Am I cutting off options by deciding to do the Prep Track?

Doing the Prep Track does not limit your options within public accounting. Outside of public accounting, the Prep Track opens up addition opportunities because of your unique skill set.

If you do choose to pursue a career that begins with time spent in working for the Big 4, their training programs do not assume a high level of previous knowledge. If you are outside of Utah, a large portion of your contemporaries will only have undergraduate degrees. You will not be behind. (Others may class-specific knowledge(i.e. state and local taxation), but the firms will not expect you to have this background.)

If decide to not pursue a PhD, and want to work outside of public accounting, the quantitative background of the Prep Track will work to your advantage. Previous prep track members have gone into investment banking, consulting, internal auditing, and other areas.