[ijustwant76]

After doing all the educational requirements for the CPA, I would only need two additional classes to finish off the MAcc.

What value the the MAcc do for your career other than just being able to put that no your resume?!?!

[law0915]

Nothing-A MAcc isn't needed if you have all your accounting credits already…I believe it is 30 credits of all just accounting…if you already have taken this many upper division classes at an undergrad level (as I have) why would I waste my money? IMO the only point of a MAcc is for accounting credits for CPA certification. My alma mater won't let you take 30 upper acc credits at an undergrad…in order to take more you have to be in the MAcc program….basically forcing you to get a masters. Pointless.

REG 77 Feb14
BEC 13*, 79 Aug14
FAR 64**, 76 Nov14
AUD 89 Feb15

*Exited exam after first testlet
**Only studied F1-F6 out of 10 Becker chapters

Licensed Arizona CPA

[Anonymous]

If that is all it takes definitely worth it. A MACC, like an MBA, is what you make of it. The more effort you put in the more you learn. Won't necessarily help a bunch in getting your first job but may help with getting promotions later on. Can be great networking opportunity, esp if you attend near the city you plan to work in, as your class will have a lot of hardworking people that will likely end up in the same city (aka so after a year at your first job and you hate it, no worries reach out to former classmate bout job posting you saw at their company.)

[Anonymous]

My direct manager used my graduating with a MAcc as part of her reasoning for recommending to our VP to sign off on a promotion and raise. Also, some jobs that use a formalized pay scale (mainly government) give you an automatic salary increase for having a graduate level degree.

I needed the extra hours for my license and my company has a tuition reimbursement benefit, so the only real sacrifice on my part was the extra time/work I had to put into a masters level course versus an undergraduate level course. However, if someone has to pay for it out of pocket or already has a sufficient number of credit hours for the CPA exam, it may not be worth it.

[JohnWayneIsGod]

I have a MACC, and it is the best thing I've ever done. Despite some in the field thinking that the degree doesn't matter, I do get viewed more highly than those with a 4-year degree. But it doesn't beat a CPA. Having a CPA trumps all. So if you are already working on your CPA, keep at it as the MACC would only be a distraction.

FAR - 80

Courage is being scared to death, but saddling up anyway.

-John Wayne

[Anonymous]

I have a MAcc. It's a complete joke. I only did it to get my 150 credits as part of a 5 year program. I would go for a finance MBA or something if I were you or maybe a master's degree in Film & TV Production… Still more useful than a MAcc haha.

[Missy]

If it's a matter of 2 classes it's worth it. People here are always looking to add credentials that are far less valuable (CGMA, etc). I don't think the ROI on an entire master's is favorable but in your case I think it would be foolish not to.

Old timer,  A71'er since 2010.

Finance manager/HR manager

 

 

Licensed Massachusetts Non Reporting CPA since 2012
Finance/Admin/HR Manager

[fuzyfro89]

Depending on the cost of completing your MACC, I think you might as well.

It has a very low likelihood of hurting you, and I generally think MACC is not very valuable (aside from getting people enough credits to get licensed) on its own, but being so close, it's more of a personal decision.

“For another $1, you could have a MACC!!!” <– would you do it?

Find out the cost, in dollars/time/etc, and then determine if you think it's worthwhile. In the short term, it will only be for personal satisfaction. In the future, it's something to talk about in an interview, something a colleague/future colleague can reminisce over with you, or may push you over the edge if you are borderline in a stack of resumes a few years down the road (or even sooner).

So again, depending on the cost, all costs, in order to complete it, I'd urge you to consider doing so.

[Anonymous]

Finish the two classes and get your masters. A lot of people say that a masters isn't needed but if you have it and your CPA, it does put you ahead of the competition.

Depending on where you want to end of in your career, a Masters may be a requirement. You may as well get it now while the cost is low. (The cost of education is only increasing)

[ScarletKnightCPA]

Two classes is very little. It might potentially be worth it. Even if it doesn't have any added value you are not losing much.

Far: 76 (Wiley Test Bank)
Aud: 77 (Wiley Test Bank)
Reg: 61, 76 (Wiley book, Wiley Test Bank)
Bec: 86 (Wiley Test Bank)

MBA in progress

[Anonymous]

Do it! Anyone who recommends not doing just two extra classes to get a masters is not doing you any favors.

[Jaane]

Alright ijustwant76,

I agree with everyone else up thread. With only two classes standing in your way, you have to do the MACC on general principle.

[ijustwant76]

LOL @Jaane….”just on general principle”. It will cost ~$5K. I'd like to think that there's some payback for it and trying to figure out what that is, other than being able to add two lines to my resume!

[Author]

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