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Cost accounting manager education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a cost accounting manager. Cost accounting managers usually study accounting, business, or finance. 78% of cost accounting managers hold a bachelor's degree, and 14% hold an master's degree. We analyzed 2,757 real cost accounting manager resumes to see exactly what cost accounting manager education sections show.

The most common colleges for cost accounting managers are the University of Phoenix and the University of Phoenix.

There are also many online cost accounting manager courses to help get the education required to be a cost accounting manager.

There are certain cost accounting manager certifications that you should consider. These cost accounting manager certifications include Certified Public Accountant (CPA) and Certified Management Accountant (CMA).

What education do you need to become a cost accounting manager?

What degree do you need to be a cost accounting manager?

The most common degree for cost accounting managers is bachelor's degree, with 78% of cost accounting managers earning that degree. The second and third most common degree levels are master's degree degree at 14% and master's degree degree at 5%.
  • Bachelor's, 78%
  • Master's, 14%
  • Associate, 5%
  • High School Diploma, 1%
  • Other Degrees, 2%

What should I major in to become a cost accounting manager?

You should major in accounting to become a cost accounting manager. 50% of cost accounting managers major in accounting. Other common majors for a cost accounting manager include business and finance.

Most common colleges for cost accounting managers

Cost accounting managers often get their degrees at University of Phoenix, San Jose State University, and California State University - San Bernardino. Here are the most common colleges for cost accounting managers in the US based on their resumes.
Cost accounting manager common collegePercentages
University of Phoenix10.49%
San Jose State University9.79%
California State University - San Bernardino9.09%
University of Wisconsin - Stevens Point5.59%
University of Illinois at Chicago4.90%

Best majors for cost accounting managers

RankMajorPercentages
1Accounting50.5%
2Business27.7%
3Finance8.8%
4Management2.2%
5Economics2.2%

Best colleges for cost accounting managers

The best colleges for cost accounting managers are Northwestern University, University of Pennsylvania, and Boston University.

A cost accounting manager with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for cost accounting managers. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become cost accounting managers.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-state tuition

$9,808

Enrollment

13,990

5. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

6. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

7. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

8. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Enrollment

9,394

9. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

10. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

20 best online courses for cost accounting managers

Advertising disclosure

1. Cost Accounting

coursera

View the Specialization trailer: https://www.youtube.com/watch?v=XE5Rx91bdYw\n\nMany corporate decisions need cost accounting information. When you know the costs of your products, you will make better pricing decisions and you can better choose which products to offer. When you know the costs of your departments, you can better detect inefficiencies and you can better incentivize your employees.\n\nIn this Specialization, you will learn the fundamentals of cost accounting. Three courses cover...

2. Cost Accounting: Decision Making

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In the third course, you will learn how to use information from cost accounting to improve managerial decision-making. We discuss business decisions and suggest how cost information can support them best. For example, how will costs change if managers adjust cost drivers? How many units do companies need to sell in order to avoid losses or to achieve a targeted profit? How can managers improve pricing or product programs with information from cost accounting?...

3. Cost Accounting: Introduction to Management Accounting

udemy
4.6
(1,071)

Learn Cost Accounting for Management. Includes Process Costing, ABC Systems, Variance Analysis, Cash Budgets and more...

4. Cost Accounting and Financial Management - A Complete Study

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4.8
(268)

Learn theory and practical concepts in Cost Accounting and Financial Management with loads of video lectures...

5. Basics of Cost Accounting: Product Costing

coursera

The core of the first course is to learn how companies record total costs and calculate unit costs for their individual products or services. For example, how can a car manufacturer figure out the costs of an individual car series? During the first weeks, participants learn what costs are and how to distinguish them from expenses or cash flows. Participants will understand how companies record total costs and distinguish important cost types such as material costs, personnel costs, or...

6. Financial Accounting - Inventory Costs

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4.3
(254)

Mastering Inventory Costs & Flows: An In-Depth Guide to Accounting for Inventory in Business Operations...

7. Financial Accounting-Inventory & Merchandising Transactions

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4.8
(267)

Mastering Inventory Accounting: From Merchandising Transactions to Cost Flow Assumptions...

