<p>I'm a student at a state school looking to get into corporate finance with eventual goals of getting into corporate development, budgeting/forecasting, etc. I've heard that at the entry level, most of those "corporate finance" jobs are basically "corporate accounting" jobs and majoring in accounting > finance in that sense. Is that true? I would have thought that a lot of the skills you learn in finance, such as CAPM, DCF analysis, etc. would be important as well, but what do you guys think?</p>
<p>Accounting is more useful, especially at the lower levels of Corp Finance. You typically won’t be valuing (DCF, etc) any strategic initiatives/projects untils you rack up many years of exp under your belt.</p>
<p>I don’t necessarily want to be an accountant for the rest of my life; actually I don’t at all. With that said, as a finance student, I feel like the more accounting that I take, the better, because as so many others have said, accounting is absolutely crucial to understanding how a business runs. </p>
<p>I don’t know that I want to do it, but I have talked to some companies this fall and pretty much everyone says you cannot go wrong with a masters of accounting.</p>
<p>Adding to the poster above, ironically, the Big 4 don’t require a Master’s in accounting, and most of the people only get it so they have the number of hours required to sit for the CPA.</p>
<p>^^Yep. It was cheaper and faster for me to get a double major in MIS and Accounting and they had no problem. I took the two becker review classes from the MAcc at my school and a second major in MIS. All they cared about was the fact that I had finished the exams.</p>