View Single Post
Old May 13th, 2008, 10:17 AM   #13 (permalink)
NashvilleDiva_83
Official Bagista
 
Join Date: Mar 2008
Location: Tennessee
Posts: 1,255
Default Re: I don't know what to do...

Well, I talked to my undergrad advisor who is the Dean of Accounting at the school where I got my bachelors degree...she tried to get me to come back to that school to get my master's...which...it's a great program but ... I would like to learn from some other professors. Plus, the distance program that is driving distance from me is an MBA program which...I am back at the beginning. I felt bad asking her about other schools, since it's like asking somoen in a Louis Vuitton store if you should buy a Chanel instead.

I mean...you tend to learn different things from each professor, so if you have the same five professors over and over again, you basically become a professional replica of their school of thought. On the other side, if you have five professors at one school, then five more at the other you have ten different ways of looking at things and you become unique in your thinking.

It is very rare that a CPA would not have a master's, as most states have a 150 hour requirement, which is met by a 126 hour bachelors plus a 30 hour master's program. However, I was exceptionally bright in high school and took a bunch of AP classes that I got credits for and so I graduated in 4 years with exactly 150 hours. BUT!! I am a horrible standardized test taker and my GMAT score sucks - even though I passed all four parts of the CPA exam within a year. That's why I cannot go to just any school I want to without retaking the exam.

My husband's suggestion was to get the MBA. We planned on moving back to the town where I got my undergrad degree in the next five years anyways (unless I get a job as a controller at one of the plants in my company or get a chance to be expatriate and live in Asia or Latin America)

The MBA will only set me back $3,500 out of pocket over 3 calander years. There will be tax benefits on those $3,500 and most of it will be claimed as lifetime learning credit, so it will help wipe out some of my tax liability. So, in true dollars it will prob cost around $1,500. The program itself takes place in 24 months, bu tthe way I am taking them I will take classes in 2008, 2009 and 2010 so I will get up to $4,000 each year tax-free to fund teh classes.

My employer gives up to $4,000 each year for tuition reimbursement. You have to be employed for a year to qualify, and after you are reimbursed when you pass a class, you could quit the next day with no liability to the company. There's no cap on what you can take, just the annual benefit.

My husbands suggestion was to get the MBA, then see if it helps land me a promotion at one of the facilities and then when I get there, get a MS in Accounting or Finance.

The MBA is only one night per week, and it's face to face. The Masters, if I went to the university in my city, isn't a work-friendly program meaning I would ahve to take classes in the middle of the day sometimes (not always, there are night classes)

I don't know. You guys have been helping, though.
__________________
Wish List: New Monogramoflauge Bag, LV Monogram Canvas Montorgueil GM, LV Multicolor Monogram Wallet, Coach Tote
NashvilleDiva_83 is offline   Reply With Quote