Double Major in Accounting/Finance

<p>Hello, I am a junior at CSU Chico in California. I am considering double majoring in accounting and finance. The other option would be to simply get the finance major, graduate a semester earlier, and spend a little less money on tuition. I seek advice on what to do, please respond considering the following expectations. </p>

<p>I would like to be in corporate finance, not stock brokerage, not an audit/tax firm, I imagine myself working in management accounting, financial analysis, and strategic corporate financial planning. I also do have an eye out for top management positions.</p>

<p>I am not opposed to getting a CPA if I do the accounting degree. I plan on getting an MBA no matter the degree as well. You should also know that I did fairly well in the financial and management accounting classes so I am confident higher division accounting classes will be ok for me.</p>

<p>So if you have an opinion given my career goals I would love to hear it! Thank you very much for taking the time.</p>

<p>I think a double major would be good, especially for the bargain you have there at Chico. The extra tuition is what, 2k+ for the extra semester, and if it’s really only one extra semester, it’s fine.</p>

<p>If this is for a minor though, forget it.</p>

<p>Yeah tuition is about 3.5k but its still not much, but you need to calculate in the money I wouldnt be earning in a full time job too. And yes this would be an additional major, not a minor. </p>

<p>Thanks for the input!</p>

<p>You can either double major and get a MBA, or get bachelors in accounting, then a MBA in finance because a MBA in accounting is worthless. (you could also take the CPA, for with these credentials, you would be priceless). </p>

<p>Just look at this option and tell me what you think:</p>

<p>Bachelors in accounting, MBA in finance, CPA or CFA, or both :)</p>

<p>I think that nowadays, the professional certifications are valued more than graduate degrees, so it would be better for you to get one of these certifications, or both of them. Yet, a MBA in finance is very prestigious.</p>

<p>From someone that finished with a finance degree and now working in accounting, I would advice to look into the requirements in your state to sit for the CPA exam. I wanted to go in the career direction as yourself and ended up in accounting. Unfortunetly I do not have the accounting courses to sit for the exam. </p>

<p>You can work in finance or accounting with either degree, but to advance in accounting you need the CPA.</p>

<p>I meant to finish saying, for the price you should double major and have both bases covered. If you get your dream job in finance, great, if not you have the accounting to fall back on.</p>

<p>It’s much easier to get a job in accounting than finance these days. Great finance positions are going to ivy league, great GPA.</p>

<p>Do you have a job lined up already?</p>

<p>nycbriguy,</p>

<p>Which accounting classes did you take?</p>

<p>I’ve only taken Principles of Accounting I & II, which were required for the Finance degree. My other courses were in Foundations in Finance, Corporate Finance, Investments, Public Finance, Money & Banking and International Banking & Finance.</p>

<p>I would like to add the accounting courses in order to be eligible to sit for the CPA exam, but do not want to break the bank to do so. I should call the NYCPA and my University to discuss if I could take more classes even though I graduated and complete a double major undergrad and meet the 150 credits, with 33 in accounting, or if it would be more affordable to complete a masters in accounting (although I believe I would have to take undergrad prerequisites as well) or just simply go for the CMA instead.</p>

<p>Any insight on the CMA, as I have worked as a Staff Accountant for three years at a Fortune 500 company, now currently working at a private corporation as a Financial Analyst within the Financial Reporting department. </p>

<p>My current undergrad is eligible for the CMA, but not being a manager if I pass the exam I would need to find a job in management and work the position for two years all within seven years of passing the exam.</p>

<p>yeah I’m still having trouble deciding so…</p>

<p>-bump</p>

<p>any further input would be much appreciated.</p>

<p>CPA or CFA + MBA would be a POWERFUL combo for anything in corporate finance. If you can manage it, do it. It’ll benefit you a lot. CPA might be slightly more relevant, but CFA is legit too. I think MBA in finance from a decent T20 school + CPA will get you really good jobs in that sector</p>