Should I go for an MBA?
I’m currently a staff 2 and feeling burnt out on audit. Performing well but the work is not very rewarding for me and I’m also looking for a faster promo & raise pace than is available in B4 audit. I’m considering pivoting to advisory as well, ultimately want to end up in an exec role (prob CFO). I would only go for an MBA if I make it into a top 25 program - is it worth the boost or would you stick it out and stay the course in accounting? Already have my CPA

likefunny
Posting as :
works at
You are currently posting as works at

Yes, I’m about to finish my mba and I came from Big 4 audit and will exit to MBB strategy.

likeuplifting

Switching to accounting advisory or FDD is a cheaper route if you want to be a CFO

I came from accounting advisory and am now a CAO. Many of my peers that I have kept up with are now CFOs. Same with some former audit partners I know. Depends how much the company values the compliance/process aspect of the CFO role. Some companies don’t care about compliance and only care about the capital markets aspect of the role and therefore an ex-banker makes sense for the position. Most controllers/CAO are involved with the capital markets transactions and therefore the combination of technical accounting expertise, process expertise, and the capital markets reps make an ideal candidate for a CFO.

Should have said TLDR; you don’t need an MBA lol.

like

Worth the boost. Unless you genuinely like accounting, do it.

FWIW I pivoted to data science after 5 years in accounting and my biggest regret is not doing it sooner.

Don't need MBA to be cfo

More Posts

Hey everyone! Hope your day is going good!

I've got close to a year of internship experience in the Data Science field where I worked on a number of end-to-end projects.

Currently I'm looking for opportunities as a Data Scientist and would appreciate any help given.

Do consider helping out an upcoming data scientist and have a nice day!

like

Hmm... our clients just paused ads on Teen Vogue due to homophobic tweets by the outlet's new editor-in-chief, Alexi McCammond.

like

Bain & Company Anyone is going though a Consultant application with Bain London as experienced hires? With the SOVA test deadline 3rd Oct, and was told to hear about outcomes this week. 1st round of interviews are on 14th Oct.
Still no news on my side. Anyone has heard back? Bain & Company

likehelpful

Hi! I work at a boutique consulting firm in NY/LA who is looking to hire SC/M with experience in Salesforce/Rights/DMSC/Change Management/SDLC. Please dm me your LinkedIn if interested or if you have questions!

like

It took me five months to find a therapist. Had my second session today and she helped me so much.

likeuplifting

I am looking for pointers on laterally moving from a smaller consulting firm to top consulting firms. Would love to learn more about the feedback system in place (i.e., the metrics that are evaluated, is it a ranking system or qualitative feedback?), overall firm culture, things that too firms look for in a lateral hire.

like

Accenture

Hi Fishes, Would like to know if Accenture has stopped or slow down the hiring process as myself and some known colleagues are on NP (will end soon) but didn't receive a call from HR.

Any idea about this.

like

Anyone know about DDB’s SF internship program? I applied 2 months ago but never got a message

like

How is Alteryx as a company to work for?

like

Phr vs waiting for sphr?
Taking the credential and want to prep.

Hi Fishies ,Any one got offer from Soc Gen Recently? Any idea how much time they take to release offer ?
Please help.Thanks in Advance

like

Need help from the Hivemind. I am a rising 4th year who has only been at my firm for a little over a year (after a few clerkships). I like my firm well enough, and the partners I work with like me a lot, but I’ve learned that Biglaw is not the life for me and want to get out ASAP. I’m applying to a Fed agency that I’m really excited about, but the application requires a reference from your current supervisor. I haven’t told the firm I’m thinking about leaving. How would you handle this?

like

Customer : you should be getting on your hands and knees like a dog to beg for my business
Manager : sorry for my front desk upsetting you well comp your 90 minute session
Me : gets coached for not breaking policy and giving the lady a massage that’s positive for covid so I told her to rebook

like

I just got hired for my first corp job after uni. Any important questions I should ask during onboarding/1st day?

like

How would you account for promotional sensitivity of products when you apply weights to a drug portfolio? For example, a drug could be first-in-class and as a result doesn’t have to be promoted as much as another drug which has some competition. We have some weights from sales but how do you include weights for promotional sensitivity on top?

like

What level of band C2/D1 in Capgemini? And what could be an offer range ?

like

Is VMware providing permanent wfh?VMware

Tender reminders - please take care of your mental. This week (this life) has been heavy. 🖤✊🏾

