In the realm of accountancy, a groundbreaking shift is taking place, shaping the dreams of countless Indian accountants. Thanks to innovative programs like the Master’s in Accounting with Analytics Track, Indian professionals are finding a pathway to work in the US. Let’s delve into the transformative journey of Indian accountants, their work opportunities in the USA, and the driving force behind this inspiring migration.
Huge Demand For Accountants in the USA:
Yes, there is a huge demand for accountants in the US!
As per the Bureau of Labour Statistics, the employment of accountants and auditors is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations. About 136,400 openings for accountants and auditors are projected each year, on average, over the decade.
The American Institute of Certified Public Accountants (AICPA) reports a decline in the number of graduates with accounting degrees and a drop in exam takers and pass rates. This trend, coupled with the findings of a Deloitte poll revealing talent retention challenges for accounting and financial positions, highlights the rising demand for accountants in both the public and private sectors.
“82% of hiring managers for accounting and financial positions at public companies and 69% at private companies said talent retention is a challenge.” – Deloitte
Journey of Accountants from India to the USA:
Over the course of our 12-year journey as a CPA course provider, we understood the potential of Indian accountants that they are extremely talented and skilled and should not be restricted to just India. They are employable everywhere, including in the US. However, negotiating this route proved difficult and dissimilar from the simple procedure that Indian engineers go through to apply for US IT jobs.
The problem was that accountants were not granted work permits. While those studying for master’s degrees in technology in the US were granted a three-year work visa, those pursuing master’s degrees in accounting were only granted a one-year work permit. However, Miles Education recognized this as a problem for our Indian accountants and creatively solved it!
Miles’ Masters in Accountancy Program:
Miles partnered with top US universities, transforming our MS Accounting program into a STEM powerhouse by integrating Business Analytics. Now, our students enjoy a 3-year work permit, just like engineers! Plus, we’ve slashed costs by over 50%, ensuring an affordable and accessible pathway for Indian accountants!
So let’s break down this journey for you!
Live Your American Dream in the USA:
Hundreds of Indian accountants have embraced the Miles’ US Pathway, leading the American accounting landscape. With the numbers set to multiply, this success story continues to inspire Indian accountants to become globally accredited professionals. As the world’s best CPA training institute, we aim to bridge the gap and assure placements in the top US accounting firms for our Miles alumni. The starting salary of accountants in the US is $60,000+ (INR 50,00,000). Join us at Miles, where your career aspirations meet a world of possibilities. Your journey to a rewarding accounting career starts here.