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B.sc In Economics Or Accounting.please Advice - Career (6) - Nairaland

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What Are The Advantages Of B.tech Over B.sc In Civil Service? / Msc(finance) Vs Msc(accounting). Please Advise. / Bsc Economics Or Accounting,which Is More Recognised In The Labour Market (2) (3) (4)

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Re: B.sc In Economics Or Accounting.please Advice by seguno2: 9:41am On Jul 08, 2021
rhames:


B. SC Economics(Macroeconomics or Microeconomics or Development Economics) and qualify as an ICAN chartered accountant. The world is at your feet with both qualifications. There is a shortage of economic managers and ideas that will impact on people positively.

Ngozi Okongko Iweala is enjoying the perks at the moment.

Is NOI also an ICAN chartered accountant
Re: B.sc In Economics Or Accounting.please Advice by DonroxyII: 10:10am On Jul 08, 2021
Trojan8:


And yet this is you agreeing with the point I made lipsrsealed
I'm sorry for my outburst... I made the comment you quoted on the front page ... check it out ...
Re: B.sc In Economics Or Accounting.please Advice by DonroxyII: 10:15am On Jul 08, 2021
seguno2:


May the oil in your well of wisdom never dry. Amen.
May your brain and her wisdom which you used to read my post and digest it continue to grow upward and upward, Amen !!

1 Like

Re: B.sc In Economics Or Accounting.please Advice by Nobody: 11:19am On Jul 08, 2021
[quote author=Julius209 post=103479343][/quote]

Don’t drop out from your education, my brother. Nigeria is not a place you can practice that and go scot-free. Finish whatever you are studying. The knowledge you gain there would be useful in your coding class for problem solving. Don’t pay lecturers to get 2.1. Read well and pass for your 2.1.
You may not eventually work as an insurer because insurance is going digital and could need less staff in years to come but coding won’t go. With common USSD codes, people are buying insurance policies and paying digitally.

Look for top 3 pension companies in Nigeria where you can work for a while. You may do a short course in pension management to augment your insurance knowledge so that you can fit into pension management.

Since you didn’t mention the type of business you want to do, I may not be able to say much about this. But if you want your business to out-live you, first of all work for a good company with your education before you go and set up your own. You would have gained some experiences on how to run companies, office setup, policies and procedures or else you would just be running a business that employees would see as a toxic company. This happens to over 90% of Nigerian companies today.
Re: B.sc In Economics Or Accounting.please Advice by Nobody: 11:25am On Jul 08, 2021
Saintinoo:

No mind am, they thought it is the economics they did in secondary school.
Maths for economics, Applied statistics, Applied econometircs, Advanced maths for economics, Advanced Micro Analysis, even History of economic thought dey give guys problem.
The only hard course i see in Accounting is cost accounting.

Look at this one. Do you think accounting is only about: debit the receiver and credit the giver? Anyway, that’s where your knowledge ends about the profession.
Re: B.sc In Economics Or Accounting.please Advice by Nobody: 11:33am On Jul 08, 2021
DonroxyII:
If you can advise him to write ACCA and accept option of Btech in Accounting from Oxford Brooke's University, UK then he may not need to enrol for Bsc again ... He should be able to proceed to Canada for MBA afterwards using his ACCA and Btech as entry requirements because HND doesn't enter MBA oo ... I doubt ! ..

I know for sure HND doesn't enter MSC!

HND does. Get your facts well and don’t mislead people. There are schools in Europe that accept HND for MBAs and MSc. Don’t misled these young lads. Check Czech University of Economics, Corvinus in Hungary, IBS in Vienna Austria or Hungary, Helsinki School of Business, European Union University, EBS in Estonia and lots of business schools scattered across Europe.

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Re: B.sc In Economics Or Accounting.please Advice by Julius209(m): 11:47am On Jul 08, 2021
donaldwhal:


Don’t drop out from your education, my brother. Nigeria is not a place you can practice that and go scot-free. Finish whatever you are studying. The knowledge you gain there would be useful in your coding class for problem solving. Don’t pay lecturers to get 2.1. Read well and pass for your 2.1.
You may not eventually work as an insurer because insurance is going digital and could need less staff in years to come but coding won’t go. With common USSD codes, people are buying insurance policies and paying digitally.

