How many years of study are for the finance career?
I am interested in a finance career especially in accounting. But I wanted to know how long the career lasts and how easy it is to get a position in a company. #accounting #business #finance
Once you get your finance or accounting education, you will find opportunities almost anywhere. That's because any business needs an accountant and major corporations even hire dozens of college hires in these disciplines.
I would like to suggest acquiring a certificate first in Accounting or Finance. These programs usually take about a year or two to complete and a fraction of the cost of a university degree. This way, you can better gauge if this is really what you would like to pursue. Once you finish the certificate, you can go and seek out employment.
That's what I did. I acquired my Payroll Certificate in a local community college. It took me 1.5 years to complete. There was an internship component. The timing was right for me at the time. As I was finishing up my certificate, I got offered my first job where I did my internship.
This certificate opened up doors for me. I landed a Client Service Representative position in ADP, a payroll service provider, several years later. I am still with ADP 13 years after and I am Payroll Compliance Practitioner (PCP) certified with Canadian Payroll Association.
The beauty of being in payroll is everyone needs to get paid in any industry.
Things may be a little different in the US.
I encourage you to explore the certificate path if it's available regardless. You never know what may open up for you.
If you pursue a career in payroll, you can get certified through the American Payroll Association.
I did find some references for certificate in Accounting in Miami Dade College. [I believe you are several hours from Tampa.]
Wishing you all the best!
A career in finance is a challenging path with lots of competition, so you have to make sure to qualify enough with knowledge and experience to compete at a high level and possess a rewarding job in the field. A minimum will be a 4-year bachelor degree in finance or accounting, in addition, a CPA/CFA professional certificate will place you well ahead in the game. These professional certificates will require additional courses like a masters degree and/or couple years of experience in the field. The more you qualify, the less challenging the competition becomes as employers can see the substantial value you can bring to the table. Hope this helps answering your query.
Emma recommends the following next steps:
Hope this helps.
As for how long the career lasts, the sky is the limit, as there is always work to be done. Burnout is the bigger constraint, especially in more intense settings.
Though my career has progressed into Program and Portfolio Management, I have always found that having a foundation in accounting and finance to very very beneficial in growing my career.
I agree with the other comments - you would need a 4 year degree. I do like to say that learning never ends, especially in accounting. You will continue to learn when you start working (i.e. masters, additional educational credits for CPA, CPEs, skills training). Frequent changes in legislation, accounting standards, and technology essentially requires everyone to retool periodically; you need to be comfortable with having a learning mindset throughout your professional career.
Enjoy the learning journey,
Jim recommends the following next steps:
I cannot speak for all careers in finance/accounting, but I work in public accounting as a CPA. To work as a CPA you generally need 4 or 5 years of education as the CPA requirements include 150 college credits, compared to the standard 120 for a college degree. This applies to working in auditing or tax within the firm. Other consulting roles (and certain tax roles) do not require a CPA license.
For most other accounting and finance jobs, a college degree (standard 4 years) is required but certain positions may require advanced degrees such as an MBA (generally two years). Some programs will accept students right out of college but many others prefer students to have a few years of work experience prior to starting the program.
If you have a better idea of what career path you are looking for, answers can be specified for the best approaches to enter that field.
I hope this help.