Technically banking falls in as part of finance so the comparison here is accounting or finance.

Normally it comes in a pair, as in Bsc in Accounting and Finance. But there is also times you see that people only do accounting, or only study finance. Like myself I'm a finance major but I do have accounting subjects as it can be said that you can't actually study finance without understanding accounting first (I'm leaving management and economics out of question).

And on thing to note that Finance could be considered as a quants heavy subject (eg financial economics, financial engineering), but never for accounting.

I think it's better to find out what you like first then study it instead of thinking about a just incase plan (eg you were asking for career scope)

I'll assume you' don't have a degree, as you mentioned not completing diploma. you can always do ACCA for accounting or CFA for finance (of course there are other professional paper). But do keep in mind that you can't be a CFA candidate until you're at the final year of your degree, or with work experience (?) as this is CFA is considered as level 7 (masters level). You can start ACCA right after your pre-u.

I don't think I answered your question. But my tips are to study the course module, and see which attracts you the most. and keep in mind that whatever subject you study doesn't necessarily guarantee that you'll work in that field. like for example I've got alot of friends who studied in STEM ended up in the FAME industry. Lastly, go and do more research, on what does a bank/accounting firm do on a daily basis, the types of division /sectors, FO/BO and such. Google is helpful 😜.

Easier to switch = more new entrant = high competition. (my opinion, backed by no evidence)



This post has been edited by eddydo: Jul 22 2017, 05:38 AM

Why is that considered a risk? You're afraid you won't like it or what? I think 90% of people who enters a diploma/degree doesn't have past experience in accounting (same applies to any other subjects).

eg I could have maths English chemistry and bio for a levels but choose to do accounting in my degree etc.

If that's the case, you can always minimise and take calculated risk by reading a few accounting /finance textbooks and see if you've got interest in it.

Your searches are just barely touching the surface. Think about what you want to do in the future, and then start planning how to get there; instead of planning what to do now and see where it leads you to in the future.

And again, you don't have to have a finance background to enter the finance industry (especially IB) since you mentioned banking. not too sure about accounting. Why? Search it up.

This post has been edited by eddydo: Jul 22 2017, 07:11 PM