M.S. in Accounting - STEM
36
Credit Hours
17
Month Completion
Class Type
Next Start Date
Aug 18, 2025
Placement Tests
GMAT/GRE not required for admission

Lead the future of finance with an M.S. Accounting STEM degree

Thinking beyond the numbers isn’t easy – but it is how finance works today. To be competitive in a fierce job market, accounting and financial professionals need traditional accounting expertise as well as mastery of sophisticated data analysis techniques. Franklin’s STEM-designated M.S. in Accounting helps you build the skills needed to turn data into insight, manage financial risk with confidence, and leverage technology to improve how accounting is done. With a CPA-aligned curriculum and embedded industry certifications, our M.S. in Accounting STEM will prepare you to prove to employers that you're a professional with deep accounting and technology know-how.

Program Availability

On Site

Future-Forward Accounting

Integrate traditional finance with modern tech.

STEM-Designated Degree

Keep pace with automation and analytics.

Credentials that Count

Graduate with industry-recognized certifications.

CPA-Aligned Curriculum

Meet the 150-hour requirement.

Finish Faster

Earn your M.S. Accounting STEM in as few as 17 months.

100% Online Classes

Take classes that fit your busy life.

M.S. in Accounting - STEM

Rethink what an M.S. in Accounting can do for your career

Accounting has changed, and so have expectations for professionals. Finance leaders need more than number-crunching skills. They need to be able to work fluently and fluidly across automation, analytics and digital systems.

Franklin’s M.S. Accounting STEM program is designed for accountants who want to think bigger and lead better. With our STEM-designated M.S. in Accounting, you’ll learn how to analyze financial trends, synthesize complex data, and bring clarity to high-stakes decisions. 

From corporate finance to public accounting to emerging fields like audit analytics and information risk, you'll be prepared for roles that didn’t exist even a few years ago. Because our M.S. Accounting STEM program blends technical rigor and strategic thinking, you’ll be equipped to lead in a wide range of industries and across a variety of settings.

Gain advanced, in-demand skills for today's tech-driven accounting

Franklin’s STEM-designated M.S. in Accounting is not your typical accounting degree. This is the M.S. in Accounting for the digital age, designed for professionals who want to think strategically, work efficiently, and lead with data. At Franklin, you’ll go beyond the usual accounting fundamentals to explore the automation, analytics and intelligent systems that are redefining finance.

With our M.S. in Accounting STEM degree, you won’t just hear about must-have and emerging tech tools, you’ll actually put them to use in real-world scenarios. That's because we've integrated Excel, Tableau, Power BI, SQL, and RPA throughout our curriculum, as well as embedded certifications so you can demonstrate your skills to employers even before you graduate.

Learn by Doing, Lead by Knowing

Franklin’s STEM-designated M.S. in Accounting does more than prepare you to meet accounting standards. It equips you to spot trends, anticipate risks and deliver insights that help organizations thrive. You’ll sharpen your decision-making skills and learn how to contribute at a strategic level where accounting becomes a business advantage.

Our program emphasizes accuracy, strategy and forward-thinking analysis, so you’ll learn how to move from reporting the numbers to shaping what happens next. Whether you're guiding audits, managing risk, or stepping into a leadership role, you'll be ready to make an impact where it matters most: the bottom line.

Franklin’s M.S. Accounting STEM degree also aligns with the latest CPA exam updates (including the new focus on information systems and controls), so you’re not just learning, you’re positioning yourself to lead. Whether you're planning to sit for the CPA exam or move up in any of the emerging disciplines within the field, Franklin’s M.S. in Accounting STEM degree gives you the tech fluency and accounting expertise needed to succeed.

Finish your M.S. Accounting STEM degree in less than 2 years

At Franklin, you don’t need to put your life on hold to move your career forward. With 100% online or on-campus classes, Franklin’s STEM-designated M.S. in Accounting degree lets you do it all.

With practical, focused coursework and hands-on instruction from experienced business and finance professionals, you’ll learn how to apply data analytics, financial modeling and strategic thinking to solve real-world business challenges and take your career to a higher level in as few as 17 months.

Accredited and nonprofit, Franklin was built from the ground up to satisfy the needs of adult learners. Our seamless admission process and team of academic advisors will help ease your transition to becoming a student, while our flexible course schedules help to balance your education with work, family and life.

