What Degree(s) in Accounting Should You Receive?

If you want to know about degrees in accounting, this is the place to come. I have a Bachelors Degree in Accounting, a Masters Degree in Accounting, and have an emphasis in PhD preparation in accounting. I’m not bragging when I say that I have studied too much accounting; I’m hoping this article will help you to avoid some of the mistakes that cost me a lot of time, effort, and tears.

Telling you my accounting story will serve two purposes: (1) who doesn’t like talking about themselves? and (2) it will offer you valuable insights as you contemplate what degree(s) in accounting you want to obtain.

In the beginning I was simply trying to choose a major. I knew I was interested in business and accounting is “the language of business.” If you want to talk about revenues, expenses, net income, gross margin, loans, equity, or even derivatives a person with an accounting degree is going to know more than a person with any other degree; and that includes the overhyped MBA’s. My university mixed the masters in accounting (MAcc) students with the MBAs for several years before university officials realized that the MAcc students were completely destroying the MBA students. They have now separated the MAccs and the MBAs in order to preserve MBA egos. More on whether to get a MAcc or an MBA below.

Associate Degree in Accounting

Getting an associate degree in accounting is not necessarily a bad idea. It can save you some time (usually a year or two) and it will teach you the practical skills necessary to get an entry level accounting job. However one of the main drawbacks with an associates degree is that you likely won’t get a job in public accounting (The big 4). You may be able to get a job with a small company doing simple tasks like bank reconciliations, accounts receivable, or payroll. If this sounds like the type of job you are looking for, then by all means proceed to get your associate degree in accounting; do yourself the favor of not wasting an additional two to four years in college like yours truly.

I can’t stress the last sentence enough to potential accountants. You need to match your career goals with your accounting degrees. Too many budding accountants get caught in the cycle of “more school, more school, more school” and they end up in a position where they have a masters degree in accounting, but they are doing the same work as someone with an associates or bachelors degree. Worse, the person with the associates degree is getting paid more because they have been with the company longer due to the fact that they weren’t wasting away in the classroom.

It should be noted that when the economy is poor (like it is now), it may be tougher for those with associate degrees in accounting to get the higher paying accounting services entry level jobs. There are some companies that offer $40,000 to $50,000 per year for entry level accountants. It will be tough for someone with an associate in accounting to receive these jobs; these jobs will go to those with a bachelors degree in accounting. Associates accounting jobs usually start out around $30,000 to $40,000. However, someone with an associate degree in accounting and a few years experience will be in a better position to get the $40,000 to $50,000 job than someone with a bachelors degree and no experience. In short, experience trumps education, but education and experience combined trump experience.

Bachelors Degree in Accounting

A bachelors degree in accounting will take a year or two longer than associates degree. Most people can complete a bachelors in accounting in four years. This includes a year or two to complete the general classes that almost all universities require. With a bachelor’s degree in accounting, a person can start the beginning of a successful career. At my school, the Big 4 public accounting firms used to hunt down accounting students and practically beg the accounting students to work for them. Things have cooled off a little bit since the recession; now you actually have to show some interest to get a job.

The Big 4 is a great place to start your career. The top 4 accounting firms were ranked 1-4 in the best places to launch a career in 2009 by Business Week: . This doesn’t mean that everyone is just absolutely loving their time at these firms. Working in the Big 4 is very time consuming, and after receiving a Bachelors degree in accounting you will probably think that the work is quite dull for the first couple of years (in my opinion a responsible High School graduate could do it). However if you stick around long enough to make manager, the work becomes more exciting as do your other career options.

Masters Degree in Accounting

A masters degree in accounting usually only takes an additional year. However it is considered a graduate degree so you will likely have to pay graduate tuition rates which are usually quite a bit more than undergraduate rates. Graduates with a masters degree usually make 3k more their first year than those without a masters.

