A Master of Accounting (MAcc) degree is designed for those looking to get ahead as a public accountant, corporate accountant, auditor, fraud examiner, financial analyst, and so much more. It can be the boost you need to ascend to a higher-level position in banking, taxation, insurance, or any company with a financial division for that matter. With an advanced accounting degree, you’ll gain superior analytical skills, deepen your knowledge of accounting principles and learn the latest technology.
A MAcc is also a very important step towards becoming a certified public accountant (CPA). The CPA exam is the most well-known designation in the accounting profession. While intense, it’s worth it because accountants are appreciably more marketable to potential employers after passing the exam. Many public accounting firms will pay for review courses for employees they believe in; however, to sit for this exam, most states require a total of 150 hours of coursework, which equates to five years of school. Earning your MAcc helps fulfill the CPA coursework requirement and, in some cases, can reduce the supervised work requirement, enabling you to become certified faster.
One of the key reasons MAcc graduates are such attractive new hires is that they enter a job-ready, willing, and able to roll up their sleeves and get to work. With the industry poised to grow by more than 10% in the next decade and an anticipated 60,000+ new accounting jobs by 2029, it is a great time to pursue a MAcc and enter this surprisingly diverse profession.