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Driftwood
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| Posted: 19 Dec 2009 at 13:30 | IP Logged
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What kind of socials were these, Beta Alpha Psi, and what kind of dancing was this? (Maybe I should take a few lessons if I ever decide to go back to school.) Anyway, that's an interesting dynamic. I guess you just have to be a good performer and put on a show, and we all know you have to do that anyway when it comes to interviews.
If I were to go to grad school for the MACC, it would just be for the exposure to the firms, as I already have the necessary hours to be a CPA. I really wouldn't expect the MACC itself to increase my ability to get hired, but since the firms recruit in the Fall, it might be beneficial to be a current student when the career fair and interviews are going on. I'm not sure it's worth the time and money at this point, though, and I guess I'll figure that out after I get my license, which will hopefully happen in the next several months.
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mikejeff
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| Posted: 19 Dec 2009 at 14:02 | IP Logged
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I saw a stat a few weeks back that said that, a few years ago, 70 percent of hires at Big 4 firms came from in-house internship programs. I don't know if this figure is first-year hires or total hires. Now that number has climbed above 90 percent.
I knew that most Big 4 internship hiring basically takes place a year in advance - interview during the spring for next spring. But more and more national, regional, and even local firms are following suit. The only firms recruiting on my campus this fall for spring internships were small, local one-office firms. There were a number of big-name corporate internal audit internships, but that's it.
The hiring time line seems to have always favored taking on undergrads. Now that they're hiring fewer people, that means a lot less room to get in outside of internships, which, again, are not a good fit for the time horizon of most MAcc students. During some company visits to Beta Alpha Psi meetings, our faculty adviser has pointed out that we also have plenty of bright, hard-working grad students who don't fit in with any of the presented hiring programs. The recruiters have basically just shrugged and said that they're not doing much direct hiring right now.
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Inspired
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| Posted: 19 Dec 2009 at 14:11 | IP Logged
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The other choices are to keep applying to these crappy bookkeeping jobs, doing nothing (by not doing the Macc), or become a electrician or nurse.
As far as the networking events. GO to every college event and fake it to you make it. I did this in my undergrad and it worked, a top firm recruiter remembered my name and brought me in for 2 interviews.
__________________
CPA Exam - Passed
Let's Pretend it's all good
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Driftwood
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| Posted: 19 Dec 2009 at 14:18 | IP Logged
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Mikejeff, I've never heard of the Big 4 or any other CPA firm interviewing much during the Spring. I mean, maybe they do things differently in other parts of the country, but here in the South, they do their recruiting in the Fall. Usually, the accounting career fairs are held in September, and the interviews are conducted in October for Spring and Summer internships and for full-time positions, which start the following Fall.
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Donald11
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| Posted: 19 Dec 2009 at 14:27 | IP Logged
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Inspired wrote:
creditfigaro wrote:
The correct choice depends upon your needs.
Sometimes getting an MBA from a local university is what your employer needs from you. However, I wouldn't go to any MBA program that wasn't at least top 15 if you were doing it to open up general career opportunities. Getting a crappy MBA damages your chances of getting into a really good MBA program later on.
The MACC, on the other hand, isn't the same education. You can do a Macc, get into a firm, work a few years, and use your old GMAT score to get into a really good MBA program. That's my plan. Besides, a MACC only lasts one year. An MBA takes two.
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Right the MBA will not give you a chance for the job. The Macc gives you more of a chance if your in the "top of the class".
Full time Macc is 1 year if you have a bachelor's in Accounting.
The GMAT expires in 7 years from what I read online, so we better get a good job out of the Macc soon if this plan works.
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The GMAT expires in 5 years.
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Topic: Back to the Macc?
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