Number of the Day: $5.7 Million
No, that isn’t the latest fine given to a Big 4 firm by the SEC for shitty auditing. That is the median cash compensation—after graduation and working for 35 years—for someone who got an MBA from one of the top 50 business schools in the U.S., according to an analysis for the website Poets&Quants by […]
Compensation Watch ’19: MBA Starting Salaries In Accounting/Finance Aren’t Too Shabby
After reading through the latest Business School Hiring Report from the Graduate Management Admission Council, there’s some good news and some bad news for newly minted MBA accounting grads. First, the good news: 1. MBA starting salaries are the highest on record: Adjusted for inflation, the median annual base starting salary U.S. companies will offer […]
MBA Holders Have Bigger Paychecks, Especially White Dudes
Last October, we published an article written by a former KPMG senior associate, which you guys seemed to like, on why accountants should have both a CPA and an MBA. But what the article really doesn’t talk about is the earning potential of having an MBA. Well, a new study from the Forté Foundation sheds […]
Take It From a Former Public Accountant: Having a CPA/MBA Makes Sense
It’s a tale as old as time here on Going Concern. Your career in public accounting probably looks a little something like mine did: slog your way through 150 credits, pass the CPA exams while working, keep near-investment banking hours (yet still pack lunch to make the salary work), and then sit back and watch […]
Non-CPA Controllers Offer Perspective on Choosing a Certification
Three years ago, Anne Bronchetti, CMA, had an accounting intern from a local university who had never heard of the Certified Management Accountant designation until she told him about it. “He knew he wanted to pursue a career in accounting but wasn’t at all sure what path to follow or where he should focus,” said […]
No CPA, No Problem: Why Some Controllers Opted for Other Professional Credentials
Joel Konts was told over and over again during college that if he didn’t sit for the CPA exam and work for a public accounting firm after he graduated, he wouldn’t have the best of luck making a career in accounting. “I also knew that if I didn’t go for my master’s degree right after […]
Should CPAs Consider an MBA?
In the next few weeks, business schools around the world will be starting the application process for the MBA class that will start in the fall of 2016. Most MBA programs do admissions in rounds, with the first round applications due by October, and second and third rounds coming later. Only 30% of applications are […]
Accounting Career Conundrums: The Path to Becoming an International Accountant of Mystery
This week, a newb discovers GC and solicits career advice. Which is pretty much every day around these parts. If you just happened to Google the right combination of words to land in our lap and need career advice, first please look around a little to see if your question has already been asked. Then, […]