Learn about American Master of Accounting and Finance from the side.

The following is an article I reprinted from the CD-ROM forum, which analyzes the related problems of American accounting and finance major. Of course, the author's views may be a little extreme, and many other places are not very appropriate, but I still think this article reflects some problems of American accounting and financial masters from the side. I hope it will help everyone. Don't go to America to study accounting.

I have been diving in new york for many years, and I can't help but come out and say, don't go to the United States to study accounting.

Seeing that too many accounting students in China can't find jobs, universities are no better. And the accounting system in the United States is different from that in other countries. A few days ago, I heard an American student ask why so many foreign students came to the United States to study accounting. Unless they want to stay in America, the system is different. Moreover, accounting work in America is not easy to find. I have two American friends, both of whom are white people from new york, USA. They are 30 years old. They are born excellent undergraduate accountants, with four years' experience. They were all fired last year. They have been looking for jobs for a long time. Another accountant, Xiao Bai, is very lucky. He has a good father who works in his father's company, but his salary is not high.

Business students from China do not have a green card. Please study other majors. There are many business majors. I suggest you don't study accounting. It's no use reading it. A few days ago, one was at Ernst &; The American who works for Young told me that it is difficult to find a job because there are many accountants outside. Another friend of my fiance came to our house to play tennis yesterday. When chatting, he said that only one assistant was needed, and it was 8 yuan an hour. There are more than 200 emails in a week. And many of them are masters and MBA students. I can't believe there are people in the midwest who say they are willing to move back home if they have this job. The friend shook his head at my fiance: How do they pay for new york's living expenses? Because of the relationship between the school and my fiance, the circles around me are all local white Americans. I look at job hunting from their point of view. My fiancee is ready to support me for life. A word of advice, really don't study accounting.

Don't go to America to study finance.

A lot of people in the ChaseDream Forum go to the American Master of Finance. I wrote this article to advise you not to go if you don't have much money. Many friends in the forum think too much about the future. Imagination can't replace reality after all, and reality is often cruel.

Let's talk about some truths about the American Master of Finance based on our own and friends' experiences:

1. To put it bluntly, the American Master of Finance program is a program that mainly deceives international students. Many American master of finance programs are mainly students from Asia, Africa and Latin America, especially from the United States and India. In some projects, people from China can account for more than 80%, just like teaching abroad at home.

2. Although there are many courses in the American Master of Finance program, they are all theoretical and of little practical use. In addition, undergraduate, doctoral and MBA programs in the United States are the focus, and schools and teachers do not attach importance to the master of finance at all. Sometimes many courses are attended by undergraduate, doctoral and MBA, and the master of finance is like a grocery store, which is not very formal.

3. American master of finance has a short time, limited knowledge and limited improvement in English. Some students have been in class for half a year and still can't understand what the teacher said in class.

4. There are only doctors in the financial postgraduate programs of famous American universities, and almost all universities offering master's degrees in finance are second-and third-rate universities in the United States. In fact, the facilities and academic level of some universities are not as good as those of famous domestic universities. It is absolutely self-destructive for students from famous domestic schools to go to bad schools in the United States. They are plated with copper instead of gold. In today's era when offer from other Ivy League universities in the United States are flying all over the sky, you are ashamed to tell others when they ask you where you graduated after you return home.

5. The admission standard of American Master of Finance is generally not high. Some schools can pay for a master's degree in finance. The level of students studying for master of finance in China is uneven, and there are all kinds of rotten people. Some of them still went to universities that China had never heard of. Of course, there are many cows.

6. Except new york, other parts of the United States are quite desolate, and many schools are located worse than the towns and villages in China.

7. Racial discrimination is everywhere in the United States, from classmates and teachers, cleaners and car drivers to local residents and immigrants from other countries. It is common for foreigners to insult, despise and laugh at China people. Of course, there are some foreign friends who are friendly to China people.

8. Almost 90% of China people studying for a master's degree in finance can't find formal jobs in the United States, while the remaining 10% of China people who have found formal jobs are still engaged in jobs unrelated to finance, and the vast majority of China people still return to China for employment.

9. At present, the domestic market is very unfavorable to returnees. First of all, in terms of treatment, many returnees are basically treated as domestic masters. The average monthly salary of an American master of finance with no work experience in Beijing and Shanghai is about 5,000 yuan. Of course, it is not excluded that there are high ones, and there are very few with a monthly salary of more than 8,000. Compared with the investment of 700,000 to 800,000 from the American Master of Finance, the return is quite worthless. There is no employer in China, because you came back from the United States. If you spend more money to study for a master's degree, people will give you a high salary.

10. There are almost no jobs in China that can only be done by returnees. If there is, it is not that the American master of finance has less work experience. Therefore, there is no preferential treatment for American masters of finance to return to China for employment, and they participate in round-by-round interviews like domestic graduates. It is not uncommon for Harvard's master to go to the Big Four, and Princeton's master to go to the current bank.

1 1. Many American masters of finance have high expectations before returning to China. In fact, many American masters of finance are not as good as those of famous domestic schools. Many people don't believe it. This is the case. Let's talk briefly about the reasons. First of all, many American masters in finance are second-and third-rate schools in the United States. Many HR in China think that your level is definitely not as high as that of domestic famous teachers. First, the school's popularity is too poor, and second, the study time is short. What diploma workshops and parallel diplomas have emerged? You have to explain the situation of foreign majors and schools with a red face. The students of Tsinghua Peking University have no such problem at all. Secondly, there are fewer employment channels after finishing a master's degree in finance in the United States. Coming back to find a job mainly depends on online application and social job fairs. Online application is very unreliable. Many online applications are advertising and don't recruit people at all. What's even more funny is that many online applications are automatically filtered by schools, not domestic schools with 2 1 1, and even Harvard and Yale. Not to mention social recruitment, garbage units account for the majority. The main channels of domestic employment-campus recruitment and school recommendation, returnees have no chance at all. Thirdly, because there are many rubbish students among students going abroad, the turnover rate of returnees is high, and the overall reputation of returnees is not good, many units prefer domestic graduate students to overseas master's degrees in finance. Many domestic institutions recruit fresh graduates, some have CET-6 certificates, some have student cadres, some have party member, and many American masters in finance are excluded. In addition, domestic written interviews often examine domestic financial policies and regulations. The financial knowledge you learned in the United States is completely useless, and it is common for you to be excluded from undergraduate and master students in famous domestic universities. In addition, the domestic employment environment is deteriorating year by year, and some American masters in finance are not as good as those who go abroad after graduating from undergraduate courses.

12. The domestic working environment is also unfavorable for the American Master of Finance. If you have a bunch of people who have never been abroad, they will be excluded, laughed at and attacked. These people deliberately emphasize a person who is in America all day. The implication is that people who come back from America are no different from them. The master of a famous domestic school also looks down on a master of finance who goes to a second-rate or third-rate school in the United States and cynically says that he is a diploma workshop. After all, the number of masters of finance in the United States is relatively small, and there is no alumni network of masters of famous universities in China. It is difficult to ask brothers and sisters for help and support, and some people feel lonely.