The Official "Business Economics + Accounting Minor" Thread

<p>from my experience (having taken mgmt 1a, 1b, 120a vs Econ 1, 2, 11, 101), econ is so much easier than accounting. Econ is basically applied calculus & statistics while accounting is arithmatic with billions of rules & methods to memorize and apply.</p>

<p>In my opinion, accounting is more enjoyable because I can actually see where it may be used. Economics feels that it can't be used anywhere. Once you take a class with Galles, you really feel how useless economics is. In terms of difficulty, I would say economics is harder due to the horrible teachers I have had. </p>

<p>I would minor in accounting. It opens up the world of accounting if that's something you are interested in.</p>

<p>I'm doing some calculating and am really confused on how many additional courses one has to take to minor in accounting along with biz-econ major?
Is it 3 or...7?</p>

<p>3.......................</p>

<p>How about if you are just regular econ? how many more classes to fulfill accting minor?</p>

<p>9 Classes. </p>

<p>The regular Econ major has no management courses.</p>

<p>How doable is doing engineering while doing an accounting minor?</p>

<p>I would only consider doing an accounting minor if you have the intent of going into an accounting field. It's pretty big misconception that you HAVE to have an accounting minor. Most firms just want you to be on your way to completing the CPA requirements (which is basically the minor).</p>

<p>ugh, word. i've had horrible experiences with professors in the econ department. i've enjoyed my accounting classes far more.</p>

<p>yomino, if you are regular econ, you can use two accounting classes to apply towards the econ major. so it'll be like five more to complete the accounting minor.</p>

<p>Couple questions:</p>

<p>1) Is the accounting minor the only thing that helps you prepare for the CPA exam not the biz econ major? </p>

<p>2) Does econ seem more useless as you learn more? I heard advanced economics boggles your mind. </p>

<p>3) Do you think just basic/intermediate level econ is enough to understand how economics really works?</p>

<p>1) The Biz Econ major prepares you for it in a sense because it requires that you take 4 accounting courses. But the accounting minor requires you to take the same 4 and an additional 3. Finishing the accounting minor makes you able to take the CPA exam. Doing the biz econ major alone is not enough.</p>

<p>2) To me it does. I loathe economics and it does not seem like I could use it at all. </p>

<p>3) Possibly. When you have teachers like Galles, you don't really feel like you could say anything about the economy. He basically tells you that you can't apply economics to the real world.</p>

<p>Wow...as a prospective econ major, your #2 answer scares me...</p>

<p>I've only taken high school econ and it was pretty interesting...but do you think I'll begin to hate my major as I begin upper div classes?</p>

<p>This is what I tell a lot of people. You take Econ 1 and Econ 2 and it feels like such a great major. It feels like you can explain how the economy works so easily. Once you take upper division economics courses, you see how restricted the information is and how it can't really be applied to the real world. </p>

<p>I also tell people that this is just MY personal take on the major. You may like it, but I certainly don't. I'm just so deep into the major that I can't change. </p>

<p>The only way to see if you'll hate it is to continue on the path of economics. </p>

<p>Try to do biz econ if you are really afraid. That way you can take SOME economics and have exposure to business related subjects as well as accounting.</p>

<p>I'm a prospective freshman who is praying to get in :)...
Anyway, assuming/hoping I get a mixture of 4's and 5's on my AP tests in Macro and micro econ./stat/calc AB, what classes could I test out of?
What would be my potential courseload as a freshman?</p>

<p>Like econ, multivar calc, mangmt, and a fiat lux?</p>

<p>I'm a transfer student, so I can't really answer what would be your course load. I believe that AP Stats doesn't let you test out of anything. It only gives you elective credits. If you get 4-5 on Macro and Micro, you can test out of Econ 1 and 2. </p>

<p>Your potential course load could be Econ 11, Management 1A, Calc, and whatever else.</p>

<p>hmm you make a good point altema....but if you could change majors right now, what would you change to? meaning, what other alternative major could be applicable to the same career choices as biz-econ?</p>

<p>i agree with altema. when i took econ 1 and econ 2, i thought economics was so darn interesting. it was so incredibly misleading... it made me want to major in it. the deeper i got into it, the less i liked it. it doesnt help that our department is not that great at all (with the exception of like, one professor). pretty soon, i also realized that it was also way out of my league... some of my discussions are just out of this world. but i also got too far into it that im too lazy to change my major. but if i could do it over again, i'd do the accounting minor and pick a different major.</p>

<p>do the advanced econ classes go into crazy math? cause i hate math...</p>

<p>You have your fair share of math and reading. I dont mind the math, but I hate the reading. </p>

<p>Don't hold me to this statement, but I do recall that some business-y jobs accept any major. When searching for internships, some finance/business firms would hire any majors. I would guess that its probably preferable to have a biz-econ major, but some accept any. To answer your question, I'm really not sure what other major I would go into that would give me the same choices as biz-econ. I want a job in accounting, and for that, all I need is the accounting minor (not really the minor, I just need to finish the requirements) and any major.</p>

<p>My experience has been pretty different so far. I'm done with most Econ requirements and I don't recall a lot of reading and the math was rather basic for the most part. I like Econ because I don't have to read through a ton of books and can just work on problems to prepare for exams. Also, if you try to avoid some professors (e.g. Galles) you can have a decent learning experience and find that many of the concepts do apply to the real world or are at least good approximators.</p>