Certified Public Accountant (CPA) is one of the most sought after profiles for accountants. Research claims that a CPA in the United States could earn an average salary between $70,235 and $461,014.
However, passing the CPA test is a challenge for most aspirants, all the more so given the constantly evolving field. In today’s data-rich world, accounting analytics is growing in importance.
Traditionally, accountants have worked with data in the form of numbers related to taxes, income, and expenses. However, with the recent emergence of Big Data and analytics tools, accounting firms are incorporating these modern technologies into their business models.
With the introduction of accounting analytics, professionals in the field are now leveraging data science technologies to uncover new insights and patterns in finance, as well as perform predictive analytics, increase efficiency and manage risk. .
Therefore, to become a CPA, one must have the right skills demanded by the industry and for this, taking the right course is essential.
Please also note that applicants must have a bachelor’s degree in accounting to be eligible for this program.
Why take the MSAA program?
The University of Louisville’s MSAA program is designated STEM (science, technology, engineering, and mathematics) and offers the essential tools, resources, and support to develop and improve candidates’ accounting skills. Additionally, as a designated STEM program, the MSAA offers international students up to THREE YEARS of post-completion work authorization in the United States.
While it helps you acquire the right skills in accounting analysis, the program also comprehensively covers the areas of accounting, auditing, and financial reporting, which are necessary for the CPA test.
The Masters in Accounting and Analytics program offered by the University of Louisville was ranked #27 globally by Best Masters 2022. The MSAA program offered by the university is the same, but with a stronger focus on skills in analytics needed to lead in data. requirements of today’s accounting industry.
What does the program offer?
The Master of Science in Accountancy and Analytics is a 34-hour cohort-based program. Graduates of the program can also receive the Graduate Certificate in Management Analytics. This graduate certificate is a twelve (12) credit hour certificate that provides business professionals with the skills to thrive in a data-driven environment.
This program is designed for:
- Equip graduates with technical accounting knowledge of GAAP (Generally Accepted Accounting Principles).
- Prepare graduates to assume leadership positions in the professional practice of accountancy as Certified Public Accountants.
- Provide graduates with a working knowledge of data science from a managerial perspective.
- Provide graduates with a programmatic or professional understanding of data outcomes in an effective manner, particularly in terms of data visualization and data storytelling.
During the program, candidates have unlimited access to Becker CPA or CMA Review software with guided study. This could greatly help them prepare for the CPA or CMA test. The Becker CPA or CMA Review software is one of the best programs on the market to help candidates prepare for the CPA or CMA test.
Additionally, the MSAA program includes an 11-month paid competitive internship, which helps you test your knowledge and skills in a real-life scenario. It also includes a 10-day international study tour or an online global learning course. Additionally, candidates can network with professionals and leaders in public accounting and other industries.
How to register?
Visit the University website, create an application account, then visit the College of Business Graduate Programs website to apply for the program.
Applicants are required to attach two letters of recommendation, which should speak to the applicant’s character, academic aptitude, and other academic and professional achievements. The candidate must also provide the name and email address of the recommenders.
Additionally, applicants must provide a personal statement. The Personal Statement is a one to two page document outlining their interest in the MSAA program at the University of Louisville. The document should outline why the applicant chose the University of Louisville, their short and long-term goals, and any additional information they feel is relevant.
The next steps are to provide their professional resume and official transcripts from all colleges attended. No GMAT is required. Applicants with GMAT or GRE scores are encouraged to provide them to strengthen their application. Scores over 700 will be considered for further scholarship consideration.