Defending student loans and the American education system.

Quote from krazykarl:

Your credit report can affect employment. Many employers do credit checks.

Probably, but in Accounting/Finance they are more concern about you knowing what a cash flow report is.
 
Quote from Random.Capital:

If you can't pay for the costs, the benefits are irrelevant.

I re-iterate my position - *I* would not hire you.

In all sincerity -- best of luck, hope it works out for you.

I doubt you could afford me. But I would teach you both ECO 101 and ACC 101 for free.
 
Quote from jueco2005:

That's is possible, trust me. I know people like your friend, but I know even more people who dont have a degree and try to make a loser of guys like me.

Thank you for your advices. I am doing the credits to sit for the CPA. In the long run I will have two masters degree plus the CPA license. That would make me a HUGE asset to be a CFO.

One more time thank you.
You're wasting your time and money pursuing a second masters degree. Funny that an econ major with an MBA doesn't realize this. Just pick up the accounting credits. Accounting firms, even the Big 4, couldn't care less about your degree(s). The CPA is more important.
 
Quote from aegis:

You're wasting your time and money pursuing a second masters degree. Funny that an econ major with an MBA doesn't realize this. Just pick up the accounting credits. Accounting firms, even the Big 4, couldn't care less about your degree(s). The CPA is more important.

During the next 12 months I will complete a 21 upper level accounting credits at FIU(http://business.fiu.edu/chapman/cfaa/index.cfm). After that I will just need 15 more upper level accounting credits. However, FIU masters in Accounting (the only way to get more credits after the graduate certificate) is an accelerated 30 credit 10 month program. Now I ask you.

Despite completing the necessary 36 credit to be a CPA, does it make sense to leave school just 4 or 5 months before earning a master in accounting from one of the best business and accounting universities on earth??

5 months is nothing to me man. I will complete it.
 
I am just a Financial Analyst without any seniority. Do not have local education make over 80K.
My guess is that you are in real estate mortgage business, anytime I see someone with Senior, Lead or even VP in finance most of them from failed companies.
If you are smart move to another state.
And in California you only need 24 units of accounting to seat for CPA exam, by the way I am a CPA.
 
Why is it so hard for those who are employed to figure out that if you don't have a job your chances of finding one are next to nothing in the current job market. I have a Master's Degree in Computational Finance and if I were looking for a job right now I'd be shit out of luck. Thankfully I have my own business to fall back on. I know a shit load of highly educated people who don't have a pot to piss in. Good luck to the OP. I don't think getting more education and acquiring more debt is going to solve your problems but I guess you have to try something.

Quote from misterno:

You have an MBA and you can not find a job paying more than $50K???

What is wrong with this picture? You either don't have a green card or something is wrong with your resume.

Which city do you live in? Hope, you are not making $40K in NY.
 
Quote from Son of a Gann:

I am just a Financial Analyst without any seniority. Do not have local education make over 80K.
My guess is that you are in real estate mortgage business, anytime I see someone with Senior, Lead or even VP in finance most of them from failed companies.
If you are smart move to another state.
And in California you only need 24 units of accounting to seat for CPA exam, by the way I am a CPA.

That's nice, I am happy for you. Unfortunately I can't move out of florida. I work for a concrete company, were virtually selling nothing for nothing. Its very depression down here in miami but I know better times lie ahead. I am merely adding to my belt while helping my cash flow.

Thank you.
 
Quote from the1:

Why is it so hard for those who are employed to figure out that if you don't have a job your chances of finding one are next to nothing in the current job market. I have a Master's Degree in Computational Finance and if I were looking for a job right now I'd be shit out of luck. Thankfully I have my own business to fall back on. I know a shit load of highly educated people who don't have a pot to piss in. Good luck to the OP. I don't think getting more education and acquiring more debt is going to solve your problems but I guess you have to try something.

Getting more education for me has a name a MSA. It will help me in the future by acquiring the CPA and making me a good CFO candidate. At the present time it helps me with the much needed cash flow by deferring student loan payments.
 
Im doing an MBA in Miami and its a shithole for jobs. Its all service industry and ex-real estaters, who are all accustomed to making dick right now, crowding the market and there isnt as much MBA-esque work in this town as you would think. I was lucky/prescient enough to have started my transition away from RE before the fallout and figure out where I wanted to be early, but still had to scrap and harass the entire school year to get my summer gig, as did anyone else who got a decent job and some that didnt get anything.

The girls here are stunning though. Dumb as rocks and shallow as the kiddie pool, but good lord we have a few things going for us..

That said, if you manage to make good money in this town I can imagine it would be your oyster, but good luck. Hopefully Ill let you know next May...
 
Well, I guess you're kind of "tied" to your job/paycheck then to make something while you head back...and was also looking.

I would almost get myself fired/quit or something, then collect unemployment...at least THAT would not only give you the money that was made (or maybe more?), but can:

1. Help defer student loans (depending on where you got them from).

2. Free up a TON of time not only to study (even going back to school still), but also look for something better, period...whether there or in a completely different area.

Hope it works out...again, just because you're getting something from the "best school" around still doesn't guarantee jack. But I would utilize the contacts there and start looking in new areas. Make it as a chance to start anew elsewhere.
 
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