Miles Education, the fastest-growing higher education technology firm in India and a well-known and reputable name in the field of CPA (Certified Public Accountants) programs, has its eyes on the US market.
The US market offers Miles a sizable window of opportunity for his accounting and finance business. Due to a dearth of skilled applicants with experience in accounting and finance, many businesses and organizations across the nation are having difficulty filling accounting and finance positions. The overall number of open listings for US accounting and audit roles stood at 177,880 jobs as of November 2022, up from 141,340 open positions a year earlier, according to a survey by Revelio Labs Inc., a provider of workplace analytics.
For students interested in a career in accounting, Miles Education offers STEM (Science, Technology, Engineering, and Mathematics) programs. By integrating business analytics into Master's in Accounting/Finance degrees, the firm worked with numerous US universities to certify these courses as STEM.
Varun Jain, CEO, of Miles Education, says, “Miles is committed to giving Indian students a path to building rewarding careers not just in India but overseas as well. The US market is struggling with an acute accountant shortage. The hiring challenges have multiplied for organizations post Covid-19 with a huge decline in the number of job seekers. Various studies show the US labour force shrinking since early 2020 with baby boomers retiring.”
With its integrated programs, Miles seeks to close this growing gap. With its top-notch educational curriculum, it hopes to give accounting students a foothold in both India and a sizable market like the US, where there is a rising need for educated accounting and finance professionals. With the main four accounting companies, Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers (PwC) preparing to boost up hiring in India, students have the possibility to pursue profitable positions in addition to the US.
He adds, “All these developments have created significant demand for qualified candidates who have the requisite subject expertise to fill a growing number of accounting and finance positions going unfilled in a market as big as the US.”
The benefit of acquiring a three-year work visa, usually only available to engineers, is available to students enrolled in the integrated program.
In partnership with reputable US universities, such as Broad College of Business (Michigan State University), Lerner Business and Economics (University of Delaware), Weatherhead School of Management (Case Western Reserve University), LeBow College of Business (Drexel University), USF Muma College of Business (University of South Florida), Rutgers Business School Newark and New Brunswick, and Driehaus College of Business, Miles is providing students with a CPA + Masters' program (Rider University).
With an eye on the international market, Miles has developed a dual-degree program that allows students to complete an online PGDM (International Accounting & Finance) from a top B-School in India that has received AACSB accreditation. These students are able to transfer credits from Indian business schools to US business schools (which are also AACSB-accredited).
The STEM program, which offers dual degrees to students, was designed to enable them to forgo the pricey higher education in the US. The costs associated with tuition are decreased by at least 30 percent. Also, shorter Master's degree completion times allow students to save a lot of money on American living costs.
There are additional benefits to enrolling in a dual program. Due to shorter deadlines and lighter course loads, students have more time to network and form relationships in the US. Moreover, students get more time to study for and pass the CPA exams and are eligible for GMAT, GRE, and IELTS waivers (while they are in the US). By choosing Miles' CPA + Masters program, even recent graduates can make a competitive salary, and individuals with previous work experience can command yearly salaries in the six figures.