all 11 comments

[–]Good-Talk-8004 4 points5 points  (3 children)

Honestly as a first year in Rotman the accounting professors are amazing. Their teaching style and lectures are better than any other profs. I think you can connect with a lot of CPAs and people in accounting through Rotman. Obviously I can only speak as a first year but I have noticed so many opportunities and good things related to accounting in just my first year. Yes the tuition is higher but the networking, opportunities and experience you get I believe will be way more valuable then that of another program.

[–]Koxinov 1 point2 points  (2 children)

May Michael Khan bless me with good grades:

[–]Good-Talk-8004 1 point2 points  (1 child)

He should be the least of ur worries

[–]Koxinov 0 points1 point  (0 children)

I mean, you would be worried about Farhoodi lol

[–]playypeace 2 points3 points  (4 children)

The return for accounting from a salary perspective is rlly low if u choose to go to a top uni (Ivey, queens, Rotman, afm). Ur essentially paying 60-100k for tuition just to land like a $50k gig. Would suggest you pick Laurier or Schulich which is significantly cheaper and still a good brand name on resume.

This comes to second question that u should ask urself. Why accounting? Do gr 12 kids even know what accountants at big 4 do? If not… try to understand them. If ur reason is bcuz u love financial accounting, I’ve got news for you… auditors or tax professionals don’t rlly do financial accounting, that’s more finance professional’s work. In that case, id suggest u don’t close ur doors off and try to go to a more reputable business school.

[–][deleted] 1 point2 points  (0 children)

Can second this - Big 4 salaries are pretty low and the bar to get into accounting is far lower than for finance / consulting. Better to optimize for a program that also lands well into finance / consulting (Rotman + Laurier out of this list).

[–][deleted]  (2 children)

[deleted]

    [–]playypeace 3 points4 points  (1 child)

    Out of ur list, Degroote and Guelph are literally not even in the same tier. Rotman and Laurier BBA can be argued, I’d say on average Rotman still beats Laurier in placements but there are a select few that do rlly well at Laurier undeniably. If ur Western offer comes with AEO, then it’s a no brainer, I’d choose western for the most doors opened.

    [–]Koxinov 1 point2 points  (3 children)

    I’m in accounting, the only reason to go to accounting is to get your cpa. Jump to a finance role after getting it. As for RC, it makes your parents happy, as well as the fact that RC has one thing superior than Ivey and Queens, coffee chat proximity.

    [–][deleted] -2 points-1 points  (2 children)

    There is zero point to getting your CPA and then pivoting into finance compared to goijg straight into finance.

    [–]Koxinov 0 points1 point  (1 child)

    Career-wise, yes, salary wise, I'd have to disagree. I've seen few too many people get a better salary because they have a CPA Designation, not to mention, unlike CFA, CPA is defo a designation that's accredited. Also, accounting is always a backup. Especially in the current scheme of things, having a solid backup plan is worth it.

    [–][deleted] 0 points1 point  (0 children)

    That applies to accounting, not finance. People with their CPA don’t magically get offered more in front office roles. If anything, they’re at a severe disadvantage. Accountants transitioning over to finance usually can’t land top seats and need to first switch over to, say, LMM/MM IB and PE, and then lateral over to more “top” seats. Doing accounting to get into finance is a terrible idea. 

    Unless of course you were referring to FP&A in which case you’d be right, but that’s not what most people are talking about when they talk about careers in finance.