Can You Get a CPA With a Finance Degree?
When it comes to careers in finance, there are tons of options that only increase as you gain more education and experience in the workplace. In the field of finance, there are three main categories of industry: public, corporate, and personal. From financial planning to investment banking to insurance, people pursuing careers in finance wield power around the world. The first step in realizing your financial career potential is earning a bachelor of science in finance. So lets discuss that can you get a CPA with a finance degree.
Can I become a CPA with a degree in finance?
Yes, you can get a CPA with a finance degree. To sit for the CPA exam, you will need to have completed a bachelor’s degree in accounting or another business-related field. A bachelor’s degree in finance will qualify you to sit for the CPA exam.
CPA There are several different ways to become a certified public accountant. The course offers candidates a fair amount of job security, making it a popular choice for recent college graduates or people looking for a career change. One of the most misunderstood aspects is the educational requirement. The existence of degrees in finance and accounting can cause confusion as to whether they can become a CPA if all they have is a finance degree. However, this does not pose a problem if some other criteria are met.
To become a CPA, you must have a degree. However, the courses you choose are much more important than whether you have a degree in finance or accounting. Most states require applicants to have a minimum of a bachelor’s degree, with 20 to 24 credit hours in accounting fields. Some states also require a certain number of general business courses. The requirements for your state can be found here. In general, it takes about 150 total credit hours to complete a standard degree; Splitting that time between accounting and business courses offers not only a path to becoming a CPA, but several other career options as well.
CPA Certification Exam
All states have an additional CPA exam that candidates must pass to become certified. Exam requirements may vary, as some states allow students to take the exam before earning the required credit hours, according to Becker Professional Education. However, even if the exam passes, the student will not be certified until the required number of credits is reached. Other states require you to complete 150 semester hours before taking the exam.
How difficult is it for finance students to obtain a CPA license?
Obtaining a Certified Public Accountant (CPA) license involves meeting several requirements. These requirements may vary slightly from state to state as all states have their own regulations and procedures. Despite this, earning 150 semester hours of education, which is 30 more than a bachelor’s degree, is a common requirement for a CPA license. Most states explicitly require applicants to have a degree in accounting; however, there are some states where you will not be required to have an accounting degree, and you may be able to obtain that license with a degree in a related field.
For example, you could earn a CPA license with a degree in finance or economics. It’s important to know your state’s requirements for this license because you may still need to have about 30 semester hours in accounting. In addition to these educational requirements, you will also need to take and pass the Uniform CPA Exam. In conclusion, it is not difficult for finance experts to obtain a CPA license, but it will depend on your state’s regulations.
CPA Exam Approval Rate
If you are studying for the CPA exam, you want to know the pass rate as well as the probability of passing the exam on the first attempt. The pass rate on the CPA exam varies slightly but is typically around 50%. This means that about half of the people who take the test pass, while the other half do not. This does not consider how many people are trying to take the exam a second or third time.
If you are looking for the CPA exam pass rate, try not to get too stressed after taking the test. There are many things that affect the passing rate of a CPA exam, including the level of pre-exam preparation, the quality of the exam preparation program, the difficulty level of the exam questions, and even how long you slept night before the exam. If you’re worried about losing your CPA exam pass rate, you might want to think about scheduling your next exam.
Before you go, I hope that the above article related to can you get a CPA with a finance degree will be informational and beneficial for you.