Since it is the first time for me to use tumblr, the blog I follow is limited. I will try to make sure that the blog I follow is all about the business or finance topic so it will have some connection with my blog's theme. Hope that you can find something interesting in it! Just notice the right volume of my blog! ââââââââ
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An accounting degree is useful for those going into auditing, tax accounting, investing and private practice. Find out how to use an accounting degree with helpful information from a practicing CPA in this free video on finance jobs.
The video is cited from youtube and the hyperlink is http://www.youtube.com/watch?v=_LoJUGZQnUg
The following are the resources I found on the Internet or from the book and I add some thought of mine. Hope it can help you!
T-Notes: Major Direction
âFinance Degree vs Accounting Degree: Just what is the difference?â petersons.com. Petersons, n.d. Web. Oct. 2, 2012 notes: Review title capitalization rules. Make sure that thereâs no copyright or revised by date before using n.d. I looked and at the bottom of the homepage, it says the copyright is 2012. The date is written day month year, like 2 Oct. 2012. And, a period ends the citation. Please review all your citations for these rules.
âWell, this one's a toughie. A lot of the time, someone who earns an accounting degree can actually work in the fields of finance, and vice cersa, but this isn't always true. If you know specifically that you've got an interest in the subject matters that would fall into the domain of finance or accounting, as described above, then it should be a pretty clear choice. But if you donât know with certainty that you're interested in either an accounting career or a finance career...â (âFinance...â).
My thoughts
The comparison between earning accounting degree or finance degree is very useful. It provides me a clear understanding of accounting and finance. Which do you think you find more appealing based on these definitions, and why?
2. My source
Pritchard, Robert E., Gregory C. Potter and Michael S. SaccucciâThe Selection of a Business Major: Elements Influencing Student Choice and Implications for Outcomes Assessment.â Journal of Education for Business Vol. 79, Iss. 3, 2004. Taylor & Francis online. Web. 3 Oct., 2012. Â Review punctuation. And review how to present the volume and issue numbers: 79.3 (2004).
â1. The types of positions available and career opportunities for graduates of each business major; 2. The personal and professional attributes needed for success in each position. 3. The general (liberal arts) and management-specific knowledge and skills required of all students, both by the larger institution and, more specifically, the business school; 4. The particular knowledge and skills required for students in each business majorâ (Pritchard).
My thoughts
I should consider several points about choosing major in my article. This source likes a list of points.
3. My source
"Success After Graduation". cms.bsu.edu. n.p. n.d. Web. 2 Oct, 2012. Wouldnât the publisher be Ball State University? And if so, they last copyrighted their work in 2012.
"That's another great reason to study accounting at Ball State. You stand a good chance of landing a great job when your studies are complete. Placement rates are high among our accounting graduates, in part because of the quality of the program and in part because of the solid connections between the department and the real world. Immediately following graduation, most Ball State accounting students can be found in junior staff positions. Many start their careers with public accounting firms and move quickly from junior to senior to managers" (âSuccess...â).
My thoughts
Actually I have a lot of interest in accounting, which is also called financial analysis. One of the reasons is that I probably can get a job position after graduating since the placement rate is high.Â
4. My Source
Tolentino, Sally. "Choosing a Major in Finance." Ezinearticles.com. Ezine articles, January 8, 2010. Web. 26 Sept. 2012.Â
"Your major will decide for you what profession you would like to go into, but picking a certain major, finance, could be the most useful and important decision ever made during your college experience. Finance is used in almost every career and used on a day to day basis. Some students select a major that has no relevance to their future, while Finance is used everywhere. Choosing Finance as a major will benefit your future entirely, but that decision is up to you" (Tolentino).
My Thoughts
I know there are many advantages on choosing finance as my major. I had already considered about my future when making the decision. So whatâs next? I should make the choice from three concentrated options: business finance, financial planning and investments or financial analysis?
5. My source
Worthington, Andrew C., and Helen Higgs. "Factors Explaining The Choice Of A Finance Major: The Role Of Students' Characteristics, Personality And Perceptions Of The Profession." Accounting Education 12.3 (2003): 261-281. Business Source Premier. Web. 30 Sept. 2012.
âA recurrent theme in the literature is that â⌠students choose specific majors which they see as compatible with their particular personality styles' (Saemann and Crooker, 1999, p. 2). Myers and McCaulley (1985), for example, have shown that the business major in general is not of particular interest to creative individuals who are more attracted to the liberal artsâ (Worthington).
