Why I'm Pursuing A Master's in Accounting (And NOT an MBA)

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  • Опубликовано: 30 ноя 2024

Комментарии • 65

  • @TooHonest4_You
    @TooHonest4_You 2 года назад +16

    Masters in Accounting is smart brother. I have a useless Bachelor’s and I’m going for a Master’s in Accounting as well

    • @sowmyasandy1817
      @sowmyasandy1817 Год назад

      Hi .. In which university u r pursuing your masters in accounting

  • @Carlostheyankeefan
    @Carlostheyankeefan Год назад +2

    One of the realest videos on RUclips. I just started my associates on 2/27/23

  • @tracyc.1005
    @tracyc.1005 Год назад +4

    I can relate to everything that you said and have gone through it almost exactly! I did poorly in undergrad, I thought getting my MBA was going to help, ha😂 not really. I’ve had it for over a decade and it didn’t do squat. Now I realize that I should have done something in an actual specific discipline for grad school. I’m going for my MAcc. and eventually CPA. I already work for a bank and they need more people in accounting and finance. People do not make the mistake that I made, I’m in my early 40s now trying to turn the ship around. I got my MBA when I was 27. You wouldn’t believe how useless it was. Everyone has one but can’t do a thing with it.

  • @XplusX12345678
    @XplusX12345678 11 месяцев назад +5

    11 years in accounting here and a CPA, and also a higher manager.
    What I look for is this 1) Big4 experience 2) CPA and 3) other experience not including big4 (F500 corporate accounting etc)
    That’s it. I never once looked at someone with a MSA and thought, “ hey great”. I could care less about someone education background. big is the real school and training.

  • @melissajohnson1082
    @melissajohnson1082 2 года назад +5

    I got my undergrad in accounting. Got accepted into DePaul University with their MSA program. Trying to pass my CPA exams as well and boy it’s been challenging.

  • @jep05f
    @jep05f 3 года назад +9

    I did economics for undergrad, then did the MBA, then did a MAC degree. Military paid for both masters degrees. The MAC is way more helpful to me than the MBA though for sure.

    • @Andres-sr7uv
      @Andres-sr7uv 3 года назад

      Ch31 or ch33? For your degrees?

    • @jep05f
      @jep05f 3 года назад

      @@Andres-sr7uv Post 9/11 GI Bill. I think it has been renamed to the Forever Bill since they removed time limits (benefits had an expiration date). You get 36 months of education for free up to ~20K or so unless it is a school registered with the VA. Those schools are free regardless of cost. They pro-rate your benefits to the actual days of school attended so 36 month actually goes incredibly far. I have enough benefits for another year of school available if I ever so choose.
      Also, you get the monthly tax free stipend up around $950 if it's remote education to well over $1,500 (based on location of school).

    • @Andres-sr7uv
      @Andres-sr7uv 3 года назад

      @@jep05f I see you haven't heard of Chapter 33. It's a great benefit for those veterans that qualify. Nevertheless, that's great to hear your academic accomplishments. I'd put that one year into a terminal degree.

    • @rafaelantonio7128
      @rafaelantonio7128 2 года назад

      @@Andres-sr7uv post 9/11 Gi Bill is chapter 33, I could be wrong but that’s my understanding

  • @breedini
    @breedini 2 года назад +1

    Thank you so much for this video!! My undergraduate experience is very similar to yours. I'm now trying to decide whether I want to pursue a Master's in accounting currently. Something is telling me to just go for it!

    • @WillKalili
      @WillKalili  2 года назад +3

      If you do it, make sure to network ad much as you can and get the best grades possible so that you can get the most out of the money you're paying :)

  • @ccohen1965
    @ccohen1965 2 года назад +2

    Nice! I’m in accounting as well. Good choice.

  • @Gi_Lovely
    @Gi_Lovely 2 года назад +2

    THANK YOU! You got my exact reasons why I want to pursue my MSA. MBA is my baby on the low too 😂

  • @iAmEneida
    @iAmEneida 3 года назад +2

    Thank you so much! Great feedback.

  • @Chahta_hattak
    @Chahta_hattak Год назад +1

    I’m an army veteran student using VA Voc Rehab. I’m currently getting an associate in accounting then will get a bachelor in accounting and then will top it off with a masters in accounting.
    One thing to remember is that for your CPA you need 150 credit hours anyways. Also 68% of those with a masters in accounting pass their CPA exam on the first time. Only 48% of those with a bachelors pass on the first time. For me that alone makes it worth my time investment. Thanks for this type of content.

    • @WillKalili
      @WillKalili  Год назад +1

      Glad you enjoyed the video! Best of luck!

    • @Chahta_hattak
      @Chahta_hattak Год назад

      @@WillKalili great video! I’m glad to be on a good career track. I do wish that accounting were presented as the interesting field that it is. Before my first accounting class I thought it would be incredibly boring. I even dreaded my first accounting class, I originally was getting an associates in business management. Then I found out that I love accounting.
      Thanks for your content.

