MSc Accounting and Finance vs MBA for corporate finance roles
If you just want to work in finance division of a company, and maybe CFO
is one of the degrees more "effective"? if so, which and why
Thank you
If you want to be a CFO, having a solid background in accounting helps. A large chunk of a CFO's job is signing off on financial statements and dealing with reporting requirements, which means that many of them actually have a CPA. If the MBA program gets good recruiting and gives you enough accounting credits or whatever to let you sit for the CPA exam, it's not a bad option, otherwise I would seriously look into getting your CPA if being a CFO is your end goal. Rotation Programs are a good option too if you can get in.
MBA + CPA. Seriously. Did you take any accounting courses in undergrad?
I just don't see a great argument for a Msc in Accounting unless you have a non-accounting undergrad degree and are dead set on going Big 4. Even then I'm skeptical. The MSF doesn't seem to fit the CFO-track as well either. Definitely agree with everyone above on the MBA.
You don't need either for corporate finance roles. Get into a bank, and apply when you can post out after a year. Learn us much about accounting and finance as you can within that time frame. The interview comes down to personality and knowledge. I really don't think an MBA is neccesary unless you're trying to break into a top consulting or investment banking firm.
I'm going to strongly disagree with this point. From my personal experience you'll need either a CPA or MBA to advance high up in corporate finance. I personally know of a couple of exceptions, and of course the older executives don't meet that criteria, but the general qualifications for roles manager + ask for a CPA or MBA. Obviously you can in some cases make the jumps without either, but usually it's going to take you longer and you'll plateau sooner.
my degree is accounting and finance with acc focus
Are you eligible to sit for the CPA then?
I am. I am in europe and in my country the equilevant of cpa is ACCA so i just get exemptions from the first papers
Which means what?
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