Majoring in Finance

<p>What is the difference between Accounting and Finance? Is there a lot of advance math involved in Finance? If I were to graduate with a degree in FInance, would it be a good idea to work couple years before I go back to school for an MBA?</p>

<p>You couldn't ask this in your other thread?</p>

<p>Accounting is a lot of book work. It's much more reliable (easy to get a job) and you can get into finance if you want. Finance has many fields within it. There are some that demand more math. I would definitely recommend working before trying to get an MBA.</p>

<p>I heard that after the Tax season its pretty much dead for Accountants. Would it be wise to minor in either economics or accounting?</p>

<p>Major in what you want to but accounting is not dead except for tax seasons.</p>

<p>You can be working and preparing things every quarter, or monthly.</p>

<p>You do not have to stay within accounting either, their is other routes such as consulting.</p>

<p>Unless you attend Wharton, you will have MUCH better opportunites ( assuming roughly same GPA) in accounting than you would with finance. Don't take my opinion, do some research on accounting jobs. Also, as noted above, many jobs are availablet to accountant outside of traditional accouting.</p>

<p>Accounting has always been considered the "Marine Corp" of the business schools. It is usually the most demanding and hardest major and employers know this.</p>

<p>After tax season ("busy season") it's not like you just sit around doing nothing, but the hours go back to more of the 9-5/6.</p>

<p>And it depends if you're in public or industry, too. Public accounting will usually always require more hours, whereas in industry you'll probably work more of a set schedule.</p>

<p>Completely agree with taxguy, though. With an accounting degree, you'll have many more opportunities coming out of undergrad, unless you're going to Wharton or a similar caliber school known for finance.</p>

<p>But, again like taxguy noted, if it's easier for you to get a 3.4-3.5+ in finance, and you think you'll get a less than a 3.0 in accounting, it might be smarter to get a finance degree. A lot of accounting firms have cut-offs with GPA - and accounting is a pretty tough major. </p>

<p>GPA, in my opinion, is almost always important when it comes to accounting jobs, but the school you received your accounting degree won't matter as much as it would for finance.</p>