Yeah seriously, don't go into a job just for money or stability, you'll hate it.
My uncle is/was an accountant but now he's a VP for a large company and he loves his job.
My other uncle is a CA and has his own home accounting business, he barely works and makes good money. I think he likes it mainly because of it's flexibility though.
Thread: Accounting or Engineering?
01-12-2010, 09:01 PM #31
01-12-2010, 09:01 PM #32
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01-12-2010, 09:07 PM #33
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Have you thought about what kind of engineering you'd enjoy the most? If not, look into materials science engineering. With the nanotechnology field booming it's a good investment."It is far better to grasp the universe as it really is than to persist in delusion, however satisfying or reassuring."
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01-12-2010, 09:07 PM #34
01-12-2010, 09:26 PM #35
I'm wrapping up mechanical engineering this term and my girlfriend is wrapping up accounting with a job at one of the big 4 accouting firms. Engineers start with a much higher salary, as accountants need a CA (in Canada anyway) before they get some good pay raises. Accountants have a higher top out on average, but it is a totally different lifestyle. Engineering is quite tough while in school, but out in the work force most engineers put in the 37.5 hours a week and go home. I would not describe a career in engineer as a stressful job (some exceptions). Accounting seems to only get more stressful as you go along. When accountants graduate, most work full time and then also go to CA school full time. They also put in mad hours of unpaid overtime, especially during tax season. I've never heard of uncompensated overtime in engineering.
An important thing to remember when considering different careers is lifestyle. Obviously, lawyers make a lot more than both of these careers, but most lawyers work way more than 37.5 hours a week. I'm sure many lawyers put in 50% more time a week than an engineer. But they can buy more things. However, time can be more valuable. How much of your life are you willing to sell to a company for something you don't fully enjoy? I will agree with you that you don't need to fully love every minute of your job, and you don't need to make your favorite hobby a full time job, but you still must enjoy a lot of it because it is your life.
01-12-2010, 09:27 PM #36
01-12-2010, 09:33 PM #37
01-12-2010, 09:36 PM #38
01-12-2010, 09:38 PM #39
01-12-2010, 09:41 PM #40
01-12-2010, 09:41 PM #41
01-12-2010, 09:43 PM #42
01-12-2010, 09:44 PM #43
01-12-2010, 09:46 PM #44
01-12-2010, 09:50 PM #45
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OP, how are you paying for going back to school?
The Pain of Discipline, or The Pain of Regret. Take Your Pick.
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01-12-2010, 10:13 PM #46
01-12-2010, 10:19 PM #47
01-12-2010, 10:22 PM #48
01-12-2010, 10:23 PM #49
01-12-2010, 10:30 PM #50
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01-12-2010, 10:33 PM #51
I'm an Accounting major, 4th year, and I can tell you accounting is the way to go. I think Engineering is a profession with a high risk of being outsourced. I was considering software engineering myself as a major until I talked to my cousin who has his P Eng and he recommended against it. Same with one of my friends who works as an Electrical Engineer and actually came from India. People from India and China are coming over and taking so many jobs in the engineering field. It pays the most out of uni for sure, but in the long run I'd be a bit cautious of job stability and opportunities.
Accounting is very useful, and with globalization happening at such a fast pace, having business knowledge will be very helpful. Not necessarily the technical aspect of it, such as preparing a tax return, but management and leadership exp you gain from working in a public practice firm for example. I myself plan to go into management after graduation. Low risk of being outsourced, and there will be a huge demand for skilled managers in the future imo.
Anyways this is just my opinion, I'm not bashing engineering. Engineering is a very tough degree to obtain and I respect that. I was going through the Accounting vs Engineering dilemma myself and the above explanation is why I chose accounting.
Hope this helps. PM me if you need anymore info regarding Accounting.
01-13-2010, 06:47 AM #52
01-13-2010, 07:21 AM #53
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As an accountant I can tell you, you will be bored to tears. You'll have potential to make bank but only if you want to be further bored. Study for CPA (year of your life), work at an accounting firm putting in 70+ hours doing boring work, then get promoted and continue to do boring stuff with about the same hours.
If you go the Governmental route the hours are better (pay obviously is less), but it's still boring as hell. I don't know that I would recommend accounting to anyone unless they are absolutely focused on working tons and hating their life.
01-13-2010, 11:05 AM #54
There are some programs that you can go right into a masters in engineering.
Last edited by jp8811; 01-13-2010 at 04:29 PM.
01-13-2010, 04:30 PM #55
01-13-2010, 04:34 PM #56
Engineering for sure. Business and accounting are the majors that all the engineering student dropouts go into, eventually that market will be flooded and it will become very hard to get a job. I garuntee the job market for chemical and electrical engineering will never be over saturated. Bioengineering already is, civil is getting pretty close. Not sure about mechanical, there are always tons and tons of students in there, at the university I attended there were like 150 mechE grads compared to 30 chemE grads.
Awesome thing about engineering right now, is that in the next 10-15 years there is going to be a huge shortage because all of the baby boomers will be retiring. This will force employers to promote the engineers of our generation to management positions, so we'll all be making hella bank in our early 30's.
Last edited by mriches; 01-13-2010 at 04:36 PM.
01-13-2010, 04:39 PM #57
01-13-2010, 04:40 PM #58
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