Why accounting?

College Majors Business Major
1

<p>For those who are planning on/currently/regretfully majoring in accounting, why did you pick accounting? How does it interest you? What part of it appeals to you? Thanks :) Just want to know others' opinions!</p>

2

<p>Umm…bump? lol</p>

3

<p>The balance sheet turns me on.</p>

4

<p>i recruited for the big 4 bc i was too lazy to study for case studies for consulting or finance/acct for ibanks. i go to berkeley/haas so it was pretty easy for me to get an offer from the big 4. basically all the lazy students at berkeley/haas like me end up in accounting…it’s depressing really</p>

5

<p>Domcobb pretty much summed it up, at least for audit.
Basically it’s safe, easy to get/keep a job in and will provide a decent middle class lifestyle.
It’s for everyone who either was too much of a ***** to do finance/consulting to begin with or who tried but couldn’t get a job in the above areas. Some also considered law school but didn’t want to take the upfront risk.
It’s also possible that thee might be someone somewhere who actually enjoys audit, but I doubt it.</p>

6

<p>So in conclusion, majority of the accountants are just doing it out of job security?</p>

7

<p>I passed the CPA exam so I could buy a 335is <3</p>

<p><a href=“http://media.il.edmunds-media.com/bmw/3-series/2011/ns/2011_bmw_3-series_f34_ns_12210_815.jpg[/url]”>http://media.il.edmunds-media.com/bmw/3-series/2011/ns/2011_bmw_3-series_f34_ns_12210_815.jpg&lt;/a&gt;&lt;/p&gt;

8

<p>Haha…I know there are plenty of people who are doing accounting for money but hey who’s not? Lol. I just don’t want to regret taking this accountancy path :/</p>

9

<p>Who gives a crap, seriously? Work your butt off to get to the top 25%, then 10%, then 5%, then 1%.</p>

<p>It ALL depends on how hungry you are. If you want it, you WILL get it, PERIOD. Just don’t puss out when you are working 80-110+ hours, because I don’t. I want to be in the 1%, and quite frankly, I’ll do whatever the hell it takes to get there.</p>

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<p>Actually its pretty funny that majority of the top 1% are part of the occupy wall street. What degree do u have?</p>

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<p>The problem is when you get to that 1% you may lose your health, and then money won’t be important. The only people who can really take advantage of it are your wife, kids, and relatives lol. In addition, many economists believe that once you reach the income of 80-90k, additional amount of money doesn’t really make you happier. I think it is because of the law of the diminishing returns, which in this case would state that increase in income adds value at a decreasing rate, and at some point the value that you get out of money will start to decrease. Moreover, many rich people have to work so much that they don’t even have time to by themselves a pair of socks.</p>

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<p>Yeah very true. I’ll be happy with somewhere around 100k considering that I live in NYC. I’m thinking of opening something when I save up enough money because working as an accountant for the rest of my life might bore me to death lol.</p>

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<p>Accounting MIGHT get you in the 1% if you are an executive or partner, but the real wealth in this country is not held by wage earners.</p>

<p>[Who</a> Rules America: Wealth, Income, and Power](<a href=“http://www2.ucsc.edu/whorulesamerica/power/wealth.html]Who”>Who Rules America: Wealth, Income, and Power)</p>

<p>Interesting article</p>

14

<p>I didn’t like consulting after trying out a case competition and reading up on it. I didn’t want to do investment banking because I didn’t want that lifestyle as a career. I chose accounting (and Audit, more specifically) because I liked numbers, I liked the client-services aspect of it, and the people were all really cool. It’s also a great launching pad into the private industry. I may not be on the path to be in the 1% (btw, 1% or higher is having a salary of 340K+, which is pretty attainable via accounting), but I’m completely fine with living a comfortable life and being the 2% or 3%.</p>