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
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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.

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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

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