MS in Management vs. MS in Accounting. Which one will you choose?

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  • #191503
    AGI
    Participant

    Ah….

    I can’t decide what to write on my master application…

    If you have a BBA in Accounting….

    WHICH ONE WILL YOU PICK?

    MS in Management or a MS in Accounting?

    —-

    The good part is there are only two choices…=)

    NY - CPA

    New York - NYC
    Passed CPA Exam (11/2014)
    In search for a position in NYC that will fulfills the license requirement.

Viewing 5 replies - 1 through 5 (of 5 total)
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  • #642694
    quantumfizz
    Participant

    MS Accounting. Get the technical skills. If you want to go the “Management” route, I think an MBA from a good school will yield a much better ROI. To get the “MS in Management”, you could probably find books with similar content online. Get feedback from those above and below you at work in order to improve your management skills. Conversely, since you already have your CPA, I'm not sure how much value the MS Accounting will add – depends what you want to go into and why you're getting it. I'd bet you would learn a lot more than in either program and get a lot more job offers by setting up coffee/lunch/drinks with professionals in your field. Think about it from a time perspective – if you spend the same amount of time networking as you did studying, how much more you could diversify not only your knowledge set, but also your personal brand.

    #642695
    mla1169
    Participant

    Get the MS in management. You've already got a degree in accounting and a CPA, there's not a lot of value added by another accounting degree in the workforce.

    FAR- 77
    AUD -49, 71, 84
    REG -56,75!
    BEC -75

    Massachusetts CPA (non reporting) since 3/12.

    #642696
    Anonymous
    Inactive

    Depends on what you want to do and where you want to go. From what I've gathered, MBA (or MS in Management I'd assume) is more valuable for those who are wanting to climb the ranks in private/industry, whereas the MS in Accounting is more valuable for those who are wanting to stay in public and perhaps have a higher billable rate. Not sure which would be better at the partner level in public, but seems like shy of that, MS in Accounting is more common. MBA is more for jobs that are hybrid of business and accounting like CFO, whereas MS Acct is more for jobs that are pure accounting, and public accounting has more Masters-level pure accounting roles.

    Myself, I'd go with an MBA, because that aligns more with my interests.

    #642697
    Anonymous
    Inactive

    An MS in accounting is worthless when you already have a bachelors in accounting. It's a $20,000 review course. If you want a masters in management- get an MBA.

    If I were you, I'd get an MST (but only if you plan on doing tax), or just take some interesting classes at a community college. Like pottery or ballroom dancing or something.

    #642698
    tomq04
    Participant

    I took spanish at the community college to finish up my last 5 required classes. Way cheaper, I learned lots, and had fun. I can't imagine a world where the masters was worth more than the CPA. For what it's worth my local universities (3 to choose from) either are:

    A) bad, and $30k.

    B) Good, and $~50k.

    REG- (1) 76
    FAR- (2) 64, (5)74, (7)83 (Over achiever!)
    AUD- (3) 70, (4) 75
    BEC- (6) 75

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