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Should I get a degree in accountancy?

Forums › ACCA Forums › General ACCA Forums › Should I get a degree in accountancy?

  • This topic has 2 replies, 3 voices, and was last updated 5 years ago by jayritchie.
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  • May 23, 2017 at 9:42 am #387566
    toddstyles
    Member
    • Topics: 1
    • Replies: 0
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    I studied straight out of college to gain my AAT and then my ACCA qualification alongside working in a small firm (20 people). This has given me roughly six years on the job experience and I’m looking to continue forward with my career, however I worry that my lack of a degree will hinder me in the future.

    This is especially significant as I hope to immigrate to the US in the coming years where I believe a degree is pretty much required for any and all accountancy based jobs (I am more than willing to study the CPA if I go ahead with migrating as I believe the ACCA is not widely recognised in the US).

    I would just like some advice as to whether it is worth spending the extra time and money to gain a degree when I already have an ACCA/CPA and a decent amount of experience?

    May 23, 2017 at 3:06 pm #387620
    eagledave
    Member
    • Topics: 23
    • Replies: 292
    • ☆☆☆

    CPA requires an accounting degree and 150 hours of master’s study, so I guess if you opt in to the UoL MSc route, you are covered and go straight into the CPA review and selecting the US state where you want to practise. Worth looking into the US CPA website as every state is different too in terms of their entry requirements.

    In that sense, to answer your first question, yes a degree is important outside the UK and it always looks good on the CV.

    June 11, 2017 at 8:26 pm #392786
    jayritchie
    Member
    • Topics: 0
    • Replies: 13
    • ☆

    I think you may find that ‘computer says no’ to your job applications without a degree – so probably worth getting both the BSc and MSc if you can. My only caution would be if you wanted to go to a ‘brick’ university and block yourself from funding.

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