MCom Vs. US CPA – A Detailed Guide!

Declutter your mind and think about what your power of reasoning and gut feeling tells you to do! The tussle to choose the right finance course continues. Are you wondering which one is better—MCom or US CPA??Both courses are excellent options after graduation. However, you should check out an?MCom vs. US CPA?comparison to make an informed decision.

USA CPA Vs. MCom Comparison

Both certifications are given a lot of importance in the accounting domain. But the two designations stand apart from each other in more ways than one:

● Eligibility: You should have at least 50% aggregate in BCom or BCom (H) from some prestigious academic institution. BBE, BBA, or Economics graduates with an aggregate of at least 60% are also accepted by some universities.

A graduation degree or equivalent is necessary to apply for the CPA certification program.

● Course Details:?You must pass all four semesters of the MCom program, which covers various aspects of economics, accounting, management, and finance.

You need to crush all four sections of the CPA exam and score at least 75 in each of the sections. The duration of completing the course should not stretch beyond eighteen months or so.

● Jobs: You can work as an Investment Banker, Auditor, Financial Controller, or Senior Accountant as an MCom degree holder. You can fill in enviable positions in big audit firms and start your own business setup.

As a CPA professional, you can work in Taxation, Auditing, and Advisory roles. You can even choose to become an entrepreneur.

● Career Scope: After completing MCom, you can work as a:

● Business Analyst

● Marketing Manager

● Finance Consultant

● Accountant

● Operation Manager

● Investment Banker

The CPA certification can help you juggle management consulting job roles, take up a position in the corporate finance segment, be a risk specialist, be a public accountant, and more. You can go miles career-wise nationally as well as on the global front.

Should You Pursue CPA after BCom?

You can have a strong foundation in financial management and accounting principles. Completing the CPA course after BCom can lead to global recognition and enhance your career prospects in the competitive job market. You can enjoy high demand in corporate finance departments and public accounting firms.

Which One is Better – MCom or CPA?

CPA opens up doors to international job opportunities and higher salaries, as it is given more preference in the USA and elsewhere. However, an MCom is needed for a foundational understanding of CPA course subjects and to satisfy credit completion criteria.

Conclusion

So, if you are in a fix on what to pursue after graduation, seek guidance from the mentor and educators of the premier online training institute, NorthStar Academy . If you have set your mind to pursue CPA or any other finance course, then you get the best academic support from NorthStar Academy. From having access to world-class learning materials, pocket classrooms, live knowledge-imparting sessions, and the like- NorthStar Academy can offer indispensable support.