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How To Solve The Accountant Shortage in the US: Miles Miles US Pathway

Main Author

Miles Education- Accounting

22-08-2024

  • 5 min read
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Introduction

The accounting industry is facing a critical shortage of qualified professionals. The AICPA estimates that 75% of today’s public accounting CPAs will retire in the next 15 years.

This shortage is being driven by several factors, including the retirement of the baby boomer generation, a decline in the number of undergraduate accounting majors, and the increasing complexity of the accounting profession.

One way to address the accountant shortage is to attract more international talent to the US. The Miles US Pathway is designed to do just that. This program is offered in collaboration with top US universities, and it provides students with the skills and knowledge they need to succeed in their accounting career in the United States.

The Miles US Pathway is a STEM-certified program, which means that students who complete the program are eligible for a 3-year Optional Practical Training (OPT) visa.

This visa allows students to work in the US for up to 3 years after graduation. This is a great opportunity for international students to gain valuable experience and network with potential employers.

Benefits of the Miles US Pathway

The Miles US Pathway also offers several other benefits, including:

  • A rigorous curriculum that covers all aspects of the accounting profession
  • World-class faculty and a wholesome experience of top US universities
  • A supportive and collaborative learning environment
  • Career services support to help students find jobs after graduation

If you are an international student interested in pursuing a career in accounting, the Miles US Pathway is a great option. This program will give you the skills and knowledge you need to succeed in the US accounting market.

What does the Accountant Shortage in the US mean for Indian Accountants?

benefit of accountant shortage in usa for indian accountants

Indian accountants have a unique advantage in the US accountant shortage.
Let’s understand these in details:

  • Opportunity to work in US offices of top public accounting firms: They gain access to esteemed US offices of leading public accounting firms, which can significantly enhance their career prospects.
  • Earn a starting salary of $60K+ (INR 50 Lakhs+): With starting salaries of $60K+ (INR 50 Lakhs+), Indian accountants can kickstart their careers on a high note and achieve financial stability sooner.
  • Live your American Dream: This opportunity allows them to pursue their aspirations of living and working in the US, fulfilling the American Dream.
  • Be the flagbearer of Indian Accounting talent in the US: By excelling in their roles, they become ambassadors of Indian accounting talent, contributing to the global recognition of Indian professionals.

How Miles US Pathway is Solving Accountants Shortages in the US?

Here are some of the specific ways that the Miles US Pathway is addressing the accountant shortage in the US:

  • The program is offered in collaboration with top US universities. This ensures that students receive a high-quality education from a reputable institution.
  • The program is STEM-certified. This means that students who complete the program are eligible for a 3-year Optional Practical Training (OPT) visa, which allows them to work in the US after graduation.
  • The program offers a rigorous curriculum covering all accounting profession aspects. This ensures that students are prepared for the demands of the job market.
  • The program has tie-ups with the top US universities. This allows candidates to gain quality training and allows students to network with their peers.
  • The program offers career services support to help students find jobs after graduation. This ensures that students are well-prepared for their future careers.

If you are an international student who is interested in pursuing a career in accounting, the Miles US Pathway is a great option. This program will give you the skills and knowledge you need to succeed in the US accounting market.

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