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CPA Aspirant (44 Years) - Pursue Master's in US? Job Prospects & Investment Worth?

Nayagam P

Nayagam P P  |4081 Answers  |Ask -

Career Counsellor - Answered on Dec 30, 2024

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He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
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Asked by Anonymous - Aug 27, 2024Hindi
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Hello, I am 44 years old with 20 years work experience in finance and accounting. Currently, I have taken break and pursuing and studying CPA which is highest professional certification in US for accounting. I need your advise on my consideration to move to US to do Masters in Accounts and analytics which is a stem program to get 3 year work visa post successful completion of this program. I need to spend 35 lakhs for this. Please advise on job opportunities in US and if it would be prudent to take this step.

Ans: Pursuing a Master's in Accounting and Analytics in the United States offers numerous benefits, including a 12-month Optional Practical Training (OPT) and a possible 24-month OPT extension, allowing up to 3 years of work in the US. The program is designed to meet the strong demand for qualified CPAs and accounting professionals due to changing tax laws, compliance concerns, and corporate governance standards. With a CPA and 20 years of experience, you can target top positions as Financial Analyst, Controller, or CFO. The program also provides access to advanced analytics tools, U.S.-specific accounting knowledge, and a worldwide network. However, as a first-time investor, you should consider factors such as financial constraints, job market competition, ROI, relocation and adaptability, and visa and immigration policy risks. To maximize networking, you better research highly ranked colleges with stellar accounting and analytics professional placement records and consider scholarships, assistantships, or part-time employment options.
All The BEST for Your Prosperous Future.

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Sushil

Sushil Sukhwani  |576 Answers  |Ask -

Study Abroad Expert - Answered on Dec 27, 2023

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my nephew who has cleared CA in 2021 and doing Job in MNC now he want explore advance education in US like MS in Accounting and CPA both. What are prospects of doing said course post CA and what are opportunity available post this course? from which university he should do MS in accounting and from which state he should do CPA ? what are Expenses to be done for this courses? and what is pay package post this course? Pls guide , thanks a lot
Ans: Hello Aniruddha,

To begin with, thank you for contacting us. I am happy to hear that your nephew has cleared his CA in 2021 and now wishes to pursue MS in Accounting and CPA in the USA. To answer your question first, I would like to tell you that there are numerous benefits associated with pursuing an MS in Accounting in the USA on completion of CA. Doing so, deepens one’s comprehension of accounting concepts, broadens expertise in specialized fields of study, as well as supplements the CA qualification. Not just that, knowledge and reputation is enhanced, particularly in the US accounting business, through pursuing CPA (Certified Public Accountant) certification alongside.

I would recommend that your nephew takes into account prominent universities offering MS in Accounting,viz., University of Illinois Urbana-Champaign, University of Southern California, or University of Texas at Austin. The CPA prerequisites for each state is unique, nevertheless, states viz., California, New York, and Texas frequently have numerous options and thriving accounting businesses.

Remember that based on the location, university opted for, and the duration of the course, the costs can differ greatly, but could span from $30,000 to $70,000 or higher annually. Also bear in mind that based on variables such as the geography, work experience, and work role, salaries for CPAs in the USA can range from $50,000 to $100,000+ per year after graduation.

Individual choices, professional goals, as well as financial constraints play a key role in selecting a state and university for their CPA education. To make an educated choice, I would suggest that your nephew conducts an all-round study as well gets in touch with academic counselors or industry experts for advice.

For more information, you can visit our website.

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Dr Pananjay K

Dr Pananjay K Tiwari  |113 Answers  |Ask -

Study Abroad Expert - Answered on Sep 04, 2024

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Hello sir. I have completed my BVSc & AH from Assam Agricultural University and I want to pursue my masters in USA. I would like your opinion regarding this
Ans: Hi Devika
Pursuing a master's degree in the USA after completing your BVSc & AH (Bachelor of Veterinary Science and Animal Husbandry) from Assam Agricultural University can be a highly rewarding decision, depending on your career aspirations and areas of interest. The USA is home to some of the world's leading universities and research institutions, particularly in veterinary sciences, animal health, public health, and related fields. Studying in the USA could provide you with access to advanced research facilities, exposure to the latest technologies, and the opportunity to learn from distinguished faculty members who are experts in their fields. Additionally, a master's degree from a reputable U.S. institution can enhance your global credentials, expand your professional network, and open up diverse career opportunities both within the U.S. and internationally.