I have a masters degree in accounting and when I started working for one of the Big 4 everyone always asked me why I stayed in school to get the extra degree. I have to admit, I never really had a good answer for them. Don’t get me wrong, I completely enjoyed the extra year of school (there is nothing like learning). However, peers that received their bachelors degree in accounting at the same time as me were now my seniors! This was especially frustrating because some of them had applied to get there masters and had been rejected. So now they were making 5-10k a year more than me and they were telling me how to do my job.

Lesson Learned: If you are planning on working with the Big 4 after you earn your accounting degrees, then it is highly recommended that you simply get a bachelors degree in accounting. There is only one exception to this rule: the state where you will be working requires you to have masters degree to sit for the CPA exam. Currently I am only aware of one state that currently has this requirement: Utah. You’ll want to check with your state licensing board or just talk to some CPAs in your area to find out the requirements to sit for the exam in your state. Here is a website to get you started in your hunt: http://www.becker.com/accounting/cpaexamreview/state/

Getting a PhD Degree in Accounting

I went a little ways down the path towards getting a PhD degree in accounting. Fortunately my school had a PhD preparation program that gave us a small taste of what it would be like getting a PhD. I was interested in getting a PhD because I love teaching and if you want to teach accounting at the University level, then you need a PhD in Accounting. What I quickly found out is that becoming a Professor at a University in Accounting is about three things: research, research, and more research. Teaching was something you did for 10-15 hours a week on the side. At the end of the day you can only look at how accruals might be representing earnings management so many ways. The accounting research is extremely dry and 90% of it provides very little value.

Now there are a few people out there where this is still a good route. During PhD school you will read accounting research constantly. You will also take classes in statistics and economics. You will then be expected to produce a paper that gets published in one of the top accounting journals. A PhD in accounting normally takes about five years (a few extremely diligent people finish it in four years). You do receive a stipend during your time attending the school. It is usually just enough to break even and your tuition is usually waived.

After you get your PhD degree in accounting, most universities will expect you to publish in the top journals every other year or so. This is extremely challenging as accountants tend to be uptight about what is published in their journals. So in short, you live in poverty for five years, then you live with tons of stress for about five more years. If you manage to survive those 10 years and get tenured at a university, life becomes much, much better. At this point you can begin doing some of the things you enjoy (like teaching accounting).

One last word on accounting research. I realize that accounting is extremely important. It helps businesses run and keeps companies honest. I also understand how science works. It is a slow process where bits and pieces are slowly put together that advances the research as a whole. However, at the end of the day accounting is not cancer. I could see locking myself up, losing my health, and never seeing my family if I were about to find a cure for cancer. In accounting research you aren’t solving cancer, but you will be expected to work as if you were.

Finally the MBA vs MAcc debate.

A lot of people in my school debated between leaving school after they finished their bachelors degree and then returning to get an MBA or staying in school and receiving a MAcc. Here are some items to consider:

MBA PROs:

  • More Prestige
  • Higher Pay
  • Jobs in strategy, operations, marketing (it is honestly very hard to get these types of jobs with an accounting degree)

MAcc PROs:

  • Better understanding of financial information: Revenues, net income, derivatives, etc.
  • Less schooling (often you can get your masters in accounting with only one additional year of school and there usually is no need to leave school to gain work experience first)
  • Easy to find a job anywhere (everyone needs accountants).

The one item that I would reiterate is that if you are interested in “Business” you need to further define what you mean by “Business.” Accounting is the language of business, but with an accounting degree you will have a hard time finding a job in strategy, operations, or marketing (also important elements of business). One thing I regret about my accounting degree is that I’m limited to financial jobs. The top jobs in accounting are Chief financial officer or controller. Basically this means you are overlooking the financial process of the company, but much of the time you aren’t involved in creating and developing the strategic vision of the organization.

That sums up our discussion on degrees in accounting. As always, we would love to hear your thoughts on the matter. Please feel free to comment below.

