Should you Major in Accounting or Finance?

  Рет қаралды 3,906

Edspira

Edspira

Күн бұрын

Пікірлер: 19
@Crookedcaucasian
@Crookedcaucasian 3 ай бұрын
Everything in this video is 100% correct. Many schools have the Major “Business of Administration”, then you can pick a variety of “Emphasis” such as Finance, Accounting, Marketing, Real Estate, Management. In my opinion you should do both if you can, many classes overlap and it might not be as hard as you expect. Then when the time comes you can pick CPA or Finance work if you want. I just graduated doing both and this video was on point with everything I saw at my own business school. P.S. don’t do marketing, sounds fun but very hard to get a job.
@Cheesecake99YearsAgo
@Cheesecake99YearsAgo 3 ай бұрын
What do you think about fintech ? Does the students need to be in the elite schools too ? Because the fintech folks can certainly replace most conventional finance and accounting roles with AI and niche software
@Crookedcaucasian
@Crookedcaucasian 3 ай бұрын
@@Cheesecake99YearsAgo Speaking on only my experience since I just graduated business school in may. Fintech is definitely going to be important and more focused on in the future. The problem is right now, depending on the university you go to, the transition to AI is slow to be incorporated into the classes or lectures. I did have a senior accounting class which discussed the use of fintech but never went to deep. Problem right now is professors are aging and may not have relevant skills or programs that is needed in today’s business field. That’s where your summer internships come in to use company software, which will give you more practical skills.
@Prajaktanlb
@Prajaktanlb 3 ай бұрын
Best video and the way he guided I never seen this before thanks for this information ❤
@robertsantaines
@robertsantaines 3 ай бұрын
Personal opinion: They are two sides of the same coin. Accounting is retrospective. Finance is prospective. They intersect at the financial statements.
@christiancoronado
@christiancoronado 3 ай бұрын
His comments are on point
@Hjbjishrstmbj
@Hjbjishrstmbj 3 ай бұрын
"Happiness is positive cashflow" What a nice phrase haha
@16-puttimakhum-im71
@16-puttimakhum-im71 3 ай бұрын
Me : double majoring in finance and accounting
@hadyabisaleh8322
@hadyabisaleh8322 3 ай бұрын
you're the best
@Edspira
@Edspira 3 ай бұрын
Thank you my friend!
@usamaas
@usamaas 3 ай бұрын
Thank you for the detailed analysis. I'm doing ACCA while interning in a commercial bank's finance department. After ACCA, I am planning to do CFA as well because it will help me grab more opportunities in future. Further, I've more inclination towards finance, financial management, treasury sides, so CFA after ACCA will be a good option, I think. What do you say?
@Edspira
@Edspira 3 ай бұрын
CFA is a highly respected credential and I think it could be a great fit for you given the interests you mentioned!
@Cheesecake99YearsAgo
@Cheesecake99YearsAgo 3 ай бұрын
Pick the major with the highest pay grade 😂
@zoyal2523
@zoyal2523 Ай бұрын
For majoring in accounting should I go to Georgetown university? Because it doesn't provide topics such as managerial/cost accounting and intermediate financial accounting in its curriculum and so it doesn't provide a well rounded accounting education. Or should I instead go to Washington university in st loius for accounting? But then comes the prestige factor of Georgetown. Please guide me Sir. Moreover, you said that finance has long working hours which burn us out but then you also say that accountants are leaving accounting for finance roles because how low working hours. This is very confusing.
@TheUnicleo
@TheUnicleo 3 ай бұрын
It also depends on your personality and preferences. Accounting is one of the most boring and least creative field in which only some rules policies and standards need to be strictly followed. But in finance you need to be more analytical, creative and problem solving. Besides most people working in finance knows a great deal of accounting subjects, but but few accountants know about Finance.
@christopherdeaver5372
@christopherdeaver5372 3 ай бұрын
All strange advice, unless you go to a top 20 school in the United States.When you study finance , you're gonna end up becoming a bank teller and maybe a branch manager. If you want finance, you MUST go to a very very big name school. The Bach in Finance is a useless degree. With an accounting degree you can teach yourself finance. If you do not have the accounting all your financial models will be junk.
@awaisamjad3201
@awaisamjad3201 3 ай бұрын
He does mention this
@Placid_Cat
@Placid_Cat 3 ай бұрын
literally mentioned in the video.
@carolea7158
@carolea7158 3 ай бұрын
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