Minnesota Education Requirements to Become a CPA

Taking the exam versus getting certified

Keep in mind that the education requirements to sit for the CPA exam are different from the requirements to  apply for the CPA certificate.  

Education requirements to take the CPA exam and earn the CPA certificate depend on the accreditation level of the college or university where the degree was earned (see Rule 1105.1500, Rule 1105.2900, and Minnesota Statute 326A.03, sub. 3 and sub. 6, for more information).


Level 1 accreditation

Definition: Your educational institution (a four-year degree-granting college or university) is accredited.

Level 1 schools in Minnesota

To sit for the
CPA exam:

Bachelor's or higher degree that includes or is supplemented by at least 24 semester hours of accounting at the upper division (junior-senior) level or graduate level, including coverage of, but not necessarily separate courses in financial accounting, auditing, taxation and management accounting.

To earn the
CPA certificate:

150 hours, which must include at least the following:

  • 24 semester hours of upper division or graduate level courses in financial accounting, auditing, taxation and management accounting
  • 24 semester hours in undergraduate or graduate level courses in business-related subjects or accounting
  • No more than six hours of this 48 may be from internships or life experience.

Note: Additional internship hours over the six allowed within the accounting and business concentration can be applied toward the 150 hours.

 


Level 2 accreditation

Definition: Your business school or college of business within the educational institution is accredited.

Level 2 schools in Minnesota

Requirements if you have a bachelor's degree:

To sit for the
CPA exam:

Bachelor's degree and completed at least 24 semester hours in accounting at the undergraduate or graduate level, including coverage of, but not necessarily separate courses in financial accounting, auditing, taxation and management accounting. An additional minimum of 24 semester hours in business-related or accounting courses at the undergraduate or graduate level are also required.

To earn the
CPA certificate:

150 hours. No specific courses required if you met the requirements to sit for the exam.

Requirements if you have a graduate degree

To sit for the
CPA exam:

Graduate degree and completed at least 24 semester hours in accounting at the undergraduate level or 15 semester hours at the graduate level or an equivalent combination. Courses must include coverage of, but not necessarily separate courses in, financial accounting, auditing, taxation and management accounting.

To earn the
CPA certificate:

150 hours. No specific courses are required if you met the requirements to sit for the exam.

 


 Level 3 accreditation

Definition: Your accounting program or department within the educational institution is accredited.

Level 3 schools in Minnesota 

To sit for the
CPA exam:

Graduate degree with a concentration in accounting.

To earn the
CPA certificate:

150 hours. No specific courses are required if you met the requirements to sit for the exam.

 


 Have questions?

The Minnesota Society of CPAs does not handle CPA exam applications or certification.

Contact the National Association of State Boards of Accountancy (NASBA) at 615-880-4200 to speak with the Minnesota Coordinator about questions regarding exam eligibility, specific college or university courses or other education requirement questions.

Contact the Minnesota Board of Accountancy at 651-296-7938 with questions regarding Minnesota education requirements or certification.