38 Responses to “Accounting Degree Guide”

  1. Hi, I want to thank you for your post because it was very insightful and helpful! I wanted to know more about the MAcc program from BYU and how hard it is to get in. Any insight there? I am currently an undergraduate Accountancy major at Arizona State, and I would really like to pursue the BYU MAcc next fall. I am also considering law school after my MAcc. Do you have any perspective on how well a MAcc would serve me in the legal profession? What types of fields of law may suit me with this type of education? Thank you for your insight and time.

  2. Hi Cody,
    Thanks for commenting. The MAcc program at BYU is really competitive because it is a top 5 program every year. I did my undergrad at BYU as well so I can’t really tell you how hard it would be to get in from a different school. From the inside there were about 260 of us who did the Bachelors degree and just about everybody applies for the Masters degree because it is only one additional year. I think the Masters program is only takes about 160 people.

    I also seriously debated going to Law school. I’ll be honest with you, most of the MAcc guys that go to law school specialize in tax law. It is a lucrative area of law. However, there are also jobs in other areas like corporate law. BYU has an excellent JD/MACC program that allows you to get your masters in accountancy and law degree at the same time. It is pretty intense but it will save you a year in the long run. Hope this helps.

    Nate

  3. Thanks for your candid article. I’ve always wanted to pursue teaching at some point in the future and after 8 years in Big 4 I think I might finally be ready. I was considering a PhD to make the transition, but accounting research and writing about accounting (as much as I do it now) is not really my cup of tea. I much prefer direct involvement in imparting knowledge to the less experienced. I appreciate the help before I started down the wrong path.

  4. Thanks for the advice! I’m trying to think about college and career, and this is very valuable.

    Timothy

  5. Thanks a ton for breaking that down. It really helps a ton. I just sat for 3 of the 4 CPA sections and am thinking, “now what?”, so your article is much appreciated in that regard.

  6. Hello,

    Great article. I just completed a Master’s Degree in Business. I did not concentrate in Accounting. However, I am realizing that I wish I had more of an Accounting focus. Now, I am thinking about going back to school for accounting. I am unsure whether or not it would be beneficial to just get a certificate in Accounting from the local community college, get a second Bachelor’s degree or enroll in a Master’s degree in Accounting program for non degree majors. What do you think? I definitely do not want to work as an Accountant in my career as I intend on opening my own business, but I do want an Accounting backround.

    Thanks for your help!

  7. Hey Kai,

    That’s a really tough question, especially without knowing more about where you are headed and what type of business you are planning. If you are planning on opening your own business in the near future then I probably wouldn’t go back to school just to get some accounting knowledge. When starting a new business you basically just have to keep learning and overcoming each obstacle that presents itself. When the accounting obstacle presents itself you can overcome it by hiring a cheap bookkeeper, outsourcing to an online company, or reading a book and doing it yourself. There are a lot of free resources out there that can teach you all the accounting you would need to know for a small business.

    On the other hand if you are trying to strengthen your resume then it can’t hurt to go back and get the Master’s degree in accounting. It should only be two years and you will get a solid foundation for accounting and it will look impressive on your resume. At this point in your life I probably wouldn’t recommend going back to get your Bachelor’s in accounting.

    In short, when you start opening your business I think you are going to find that while school was a good learning experience, real life is a bit different. Your schooling has taught you to think critically, now you need to learn how to create a business (no amount of schooling is going to make that happen for you).

    Thanks for stopping by.

  8. Hi, very informative. first question i am going to start Accounting and finance what advice do you have for work experience and second is it worth doing Accounting with so many people already getting the degree but not getting jobs.

  9. Thank you for your detail explaination about different level of accounting. Your comment helps me to see clearly what stage of career in accounting that I am in and why I chose accounting major in the first place. I was graduated with BS in accounting in 2001 but I have had hard time to land a good job with a decent pay. I always want to go back to school for MS in accounting and hopefully I can land a better job.

