Ok thanks, just tossing up between Economics or Managment to go with Accounting major
Anyone if majoring in Management, what's it like in terms of career pathways?
the most common double major sequence is accounting/finance (because of their similiarity), with the second and third being eco/finance and then management and marketing.
most of this is because of the alignment of interest in these combinations. ie; if you like numbers, youll like acc/fin, if you like logical deductions with some legit math, youll like eco/fin, if youre wordy and qualitative, mgmt/marketing
in general though, accounting/economics tends to be the most employable combination, although its an uncommon (though not rare) combination, mostly because they both tend to cater to different people. before I elaborate more on why its the most employable, ill first answer your question about management major jobs.
the most common high achieving pathways for managment majors is management/strategy consulting, and academia. alot of mgmt majors do one of those two. the most common outcome in general however is probably doing brand management for a firm, or entering a management trainee position in some big asx200 company or something, or doing something to do with supply chains or logistics or HR.
the management major however is generally NOT a pre-requisite for these jobs. the pathways that management majors pursue are generally open to all commerce grads (apart from some supply chain, logistical, and most HR jobs). people usually major in management because they really enjoy it, are really good at it (and double major and use it as a wam boost), or because they wanna do management research (which is a HUGE field btw). so if you really enjoy management, then by all means pursue it, because there are definitely some viable and enjoyable pathways for you.
now reverting back to the statement about accounting/economics, these 2 majors are the 2 majors that open up the most doors. barely any jobs specify that ONLY a management major as a requirement, and same goes for finance (lots of jobs say that finance majors can apply, but they usually have the door open for accounting/eco majors too). marketing kinda is exclusive but it's a smaller field than eco and acct and alot of people really start to hate it in 2nd and 3rd year, and we will leave out actuarial for the purpose of this discussion.
however, HEAPS of jobs require you to be an accredited accountant, ie: have an accounting major. this major also qualifys you for pretty much any grad level finance job, and most of the 'generalist' jobs that management majors go for. this is probably not news to you. eco also opens up heaps of options as many many many jobs require an eco major and only an eco major. lots of research positions, jobs in government departments, in house economists, etc. and they also pretty much qualify you for any of the logical thinking jobs that accounting might not necessarily qualify you for (think consulting and strategy). eco also opens up a couple more doors in the finance world in things like market forecasting etc. that finance grads can do but accounting grads usually dont end up doing
as such the acct/eco combination is probably your best bet, unless you really really like management and you are pretty content with the jobs that accounting offers you (bc the best case scenario outcomes for management majors are quite competitive), in which case acct/mgmt would be great. theyre also pretty complimentary showing you can be qualitative and quantitative.
i did alot of resume screening during my internship, i should make a longer post about deciding between commerce majors somewhere... maybe i'll do it when procrastinating in SWOTVAC LOL
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