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To do Masters or not?

  • 24-07-2010 2:37pm
    #1
    iMuse
    Registered Users, Registered Users 2 Posts: 3,975 ✭✭✭


    Hi, Im currently doing a business degree at an IT with a specialisation in accounting and plan on doing my ACCA or equivalent after i complete the degree. According to the Exemptions list i will receive the maximum 9 exemptions from the ACCA. My IT offer a Masters of Arts in Accounting as an add-on year so i was wondering do people think there would be any benefit to me to do the extra year and get the masters or start towards my ACCA after i get my honours degree? Would it be any easier to find a job to gain experience to do my Acca with a masters? Thanks for any advice


Comments

  • #2
    tenchi-fan
    Closed Accounts Posts: 3,339 ✭✭✭tenchi-fan


    I know some graduate jobs for chartered accountants would prefer a masters.

    You're asking would a masters help you get a job, however a year's jobhunting is more likely to get you a job than a full-time, year-long masters!

    Otherwise, I think the ACCA exams are considered to be equivalent to a masters. I'm not really sure if there's a benefit in doing the masters, however, if you don't do it now you probably won't get a chance to do it later on.


  • #3
    Da GOAT
    Registered Users, Registered Users 2 Posts: 453 ✭✭Da GOAT


    personally for me who didnt do a masters Id say dont do the masters. better to get into the work place. i think there are exemptions in ACA if u have a masters but it is still another year added on doing a masters. Also id say get into practice sooner to see if you like the career too.

    imo outside of the big 4 they dont mind you not having a masters.

    my 2c


  • #4
    EDudder
    Registered Users, Registered Users 2 Posts: 186 ✭✭EDudder


    I'd tend to agree with Da GOAT.

    I wouldn't commit to a masters thats so career specific when I still couldn't be 100% if i'll even want to stick at accountancy when I did get a training contract. Also, it's really not needed and just makes your training/exam period longer. I wouldn't be overly pushed on getting the exemptions a masters provides when you'll get exam leave anyway if you don't have the exemptions.

    Personal choice obviously. Maybe you would rather get as many of the exams over with as you can. But you'll just end up working a good few weeks extra when the rest are off on study leave.


  • #5
    Sikie
    Registered Users, Registered Users 2 Posts: 119 ✭✭Sikie


    Listening to your story I think it would be a waste of time doing the masters immediately after a primary degree its all a bit one dimensional. I would prefer to see the accountany exams and then follow these up with a masters but try to broaden it out a bit for your own sake


  • #6
    Pawwed Rig
    Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,430 CMod ✭✭✭✭Pawwed Rig


    Hi
    There are specific places you would need to do the Masters if you want to get exemptions. These include DCU, UCD some place in Galway. Not sure bout other colleges but you would be able to check easily enough.
    The other posters are correct in that you can work and do prof exams rather than do the masters. It depends if you have something lined up or not. Doing the masters is better than doing n othing for a year.


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