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What did you minor in when studying for your accounting degree?

16 year old student looking for advice to become an accountant.

college-advice finance accounting
Thank you comment icon A minor is a secondary area of specialization beyond a college major. Undergraduates typically complete 16-30 credits to earn a minor. College students do not have to declare a minor to graduate. Undergraduates may use minors to complement their major or explore a different discipline. ian villebrun
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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!
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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/.
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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.
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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.
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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.
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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.
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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!
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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.
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