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Master's Degree

Master's Degree in Accounting and Financial Management

Discover Accounting Pathways

Are you interested in advancing your ambition in finance or accounting? This Master's Degree in Accounting and Financial Management provides you the opportunity to transition to pursuing career opportunities in accounting and finance.

This program, taught from a practitioner's perspective, will help you develop important skills in financial accounting, managerial accounting and corporate finance.

Get To Know Our Master’s in Accounting and Financial Management

Explore each of your available options and select an emphasis based on your interests and professional goals:

Classes Start Every 8 Weeks
Accelerated Schedule*
1 year
4 months
Average 10 credits per semester
OR
Normal Schedule
2 years
2 months
Average 6 credits per semester

ACCELERATE AT YOUR PACE

Choose the schedule that best fits your goals and commitments. You can earn your Master's Degree in as few as 1 year and 4 months with an accelerated schedule* or follow a normal schedule and complete your program in 2 years and 2 months.**

*Accelerated schedule does not include breaks and assumes 3 semesters of year-round, full-time enrollment in 10 credit hours a semester per 12 month period. 
**Normal schedule does not include breaks and assumes 2 semesters of enrollment in 6 credit hours per semester per 12 month period. 

Knowledge & Skills

What You'll Learn

The Master’s in Accounting and Financial Management program covers the following:

  • Accounting Theory and Practices
    Demonstrate in-depth knowledge of accounting theory and apply that knowledge to specific accounting practices in a global economy.
  • Professional Communication
    Develop and demonstrate professional communication skills and tools to support business needs.
  • Collaboration
    Demonstrate collaborative skills with diverse populations in multiple settings.
  • Decision Making and Ethics
    Conduct quantitative and qualitative business analyses, evaluate outcomes and make recommendations for effective legal and ethical business decisions.
  • Technology
    Explore technology and innovation's critical role in reshaping contemporary organizations' goals, strategies, management, and operations.

Prepare for the CPA Exam

With an emphasis in CPA Exam Preparation, Keller’s Master’s in Accounting and Financial Management degree program integrates Becker Professional Education’s industry-leading CPA exam prep into its curriculum.

For more than 50 years, Becker has been a leader in CPA review, preparing more than 1 million candidates for the CPA exam. Becker’s CPA Exam Review is infused into our Keller CPA exam preparation courses.1

Accreditation
Accreditation

Accreditation and Recognition Matter

Being accredited means we’ve met rigorous quality standards and are committed to giving you the education you deserve. We’re proud to be accredited by The Higher Learning Commission (HLC), www.hlcommission.org. Our Master's Degree in Accounting and Financial Management has a specialized accounting accreditation by the Accreditation Council for Business Schools and Programs (ACBSP)www.acbsp.org.2

DeVry University is accredited by The Higher Learning Commission (HLC), www.hlcommission.org. The University’s Keller Graduate School of Management is included in this accreditation.

Accreditation
Accreditation
Student Achievement
At-a-Glance
Career

Career Opportunities

Graduates of our Master’s in Accounting and Financial Management program may consider opportunities such as:
  • Accounting Manager

  • Budget Analyst

  • Financial Analyst

  • Financial Manager

  • Management Accountant

Learn more about
Careers in Accounting
Learn more about
Careers in Finance
Program Courses

Master's Degree in Accounting and Financial Management

Certified Public Accountant (CPA) Preparation Emphasis

The CPA Exam Preparation emphasis in the Master’s in Accounting and Financial Management program is designed for those interested in a CPA exam preparation pathway. Coursework helps develop essential financial accounting skills and integrates Becker Professional Education's CPA Exam Review so you can prepare for the CPA Exam and earn your master's degree simultaneously.1,3,4

FINANCIAL ACCOUNTING CORE
ACCT550
Intermediate Accounting I
ACCT551
Intermediate Accounting II
ACCT553
Federal Taxes and Management Decisions
ACCT555
External Auditing
ACCT557
Intermediate Accounting III
ACCT559
Advanced Financial Accounting and Reporting Issues
Three of:
ACCT525
Current Issues in Accounting
ACCT530
Accounting Ethics and Related Regulatory Issues
ACCT540
Professional Research for Accountants
ACCT560
Advanced Studies in Federal Taxes and Management Decisions
ACCT563
Advanced Managerial Accounting Issues
ACCT564
International Accounting and Multinational Enterprises
ACCT567
Governmental and Not-for-Profit Accounting
ACCT568
Analytics for Accountants
ACCT571
Accounting Information Systems
ACCT573
Accounting Fraud, Criminology and Ethics
MGMT520
Legal, Political and Ethical Dimensions of Business
MGMT550
Managerial Communication
CERTIFIED PUBLIC ACCOUNTANT EXAM PREPARATION
ACCT591C
CPA Exam Core Preparation: Auditing and Attestation
ACCT593C
CPA Exam Core Preparation: Financial Accounting and Reporting
ACCT594C
CPA Exam Core Preparation: Regulation and Taxation
One of:
ACCT597D
CPA Exam Discipline Preparation: Business Analytics and Reporting
ACCT598D
CPA Exam Discipline Preparation: Information Systems and Controls
ACCT599D
CPA Exam Discipline Preparation: Tax Compliance and Planning
CAPSTONE
ACCT605
MAFM Capstone

1Credits and degrees earned from DeVry, including Keller, do not automatically qualify the holder to sit for professional licensing exams to practice certain professions. For example, the educational requirements for Certified Public Accountant (CPA) licensure and/or certification vary by state (and U.S. territory). The differences in the number of accounting course hours and the specific accounting course topics required may impact a student's ability to sit for the Uniform CPA exam and apply for licensure in different jurisdictions. Students interested in practicing a regulated profession must contact the appropriate state regulatory agency for licensing requirements in their field of interest and Students are responsible for contacting the state board of accountancy for the jurisdiction in which they are applying to confirm whether they have completed the appropriate credit hours and coursework to qualify to take the CPA exam. DeVry University and its Keller Graduate School of Management are not able to advise on or determine if or when any student may be eligible to sit for the CPA exam or otherwise satisfy licensing criteria in any state. Visit https://www.devry.edu/compliance/student-consumer-info.html#cpa for additional information.
3Students in  New York are not eligible for enrollment in the Master of Accounting and Financial Management program with an emphasis in Certified Public Accountant Exam Preparation.
4Students enrolling in the MAFM program and selecting the Certified Public Accountant Exam Preparation Emphasis are expected to have knowledge of content in introductory accounting and finance courses, including ACCT503, ACCT505 and FIN515. Such students may not take these introductory courses to fulfill MAFM program requirements. Students may not self-register for courses requiring these courses as prerequisites; a student support advisor registers students for such courses.

Certified Management Accountant (CMA) Exam Preparation Emphasis

The CMA Exam Preparation emphasis in the Master’s in Accounting and Financial Management program is ideal for those interested in corporate accounting roles and plan to seek a CMA certification.5 Coursework helps develop essential managerial accounting, budgeting and financial analysis skills and features a sequence of courses designed to you your prepare to pursue the CMA exam.

ACCOUNTING
ACCT503
Financial Accounting: Managerial Use and Analysis
ACCT505
Managerial Accounting
FIN515
Managerial Finance
CERTIFIED MANAGEMENT ACCOUNTANT CORE
ACCT530
Accounting Ethics and Related Regulatory Issues
ACCT550
Intermediate Accounting I
ACCT551
Intermediate Accounting II
ACCT568
Analytics for Accountants
ACCT571
Accounting Information Systems
FIN575
Advanced Financial Statement Analysis
CERTIFIED MANAGEMENT ACCOUNTANT EXAM PREPARATION
ACCT563
Advanced Managerial Accounting Issues
ACCT595
CMA Exam Preparation I
ACCT596
CMA Exam Preparation II
CAPSTONE
ACCT605
MAFM Capstone

General Accounting Emphasis

Earning a Master’s in Accounting and Financial Management with an emphasis in General Accounting is ideal for those interested in exploring a variety of accounting subject areas without choosing a specific focus.

ACCOUNTING
ACCT503
Financial Accounting: Managerial Use and Analysis
ACCT505
Managerial Accounting
FIN515
Managerial Finance
FINANCIAL ACCOUNTING CORE
ACCT550
Intermediate Accounting I
ACCT551
Intermediate Accounting II
ACCT553
Federal Taxes and Management Decisions
ACCT555
External Auditing
ACCT559
Advanced Financial Accounting and Reporting Issues
One of:
ACCT557
Intermediate Accounting III
MGMT520
Legal, Political and Ethical Dimensions of Business
GENERAL ACCOUNTING
Three of:
ACCT525
Current Issues in Accounting
ACCT530
Accounting Ethics and Related Regulatory Issues
ACCT540
Professional Research for Accountants
ACCT552
Cost Accounting
ACCT557
Intermediate Accounting III
ACCT560
Advanced Studies in Federal Taxes and Management Decisions
ACCT563
Advanced Managerial Accounting Issues
ACCT564
International Accounting and Multinational Enterprises
ACCT567
Governmental and Not-for-Profit Accounting
ACCT568
Analytics for Accountants
ACCT571
Accounting Information Systems
ACCT573
Accounting Fraud, Criminology and Ethics
MGMT550
Managerial Communication
CAPSTONE
ACCT605
MAFM Capstone

Finance Emphasis

When you choose an emphasis in finance in your Master’s in Accounting and Financial Management program, you’ll gain an understanding of how to apply concepts in areas such as finance, financial management and financial analysis.

