I got a job offer for 60K/yr as a logistics analyst in south NJ. 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 offerred me 60K for a job. 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 . 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 for a tiny company after barely 2 mos.
2006-08-26 11:49:14 · 7 answers · asked by Anonymous in Education & Reference ➔ Higher Education (University +)
I'd take the job! You can always continue your education later but it sounds like great experience and a good starting salary. Some companies have benefit plans that reimburse for education while you work for them. You can also get your Masters degree online today while working full time. Unless you already have a great deal of experience it could be beneficial to work for awhile because having a masters degree without much experience won't raise your starting salary very much when you get out and have all the debt.
Good Luck!
2006-08-26 12:23:36 · answer #1 · answered by gallilea 2 · 1⤊ 0⤋
I would go through the rankings in Businessweek magazine to get a feel for what the degree might be worth. Personally, as long as you have a CPA, I don't think you need a masters right away.
My suggestion would be to eventually get an advanced degree as many managerial positions require it. However, you could do an online program while working. That might work out better than paying for UT and losing income (and experience) from going to school full time.
PS - you aren't going to jump from an analyst position to a 6-figure manager role in one year unless you got connections or some unusual event occurs.
2006-08-26 11:55:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
First of all you need to calculate how much you could make with your masters, Figuring in how long it will take you to earn it and your living expenses between now and then. Subtract the time it takes to earn it and your living expenses from the total. Then you take your 60K job and do the same subtract your living expenses and then you count your money....
2006-08-26 12:48:52 · answer #3 · answered by showgirl 1 · 0⤊ 0⤋
Take the job. Why can't you continue the Masters in Accounting program later? Sony might even pay for it =0p
2006-08-26 11:59:13 · answer #4 · answered by r0bErT4u 5 · 0⤊ 0⤋
Sony is a very company, got a cousin worked as a programmer years back, now a big manager!! go for it.. before you know it, next year you will make 80k or 100k!!
2006-08-26 11:54:47 · answer #5 · answered by YourDreamDoc 7 · 0⤊ 0⤋
I wish I had those kind of choices. Lucky you. Hey, need a wife (lol). Seriously, though. why can't you do both? You know, work full time, school part time? And if your degree is related to your field of work, maybe they will pay for it. 'Nuff said.
2006-08-26 12:11:50 · answer #6 · answered by whoanelly 3 · 0⤊ 0⤋
you need to check to see what your cost of living would be there!60k isnt very much in some places!but if you already know then if its enough for you to earn a nice living then go for it!
2006-08-26 11:57:03 · answer #7 · answered by cyndi b 5 · 0⤊ 0⤋