MS accounting VS Taxation for CPA help

<p>Hi All</p>

<p>I was wondering to complete the CPA NY requirement should I go for MS in accounting or Taxation from Baruch college cuny</p>

<p>Which will have more financial rewards in terms of more career options/ stability?</p>

<p>I have more liking for Taxation as subject</p>

<p>Any advice would be helpful</p>

<p>Thanks</p>

<p>Just pick the one that you like most. One benefit of getting an MS in tax is that you will qualify for tax jobs. With an MS in accounting, it is perceived as simply more of the same old thing you got as an undergrad.</p>

<p>Ms in Taxation > MS in Accoutancy, if you have your bachelors in accounting. Taxguy is right about more opportunities with MS in Taxation. If you like it, then go for it. I’m considering MS in Taxation myself, and by the way I’m also in New York (CUNY Baruch)</p>

<p>Go for the tax degree.</p>

<p>Thank you all for the reply</p>

<p>Hi Toshtemirov:</p>

<p>I still need to finish my undergraduate in accounting. I do eventually plan to get degree MS from Baruch college. </p>

<p>I will be attending Queens Cuny for one year starting in FAll 2010. Then after that I will transfer to Baruch college. </p>

<p>The main reason I am not attending is Baruch college does not have any dorms and I am not familiar with NYC(no friends) even though I have lived in NY per say for many years</p>

<p>I was wondering where did you complete your undergraduate degree? Would you be able to help me out in any way, place to stay, how did you find your studies?/ college atmosphere etc. I know good GPA is a big part of successful career. </p>

<p>Any help would be would be appreciated</p>

<p>Thanks</p>

<p>Hi pencil787,
Actually, I just recently transfered to Baruch myself, from a community college. I’m in sophomore standing right now. So, I still have a couple of years to complete my undegraduate degree in accounting. I live in Brooklyn, and I’m getting there by train. I know that Baruch does not have any dorms, however they offer help in finding an appartment. You just need to call them and ask about that. If you live in Queens, why can’t you go to Baruch by train? Also, on their website you can register for a tour through college. You will be able to see the college yourself and ask any questions. I remember some students were asking the same question about an appartment. I took the tour myself before I transfered, and I liked it.<br>
I heard people saying that in Queens college it is easier to find friends than in Baruch. Almost everyone consider Baruch a commuter college, which means that students over there usually just go to classes and then leave, whithout staying and talking with each other. I think that sometimes yes, sometimes not. It all depends on a person. If you join clubs then you can easily find friends over there.</p>

<p>Hey, does anyone know if MS Accounting at Baruch requires work experience?</p>

<p>anyone know?</p>

<p>melonchopper,
No, you don’t need to have any working experience to apply for masters degree, in general, and Baruch college is not an exception. However, you need to have a working experience when you apply for an MBA degree. MBA and MS are different, and they both have their own requirements. In order to apply for any MS degree, including accounting, you just need to have a high scores on GMAT and a good undegraduate GPA. I believe that for Baruch, the average GMAT score is 550 and above.</p>

<p>Okay, thanx, I was worried.</p>

<p>Sorry to bother everyone here since it’s been awhile since this thread was used but I seem to be in a slightly similar predicament as you pencil787. I am currently a queens college freshman ( going on second semester) and I want to pursue a career in businesses related area but I feel out of the loop when it comes to the requirements I need. I feel that I don’t really have an understanding of where to start my path here at queens and was wondering if Baruch is better when it comes to the area I want to go after? To Toshtemirov or anyone else, could you explain to me the best way I could prepare my self for being a cpa and which school is bettter at it? And what requirements would I need for them? I know its a lot and I am doing research I just saw that Baruch has the 5 year master program for cpa in accounting, is that a good program? Anything would help me because I’m kinda freaking out xD Thank you.</p>

<p>^You should check out the thread called “Everything you wanted to know or should know about accounting.” It is like an accounting Bible :slight_smile: All questions have been asked and answered there. I think you should transfer to Baruch. It’s accounting program is nationally recognized and currently ranked #22 in the US. Baruch has a dual accreditation of it’s business school and it’s accounting program, and has one of the highest CPA passing rates in the country. However, there is a big competition among accounting students at Baruch. Almost 70% of all business students are majoring in accounting.</p>

<p>In addition, I’m not really a big supporter of 5 year programs, and I think that people should not get a masters in accounting when they already have a bachelors in it. Instead, I think they should pursue a MS in finance/CIS, CS, MIS/Econ/Tax, or even do a double major.</p>

<p>If someone wants to work in accounting, then a MACC is much more appropriate then getting a Masters in a different area.</p>

<p>Thank you for the thread toshtemirov. I was thinking of minoring in computer science along with an accounting major or picking this bala minor program but I need to find more information on it. And Goose7856 I have seen your name on various threads and was wondering if you would reach mine so thank you for that. xD
To be honest I have a lot of ambition and passion in problem solving and uncovering problems aqnd and actually found a career that mixes the two, forensic accounting for the fbi. I have done some research on it and it seems kinda interesting but I still dont know if there are more profitable careers that I can go in to by getting an accounting degree. In your opinions, what are the best ( or most engaging, I honestly cant sit on my ass and not be doing something. I was hoping that you could tell me a career where I can give it my all everyday and accomplish something substantial) careers that can come out of having an accounting degree? thanks</p>