Degree Accounting & Fincance VS Degree in Accounting

Guy I need more advice on which is better?

Should I take Accounting & Finance Degree or just take Accounting?

Anyone have taken this double degree before? tell your experience.

Thanks,

 

I was a double major, and then had to drop accounting due to some family issues my senior year that required a lot of travel.

You definitely need to learn both, but in my opinion, having the extra two word "and Accounting" on your resume are insignificant compared to previous work experience.

 
Best Response

The way I see it, if you're wanting to go into finance and you can get a minor in Accounting instead of a second degree, I think that would be best route. There's a lot of things that accounting can help you in if you're wanting to go into something like Equity Research, but there's a lot of things that aren't going to be applicable (IMO) that a full-blown accounting degree will probably require you to take (stuff like Individual Taxation, Audit, ect.). Any firm is either going to have in house accountants to do that side of the work, or outsource to a public accounting firm (i.e. one of the Big 4). But definitely the concepts you learn up through Intermediate Accounting should be helpful if you're thumbing through 10-Q/Ks all day,

 

minor in accounting just so firms know you have a working knowledge of accounting down, then minor is something else way more interesting. i can't tell you how many times i've heard that after the 100th finance and accounting double major - hell, even finance major - everyone starts to look the same. if you minor in something that a little different (assuming you have the credit space available for a double minor) i guarantee you you'll a) start getting more interviews and/or b) during interviews, the interviewer will be more likely to have a genuine interest in you and ask you questions about something other than finance.

Remember, once you're inside you're on your own. Oh, you mean I can't count on you? No. Good!
 

I feel like if you have a degree in finance it is understood you have the requisite understanding of accounting. On the other hand, if you have a degree in accounting I am not assured you understand finance, although I would think you could pick it up quicker than other majors.

Your call. 2 is better than 1, but 1 with a great GPA should do it. Both with a sub-par GPA won't.

"They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."
 
Greekgod:
kjl:
What do you want to do with your degree(s)?
I want to work in Big4 company and open my own firm.
If that's the case, then you really don't NEED to double major in finance. Big 4s won't really care if you've double majored or not, so long as you meet their GPA threshold, have some ECs and fit in with their culture (not to mention having enough hours to sit for the CPA exam, if you're going to go into audit). I'm assuming you're going to work in either audit or tax if your end goal is to start your own firm.

If my assumptions are correct, I think it's fine if you don't double major. Double in finance if you really want to learn it, or just spend time learning something else that you're interested in.

 

If you want to double major, that's fine. I'm just saying you don't have to. And no, your GPA isn't "divided into 2." (I'm not sure what that means.) You'll have separate GPAs for each major.

 

Distinctio ut consequatur unde eos. Eveniet pariatur nulla dolor nemo sint.

Itaque consequatur libero sunt odit. Accusantium incidunt ex voluptatem nisi similique et iure ea. Aut enim quos molestiae maxime laudantium et. Et quo officiis est quia.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”