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BS in Accounting

nepatsfannepatsfan Posts: 33Registered User Junior Member
edited July 2010 in Business Major
I have been looking at a few majors over the past year and I want to go into accounting. I am currently an economics major with a business minor but I want to get a bachelors in accounting. However, accounting is a restricted elective and you have to complete the pre-requisites to apply into the business school. It will take me at least a year to complete the pre-requisites. I was wondering if it was a good idea to delay graduation by one year and take the pre-requisites for accounting. Do you think it would it be worth it in terms of job demand and salary versus just completing the BA in economics? Thank You!
Post edited by nepatsfan on
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Replies to: BS in Accounting

  • thesituati0nthesituati0n Posts: 28Registered User New Member
    Wow, the three threads at the top of this forum (including my own) are all about people considering switching to accounting. It seems like everyone and their mom is considering switching their major to accounting lol.

    Anyways, I think as an econ major, you should be able to get a decent entry level business position. I could be wrong, as I don't really know many econ majors, but that's what I would guess. Also, with a degree in econ, does that satisfy the business hour requirements needed to sit for the CPA exam in the state that you want to practice? Or do econ courses not count as business courses? I don't really know how the Board of Accountancy decides whether something is a business course or not and would be interested in finding out myself... If you do have the required business courses and just need the accounting courses/150 cr hour rule, you could just pursue a M.Acc. degree. I, unfortunately, can't do this because I was a poli sci major who hasn't take any business classes yet... :(
  • sp1212sp1212 Posts: 795Registered User Member
    "Wow, the three threads at the top of this forum (including my own) are all about people considering switching to accounting. It seems like everyone and their mom is considering switching their major to accounting lol."

    A lot of people read these boards thinking accounting will definitely get them a great, stable job with good pay and great career progression. However they find out soon enough they aren't cut out for it.

    They do try to switch into accounting but too bad a lot of them can't make it into accounting =(

    Accounting is a weed out major. Most of the classes are rather challenging for average business students. And a lot of them find this out and go to different majors. And the Accounting stereotype that Accounting is quite dry and boring still lives!


    Hence a lot of the ones who consider doing accounting will not be doing accounting.

    =)
  • sp1212sp1212 Posts: 795Registered User Member
    Oh and I should also add that many people who do end up getting into accounting usually leave for different industries in several years. A lot of people who stick with accounting usually start their own practice or go into private/corporate Accounting.

    This explains why accounting is in pretty good demand.

    I capitalized some of the "accounting" to throw you off by the way =)
  • EconguyEconguy Posts: 32Registered User Junior Member
    sp12 youre just being discouraging
  • nepatsfannepatsfan Posts: 33Registered User Junior Member
    I'm pretty sure business classes are those only in the business school. At my school the business courses just have a "B" at the beginning of the course name (ex: BACC 211). I'm pretty sure you can do a MACC with any undergraduate major, you just have to take the pre-requisite courses. It varies by school but most programs require financial accounting, three or four business courses, a computer class, and a bunch of humanities and social science gen eds which come with every undergrad degree. You should check out the prerequistes for the graduate accounting program you wish to pursue.
  • sp1212sp1212 Posts: 795Registered User Member
    You call it discouraging, I call it the f'n truth
  • EconguyEconguy Posts: 32Registered User Junior Member
    well too bad you have no idea what the truth actually is lawlz
  • Whistleblower1Whistleblower1 Posts: 633- Member
    Wow, econguy. What was your GPA again? Yeah that's what I thought.
  • EconguyEconguy Posts: 32Registered User Junior Member
    can't troll me lawlzz
  • viscaFCBviscaFCB Posts: 68- Junior Member
    OP, Are you talking about the University of Texas - Austin (McCombs) Econ/Accounting program?...
    That is one of the best available and will surely make you competitive for recruits and grad school....
  • biggumtbiggumt Posts: 41Registered User Junior Member
    many people don't have the luxury of choosing what they "like" or whats "interesting" anymore. These days are tough and the US is headed for disaster. People these days are choosing careers where there are plenty of JOBS and growth. At the end of the day you have to put food on the table by any means necessary.
  • Inmotion12Inmotion12 Posts: 1,042Registered User Senior Member
    The US is not headed for "disaster'. Quit listening to Glenn Beck and people trying to sell you gold. But yes, I agree that things that are interesting to you should be hobbies. College should be there to prepare you with skills that others in society need and are willing to pay you for.
  • Whistleblower1Whistleblower1 Posts: 633- Member
    Inmotion12, it's projected that the yearly interest on the national debt will soon equal the budget of the department of defense.
  • Inmotion12Inmotion12 Posts: 1,042Registered User Senior Member
    Fixing the long-term debt problem would be extremely simple and would only require some very simple common-sense legislation. Letting the Bush tax-cuts expire, stop spending many, many times the amount on defense as the rest of the world combined (I forget the exact number), reinstate the estate tax on the richest 1%, cut and streamline wasteful government programs, raise the official retirement age to 68 or 70, partially privatization of social security, etc... The real issue with all this is that the American political system is so heavily dominated by special-interest groups that even these simple, common-sense cuts will be difficult to pass.

    The real problem I see is that the current government and mainstream media has it completely backwards right now. They want to cut short-term spending while ignoring the types of long-term solutions I listed above. They should continue to stimulate the economy for the next 12-24 months while enacting some common sense long-term budget cuts. This economics professor from the University of Delaware agrees with me and has a really good article on it right here:
    Cut tomorrow's looming deficits, but save today's economy | delawareonline.com | The News Journal
  • Inmotion12Inmotion12 Posts: 1,042Registered User Senior Member
    "For example, many policy analysts across the political spectrum have proposed various changes in Social Security's benefit formulas and earmarked taxes that would reduce or eliminate its large projected future deficits. The real deficit war must be fought over big permanent programs with large looming future deficits, not over temporary measures to stimulate the economy.

    Thus, the policy prescription for Congress can be stated simply: Cut tomorrow's deficits by enacting a normal unemployment balanced budget rule and by changing benefit formulas and earmarked tax rates in Social Security, Medicare and Medicaid; but raise today's deficit with temporary tax cuts and expenditures that stimulate the economy out of recession."

    -Dr. Laurence Seidman
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