getting accounting degree

[unique]

I have an opportunity to get Master's in accounting is there any advantage in terms of salary or employment?

[Maine-iac]

As an actuary? Not much. As an accountant, sure.

[unique]

i saw someone posted that he know s/o getting his CPA while getting his ASA if there is no upside why would someone do it.

[Maine-iac]

There could be a very specific position in financial reporting that the person is interested in within his firm that he feels would benefit from both. (e.g. There are a few actuarial positions in Big X accounting firms. I can't remember what number X is anymore. It keeps shrinking. A CPA might be helpful if you worked at one of them and wanted to make partner someday.).

Or he could be looking to be an accountant, but wants the ASA as a fall back or vice versa.

[tommie frazier]

some advantage, in the right job. not universal, and no way to say it is definitely a plus.

[Anonymouse]

I know some CPA/FSAs. There's probably more benefit in doing something else. MBA etc.

[Bud Fox]

Originally Posted by Maine-iac

As an actuary? Not much. As an accountant, sure.

No, there is no benefit for an accountant. All the accounting industry is interested in is if you qualify for a CPA. Each state has different requirements but I am not aware of any that require a Masters in Accountancy. The requirement is usually X number of hours. Many colleges only offer the additional hours to enrolled Masters students in order to make $.

As far as more $ for accountants CPA is king. After that it is all experience: Big 4, SEC reporting, statutory reporting, etc.