  • @luceroalvarado35
    @luceroalvarado35 2 года назад +3

    Wow! Perfect explanation. I am in the same boat you were in. 2.7 GPA with a degree that I can’t get a job in. Is it better to get a MS in Accounting rather than another bachelor in accounting? Also, what all can you do with a MS in accounting compared to an MBA ? Can I still get a CPA?

  • @mingli4882
    @mingli4882 Год назад +3

    Hey man, I got a personal question for you, hope you can give me some guidance, you and I has the same story, undergraduate with 2.7 gpa, now I got an offer from Notre dame for MSA, but I already have 144 credits. Should I just try to get a cpa license or go to the college to get my MSA degree? How challenging is the MSA classes for you? Tyyy

    • @WillKalili
      @WillKalili  Год назад +2

      If your ultimate goal is to get a job in the accounting field, I'd say that the GPA won't weigh you down as heavily if you can pass all 4 sections of the CPA exam. A firm will hire you given the accountant shortage at the moment. However, some of the bigger firms set their GPA minimums at 3.0 for first year staff. That's not to say you can't start at a small firm and work your way up. Notre Dame would give you a chance to improve your GPA, but I'm assuming you'd have to go into student debt. If your MSA is free to you, I'd say go for it. If you're having to take student loans, I'd say think about it for a bit longer because at the end of the day, all that really matters is the CPA license in the accounting field.

  • @salmonjackson4448
    @salmonjackson4448 2 года назад +3

    Great video, thanks. So where did you get your Master's? I'm currently finishing my bachelors at WGU...a very affordable option. They offer a Master's in Accounting, but not sure if I'm going for it yet.

    • @tikieshafoster8149
      @tikieshafoster8149 2 года назад

      Hello Salmon, wanted to know if you started your masters of accounting with WGU? If so, would you be willing to offer some tips, advice, ect. ?

  • @LJ-jq8og
    @LJ-jq8og Год назад +3

    WILL 🙋‍♀ QUESTION: Can you share, in your opinion, in rank order, the most difficult courses in your "Masters in Accounting" year ⁉ THANKS WILL 🙏

    • @WillKalili
      @WillKalili  Год назад

      New video on that soon. Thanks for the idea!!

    • @LJ-jq8og
      @LJ-jq8og Год назад +2

      @@WillKalili Thanks WILL.... 🙏 Curious what are the "ball busters" for most people AND what you do to "get ready" in advance with some self-study, etc.. ⁉

    • @WillKalili
      @WillKalili  Год назад

      @@LJ-jq8og you got it! Stay tuned!

  • @ericcarson342
    @ericcarson342 Год назад +2

    I'm considering the Masters Accounting from CSUN. Undergrad econ. You nailed it for me. I'm still considering the accounting certificate but networking with a masters is a big deal. Are you finished with masters? Are you going for CPA? How did you get in with a low gpa? They usually require 3.2 min.

    • @WillKalili
      @WillKalili  Год назад +2

      You can usually get in without meeting GPA requirements when you have experience in the workforce after undergrad. Also, accounting programs are seeing a dramatic drop-off of students enrolling (many reasons why). But this is good news for you because it means competition is low and schools are eager to get more students into accounting

    • @ericcarson342
      @ericcarson342 Год назад +2

      @@WillKalili I've seen other videos on that as well addressing the shrinking pipeline of new accountants didn't realize how bad it is. I was very skeptical on the MBA because I haven't heard much success personally from people who earned it and it seems everyone who has a masters at my work has an an mba. Given my age 43, I would need something very focused. I follow you, the financial controller and Carreto and Hummus. One other masters I was seriously considering is Management Information Systems. It seems like Accounting and MIS consistently top the lists as far as business degrees go. Thanks for the reply, good video, very informative.

    • @InfallibleProof
      @InfallibleProof Год назад +1

      ​@@ericcarson342I have BA MIS concentration ND now going for Masters in Accoutning

  • @rafaelantonio7128
    @rafaelantonio7128 2 года назад +3

    Did you have to take any prerequisites to get accepted for your MSA?if so, what were they?

    • @WillKalili
      @WillKalili  2 года назад +2

      Yes. I had to take the undergrad level accounting courses that I didn't take while I was in undergrad: intermediate accounting 1 and 2, cost accounting, and taxation for individuals. I took these while I was taking graduate level courses (my institution was flexible).

  • @chill_nrg5349
    @chill_nrg5349 3 года назад

    Super helpful! Thank you!

  • @katesantiago2967
    @katesantiago2967 Год назад

    You mean you took marketing for bachelors and took accounting for masters? Did i get it right ? Is that even possible? How did you cope up? Thanks

  • @souasongtongnamavong303
    @souasongtongnamavong303 2 года назад

    Thanks for your information. I earned my bachelor degree in economics and master in social studies but now I want to pursue another master in accounting. I'm have been working in banking. I'm 35 already, would that be a problem?