ACCOUNTING
ACCT503
Financial Accounting: Managerial Use and Analysis
ACCT505
Managerial Accounting
FIN515
Managerial Finance
FINANCE CORE
ACCT500
Essentials of Accounting, Finance and Economics
FIN516
Advanced Managerial Finance
FIN560
Securities Analysis
FIN564
Management of Financial Institutions
MATH534
Applied Managerial Statistics
MGMT501
Organizational Structures and Business Processes
FINANCE ELECTIVES
Three of:
BIAM500
Applications of Business Analytics I
FIN561
Mergers and Acquisitions
FIN565
International Finance
FIN575
Advanced Financial Statement Analysis
INTL500
Global Perspectives for International Business
CAPSTONE
ACCT605
MAFM Capstone

6Students in New York are not eligible for enrollment in the Master of Accounting and Financial Management program with an emphasis in Finance.

FAQs: Master's in Accounting and Financial Management

Should I get a master's in financial management or accounting?

Choosing which degree to pursue depends on your interests and career goals. At DeVry, for example, our Master’s in Accounting and Financial Management program allows you to choose an emphasis in General Accounting, CMA Exam Preparation, Finance or CPA Exam Preparation1. Core courses include Financial Accounting, Corporate Finance and Managerial Accounting.

On the other hand, our Master’s in Accounting program is designed specifically for individuals with an undergraduate specialization in accounting or finance. This program can benefit students preparing for the CPA exam as well as licensed CPAs furthering their education in order to pursue additional career goals, such as teaching. Coursework covers topics such as Current Issues in Accounting, and Professional Research for Accountants. Students seeking to take our CPA exam may also enroll in the CPA Exam Preparation courses.1

What can I do with a Master's in Accounting and Financial Management?

If you are interested in pursuing professional licensure such as a CPA, this program can help prepare you to pursue employment in one of the following positions:

  • Accountant
  • Accounting Manager
  • Auditor
  • Budget Analyst
  • Budget Director
  • Environmental Green Accountant
  • Financial Analyst

Requirements for CPA licensure vary by state. Persons interested in pursuing professional licensure as a CPA should contact the appropriate licensing entity (in most cases, the state board of accountancy) in the state in which you plan to practice in order to seek information and guidance regarding licensure requirements.

Is a Master's in Accounting and Financial Management worth it?

We think so! Many companies require accounting and finance professionals to hold a master's degree and some may also require professional certifications in addition to their master's degree. By earning a master's degree here at DeVry, you can gain an understanding of high-level accounting and financial management concepts and also prepare yourself to pursue opportunities such as the CPA exam at the same time.

Academic Catalog
2023 - 2024 Academic Catalog
Program Guides
Accounting and Financial Management: General Accounting
Accounting and Financial Management: Finance
Accounting and Financial Management: CMA Exam Preparation
Accounting and Financial Management: CPA Exam Preparation

*Accelerated schedule does not include breaks and assumes 3 semesters of year-round, full-time enrollment in 10 credit hours a semester per 12 month period. 
**Normal schedule does not include breaks and assumes 2 semesters of enrollment in 6 credit hours per semester per 12 month period. 
1Credits and degrees earned from DeVry, including Keller, do not automatically qualify the holder to sit for professional licensing exams to practice certain professions. For example, the educational requirements for Certified Public Accountant (CPA) licensure and/or certification vary by state (and U.S. territory). The differences in the number of accounting course hours and the specific accounting course topics required may impact a student's ability to sit for the Uniform CPA exam and apply for licensure in different jurisdictions. Students interested in practicing a regulated profession must contact the appropriate state regulatory agency for licensing requirements in their field of interest and Students are responsible for contacting the state board of accountancy for the jurisdiction in which they are applying to confirm whether they have completed the appropriate credit hours and coursework to qualify to take the CPA exam. DeVry University and its Keller Graduate School of Management are not able to advise on or determine if or when any student may be eligible to sit for the CPA exam or otherwise satisfy licensing criteria in any state. Visit https://www.devry.edu/compliance/student-consumer-info.html#cpa for additional information.
2Student Achievement At-a-Glance - Available for all of DeVry and Keller's ACBSP accredited programs. For a full list of DeVry University's business and accounting degree programs accredited by ACBSP, please see the Accreditation page.
3Students in New York are not eligible for enrollment in the Master of Accounting and Financial Management program with an emphasis in Certified Public Accountant Exam Preparation.
4Students enrolling in the MAFM program and selecting the Certified Public Accountant Exam Preparation Emphasis are expected to have knowledge of content in introductory accounting and finance courses, including ACCT503, ACCT505 and FIN515. Such students may not take these introductory courses to fulfill MAFM program requirements. Students may not self-register for courses requiring these courses as prerequisites; a student support advisor registers students for such courses.
5Credits and degrees earned from Keller do not automatically qualify the holder to participate in professional licensing exams required to practice certain professions. Persons interested in practicing a regulated profession must contact the appropriate state regulatory agency for their field of interest.
6Students in New York are not eligible for enrollment in the Master of Accounting and Financial Management program with an emphasis in Finance.