Accounting Double Major Question (1 Viewer)

[sarevok]

I want to do a double major in accounting. According to the handbook I need to do 48cp made up of 6 senior units.
The e+b site lists 5 compulsory units:
ACCT1001 Accounting IA
ACCT1002 Accounting IB
ACCT2001 Financial Accounting A
ACCT2002 Management Accounting A
ECMT1010 Business and Economic Statistics A

And four elective units:
ACCT3001 Financial Accounting B
ACCT3002 Management Accounting B
ACCT3003 Financial Statement Analysis
ACCT3004 Auditing

However, in order to gain CPA/CA accreditation I also need to FINC2001 and CLAW2001. My question is, do FINC2001 and CLAW2001 count toward the six senior units I need to complete for the double major? Or do I need to do another two elective units as well?

Edit: Another thing I don't get, here: http://www.econ.usyd.edu.au/major/3 for a finance major, three of the compulsory units are senior units, but it also states that you need to select two senior electives. Why is this necessary when you only need 4 senior units for the major?

 

[yvonne_710]

OMG............accounting double major...................u do love acct so much..haha

 

[sweetgurl]

I want to do a double major in accounting. According to the handbook I need to do 48cp made up of 6 senior units.
The e+b site lists 5 compulsory units:
ACCT1001 Accounting IA
ACCT1002 Accounting IB
ACCT2001 Financial Accounting A
ACCT2002 Management Accounting A
ECMT1010 Business and Economic Statistics A

And four elective units:
ACCT3001 Financial Accounting B
ACCT3002 Management Accounting B
ACCT3003 Financial Statement Analysis
ACCT3004 Auditing

However, in order to gain CPA/CA accreditation I also need to FINC2001 and CLAW2001. My question is, do FINC2001 and CLAW2001 count toward the six senior units I need to complete for the double major? Or do I need to do another two elective units as well?

Edit: Another thing I don't get, here: http://www.econ.usyd.edu.au/major/3 for a finance major, three of the compulsory units are senior units, but it also states that you need to select two senior electives. Why is this necessary when you only need 4 senior units for the major?

well i thought that FINC2001 and CLAW2001 both equal 8cp each. Im abit lost on this thing too.

 

[stazi]

It's going to be called Advanced Major as of next year (sounds more posh this way )
Furthermore: really. Why are you doing com (lib) if you're doing accounting double major You're so much better off going for straight commerce or even econ and getting a acounting (adv major) and finance (major) then doing 4th year honours for the subject. You'll get much better pay and employment capabilities in those industries then with Cummerce Lib

 

[ToO LaZy ^*]

i dont think you can do a double major in acct in an eco degree.
but yeah, just go for straight com.
unless youre doing lib just to look good for your CV

 

[stazi]

too_lazy, commerce (liberal studies) won't look more impressive then commerce if you're going for an accounting job.
If you're going for management, HRM, unionism, journalism, economics, marketing etc jobs then yes, Com (lib) looks impressive.
But for Financial mathematics, accounting, info systems, finance, econometrics: straight commerce makes no difference and has the benefit of completing honours in four years instead of five.

 

[Mejc]

Edit: Another thing I don't get, here: http://www.econ.usyd.edu.au/major/3 for a finance major, three of the compulsory units are senior units, but it also states that you need to select two senior electives. Why is this necessary when you only need 4 senior units for the major?

Are you talking about FINC 2001, FINC 2002 and FINC 2004 as being your three compulsory units?
If so people do either FINC 2002 or FINC 2004 not both.FINC 2002 is far the more popular of the sem 2 subjects it has about 650 enrolled for this sem, FINC 2004 about 52. So at present you do FINC 2001 and either FINC 2002 or FINC 2004 plus your two electives for a major but this number will change for next year when everything become 6 cpt

 

[sarevok]

Furthermore: really. Why are you doing com (lib) if you're doing accounting double major You're so much better off going for straight commerce or even econ and getting a acounting (adv major) and finance (major) then doing 4th year honours for the subject. You'll get much better pay and employment capabilities in those industries then with Cummerce Lib

Yeah fair point, I probably will transfer to straight commerce next year Then again, I just realised how many credit points a double major in accounting with accreditation will take up, so I may not do a double major in it at all.
In any case, can anyone answer my query about the accounting double major? and the finance major - is it just an error that the usyd site states you need to take 5 senior units whilst the handbook says you need to take 4?

edit: oic, thanks mejc

 

[Mejc]

For FINC atm for the current yr yes the way it is set out in the site is confusing and misleading but as i said earlier the number of elective you have to do will increase for a single major






EDIT: just saw you post updated lol NP happy to help