Think long term. While specialized masters programs are great if you know that you only want to do one thing for your entire career; it is often the case that people change their careers frequently. Thus, my general advise to people deciding between a specialized masters program and an MBA degree is to think long term and if you would be able to obtain your accounting credentials through your MBA studies. Further, I have found that recruiters and decision makers value an MBA degree more than a specialized masters degree.
Senior Admissions ConsultantManhattan Review
I agree with this comment and think that it is great advice. Accounting is a great career but it does have a fair amount of burnout, especially auditors. I would only advice doing a master in accounting if you are certain that you want to pursue as a career in accounting. If you are not 100 percent certain about accounting then I would do an MBA.
True. I am the best example in this case.
I did my MSc in UK (a low grade university) and struggled to get a good job. Though i work in a good position now,
the salary and the kind of work is low and restrictive respectively.Because I have a masters in Accounting and
Finance only, I am not given a chance to work in Deal Origination, Client meetings, Negotiations etc. I am restricted to Valuation only.
Work few more years, and go for an MBA.
Learn the Values. Knowledge comes by itself.