Are you a university student pondering your career path? Have you considered the advantages of becoming a Chartered Professional Accountant (CPA)? Let’s explore why it’s a career worth your consideration. Here are five compelling reasons why becoming a CPA could be the key to unlocking your future success, along with some invaluable tips for kickstarting your journey while you’re still in university.
- Endless Career Opportunities: As a CPA, you have the flexibility to work in any sector you desire, whether it’s in wealth management, environmental sustainability, or even emerging industries like cannabis farming. From traditional roles in finance to cutting-edge positions in digital platforms, the possibilities are truly limitless.
- Diverse Range of Roles: Whether you aspire to be the VP of finance for a professional sports franchise, delve into international forensic auditing, or even carve out your niche as an entrepreneur, the CPA designation opens doors to a myriad of roles across various industries.
- Global Reach: One of the most enticing aspects of being a CPA is the ability to work anywhere in the world. Whether you dream of working in the bustling financial hub of Toronto, the serene landscapes of Fogo Island in Newfoundland, or even exploring opportunities abroad in Europe, the US, Caribbean, or Asia, the world is your playground.
- Job Security and Competitive Salaries: With over 220,000 CPAs worldwide and consistent demand from employers, job security in the field of accounting is unparalleled. Additionally, CPAs often enjoy competitive salaries, further solidifying the appeal of this career path.
- Opportunities for Giving Back: Beyond financial success, CPAs have the chance to make a meaningful impact by giving back to their communities. Whether it’s volunteering as a treasurer for a favorite cause or stepping up as a respected community leader, the CPA designation opens doors to opportunities for meaningful contributions.
Here are some tips to set you on the right path during your university years:
- Get Involved: Join accounting, commerce, or business societies on campus to network with peers and professionals in the field. These organizations often host events, workshops, and networking opportunities that can enrich your understanding of the industry.
- Choose the Right Program: Select a major or program that allows you to complete CPA prerequisite courses as part of your degree. This will streamline your path to becoming a CPA and ensure you meet the necessary academic requirements. You can view our transfer credit guides for the list of CPA PEP prerequisite equivalent courses from universities and colleges in Atlantic Canada and Bermuda.
Not a business student? Don’t worry, there is still a CPA path for you. To learn more, click here. - Utilize Career Services: Take advantage of your university’s career services department and attend career fairs to explore internship and job opportunities in accounting. Building connections early on can pave the way for future success in your career.
- Consider Co-op Programs: If available, consider enrolling in a co-op program to gain practical experience in the field of accounting. Co-op placements provide invaluable hands-on experience and can help you stand out to potential employers upon graduation.
Embarking on the journey to become a CPA offers a world of opportunities and benefits. By leveraging the advantages of the CPA designation and taking proactive steps to prepare for your future career while still in university, you’ll be well-positioned to achieve success in the dynamic and rewarding field of accounting.
Want to learn more? Contact an advisor to discuss your CPA path.
