Navigating the Path to Public Accounting: Do Graduate School Choices Matter?

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 qualify for the CPA exam, I need to complete 150 credit hours, and my immediate dilemma centers on whether to pursue my master’s degree at WGU or to transfer to a more traditional university.

In my exploration of this topic, I often come across mixed advice about the importance of school prestige. Some assert that once you have your CPA, the reputation of your institution is largely irrelevant. However, I’m beginning to doubt this consensus.

I’m weighing two key options:

1. Continue at WGU: This route is cost-effective and offers a comfortable environment since I’m already familiar with the competency-based model.

2. Transfer to a Traditional Program: This would involve attending a local state university, which may carry more traditional academic weight in the eyes of employers.

My concern is that the stigma associated with online degrees—particularly those from competency-based institutions—might impact my job prospects within public Accounting. This is especially true for high-profile positions in firms like the Big 4, where first impressions count immensely.

In light of this, I have a few questions for those who have navigated this path, whether as candidates or hiring managers:

• Do recruiters truly set aside the name of the school once candidates hold their CPA?
• Have alumni from WGU successfully secured positions in Big 4 firms or other reputable accounting firms?
• Is investing more time and money into a traditional master’s program a worthwhile endeavor, given the current job market?

While the prevailing wisdom suggests that obtaining the CPA credential outweighs the name of your educational institution, I can’t help but wonder if sticking with WGU for my graduate study might inadvertently limit my opportunities.

I would greatly appreciate input from anyone who has faced similar decisions or who can share insights from the hiring side of the equation. Thank you in advance for your thoughts!