Why Accounting Is the Best Business Degree to Study PERIOD | Advice to Accounting Students in School
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- เผยแพร่เมื่อ 5 ส.ค. 2021
- Are you interested in business? Thinking about studying business in college or a related subject? In this video I talk about why Accounting is the king of all business degrees and the best business degree that you can study because of growth and income opportunities. I also talk about the unique benefits of an accounting career. Thanks for watching and let me know if you have questions!
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About Me 👋🏼
I am an accounting student currently studying for my CPA exams. I'm interested in personal growth, productivity, and living a considered life.
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I always just like to point out to people that you don't have to get a CPA. It's a great credential to have and if you can do it by all means do it. But just remember two-thirds of all accountants are not CPAs. The vast majority of accountants will never be CPAs. You can have a very nice career without it. Great credential to have, but it's not an essential to get.
Honestly I make 77k without it and I’m fine with it 😂
@@amarjotsingh8455
As a CPA? Or just generally you arent related to thw field?
What paths are there higher up without being a cpa?
Yeah cause the rest have ACCA, CIMA or ACA lol
@@duckieman69accounting manager. Finance director. CEO of finance. Type sht. Accounting is a white collar trade. Your welcome
thanks cal you helped me a lot to get a comprehensive insight of accounting .
Thank you so much for saying all that and for sharing this. it's really helpful for someone like me who's thinking about pursuing a degree in accounting.
Great video, I’m a junior now studying accounting and woo these classes are tough. I always want to be an accountant. Pushing myself in these classes is hard.
Massively helpful video, thanks a lot
I'm learning SO much in my accounting degreem incredibly happy I went for it
Thank for your advice ,I will definitely go for my CPA .. I never like that field before ,once I took int acc 101 and 102,I realise that it is the best major that someone should study....
Great video as always, Cal! Recently I've been losing my motivation to study since we're still in lockdown. Most of the time I'd also find studying accounting boring, and I'd easily give up whenever I'd encounter a really difficult lesson, which leads me to procrastination. Thanks for reminding me about the great opportunities waiting for us in the real world, I should definitely remind myself that everyday in order to continue my drive. Have a great day!
Hang in there! I’ve gone through some rough patches where motivation really has dropped off. I know the feeling. Try to visualize what life will be like for you down the road and remember life won’t be this way forever. I’d also recommend studying in a 25 minute increment and then have a 5 minute break. That’s always helped me. Good luck!
Hello I looked at you video went to say thank you, I am trying to find my way want to go to college for business I was not h good in school so I am thankful want to do better need to be around people that are doing what I want to be a part off so keep making video I need the motivation
Thank you for this! I'm getting ready to start my freshman year in accounting and after watching a video I almost got discouraged but you encouraged me and put it into perspective! Thank you!
How did the first year go? :)
So, how’s it going blud?
Subscribed. Great advice
Awesome video! I’m so glad I found your channel. I am seeking a career pivot to accounting and enrolling in graduate school. I took two undergrad accounting classes for Bachelor’s degree , did very well in classes. What is the best way to study accounting? Also if I am not able to begin graduate school in fall, should I obtain Inuit free bookkeeping certification? Due to health reasons, I am also seeking a return to work, seeking Accounting Clerk, entry level jobs.
appreciate this!
yes excellent video, very down to earth stuff
Haha I too was going to do a philosophy degree - my favorite subject
Greetings, Cal. I'm last year of my grad & as well as simontanously I'm doing CMA. Your video is very much motivational. I'm very keen interested to talk with you personally. Hope You'll respond.
I agree, I have a management degree and I have found that it’s worthless. Study Accounting or MIS if you want a business degree.
Debit and credit ❤
Worked in IT for 7 Years. Accountants and Librarians were the most interesting people. Thanks for the vid.
what are your thoughts on online accounting degrees like the one from WGU?
What about a finance degree?
Currently on a career change, interested in accounting.
Nice! It can be a great pivot and you can get a job almost anywhere!
@@calvinator94 yeah. Looking up schools and programs currently.
What did you study/worked before?
Good video! What minors or skills do you recommend an accounting major learn?
Great video! I’m entering my freshman year of college and have about 58 credits coming in already. I’m currently a Finance major, but am thinking about adding a double major. Do you think a double in Finance + Accounting would be useful and offer a wider range of opportunities? I have seen some say Finance is rather forward-looking, while Accounting is focused on the past.
Correct! That’s a great understanding of finance vs accounting. I think adding the accounting double major would a great call. If you do, make sure you take all the classes required to sit for your CPA exam as well!
