<p>"Well the general answer to the OP's question on this board is accounting, and well none of the business majors are half as hard as some engineering/science/math majors."</p>
<p>Categorizations like this are absolutely inaccurate. I would have a much easier time with an engineering major (chemical, mechanical, electrical, specifically) than, say, a literature or history major.</p>
<p>Did i say anything about a literature or history major? i was saying BUSINESS and ENGINEERING. Sure every major is hard in its own way, but whoever says business is harder than engineering is retarted. Heck im gonna be1 and im saying this. So quote me all u want n00bs this aint gonna change the truth. Yea this thread is now a flame thread. <em>1</em></p>
<p>football,
Intermediate Accounting is title of the class at most universities. Elementary calculus classes goes by many different names: Elementary..., Principles..., Foundations..., Business..., Applied..., Calculus for Liberal Arts Majors, Calculus I, etc.</p>
<p>Credits have to do with the amount of material that must be covered in the course, not its difficulty. Introductory classes tend to be offered as 4 or 5-credit classes because they utilize additional labs and in-class work. When you move onto intermediate levels, it is expected the student is able to instantly perform the procedures/proofs/experiments that the professor spent an entire lecture on in the introductory courses.</p>
<p>Accounting is definitely harder, but that doesn't make it a better major. Like most degrees, it all depends on the individual and their goals/motivation.</p>
<p>A lot of people say that an accountant can do a finance person's job. Well I disagree. Most accounting curriculums contain very few if any investment or investment analysis classes. I've known several CPA's who are very cocky when it comes to taxes, but they don't know the first thing about an index fund or what to do with it.</p>
<p>I've heard finance is a lot about developing and analyzing models, but because each firm has their own models, that finance majors are no better prepared for their careers than any others.
Whereas accounting majors are grounded in GAAP from the first class. And cross into finance through the analysis of statements.
Granted, a knowledge of instruments is very helpful.</p>
<p>ferryboat, i'm not quite sure what you are saying. That accountants are better at analyzing models? Or accountants are better because they can analyze a model too? Help me out here.</p>
<p>What I'm saying is that a finance major doesn't necessarily prepare one for a finance career right out of college. There's a lot of on-the-job training.
Because the similarity in curriculums help produce similiar skill sets, accounting majors are nearly as well prepared for finance jobs as finance majors.</p>
<p>I think that the major difference between accounting grads and finance grads is that finance grads are FAR more passionate about their field of study. I know tons of people in finance who are happy with what they do (and not just because of the values in their bank accounts)</p>
<p>I have found virtually nobody in the field of accounting(except maybe taxguy) who is genuinely and pasionately interested in what their doing</p>
<p>I think that ends up making a big difference on the issue of the difficulty of these majors.</p>
<p>Well, why would you want to major in accounting if you want a finance job? Most people find finance more fun/interesting/exciting than accounting. Therefore, it doesn't make much sense to major in accounting unless you want to do accounting. If you don't want to do accounting, then a finance degree is more fun/interesting/exciting and a little easier and less time consuming.</p>
<p>The only positions in finance I could see myself in are government finance (a long time to break into) or real estate (often requires a specialty). In the mean time, accounting suits me very well. The school work doesn't bother me a bit. It's one less happy hour or networking event per week tops.
And the study of accounting IS interesting. Budgeting, costing, revenue recognition, internal controls, etc.. It's far more than credits, debits and ratios. I'm interning with a small 12-person company this summer and upcoming school year. They're in the middle of changing controllers as one retires. The discussions the three of us have had in recent weeks would blow most perceptions of the "mundane" accounting profession.</p>
<p>I am glad that you have found your niche. Given that I am a finance major you can imagine how annoying it is when other people belittle your area of study. I did not want to come off like an ass, it just gets annoying when engineering and accounting majors have to constantly explain how good their degree is. While their is not doubt than an accounting degree with take you far, I still maintain that most accounting curriculums provide little to no investment training. Thus, it may be more difficult for an accountant to be a banker, hedge fund manager, broker, real estate person than it would for someone who is well versed in finance.</p>
<p>From what I understand (mostly from professors and counselors) is that no undergraduate degree provides much investment training. But accountants, engineering and finance majors aren't in these pre-professional programs solely for the curriculum. We know there's more to learn when we get out in the real world. The great thing about these pre-professional programs is that they grant us access to amazing internships and careers, which are easier to get when related to your major.</p>