12 answers
Marcelo
Student
2
Questions
Updated
897 views
What did you minor in when studying for your accounting degree?
16 year old student looking for advice to become an accountant.
12 answers
Grace Leonard
Accountant
15
Answers
Dallas, Texas
Updated
Grace’s Answer
Hi Marcelo, I majored in accounting and did not pursue a minor. I don't think I knew any accounting students who pursued a minor as accounting is often a demanding program. Also, many accounting programs at large universities have 5 year programs in which you earn your bachelor's degree and a master's degree at the same time (you do 4 years of undergrad and 1 year of grad as opposed to the typical 2 years of grad school). I did one of these 5 year programs and my university allowed us to choose any business major for our master's degree. I chose management information systems (MIS), but many programs have students work towards a Master of Accountancy or a Master of Science in Accounting. These programs are also common as you need 150 hours of college education (with other stipulations) to receive a Certified Public Accountant license. I enjoyed my MIS classes a lot as they were very different from my accounting courses and gave me competencies in coding, project management, and system design. They also helped me on the CPA Exam as technology is a large part of accounting today. Many accounting students are interested in finance and finance and accounting majors tend to have some overlapping course requirements. Some people will also minor in a foreign language because they want to work internationally. When you start applying to colleges, you should ask the admissions team what minors are available to business students and what they typically see students do as each school will have different options. It's great that you are going into college applications with the ambition for a minor, I wish you the best of luck!
Danielle Grahek
Team Leader
13
Answers
Macomb, Michigan
Updated
Danielle’s Answer
I pursued an associate degree in accounting, but my journey took a turn when I decided to major in management and minor in marketing for my bachelor's degree. As the journey unfolded, I discovered a deep passion for marketing, leading me to wish I had chosen it as my major. It's never too late to follow your passion, and I'm excited about where this love for marketing will take me.
Sydney Johnson
Consultant
3
Answers
Edina, MN
Updated
Sydney’s Answer
Hey Marcelo! My academic journey involved majoring in both accounting and management information systems, rather than focusing on a minor. The latter major delves into the intersection of people, processes, and tools within the business realm. It might seem expansive, but it pairs perfectly with accounting! It equips me with the ability to comprehend the interdependencies between accounting and other business sectors. For instance, I can understand how financial statements impact the company's decision-making processes. The knowledge I gained from these two majors is something I apply in my current role daily.
If you're considering other majors or minors to pair with accounting, three great options are finance, business analytics, and business law. The beauty of accounting is the multitude of routes it opens up for you. If you're inclined towards a technical path, business analytics would be an excellent choice. If you prefer focusing on regulations, business law would be more suitable. Pairing finance with accounting is also a solid choice as it provides a comprehensive understanding of a business's financial performance.
Whether you’re starting college or finishing up your studies, Access Your Potential Career Readiness and Digital Skills curricula are available to help you grow and discover what you want for your career. For more information: http://accessyourpotential.pwc.com/.
If you're considering other majors or minors to pair with accounting, three great options are finance, business analytics, and business law. The beauty of accounting is the multitude of routes it opens up for you. If you're inclined towards a technical path, business analytics would be an excellent choice. If you prefer focusing on regulations, business law would be more suitable. Pairing finance with accounting is also a solid choice as it provides a comprehensive understanding of a business's financial performance.
Whether you’re starting college or finishing up your studies, Access Your Potential Career Readiness and Digital Skills curricula are available to help you grow and discover what you want for your career. For more information: http://accessyourpotential.pwc.com/.
Nathan White
business analyst
20
Answers
Newark, Delaware
Updated
Nathan’s Answer
Marcelo,
I originally started with a major in Computer Science but then switched to finance. I didn't finish the computer science major, nor did I finish Comp Sci as a minor. It was helpful to have the computer background when I entered the workforce. It has helped me program in VBA and SQL, which has helped streamline and make me more efficient in my day-to-day tasks. If you're going into accounting a good thing to pair with it would be any IT minor. The world needs people who know technology and who can adapt with the tech needs of the ever-changing world. As you take courses in college, you'll find out what you like. Do what you like, don't get stuck on salary or what everyone else is doing. In the end if you enjoy what you're doing, you'll be much more content. While I recommend an IT minor you may decide that a Spanish/Marketing/Communication/etc minor may be right for you.
I originally started with a major in Computer Science but then switched to finance. I didn't finish the computer science major, nor did I finish Comp Sci as a minor. It was helpful to have the computer background when I entered the workforce. It has helped me program in VBA and SQL, which has helped streamline and make me more efficient in my day-to-day tasks. If you're going into accounting a good thing to pair with it would be any IT minor. The world needs people who know technology and who can adapt with the tech needs of the ever-changing world. As you take courses in college, you'll find out what you like. Do what you like, don't get stuck on salary or what everyone else is doing. In the end if you enjoy what you're doing, you'll be much more content. While I recommend an IT minor you may decide that a Spanish/Marketing/Communication/etc minor may be right for you.
