@Delfblue can I ask you some accounting degree questions? My DD is doing a 5 year accouting program where she is eligle to sit for the CPA exam. She also wants to double magor in Fiannce but her advisor is tellng her it isn't necessary and would be "hard". I think she should do it in case five years from now she hates accounting she'll have other options. Whats your thoughts?
Thanks!
I think this is question is difficult because I don't know your daughter nor do I know what her advisor meant by saying it would be "hard". A lot of students I know double major in accounting & finance. They usually take more than five years to do it, but since they need their 150, it's not really an issue. The courses can be difficult for a lot of people. A lot of my homework wasn't necessarily hard, but it was time consuming.
Accounting is second career for me. I completed an internship in audit, tax and at private company. I know the degree I already had gave me the competitive advantage over other students for at least two of my internships. Double majoring could give your daughter a competitive advantage over others, but she could obtain a competitive advantage over others in other ways. She could work at bank or apply for temp work at an accounting firm. It would certainly give her more options when it comes to finding an internship. There were several internships for finance students that I was really interested in, but couldn't apply to.
My advice to your daughter:
1. Take one or two courses in finance beyond the required one. If she likes it, keep going. Get a minor. If she is hungry for more, double major. If you like something, it's not really "hard" to keep pursuing it. It will still be time consuming, but in my experience, the drive to keep going will be there.
2. Seek out assistance from career services or the accounting department. Ask for the names/numbers of alumni in accounting and/or finance. Call them and ask them about their jobs and what they like/don't like. (Don't forget to send thank you notes) I did this when I earned my first degree. One of the alums asked me to call back when I was ready to graduate. She ended up hooking me up with a job. It's how I started my first career.
3. Start looking at internship/job advertisements for both accounting and finance students. Look anywhere. There are tons of great companies and firms. Maybe your daughter has a secondary interest. A friend of mine is a sports nut and is an accountant at ESPN. Note what kind of student they are looking for. Sometimes knowing where you want to end up will help you plan your path.