Difficult time choosing my major - Finance v. Accounting?

College Majors Business Major
1

<p>Hey everyone,</p>

<p>I am in quite a dilemma as far as my college major goes. I am an incomning junior and I was once a finance major but now I am an accounting major. My future career goals are to break in to a corporate finance role a a financial analyst of some sort at a large multinational company (Fortune 500) and then transition to law school to become a corporate attorney (Mergers and Acquisitions, Restructuring, etc). From what I have heard though I hear though is that finance roles are not limited to finance majors because accounting majors can easily break into the finance industry as well.</p>

<p>My issue here is that I don't know which major will help me in the long term for opening more doors and having more opportunities. I have taken classes in both subjects and I have legitimately loved both of the subject matter. OUR SCHOOL DOESN'T LET US DOUBLE MAJOR so that is NOT an option. I am kind of iffy about accounting as well because people say its not worth it if you are not planning to pursue a CPA certification which I haven't thought over really.</p>

<p>Based on this information which major should I pick to help me reach my long term goals and ultimately have the most opportunities in! Because from what I here finance has a wide and broad range of jobs and versatility while on the other hand Accounting is essentially a guaranteed job after graduation. If it helps any I currently attend the University of Texas at Austin - McCombs School of Business!</p>

<p>Any help is greatly appreciated!</p>

2

<p>It seems to me that if you wanted to do corporate finance, you should go with finance. If you aren’t interested in CPA certification then it makes the field of accounting less appealing for your goals. Check out the thread:
<a href=“http://talk.collegeconfidential.com/business-major/511865-everything-you-wanted-know-should-know-about-accounting.html[/url]”>http://talk.collegeconfidential.com/business-major/511865-everything-you-wanted-know-should-know-about-accounting.html&lt;/a&gt;
That will give you some ideas about your future in accounting.</p>

3

<p>An accounting degrees set one up nicely for a financial analyst job. Also, since you want to get into mergers and acquisitions, going to work for a Big 4 accounting firm would serve you well since they are always part of the M & A team. And while you are at it, you might as well become a CPA as that is another credential sought in that field. And it is very common for financial analysts position to list knowledge of GAAP as a trait required and you get that from being an accounting major. The accounting degree sets you up nicely for your future career plans.</p>