Accounting/Finance major with Statistics minor?

Mike3927
Fri, 15 May 2015 20:48:38 +0000

Hello all,

I am a student transferring over from a small community college to SFA this fall. At my Accounting and Business professor’s suggestion, I’m going to be going in with an Accounting major primarily, since I basically soaked up my principles classes like a sponge.

What I want to know is, how valuable would a double major in finance or a minor in statistics actually be? I know all three fields are loosely related- Accounting deals with the financial activity of a specific entity, Finance is a more general look at the entire market with an eye to investment purposes, and Statistics is analyzing trends and data in general- So my first thought is that these fields would complement each other well. But that’s just intuition, and intuition is often wrong.

While I’d like to have as many tools and as much knowledge as possible, I don’t want to waste my money on this if there’s no tangible benefit to doing so. I’m already planning on going for an MPA and getting certified as a CPA whether I do this or not, so I guess what the question boils down to is whether or not a CPA would benefit from an additional background in Finance and Statistics, or something along those lines anyway.