<p>I know that I want to major in business, but I'm not sure what specific category of business. Which one has the most job opportunities?</p>
<p>econ, its the most fluid</p>
<p>I’m going to go with accounting; a lot of jobs that require finance or econ degrees will also accept accounting degrees, but not the other way around.</p>
<p>Accounting.</p>
<p>Accounting. Maxellis has it exactly right, you need a CPA for a lot of good jobs, and you simply can not get one with an economics or finance degree. However, most jobs economics and finance majors get are also available to accounting majors.</p>
<p>liore123 notes that economics is the most fluid, and I understand what he/she is saying, but fluidity simply does not bring in job offers as well as something tangible and practical like a CPA.</p>
<p>Economics majors have a higher average starting salary simply because it is the “business” degree at a lot of top schools like HYPS where there is no business school. Accounting has the lowest starting salary of the three, but that’s often because public accounting jobs (what many accounting majors choose to do) are not known for high pay, but rather as a learning experience as well as a gateway to much better jobs.</p>
<p>Where does finance fit in this?</p>
<p>So accounting has the most job opportunities, but economics has the highest average starting salary?</p>
<ol>
<li>Is finance the least beneficial of the three to major in?</li>
<li>So what’s better - more job opportunities or having a higher salary out of a 4 year university?</li>
</ol>
<p>Econ’s starting salary is skewed because of Ivy league schools that don’t offer business as a degree. Unless you go to HPYS (or similar schools), the starting salary for econ will be about the same as accounting and finance.</p>
<p>Yo Maxellis! Kelley represent! (I’m gonna be a freshman this fall)</p>
<p>Would you have more job opportunities if you majored in BOTH Accounting and Finance?</p>
<p>There might be a couple more doors open, but a bigger advatnage is that double majoring will give you an edge compared to other people who will be competeing for the same jobs you are. </p>
<p>Also, as a Kelley student who is thinking about doubling in Finance and Accounting you should consider getting an Economics minor. You are required to take 3 econ classes as a business student, and to earn an econ minor you only need to take 2 more econ classes (one of which can count towards the Finance major). Accounting, Finance, and Economics is a great combination to have for most business jobs.</p>
<p>Maxellis says “double majoring will give you an edge compared to other people who will be competing for the same jobs you are”</p>
<p>No, it will not give you an edge. If you are going into Accounting, firms only care that you have an accounting degree.</p>
<p>Sp1212: How would a double major not be helpful at all? Perhaps a double major with finance might seem superfluous, but I don’t see how a double major or even a minor in something that complements accounting, such as statisics, economics, MIS/CS, etc could hurt. If I were an employer, I’d take someone with a double major I something like that over just an accounting major. It shows they have a broader skillset and could possibly be better workers. The key is, the double major shouldn’t take away from ECs or GPA. As long as that’s fine, I don’t see how it could hurt or not be a plus at all</p>
<p>He said “finance and accounting”
I should have been more clearer in my post because I was specifically addressing a finance and accounting double major. Other majors/minors can be good with Accounting as well, such as information systems or economics.</p>
<p>Yes, but if you’re going into finance, that added accounting degree will look good.</p>
<p>lol well most of the accounting majors I know want to get into accounting and NOT finance. So I am not sure about that. But I heard an accounting degree is just as good for a finance job as a finance degree.</p>
<p>The question is: do you want to be an accountant? People are hired for finance jobs from all sorts of majors. Most of the schools investment banks hire from–and they have many of the most sought after finance jobs-- do not offer finance majors or accounting majors for that matter. </p>
<p>So consider what career you really want.</p>
<p>Investment banking is not the only career in finance.</p>
<p>It honestly boggles my mind whenever I see hmom5 posting that same IB thing over and over again.<br>
You would think that an Ibanker would know and encourage students of average schools to look into other finance careers/opportunities besides just IB.</p>
<p>I actually hired an analyst this year from a (shhhhh!) non flagship state school. He had unusual talent and had offers from at least 3 major banks.</p>
<p>Your school probably has data on who makes more and what percentage has job offers. At my school accountants get more jobs and get paid a few thousand dollars more. </p>
<p>The cost of double majoring in anything is the extra expense of more school(if you need more semesters to actually finish both majors) and the loss of potential experience and earnings compared to your peers(opportunity cost). When I was an Econ Major at UIUC, I am pretty sure I could have double majored in Econ and History because my econ degree requirements gave me lots of leeway. If you go some place where AP/CLEP/whatever and whatnot gets you out of requirements but doesn’t give you hours to your 120…then you in particular can probably cram in a double major. </p>
<p>As an accounting major elsewhere, my BBA degree plan doesn’t leave me space for about anything. I think I have 9 hours of advanced business electives. You can wave 6 of those if you do a minor in something(but any minor will require more than 6 extra hours of work). Double majoring would absolutely require me to take another semester or two. If your position is similar to mine, I think you are probably better off skipping the double major and getting a semester of graduate work or half a year of actual work in your field. If you are in the position I used to be, where once your core requirements and major is done you still have 20+ hours of <em>ANYTHING</em> before you can graduate, then it might make sense to double major rather than just fill up your transcript with random classes.</p>