We think that an MBA can absolutely be worth it for accountants. Despite being a business-focused degree, an MBA can be built to specialize in the area of accounting, making it easier to incorporate your career goals into an MBA program.
At DeVry University’s Keller Graduate School of Management, we offer an MBA with a Specialization in Accounting, which means that you'll have the opportunity to take additional accounting courses that can help you work to improve your understanding of the field while you’re earning your MBA, which, in some cases, may actually be more helpful to your career goals than a standard accounting degree.
An MBA can be useful for accounting professionals in two particular ways. First, the versatility of an MBA with an Accounting Specialization may allow you to consider other career pathways that might not be available to those with just a Master's in Accounting, despite the degrees being at the same academic level. Secondly, an MBA may help you satisfy the work requirements needed to prepare to take the CPA Exam or pursue another professional certification1.
In this article, we'll discuss the pros and cons of an MBA, and explore a few different options for accountants who wish to bolster their resume by earning another academic credential as you read through the following sections: