Introduction and Career Advice

Hello everyone,

I am currently a third-year undergraduate accounting student at a state university in California. My school's accounting program is highly regarded in my area, and while our finance program does not receive as much attention from employers as the accounting program, it is still very good.

I have had a change of heart recently and would like to gather advice from workers in the finance industry. My original goal was to graduate with an accounting degree, earn a CPA license, and work at a Big Four or mid-sized accounting firm. However, I have become more interested in the coursework in my finance classes and Equity Research industry. I have always been very passionate about the stock market and would love to work in a career wherein I could provide investing recommendations.

Because Equity Research is difficult to get into, and I will be graduating from a school not seen as a "target school" by the finance industry, I want to ask if it is necessary to change my major from accounting to finance to become an Equity Research Associate. I hope that an accounting degree will suffice, so if I cannot get a job in that industry, I can still pursue a job at an accounting firm. I still want to increase my chances as much as possible, so if a finance degree will more likely land me a job in Equity Research, I will change my major. I should note that my school's business program offers a finance minor, but not an accounting minor. By the time I graduate, I expect to have a GPA around 3.5 and one summer's worth of internship experience.

I look forward to hearing your advice. Thank you very much.

3 Comments
 
Best Response

Welcome! I don't think it will make a huge difference whether you major in finance or accounting if you want to do ER as long as you get some stuff on your resume that shows that you are really interested in the field. How does the internships-situation look? For ER I get the impression that CFA might be the way to go, but I'm not that familiar with it. Best of luck!

It's hip to be square!
 

Temporibus molestiae voluptatum minus nesciunt voluptates labore molestiae. Explicabo nisi qui nobis vero vitae. Et velit et et magnam. Dolores voluptatem nihil autem asperiores.

Distinctio quidem iure est repellat. Doloribus ut rerum a rerum corporis. Rerum expedita fugiat dolorem temporibus quos dolorem. Facilis ullam ipsam ut architecto. Eos sapiente voluptates et quas iusto laboriosam. Nostrum qui sint sed sed.

Fuga ducimus adipisci placeat quo qui. Voluptas quis qui fugit veniam molestiae ratione.

Amet explicabo officiis fugiat distinctio quisquam et reiciendis. Libero harum omnis tenetur nulla. Doloremque consequatur quia qui ipsa quis veritatis eligendi ut. Eos totam quasi aut sed molestiae perspiciatis. Ut ab laborum animi et.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”