Commerce-Accounting/Law VS Commerce/Law (1 Viewer)

[miss-smexy]

What is the difference? is there an advantage to do one over the other?

 

[Luke!]

B.Commerce-Accounting is for those that specifically want to become a qualified CA or CPA after they graduate. It also means that you must major in accounting within that degree.

B.Commerce is more general, you'll probably be able to choose more electives and you're free to major in other areas like finance or marketing.

Only do B.Comm-Accg if you really want to become a qualified Charted Accountant after you graduate, if you want to focus more of the law side of things, just do the B.Comm degree.

 

[Supra]

B.Commerce-Accounting is for those that specifically want to become a qualified CA or CPA after they graduate. It also means that you must major in accounting within that degree.

B.Commerce is more general, you'll probably be able to choose more electives and you're free to major in other areas like finance or marketing.

Only do B.Comm-Accg if you really want to become a qualified Charted Accountant after you graduate, if you want to focus more of the law side of things, just do the B.Comm degree.

QFT. The above shows you the outcome of each option. The law would be the most important part of your double regardless of what you choose.

N.B A good grasp of accounting is always required so if you choose straight Commerce, do not neglect ACCG units completely.

Some finance subjects are too theoretical (Efficient Market Hypothesis etc.)

 

[miss-smexy]

QFT. The above shows you the outcome of each option. The law would be the most important part of your double regardless of what you choose.

N.B A good grasp of accounting is always required so if you choose straight Commerce, do not neglect ACCG units completely.

Some finance subjects are too theoretical (Efficient Market Hypothesis etc.)

what do you mean by that law would be the most important part? Is law cut down at all if i did comm-accounting/law vs just com/law?

 

[Luke!]

I think what he's saying is that you should structure the second degree so that it best compliments your law degree, and I would agree with that completely. There's no point in combining the two unless they compliment each other.

And what do you mean by 'cut down'? They'll still go for the same length and you'll still have to do all your legal studies units within the law degree.

Basically, if you want to do law and also focus *SPECIFICALLY* on accounting, do B.Comm-Accg, if you want to do law and do a more general business degree, do the straight B.Comm.

If I was in your position, I wouldn't choose the B.Comm-Accg degree unless I specifically wanted to have the option of becoming an accountant after I graduate. So do you want to be a lawyer or an accountant? Or do you want the option of being either one?

It comes down to this, if you do B.Comm-Accg you must choose accounting as your major, if you do the straight B.Comm you may choose to major in finance, marketing, accounting, economics, statistics, et cetera.

You might also want to look into combining your law degree with a Bachelor of Business Administration. I don't know much about it, but it seems to be a very popular combination among the law people.

 

[miss-smexy]

ohhh thanks luke!

So i guess it's only good if you're sure that you want to become a qualified cpa/ca accountant - whereas if you are not sure if you want to become a lawyer or an accountant (which is my case) then it'd be better to do just comm/law?

I think I would rather be a lawyer than an accountant... but then if i did comm-accounting/law that wouldn't hinder me from becoming that right? ... it would just mean i'd be specialising in accounting?

and also, does that mean by doing that degree, I wouldn't need to do the CA program afterwards because I'd already be qualified with that upon graduating from uni?

 

[Luke!]

By doing the B.Comm-Accg degree it actually means you *CAN* do the CA/CPA programs after you graduate. They require that you do certain units within your degree and that's why the B.Comm-Accg degree is there. Generally, only people who've done the B.Comm-Accg degree are allowed to do the CA/CPA programs, although I'm sure there are probably post-graduate bridging programs for those who haven't done the B.Comm-Accg anyway.

If you aren't sure, you can always do B.Comm-Accg/Law, then you'll have the option to go down either path, it's a *slightly* odd combination (nothing wrong with that!), but it shouldn't hinder you at all. If I was you though, I'd just do plenty of research before I chose one. Talk to more people doing both degrees and research both professions more. Remember, there's no point in doing a degree if you're not going to enjoy the job it lands you.

Anyway, you've always got the option to change degrees even after you've started, it's not like you're locked into it for the rest of your time at uni. If you do choose the B.Comm-Accg degree, try and do Accounting 1A in your first semester, that'll give you a taste of what accounting is all about.

As I said, also research the BBA/Law double. As far as I know, BBA is a generalist degree that's designed to give you a general understanding of all the aspects of business, and it tends to be a popular choice for those wanting to go into some kind of business law role.

http://www.handbook.mq.edu.au/areasofstudy.php?edition=2007

The handbook is a good place to start your research.

 

[miss-smexy]

By doing the B.Comm-Accg degree it actually means you *CAN* do the CA/CPA programs after you graduate. They require that you do certain units within your degree and that's why the B.Comm-Accg degree is there. Generally, only people who've done the B.Comm-Accg degree are allowed to do the CA/CPA programs, although I'm sure there are probably post-graduate bridging programs for those who haven't done the B.Comm-Accg anyway.

If you aren't sure, you can always do B.Comm-Accg/Law, then you'll have the option to go down either path, it's a *slightly* odd combination (nothing wrong with that!), but it shouldn't hinder you at all. If I was you though, I'd just do plenty of research before I chose one. Talk to more people doing both degrees and research both professions more. Remember, there's no point in doing a degree if you're not going to enjoy the job it lands you.

Anyway, you've always got the option to change degrees even after you've started, it's not like you're locked into it for the rest of your time at uni. If you do choose the B.Comm-Accg degree, try and do Accounting 1A in your first semester, that'll give you a taste of what accounting is all about.

As I said, also research the BBA/Law double. As far as I know, BBA is a generalist degree that's designed to give you a general understanding of all the aspects of business, and it tends to be a popular choice for those wanting to go into some kind of business law role.

http://www.handbook.mq.edu.au/areasofstudy.php?edition=2007

The handbook is a good place to start your research.

ohhh i see. well ill go to the mac open day to find out more and to see if i like the campus and uni!

People say that the business and commerce degree is pretty much the same. Which one is valued more and what is the difference - even though business is more general, what are the advantages of doing each one in terms of employment later onwards?

 

[Luke!]

Some people will always try and argue that one is better than the other. I wouldn't necessarily agree with that. Commerce is probably more easily recognised by employers, so to be honest, you might be better off going with that.

But your employability will come down to a lot more than just your degree, it'll be your marks, personality, extra-cirricular activities, interpersonal skills and speaking ability, et cetera.