico University New Mexico Higher Learning Commission $457
Excelsior College New York Middle States Commission on Higher Education $510
Florida Atlantic University Florida Association to Advance Collegiate Schools of Business (AACSB) $779
Florida Institute of Technology Florida Southern Association of Colleges and Schools $510
Fort Hays State University Kansas North Central Association of Colleges and Schools $213
Golden Gate University California Western Association of Schools and Colleges $660
Indiana State University Indiana Higher Learning Commission $682
Indiana Wesleyan University Indiana Higher Learning Commission $439
Keiser University Florida Southern Association of Colleges and Schools $759
Liberty University Virginia Association to Advance Collegiate Schools of Business (AACSB) $390
Missouri State University Missouri Higher Learning Commission $458
Morehead State University Kentucky Southern Association of Colleges and Schools $561
National University California Western Association of Schools and Colleges $416
Northeastern University Pennsylvania Association to Advance Collegiate Schools of Business (AACSB) $310
Northwestern State University of Louisiana Louisiana Southern Association of Colleges and Schools $375
Old Dominion University Virginia Southern Association of Colleges and Schools $389
Ottawa University Kansas Higher Learning Commission $499
Penn State World Campus Pennsylvania Association to Advance Collegiate Schools of Business (AACSB) $555
Purdue University Global Illinois Higher Learning Commission $371
Regis University Colorado Higher Learning Commission $475
Saint Leo University Florida Southern Association of Colleges and Schools $360
Siena Heights University Michigan North Central Association of Colleges and Schools $536
Southern New Hampshire University New Hampshire New England Commission of Higher Education $320
SUNY College at Plattsburgh New York Middle States Commission on Higher Education $343
Temple University Pennsylvania Middle States Commission on Higher Education $595
Texas State University Texas Southern Association of Colleges and Schools $818
Thomas Edison State University New Jersey Middle States Commission on Higher Education $499
Touro University California Western Association of Schools and Colleges $400
University of Alabama Alabama Southern Association of Colleges and Schools $544
University of Mary North Dakota Higher Learning Commission $479
University of Maryland-University College Maryland Middle States Commission on Higher Education $489
University of Massachusetts Massachusetts Association to Advance Collegiate Schools of Business (AACSB) $332
University of Massachusetts – Amherst Massachusetts New England Commission of Higher Education $525
University of Michigan Michigan Association to Advance Collegiate Schools of Business (AACSB) $895
University of Minnesota – Crookston Minnesota Higher Learning Commission $395
University of Minnesota – Twin Cities Minnesota Higher Learning Commission $395
University of South Carolina South Carolina Association to Advance Collegiate Schools of Business (AACSB) $423
University of Toledo Ohio Association to Advance Collegiate Schools of Business (AACSB) $335
University of West Georgia Georgia Southern Association of Colleges and Schools $627
Washington State University Washington Northwest Commission on Colleges and Universities $567
Western Governors University Utah Association to Advance Collegiate Schools of Business (AACSB) $485
Wilmington University Delaware Middle States Commission on Higher Education $363

Conclusion

Is an accounting degree program the best choice for you? Only you can decide.

It’s smart.

It’s a job that is high in demand.

And you can get your accounting degree online fast. Or relatively fast anyway.

Accounting careers tend to pay well and could allow you to be a player in high end corporation and government jobs.

Sounds pretty good. But all that appeal can require a long, expensive educational journey.

That’s why we produced this guide to help you cut tuition costs and finish your accounting degree faster online. Testing out of classes, Credit for Prior Learning, and accelerated online classes can help get your accounting degree online fast!

Now, it’s your turn to act. Need more info about getting your accelerated accounting degree online? Have some questions? Drop us a line below!

Accelerated Degree logo
Find Your Degree
Accelerated Degree logo

Get matched in seconds

Review online degree programs matched specifically to your goals and interests.

Search Colleges

SPONSORED SCHOOLS

Leave a Reply

Your email address will not be published. Required fields are marked *