  • @TravelWithTufazzul
    @TravelWithTufazzul 2 года назад +1

    Is it stem course and and how much your English skills are required?
    #MSA

  • @SanaullahKhan-gh5zr
    @SanaullahKhan-gh5zr 3 года назад +2

    university name and fee from which you studied?

  • @kidluffy2691
    @kidluffy2691 2 года назад +1

    I'm about to graduate this fall (BS Accountancy) which puts me to 120 units. However, I need 150 units to take the CPA exam. I'm considering pursuing an MBA instead of an MSA. I am a veteran, and pretty much GI Bill covers grad school.
    Thoughts anyone? CPA + MBA or CPA + MSA?
    The end goal is to be a partner or land an executive position.

    • @WillKalili
      @WillKalili  2 года назад +1

      If the GI Bill is covering your expenses then I wouldn't worry too much about it. You can take the extra 30 units through either: 1) An MSA, or 2) a certification in accounting from a community College. You may have to look into different community colleges for the certification since not all of them offer it but it's a faster and possibly easier way of getting those extra 30 hours. You can also choose to stick around for an extra semester and summer at your current institution to get the extra 30 hours but that would mean delaying your graduation.
      Most accounting firms don't care if you have a BS in Accounting vs an MSA. As long as you have your CPA, that's all that really matters.
      If you want to make the most out of a Master's degree I'd go for a master's in Information Systems to show a more tech-savvy side on your resume. The only reason I did an MSA is because my undergrad degree is in marketing and I needed a degree in accounting, not because an MSA is "better" that a BS in Accounting.

  • @Langston01
    @Langston01 10 месяцев назад

    Did you take the GMAT?

  • @luceroalvarado35
    @luceroalvarado35 Год назад +2

    Will, how is life with your degree now?

    • @WillKalili
      @WillKalili  Год назад +3

      I'll make a video about this soon! (I work as an auditor at an accounting firm now)

    • @scholarlyanalyst7700
      @scholarlyanalyst7700 Год назад

      @@WillKalili What sounds harder to your "ears"? 1. Masters Degree in Economics or 2. Masters Degree in Statistics?

    • @WillKalili
      @WillKalili  Год назад +1

      @@scholarlyanalyst7700 statistics.

    • @scholarlyanalyst7700
      @scholarlyanalyst7700 Год назад

      @@WillKalili Thanks so much for your answer. That's what I thought! I am conducting a mini survey to see what people's perception is?

    • @scholarlyanalyst7700
      @scholarlyanalyst7700 Год назад

      @@WillKalili I'm so sorry. Just one more comparison. No more after this one.
      What sounds harder to your "ears"? 1. Masters Degree in Mathematics or 2. Masters Degree in Statistics?

  • @kokwahtan8577
    @kokwahtan8577 Год назад

    I had BA in political science. Not possible for Master accounting..or finance.

    • @jenno5555
      @jenno5555 Год назад +1

      Some accounting programs allow people with unrelated non business degrees. For example Ohio State University. You just need to take the accounting pre reps.

    • @CPATuttle
      @CPATuttle Год назад

      I have a BA in political science and a MS in Accounting. I went back to undergrad after I graduated to take all the accounting and business classes to get into the master program in Accounting.

  • @manavhir9161
    @manavhir9161 2 года назад

    I have done my master's from India in accounting. I am planning to write CPA exams from India itself and then enroll for masters in accounting and information systems via giving GRE.
    Can you advise me on this whether should i enroll in that course if i clear my CPA?

    • @WillKalili
      @WillKalili  2 года назад +1

      Hi Manav: Do you mean to say you are planning on taking the CPA exam from India? If you have a CPA license from a US State and a Master's in Accounting from India. I would say a Master's degree from an institution in the US is not necessary. It won't hurt to have it, but not having it will not hold you back from job opportunities

    • @manavhir9161
      @manavhir9161 2 года назад

      @@WillKalilithanks for responding.
      Yes I am planning to write CPA exam from India. But only clearing 4 papers won't help me to secure visa and cpa license of any state of usa and moreover if I get admitted to a reputed University for masters then I will also get 3 years of work permit.
      It's a humble request that can we connect somewhere else?? I have a few questions in my mind. I would be OBLIGED 🙏🏻🙏🏻

  • @DreamFirms
    @DreamFirms 2 года назад

    Very interesting.

  • @tomvu1754
    @tomvu1754 Год назад

    Where did you go Accounting

  • @WillKalili
    @WillKalili  Год назад

    Are Student Loans Worth It?? New Video: ruclips.net/video/lqeunEJWgW8/видео.html&feature=shares

  • @Ahmed-ij7to
    @Ahmed-ij7to 2 года назад +1

    Wtf

  • @atribecalledfilm
    @atribecalledfilm 2 года назад +3

    He basically said a whole lot of nothing 😂😂😂😂