Is there a difference in job opportunities for those with associate's degrees, bachelor's degrees, or a certificate in accounting? Which option would be best for someone who already has a bachelors in an unrelated field to pursue if they wanted to become an accountant?
I am finishing up my degree in Psychology but am considering a career as an accountant. I could get a second Bachelor's in accounting, an associate's in accounting, or a Post-Baccalaureate Certificate in accounting. Which would be the better option? #accounting #accountant #business #financial-accounting #finance
11 answers
Eleanor’s Answer
Another option is taking a tax certification course through one of the major tax firms (H&R Block for example) and working as a tax preparer, which would not require a degree (though it helps). You can determine how much you want to pursue the profession before committing yourself to another degree.
Good luck!
Huong’s Answer
Since you have to take a significant number of accounting/business classes anyway, I'd say to go for a Master and CPA exams if it's financially feasible for you. If not, taking additional classes to fulfill CPA exams' requirements is totally ok. As long as you could use the school's connection to get an internship, you will be fine. I've seen candidates with relevant experience being chosen over ones with master degree so while a master degree does have an edge but the more valuable quality is experience in the field and the second is CPA license.
Best of Luck!
Niki’s Answer
Samantha’s Answer
I would recommend pursuing a Master’s degree in Accounting. There are many Master’s of Science programs that are friendly to individuals who are making a career change and do not have an undergraduate background in accounting, and I definitely saw that in my M.S. in Accounting program. Some M.S. in Accounting programs may have a few prerequisite accounting courses for individuals who did not study business or accounting in college, but you can often find budget friendly ways to take these basic accounting classes at community colleges or universities local to you or even online. Taking these prerequisite accounting courses could also be a great way to confirm that you do enjoy accounting and want to make this career switch. I would recommend looking into prerequisites for M.S. in Accounting programs you might be interested in to see if which programs might be the best fit for someone switching careers. Speaking to admissions officers for these programs could also be a great way to better understand any requirements you might need to meet before enrolling. I would also recommend researching the education requirements for becoming a Certified Public Accountant (CPA) in whatever state you want to work in, as having your CPA or even just being eligible for CPA certification (even if you haven’t finished passing the exams yet) will provide you with more job opportunities. Certain states will have stricter education requirements than others, so it’s important to ensure that whatever graduate programs you enroll in will help you meet those requirements. Additionally, you’ll need to pass 4 accounting exams to become a CPA and the study process can be long and difficult at times, so I would recommend looking for a M.S. in Accounting program that provides a lot of support in helping their students prepare for and pass the CPA exams. Best of luck on your journey! Making a career switch can be challenging, but there are definitely resources to help you as you transition into a new industry!
Samantha recommends the following next steps:
Omoyemi Florence’s Answer
Alyssa’s Answer
Alyssa recommends the following next steps:
Supreet’s Answer
I think Masters in Accounting would open up so many more opportunities for you. And Accounting is one of the few fields that allow you to go for Masters in Accounting even if you don't have a Bachelors in Accounting. No certificate or post baccalaureate certification will be as helpful as Masters in Accounting. Once you are in the accounting field, you can go many different routes in Accounting, depending on your interests. Hope this helps.
Good luck!
Supreet recommends the following next steps:
Anthony Kofi Hene-Amoah
Anthony’s Answer
1. Possession of a bachelor's
degree in an unrelated field.
2. Consideration of your major
goal (BECOMING AN
ACCOUNTANT).
3. The need to study accounting.
(It could be a certificate in
accounting level which can get
you a job, and thereby
proceeding to the professional
level later).
4. Best wishes.
Kevin’s Answer
Winnie’s Answer
I would recommend pursuing a Master's in Accounting because you will have more opportunities and flexibility when you want to try different accounting careers. Since you already have a Bachelor's degree, universities have programs for non accounting majors to pursue a graduate degree. There are prerequisites that have to be taken but it will cost considering doing another bachelor's degree.
Catherine’s Answer
I think the degrees and certifications are good but in my opinion, the fastest/best way in your case to become an Accountant is to gain the experience first. I would recommend that you look for a job in the accounting industry to gain some of those experiences while pursuing the accounting degree or the more prestigious CPA credential.
When it comes to accounting, most people mention audit, tax, and consulting... but my life as an accountant is in the 4th category: business management. I am a personal CFO (aka Business Manager) for the clients, managing their accounting, bookkeeping, tax planning, and everything else related to their financial universe. We connect with vendors, insurance brokers, estate and entertainment attorneys, etc. Some of our people are Accounting majors, but some are not... or didn't start as one, similar to you, Margaret...
Hope this helps! Best of luck on your accounting journey...