Navigating Master’s Degree Decisions: Does University Prestige Matter in Public Accounting?

As I approach graduation with my bachelor’s degree in Accounting from Western Governors University (WGU), I find myself at a crossroads regarding my next steps towards obtaining my CPA and fulfilling the necessary 150 credit hours. The discussions I’ve encountered online suggest that the prestige of one’s alma mater loses significance after attaining the CPA, yet I find myself questioning this perspective.

My current dilemma revolves around two potential paths:

1. Continue my education at WGU: This option would be budget-friendly and allow me to stick with a program I know well.
2. Transfer to a traditional state university: Pursuing a master’s degree at a more conventional institution might carry a stronger perceived reputation.

What weighs on my mind, however, are the lingering stereotypes surrounding online education, particularly with programs like WGU that employ a competency-based approach with pass/fail grading and a standardized GPA. I fear that such factors could hinder my chances of securing a position with reputable public Accounting firms or navigating the competitive landscape of entry-level roles.

For those who have experienced the hiring landscape—whether you were looking for a job or were part of the hiring process—I’m reaching out for your advice:

• Do recruiters truly prioritize the CPA credential over the name of the university?
• Are there success stories from individuals who have made their way into Big 4 or mid-tier firms with a degree from WGU?
• Is the investment of time and resources in a traditional master’s program justified, or is it better to remain with a familiar and more affordable option?

While the typical advice suggests “CPA > school name,” I can’t help but wonder if remaining at WGU for my graduate studies might confine my prospects. I would greatly appreciate insights and experiences from anyone who has faced similar choices.

Thank you in advance for your valuable input! Your perspectives could significantly shape my decision as I navigate this critical juncture in my academic and professional journey.