Kina Teow
Tax Consultant II
7
Answers
Cincinnati, Ohio
Updated
Kina’s Answer
To become an accountant:
Master Math: Since accounting deals with numbers and calculations, a strong math background is crucial.
Grasp the Basics: Begin with a solid understanding of fundamental accounting principles, including financial, managerial, and tax accounting.
Earn an Accounting Degree: Choose a reputable university with an excellent accounting program.
Internships: Aim to get internships while studying. This gives you hands-on experience and might land you a job after graduation.
Certification: After earning your degree, think about getting additional certification, such as becoming a Certified Public Accountant (CPA). This boosts your job opportunities and potential income.
Keep Learning: The accounting field is ever-evolving, with rules and regulations frequently changing. Therefore, ongoing learning is vital.
Master Math: Since accounting deals with numbers and calculations, a strong math background is crucial.
Grasp the Basics: Begin with a solid understanding of fundamental accounting principles, including financial, managerial, and tax accounting.
Earn an Accounting Degree: Choose a reputable university with an excellent accounting program.
Internships: Aim to get internships while studying. This gives you hands-on experience and might land you a job after graduation.
Certification: After earning your degree, think about getting additional certification, such as becoming a Certified Public Accountant (CPA). This boosts your job opportunities and potential income.
Keep Learning: The accounting field is ever-evolving, with rules and regulations frequently changing. Therefore, ongoing learning is vital.
Taylor Eddy
Tax Accountant
4
Answers
Tampa, Florida
Updated
Taylor’s Answer
Hello!
At my school, many students pursued a double major in Accounting and Finance. Opting for a dual major is beneficial as it not only provides a broader range of job opportunities upon graduation but also helps you meet the 150 credit hour requirement necessary to sit for the CPA exam. Typically, a standard Bachelor's degree consists of 120 credit hours, prompting most to undertake a fifth year through a Master's program to accumulate the additional credits. I believe achieving a Bachelor's degree with two majors can be more advantageous and practical than having one major with a minor.
I hope you find this advice useful. I recommend contacting the career counselor at the College of Business at your chosen university to discuss the possibility of a double major in Accounting and Finance and learn more about the benefits it offers!
At my school, many students pursued a double major in Accounting and Finance. Opting for a dual major is beneficial as it not only provides a broader range of job opportunities upon graduation but also helps you meet the 150 credit hour requirement necessary to sit for the CPA exam. Typically, a standard Bachelor's degree consists of 120 credit hours, prompting most to undertake a fifth year through a Master's program to accumulate the additional credits. I believe achieving a Bachelor's degree with two majors can be more advantageous and practical than having one major with a minor.
I hope you find this advice useful. I recommend contacting the career counselor at the College of Business at your chosen university to discuss the possibility of a double major in Accounting and Finance and learn more about the benefits it offers!
Olga Jorth
Assurance Associate
9
Answers
Miami, Florida
Updated
Olga’s Answer
I specialized in psychology, which is a handy tool in the realm of accounting. It's crucial to be personable, to really understand your colleagues and clients, and to steer conversations in a positive direction. In today's fast-paced world, to thrive in an auditing role, it's all about making connections. You have to be able to introduce yourself and your company confidently, present your services effectively, and always strive to outshine your competitors. Mastering these people skills won't just boost your accounting career, but they'll also make your everyday life a whole lot smoother.
Elise Cheung
Auditor
2
Answers
Hellertown, Pennsylvania
Updated
Elise’s Answer
Hi Marcelo! It's great that you are thinking about your options early! My academic journey started as a mathematics major because I loved studying the topic but I ultimately decided to add accounting as a second major by my second year in college. During college, I pursued a research internship in mathematics and determined it was not the best career path for my so after that I knew that public accounting was my preferred career path. I graduated with a bachelor's degree with double major in mathematics and accounting. I think my mathematics major has served me very well in my career - the critical thinking skills, problem solving skills, and the ability to understand analytics, ratios, financial models, etc. have been incredibly important for me as an auditor. So if you have a passion for mathematics, I would highly recommend to consider it as a minor with your degree.
Denise Thompson
Management Consultant
2
Answers
Washington, Washington
Updated
Denise’s Answer
I minored in Finance which has proved to be incredibly helpful in my career as a CPA. The other thing I would do is listen in on the earnings calls of some of your favorite companies. This will immerse you in their mindset, and the language of accounting and Finance. Congrats on starting so early! I wish I knew what I wanted to do at 16! You're off to a great start!
Matt Sanchez
M&A Manager
3
Answers
Los Angeles, California
Updated
Matt’s Answer
Hi! When I was an accounting major, I picked up a minor in communications for a couple reasons:
- I was worried about the stereotype of accountants all being anti-social number crunchers and wanted to show on paper that I'm more than that
- It was a great way to increase my circle with people who had talents and backgrounds I wasn't encountering in my accounting classes
- All the educational knowledge in the world means nothing if you can't properly explain to others why it matters!
