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MBA or ACA?!

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MBA or ACA?

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MBA or ACA?! [#permalink] New post 28 Jan 2011, 02:31
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 or ACA?! [#permalink] New post 04 Feb 2011, 05:09
Expert's post
Bilalk wrote:
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,

Hi, Bilalk. Whether or not the MBA makes sense for you depends on what you want to do with it. However, with little or no work experience, it will be difficult to earn admission to one of the top programs. That said, I have also found that Chartered Accountants with auditing backgrounds also face hurdles in getting in: auditing doesn't tend to leave much room for creativity or leadership of new initiatives with revenue impact - the qualities that the top MBA programs are seeking.
If you do decide to do auditing, I highly recommend simultaneously having an active extracurricular leadership role in which you are able to shape the community.
Regards,
Jennifer Bloom, CPRW
jbloom@accepted.com
310-815-9553
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Regards,
Jennifer Bloom, CPRW
jbloom@accepted.com
310-815-9553

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Intern
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Joined: 28 Jan 2011
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Re: MBA or ACA?! [#permalink] New post 04 Feb 2011, 07:39
Hi Jennifer,

Yeah that's what i have been worrying about. But i think getting into advisory (consultancy) For my three years of mandatory experience would help. I have also applied to some companies that offer pure consultancy and business solutions. That would probably give me the appropriate exposure i'm going to need for my MBA.

Thanks,
Bilal
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Re: MBA or ACA?! [#permalink] New post 06 Feb 2011, 03:18
Expert's post
Bilalk wrote:
Hi Jennifer,

Yeah that's what i have been worrying about. But i think getting into advisory (consultancy) For my three years of mandatory experience would help. I have also applied to some companies that offer pure consultancy and business solutions. That would probably give me the appropriate exposure i'm going to need for my MBA.

Thanks,
Bilal


It sounds like it will be better than auditing, certainly. Don't forget to focus on initiative, leadership, and impact and you should have plenty to show for it when you're applying.
_________________

Regards,
Jennifer Bloom, CPRW
jbloom@accepted.com
310-815-9553

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