As with many fields, having a college education can drastically affect the kind of success you have with accountancy. Everything from salary, position, and company you work for can be impacted by the amount of education you have under your belt. This does not mean you cannot succeed without a masters degree, but it will certainly help if you do have a college education.
The reason for getting a college education is to gain knowledge and expertise in the field prior to getting your first job. Throughout the college experience, you may be required to get an internship of some sort along the way. Having an internship allows you to see first-hand what kind of work is done in this particular industry.
Not only is it much more difficult to get a job without going to college, but it can be difficult to get an internship as well. Anymore, internships are highly looked upon within the various professions in the world. It shows a company that you have pursued accountancy and still enjoyed the experience. This gives a company more assurance that you will not back out on them after a few months.
One thing you have to understand is even with a college education,...