July 04, 2008

What is the difference between a career in Finance and a career in Accounting?

Q. I am thinking about going back to school to get a BS in Business Administration.
I would like to know what the difference is in careers in Finance and Accounting. Has anyone had a career in either field? What I want to know is:
What did you think of your career?
What did you do all day in Finance or Accounting?
Did you find it exciting or really boring?
For a career as a Financial Planner or Financial Advisor, do you work off of commision only?
Any information would be very helpful. Thanks.

A. a B.S. in Bus Admin is a useless degree
Finance is more banking/credit/loans/mortgages related
accounting is number crunching, financial statement prep, auditing
accounting is generally boring repetitive, often stressful
haven't worked in Finance field
FP/FA - mostly commission or salary with sales quotas - cold calling

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