I received an acceptance letter from the Towson/University of Baltimore joint Master of Science in Accounting and Business Advisory Services program over the weekend. I hate to say that I was worried I wouldn't be accepted, for the most part I hadn't even entertained that thought - it just wasn't a possibility, but I definitely breathed a sigh of relief when I opened up the envelope and read the word, "Congratulations." It is conditional acceptance, I think because I have an English Degree and not business, so I'll have to maintain a 3.0 or be dropped from the program altogether. I'm not worried about that though. I have a goal in mind and I'm moving forward.
I've scheduled a meeting with the program director for advising and everything seems to be moving forward very nicely. I estimate it will cost me about $5,000 a semester and my company will reimburse about $5,000 a year, so that means I will take out anywhere from $5,000 to $10,000 a year in student loans. If I take 2 classes a semester and only attend the fall and spring semesters, it will take me about 6.5 years to finish and about $30, 000 to $60,000 in student loans when all is said and done. If I take summer and winter classes, I can be finished in 4.5 years and about $30,000 to $45,000 in student loans.
I feel pretty good about this. By the time I am 35/36 I could have my masters in Accounting. The next thing to consider will be whether or not I want to seriously consider sitting for the CPA exam.
The conditional acceptance - I don't think it's what you think it means. Georgia State mandates a 3.0 GPA or you're dropped from the program as well.
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