  10. Can you please tell me what can I do to get a better job in accounting besides going to school for a MS in accounting ? I had a BS degree but I keep getting an entry level job that sometime it doesn’t need a degree in accounting. I don’t mind work hard but I just feel that I am not lucky. Thanks a lot.

  11. Hey Thanh,

    I honestly don’t know if more schooling will help you. Experience will usually help you land a better job. Do you have some experience? I know you mentioned you graduated in 2001.

  12. I have a BS in accounting. Currently, I am working as an Accountant. I have been thinking about switching careers in healthcare or getting my masters in Accounting maybe to teach. I don’t want a Phd. The reason for the change is because I am extremely bored working for an office. I get migraines early during the workweek, and lately I dread going to work every morning. I don’t even want to get up anymore. It’s depressing me. It’s the office!!!

    Please don’t get me wrong I love accounting! I loved it when I was in school doing the accounting problems, because it was challenging. I love math. I love learning new stuff, but for the past three years I have been doing the same things. I hate routine. I hate office work. So I have been thinking of a way out– maybe teaching part-time. I was also studying for the CPA, but I stopped studying because I came to the realization that I can’t work in an office anymore. Any suggestions? Thank you.

  13. Hey Am,

    I don’t have a lot of time to respond right now. However, the good news for you is that you have some experience in the field. Try contacting some of the local community colleges to see the requirements for teaching (some may not even require a Masters). Another great option is to look for an online teaching job (if you hate the office so much, then you might love an online teaching job where you mostly work from home). Someone with a few years of experience in accounting has a lot of options for moving jobs. You are in great shape in my opinion.

    Good Luck!

  14. Hi Ben,
    Thank you for your response; it means a lot to me. I have somewhat experience in accounting such as perform bank reconciliation, record and maitain journal entries for payroll, accrued account, perform account analysis ect…I did these job functions at my prior job; however, I could not stand the management team in the company so I changed to a new job. Now, after 1 year I get bored. This job is not too much accounting. I just reconcile credit card pmt and do simple journal entry in peachtree. It’s really boring; I want more challenging job. That’s why I wonder what I can do to land a better job. School is not the option then. I should look for something in staff accountant right? thanks.

  15. Thank you so much for your reply. I will look into it. You have given me some hope. I will let you know of my research. Thanks again!

  16. Oh I forgot to ask you. Should I still get my Masters in Accounting or MBA with concentration in Accounting to teach? Thanks again!

  17. Hey Thanh,

    If I were you I would start looking for a job being a staff accountant. Maybe try starting where you currently are at. Get all of your normal “boring” work done during the day as quickly as possible. Then ask your manager if you can help him with some of his challenging work. Most managers are really busy and will be happy to give you some of the challenging work. Keep trying to do more and more of your manager’s work. When your manager decides to leave and get a new job, you will be doing so much of his/her work that you will be the only man for the job.

    Just my two cents.

  18. Hey Am,

    Glad to give you some hope. There really are some great opportunities out there for those who are willing to grind through some of the boring work for a few years like you have.

    Regarding your question about the MBA or the MAcc. I would probably check the requirements at the schools you are considering working for. I think that either one would be beneficial. The truth is they may not be necessary though. One thing you might want to consider is getting some sort of teaching certificate. That way you can show the schools that you know how to teach.

  19. Excellent article! Just have one question. I have 15 years of store management experience, and am trained in multi-unit management, but I really want to advance into upper level management positions. Recently being injured on the job, out of work, and unlikely to return due the physical demands, I have seriously been contemplating school. Since accounting is important in business management, would getting an AA in accounting with an MBA be a good idea, or a waste of time? Is the MBA going to cover all that is in the AA? Thanks, Clint

  20. Sorry, adding to the prior, I didn’t necessarily want my MBA to be focused on accounting, hence the AA question. Additionally, the company is a 3000 store company, and my career had been quite successful. Hope this somewhat clarifies the situation. Thanks.

