Accounting Vs. Financial Planning


M

Michael Wei

Hello everybody, I am currently in a 4-year Bachelor of Applied Business
program. I have a choice of Accounting or financial planning ? Which
direction should I go in terms of finding a job ?

Thanks,

Accounting Or Financial Planning Man
 
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P

Preston

Hello everybody, I am currently in a 4-year Bachelor of Applied Business
program. I have a choice of Accounting or financial planning ? Which
direction should I go in terms of finding a job ?

Thanks,

Accounting Or Financial Planning Man

I take it these are electives in your Applied Business degree? In my
opinion, if you are working on a business degree such as this, you
should have an understanding of basic accounting. Accounting after
all is the language of business. I would select accounting because it
is useful in more areas of business than financial planning.

Preston Singleton
 
W

Wayne Brasch

Michael Wei said:
Hello everybody, I am currently in a 4-year Bachelor of Applied Business
program. I have a choice of Accounting or financial planning ? Which
direction should I go in terms of finding a job ?

Thanks,

Accounting Or Financial Planning Man
That depends strictly on you. Good money can be made in both fields. Look
further into both of them in terms of what courses you may need. Probably
you will find that the courses will be very similar. With an accounting
background there are so many things that a person can choose to do.
Accounting will be necessary for both of these if you really want to do a
good for clients.

Wayne Brasch, CPA, M. S. Taxation
 
B

Bryan Ekberg

I've had jobs doing both since college. Put it this way doing accounting
your guaranteed to get paid everyweek. If you like working on commission
that's what financial planning is all about. My problem was that I was
never motivated enough to work for free until I got going on financial
planning, plus it seems you got to have a more salesperson mentality for
financial planning, and I don't have that. Put it this way I know people
who are fairly rich doing either one. I have an accounting degree and have
had no problem getting financial planning jobs, so what I would do, is get
your degree in accounting, and get a job as an accountant, and if you still
think you wanna try financial planning do it part time while working as an
accountant to see how much you like it and what the better income of the two
is. I'm not saying all financial planning is strictly commission.. The two
places I worked for were and I hate strict commission. I made some money
doing it but got out of it when the next accounting job came by.
 
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Joined
Jun 29, 2010
Messages
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I will go with Accounting. Someone with Accounting background can always pick up any financial planning skill that might be required to switch. Also, like preston suggested, accounting is the language of business, since you measure in business, learn to speak the language of business
 

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