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Subject Topic: MAcc or CPA? (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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Nams
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Joined: 27 May 2010
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Posted: 27 May 2010 at 14:58 | IP Logged  

Hi

I'm an International student, with B.Com (H) and MBA in Finance from India.

I'm confused if I should go for Masters in Accounting or CPA? What offers greater job prospects?

Will getting a degree from college help in campus placements, and at least I wouldnt have to worry about searching for job later (if I do CPA).

Please advice!

Thanks.
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hmangat
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Posted: 30 May 2010 at 01:07 | IP Logged  

Get a CPA first! I wish I had.  I spent so much money on my Masters and still couldn't get a job in a firm or a higher management.  Now I am doing my CPA and then at least I can have a desent job.

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Mtaylo24
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Joined: 06 Jun 2010
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Posted: 06 Jun 2010 at 20:07 | IP Logged  

kcryan wrote:

Depending on state, you usually have to complete the MACC just to sit for the CPA.



Not really....
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onee1222
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Posted: 11 Jun 2010 at 15:08 | IP Logged  

I graduated May 2009 with my Bachelor's in Accounting. The following semester I took Law and the Accountant to be eligible to sit for the CPA (FL rules). My plan is to complete the CPA exams by the end of this year, and within 2011 I hope to finish the necessary coursework for certification, and be licensed by the end of 2011.

Following this, I am considering the MAcc, depending on my career status in 2011. I work for a local, Fortune 500, utility company and I have been here 7 years with the last 5 being in accounting/finance. If I can progress in my company without the MAcc, I won't rush it. This gives me time to focus on the "smaller" things.

My logic in this plan is, like I said, not to rush anything. I have a stable job which has given me opportunities to progress and I'm satisfied. The company reimburses all my expenses related to school and even the CPA so why leave? Am I happy here...happy enough. Once I have my CPA + MAcc, I'll have 10 years tenure with the company which enhances my resume and I'm benefitting from the support they give in my progression.

So, hopefully that helps. In my opinion, the CPA can be used to start your career in a reasonable place, but the MAcc (my opinion) seems like it's more beneficial for someone with experience and is on a path to management. I am on a path to management but I strongly believe in working my way up through the company. Maybe this will work for you, this is my plan. My plan for now anyways....

 

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Bridge
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Joined: 19 Mar 2009
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Posted: 24 Jun 2010 at 21:25 | IP Logged  

Get your CPA 1st most definitely. Although having a MAcc is a great
credential to have, in the long run, you have more flexibility with your CPA.

Don't put it off because really even though you have an 18 month window,
you only have 12 useful months to take the exam (since 4 are dead months).
Also,



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