Advice on MSF vs. Other Paths (Big 4 Tax -> Consulting/Finance)

Guidance on Choosing Between MSF and Alternative Career Paths (Big 4 Tax to Consulting/Finance)

Hello everyone,

I’m currently an Accounting major at SDSU, about to graduate this semester with a GPA of 3.2. I’ve interned as a Discovery II Tax Intern at Deloitte, and I’m set to return this summer, where I anticipate receiving a full-time offer in tax. However, I’m looking to make a transition into finance or consulting—preferably in a more strategic role rather than one focused on tax.

At the moment, I’m enrolled in 18 units, which leaves me with little time to prepare for the GMAT or GRE. I’ve been interested in applying for USC’s MS in finance, but the GMAT is a requirement. If taking this test would genuinely enhance my prospects, I’d be open to it.

Right now, I’m considering:

  • USD’s MSF (University of San Diego) – No GMAT required. How well does this program perform in terms of placement for finance and consulting positions?
  • Pepperdine’s MSF – Also GMAT-free, but I’m uncertain about their job placement success.
  • Other Southern California MSF/MBA programs that don’t necessitate a GMAT while still offering solid career opportunities.

Would obtaining an MSF from one of these institutions truly facilitate my shift into finance or consulting? Or would it be more beneficial to remain at the Big 4, aim for a transfer into advisory or FP&A, and pursue an MBA later on?

I’d greatly appreciate any insights from those who have successfully transitioned from tax to consulting or finance. Thank you in advance!

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One response

  1. Hey there,

    It sounds like you’re at a pivotal point in your career, and it’s great that you’re thinking strategically about your next steps. Transitioning from a tax-focused role in the Big 4 to finance or consulting is definitely possible, but there are a few paths to consider.

    1. MSF Programs:
    2. USD and Pepperdine are both solid options, especially since they don’t require the GMAT. An MSF can certainly help you pivot into finance and consulting roles, especially if you’re coming with a strong foundation in Accounting.
    3. Career Placement: Research the placement statistics for each program. Reach out to alumni or current students to understand how well they connect graduates to roles in finance and consulting. The strength of these programs often comes down to the network you build and their career services.

    4. GMAT vs. No GMAT:

    5. If you’re considering applying to schools that require the GMAT, it might be worth dedicating time to study for it, especially if you have your sights set on top-tier programs. A higher GMAT score can significantly improve your chances of admission and may open more opportunities for you later on.
    6. That said, there are many successful careers launched from programs that don’t require the GMAT, so don’t discount those options.

    7. Big 4 Experience:

    8. If you can transition into advisory or FP&A, that experience can also be valuable. These roles can provide a strategic perspective that may align more closely with your interests in consulting and finance.
    9. Many people do leverage their Big 4 experience into consulting roles, especially if they get involved in projects that require a broader business mindset rather than a solely tax-focused approach.

    10. Networking:

    11. Regardless of the path you choose, networking will be your best ally. Connect with professionals in your desired fields, use LinkedIn, and attend industry events. You may uncover opportunities that you hadn’t considered yet.

    12. Long-term Goals:

    13. Think about where you want to be in the next 5-10 years. An MBA might strengthen your credentials down the line, but gaining experience in finance or consulting earlier could be more advantageous if you’re focused on those areas.

    In summary, both an MSF and experience in the Big 4 can be valuable. If you feel you can manage the GMAT prep alongside your coursework, it might be worth pursuing programs that require it. However, if you’re leaning towards the MSF programs that don’t require it, make sure to validate their placement success in finance/consulting roles. Ultimately, follow a path that aligns best with your long-term goals, and don’t hesitate to leverage the resources you have available to you. Good luck!

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