Master of Accountancy, Master of Economics, or MBA?

Question

I want a career, All of these interest me, just wondering what you thought about these position concerning Salary, Enjoyment, and Position Demand

Answer 1

MBA is more of a corporate degree.  People who want to go far inside their corporation tend to need MBAs if they are going to be taken seriously (not to imply that other Masters' degrees aren't valuable, but MBAs just tend to get more visibility).  However, MBAs are a dime a dozen, so if you aren't planning on going to a "name-brand" school, consider your options a little further.

MA Econ is more of an academic degree.  If you want to go down this route, get a Ph.D., it is worth a lot more and will open WAY more doors for you than just an MA Econ.  I know this from experience!

Master of Accountancy is sort of an in between one.  It can open corporate doors for you but chances are you will be a behind-the scenes kind of person for a good while.  So again, if you want to go corporate and move up quickly, stick with the MBA.  

As far as salary, enjoyment and demand... it really depends on what you are trying to do with your life.  Salary may not be as great as you think starting out with any degree (unless you go to a top-notch school) but over the course of your lifetime they all pretty much even out.  Same for enjoyment, it really depends on your personality.  

As far as demand: MBAs are in high demand as corporations are struggling with how to deal with the global economy.  Econ majors are more rare, so you might have to explain exactly what you studied on a regular basis (get a Ph.D. and you will find many more opportunities... and higher starting salaries).  Accountants are more run-of-the-mill but are becoming more and more necessary as the MBAs usually don't know squat about managing money.