@Rrgblitz403 How did things go for you?? I’m very curious to know
@Rrgblitz403 How did things go for you?? I’m very curious to know
hello thank u bro for your support, i need some books for start accounting thank u
What about an MBA vs Commerce Accounting
Thnx for this video
What do u have to say to people who want to earn a lot of money early so they try finace jobs over accounting
Woah thx
Okay before your channel blows up too big for you to see my comment lol, be my mentor. I need guidance just along the way. I’m an accounting major I just need someone I can ask questions to, be taught, and just general guidance. I’m a recent Navy veteran. I’m exciting about pursuing this career.
Haha thanks for the kind words. Shoot me a DM on Twitter @calvintpmills and join the newsletter as well for similar thoughts that don’t make it into the videos. Feel free to reach out with any questions!
@@calvinator94 I don’t have Twitter. I’ll ask my questions here I guess.
1. What made you choose accounting?
2. If you could go back in time, what would you do differently?
3. What are your feelings on private vs public straight out of college?
4. I think I heard you say this your 2nd degree, what is your first degree in?
5. Are you a fan of getting a masters or just pursuing 150 credits to sit for CPA?
6. Do you think it’s worth it becoming a EA? Do people care that much or not really?
These were just some questions I came up it but I’m interested in what you have to say about them! Thanks Cal.
@@Bert1010 great questions. Here are my thoughts:
1. Accounting was the best cost-to-reward ratio for my situation. I had already banked a lot of credits from my first degree in Political Science so it was only about 1.5 years more of school to finish my accounting degree. In my case it didn’t make sense financially to go for the masters. I did take some masters courses though and I will say they are mostly regurgitations of what you learn in undergrad. Those programs are only created because of the arbitrary 150 credit requirement they’ve placed on the exam.
Accounting also has high earning potential. Definitely well into the six figures. So I gauged a 1.5 year pivot was worth it for me to make substantially more over my career.
2. If I could change things I would’ve studied accounting OR software engineering the first time around. I think that computer science is another extremely strong degree and I would aim to work at a FAANG company. I may a still take my skills there down the road.
3. Public is the way to go for a minimum of 3 years or longer to sharpen your skills. I personally love the culture of the firm I am at and it’s been incredibly valuable for me so far. Wouldn’t change a thing.
What’s an EA? Not familiar
@@calvinator94 EA= Enrolled Agent
Was it easy getting your first internship?
@@Bert1010 it was straightforward but I wouldn't say easy. Contact every firm's recruiter as early as possible and build a relationship with them. At the very least try to make it so they are familiar with your name and who you are. I would also recommend reaching out to a couple people who work at the firm, maybe through the recruiter, and take them to lunch. They formula has worked extremely well in my experience. Both groups get to know each other and you get a feel for if you want to actually work for the firm (and they get a good idea of who you are too).
How hard is accounting in undergraduate level? Can an average student study well and pass all the modules while doing job ? I'm going to start my uni degree from this september.
It’s challenging but not impossible by any stretch. My advice would be to take 1-2 accounting courses each semester and then fill in with your other required business courses. That was my approach and it treated me well.
to succeed in accounting, you just have to put in the work!
it's not something like a degree in electrical engineering or pure physics; accounting is less about intellectual rigor and more about having a strong work ethic.
@@yesihavealastname1562 Great to hear. I was originally interested in stem fields, but I don't have determination to progress in those fields, so business is next option.
@@yesihavealastname1562
Those are precisely the qualities that got the best engineers through their degrees btw :)
How was your first semester Rupesh?
Which accounting degree would be best for real estate and investing?
For real estate and investing maybe finance degree will be better than any accounting degree.
Mis and supply chain are very good business degrees
MIS ? What does it stand for?
I'm in Malaysia after spm what should I do
What is spm? I’m unfamiliar
@@calvinator94 it's an exam in malaysia
@@CamelliaAngelicaDonald gotcha. Not entirely sure how it works in Malaysia but I think your next step would be accounting degree!
@@calvinator94 yeah I hear a lot of People say that too.but there's so many which one?
My Brother in Christ pull that mic in
😂 I was thinking the same thing
How old r u
Because it just is... period lol😆🤣😂
🇧🇷
Only you can speak English like a native
Ai gonna replace alot Accounting jobs
It's going to replace pretty much every job which requires a university degree.
@@McFlashhits gonma replace every job period
@@viperrr6886 nah, not jobs like plumbing, electrician, sales etc
@@McFlashh eventually AI and robots can replace those jobs
AI will replace Accountants.