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Accounting is a stable and respected career, and it’s in high demand, too. Indeed, it’s a vital component of every organization that handles assets (e.g., money).

The numbers support these statements, too. The projected job growth among accountants and auditors is 6% (BLS, 2023-2033). The high demand stems from globalization, a growing economy, and a complex regulatory environment.


Accountants and auditors also enjoy excellent pay – $81,680/year in median wages (BLS, May 2024). Most of these business and finance professionals also work on a full-time basis.

But there’s fierce competition for these high-paying, high-demand jobs. This is where certifications for undergraduate accounting students become valuable. These credentials boost your credibility and employability, as well as your career advancement.

Plus, you can start working on accounting certifications for college students ASAP. Start working on the eligibility requirements while you’re still in college. Earn one shortly after your college graduation, too.

So, are you interested in gaining a competitive edge in the accounting industry? Read on and find out more about the best accounting certifications for undergraduates.

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Why Certifications Matter in Accounting

Professional accounting credentials for undergraduates aren’t easy to earn. You’ll have to meet eligibility requirements and study well for the exam. But these certifications matter in your future career.

Certifications signal specialized skills and industry readiness.

You have the confidence to highlight your job-relevant knowledge and skills.

Employers often look for candidates with certifications, even if these are in progress.

Academic qualifications aren’t enough on their own in a competitive industry. Employers require or prefer entry-level accounting certifications for jobs.

They offer early career clarity and open doors to internships or job offers.

You’ll be able to identify your interests and career goals more clearly (e.g., tax). Plus, you’ll have greater access to internships and job offers.

Some can be earned while still in school or require minimal professional experience.

You can earn a QuickBooks Certification as a college student. But becoming a CPA or CMA demands relevant work experience and further education.

Certified Public Accountant (CPA): The Gold Standard

If you’re looking for a versatile accounting certification, be a CPA. Indeed, it’s the gold standard because it’s recognized in every industry. Plus, it’s a respected credential in foreign countries (e.g., Canada, India, and the UAE).

What Is the CPA?

The CPA designation is the most respected and respected credential in accounting. Indeed, it’s a mandatory credential for many roles, including:

  • Public accountants
  • Tax advisors
  • Forensic accountants
  • Internal auditors

Many corporations also prefer CPAs for the Chief Financial Officer (CFO) role.

CPA Requirements

Meeting the Certified Public Accountant requirements for students is a significant challenge. You must meet the strict eligibility requirements and prepare for the rigorous exam.

There’s also the significant time and money investment, between $2,200 and $6,600 on your first try. You can take 5-7 years to become a CPA, too.

Here are the basic eligibility requirements to remember.

  • A bachelor’s degree in accounting or a related field (e.g., finance, business, or economics). Be sure to check for valid regional accreditation for the university. Consider programmatic accreditation, too (e.g., AACSB or ACBSP).
  • A total of 150 credit hours of education. If you have a 120-credit bachelor’s degree, you must complete an additional 30 credits. Courses covered can include advanced accounting and business electives.

The next steps after meeting these eligibility requirements are as follows.

  • Apply for the Uniform CPA certification exam at the NASBA website.
  • Pass all four sections of the exam, as follows:
  • Auditing and Attestation (AUD)
  • Financial Accounting and Reporting (FAR)
  • Regulation (REG)
  • Choose one – BAR, ISC, or TCP
  • Meet the state-specific supervised accounting experience requirement (i.e., 1-2 years).
  • Pass the state-specific Professional Ethics Exam or its equivalent (e.g., ethics course).

How Students Can Prepare Early

Start preparing for success in the CPA certification for students ASAP. The earlier you prepare, the more you can save on time and costs (i.e., first-time success).

  • Complete relevant courses, such as financial accounting, auditing, and taxation.
  • Consider integrated 150-credit bachelor’s-to-master’s degree programs.
  • Look into completing additional undergraduate courses to meet the 150-credit requirement. You can either do it at your current university or at a community college.
  • Enroll in CPA exam prep courses while you’re still in college. Consider doing it during the summer and winter breaks.

If you’re not already in one, join a student accounting group, too. You’ll enjoy study support and networking opportunities.

Other Valuable Accounting Certifications for Undergraduates

While the CPA credential is the gold standard, it isn’t the only one. In fact, you can earn more than one credential, say, be a CPA and CMA. You’ll then broaden your skill sets and, thus, offer a wider range of accounting services.

Here are more of the best certifications for accounting majors to consider.

Certified Management Accountant (CMA)

The Institute of Management Accountants (IMA) offers the CMA designation. This is among the best student accounting certification programs because:

  • You can start the certification process while completing your undergraduate degree.
  • Your training focuses on financial planning, analysis, and internal business decision-making.

CMAs are respected professionals for managerial and corporate finance roles.

Certified Internal Auditor (CIA)

The Institute of Internal Auditors (IIA) awards the CIA designation to candidates who:

  • Hold a bachelor’s degree
  • Have 24 months of internal audit experience

This is ideal for students interested in audit, compliance, or internal controls. CIAs specialize in internal auditing practices. Job opportunities include auditing, compliance, and consulting.

Enrolled Agent (EA)

If you’re interested in taxation and tax accounting, consider becoming an EA. This is also a good choice if you’re planning to work with small businesses and individuals. The IRS administers the credential.

As an EA, you’re a federally licensed tax practitioner. You’re then authorized to represent taxpayers before the IRS. EAs focus on taxpayer rights, too.

There’s no formal degree requirement either. But you must have a strong undergraduate tax coursework. If yes, you can apply for the three-part Special Enrollment Examination (SEE).

Accounting Certificate Programs (Online and University-Based)

Consider online accounting certifications for students for their benefit.

  • Short-term, non-degree programs that can be completed in a few weeks or months.
  • Build your core skills or choose a specialization (e.g., management accounting).
  • Earn continuing education credits (CEUs).
  • Boost your resume for internship and entry-level roles.
  • Available via Coursera, edX, AICPA, and many online colleges.
  • Quality instruction at affordable costs.

Plus, you’ll enjoy flexible schedules and convenient access to learning platforms. Earn them while completing your degree.

Microsoft Excel Certification/QuickBooks ProAdvisor

Employers place a premium on these technical certifications. Both are administered by world-renowned brands, too, meaning global recognition.

Students have effective access to these certifications, too. You can leverage them for internships and small business work. Freelance accounting gigs are also possible.

How to Choose the Right Certification While in College

But which one of these finance and accounting student certifications is the best one for you? Choosing the right ones can set the stage for your success.

  • Define your interests and career goals first. Is it in public accounting, taxation, or corporate finance?
  • Consider the eligibility requirements and timing. Start with entry-level accounting certifications and build from them.
  • Factor in the cost and preparation time. The Microsoft and QuickBooks certifications are the cheapest and fastest to earn.
  • Earn certifications while also working as an intern or with part-time work.

Career Benefits of Earning Accounting Certifications Early

Each of the featured certifications for undergraduate accounting students offers these benefits.

  • Boost job offers post-graduation and stand out to recruiters
  • Higher starting salaries and faster promotion opportunities
  • Increased credibility and trust with clients, firms, and professors
  • Shows initiative and professional commitment

But you must leverage accounting certifications for college students, too. Otherwise, they are nothing but ink on paper or a digital badge on your profile.

Tips for Preparing and Studying for Certifications as a Student

Again, preparing ASAP for online accounting certifications for students is crucial for success. But it’s only one aspect of your preparation. Here are other useful tips for success.

  • Use school resources. Join accounting clubs, attend review sessions, and seek faculty mentorship.
  • Sign up for student membership discounts. Join the IMA, AICPA, or IIA as a student member.
  • Leverage online prep platforms. Gleim, Becker, and Surgent are excellent.
  • Enroll in student accounting certification programs in or outside of your college.
  • Build a study plan that accommodates your class schedules.

Conclusion

In conclusion, certifications for undergraduate accounting students are powerful tools. You’ll gain in-demand skills that boost your competitive edge.

Be sure to start your certification journey ASAP. This is true regardless of your choice – CPA, CMA, CIA or EA, among others. Early planning and execution mean higher chances of success.

With many professional accounting credentials for undergraduates, it’s a challenge to choose. Make the right choice by considering your interests, goals, and timeline.

With planning, you’ll earn not just a bachelor’s degree. More importantly, you’ll have accounting certifications that open opportunities.

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