  21. I enjoyed reading your article. I currently have a BS in Accounting. I am thinking about going on and either getting a MAcc or an MBA. I have enough hours for the CPA. I know I like accounting and thats what I want to do. However I have heard that getting a MAcc when you already have an accounting degree is redundent. Any advice.

  22. Hey Jennifer,

    A few things to consider.
    (1). Do you enjoy schooling? I for one don’t really need my MAcc but I wouldn’t have skipped that experience for the world. I love the classroom environment and I even enjoy test taking to a certain degree. As far as tangible benefits go, you can make friends (network) with people who will also be scattering out into accounting jobs around the world. These friends could be very helpful down the road.
    (2). Do you need a MAcc for your CPA? It sounds like you don’t from what I understand from your post.
    (3). Years in school. Some MAcc programs are only one year. Most MBA programs are two years.
    (4). Pay. Most accounting jobs won’t really pay you that much more if you have a MAcc or an MBA.
    (5). Job requirements. Define your dream job in your mind. Does it require an MBA or a MAcc?

    There is definitely some truth to your point that a MAcc is a bit redundant. If you are just wanting to go back to school, then I would probably recommend an MBA. For someone like you who already has a BS in accounting, I’d recommend avoiding the MAcc unless you have a specific reason for getting it (CPA requirements, hours, need a refresher, etc).

    Hope this helps and good luck!

  23. Hello, Excellent article!
    I’m looking for some advice. I am currently in an MBA program and would like to do a concentration in Accounting ( I have worked for very small companies doing simple tasks like bank reconciliations, accounts receivable, or payroll. Pretty much as an Accounting Bookkeeper/office manager/multitasker . I have not been lucky about jobs) . My bachelors degree is not in accounting, however, and in trying to plan ahead, when I look at job posts I’m finding that many of them require an undergraduate degree in accounting. I was raised in a foreign country so when I moved back to the US my undergraduate Management Engineering degree was transferred over as a BA in Business Administration as there is no equivalent degree here. Can you provide any insight if companies, in general, are willing to hire people as accountants with an MBA (concentration in Accounting), or is the undergraduate Accounting degree a hard and fast requirement that would quickly get my resume passed over. Thanks for any insight or advice.

  24. First of all thank you for sharing your academic and professional experience comprehensively.I am going to start my career in Accounting.i want to know that how can i take admission in Masters in Accounting after doing Associates degree because i have not any plans of Bachelors degree.

  25. @Aqeel,

    I’m not sure if there are any schools out there that will let you skip straight to the Masters from an Associates. The general line of progression is Associates, Bachelors, and then Masters.

    Needless to say, great career choice. :)

    Professor Nate

  26. Hi,
    Thank you so much for the break down and for continuing to answer questions. So here is my situation. I have a non-accounting BA and started a certificate program just so that I could do accounting for small NGOs. My experience is in the public sector (education and int’l development) and I often end up in small organizations wearing many hats!

    In order to get the certificate, I had to take a bunch of business pre-reqs and after I completed these and most of my accounting certificate, I realized that I could do one more year and have a MSc in Accounting – it would be less time then going for a BS! I realize that this was probably a ploy by the university to get more money, but I do love studying and I enjoy the subject (very satisfying to solve accounting problems over people problems) so why not.

    Anyway, I took a year off because we moved to Africa. I still have a year to go, but “commuting” is impossible now and so I am trying to transfer to a online program. So I am rethinking my strategy. I don’t really want to work for a big 5, but I am wondering if not having a BS in Accounting is going to hurt me in the job market… I kind of don’t think so, because I will do mostly contract work and have a small portfolio of NGOs that I currently cook the books for, but at this point I wonder

    I am moving more towards just finishing my certificate and being done with it after reading this. I would appreciate any comments you might have about non-BS in Accounting ppl with an MS in Accounting… I don’t know if this is actually frowned upon or not in the “real world”.

