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re: To get a CPA or to not?
Posted on 8/16/17 at 2:05 pm to POCKET
Posted on 8/16/17 at 2:05 pm to POCKET
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.
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.
Posted on 8/16/17 at 8:59 pm to LSUFanHouston
quote:
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.
I'll offer up a possible reason - in undergrad the focus is on GAAP, in other words, the accounting rules used for a for-profit corporation.
Accounting regs for auditing and nonprofit/government accounting get much better treatment in grad school and if you want to understand how/why accounting is done this is a necessary step. Same is true for internal controls and business governance.
An MBA is more about project planning, strategic marketing, etc. Important skills to be sure but if you want to run the show you really need both.
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