Accountant or Financial Adviser?
i cant decide whether to take a degree in Accounatcy or take up a degree for becoming a financial adviser Can people please tell me which would be the best carrer in thier opinion and if i could be an accountant and then an financial adviser
Financial Services - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You will understand the role of financial advisor better with an accounting degree. Financial advisor is a sales position, accounting is a numbers position.
Answer 2 :
Get a double major then sit for your CPA.
Answer 3 :
To be a financial advisor you don't need a degree so it is the easier route of the two, and more lucrative if done offshore. Accountancy is more to do with crunching numbers. A finanacial advisor requires more interpersonal skills.
Answer 4 :
Your career will take off faster if you have a CPA or similar certification. A CPA could easily become a financial adviser later in life if they so choose.
Answer 5 :
I am at a very young age and I just recently got a job as a Credit counselor which is almost like a financial advisor and obviously did not need any kind of degree to take the job. Im sure with an accountant degree you have more job opportunities than just being a financial advisor.
Answer 6 :
Depends where you want to be in your maistream career. Degree in accounting and degree in finance have some similar start in initial stage of career, but it differs in the mid and mature career stages. You don't have to obtain either degree to be a financial advisor. What if you try finance degree and then obtain CFA? Try it, you will have glittering career in investment field.
Answer 7 :
You will have better opportunities later on if you decide to train as a chartered accountant. Once you qualify for your ACA/ACCA/CIPFA etc.. your salary will probably double at least. You can get all the training paid for you if you join a public practice company, like one of the Big Four. Accountancy is probably more prestigious than being a financial advisor as you don't need a degree to be a financial advisor. Financial advisor role is more of a sales job aswell. Futhermore, after you have your ACA/ACCA etc.. you can work in industry i.e for big investment banks or blue chip mutinationals and earn a lot of money. Be warned however, training to be a chartered accountant is not easy, thus a good academic background is needed to get on one of the training contracts. Btw you do not need a degree in accountancy to be accepted on to a training contract. Most ppl in the big four come from backgrounds other than accounting. However you most probably need a 2.1 degree plus good A levels to stand a good chance of being accepted.
Read more other entries :
