M.S. Finance or B.S. Accounting?

<p>What do you all think would be all around more useful, a M.S. in Finance or a B.S. in Accounting?</p>

<p>I could do either and both would take about the same amount of time.</p>

<p>I’m assuming the BS accounting program is a 5-year that makes you eligible for the CPA exam, right? I wouldn’t get an MS in finance because it’s not much more helpful than a BS in most cases. The thing about finance is that to get the jobs that make it better than accounting, you need to go to a top program, otherwise it might be easier to just get there through accounting experience.</p>

<p>Since I already have 120cr hrs, by the time I finish I’d have around 180 so if I’m not mistaken all I’d really need to do to be eligible for the CPA exam is get a BS in accounting (despite my first 120cr hrs not being relevant to accounting.) That is correct, right? </p>

<p>Thanks openedskittles.</p>

<p>Yes, but if you already have 120 cr hours aren’t you already close to getting a degree, or does your school do trimesters or something? If you’re close to a bachelor degree as is, you might as well finish that up and apply for a MAcc program so you can have a masters degree and CPA eligibility and not have wasted 120 hours.</p>

<p>I graduated with a liberal arts degree awhile ago. It hasn’t been useful so I’m thinking about going back to school. I hadn’t really considered a MAcc program because I’d need so many pre reqs.</p>

<p>Gordon - check with your state board of accountancy’s education requirements. skittles - you do not necessarily have to have a BS in accountancy as you advised, in order to sit for the CPA.</p>

<p>You pretty much do need a BS in accountancy for the required accounting courses to sit. If you want to get a headstart on it straight after ungrad, I’d go with that route.</p>

<p>I would too, and I agree, it is pretty hard to meet the education requirements without getting a degree in accounting, but I did want to point out that the ‘degree’ itself is not what most state’s require, rather, it is specific education criteria.</p>

<p>Thanks a lot for all the info guys.</p>

<p>So are you all basically in agreement, B.S. Accountancy > M.S.F.?</p>

<p>MSF is not worth it unless it’s from MIT or Princeton. If that is not feasible a strong option would be top undergrad financeor quantitative + top 5 MSA.</p>

<p>There are a number of MACC programs that do NOT require a accounting undergrad. Fairleigh Dickenson Univeristy (FDU) is one of many. Getting a MACC should qualify you to sit for the exam if you also take a few other courses that might be required by your state board of accountancy. Check with them as to the exact requirements.</p>

<p>Thanks everyone.</p>

<p>openedskittles (or anyone), can you clarify on this point?

if I go to an average school why is accounting a better option? does that mean the quality of teaching in accounting doesn’t differ that much across schools while that in finance does?</p>

<p>No, it has to do with the selectivity of the finance industry. Not the quality of education. Quality of teaching doesn’t really matter much. It’s like comparing good looking people to ugly people. The personality is a smaller part of the equation :)</p>

<p>hi i am manish. i want to go for master in account in us.after completing my b.com what kind of job will available to me in india or back in india i have to do anything in accountancy.
and my concern is master in accounting similer in us and in india.</p>