However, it’s important to consider several factors before making your decision. First, think about the specific area of specialization you wish to pursue, as this will help you choose the right program and university. The U.S. offers various specialized master's programs, including veterinary public health, animal nutrition, wildlife conservation, and veterinary epidemiology, among others. Second, consider the financial aspects, such as tuition fees, cost of living, and potential scholarships or financial aid options. Studying in the U.S. can be expensive, but many universities offer funding opportunities for international students. Finally, think about the long-term career prospects and whether you plan to work in the U.S., return to India, or explore opportunities in other countries. The U.S. offers a vibrant job market for veterinary professionals, but staying back might require you to meet specific licensing and visa requirements.

Overall, pursuing a master’s degree in the U.S. could be an excellent step if you are looking to gain advanced knowledge, engage in cutting-edge research, and expand your career opportunities in veterinary sciences or related fields. It is important to carefully research programs, consider financial implications, and align your decision with your long-term career goals.

For more details you can contact us at: www.shreeoverseaseducation.com

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Sushil

Sushil Sukhwani  |576 Answers  |Ask -

Study Abroad Expert - Answered on Sep 17, 2024

Asked by Anonymous - Sep 06, 2024Hindi
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Dear Sir, I am 45 years old and my qualification is MCOM and I have 15 years of experience and last year I have left my job to pursue US CPA. But I have one confusion at the age of 44+ will I get good opportunity after my CPA ? Please advise. Also I am looking for an opportunity to do Master's in Accounting and Analytics (STEM Designated) from a reputed US University . Please advise if it is good idea to move to US at this age for higher study ?
Ans: Hello,

To begin with, thank you for contacting us. I am happy to know that you have completed your Master of Commerce (M.Com) and possess 15 years of work experience. To answer your question first, I would like to tell you that given your vast experience, at 45, pursuing the US CPA is a wise decision, as it can improve your employment opportunities in accounting and finance to a great extent. I would like to tell you that the CPA credential is highly valued and can lead to senior positions and specialized possibilities. Bear in mind that age can be an asset that indicates maturity and in-depth sector knowledge, both of which employers value.

Pursuing a Master's in Accounting and Analytics in the US is a feasible choice if you wish to expand your knowledge and acquire abilities in high-demand areas. A number of professionals seamlessly shift to academic programs later in their careers, and STEM-designated programs provide excellent employment opportunities in the United States. For this reason, moving to the USA can be beneficial as long as you are prepared for the personal and financial investment that would be required.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

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Dr Nagarajan Jsk

Dr Nagarajan Jsk   |224 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Feb 01, 2025

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I have completed my msc in biochemistry n now doing internship but I am confusing about my future because I see this field don't pay me inuff for life even for future... N don't have more jobs in Maharashtra. I don't like production jobs but in Pharma only production pay much so what can I do .. Can u suggest me which job is high payable after Msc biochemistry
Ans: Hi Nandu,

Greetings!

Could you please let me know which year you completed your course and whether you are currently doing an internship or apprenticeship? An internship is part of the curriculum, where students gain practical training, sometimes with a stipend and sometimes without. After completing your course, you can opt for an apprenticeship, which typically lasts one to one and a half years and includes a stipend, usually split 50%-50% between the industry and government.

If you are in the internship phase, please inform me about the specific field you are working in. Initially, you may not expect a high salary, but after gaining expertise in your field, your compensation will improve. Typically, this takes about three years, so it’s important to focus on skill acquisition for a better future.

If your internship aligns with your field of study, I encourage you to continue and consider starting a medical lab or exploring opportunities in medical devices related to biochemistry. However, pursuing a career in pharmaceutical production may not be suitable for you, as it is a different field, and you may find it challenging to grasp the processes involved since you are currently inexperienced in that area.

Please share the specific field of your internship, and I would be happy to provide more tailored advice.
with regards

Poocho. Life Change Karo!

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