MSA or CPA first??

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  • #3121548
    Sammy
    Participant

    Hi, I am a working professional and I completed my undergraduate in Accounting 6 years ago. I want to start studies again and complete MSA (online) CPA. I am stuck at the decision of whether to complete Masters in Accounting first and then go for CPA or vice versa. If any of you with a Master’s in Accounting degree will be able to share your experience if it really helped you in getting ready for the CPA exam or not?

    “Of course it’s hard.  If it were easy, everyone would do it.  It’s the hard that makes it great.” - Tom Hanks
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  • #3121557
    digger
    Participant

    I would say that if you have enough credits from undergraduate (150) to sit for the CPA, to do that. I don't think the MSA prepares you anymore then if you were to self-study with a Becker or Ninja. And you will save a lot of money that way, as well.

    #3121731
    April94
    Participant

    I got my MS in accounting but didn’t feel like it prepared me for the CPA exam. A review course will prepare you way more for the exam. Like @digger said, if you already have the credits you need to sit for the exam, I would just skip the master’s program and go straight into buying a cpa review course.

    "It takes as much energy to wish as it does to plan." -Eleanor Roosevelt

    Licensed CPA in IL

    FAR-72, 55, 82 (Roger + Wiley TB)
    AUD-66, 92 (Roger)
    REG-71, 81 (Roger + Wiley TB)
    BEC-77 (Roger)
    Ethics- 93

    #3122190
    Offthewall97
    Participant

    Get the CPA for sure, no point to getting the MSA if you have the credits already to get the cert. The point of the MSA is to get the credits, not to become more marketable (maybe your FIRST job it will help, doesn't apply here).

    Wishing you well with your CPA studies!

    AUD - 85
    BEC - NINJA in Training
    FAR - 76
    REG - NINJA in Training
    "Get busy studying, or get busy dying."
    #3122196
    AGI
    Participant

    The MSA accounting definitely does not prepare you for CPA, unless your program is CPA focus. You can take any master that contains enough accounting credits to fulfill the 150 crs. Such as management, CIS, computer science, marketing, etc. Or simply make up the missing credits.

    I would only recommend taking MSA accounting for BA/BBS accounting if you really like accounting and have specific classes you want to take to adv your career, like Forensic, hedge funds, tax, auditing, etc. You don't need another degree that tells you a little bit of everything in accounting. Do note that non-accounting major bachelor degree people will be sitting with you together to take the class, and sometimes bachelor degree students to crossover and take master class for the 5 year path. You want to do something meaningful (I guess).

    I took my MSA to explore different specialities in accounting, and do get a second round of “career fairs”.

    Personally I took the test first before I go for my MSA, so classes were too easy for me and I felt like I was tutoring half of my classmates a lot of times. Many were newly graduated from college, and young. The teacher questioned why I was in MSA… The classes definitely won't go over CPA exam questions.

    I think you should ask yourself WHY did you want to take MSA. Career? CPA? Education? If your only reason to take MSA is to fulfill the CPA exam, then I would recommend taking the test first (if the score doesn't expire). The test is the most painful part, and school is easy when it's online, remote, never have to show up in-person.

    NY - CPA

    New York - NYC
    Passed CPA Exam (11/2014)
    In search for a position in NYC that will fulfills the license requirement.

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