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Associate of Management: Accounting Degree Overview

Oct 10, 2019

While Associate of Management programs are uncommon, an associate degree program in management and accounting provides students with a fundamental business background and an understanding of basic accounting practices.

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Essential Information

A degree in management and accounting allows individuals the opportunity to learn the skills necessary to manage a business and finances. Associate degree programs typically take two years to complete. Students must hold a high school diploma or GED equivalent for admission.


Associate Degree in Management and Accounting

Coursework can allow students to develop skills in financial reporting, inventory control, data management, cost analysis, and other areas needed for entry-level management accounting positions. Classes may include:

  • Accounting
  • Economics
  • Tax preparation
  • Management
  • Marketing
  • Business fundamentals and law

Popular Career Options

Associate degree programs in management and accounting can prepare students for entry-level employment performing tasks in areas like data processing, records management, loan monitoring, and revenue balancing. These professionals may hold titles such as:

  • Administrative service managers
  • Accounting clerks
  • Bookkeepers

Employment Outlook and Salary Information

The U.S. Bureau of Labor Statistics (BLS) reports that bookkeeping, accounting and auditing clerks should have 4% employment decline over the decade spanning 2018-2028 (www.bls.gov). The May 2018 median wage for these clerks was $40,240. Growth at a rate of 7% is expected for administrative services managers over the 2018-2028 decade. The BLS reported a May 2018 median wage for these managers of $96,180.

Continuing Education and Certification Information

Typically, an accountant is required to have a bachelor's degree to obtain employment. These programs are commonly available as Bachelor of Business Administration programs with an accounting concentration. At this level, students may gain certification as a Certified Management Accountant through the Institute of Management Accountants.

Beyond the bachelor's degree level, students may enroll in a Master of Business Administration with an accounting focus or a Master of Accountancy. These programs can prepare students for advanced roles, such as administrative or management positions, in business settings. Typically, master's degree programs can allow students to meet the 150-credit-hour minimum that is required in most states to sit for the Certified Public Accountant (CPA) examination.

An associate degree in management and accounting prepares students for entry-level positions in the accounting field. Beyond these two years of school, students may wish to earn a bachelor's degree to advance and become accountants.

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