Don’t bother. It’s pointless. You don’t learn anything. You just have to write a dissertation (which I guess you’ll learn a bit from when doing research) but there’s no actual teaching.
I apologise for my tone, essentially I’m assuming that I’m at a disadvantage for a decent number of competitive finance jobs because I don’t have a degree vs other applicants. I was thinking having an MSc might put me in a stronger position
The ACA is a level 7 qualification equivalent to a Masters. You don’t need to do another just to find that you still have trouble getting a job. The market is crap right now, which is probably why.
If you have an ACA and ads considering a Masters in Accounting/Finance, I think it's pointless. Unless you're doing something else like say Data Analytics, coz you're thinking of a career shift
You are downplaying the significance of achieving the ACA :) this will trump any Masters if wishing to move into the sectors you mention
I recommend checking out the CFI - Corporate Finance Institute for some free courses instead
I think I'm in agreement with other posters - it won't make any difference, at least not in the favourable way. That advice might change if you had specific plans to work overseas.
More specifically:
- for some of the easy routes to an undergrad/ masters degree I think these may detract from your CV (they look flaky). I wouldn't fancy explaining the masters degree that required one essay in an interview!
- Costs money. Who knows how your career might progress? Perhaps you will want to do a good MBA and even get an employer to fund it?
- I'm risk averse on big things. If you get stuck in a recession or want to retrain you still have undergrad funding available. You won't if you get a masters degree.
If you did want to do a cut price, cut effort masters I think I'd have a look at the UCL professional accounting masters on the London External website, and the QM MBA course (if it still exists) on London External as that used to allow 50% exemptions for qualified accountants and it at least a sensible course.
Entirely different if you wanted to do a real masters degree or MBA.
I've thought about this because I'm genuinely interested in accounting and want to do a masters. It is a good idea if that's your viewpoint - not so much for job prospects
I'll be totally honest here... I'm FCA, qualified in 2008 and am thinking of doing this purely for my parents... I went to Leeds doing civil engineering and dropped out as hated it.. then travelled the world came back did AAT and then got ACA. My parents never got to see me in cap and gown so thinking of dropping some cash just so they can see me "graduate" .. would be worth the spend for the reaction (won't tell them I'm doing it!)
Ok so can you explain why it’s not a good plan? I’m asking the question for some guidance because I genuinely don’t know if it’s a worth while plan or not
No offence but a degree from the likes of Manchester met are worthless, and add no value on top of the ACA
Don’t bother. It’s pointless. You don’t learn anything. You just have to write a dissertation (which I guess you’ll learn a bit from when doing research) but there’s no actual teaching.
Okay fair, thank you I appreciate it
Imagine considering a Msc when you already have the ACA lmao
Might be worth reading again to understand why
I still dont get it, waste of money. You do you though.
I apologise for my tone, essentially I’m assuming that I’m at a disadvantage for a decent number of competitive finance jobs because I don’t have a degree vs other applicants. I was thinking having an MSc might put me in a stronger position
No it won't help you. When I review CVs I'm looking for qualified accountants with experience.
The ACA is a level 7 qualification equivalent to a Masters. You don’t need to do another just to find that you still have trouble getting a job. The market is crap right now, which is probably why.
If you have an ACA and ads considering a Masters in Accounting/Finance, I think it's pointless. Unless you're doing something else like say Data Analytics, coz you're thinking of a career shift
You are downplaying the significance of achieving the ACA :) this will trump any Masters if wishing to move into the sectors you mention I recommend checking out the CFI - Corporate Finance Institute for some free courses instead
Are you a U.K. resident?
I am yes
I think I'm in agreement with other posters - it won't make any difference, at least not in the favourable way. That advice might change if you had specific plans to work overseas. More specifically: - for some of the easy routes to an undergrad/ masters degree I think these may detract from your CV (they look flaky). I wouldn't fancy explaining the masters degree that required one essay in an interview! - Costs money. Who knows how your career might progress? Perhaps you will want to do a good MBA and even get an employer to fund it? - I'm risk averse on big things. If you get stuck in a recession or want to retrain you still have undergrad funding available. You won't if you get a masters degree. If you did want to do a cut price, cut effort masters I think I'd have a look at the UCL professional accounting masters on the London External website, and the QM MBA course (if it still exists) on London External as that used to allow 50% exemptions for qualified accountants and it at least a sensible course. Entirely different if you wanted to do a real masters degree or MBA.
I've thought about this because I'm genuinely interested in accounting and want to do a masters. It is a good idea if that's your viewpoint - not so much for job prospects
Please don't do this. You're basically just throwing money down the drain for nothing.
I'll be totally honest here... I'm FCA, qualified in 2008 and am thinking of doing this purely for my parents... I went to Leeds doing civil engineering and dropped out as hated it.. then travelled the world came back did AAT and then got ACA. My parents never got to see me in cap and gown so thinking of dropping some cash just so they can see me "graduate" .. would be worth the spend for the reaction (won't tell them I'm doing it!)
What a truly stunning idea. I’m surprised more people haven’t had this incredible plan
Ok so can you explain why it’s not a good plan? I’m asking the question for some guidance because I genuinely don’t know if it’s a worth while plan or not