  27. …um big 4.

    and thanks!

  28. Hey Jody,

    You are definitely in a unique situation. The MS in Accounting is quite different than an MBA in that many people get MBAs without a bachelors degree in business, but not many people get a MAcc or MS in accounting without a bachelors in accounting.

    My thoughts on your situation:

    If you were trying to get a job at a large corporation, then I would recommend going through the headache of getting your MS in Accounting. It would only be a year and you would look great on paper with your experience and degree. However, as you are mostly doing contract work, I think your certificate and experience will be more than enough.

    Getting the MS in Accounting would make you look more legitimate, but as you are seeing it isn’t necessary. In addition, if you really wanted to go above and beyond, then I would recommend getting your CPA or its equivalent (depending on where you are doing business). My experience tells me that the CPA > MS in accounting in the eyes of most people. Everyone’s heard of a CPA, but very few have heard about a MS in accounting. The requirements for getting your CPA will depend on where you plan to take the test.

    Now, I don’t think you need to do any of that; but if your goal is to look the best on paper, then do whatever you have to to get your CPA.

    P.S. “very satisfying to solve accounting problems over people problems” Great quote there!

    Professor Nate

  29. Loved your article! I was one that went on to get an MBA (with an accounting focus) after an undergraduate in architecture. After seven years in finance, I went back to architecture for almost for 14 years while raising children (contract work/no benefits). Now I am very frustrated with the up and down cycle of construction. I would love to get back into accounting but realize my knowledge is very outdated. On paper I am almost qualified to sit for the CPA exam (not that I want to go down that road). How do you suggest refreshing my memory enough to get an accounting position with a firm. An online course? Community college? Auditing a local college’s accounting courses? I really don’t think a Bachelor’s in Accounting is necessary. Will I be able to get a job without real accounting experience? Would love a steady paycheck with benefits!

  30. Hey Shari,

    Tough question there. As you know getting a job now isn’t as easy as it was 5-10 years ago.

    I completely agree with you that a Bachelor’s in Accounting isn’t necessary for someone in your situation. I would try testing the waters and talking with a few of the companies that you are considering working for. Ask them what they would want to see from an applicant like you. I think some basic online courses would help you get back in the swing of things. I would actually recommend taking a look at this one: http://www.principlesofaccounting.com/. I’ve read over their material and it seems great. The best thing about it is you can get college credit from it from a reputable University.

    I guess my question is are you more worried about not knowing enough accounting or are you more worried about not being able to get a job? If you wanted to tackle both of those issues, then consider getting your CPA. It would be a great refresher and you would become very, very attractive to companies. If that’s not an option, consider some online courses.

    Keep me updated on how it goes.

    Best,

    Professor Nate

  31. Hi,

    I hope you can help me. I have been working in the accounting field for over ten years but have a BA in Political Science. I basically fell into the field and all of my accounting knowledge have come from my work experiences and dealing with CPAs. I have been trying to look for accounting programs that will allow me to sit for in the CPA exam in California preferably online programs. My main goal to be a controller which I have been in my past work experiences. With the economy now though, it is getting harder to find high level accounting positions without an accounting degree. I am having a hard time finding programs out there that are accredited and not too expensive. Any suggestions on what route I should take? Do you know of any programs that you can recommend? My timeframe is 2 years max to complete whatever degree or certificate that will allow me to sit for the CPA exam. Thanks.

  32. Hi Ben,

    I am graduating in May 2012 with a B.S in Accounting. I am getting ready to apply to the MACC program at my University in order to get enough hours to sit for my CPA exam. I am currently doing an internship with a company for about a year. I had two questions:
    1.) If I am not accepted to the MACC program will I still maintain job stability with a BS degree in accounting?

    2.) Will it be a problem if I choose to stay the corporate route vs. the public accounting route?

    Any other advice you have will be greatly appreciated. I have just been very stressed with what the future holds for my career.

