University of Texas-Austin Masters in Acc program vs. 60K sony job?

Question

I got a job offer for 60K/yr as a logistics analyst in Pitman, NJ. I had been terminated 6 mos. back from my last consulting job for a tiny company after barely 2 mos, 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, rated #1 in USA. Now after 1 month into my new program one of the companies I had interviewed 40 days back and they 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?

Answer 1

That's a tough one. Heather_c raises some very good points. Let me add a few more.

1- What do you WANT to do more right now: more school or take this particular job?

2- What can you expect after you graduate from UTA? Talk to the placement office (or whatever they call it there), some recent grads (easier if you belong to a fraternity with a UTA chapter), and some employers. In the long term, you will probably earn more by having the MBA, but not necessarily.

3- Can you pursue your degree while working for Sony? Maybe they have a tuition program like many large companies do?

Good luck. This is what you call a high quality problem.

Answer 2

Think about your long-term income potential if you go ahead a pursue your master's degree. Have you checked the living expenses in New Jersey? 60k/year might not sound that great when you factor in living expenses. Also, if you decide to pursue your master's degree later, would you still have the scholarships and the motivation to continue your education? Just something to think about....

Answer 3

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