<p>Hey i was recently accepted into teh Fordham CBA and the UCONN general studies. I am a resident of CT and i want to work in NYC or Boston (some big city). However i will probaly recieve no help from either financially. Which one would be better with the money factor playing an issue? having 110,000 in loans(getting my CPA) from fodham or having 10,000 in loans from UCONN (getting CPA). </p>
<p>Also i plan to minor in either law or marketing to help my major. which one would offer a better oppurtunity/different job track? thank you</p>
<p>I think UConn is an accounting accredited school and Fordham is not, I'm not too sure so find out which school is accounting accredited first.</p>
<p>If I am correct about UConn being an accounting accredited school, go with that, plus it will be cheaper for you since you will only have to pay in-state tuition.</p>
<p>It should be accredited in accounting. There's different criteria for accounting, obviously. I don't know about your NYC question but generally, if you come from a school that's not accredited in accounting, you will have less job offers.</p>
<p>i would go to uconn.... i graduated with a finance degree a couple years ago, and pretty much all the accounting majors I knew were going to work for the big 4 accounting firms... the professors are extremely well know in that department.</p>
<p>Accounting is accounting no matter which school you take it at. At the end of your degree, it helps having enough knowledge to pass the CPA exam and to do audits properly (which seems to be in relatively short supply based upon the Madoff and Satyam messes). Since I expect the Univ of Connecticut to be able to supply you with this info (at a $100,000) savings over the cost at Fordham, that's where I'd go.</p>
<p>P.S. I suggest you look for the thread on here by taxguy that gives great answers on accounting. Oh, and I'm currently an active CPA in two states myself (California and Utah), and used to also be for Arizona (which I let expire since I no longer do work there).</p>
<p>ok so i found out some information...
i talked to 1 recruiter, the freshman dean at fordham and the fresh dean at UCONN
here's wut i found out (so that you guys will become more knowledgable)
UCONN recruits to hartford ALOT...rarely does it send people to boston or NYC...
fodham business you must maintain a 3.5 to go to their 5 year graduate school </p>
<p>Since fordham has better oppurtunity...as of right now im going to go with fordham because there name is very well known and they recruit ALOT to NYC....
the last thing ( and this is a BIG red flag for me) is that UCONN's graduate program is online....
to also clear up misinformation...
the accounting accredidation is vey new...not even BU or BC have it....recruters do not care really about having both AACSB's....all they care about is that the school has 1</p>
<p>Fordham: better location... more connections in the nyc area.
UConn: Cheaper and a better program... higher % of graduates going to work for big 4 firms, which is what is most important... I'd go to uconn, get a job with a big 4 firm, work a couple years, get your cpa, and then go where ever you want.</p>
<p>I think Omniscient summarized it well.
Here's an excerpt from taxguy's Accounting thread that might help you.</p>
<p>"4. Should I go to the highest ranked schools for accounting? This question seems to be asked in one way or another many times and is probably the most frequently asked question about accounting. </p>
<p>Answer: As long as a school is accredited ( AACSB accreditation and regional accreditation), it DOESN'T MATTER which school you attend. The reason is that the State Boards of Accountancy mandate the curriculum. Thus, from school to school, probably 80% or more of the courses taken will be the same. Even the books used are usually the same. Thus, going to Wharton, vs. University of Texas, vs. UVA, vs. Baruch College vs. Maryland will probably not increase your job opportunities that much from school to school for accounting jobs. Moreover, the pay is fairly set among starting accounting jobs. Attending a top, name school might get you a few thousand dollars more to start ( and I mean only a few) ,but it usually evens out among school. </p>
<p>You should understand the process: Accounting firm partners usually interview at their local schools. Thus, if you want to live and work in Memphis, Tennessee ( as an example), you probably have an edge going to college in Tennessee than at University of Texas. The same can be said about NY schools. Again, for accounting, it won't make a difference whether you attended Stern ( NYU) or Baruch College.</p>
<p>I should note that there is one exception to what is noted above. Corporations ( that aren't accounting corporations), tend to interview in greater numbers at the better schools. Thus, in that way it might make a difference. However, for accounting jobs with accounting firms, the school is irrelevant as long as it is accredited."</p>
<p>I also got advice that if you want to get an out of state job you should take the initiative to find them and contact them and basically "recruit" them yourself.</p>
<p>I agree with the most of the board but there is something else to consider. In most states you must have 150 credit hours to sit for the CPA which means a MBA year. I believe both NY and Ma have that requirement. So in addition to the undergrad, you will have to get the 5th year. That is where the real location decision comes into play. Since you want to work in NY or Boston, that is where you should go to grad school. Most offices of the larger firms and in general recruit near their offices, so that I would go to grad school near where I want to work. </p>
<p>IMO UCONN undergrad would be the way to go, with stellar grades and then choice your grad school. UCONN has a great MBA program that includes a partial online option, but also at STORRS and i think W. hartford.</p>
<p>I don't think you need a masters in accounting to get your CPA and I don't think that 5th year is called grad school.</p>
<p>I think that 5th year you are talking about is just an additional undergraduate year that students take to complete their accounting courses and get 150 hours.</p>
<p>some states do not require you to have masters in accounting to sit for the cpa.... CT is one of the states that does.... MSA is normally around 30 credits, or 10 courses.</p>
<p>dont get it mixed up, this is coming from 2 colleges and a recruiter....where you go DOES impact your future. The difference between UCONN and fordham is location...and as anyone in business will tell you location is HUGE...
girl in NJ is right about firms like to recruit from the local schools...with that being said people in NYC make (on average) more money than people in other smaller cities. </p>
<p>however she is wrong about UCONN...their whole mba program is online. i spoke to a person from the Storrs campus and was told this information.</p>
<p>Sure but a recent college graduate living in NYC will see a lot of their income get eaten up by living expenses in one of the most expensive cities in the world. Enjoy.</p>