Which is a better double major: ACCOUNTING & ECONOMICS or ACCOUNTING & FINANCE or ECONOMICS & FINANCE???

Question

I'm talking in terms of

1) the easiest

2) most work opportunities

3) salary $$$

Thanks...

Answer 1

1. Accounting is the easiest, but also requires the most study time (ironically). The concepts of Finance and Economics require you to understand more theoretical topics and more complex math. Accounting will require you to do a great deal of very boring work (memorization, balance sheets, data mining, etc)

2. Accounting will give you the most stable platform for work opportunities. Economics will give you the greatest flexibility with regards to the type of work you do.

3. Finance and Economics. A degree in Economics demonstrates that you know how to reason out complex problems. A degree in Finance is frankly just more interesting and requires you to understand very complex topics. I am not knocking accounting here. At the entry level they probably make more. However, there is a ceiling, unless you go into accounting law, which is very lucrative. The bottom line is that you should do what suits you. Accounting requires you to be very detail oriented and dedicated to seeing a problem out from beginning to end. I suggest taking the Meyers-Briggs personality typing test (or something similar). If you are more of a creative/option oriented type person, you are less likely to enjoy accounting.

Answer 2

Accounting And Finance Double Major

Answer 3

The best major for work opportunities and salary is Accounting. Economics useful mainlyh on a graduate level. Economics degrees for undergrad mean nothing. Whereas undergrad is an incredibly high demand undergrad degree because there is far more general ledger style accounting jobs out there than candidates. So why do you want to double major? I would say forget undergrad Economics and instead do Economics in grad school, using your money there, if you love economics. If you prefer business than skip economics and get an accounting job and work on your CPA and go up the corporate ladder if you enjoy leading people as a manager. If you like investments, get your CFA instead of your CPA; that is hot designation and pay can be in the $300,000 range for a securities analyst and much higher for portfolio mgr. Bottom line Accounting is an outstanding degree.

Answer 4

1) Accounting is easier by far. When you start getting into 3rd year econometrics, the heart and soul of economics, you will be pulling your hair out

2) As a research scientist, if you have completed honours or masters, your ability to read and write research papers is unlimited. You will have the ability to analyse information and give advice to policy makers.

3) An economics degree can further your career and hence pay packet.

Answer 5

Accounting is very limiting - while economics is diverse and applicable to many fields. A solid econ background - including econometrics/statistical analysis will enable you to get many types of jobs.

Finance is hot right now - and depending on how "good" you are (and dedicated) the opportunity to make money is infinite. I would go w/ Eco-Fi. That's the top major at my university and we now beat out the accounting kids as far as base salary and job recruitment.

Answer 6

Wherever your personal passions and interests lie would be where the better double major is. Only you can answer that question for yourself after careful research from others like your advisors, friends, professors, and personal soul searching to figure out the balance of finances and personal likes.

Answer 7

This Site Might Help You.

RE:
Which is a better double major: ACCOUNTING & ECONOMICS or ACCOUNTING & FINANCE or ECONOMICS & FINANCE???
I'm talking in terms of

1) the easiest

2) most work opportunities

3) salary $$$

Thanks...

Answer 8

I don't know about easiest, but for the last 2 qualifications, I would think it would be Economics & Finance.

Answer 9

Information on salary and job growth are available at
http://money.cnn.com/magazines/moneymag/bestjobs/top50/index.html
What is easy depends on what you are good at and what you like. If you hate what you are doing it is hard, and if you spend your life doing something you hate you are miserable.