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re: To get a CPA or to not?

Posted on 8/16/17 at 12:14 pm to
Posted by POCKET
Member since Nov 2011
2609 posts
Posted on 8/16/17 at 12:14 pm to
Most people get a Masters in Accounting so they will have the hours requirement to sit for the CPA exam (150 hrs). While not useless, the Masters of Accounting is generally obtained as a way to meet the requirement

While probably more difficult (due to less focus on accounting in MBA), I think obtaining an MBA and a CPA would be superior to a Masters of Accountancy and a CPA

If you have a CPA nobody is going to Care if you have your masters in accounting. But if you decide to get out of Accounting a MBA will carry more weight than a Masters of Accounting

This post was edited on 8/16/17 at 12:15 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37161 posts
Posted on 8/16/17 at 2:05 pm to
I'm going to agree with Pocket.

Before the 150 hour requirement came around, the only reason people got an Master in Acct was if they wanted to teach.

If you want to go public accounting, especially Big Four, they seem to like MACCT more than MBA, which is stupid, but that's what it is.

If you see yourself staying in Business and Industry, definitely get the MBA. But I would do it while working.

CPA certification is less valuable in B&I early in your career. Later on, it's good to have when going after controller type jobs.
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