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4 Reasons how MAcc prepares you for a career beyond ordinary

Author: Miles Education
by Miles Education
Posted: Oct 17, 2022

If US CPA is your thinking, it needs to jump beyond the walls to match the evolving and dynamic accounting and business landscape. To set yourself apart from the stiff competitive job market and notch rewarding career opportunities - a US CPA eligibility is not enough! You need another global credential called MAcc (Master of Accountancy). A MAcc program is a blended program offered by well-known universities to help you make an international career in the accounting field. The program is designed with a combined accounting plus analytics track with an aim to help non-technical finance professionals to make ground-breaking careers in the US.

Diverse Experience

Freshly minted undergraduate finance students may not have much understanding of analytics and the importance of data in accounting operations and practice. The CPA curriculum embedded with STEM subjects like data analytics, visualization, predictive modeling, statistical modeling, and business applications provides students & professionals with a diverse learning experience for diverse careers in the future of the finance era.

Rewarding Investment

Not every grad or post-grad programs give you a higher rate of investment, unlike the MAcc program. Unlike other programs, MAcc is designed with a blended learning approach where learning is directly connected to the trends in the field. This gives you an additional advantage over your competitors while applying for jobs. Since you have already been exposed to the practical application of accounting in a data-driven environment, the companies at Big 4 and other public accounting firms can consider you as an asset rather than wasting resources on training candidates without experience.

Networking Opportunities

MAcc is a magical journey for accounting graduates. A recent study states that over 90% of MAcc graduates are placed into different companies within 90 days of completion of their MAcc program. Since the world is revolving around core competency (problem-solving, business decision-making, and leadership skills), MAcc has a curriculum vetted by industry practitioners and expert professionals to enable learners to excel throughout the F&A value chain. Moreover, graduating from a leading university would also bring you a lot of networking opportunities to interact with leading experts and professionals in the field. Expanding the network means expanding the career opportunities and knowledge base and experience.

Relevance

In an open innovation era, where knowledge is shared by everyone, Big 4 and Top MNCs look for new ways of capturing talent and know-how skills to drive value creation to clients. It is projected that 210,000 subsidiaries under Big 4 and top MNCs will explode at an exponential rate in the near future but sadly, the net manpower at Big 4 and other consultancies is only about 60,000. This simply indicates that the employment scope for both technical and non-technical talent in the next 2 years is immense. Having a MAcc degree under your belt is telling your hiring manager that you a job-ready and validated with new-age skills.

To have this distinctive program, choose the best CPA review in India that shares an institutional partnership with some of the leading universities in the US known for offering the MAcc program.

About the Author

Miles Education is India's #1 CPA, CMA & CFA with presence across India, Middle East & US. Miles Education up-skills students & professionals to be future-ready with a career progression in Accounting & Finance.

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Author: Miles Education

Miles Education

Member since: Apr 11, 2020
Published articles: 144

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