    Thank you.

  33. Hey Leyla,

    Excellent question with great foresight on your part. Here is my opinion:

    (1). You will still maintain job stability, but in order to progress to the next level you’ll need your CPA. In other words, you can probably still get away with being a staff accountant at a corporate company without your CPA. However, in my opinion in order to move up the ladder to controller, chief controller, or CFO you are going to need your CPA.

    (2). The answer to this question really depends on your goals. Unfortunately, if you want to move quickly up the ladder then your best approach is the public accounting route. For example, let’s pretend that you work for a company for five years. At the same time your classmate is working for a public firm (Big 4) for five years. Your friend might then decide to leave public accounting and apply for a management position at your company. Your friend could very well become your boss even though you have the same amount of experience.

    For some reason accounting departments don’t do a very good job of promoting within. They almost always bring in someone from a public accounting firm to be head controller. The corporate accounting route isn’t a bad one, but you should know now that you might be leapfrogged by someone who has been working in the public accounting world.

    Hope that helps and I think you have a bright future ahead of you.

    Professor Nate

  34. Hey Mel,

    I’m always hesitant to give specific guidance on CPA requirements because they vary from state to state. My approach would be to contact some of the accredited universities in your area. I would definitely target the school you already have your degree from because that way you won’t have to worry about general education classes (you’ve got a great shot of getting the hours you need within a two year timeframe with this approach). Ask your alma mater if they have an online accounting degree option (a lot of schools do these days). Just make sure that your program will meet the requirements to sit for the CPA exam.

    Best,

    Professor Nate

  35. Hi,
    I want to thank you for your post, it was very helpful.
    I need your advice for my future education and tell me what will be the best for me.
    I have a bachelor degree in accounting from overseas (It has been more than 8 years)
    After graduation, I worked at Computer Company (You can say that I have no experience with accounting at all)
    Later, I moved to the U.S. and thinking to go back to school.
    Do you think should I pursue a Post back in accounting (it will take up to 2 years?)
    Or, go for a master in accounting.
    What I’m worry about master that might be difficult for me since my background in accounting was in another country plus it has been a long time.

    Right now I’m trying to get a job in accounting since it is difficult for me to get because my bachelor from another country.

    Thank you for your time

  36. Hello Said,

    I have to tell you that I’m not very familiar with Postbaccalaureate programs as my school does not offer them.

    I have to agree with you that a Masters In Accounting would be pretty difficult for someone who hasn’t studied or practiced accounting for over 8 years. Contrary to popular belief, the accounting field is continuously changing and many of the rules you learned are now outdated.

    My Advice: Look into the Postbaccalaureate programs and see what their job placement percentage is. If these programs are having good success at placing people in jobs, then I’d definitely take that route. The key is to make sure people are getting jobs from these programs. The worst possible scenario for someone in your situation is to burn two years of time and money in a program that won’t be able to get you a job.

    Are you looking for a job at a large company or are you looking for a bookkeeping job? The truth is if you’ve learned bookkeeping once, then you probably have a lot of the basics down. If you want to head down the bookkeeping route, then you could take a refresher course online and then get certified as a Bookkeeper and I’d also recommend getting certified with QuickBooks or some other popular software program. I see tons of jobs looking for people with QuickBooks Experience.

    Good Luck! Keep the faith and hang in there. With a little persistence you’ll be back in a steady job.

    Best,

    Professor Nate

  37. Hi,
    I would like to say you’re a great man.
    I appreciate your help and your respond. I agree with you with everything that you have said.
    However, I think I should go for Postbacc. It is basically getting a second bachelor (pretty similar to undergraduate without taking general education or elective classes). Also I thought if I should apply for CPA, but I was worry to waste time since my background in accounting was outdated already.
    Again thank you for responing

  38. Hey Said,

    Good luck and thanks for your kind words.

    Hope to see you around.

    Professor Nate

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