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  • Typical Day of a UCLA MBA Student - Recording of Webinar with UCLA Adcom and Student

     December 14, 2018

     December 14, 2018

     10:00 PM PST

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    Carolyn and Brett - nicely explained what is the typical day of a UCLA student. I am posting below recording of the webinar for those who could't attend this session.
  • Why Do YOU Need an MBA?

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CPAs that apply for MBA

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CPAs that apply for MBA  [#permalink]

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New post 19 Jun 2018, 11:22
Hello all,

I am just curious to understand what the background is of a majority of the folks applying and getting admitted into top 25 MBA programs here in the US. Per my research of various MBA program's websites, is that a lot of applicants have finance/consulting/engineering backgrounds.

What about CPAs? Do you know if a lot of CPA's apply for (and are admitted into) top 25 MBA programs? As a CPA myself (with Big 4 Audit experience)- I don't see a lot of my colleagues consider pursuing an MBA after a few years into their Audit/Tax careers. Most of us already have a Master of Accounting to cover our 150 credits required for the CPA.

The purpose of my question is to understand if the application pool is flooded with CPAs as it appears to be with finance/consulting applicants. And if not- how do top MBA programs view applicants with CPA background (i.e- am I unique or just fall into a large pool).

I personally believe my audit/CPA background has provided me great insight into how companies operate and are accounted for. It has also provided me experiences in a variety of industries. But I would like to move into more of a finance/operations position and not specialize solely on accounting anymore.

Any insight would be appreciated,

AJ
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Re: CPAs that apply for MBA  [#permalink]

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New post 20 Jun 2018, 21:38
asol22 wrote:
Hello all,

I am just curious to understand what the background is of a majority of the folks applying and getting admitted into top 25 MBA programs here in the US. Per my research of various MBA program's websites, is that a lot of applicants have finance/consulting/engineering backgrounds.

What about CPAs? Do you know if a lot of CPA's apply for (and are admitted into) top 25 MBA programs? As a CPA myself (with Big 4 Audit experience)- I don't see a lot of my colleagues consider pursuing an MBA after a few years into their Audit/Tax careers. Most of us already have a Master of Accounting to cover our 150 credits required for the CPA.

The purpose of my question is to understand if the application pool is flooded with CPAs as it appears to be with finance/consulting applicants. And if not- how do top MBA programs view applicants with CPA background (i.e- am I unique or just fall into a large pool).

I personally believe my audit/CPA background has provided me great insight into how companies operate and are accounted for. It has also provided me experiences in a variety of industries. But I would like to move into more of a finance/operations position and not specialize solely on accounting anymore.

Any insight would be appreciated,

AJ


I doubt you would find specific data for CPAs on b-school websites. These guys are going to be cubbed under the Financial services/consulting backgrounds. I don't know much about CPA but I do know of its equivalent followed at several countries across the world- CA or Chartered Accountancy. A significant number of CAs do an MBA every year, so its not an unheard of career path.
An MBA can be perfect for you for the reasons you have mentioned above. While your CPA certification will continue to be valuable, an MBA will add broader business skills which will be crucial as you move up the management hierarchy, and also if you desire a career change to a less accounting/auditing specific role.
Be mindful, however, that business schools would expect you to have clarity over your career goals. They would care to know exactly what you wish to do after MBA and why. So think deeper about what that post-MBA role will be and why it will require a new set of skills gained through the MBA
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Re: CPAs that apply for MBA  [#permalink]

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New post 20 Jun 2018, 22:03
From our experience, I'd say that CPAs definitely apply but would be not a big group on a comparative scale. A lot of finance professionals would have CFA/business undergrads and some engineers too in the data you'd have seen.

That is both a good and a tough thing. Good because that means you won't have a lot of trouble in differentiating. Tough because that'll mean you'll have to showcase a lot of initiative, beyond your audit work which may not be directly relevant for the post-MBA profiles you are targeting.

A bit geography focused, but some perspective about how to look at this vis-a-vis MBA here.

Beyond a point though, what really matters is how good your professional career and other aspects of the profile are - on a differentiated scale. So focus on that.

Hope this helps some.
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Re: CPAs that apply for MBA  [#permalink]

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New post 27 Jun 2018, 10:05
Appreciate both of your feedback. This helped a lot.
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Re: CPAs that apply for MBA &nbs [#permalink] 27 Jun 2018, 10:05
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CPAs that apply for MBA

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