What's better? Majoring in Accounting or Finance?

Question

Which major would allow a student to find a job easier/faster?

Thanks!

Answer 1

As far as business degrees go accounting is at the top of the list. It opens the most doors. (finance is an ok supplement but I wouldn't do it alone) Right now there is a huge demand for Accountants because of the Enron scandal. It is really easy to get a job. The accounting firms generally start hiring about a year before graduation so you'll know you have a job way in advance. you can also choose to work for the government like a city, county or the IRS, these jobs are really easy to get also. If you do an internship the summer before graduation you will pretty much be guaranteed an accounting job.

Answer 2

Ok, after reading some of the other answers, I'm not sure what school they went to where they learned that they could be an accountant while being a finance major. Most schools that have an accredited program require you to be an accounting major if you are going to be an accountant. Accounting and finance are completely different curriculums at most schools. They both have the required business classes, but after those branch off into finance and accounting. Such as intermediate accounting, advanced accounting, cost accounting, etc. Whereas finance would be more like international finance, investments, etc.

Not only that, but in order to be an accountant, you need to take the CPA exam, which is not easy. And not knowing what you need to know through taking your accounting classes, you probably will not pass it. And it is an expensive test money wise to take, so if you don't pass the first time, you will have to pay more to take it again.

If you want to sit behind a desk, crunch numbers, and keep track of a business or companys spending, as well as income, profits, and costs, be an accountant.

If you want to help people figure out there futures financially, possibly doing stock, or helping people invest their money, go into finance. Finance is an area that hires more for the person, not necessarily the major, you can be trained at how to do finance.

Accounting, is different. It is more complicated, tedious, and detailed, and it matters what grades you get in your courses. Most legit firms will not hire you if you got a 'C' out of one of your courses when they can hire someone to do the same job who got an 'A'.

I'd say that if you are still undecided in your major. Take a course in both before deciding which you like more. That way you can get a taste for what both majors will be like, and what interests you more.

Easier/faster, it all depends on where you are looking for a job. People will always need accountants, and people will always need financial advisors. I'd definately recommend getting an internship once you decide what you want to do, that way it will be easier once you graduate to get a job somewhere, because you will already have your foot in the door. Do an internship for someone you will want to work for possibly in the future too. Or, at least a company who can refer you to another company.

Answer 3

first, in case you get an MBA, in Finance or Accounting, its particularly lots an identical. Finance, (which I even have) is extra everyday in the direction of economic subject concerns and could no longer emphasise accounting, however there are quite a few accounting classes. in case you propose on getting a CPA, then you somewhat might choose the Finance MBA, so which you have touched all bases. whilst employers see you have an MBA, they might ask your emphasis, however the line between Finance and Accounting is a good one, and there is not any longer that lots distinction. by skill of how, maximum employers won't ask you GPA on your MBA considering they comprehend in case you earned it, you put in the paintings. on the subject of that maximum faculties won't difficulty an MBA until eventually you maintained a B or larger known for the time of your software. proceed your paintings and end. I did, and gained in 2005 and replaced into 40 seven on the time. stable success

Answer 4

It really depends what you want, but generically speaking I think that as a financial analyst you'd have better prospects than as an accountant. Also, the first can get a job as an accountant, but the opposite is not true.

If it doesn't make any difference in other terms, I'd go for finance...it is a broader subject, and understanding of the financial terms of the world we live in is an added bonus.

Answer 5

Accounting allows you to keep tract of activity in an after the fact mode. It includes the record keeping and reporting to management of a particular project, etc. Accordingly, there is much demand for good accountants as every company needs one. Finance, although related, generally deals with cash flow particularily and can be used for bank negotiations, loan structuring, etc. It is a little narrower field but still is in demand in today's business culture.

Answer 6

You could probably find a job easily with either major (slightly faster with accounting, maybe) but accounting jobs are really hugely boring!!! Finance is a better choice in my opinion. I think it is slightly less boring.

Answer 7

hey, i actually just discussed this with my advisor yesterday.

and here is the thing, if you are an accounting major, by the end of all the general business classes you are required to take, i will only need to take 4 extra finance class to double major in them.. they are set up, (atleast at my school) to go hand in hand.. so i would ask about that option

if you need to know more about it give me a holla

Answer 8

Think about it like this.....if you major in Finance you can be an accountant...if you major in accounting, you can't always get jobs in certain finance jobs (like traders, corporate finance)

Answer 9

90% of CEO's come from accounting.

Answer 10

im not sure. best to see a careers adviser at your school who will chat to you about what you wanna do and then advise you.