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What is a good minor to pair with an Accounting major?
The only minors that I can think of are business administration, economics, management, finance, etc. Are there any outside of the business world that would complement accounting? Like technology, data analyzing, law, etc.
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8 answers
Updated
Madelein’s Answer
Auditing or compliance would be a good option for a 3 year degree, if you feel like/can study longer, LLB (law) would be advisable. Law and accounting are country specific though with bridging required when immigrating. With the corruption indexes and challenges worldwide, these fields are likely to always be employed.
Thanks Madelein! As a matter of fact I was looking into becoming both a CPA and a lawyer!
Genevieve
Updated
Orain’s Answer
Hello Genevieve,
I hope all is well and great question
One minor I was recommended by my professors in college and I recommend to others as well is a minor in Computer Science. Knowing what I know now in the audit realm, having an IT background and understanding goes a far way when performing audits since for the most part systems, tools and IT related activities are most times apart of the process being audit.
I hope this helps.
Thanks
O.M
I hope all is well and great question
One minor I was recommended by my professors in college and I recommend to others as well is a minor in Computer Science. Knowing what I know now in the audit realm, having an IT background and understanding goes a far way when performing audits since for the most part systems, tools and IT related activities are most times apart of the process being audit.
I hope this helps.
Thanks
O.M
Thank you for your kind answer Orain! :)
Genevieve
Updated
Mark’s Answer
Hi Genevieve.
There are two things that I wish I would have known in college that could have helped me in my post-college accounting career. Having strong writing skills and being really proficient with technology. In accounting you deal with a lot of people across departments and across countries. Being able to clearly, accurately, and concisely communicate is very helpful. Additionally, a lot of company processes require detailed documentation for internal and external users. A minor in English could help here.
In addition having a strong grasp of technology is great. Being able to feel comfortable across different operating systems and within different programs would give you an initial leg up when you start your career. Possible something in computer science might be of interest to you.
There are two things that I wish I would have known in college that could have helped me in my post-college accounting career. Having strong writing skills and being really proficient with technology. In accounting you deal with a lot of people across departments and across countries. Being able to clearly, accurately, and concisely communicate is very helpful. Additionally, a lot of company processes require detailed documentation for internal and external users. A minor in English could help here.
In addition having a strong grasp of technology is great. Being able to feel comfortable across different operating systems and within different programs would give you an initial leg up when you start your career. Possible something in computer science might be of interest to you.
Thank you Mark! I did not even consider English, but I'll definitely be looking into that!
Genevieve
Updated
Alla’s Answer
You can go in various directions but right now having some sort of data science, data analytics or MIS is a good minor to go with accounting. You can also consider something like psychology - that was the route that I took as I was very interested in human behavior and how the mind works. Also, business communications is a good minor that can compliment accounting.
Thank you! :)
Genevieve
Updated
Jay’s Answer
Hi Genevieve,
I agree with most of the responses above. As another viewpoint, in my experience in Public Accounting, there were people who also studied law which allowed them to get job opportunities working in Tax. Information Technology is always a strong complement to Accounting as well as Economics. Your desired end goal will probably help guide you in which areas to study/focus on.
I agree with most of the responses above. As another viewpoint, in my experience in Public Accounting, there were people who also studied law which allowed them to get job opportunities working in Tax. Information Technology is always a strong complement to Accounting as well as Economics. Your desired end goal will probably help guide you in which areas to study/focus on.
Thank you!
Genevieve
Updated
Daaniyaal’s Answer
A good minor to add along with your accounting major would be something technology-related. Whether it's computer science, information systems, data science, etc. Accounting professionals in today's setting are shifting towards an increased use in information technology. Lots of companies use ERP systems to optimize business practices and a lot of this work is intertwined in the accounting profession. A technology minor would open up multiple career paths whether it's consulting, audit, software development, IT, modeling, etc.
Thank you!
Genevieve
Updated
Laura’s Answer
Hello Genevieve,
If there are options for a minor or emphasis in the industry that you are interested in working I believe that would be a good fit.
For example, accounting with an emphasis in information systems or a tech related field are very helpful if you want to work in finance IT, consulting or the tech field.
Best,
Laura
If there are options for a minor or emphasis in the industry that you are interested in working I believe that would be a good fit.
For example, accounting with an emphasis in information systems or a tech related field are very helpful if you want to work in finance IT, consulting or the tech field.
Best,
Laura
Thank you!
Genevieve
Updated
Yi’s Answer
Hello Genevieve,
I think besides the business general areas - law degree is good so that you can become a JD/CPA in the future to pursue some tax law, transaction service career; software engineering or data analyst is also a good minor as nowadays digital transformation is a big thing in accounting field.
Hope that helps!
Yi
I think besides the business general areas - law degree is good so that you can become a JD/CPA in the future to pursue some tax law, transaction service career; software engineering or data analyst is also a good minor as nowadays digital transformation is a big thing in accounting field.
Hope that helps!
Yi
Great advice, thank you Yi!!! :)
Genevieve