 

Read more >

Future Start Dates

Start dates for individual programs may vary and are subject to change. Please request free information & speak with an admission advisor for the latest program start dates.

Fall 2025
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Your Best Value M.S. in Accounting STEM

Choose Franklin's accredited M.S. in Accounting STEM and get a high-quality degree that fits your life and your budget.

Affordable Tuition

$670
PER CREDIT HOUR

Affordable tuition rates for the M.S. in Accounting STEM provide value and quality.

Finish Faster

17
MONTHS TO COMPLETE

Realize your career goals sooner.

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Search below to see if you could save tuition through an employer or professional organization partnership.

$0
Total Tuition
(After Partner Discount)

Instructor Led

Online courses taught by in-field experts = a winning combo for you.

Tuition Guarantee

Inflation-proof your degree cost by locking-in your tuition rate from day one through graduation.

Highly Recommended

98%
STUDENT SATISFACTION

98% of graduating students would recommend Franklin to their family, friends and/or colleagues.

Source: Franklin University, Office of Career Development Student Satisfaction Survey (Summer 2023)

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M.S. in Accounting STEM Courses & Curriculum

36 Semester Hours
Major Area Required
ACCT 700 - Introduction to Research in Accounting and Taxation (4)

A study of the fundamentals of research processes in accounting and taxation. The primary focus of the course will be on analyzing specific accounting and tax issues and utilizing appropriate accounting and tax authorities to determine appropriate conclusions for decision making. Communication of the research, analysis, and conclusion will be in the format of written and verbal contexts. Professional standards and laws, as well as legal, ethical, and regulatory issues will be introduced.

ACCT 715 - Financial Accounting Theory (4)

A study of financial accounting theory as it relates to decision making in a contemporary, global financial reporting environment. Key areas of concentration include development of accounting theory, international financial accounting standards, revenue recognition, review of financial statements and their components, working capital, income taxes, leases, post-retirement benefits, and business combinations.

ACCT 725 - Management Control Processes & Systems (4)

A management system is a set of policies, processes, and procedures used by an organization to ensure it can fulfill the tasks required to achieve its objectives. During this course, we will analyze various management systems used by managers to ensure goals and strategies are being implemented throughout the organization. Case analysis and research are emphasized.

ACCT 733 - Advanced Auditing and Data Analytics (4)

A study of auditing issues from case studies and application of data mining techniques in solving audit issues. Key area of concentration with case studies include client acceptance, understanding client business, audit risk assessment, materiality, fraud considerations, internal control objectives and deficiencies, auditing business processes and related accounts, and professional and ethical responsibilities. Key areas of focus with data mining techniques include application with ACL software tables, filters, and commands; audit planning; test of transactions and test of balances. Students will also explore the use of ACL software for forensic auditing and management reports.

ACCT 760 - Accounting Data Analytics I (4)

Accounting Data Analytics I introduces the fundamentals of data analytics within the context of accounting. This course equips students with the skills to analyze, interpret, and communicate data-driven insights effectively. Students will learn to apply statistical techniques, data visualization tools, and analytical software relevant to accounting practices. The course emphasizes practical applications in financial and managerial reporting, tax planning, and auditing, preparing students for data-driven decision-making in accounting environments.

ACCT 770 - Accounting Data Analytics II (4)

Building on the foundation established in Accounting Data Analytics I, Accounting Data Analytics II delves into advanced data analytics methodologies and their applications in accounting. This course challenges students to solve complex accounting problems using big data, predictive analytics, and machine learning algorithms. Emphasis is placed on the integration of advanced analytical techniques in strategic financial decisions, risk assessment, and optimization of accounting processes. Students will engage in hands-on projects that simulate real-world accounting scenarios requiring sophisticated data-driven strategies.

ACCT 780 - Information Risk Management (4)

Information Risk Management provides a comprehensive overview of risk management principles and practices in the digital era, with a focus on information security within accounting and financial contexts. This course covers risk assessment methodologies, the development and implementation of risk management strategies, and the use of technology to mitigate information risks. Students will learn about the regulatory environment, ethical considerations, and the role of corporate governance in managing information risks. Case studies and simulations will be used to explore the complexities of safeguarding digital assets and ensuring data integrity in accounting practices.

