How Long Does It Take To Become An Accountant
If you want to become an accountant, you would have to prepare to take quite a number of credits in college. Typically, you would need to undergo a 4-year accounting course from an accredited university. If you would like to take a Certified Public Accountant Exam, or CPA, you would need to study for this exam as well, but not before you have worked for a minimum of 2 years in public accounting.
So this means, if you would like to earn more as an accountant, you would have to pass the CPA Exam, giving you a total of 6-7 years’ worth of preparation. This is the minimum because if you failed the exam, you would have to prepare to take it again, adding a year in the process.
Master’s Degree In Accountancy
But if you have higher ambitions aside from passing the CPA Exams, you can take a Master’s Degree in Accountancy. This can also called as Master of Professional Accountancy or Master of Science in Accountancy. Whichever way you call it, it is the further studying of Advanced Accountancy. It covers topics such as advanced accounting courses, taxation and may also have business electives. Studying these courses can take up to a year and a half to two years, depending on your schedule and how well you did on the course.
Many accountants who acquired master’s degree enter the corporate world and obtain licenses to become Certified Management Accountants or CMA’s. Other accountants who want to further their careers in auditing firms obtain licenses to become Certified Internal Auditors.
PhD In Accountancy
Accountants who want to pursue a career as a member of the academe would want to consider getting a Doctorate Degree. Many colleges and universities, due to lack of accounting professors with a PhD, have started to offer very attractive compensations for would be professors. If you think you have a knack for teaching and definitely have some worthwhile accounting knowledge to share, obtaining a PhD from a highly reputable university is encouraged.
To be able to enrol in a Doctorate Program, one must have had a satisfactory undergraduate and graduate grade, as well as ample accounting experience (typically 5 years of working as an accountant). He or she must have passed a number of certification exams (CPA, CMA, etc.). Some universities require an interview for them to assess your personality and behavior.
The process of becoming an accountant can be tedious but like many careers, it can be quite rewarding as well. So when you feel that you have been studying too long, remember, that in the end, it will be all worth it.