Thursday, September 1, 2011

What's the difference between a Master's in Accountancy and an MBA focused on Accounting


What's the difference between a Master's in Accountancy and an MBA focused on Accounting?
My current school offers a 5-year Master's program in Accountancy but I would like to get my MBA from a better school. I was wondering if it would be redundant to get both? p.s. I am thinking about the 5 year Masters at my current school because that will give me the 150 credit hours i need to take my cpa exam. Thanks!
Higher Education (University +) - 1 Answers

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MBA programs focus on general business areas. Even if there's a concentration offered, you actually take very few courses specific to it. When you come from an undergrad business degree area it is particularly redundant material as you've already learned much of it. In your case if you are interested in being a practicing CPA then an MBA is going off in the wrong direction (and a costly one at that). Take the master's in accounting instead. It's more relevant as it focuses on higher issues within accounting itself. In particular, the 5th year program is VERY appealing as it's only a year additional beyond undergrad. That is a golden opportunity so you can be out ready to work after you're done. Jump at this opportunity, it's a perfect match for you. Overall, don't try to stay in school for too long if you can avoid it. Getting out earning full time work experience is far more important for these types of careers.

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