ACCT 795 - Accounting Research Seminar (4)

This seminar course will provide students with a capstone experience of their academic studies. Students will research and analyze recent literature, both professional and academic, in accounting, focusing on the impact of current developments in various areas of the accounting profession. Students will also apply accounting research strategies, learned over the course of their studies in the program, to a topic agreed upon by the student and professor. Students will present their research findings to colleagues at the end of the course.

ACCT 605 - Financial Analysis and Decision Making Using Microsoft Excel (4)

This course provides an in-depth exploration of financial statement analysis, forecasting, budgeting, and capital budgeting techniques essential for financial decision-making. Using Excel as a foundational tool, students will gain hands-on experience in building, analyzing, and interpreting financial statements, cash budgets, and financial forecasts. Emphasis will be placed on using advanced Excel functionalities, including custom formatting, tables, pivot tables, and data transformation, to streamline analysis and improve readability.

Corequisites

Complete one of the following:

ACCT 215 - Financial Accounting (4)

This course is an introduction to accounting, emphasizing how general-purpose financial statements communicate information about the business corporation's performance and position for users external to management. Approximately one third of the course emphasizes how the accountant processes and presents the information and includes exposure to recording transactions, adjusting balances and preparing financial statements for service and merchandise firms according to established rules and procedures. The balance of the course examines major elements of the statements such as cash, receivables, inventory, long-lived assets, depreciation, time value of money, payroll, bonds, and other liabilities and stocks. Concepts of this course are applied to ACCT 225 (Managerial Accounting). Students are advised to avoid any time lapse between these two courses.

ACCT 225 - Managerial Accounting (4)

The study of management accounting for internal reporting and decision-making. The course introduces a business-management approach to the development and use of accounting information. Major topics include cost behavior, cost analysis, profit planning and control measures. Accounting for decentralized operations, capital budgeting decisions, and ethical challenges in managerial accounting are also covered.

OR

OR

ACCT 729 - Financial & Managerial Accounting (4)

Effective leadership in today's complex and highly regulated business environment demands more than a working knowledge of basic accounting practices. Managers must fully grasp sophisticated financial and managerial accounting concepts and be able to apply them with ease in handling day-to-day responsibilities. Managers must also be well versed in the intricacies of corporate governance and asset protection. In this course, students will develop a clear understanding of these critical functions and issues. Students will study the foundational aspects of financial accounting, including professional structure, the interrelationships of financial statements, and multiple forms of financial analysis. Additionally, the functional aspects of managerial accounting will be covered, including planning, decision making, and performance evaluation.

AND

Complete one of the following:

Complete the above courses or the equivalent from an accredited school. Undergraduate prerequisites must be completed with a grade of C or better. Graduate prerequisites must be completed with a grade of “B-“ or higher.

OR

OR

ACCT 310 - Intermediate Accounting I (4)

Intermediate Accounting I is the first of two in-depth financial accounting courses. Theory, the conceptual framework, development of generally accepted accounting principles, and applications are stressed. Topics include the income statement, statement of cash flows and, the balance sheet, specifically the asset accounts.

ACCT 320 - Intermediate Accounting II (4)

This course is the second of two in-depth financial accounting courses. Theory, concepts, and applications are stressed. Topics include time value of money, current and non-current liabilities, leases, deferred taxes, retirement benefits, stockholders' equity, earnings per share, accounting changes and errors, and the statement of cash flows.

OR

OR

ACCT 500 - Intermediate Accounting (4)

This course covers how general purpose financial statements communicate information about the business corporation's performance and position for users external to management. Approximately one third of the course emphasizes how the accountant processes and presents the information and includes exposure to recording transactions, adjusting balances and preparing financial statements for service and merchandise firms according to established rules and procedures. The balance of the course covers the conceptual framework, development of generally accepted accounting principles, and applications are stressed. Topics include the income statement, the statement of cash flows and the balance sheet.

AND

ACCT 470 - Auditing (4)

A study of the planning, evidence gathering, internal control review, sampling, and application of procedures used to audit assets, liabilities, equity and related income statement accounts of a profit-oriented enterprise. Includes an evaluation of the audit profession including professional standards, ethics and liability of CPAs. Also includes a student-prepared audit case for hands-on application of audit procedures. The reporting requirements for compilation and review services and a thorough study of the types of audit opinions will also be studied. In addition, an audit research paper is required.