Post Photo
like

What is AYDE taking place in Hyderabad?? Can all employees attend??

like

VertCoin is the new LiteCoin?

like

Additional Posts in Accounting Exit Opportunities

Looking for tips/suggestions in leaving public after 6 years. Also wanting to change industries at the same time. The latter appears to be the hard part with so much time in my specific industry.

like

I loathe tax, I want to work to live not live to work. Switching fields means starting all over again. I feel torn. Anyone have success stories? Advice?

likesmart

Accepted an offer recently (last week) and haven’t heard back from the HR regarding a confirmed start date (we discussed dates but didn’t nail down in offer letter) or background check, is this stuff that normally takes time to get set up? Thanks

likehelpful

Today is the official last day at PwC. Mixed feeling, gonna miss my coworkers but excited about my next job.

likeuplifting

Ok fishbowl family - I need advice. Rising senior 1 here and realizing that I genuinely get no joy out of audit. I’m way too stressed and really do not care about accounting and have made it a life goal to never book a journal entry. I want to take the next year to figure out what my dream job is and go for it. Here’s what I like: I love talking to people, mentoring & teaching, organizing, learning. I literally loved everything in college- I was between majoring in accounting or psychology. 1/X

like

How would you answer in an interview “Why are you looking to leave (insert Big 4) and why now”? Early SM rank.

like

More than likely receiving an offer for a more technical position than I’d like in my career. In short, I think it pigeonholes me into a role I’m not comfortable with and have little interest for.
How do I politely reject the offer when it comes through?

like

A job where I use my current skill set to do something rewarding, fulfilling, meaningful, actually help people not just indirectly through corporate BS… readyy go! Need ideas/inspiration please. (And more detail than “NFP work” please.)

likehelpful

So.. if I put in my notice and they let me go immediately due to going to a competitor (I heard that pwc pays for the two weeks regardless) - can I immediately start at the new job? Wouldn’t that mean that I am on both payroll for two weeks? Is that an issue?

like

What amount of money would you need to be offered from another company to leave (talk in terms of percentage increase in salary and include your level at the firm)? I’m passively looking and am curious what offer would be considered too good to pass up as an AY2.

like

Have a third and final interview for a senior accountant position tomorrow with the director of tax in industry. I previously spoke to the director and CFO. Is this is a formality? What should I expect? Any thoughts are appreciated.

like

I have an interview at U.S bank for senior risk analyst coming up. I am currently a senior audit associate which is a big switch I’m assuming. Any tips to prepare?

like

Please recent honest feedback/review about The Siegfried Group? I would appreciate your help to make a desicion ASAP

likehelpful

I applied at this company and last Friday they verified my references. And then 4 days later hiring manager sets up a phone conversation letting me know they still have other finalist they are interviewing and will let me know when t they make a decision. I really wanted this job and now idk if I’ll even get it. But my question, why would she verify my references and not offer me the job!is that normal ? This never happened to me before 😞

like

Anyone mind sharing what they left PA for? Trying to get some ideas here, I’m in tax but would appreciate any non-standard exit opps too!

like

S1 tax in Boston, intending to relocate to Pittsburgh for personal reasons. I'm expecting a pay rate decrease due to COL difference. Any advice appreciated. Referral, recruiting forms to avoid, etc...

like

Has anyone made the leap from Corporate accounting/Financial reporting to something more niche like Revenue Reporting? I work in SEC reporting but want to work somewhere more diverse/fast paced/in the saas world and am considering a revenue reporting manager position at a tech company.

I haven’t worked in revenue before and am not super familiar with 606 so I don’t know if I would flop but I’m a CPA with 8+ yes experience (mix of PA/corporate experience)

like

Best route to CFO… FP&A or Controllership route? (In my case I might be breaking into FP&A with an accounting background with a CPA license)

like

Pls help! I’m updating my resume with the hopes of leaving the firm in the spring. How do I go about including the industries that I’ve worked in and that I’ve been on IPOs? Currently a staff 2 (started in the summer of 2019) and I’ve been on a total of 4 busy seasons and then the 2 IPOs. I also have about 5 years of work experience (incl accounting) prior to joining EY, so not overly concerned about leaving before promo if the timing works out that way

like

I got an email on Friday at 1:30 asking for my availability this week for an interview and I responded back Saturday at 11:30 and sent the recruiter an email letting him know I responded and I was looking forward to the interview but I haven’t heard back. Is this a bad sign or am I overthinking it?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal