Looking for some advice here. I recently turned 25 and have no prior college background, completed highschool and have been working since I was 17, but never went to college because I didn't know what I wanted to do and I am not someone who comes from a rich background who can afford to switch classes if I change my mind. With that being said, is it possible for me to climb the corporate ladder and become an accountant with no degree? What if I do specific certification classes instead?

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You can move up but not the direction you’d prefer. Your best option if you want to avoid debt is either enroll in a good community college to complete your general education requirements and transfer to a 4 year program to complete part-time while paying cash. Or, you could do option one and work for a company that will pay towards your education each year. You’ll need a degree at minimum and maybe a masters to get your CPA. There’s been some changes in eligibility to get CPA license, so you’d want to verify.

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I came here to say all that WF1 said and they said it better! Good luck op!

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You need a degree to advance in accounting. There’s no way around it. If you want little debt, get a degree through Western Governors University. It’s an online university few have heard of, but the degree is accredited. I got my BS there while working as an AP clerk. Get the degree. Feel free to DM me. Good luck!

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I transferred my community college credits I had done for another major. As a Manager mentioned in another comment, you’ll have to work hard on networking and getting visibility from firm recruiters. See if it’s possible to join “meet the firm” events at brick and mortar schools.

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Just echoing what everybody said - you need a degree and while you don’t need a masters, you’ll need at least 150 credit hours to be a CPA unless your state has changed the requirements.

I went back to school at your age and am so thankful I did. It’ll suck and you’ll go into debt but do CC for as long as possible, make good grades, be frugal, and pay it off.

I know somebody mentioned an online college but firms do favor a group of schools based on geography and recruit heavily from them. I would look at a traditional 4 yr college to actually graduate from. These accounting programs have connections with firms that will help walk you into a job if you have the GPA and don’t have your head up your ass.

If it helps, you can think of college as a sunk cost you cannot avoid instead of an “investment”.

Just my .02

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I concur with all the other post. Another option to consider before making the investment, take some fundamental courses to even see if you will like it, can grasp it etc. A couple of websites you can look into are:

1) https://www.ed2go.com/courses/business/accounting/ilc/accounting-fundamentals

2) www.accountingcoach.com

Both offer an affordable way to learn a subject at a minimal cost. You can start with Accounting coach for free or join with a subscription that is a one time fee.

Again, ultimately like others have said, to really make mo ey and have upward career options in accounting, you will need a college degree and an industry credential. Common accounting certifications include:

the Certified Public Accountant (CPA),
the Certified Management Accountant (CMA),
the Certified Internal Auditor (CIA),
the Certified Fraud Examiner (CFE),
information systems auditing (CISA),
financial forensics (CFF),
Enrolled Agent (EA)

The best certification for "you" will depend on "your" career goals and chosen specialization.

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You can’t climb the corporate ladder without a degree. Probably can’t even get anywhere near it. Either be content with you are doing now or go get a degree and preferably a license.

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You need at least a bachelor's degree and ideally your CPA license. If you do a few years of public accounting, that firm will pay for your CPA license fees and study materials.

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If you want to get ahead, you need a CPA license. Which requires some college classes.

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I would just become a certified bookkeeper you can still get up the income ladder that way as well you already have 8 years experience but don't stay too long at one company learn as much as you can for a few years and move on I made the mistake of working at a non profit for 18 years in the finance office and it hurt me, I'm having a bitch of a time finding a job now at 60 yrs old! Good luck

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You could also look into employers that offer Education Assistance. My company will pay for school after you have been here a year and the degree would help in your job. That would be the cheapest way to do it.

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Yes!!! It’s is possible, you just have to find a company who sees your hard work, intelligence and dedication! It MIGHT be hard to move to another company though. Finding a NEW job might be a bit of a challenge. But if you have enough years under your belt, you should be ok.

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OP - I am not opposed to starting college classes, I just want to have as little to no debt, if possible. This post might be a stupid question but I have the experience, quick to learn, great work ethic; just don't have the associates/bachelor's/masters to back it up.

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I recently got my degree at 57. You may get promoted but you won't get the pay you deserve (like degreed accountants). This isn't the rule but getting great pay as a non degreed accountant is the exception. I've been in the accounting field since I was 17 and I had an associates at 19 (from community college - it was way cheaper). Even with that, it was difficult. Take my advice and get the degree no matter how long it takes. It will be worth it. Good luck to you.

likesmart

Talk with your local Community College. Depending on which state you live in, there may be funds available to help you.

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There are ways to get college degree with minimum debt. I know personally a person (who was a partner at Big 4) who went to “no name” college and in his 3d year transferred to “big name” college and said that level of education was very similar and teachers/professors were devoting more time to students at no name school. This was many years ago, but these things don’t change. What this partner acknowledged that it was easier to get hired from big name school. However, I know that these days even Big 4 hire people from non target schools if grades are good. And you don’t need even to go to Big4 to build a career in accounting. Good luck!

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I graduated with a 4 year bachelor degree at 30 years old. No debt. Paid in cash by working part time 25-30 hours a week and taking evening / online classes. 2 years in community, transferred to a local 4 year uni to finish up the last 2 years. It's not easy, but it can be done if you have the drive and determination as you say you do. People take on 40-60k of debt for a brand new car that loses value as soon as you drive it off the lot. If you need to take 10-20k of debt for a degree that will pay for itself isn't that bad of a game plan in the scheme of things IMHO. Dont waste your time with certification. They arent worth it if you dont have a 4 year degree.

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to add, while in college i worked the entry level jobs ... AR, AP, bookkeeping, audit intern... the hourly pay was decent and helped pay for my degree. make sure to do internships at big firms. 4 year degree + internships at big firms doing audit or tax will really jump start your career

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