M.S. in Accounting - STEM Program Details

Employment Outlook

11%

From 2023-2033, jobs in Accounting are expected to increase by 11%

Occupation Median Salary (2023) Job Postings (2023) Projected Growth (2023-2033)
Occupation
Chief Executives $206,690 56,511 -4%
Chief Executives
Median Salary: $206,690
Job Postings: 56,511
Projected Growth: -4%
Occupation
Job Titles
Skills
Industry
Description

Chief Executives determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

Projected Growth
Job TitleJob Postings% of Job Postings
Chiefs of Staff8,10014%
Chief Executive Officers4,6478%
Chief Operating Officers5,0549%
Assistant Managers7,66214%
Equipment Associates3,8617%
Show More
SkillJob Postings% of Total Postings
Finance11,96614%
Marketing10,18212%
Project Management10,17812%
Accounting7,3919%
Auditing7,0868%
Show More
 
Industry% of Occupation in Industry
Local Government, Excluding Education and Hospitals8%
Management of Companies and Enterprises7%
Computer Systems Design and Related Services5%
Management, Scientific, and Technical Consulting Services5%
Education and Hospitals (Local Government)5%
State Government, Excluding Education and Hospitals4%
Other67%
Financial Managers $156,104 412,722 19%
Financial Managers
Median Salary: $156,104
Job Postings: 412,722
Projected Growth: 19%
Occupation
Job Titles
Skills
Industry
Description

Financial Managers plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Projected Growth
Job TitleJob Postings% of Job Postings
Controllers74,53218%
Branch Managers51,49213%
Tax Managers52,48213%
Accounting Managers42,03010%
Finance Managers24,5216%
Show More
SkillJob Postings% of Total Postings
Accounting216,47860%
Finance182,65051%
Financial Statements119,52433%
Auditing110,14831%
Generally Accepted Accounting Principles72,67220%
Show More
 
Industry% of Occupation in Industry
Depository Credit Intermediation11%
Management of Companies and Enterprises10%
Accounting, Tax Preparation, Bookkeeping, and Payroll Services6%
Insurance Carriers5%
Other Financial Investment Activities4%
Securities and Commodity Contracts Intermediation and Brokerage3%
Other60%
Budget Analysts $84,947 18,474 8%
Budget Analysts
Median Salary: $84,947
Job Postings: 18,474
Projected Growth: 8%
Occupation
Job Titles
Skills
Industry
Description

Budget Analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Projected Growth
Job TitleJob Postings% of Job Postings
Budget Analysts13,27872%
Budget Specialists9495%
Budget Managers5743%
Budget Management Analysts3972%
Budget Coordinators4502%
Show More
SkillJob Postings% of Total Postings
Budget Analysis6,77864%
Accounting6,20559%
Finance5,42251%
Financial Statements2,80927%
Financial Management2,71026%
Show More
 
Industry% of Occupation in Industry
Federal Government, Civilian28%
State Government, Excluding Education and Hospitals13%
Local Government, Excluding Education and Hospitals11%
Education and Hospitals (State Government)8%
Management of Companies and Enterprises6%
Education and Hospitals (Local Government)4%
Other31%
Financial Examiners $84,302 8,545 21%
Financial Examiners
Median Salary: $84,302
Job Postings: 8,545
Projected Growth: 21%
Occupation
Job Titles
Skills
Industry
Description

Financial Examiners enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

Projected Growth
Job TitleJob Postings% of Job Postings
Representative Mobile Examiners1,80321%
BSA Analysts1,19114%
Financial Examiners6688%
Field Examiners7629%
Examiners6948%
Show More
SkillJob Postings% of Total Postings
Anti Money Laundering2,75043%
Bank Secrecy Act2,15734%
Auditing1,95631%
Accounting1,39022%
Office Of Foreign Assets Controls1,30620%
Show More
 
Industry% of Occupation in Industry
Depository Credit Intermediation34%
Federal Government, Civilian11%
Management of Companies and Enterprises9%
State Government, Excluding Education and Hospitals8%
Other Financial Investment Activities8%
Securities and Commodity Contracts Intermediation and Brokerage6%
Other24%
Accountants and Auditors $79,893 481,053 10%
Accountants and Auditors
Median Salary: $79,893
Job Postings: 481,053
Projected Growth: 10%
Occupation
Job Titles
Skills
Industry
Description

