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re: Value of MBA when you have MS Accounting ?

Posted on 6/20/17 at 8:00 pm to
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 6/20/17 at 8:00 pm to
MAcc is redundant with a CPA really. From my understanding, and correct me if I'm wrong, but Masters classes usually aren't transferrable to MBA programs.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/20/17 at 8:37 pm to
the two programs share 3 classes.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/20/17 at 8:49 pm to
Thanks for everyone's input.
Posted by lynxcat
Member since Jan 2008
24159 posts
Posted on 6/20/17 at 9:18 pm to
Yes, getting it is a no brainer if it is such few classes and from a top 20 school.

She will likely want to leave the B4 one day and it will check boxes that are required on basically all director level and up roles at any large company. She won't get much value out of the MBA if she stays in B4 but it never hurts to learn new things.

She should try to take as many classes that are NOT Accounting and Finance as possible. As much exposure in customer analytics, marketing, strategy, operations, and human resource management as possible will round out her skill set.
Posted by lynxcat
Member since Jan 2008
24159 posts
Posted on 6/20/17 at 9:23 pm to
I'm trying to figure out which school this is...

I assume she would be going on evenings on weekends if she is staying at work. You also mentioned Top 20 which means it is likely a program on the 15-25 range.

NYU has an evening program.
Darden doesn't offer any working programs
Ross is more like Top 10
Goizueta (sp?) Emory may have a working program but I don't remember
McCombs only has lock step programs
Fuqua only has its cross continent program
My guess in Kenan-Flagler's online program?

Posted by TheWalrus
Member since Dec 2012
40560 posts
Posted on 6/20/17 at 9:39 pm to
Probably. I get ads all the time from them about "top 20 MBA online program."
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/20/17 at 9:58 pm to
I think, as some have mentioned, the courses that we thought would carry over will not.

She aced the GMAT, so if anything, she will apply again at Wharton or NYU in a year for their executive program.

Thanks for the advice everyone.
Posted by lynxcat
Member since Jan 2008
24159 posts
Posted on 6/20/17 at 10:02 pm to
There is a big difference between working professional programs and executive programs. Make sure that she understands the dofferences. Executive programs generally cost $30k+ more than the other programs and generally have students with 12-15+ years of experience.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/20/17 at 10:11 pm to
Will do. I was just mainly curious if there was much benefit or was it redundant with already having a masters. When we were looking at the prospectus and she had 3 classes already it seemed a no brainier. If she has to do the whole thing it def would need to be a TOP school she can easily commute to on weekends etc.
Posted by lynxcat
Member since Jan 2008
24159 posts
Posted on 6/20/17 at 10:25 pm to
MS Accounting bears no relevance, CPA is everything in Accounting.

If she wants to be a Controller then no MBA required, only CPA. If she wants to be a CFO or most other business functions then the MBA will be helpful.

I've done significant research on all top programs in the country. Happy to help if she would like to talk.
This post was edited on 6/20/17 at 10:28 pm
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/20/17 at 10:44 pm to
I stand corrected.

This post was edited on 6/20/17 at 10:52 pm
Posted by reb13
Member since May 2010
10905 posts
Posted on 6/20/17 at 10:47 pm to
quote:

She is internal audit manager now at new company.


That's accounting.
Posted by lynxcat
Member since Jan 2008
24159 posts
Posted on 6/20/17 at 10:48 pm to
Audit is definitely a form of accounting. It is a focus on controls and processes around all financial systems and the reliability of its reporting. Tax is the part of Accounting that is unique.
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