I'm not saying you have to minor in what I did, but it's always a good idea to stay well-rounded and broaden your horizons by seeing what else is out there. It can also be a good way to explore an potential industry you'd like to focus on in your accounting career. For instance, my undergrad has a world-renowned film school, so I also took multiple courses there around the business of cinema. You could do the same with what fields interest you, whether it be international relations, environmental science, or social work. It can make a real difference when writing your cover letter and in interviews that you took actions to pursue your interests and build additional skills beyond learning your debits and credits.
- I was worried about the stereotype of accountants all being anti-social number crunchers and wanted to show on paper that I'm more than that
- It was a great way to increase my circle with people who had talents and backgrounds I wasn't encountering in my accounting classes
- All the educational knowledge in the world means nothing if you can't properly explain to others why it matters!
I'm not saying you have to minor in what I did, but it's always a good idea to stay well-rounded and broaden your horizons by seeing what else is out there. It can also be a good way to explore an potential industry you'd like to focus on in your accounting career. For instance, my undergrad has a world-renowned film school, so I also took multiple courses there around the business of cinema. You could do the same with what fields interest you, whether it be international relations, environmental science, or social work. It can make a real difference when writing your cover letter and in interviews that you took actions to pursue your interests and build additional skills beyond learning your debits and credits.
Darah Ballard
External Auditor
4
Answers
St. Louis, MO
Updated
Darah’s Answer
Hi Marcelo,
Just to give you a bit of my educational background, I've earned a Bachelor's degree in Business Administration & Accounting, and I also have a Master's degree in Accounting. While I didn't manage to secure any minors, I did have the chance to pursue them. Had I gone down that path, I would have chosen Finance and Communications.
Finance and Accounting are like two peas in a pod - they complement each other perfectly. As someone who aspires to run their own business one day, I thought that a minor in Communications would have been a great way to polish my speaking skills.
But, for anyone I think Finance is very important. Whether you're an accountant or just about anyone else, having a good grasp of Finance is like having an ace up your sleeve. It's a valuable skill set that can really give you an edge.
Just to give you a bit of my educational background, I've earned a Bachelor's degree in Business Administration & Accounting, and I also have a Master's degree in Accounting. While I didn't manage to secure any minors, I did have the chance to pursue them. Had I gone down that path, I would have chosen Finance and Communications.
Finance and Accounting are like two peas in a pod - they complement each other perfectly. As someone who aspires to run their own business one day, I thought that a minor in Communications would have been a great way to polish my speaking skills.
But, for anyone I think Finance is very important. Whether you're an accountant or just about anyone else, having a good grasp of Finance is like having an ace up your sleeve. It's a valuable skill set that can really give you an edge.
Bethany (Dawson) Rodriguez, CPA
Accountant
3
Answers
Tampa, Florida
Updated
Bethany’s Answer
Hi! When you study for an accounting degree, you're primarily learning about the concepts needed to work in a career in accounting. For example Financial Accounting dealing with preparing key financial documents like balance sheets, income statements, and cash flows, Auditing how to inspect and verify financial records and how they follow laws, Taxes, technology in accounting, and Ethics in business as well. However, in college, you can also choose a "minor," which is like a secondary focus of study.
I chose to minor in management. This means that, in addition to my main accounting courses, I took extra classes to learn about another field.
Here’s why this can be really helpful:
Working with People: In your career, you’ll need to interact with others, whether they are coworkers, clients, or your boss. Management courses teach you how to communicate effectively, resolve conflicts, and work well in a team.
Leadership Skills: As you advance in your career, you might end up leading a team or managing projects. Management courses help you develop skills to be a good leader, such as decision-making, motivating others, and planning strategically.
So, in essence, by studying management along with accounting, I aimed to become not only good with numbers/accounting topics but also skilled in working with people and leading teams. This combination can be very valuable in the business world!
If you’re considering a career in accounting, try to think about what additional skills you might want to develop. A minor can be a great way to round out your education and prepare you for various roles in the future.
Best of luck!
I chose to minor in management. This means that, in addition to my main accounting courses, I took extra classes to learn about another field.
Here’s why this can be really helpful:
Working with People: In your career, you’ll need to interact with others, whether they are coworkers, clients, or your boss. Management courses teach you how to communicate effectively, resolve conflicts, and work well in a team.
Leadership Skills: As you advance in your career, you might end up leading a team or managing projects. Management courses help you develop skills to be a good leader, such as decision-making, motivating others, and planning strategically.
So, in essence, by studying management along with accounting, I aimed to become not only good with numbers/accounting topics but also skilled in working with people and leading teams. This combination can be very valuable in the business world!
If you’re considering a career in accounting, try to think about what additional skills you might want to develop. A minor can be a great way to round out your education and prepare you for various roles in the future.
Best of luck!
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