Accountants and Auditors examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

Projected Growth
Job TitleJob Postings% of Job Postings
Accountants170,30835%
Staff Accountants93,80620%
Tax Accountants31,4037%
Internal Auditors16,8224%
Audit Managers22,2985%
Show More
SkillJob Postings% of Total Postings
Accounting278,55588%
Auditing184,69858%
Financial Statements142,67645%
Finance137,28043%
Generally Accepted Accounting Principles102,19432%
Show More
 
Industry% of Occupation in Industry
Accounting, Tax Preparation, Bookkeeping, and Payroll Services25%
Management of Companies and Enterprises7%
Local Government, Excluding Education and Hospitals3%
Management, Scientific, and Technical Consulting Services3%
State Government, Excluding Education and Hospitals3%
Computer Systems Design and Related Services2%
Other58%
Occupation
Job Titles
Skills
Industry
Description

Credit Analysts analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.

Projected Growth
Job TitleJob Postings% of Job Postings
Credit Analysts9,78949%
Credit Managers2,48812%
Credit Assistant Managers1,4837%
Commercial Credit Analysts1,2126%
Credit Portfolio Managers1,0725%
Show More
SkillJob Postings% of Total Postings
Finance5,68241%
Accounting5,46239%
Loans4,83335%
Financial Statements3,71427%
Underwriting3,49325%
Show More
 
Industry% of Occupation in Industry
Depository Credit Intermediation42%
Nondepository Credit Intermediation13%
Management of Companies and Enterprises11%
Activities Related to Credit Intermediation7%
Other Financial Investment Activities5%
Securities and Commodity Contracts Intermediation and Brokerage4%
Other17%
Occupation
Job Titles
Skills
Industry
Description

Tax Examiners and Collectors, and Revenue Agents determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

Projected Growth
Job TitleJob Postings% of Job Postings
Tax Analysts6,67239%
Indirect Tax Analysts1,2647%
Tax Examiners7544%
Internal Revenue Agents6584%
Revenue Specialists9395%
Show More
SkillJob Postings% of Total Postings
Accounting7,13464%
Auditing4,73243%
Finance4,23338%
Tax Returns3,60332%
Income Tax2,82525%
Show More
 
Industry% of Occupation in Industry
Federal Government, Civilian44%
State Government, Excluding Education and Hospitals37%
Local Government, Excluding Education and Hospitals19%
Other0%
Show More

Employment outlook data is provided by Lightcast and represents labor market trends in the United States. It is not specific to Franklin University graduates or any particular degree level. Franklin University cannot guarantee employment placement, salary level, or career advancement.

M.S. in Accounting STEM Knowledge & Skillsets

Gain in-demand skills sought by employers with curriculum that teaches you:

Find the Master’s Program That Fits Your Goals

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M.S. Accounting -STEM
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M.S. Accounting – Financial Operations Focus
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M.S. Accounting - Taxation Focus
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MBA-STEM Accounting

Focus:
Traditional accounting knowledge + data and automation

Skills:
CPA-aligned curriculum with embedded certificates in Excel, Tableau, Alteryx Core and RPA

Careers:
CPA, data-driven accountant, auditor, forensic analyst

How many courses are in the program?
Nine courses (Five 12-week courses and Four 6-week courses)

How quickly can I complete the program?
17 months

Focus: 
Big picture accounting systems and processes

Skills: 
Forensic accounting, auditing and data mining, risk analysis and management and ERP systems

Careers: 
Public accounting, private industry or government

How many courses are in the program?
Eight 12-week courses

How quickly can I complete the program?
17 months

Focus:
Critical tax issues

Skills:
Tax code, regulations, case law and rulings, as well as how they are applied

Careers:
In-house for organizations, accounting firms or public sector

How many courses are in the program?
Eight 12-week courses

How quickly can I complete the program?
17 months

Focus: 
Technology-enhanced financial reporting and business strategy

Skills: 
Automation, business intelligence tools and financial modeling

Careers: 
Leadership roles in accounting and finance

How many courses are in the program?
11 (Nine 6-week courses and Two 12-week courses)

How quickly can I complete the program?
18 months

M.S. in Accounting STEM FAQs

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