Everyone will tell you something different, so here is my own take on my experience with juggling the MAcc program, CPA exam prep, and a part-time job. For reference, I am taking 8 credits this quarter (or 15 for the semester), work 10 hours a week, and study about 20-25 hours a week for the CPA. I am here to tell you, you can do it! It may take an extra cup of coffee in the morning but it is completely doable.
They will tell you the program is not geared towards the CPA exam and it is not. However, you can make it align a little better for yourself. For instance, one of our first required courses is Financial Reporting. I knew this when registering for the exam and chose to study for the FAR section first. While the financial reporting class is not adding much benefit to my FAR CPA study prep, on the flip side, by studying for FAR CPA it has made my financial reporting class much clearer. We just took our first midterm and because I have been studying FASB rules and very detailed transactions for my CPA class, I had the background knowledge already drilled into my brain. This helped me so much on the midterm because if I ever got stuck I could always remember the basics, think back to my CPA class, and really think about why that transaction happened the way it did. So yes, the program is not geared towards the CPA exam, however, the material coincides pretty well.
What about finding the time to study? First of all, you should be aware that Ohio has a 150-credit hour rule to sit. This means that students hoping to sit for the Ohio CPA exam will most likely not be able to start taking the exam until they have completed the MAcc program. I am an out-of-state student, so I am able to sit at 120 hours. Each state is different. This is important to note for study groups! Because I am only able to study with a select amount of people who are also in the same boat as me, a lot of my study has to be self-disciplined. I aim to study 3-4 hours a day and if we have a football game I’ll give up my Friday nights to make up for those extra hours lost spent tailgating on Saturday. I sit for my first section of the exam in November. More to come on my study experiences as the date gets closer. Go, Buckeyes!