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Vault Message Board: Accounting

Topic Name: education guidance for career
Message Name: CPA & MBA
Date Posted: 07/24/2003
In Reply To: You career plan inconsistent then. Look, you want to hit CPA license. Then you need to earn public accounting experience (in case you shoot for full blast license - audit earned license), if you want to get non-audit license then it's another story. Hit CPA license, before you go to a grad bus school (MBA). Of course, it depends what school you're fishing. Check with the Board of accountancy and find out how many accounting credits they require to sit for the exam. GET a job in a CPA firm. Then hit MBA program. BE SURE NOT TO TELL those idiots (sometimes they're) in the CPA firm that you plan to go to MBA program. :)
Message: If you are in a state that has a 150-hour requirement, then you obviously need grad school. If you want the CPA, you will need a certain amount of undergrad courses and hours, so an accounting major makes sense. I think the MBA and CPA are a little incongruous, and here's why. You NEED the extra 30 hours for the CPA, but the Big 4 don't really care about the extra degree UNLESS you do an MST and want to go into tax (but even then, they would prefer a JD over an MST). Now, that being said, many of the top grad schools want you to have a few years of work experience first. So if you want to get your CPA in a 150-hour state AND you want to go to a top grad school, you will have to go to work in public accounting without being able to sit for the CPA exam. However if you do that, unless you have a great undergrad GPA, I don't think working in a Big 4 firm for a few years without a CPA will impress the top-tier grad schools, AND you won't get promoted past senior (if that) in a Big 4 without your CPA.

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