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Old 05-17-2017, 12:34 PM
 
200 posts, read 147,065 times
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Hi everyone,

Can I get your thoughts as to what a person with a newly-minted MS in Accounting whose bachelor's degree and work experience are in unrelated areas could realistically hope to get as a starting salary as a staff accountant? Since I will be 45 this year, I'm assuming that an accounting firm probably won't be interested in someone my age.

Thanks in advance...
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Old 05-19-2017, 06:38 PM
 
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Are you a CPA?
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Old 05-20-2017, 02:08 AM
 
200 posts, read 147,065 times
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I wasn't planning on it, but I'd certainly be willing to take the exams if the earnings differential in a couple of years would justify it.
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Old 05-22-2017, 03:58 PM
 
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Earnings should be significant over time and being a CPA opens doors into many different industries. A CPA is more valuable today than an MBA. You are probably aged out of most big 4 accounting firms unless you can get into their consulting divisions or maybe tax.
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Old 05-25-2017, 06:40 AM
 
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Thanks for the information- I guess I have my work cut out for me!
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Old 09-23-2017, 12:55 PM
 
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Quote:
Originally Posted by Yenisei View Post
Hi everyone,

Can I get your thoughts as to what a person with a newly-minted MS in Accounting whose bachelor's degree and work experience are in unrelated areas could realistically hope to get as a starting salary as a staff accountant? Since I will be 45 this year, I'm assuming that an accounting firm probably won't be interested in someone my age.

Thanks in advance...
If you were in the New Jersey - New York area, I would say about $50K - $55K. As far as your assumption about working for CPA firms, you are absolutely right. They do hire people our age, but it is uncommon among small boutique firms and nearly impossible among Big 4's. However, don't let that deter you from circumventing to get to your goal. You can do a lot of catch up in terms of earnings, just don't stay in jobs more than two years. Move between jobs every year and a half and try to get experience in different industries.....tech, consumer products, media, or any other. With that said, take advantage of a very aggressive and healthy job market.
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