Should choose to study finance

In recent years, finance - banking or accounting have brought candidates great job opportunities and attractive salaries right after graduation.

However, many people still wonder whether to choose to study finance - banking or accounting, because these two majors both recruit natural science students but have different characteristics and features.

The finance - banking and accounting sectors have many different characteristics. (Illustration: N.A) — The finance - banking and accounting industries have many different characteristics. (Illustration: NA)

Information about finance - banking and accounting

Finance and banking is a broad field of study, related to all financial transaction services, circulation and currency operations. This field of study can also be divided into many different specialized fields such as banking, corporate finance, tax finance, insurance finance.

When pursuing the field of finance and banking, students will be provided with knowledge from basic to advanced about finance - currency, commercial banking operations, financial investment, tax policy, state budget management, etc.

In addition, you will also be trained in skills such as analysis and forecasting related to finance and currency to make decisions in financial management, financial analysis and investment in the stock market as well as other necessary soft skills.

Meanwhile, accounting is a profession related to the management and processing of financial information in an organization or business. Accounting helps record, analyze and report on the financial situation of an organization, helping managers understand the business situation and make informed decisions.

This major will undertake main tasks such as: Accounting records, financial data processing, financial calculations and reporting, compliance with regulations and standards, financial consulting. At the same time, play an important role in organizations and businesses, ensuring transparency and reliability in financial management.

Should you choose to study finance - banking or accounting?

From the above information, we can see that finance - banking and accounting are two fields of study with their own characteristics, requiring different skills and expertise. However, between these two fields, there is one thing in common: it requires you to be sensitive to numbers and calculations. At the same time, you need to be careful and meticulous. Because even a small mistake can lead to serious consequences.

In addition, when considering whether to study Accounting or Finance - Banking, you should also find out whether the job opportunities in these two majors after graduation are great. According to the report "Human resource demand in Vietnam 2018" from Vietnamworks, Accounting and Finance - Banking are both in the top 10 majors with the most abundant recruitment needs, creating easier job opportunities for new graduates.

Salary consideration is also an important factor. According to information from the article on the Hoa Sen University website, the salaries of these two majors are generally quite high compared to the average, depending on position, experience, and region. The salary will also change depending on the year and the job position you apply for.

From all the above information, candidates can partly answer their concerns about whether to choose finance - banking or accounting. And which major to choose will depend on each person's interests and abilities. If you have passion, constantly improve your abilities and experience, studying any major can bring attractive income and high promotion opportunities.

Tuyet Anh (Synthesis)

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