I graduated with a history degree and have had trouble finding a decent job. That was why I enrolled in a masters degree program for accounting. I have completed a semester of accounting classes with good grades. Now I just received a good job offer working for a transportation company. They only required a bachelor's degree and this has me thinking whether I should drop the graduate program or not.
I keep hearing that degrees don't carry much weight anymore. I was only thinking of continuing the accounting masters program just to have it on my resume and to be more employable. But is it worth the extra tuition?
I'd hold with it if you can. It would pay off in the long run (probably). The question I have though is what do you want to do? I see history, then transportation and then accounting. Are you working toward something or just throwing stuff at the wall to see what sticks?
If you are at all interested, about a dozen or so years ago the FBI hired either lawyers, accountants or geniuses exclusively. All others need not have applied back then.
I want to work and earn a salary in which I can support myself. Along with that, I want to feel safe knowing that I will be employable in case of a lay off. That being said, some would say get more education while others will say to get all the work experience you can. If education does pay off, and I am good at going to school, then I will make time for it.
Long run education in a field you can find some joy in and pays well is the best option. I really like my job, some days are hard and boring others are hard and interesting. However it covers the bills and does not lead me fragged (most of the time) at the end of the day. If you find accounting interesting and can find joy in it, do the degree and make a career of it. Don't stop enjoying history but have a life with the resources to enjoy life.
When you are done with the Master's, you will also have 3 - 4 years working experience and a good (hopefully stellar!) reference.
Go to complete the CPA and/or CFP. Huge growth opportunity in the field projected for the future.
Slow and steady wins the race! Your earning potential as a CPA or a CFP will be excellent. The knowledge learned to earn that designation, will be well worth everything it will take to get to that point.
Good luck, Daniel. I'm excited for you.
There is some truth to what people say about degrees, however i believe it to be in the opposite direction.
to get a decent job a bachelors help, to be competitive in a career a masters helps.
you can either look back to these days and say "i started graduate school but..."
or "I completed my graduates program while working at ...."
There is moving trend among CEOs that their background is from the accounting section, CFO types. There is good money in taking care of other peoples money. ALso you may entertain the idea of teaching history at a community college level and this would require a masters degree. just thoughts to roll around.
I would say: think big picture. If you lost the job, would another just as good be likely?
In a different field, I'd heard that some personal-finance-advice guy said to someone in Info Sys: don't bother with the MS. I run a company, and I hire a lot of IS guys, and they don't need masters'.
But that's one company. Can they get jobs elsewhere and get paid more? It varies by discipline. Education: absolutely. Psychology: no, forget it. Business: that's what you need to find out -- focusing on general usefulness of the MBA, rather than in your particular -- and temporary -- situation.
Good luck w it.
Depends where your heart is. If you are going for your Masters just to get a better job, forget about it. If your passion is accounting (which I'm sure it is for soooo many people, :)) then go for it. If you have ajob you love, you'll never work a day in your life!
Thanks for all the replies everyone.
Update: I had two job offers going on and I accepted one working at an automechanics union office. I will be working as a data entry clerk and the head supervisor wants me to move up the ranks over there quickly.
The accounting degree and CPA seem like a good plan for me to add to my resume with the work experience I will be getting.