[rjoly]

I was told that if you obtain your masters, it will qualify for the work experience requirement. Does any one know if this is true? I’m in FL btw.n

n

REG 87
BEC 79
FAR WAITING
AUD WAITING

[Onyekaz]

rjoly, obtaining a master's degree demonstrates academic superiority that gives you an edge over your competition. However, it does not substitute work experience. In the current economy, it could even be a disadvantage if you lack experience and are looking for an entry-level position. There are so many workers out of work (some with as much as 20 years experience) and are willing to work for less than it may cost to hire you and most employer would rather hire someone with experience on the job than a recent graduate even if that graduate holds a master's degree. The reasoning from what I understand is that hiring and training you is expensive and employers risk losing you to higher paying companies as soon as you acquire some experience. Experienced employees however “hit the ground running” so to speak and may stay longer considering their inferior academic qualifications. On the other hand, fresh graduates (first degree) are also stiff competitors since they accept lower pay and can perform as much as you.
nAfter sounding so negative, I want you to take consolation in the fact that when you eventually get the appropriate employer, you will rise through the ranks faster in terms of promotions and perks. If you already have a master's degree, then you and I are in the same shoes. It is a CHALLENGING job market. It will eventually get better. It is not necessary to regret obtaining a master's, it will surely pay off in the long run.n

n

[limey]

Are you trying to license through FL? What's in the FL state board of accountancy guidelines?n

n

I really can't pass again!

[rjoly]

Thanks for the insight Onyekaz. I didn't think it was true. But, I went to the bank and was talking to an individual who stated they were a CPA and they didn't have to meet the experience requirement since they got their masters. I'm trying to get my license and having a hard time finding a company hiring anyone without experience. My school is really not helping. But, I just wanted to confirm. The state board of accountancy in FL states that it can be in academia but you actually have to accounting work and have a CPA oversee it.n

n

REG 87
BEC 79
FAR WAITING
AUD WAITING

[Anonymous]

rjoly, If it is for Tax, go for your masters if you are trying to go big 4. If not, go regional and skip the masters as long as you have the CPA exam or are starting to take it.

n

This is advice from a Partner at Deloitte that I am friends with. I asked him about tax and he said I do not stand a chance of Deloitte tax without my masters.n

n

[rjoly]

I was told that if you obtain your masters, it will qualify for the work experience requirement. Does any one know if this is true? I'm in FL btw.

REG 87
BEC 79
FAR WAITING
AUD WAITING

[Onyekaz]

rjoly, obtaining a master's degree demonstrates academic superiority that gives you an edge over your competition. However, it does not substitute work experience. In the current economy, it could even be a disadvantage if you lack experience and are looking for an entry-level position. There are so many workers out of work (some with as much as 20 years experience) and are willing to work for less than it may cost to hire you and most employer would rather hire someone with experience on the job than a recent graduate even if that graduate holds a master's degree. The reasoning from what I understand is that hiring and training you is expensive and employers risk losing you to higher paying companies as soon as you acquire some experience. Experienced employees however “hit the ground running” so to speak and may stay longer considering their inferior academic qualifications. On the other hand, fresh graduates (first degree) are also stiff competitors since they accept lower pay and can perform as much as you.

After sounding so negative, I want you to take consolation in the fact that when you eventually get the appropriate employer, you will rise through the ranks faster in terms of promotions and perks. If you already have a master's degree, then you and I are in the same shoes. It is a CHALLENGING job market. It will eventually get better. It is not necessary to regret obtaining a master's, it will surely pay off in the long run.

[limey]

Are you trying to license through FL? What's in the FL state board of accountancy guidelines?

I really can't pass again!

[rjoly]

Thanks for the insight Onyekaz. I didn't think it was true. But, I went to the bank and was talking to an individual who stated they were a CPA and they didn't have to meet the experience requirement since they got their masters. I'm trying to get my license and having a hard time finding a company hiring anyone without experience. My school is really not helping. But, I just wanted to confirm. The state board of accountancy in FL states that it can be in academia but you actually have to accounting work and have a CPA oversee it.

REG 87
BEC 79
FAR WAITING
AUD WAITING

[Anonymous]

rjoly, If it is for Tax, go for your masters if you are trying to go big 4. If not, go regional and skip the masters as long as you have the CPA exam or are starting to take it.

This is advice from a Partner at Deloitte that I am friends with. I asked him about tax and he said I do not stand a chance of Deloitte tax without my masters.

[Author]

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