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What are the benefits of going to graduate school?

Accounting student at Towson university #accounting

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Ryan’s Answer

I think it depends a lot on what you're studying. For some fields (e.g. Engineering) the benefit of grad school is largely the subject matter expertise you'd get. In other fields (e.g. an MBA) the benefits are more around the network of people you meet in grad school itself. And of course in all fields a benefit can be the "validation" you'll receive by having a graduate degree from a top tier school.


However I think you should ask this question in the context of what you plan to do after grad school. It may very well be that going into your career straight away, rather than going to grad school first, will be a better way to get the experience you want. For example, if you want to do startups (tech or otherwise), joining a good startup is probably better than getting an MBA!
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Joseph’s Answer

If your goal is obtaining your CPA, going to graduate school will provide you with a great opportunity to reach the 150 credit hours needed to take the CPA. But, much more than just getting enough hours to sit for the CPA, going to graduate school will allow you to explore deeper into a subject that interests you. Building a better network is also a great benefit of going to graduate school.
Thank you comment icon Your answer is great Joseph, thanks so much for sharing your expertise! At this moment there are more than 800 unanswered questions so I wanted to encourage you to keep going! So many students will benefit tremendously from hearing from you. Keep up the great work! Jordan Rivera, Admin COACH
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Shelby’s Answer

It looks like accounting is your focus - in my experience, grad school helps to prepare you for passing the CPA exam. Also, most states require 150 credit hours or a certain number of credits within a focus area (that most grad programs tailor to) in order to obtain your CPA license. There are other options that may prepare you for the CPA exam or meet the requirements as well (e.g. 150 credit hours obtained through double major or otherwise, CPA prep classes) so I'd start by identifying your end goal and work back from there, taking into account any potential constraints or alternatives.
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Colin’s Answer

The above answers are spot and I coulnd't agree more. One thing that hasn't been mentioned yet is the opportunity grad school gives to make a career change if you are unhappy with your current career trajectory. If you start your career in accounting and decide it isn't for you, grad school gives you the ability to learn new skills to add to your accounting background and apply that combined skill set to a different role or a new industry altogether.
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