<p>Is it worth grabbing a financing degree as well as my primary in accounting? Some are telling me its worth it and some are telling me you don't need it.</p>
<p>I’ve asked this question previously and have been told it is redundant since the two subjects are very similar. I was also told that accountants can get jobs in finance without having to double major in finance, but finance majors can’t be accountants. Take that for what it is worth.</p>
<p>The way I dealt with the whole accounting vs. finance ordeal was I did a whole lot of research on the type of job I actually wanted (financial analyst vs. IT auditor for example) and chose which majors best fit the job I wanted the most. A double major in MIS and Accounting allows me to become an ideal candidate for IT auditing (something I would like to do) and also allows me to sit for the CPA after graduation. This major combination is the “right” pick for my future career goals.</p>
<p>Good luck on finding out what is right for you.</p>
<p>Thanks for your info Mono. Still looking for more.</p>
<p>I agree with Mono. It’s easy to go from a career in public accounting to corporate finance, but almost impossible to go the other way around. However, it’s almost impossible to start a career in banking without majoring in finance and starting in an entry level banking job.</p>
<p>I understand but wouldn’t finance be an advantage for accountants?</p>
<p>I have this same question. Is doubling or minoring in accounting a good idea for business/finance majors?</p>
<p>Accounting firms like finance experience to some extent. It shows that you’re sharp and analytical.</p>
<p>Your work experience, GPA and the institution you attend tend to matter more than your EXACT major though. At a certain point, you’re close enough.</p>
<p>Thanks and still looking for more insight!</p>
<p>If you are willing to take the extra courses, and spend the extra time and money, then there’s no one to ask but yourself. Are you willing to make those personal sacrifices? And if you do, will it put you on the path to the career you want to work in?</p>
<p>Its not about the extra courses and price. I’m just wondering if its extremely beneficial or it wouldn’t matter. of course the extra knowledge is an advantage but if its not needed, I’d like to not focus on it.</p>
<p>Flash,</p>
<p>You pretty much answered your own question. You didn’t really answer mine though. Since double majoring gives you an advantage, is that going to put you on your career path? Whether it’s extremely beneficial or not depends on how you apply your knowledge. For example, you said your primary (and I assume original) major is accounting. Let’s go with the next assumption that you were going to seek a job with the Big 4, primarily auditing. I don’t think majoring (the actual full declaration of another major in Finance) will help you that much. However, if you are changing your mind about your career, such as one that is more toward the finance field, then double majoring will benefit you.</p>
<p>This is just my opinion. I’m a student just like you, and if anyone that is working believes differently, I’m all ears.</p>
<p>If you like the material in both, then yes. My son is in a similar situation. He is trying to decide if he will double major in accounting/finance. Right now his major is finance and he will determine by end of year if he wants to continue for accounting degree. The issue is that his school is #2 in country for accounting, so he probably will get it as back up.</p>
<p>Good luck! Talk to recruiters when they visit their opinions.</p>