My thoughts
This is the point that I never think about before, personality. Now I realize that it is important when making the decision of major.
ăăăAs I mentioned before, what I need to do first is to have a general understanding of each major. This is very useful for me to compare the difference of them and get a clear thinking. Business finance focuses more on the macro-economics. Through study, I summarized that business finance is about the general operation and future development planning of business, which put more emphasis on big enterprise or even governments. Financial planning or investments and financial analysis study more micro-economic knowledge. Financial planning or investments talks about the personal asset planning and the assessment of personal investment risk. Financial analysis, also referred to as accounting, focuses on the operating period of data and records and keeping the balance of finance. The comparison between earning accounting degree or finance degree I find is very useful for me. Accounting degrees are more useful after graduating than finance degrees, because we can find the specific position available in a company for accounting. âA lot of the time, someone who earns an accounting degree can actually work in the fields of finance, and vice cersaâ (âFinance...â). According to that, I begin to find that accounting seems to be agood choice, but I can not make the decision so far.
ăăăWhatâs more, there are still many other important factors I should consider about after the first step. For example, âThe types of positions available and career opportunities for graduates of each business majorâ (Pritchard, Potter and Saccucci). We cannot ignore the future development of ourselves, because the first thing we should do after graduation is to find a job. Also, according to what I find on the BSU website, accounting major seems better in this aspect.
âYou stand a good chance of landing a great job when your studies are complete. Placement rates are high among our accounting graduates, in part because of the quality of the program and in part because of the solid connections between the department and the real world. Immediately following graduation, most Ball State accounting students can be found in junior staff positionsâ (âSuccess...â).
Finding a position which has closely connected with my major in the university is good for better performance on the job, because what I do during working will be familiar to me. Also, I do not need to learn something totally new, which will makes the work harder and harder. âThe personal and professional attributes needed for success in each positionâ (Pritchard, Potter and Saccucci). This point made me realized that there is another way to go after graduation: we can continue making research on our major and to be the professional of the  major field. The personality also should be considered seriously. Actually, this point is the one which I never think about but until this project. I find this point when researching information on the Internet. There is a sentence in one article, âstudents choose specific majors which they see as compatible with their particular personality stylesâ (Worthington). People with different personality should choose different kinds of major, which are more suitable for him or her. Reflecting to my topic, I think people who are very patient and have a good ability of dealing with data problems prefer to choose financial analysis as their major. People who prefer to control and manage everything as well as have the courage to risk can choose the financial planning or investments major and business finance major. After finding this, I find actually I am the person of this type. I am thinking about choosing accounting seriously.Â
ăăăAfter doing research and analysis like I mentioned before, I have finally made the decision of the direction in which I am taking my major. I am sure that I will choose the financial analysis major in my senior year. Since now I am taking some accounting courses, I find I have much more interest in accounting, and I feel I can have a further study on it. The course I am taking now is the principle of accounting. I find myself never feeling bored in class, and I am willing to finish any problems or exercises of accounting. Personality is another reason why I choose the accounting major. I think the personality of myself is suitable for accounting. I am not the person who prefers to try some risky things. The spirit of risk is not shown in my own personality. Also, it will make me feel confused if I control too many things at one time. Patience is a major part of my personality. I always solve problems slowly and seriously. I will not miss any of the mistakes that could happen in the work.
ăăă
   To sum up, I feel I have learned a lot from this project. I am satisfied with the action plan I planned totally. I think my decision can finally be made due to the steps I have taken during the process. My steps are in perfect order, which improves my thought much clearer. And because of the steps, I do not need to worry about whether I forget something important to consider or not. Last but no least, during the action plan, I have learned the method of making a big decision. I need to identify the problem first, and then search information and sources about the problem by different ways. After that, narrow the problem and begin to prepare the outlines to organize my thoughts. Finally, I should show all of my ideas and opinions in one essay. This project sets a great example for my future study life. When meeting problems or decisions in study or in daily life, I know how to figure them out with some steps. In detail, I have learned some method to improve the efficiency of study, such as making T-notes and using university library online search.
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My name is Lu Cao, and you can call me Jenny. This is my first tumblr! From now, I will share some information about choosing major within finance since I am facing with the same problem now. I will post articles, or images, or website links whenever I find something useful. I will try my best to make the stuff interesting without boring others! Hope it can help people who also have the same problem with me!
Jenny Cao
Which finance major to chooseďź @jennylucao - Tumblr Blog | Tumlook