If you're looking to advance your business career, you might be weighing a Master's of Accounting (MAcc) against a Master of Business Administration (MBA). Both graduate degrees can open doors, but they serve different goals. An MBA offers a broad foundation in business leadership, while an MAcc delivers specialized, in-depth expertise in accounting.

Let's break down how each stacks up.

MAcc vs. MBA Curriculum Breakdown

Understanding what each program teaches can help you decide which path best supports your long-term goals. While both the MAcc and MBA are respected graduate degrees in the business world, they offer different types of training. One is focused on technical accounting expertise, the other on broad-based leadership and management skills.

MAcc
An MAcc dives deep into accounting principles, financial reporting, auditing, taxation, and ethics. Many programs align closely with CPA exam requirements, making this the go-to degree for aspiring certified public accountants.

MBA
The MBA curriculum covers a wide range of business topics. You'll study marketing, operations, strategy, finance, organizational behavior, and leadership—often through case studies and group projects. This degree is designed to shape versatile business leaders.

If you're targeting a leadership role or switching industries, the MBA provides flexibility. If you're aiming to sit for the CPA exam and build a specialized accounting career, the MAcc is the more direct route.

Career Paths: Where Each Degree Can Take You

Both degrees can lead to rewarding careers, but they typically point you in different directions. The MAcc is most valuable in accounting firms, finance departments, and regulatory bodies. The MBA suits those aiming for leadership in industries ranging from tech to healthcare to consulting.

Here's a look at the kinds of roles and industries each one prepares you for.

MAcc graduates often pursue technical and regulatory roles such as:

  • Certified Public Accountant (CPA)
  • Auditor or Tax Advisor
  • Financial Analyst or Controller
  • Forensic Accountant

MBA holders are found across business functions in roles like:

  • Management Consultant
  • Marketing Manager
  • Operations Director
  • Product or Project Manager
  • Executive or Entrepreneur

Master's of Accounting vs. MBA Salary Comparison

A friend of mine was weighing the decision of whether to pursue a master's degree. Salary was a significant factor—he had student loans to pay off and wanted to be smart about his investment. If you're in the same position, comparing salary outcomes can help you choose the degree that best supports your long-term financial goals.

The good news? In this case, both paths have the potential to provide more than enough support for a comfortable lifestyle, especially if you take full advantage of the opportunities that come with each one.

MAcc Salary

Master's in Accounting graduates typically follow a more linear salary path. According to the U.S. Bureau of Labor Statistics, accountants and auditors earn a median salary of $81,680. However, those in the top 10% of the profession earn more than $141,420, especially those with credentials such as the CPA and several years of experience. 

While the path is more specialized, the MAcc can help you meet CPA exam requirements more quickly, giving you a head start on reaching senior positions with six-figure salaries.

MBA Salary

Many MBA graduates enter fields such as management, consulting, and operations, which offer strong earning potential. 

According to the U.S. Bureau of Labor Statistics, management occupations earn a median salary of $122,090. Roles commonly held by MBA graduates include operations managers (median annual salary: $102,950) and chief executives, who earn a median annual salary of $206,420. These figures underscore the high salary ceiling available to experienced MBA professionals.

Time Commitment and Program Format

Both degrees offer flexibility, but an MAcc may be faster if your goal is accounting certification. MBA programs often include internships or global immersions that require more time investment.

MAcc Programs:

  • Full-time MAcc: Typically 1–2 years full-time
  • Part-time/Online MAcc: Online and part-time options are available, especially for CPA-track students.

MBA Programs:

  • Full-time MBA: usually 2 years
  • Part-time/Online MBA: 2–4 years (flexible for working professionals)

Which Degree Is Right for You?

Not sure which path to take? Asking yourself the right questions can help you determine which degree better aligns with your goals, interests, and future plans. 

Let's walk through a few key considerations:

What Are Your Career Goals?

  • MAcc: Ideal for those pursuing a specialized accounting career or planning to become a licensed Certified Public Accountant (CPA).
  • MBA: Ideal if you're aiming for leadership roles, managing teams, or transitioning into a new industry.

What Will You Study?

  • MAcc: Offers in-depth training in accounting, auditing, taxation, and financial reporting.
  • MBA: Covers a broad spectrum of business topics, including finance, strategy, marketing, operations, and leadership.

Where Do You Want to Work?

  • MAcc: Commonly leads to roles in accounting firms, corporate finance departments, and regulatory agencies.
  • MBA: Provides access to opportunities in a wide range of industries, such as consulting, tech, healthcare, and product management.

Do You Plan to Take the CPA Exam?

  • MAcc: Yes — most programs are structured to meet CPA exam eligibility and prepare you for certification.
  • MBA: No — an MBA isn't typically designed for CPA exam prep.

How Much Time Can You Commit to Your Degree?

  • MAcc: Usually takes 1–2 years full-time, with part-time and online options available.
  • MBA: Generally a two-year full-time program, though many schools offer flexible part-time or online formats.

What Type of Salary do You Prefer?

  • MAcc: Offers steady advancement, especially with a CPA license. Salaries often start in the mid-range but rise with experience.
  • MBA: Tends to offer a broader range of salaries, with higher ceilings in executive and consulting positions.

Need Some Help Planning Your Next Step?

Choosing between an MAcc and an MBA can be a tough decision, with much of the decision depending on your personal goals and passions. Whether you're aiming to lead a business or master accounting principles, the next step is getting clear on your path. 

Take our business career quiz to find the best next step for you.