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Hey All,

I am a Junior at a non target in the NYC region. A Finance and Accounting double major who recently accepted an offer to intern at a Big 4 Advisory type program. I have internships at a F500 company and the Federal Reserve. I have recently discovered that I pretty much have the option to graduate on time with just my Finance degree or finish much later with both and I am nervous that If I get a full time offer after the summer I will lose it because I just have a Finance degree? I do not want to do Audit as I would rather be in a Finance or Advisory related role. I do intend to still get my Masters in Accountancy and CPA.

Any advice would be appreciated

Thanks

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Comments (7)

  • youngbull22's picture

    I'm not 100% sure, but I think you need 150 credit hours prior to obtaining your CPA. (Someone please jump in if this in incorrect) I have a few friends who are working at a Big 4 and graduated as accounting majors and are now getting their master's in accounting (all while studying for the CPA). Even if you do intend on getting your masters in accounting just make sure that you have logged enough hours for the CPA as well.

  • In reply to youngbull22
    Karembeu5163's picture

    youngbull22:
    I'm not 100% sure, but I think you need 150 credit hours prior to obtaining your CPA. (Someone please jump in if this in incorrect) I have a few friends who are working at a Big 4 and graduated as accounting majors and are now getting their master's in accounting (all while studying for the CPA). Even if you do intend on getting your masters in accounting just make sure that you have logged enough hours for the CPA as well.

    I think that applies to Audit and Tax, not necessarily Advisory. For Audit, you will need to be eligible to sit for the CPA exam upon starting full-time, which as youngbull stated, requires 150 hours. If that is the route you want to take, then make sure you have the requisite hours before dropping that Accounting major. However, it doesn't sound like you are interested in Audit/Tax so I think you should be okay.

    I'd ask during your internship just to make sure as well.

  • brofalfa sprouts's picture

    You only need 120 credit hours for Advisory, and getting the CPA is optional

    "Sometimes we have to get really high to see how small we are" - Fearless Felix

  • BankMonkey21's picture

    Thanks guys.

    I Got a dollar and a dream...

  • Hugo Stiglitz's picture

    If you have no interest in taking the CPA, just graduate early. I did the same thing (majoring in Finance and Accounting), and am CPA eligible now, but I was shocked at how many non-Accounting people were part of the Advisory group (which I am thankful for). All of whom basically told me a CPA is completely unnecessary for the job, and I'd be better of using that time to study for the GMAT.

    My firm still pays for the CPA and the materials, but you do not get a bonus for passing. I would say, unless you really want to take the CPA, I'd graduate early and save your time and money.

    Hugo

  • In reply to Hugo Stiglitz
    BankMonkey21's picture

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  • The Boss's picture

    "Just go to the prom and get your promotion. That's the way the business world works. Come on, Keith!" - The Boss