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MBA/ACA ?!?

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MBA or ACA

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MBA/ACA ?!? [#permalink] New post 28 Jan 2011, 02:30
Hi,

Hope you're doing great and may this new year be even better then the last one for you.

I'm 22 years old and i'll be graduating this year from Oxford Brookes University, Oxford with a 3 year B Sc program in applied accountancy and an honorary BBA from theUniversity of Central Punjab, Lahore Pakistan. On top of that i would have qualified my final exams for the ACCA (Association of Chartered Certified Accountants) en-route to enrolling for the ICAEW's ACA.

I'm pretty confused about what i wanna do next. I could either put three years of slave labour into one of the big-4s and learn some advisory (Consultancy) and audit. Or i can persue the MBA.. perhaps with an additional degree.

How good would you say this program is for a Chartered Accountant (Quite the same as a US CPA, but trained under the IFRS instead of GAAP) generally.. and specifically for my case?

Any reply will be treasured,
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Re: MBA/ACA ?!? [#permalink] New post 28 Jan 2011, 09:50
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Get some work experience. You're better off working at a Big 4 than going straight into an MBA program, because if all you have to offer are credentials (degrees, accreditations, etc.) you're not going to be any more employable than someone with just a college degree - in other words, you'll be up for the same kinds of entry level jobs as some college grad with zero experience. Also, you want to establish yourself NOW as someone who can handle it in the real world, rather than get into the dangerous trap of becoming a degree/credential collector.

Again, all the degrees in the world are no substitute for experience. It may be harder for you to see that now since you've been in school all your life, but believe me even if you work for a few years in so-called "slave labor" (as you put it) in the real world, you will lay a much better foundation for your professional career.
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Re: MBA/ACA ?!? [#permalink] New post 28 Jan 2011, 21:46
Thanks a lot for the timely and comprehensive reply.. This sums up a lot of what i have been thinking about. And what i'm gathering from here is that it might not be a bad idea to get my hands dirty at the big-4 before i go back to school. My certification is in demand here, but in the future i wanna move out of the finance function to be able to lead and shape organizations. The way i see an MBA is that it grooms you for the corporate world - It's the executive boot camp. My main motivation to start MBA is the experience. And yeah! Real world's kinda scary... I gotta report to people n stuff.. Not my own boss anymore! :(.. School sounds like two more years of retreat..

I'll keep in touch with you in the future.

Thanks again,
Re: MBA/ACA ?!?   [#permalink] 28 Jan 2011, 21:46
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MBA/ACA ?!?

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