Navigating Graduate School Choices: Does Prestige Matter for a Career in Public Accounting?
As I approach graduation with my bachelor’s degree in Accounting from Western Governors University (WGU), I’m faced with an important decision that has many aspiring accountants pondering their academic paths. In order to qualify for the CPA exam, I need to accumulate 150 credit hours. However, as I explore my options for a master’s degree, I find myself wrestling with the question: does the prestige of the school I choose truly impact my opportunities in public Accounting?
Throughout my research, I’ve encountered numerous discussions suggesting that once you’ve attained your CPA, the significance of your school’s name diminishes. However, I can’t help but feel uncertain about this consensus.
Currently, I’m deliberating between two paths:
-
Staying at WGU for my master’s program: This option is not only cost-effective but also allows me to continue in an environment I’m already accustomed to.
-
Transferring to a traditional state or local university: This route would likely provide a more conventional academic experience but at an increased financial and time commitment.
A concern that weighs heavily on my mind is the ongoing stigma surrounding online education, particularly for competency-based programs like WGU that utilize a pass/fail grading system and automatically assign a 3.0 GPA. I worry that this might hinder my prospects of securing employment with reputable public accounting firms or obtaining desirable entry-level positions.
I’m seeking insights from those who have been on either side of the hiring table—whether as candidates or hiring managers. Here are a few questions I’m particularly interested in:
- Do recruiters genuinely overlook the prestige of the institution once you’ve earned your CPA?
- Has anyone successfully navigated their way into Big 4 or mid-tier firms with a degree from WGU?
- Is investing the extra time and money in a traditional master’s program justified, or is the educational value comparable to that of WGU?
While I understand the conventional wisdom asserts that holding a CPA trumps the name of the school, there’s an underlying worry that my choice to remain with WGU for graduate school could restrict my career opportunities.
I would greatly appreciate any experiences or advice from individuals who have faced similar decisions. Your insights could be invaluable in helping me navigate this crossroads in my educational journey. Thank you in advance for sharing your thoughts!
No responses yet