got a job offer for 60K/yr as a logistics analyst in south NJ for Sony. I had been laid off 6 mos. back, but 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?
P.S. I was terminated from my last consulting job working for a tiny company after just 2 mos.
2006-08-24 10:38:32 · 8 answers · asked by Anonymous in Education & Reference ➔ Higher Education (University +)
Sam - My advice is to continue the masters. Your masters program will prove your research and writing skills and demonstrate the practical application of the accounting knowledge you have gained via the publication of your thesis. I know the 60K looks good now, but, after finishing your masters, your earning power could increase substantially. To corroborate this advice, contact accounting professionals near you. Email is the easiest way. However, always remember, the decision is yours. The most valuable commodity you own is your time. That is why they pay you for it. You get to decide what it is worth to you.
2006-08-24 10:58:34 · answer #1 · answered by BillyJ 1 · 0⤊ 0⤋
Yikes this is tough. Mind you, im a college sophomore, so my answer may not be worth a whole lot but what the heck I will give my two cents. Personally, I know UT Austin has a damn good accounting program and that it's a tough school to get into for that. While the prospect of make $60K/yr at Sony does sound enticing I would go with continuing your education at UT Austin. Having a Master's Degree in hand will open up even more job opportunities. Perhaps if you pursued a CPA you would get a chance to work for some of the big accounting firms (PriceWaterHouse Coopers, Deloitte & Touche, Ernst & Young, etc) and those jobs I believe would pay you more than your $60k at Sony. Plus if you went to Sony your educational background would be limited (and thus perhaps your payscale may not go up too high?) even if you worked for a while at the company. In short, stay at Austin. Ostensibly you're going on a pretty good scholarship in the first place. So its not costing you much (other than your time and the POTENTIAL $60k at Sony).
2006-08-24 11:00:43 · answer #2 · answered by Wallstreey$$Maker 2 · 0⤊ 0⤋
The real question should be "What can I expect to earn yearly with a Master's in Accounting?". If there is not a lot of difference look at the difference in experience and how that affects wages also. What will the difference be in type of jobs offered also between the two degrees.
I'm not sure how being terminated would affect you and your resume as you didn't list why you were terminated. Did you go to work naked, steal, or did the company shut down?
2006-08-24 11:44:24 · answer #3 · answered by Lue Anna B 2 · 0⤊ 0⤋
Can you take night classes and do both? I would opt for that if possible. You might also talk to Sony. I know many companies offer financial assistance sometimes paying all of the costs for their employees to pursue masters or other post grad type of work. My mom's company will pay for her to get her MS in biology. Do you think there will be more job opportunities if you obtain a masters? I don't know what the job market is like in your area or for you particular area of interest/education but that is also something to consider.
2006-08-24 12:27:31 · answer #4 · answered by ms.applegate 2 · 0⤊ 0⤋
i think u must try to finish study 1st then do a job other wise if u hav a potential to do both then do it
2006-08-24 11:00:00 · answer #5 · answered by LOST 6 · 0⤊ 0⤋
Finish school
2006-08-24 10:46:51 · answer #6 · answered by stetoe 2 · 0⤊ 0⤋
what matters is your employability...think long term. if your masters will achieve that then i say dont take the job.
no point working somewhere where you will not do spectacularly and go far...
2006-08-24 10:45:13 · answer #7 · answered by banalsg 1 · 0⤊ 0⤋
take the job and still pursue your degree part time or on-line. congrats!!!!
2006-08-24 10:46:21 · answer #8 · answered by me me 2 · 0⤊ 0⤋