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MBA vs Accounting

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Joined: 08 Oct 2009
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MBA vs Accounting [#permalink]

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New post 28 Oct 2010, 20:53
Here is the thing. I am thinking about going back to school and make career changes. I hope that I will have more financial freedoms and upward mobility. I have to make decision in two months.

Option 1: I only need 6 more accounting courses to sit for the CPA exam that I can take at any community colleges or UC Extensions. If I pass the exam successfully then I could get the license in one-year with my 150 undergrad units. This process may cost me $10000 including housing and meal. If everything is smooth then I will get CPA license in two years from now. Btw, I am not a big fan of tax, but if it is the best option then I will do. I don’t know if I will be happy with this career. If I go with first option then it might take longer, but I might get into a better MBA programs (M7) in my mid-30s with CPA licenses and working experiences and maybe less financial burdens.

Option 2: I can study at one-year alumni-MBA program which is a mediocre school (I don’t have to take GMAT). It offers night classes which allow me work full-time during day which pays $2000/mos. It will cost me about $24000 a year including housing and other expenses. I need to take $10,000 loan. It might harder for me to land a well paying jobs right after graduation since it is not a highly regarded MBA program with limitted net-work. However, I might take a shot since I speak Mandarin which is "in demand". It takes me one-year to finish with only $10,000 debts.

I am 26years old single. I went to small Christian private major in Business.
WE: one-year full-time new account staff at a small community bank.
Career goal: Getting into mainstream corporate America which pays well. At least 50k first year after tax. I am pacifically interested in working at a U.S. petroleum or consulting companies that works with China. Eventually open my own consulting company.

I really appreciate your comments and advices.
MBA vs Accounting   [#permalink] 28 Oct 2010, 20:53
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MBA vs Accounting

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