<p>I'm currently a business administration major that would like to major in Accounting. I am in Financial Accounting right now and thought that I was doing pretty well with the subject. On my first midterm, I received a 90 while more than half the class had failed. I was feeling good about my chances of making it in Accounting but then I took my second midterm today. My professor said it would be just like the quizzes we had taken throughout the semester but it totally was not. I believe I indeed failed it as well as the other people in the class. I do not feel confident about my chances of making it. I still have a final in that class to take but from what I have seen on ratemyprofessors.com with this professor, it's damn near impossible to pass. She does drop the lowest exam grade however but we'll see if that helps.</p>
<p>I really tried my hardest to learn this material for this most recent exam but it proved to be not enough. I don't know how else to study for the subject besides reading notes and looking over problems. The material we learned that I had difficulty with were the entries for bond amortization, accounts receivable, and stockholder's equity. She worded the problems completely different than she ever has and it completely threw me off. I knew how to write most of that material but the way it was worded and put together really confused me.</p>
<p>Alright so to get to my point, am I just overreacting here or am I not cut out for Accounting? I'm taking Managerial Accounting next semester so I guess I will really see then whether it's the major for me. I really want to succeed in this major but I don't know if the test was just made too difficult from what we learned in class or if it's something up with me. I currently have a 3.45 GPA overall as a sophomore in his first semester at William Paterson University in Wayne, New Jersey. I just heard you need to be almost perfect to get an opportunity with the Big 4 accounting firms and that would be a dream job for me so I'm really striving to make that. I'm just a little freaked out by this most recent test and it has me shook, to be honest.</p>
<p>Too early! This is just intro Financial Accounting, right?</p>
<p>Practice makes it perfect. Try doing book problems - all of them. Again and again. At your first try, you probably won’t get a lot of them right. It’s okay though. Forget about it and later return to those problems with which you struggled. Repeat until you can do everything perfectly (and explain all hows and whys, of course). </p>
<p>If you want to stay in Accounting, doing the “required” part won’t be enough. You have to do all the extra/additional/optional stuff. (I studied well all this and did very well on my final exam. Those who did the required part only most likely struggled).</p>
<p>Together with your classmates, try to ask your teacher to give you some practice problems. </p>
<p>As it’s been mentioned on this forum, Accounting is a very time-consuming and intensive major. It’s also a weed-out major.</p>
<p>I’m just a little scared. Yeah it is an introductory course but still, I was not expecting to fail an exam like this. I have never failed a college exam yet so this is a new experience for me. I will do what you guys have suggested for this next final in hopes of ending this class this semester on a good note. Thanks again!</p>
<p>like dawgie said, you need to know the material inside and out.</p>
<p>accounting is challenging, but its not impossible. you just need to study smarter. </p>
<p>nail these intro financial accounting concepts down, because in intermediate financial accounting you’ll explore and expand upon every little minute detail to a very thorough extent. </p>
<p>That being said, if you do start studying better and are honestly doing your hardest, and still cant do at least a mid to high B in intro financial, you may want to explore other avenues.</p>