8. Managerial (Cost) Accounting For Beginners

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4.4
(1,732)

Management accounting for managers and students. Learn managerial and cost accounting. #1 accounting course online...

9. Managerial Accounting & Bookkeeping (Cost Accounting)

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4.6
(297)

Management Accounting & Bookkeeping Basics. Accounting & Bookkeeping Concepts. Learn Accounting & Bookkeeping...

10. Cost Accounting - A Comprehensive Study for CA/CMA/CS /ACCA/

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4.7
(363)

Learn basic to advanced concepts in Cost Accounting comprehensively...

11. Managerial and Cost Accounting: A Comprehensive Guide

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4.6
(1,763)

Unlock Financial Insights, Make Informed Decisions: Optimize Business Performance, Maximize Profitability...

12. Basics of Accounting

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4.3
(333)

Accounting Concepts & Principles...

13. Financial Accounting-Adjusting Entries & Financial Statement

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4.6
(930)

Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...

14. Financial Accounting: The Complete Introductory Crash Course

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4.5
(1,604)

Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

15. Flexible Budgets, Standard Costs, & Variance Analysis

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4.4
(289)

Maximizing Financial Insight: Mastering Variance Analysis and Budgeting for Strategic Decision-Making...

16. Financial Accounting & Excel-Comprehensive Accounting Course

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4.3
(736)

Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...

17. Financial Accounting - Subsidiary Ledgers & Special Journals

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4.5
(580)

Mastering Special Journals and Subsidiary Ledgers: A Comprehensive Guide to Streamlined Accounting Practices...

18. Financial Accounting-Depreciation Calculation & Fixed Assets

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4.5
(341)

Optimizing Asset Management: Comprehensive Guide to Property, Plant, and Equipment Accounting...

19. Financial Accounting-Debits & Credits-Accounting Transaction

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4.5
(781)

Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...

20. Principles of Financial Accounting

udemy
4.5
(875)

Learn the complete accounting cycle -recording business transactions to presenting the Balance Sheet & Income Statement...

Top 10 most affordable universities for cost accounting managers

The most affordable schools for cost accounting managers are SUNY Farmingdale, baruch college of the city university of new york, and brooklyn college of the city university of new york.

If the best universities for cost accounting managers are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for cost accounting managers.

1. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

2. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

3. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

4. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

5. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

6. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

7. SUNY Polytechnic Institute

Utica, NY • Private

In-state tuition

$8,238

Cost of attendance

21,567

8. Minot State University

Minot, ND • Private

In-state tuition

$7,064

Cost of attendance

15,576

9. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

10. Clayton State University

Morrow, GA • Private

In-state tuition

$5,419

Cost of attendance

17,697

Top 10 hardest universities to get into for cost accounting managers

The hardest universities for cost accounting managers to get into are Northwestern University, University of Pennsylvania, and Boston University.

Some great schools for cost accounting managers are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for cost accounting managers based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

4. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

5. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

6. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

7. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

8. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

9. SUNY at Binghamton

Vestal, NY • Private

Admissions rate

40%

SAT average

1,376

10. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

Top 10 easy-to-apply-to universities for cost accounting managers

The easiest schools for cost accounting managers to get into are Notre Dame de Namur University, oklahoma wesleyan university, and holy names university.

Some schools are much easier to get into. If you want to start your career as a cost accounting manager without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for cost accounting managers.

1. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

2. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

3. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

4. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

5. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

6. Nyack College

New York, NY • Private

Admissions rate

98%

SAT average

999

7. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

8. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

9. Manor College

Jenkintown, PA • Private

Admissions rate

94%

SAT average

898

10. Curry College

Milton, MA • Private

Admissions rate

93%

SAT average

1,026

Average cost accounting manager salary by education level

According to our data, cost accounting managers with a Doctorate degree earn the highest average salary, at $110,315 annually. Cost accounting managers with a Master's degree earn an average annual salary of $106,283.
Cost accounting manager education levelCost accounting manager salary
Master's Degree$106,283
High School Diploma or Less$81,727
Bachelor's Degree$96,015
Doctorate Degree$110,315
Some College/ Associate Degree$81,719

Cost accounting manager education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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