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I got a job offer for 60K/yr as a logistics analyst in south NJ with Sony. I had been terminated from a small shitty consulting firm after being there barely 2 months, 6 mos. back. I had a nice stable job for a year and a half before that(got greedy for more $$).After looking for work for a while I kinda gave up and got myself admitted into the Masters in Accounting program at UT Austin. Now after 1 month into my new program one of the companies I had interviewed 40 days back finally offerre me 60K for a job. I really like Austin and and doing OK in the accounting program. I feel that if I was in a finance/ accounting to begin with I wouldnt have to wait for so long to get another job. SO what do you all think...should I continue in the accounting masters or take up the job? I have substantial scholarships for the MAcc program plus its Austin, so thats a big draw. On the other hand the salary is 60K. WHich would be better in the long run?

2006-08-19 08:37:41 · 15 answers · asked by Anonymous in Business & Finance Careers & Employment

15 answers

Dang, this is not one question it is ten of them! :o) Lets see, I will list some a few points.

1. 60k in will not go as far in NJ as it would in Austin.
2. You mentioned several times how much you like Austin.
3. You said you made a mistake last time going for the money.
4. Education can be a means for gaining a better job.

Ok, I say you stay in Austin, continue to work on your masters, and keep applying for the types of positions you want in Austin.

If you find the exact job you want, where you want it, take it, even at the expense of education. You are a person that is capable of re-starting education as you have already show.

In my experience, an excellent job history is more valuable than increased education. I would much rather hire someone that is experienced in a particular area, than a person who is only educated in a particular area.

Education adds to a person's value. It makes an "A" person and "A+"

I hope this helps, Good Luck!

2006-08-19 08:55:33 · answer #1 · answered by D D 2 · 1 0

60K may look like a lot of money right now, but at least here in Northern California, professionals in my area of expertise don't blink at an offer unless it's twice that.

Consider what ammunition a Masters in Accounting will provide on your resume if you were to stay? What kind of comp package might you be able to command? What kinds of doors does this open for you?

If you're relatively young, I would suggest that the time needed to complete the Masters program is a very small price to pay for the future rewards the degree will reap for you in your career.

I vote that you politely turn them down, let them know you'll be reconsidering them as one of the first possible employers once you graduate, and stay in the program.

2006-08-19 15:44:08 · answer #2 · answered by Timothy W 5 · 1 0

If you really like accounting and finance than I would go with the masters degree. When you say you are doing okay in the program, do you mean really okay or just making it okay? Talk to your professors and former employers, they may help you decide what your strongest field is. You may talk to an HR person at an accounting firm, and see if they are impressed with your knowledge and ability. As the others have said the degree is the obvious choice, as long it is where your potential and interest are best fulfilled.

2006-08-19 20:37:47 · answer #3 · answered by jim t 2 · 0 0

I say listen to what fifthfairway and Timothy W have to say and weigh your options wisely. I can't put it any better than they have. They hit all the major points in your options. What is important here though we are talking about you and what you want is what really matters most. You have shown your wisdom by seeking guidance instead of jumping to a decision.

How much time do you have to decide. Personally, I'd much rather live in Austin than in NJ. But again, the decision is all yours. Best wishes and let us know what you decide.

2006-08-19 16:07:38 · answer #4 · answered by ? 4 · 0 0

First of all Congratulations on the job offer. Now to business do you need the money? If not go to school. If you need the money take the job and get that company to pay for your education. Be smart and weigh your options and I wish you the Best of Luck!!!

2006-08-19 18:32:42 · answer #5 · answered by Ms. 2 · 0 0

Education is important, but so is a job. Do you want to stay in New York or go to Austin. You can always reapply to grad school, this opportunity may not come around again.

2006-08-19 15:43:43 · answer #6 · answered by di12381 5 · 0 0

Definetly get your Masters. You have no way of knowing how long that job will keep you. If you get your Masters, you could get way more than 60k a year.

2006-08-19 15:44:32 · answer #7 · answered by playdoh1986 6 · 0 0

I'd take the job and take night and/or online classes to complete my masters.

Remember, several years of experience at a company usually offsets a higher degree anyway.

2006-08-19 15:44:53 · answer #8 · answered by Anonymous · 0 0

long run would be masters
but u might get a promotion for the 60 k job

2006-08-19 15:43:39 · answer #9 · answered by u no it 2 · 0 0

see if there is a way you could take both. a lot of people have regular jobs and still can take their masters. good luck.

2006-08-19 15:50:30 · answer #10 · answered by babytalk 4 · 0 0

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