Navigating the Master’s Program Dilemma: Does School Prestige Matter in Public Accounting?

As I approach my graduation from Western Governors University (WGU) with a bachelor’s degree in Accounting, I find myself facing a pivotal decision regarding my next steps. To meet the CPA licensure requirements, I need to accumulate 150 credit hours, and I’m currently weighing my options for a master’s program.

Throughout my exploration of online forums, there seems to be a prevalent belief that the prestige of your school becomes secondary once you earn your CPA. However, I can’t help but feel a sense of uncertainty about this perspective.

Which Path to Choose?

I have two main options before me:

1. Continue at WGU for my master’s degree – This option is cost-effective and familiar, given my experience there.
2. Transfer to a traditional university – A more conventional route that possibly carries greater prestige.

My hesitation stems from the lingering perceptions surrounding online education, particularly competency-based programs like WGU, where the grading system is pass/fail, and a standard 3.0 GPA is assigned. I worry that such factors may impact my prospects for entry-level positions in public Accounting or hinder my chances with larger firms.

Seeking Insight from Experience

I’d like to tap into the wisdom of those who have navigated the hiring landscape, whether you’re an aspiring accountant or a hiring manager:

• Do recruitment professionals truly overlook the college’s name after you’ve earned your CPA?
• Are there individuals who successfully entered Big 4 or mid-tier firms with a degree from WGU?
• Is pursuing a master’s at a more esteemed institution worth the additional expense and time?

While many uphold the mantra of “CPA > school affiliation,” I am grappling with the fear that choosing WGU for my master’s might limit my professional opportunities. I would greatly appreciate any insights or personal anecdotes from those who have faced similar decisions.

Thank you for your guidance!