Navigating Graduate School Choices: Does 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. To sit for the CPA exam, I need to reach the required 150 credit hours, and while I’ve considered various options, advice I’m encountering online is causing me some uncertainty.

A recurring theme I’ve noticed in discussions is the notion that school prestige is irrelevant after obtaining a CPA license. However, I’m wrestling with whether that perspective truly holds weight in the competitive landscape of public Accounting.

I currently have two pathways in front of me:

1. Continue at WGU for my master’s degree – This option is appealing due to its affordability and the familiarity I have with the program.
2. Transfer to a traditional university or state program – This choice could potentially offer a more conventional educational experience.

My hesitation largely stems from the perceived stigma surrounding online degrees, particularly competency-based models like WGU’s, which utilize pass/fail grading and automatically equate to a 3.0 GPA. I’m concerned this might impact my candidacy with public accounting firms and affect my prospects for desirable entry-level roles.

I would appreciate insights from anyone who has navigated this hiring landscape, whether as job seekers or hiring managers:

• When recruiting, do hiring teams truly overlook the college name once a candidate has their CPA?
• Have individuals with a WGU background managed to secure positions in Big 4 or mid-tier accounting firms?
• Is it beneficial in the long run to invest the additional time and resources in a more traditional master’s program?

While the prevailing wisdom suggests that holding a CPA can overshadow the institution where one studied, I can’t shake the unease that I might be narrowing my options by opting to stay with WGU for advanced studies.

I would love to hear from those who have faced similar decisions or have insights into this aspect of career advancement in accounting.

Thank you for sharing your thoughts!