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ACA or not?

  • 02-08-2011 12:54am
    #1
    cson
    Registered Users, Registered Users 2 Posts: 14,500 ✭✭✭✭


    Going doing a Masters next year regardless, I've been accepted into the DCU Accounting Masters but I've been thinking about my career path and I'm doubting myself a little; basically I don't see myself as a career accountant, I'm pursuing the ACA as a means of opening doors for me into industry. I would see my future lying somewhere within the realm of Consultancy as it would be where my strengths would lie. The question therefore I'm asking is would I be better placed doing a Masters in Management Consulting? Ultimately its a decision I'll have to make myself but I would appreciate opinions on it. What would dissuade me from switching is that the ACA qualification is pretty watertight when it comes to jobs whereas on the other hand Management would appear not so much.


Comments

  • #2
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Ask yourself the question...

    What would qualify you to be a consultant if you completed a masters in consultancy?

    Consultancy should be all about experience - maybe you have this already?


  • #3
    SBWife
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    To me a Masters in Consultancy sounds like complete BS I'd expect experience an MBA and maybe a professional designation.


  • #4
    jessup
    Closed Accounts Posts: 40 ✭jessup


    The Masters in Consulting in Smurfit is very well recognised and our firm alone would hire a number of Graduate Trainees each year from that course for our Management Consultancy Dept. Accenture would be another firm that takes on a lot of those Masters graduates.

    The Big Four firms that sold off their MC depts after Enron are steadily reconstituting their Consultancy Departments and they will take on Masters in Consultancy Graduates with no experience just like they do with Master in Accountancy Gradautes and train them up like they do in Audit, Tax etc. With Ireland being such a small market, the 'non accounting' consultancy firms here like IBM Global Services, Cap Gemini, Bearing Point, McKinnsey etc. would really only be looking for 'experienced hires', but these firms would be looking for trainees in the UK.

    In relation to the suggestion about the MBA, you can't even start one of those unless you have three years work experience. Many of those that have done an MBA in Ireland (one of the 'real' MBAs not the kiss me ars€ one in every second college) will tell that it's over sold but very under valued in Ireland, in contrast to the UK or the US/Canada/Oz


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