Major in Industrial Engineering or Accounting?
Question by Nicholas: Major in Industrial Engineering or Accounting?
I am a high school student and my parents are practically forcing me into majoring in some type of engineering in college even though I absolutely hate chemistry. I have the most trouble with the subject no matter how much time I spend on it and even after going to tutors, etc.
I am a lot more math / social studies inclined than science inclined.
I am interested in integrated systems, finance, economics, business, and technology. In my spare time, I tend to read magazines such as “Money” or “The Economist”. Have not picked up a copy of “Popular Mechanics” more than 3 times.
Through my research, I found that the salary for Industrial Engineering graduates is greater than accounting graduates. I have seen that accounting graduates are actually underpaid… If this is true, then my parents would have another reason to force me into engineering. Their concern is for me to get a stable job after college and get an above average salary.
Basically everyone on my dad’s side [uncles and aunts] majored in something science related, and they are mostly in the medical field. [My dad is a doctor.].
I think that accounting would come in handy when managing my own finances compared to industrial engineering, but I also think that industrial engineering would make me more of a benefit to the world compared to say, Investment Bankers. Also, most accounting majors make less than industrial engineering majors. However, I find this to be inconsistent with how things are today:
In high school, I know two friends whose dads are engineers. One’s a software engineer, and one is either a mechanical engineer or industrial engineer. I have another friend whose dad is a financial advisor / planner. My friend with the dad who is a financial planner is more well off than my other two friends…
My personality: I’m an introverted geeky guy. I’m not really into sports, as the only one that I play in high school is tennis. So which of the two career fields would I be OK in, or suffer in?
I don’t know which one would be better for me… Please help… Also, which one is considered a “smart person” major? I’ve heard that most business majors are usually jocks who did a little bit over OK in school or social mavens. Is that true?
Answer by 2012doomsday
both job environments are the same…you work in a cubicle for 8 hours/day with minimal social contact. The difference here is stress, stability and difficulty level. In university ENG. first year it’s much much harder, you have to take calculus, physics, more math courses than accounting which results in a 50%+ drop out rate. Most of these really smart students enroll in accounting so they’re not jerk offs and are the most nerdiest guys u’ll ever meet. Each progressive term gets harder with engineering but remains the same with accounting.
SALARY: The starting salary for engineering($ 60,000) is much more than accounting($ 50,000) but your salary increases when you gain more experience with the company. Accountants will make more than engineers in the long run if they acquire the CGA, CA license but not many ppl aim for it. Here’s the max salaries of both professions: P.ENG:150-180k CGA: 200-250k regular accounting: 110-120k however this depends on the type of engineer “mining + petroleum engineers” can make 250k-350k.
STABILITY: There will always be a need for accountants. Every company/government/organization needs to find the best cost effective way to fund projects and programs so they won’t overspend their budget. Everyone’s income tax file must be validated by an accountant. For engineers there will always be jobs but your salary depends on which industry is booming, engineering provides much much more opportunities your skills expand into many different fields. Employment: Both have good job prospects but ENG has more
STRESS: For accountants the job get’s really dull and very repetitive, you barely leave the cubicle and stare at a computer screen for 8 hours. The period before tax season is quite relaxing and short work hours it’s when tax season starts you have to work overtime to crunch numbers. Engineering requires huge responsibility and is much more stressful, if you’re making a bridge you want to make it very durable or else it’ll fall apart killing ppl, you’ll go to jail and get your license revoked(if you take civil engineering). It’s much more interesting and you don’t sit in a cubicle all day, get to visit the field or labs to do testing. Much more demanding have to do tests over and over again to make sure the product is not dangerous and functions well(imagine having to check every electronic product on the assembly line). If a product or project is faulty you’re going to get blamed for it. Prepare to work overtime and keep up a good performance everyday to complete a project on time.
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