Login

Welcome, Guest. Please login or register.

March 29, 2024, 11:32:28 am

Author Topic: Is Vce Accounting necessary for commerce (finance and accounting major)?  (Read 4082 times)  Share 

0 Members and 1 Guest are viewing this topic.

jmosh002

  • Guest
Hi all,
Is Vce Accounting necessary to do well in commerce, majoring in finance and accounting?

TrueTears

  • TT
  • Honorary Moderator
  • Great Wonder of ATAR Notes
  • *******
  • Posts: 16363
  • Respect: +667
0
Nope, I didn't do anything related to commerce before my commerce and I think I'm going just fine, rather than doing VCE accounting, I think having a strong mathematical background is quite important to do well in a finance major.
PhD @ MIT (Economics).

Interested in asset pricing, econometrics, and social choice theory.

taiga

  • Honorary Moderator
  • ATAR Notes Legend
  • *******
  • Posts: 4085
  • Respect: +588
0
Nah just be competent with maths and logical thinking and you're fine
vce: english, methods, spesh, chemistry, physics, geography.

ex admin/mod/partner

2010: Melbourne High School (VCE)
2011 - 2016: Monash University BComm/BEng (Hons)


If you guys have any concerns/suggestions for making ATARNotes a better place, don't hesitate to PM me.

aes_999

  • Victorian
  • Forum Leader
  • ****
  • Posts: 704
  • Respect: +47
  • School: Melbourne High School
  • School Grad Year: 2011
0
Hi all,
Is Vce Accounting necessary to do well in commerce, majoring in finance and accounting?


Not necessary. But it'd really help to do well on the compulsory first year accounting unit at uni.
That'd be Principles of Accounting at Monash, or ARA at Melbourne.
Cause I can tell you man, 30% fail rate for the one at Monash.
B.Comm / B.Eco @ Monash 2012 - 2015

Research Assistant, Faculty of Business and Economics, Monash University

sam.utute

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1412
  • Connecturer.
  • Respect: +46
+2
Hi all,
Is Vce Accounting necessary to do well in commerce, majoring in finance and accounting?


Not necessary. But it'd really help to do well on the compulsory first year accounting unit at uni.
That'd be Principles of Accounting at Monash, or ARA at Melbourne.
Cause I can tell you man, 30% fail rate for the one at Monash.
Yep, only helps for the first 6 weeks of the intro to accounting unit. But it's manageable without it.

Greatness

  • Victorian
  • ATAR Notes Legend
  • *******
  • Posts: 3100
  • Respect: +103
  • School Grad Year: 2011
0
Hi all,
Is Vce Accounting necessary to do well in commerce, majoring in finance and accounting?


Not necessary. But it'd really help to do well on the compulsory first year accounting unit at uni.
That'd be Principles of Accounting at Monash, or ARA at Melbourne.
Cause I can tell you man, 30% fail rate for the one at Monash.
Yep it definitely helps to have done it especially for ARA. Fail rate for ARA is like 30% or something as well from what I heard, could be more not sure. If you want to do well then you need to put the effort in to learn everything properly and you'll be doing most of that yourself!

golden

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1065
  • Sharpshot
  • Respect: +102
  • School: VSC
  • School Grad Year: 2011
0
No for the finance side, you might find it hard if you haven't done accounting for the accounting side though from anecdotal evidence from others.
2014: Microbiology/Immunology Major.

Thanks to (alphabetical order):
2010: appianway. 2011: Kamil9876, laseredd, xZero. 2012: dc302, harper, marr.
Multiple times: pi, Russ, stonecold, TT.

sluu001

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 456
  • Respect: +28
  • School: University of Melbourne
0
I didn't find my 1st yr introductiry accounting subject that difficult even though I did not do any accounting in high school. I think where most students fall down is when they do not actually put in the practice of constructing balance shets, pl statements and cash flow sheets before the exam - it's amazingly difficult to make put the right entities in the right places without practice. Having said that, my lowest mark for 1st year came from my 2 accounting subjects :(.