Look for top 3 pension companies in Nigeria where you can work for a while. You may do a short course in pension management to augment your insurance knowledge so that you can fit into pension management.

Since you didn’t mention the type of business you want to do, I may not be able to say much about this. But if you want your business to out-live you, first of all work for a good company with your education before you go and set up your own. You would have gained some experiences on how to run companies, office setup, policies and procedures or else you would just be running a business that employees would see as a toxic company. This happens to over 90% of Nigerian companies today.
thanks sir .I appreciate
Re: B.sc In Economics Or Accounting.please Advice by Goodmorning20: 11:51am On Jul 08, 2021
DonroxyII:
Smh even with MSC and you still speak like this .... The reason why you may have no job is because job was your primary motivation for education not "knowledge" ...

Change your mindset bro .... look in between the lines ... Job is highly competitive nowadays and what matters in the market now is no more generic education and knowledge....

You must be distinguished and distinct ... you must possessed a special knowledge in your field and na dem go beg you and na you go determine price ....

NaijaBet Affiliate program is the best
Re: B.sc In Economics Or Accounting.please Advice by COMPAQ(m): 12:23pm On Jul 08, 2021
Linzo:
Please friends and good people of nairaland help me out to make a right choice am in a cross road with my career, i have HND in banking and finance with upper credit, am i applied for direct entry in a federal university and am giving the option to choose between B.sc ECONOMICS and ACCOUNTANCY, please your matured advice is needed on the one to go for. Do give reasons for your choice

Economics...then do ICAN after. Best of both worlds
Re: B.sc In Economics Or Accounting.please Advice by DonroxyII: 1:05pm On Jul 08, 2021
Qc1:


Thank you very much. God bless you.

I'm a Canadian citizen I just want to know how I can help him to get to where he needs to be. I will prefer him to go to Canada to write equipment of the Btech there, rather than in the UK. I'm not sure even if this is possible. I'm not very familiar with nigerian education systems but I wrote my WAEC in Lagos.

Thanks again.
Check for him if He can write CPA ... and/or CFA .... Atleast with CFA he will have better prospect in Canada or USA as far as Finance/Investment World is Concerned !!
Re: B.sc In Economics Or Accounting.please Advice by DonroxyII: 1:07pm On Jul 08, 2021
donaldwhal:


HND does. Get your facts well and don’t mislead people. There are schools in Europe that accept HND for MBAs and MSc. Do t misled this young lads. Check Czech University of Economics, Corvinus in Hungary, IBS in Vienna Austria or Hungary, EBS in Estonia and lots of business schools scattered across Europe.
He mentioned Canada specifically and calm da fvck down na .....

Thanks anyway for pointing me to it !
Re: B.sc In Economics Or Accounting.please Advice by greggng: 1:20pm On Jul 08, 2021
Some people never sieze to amaze me ...go for accounting and get a professional certificate to add to your qualification . As an accountant you can work in any industry ....you can even do the work of an economics ....but an economist can't do your work....I am talking from experience cos I read accounting too. I didn't study accounting right from secondary school and it nearly make me hate accounting as a course. Those that started from secondary school alwsys have advantage ....moving from economics to Ican will 've some set backs ....that can't be said about from accounting to ican
Re: B.sc In Economics Or Accounting.please Advice by Qc1(m): 1:46pm On Jul 08, 2021
DonroxyII:
Check for him if He can write CPA ... and/or CFA .... Atleast with CFA he will have better prospect in Canada or USA as far as Finance/Investment World is Concerned !!


I will do that. Thanks boss.

1 Like

Re: B.sc In Economics Or Accounting.please Advice by Abdul4trust1(m): 2:12pm On Jul 08, 2021
FreeStuffsNG:
In my opinion, Economics is better . You don't need to study Accounting to become a Chartered Accountant or get CPA,ACCA etc and studying Accounting in the university does not make you a professional accountant yet, you are regarded as Accounting graduate not Accountant in the real professional sense.

However, studying Accounting is more prestigious because of the greater competition for securing admission placement in the course in universities and you have more chances to get a job than an Economics graduate .
Check the job boards and be the judge once again
Re: B.sc In Economics Or Accounting.please Advice by shogz89: 2:23pm On Jul 08, 2021
shogz89:
If you are to go into accounting just go and write Ican straight, professional course is what Nigeria requires now,, both ecc and acc have equal opportunities
I made this comment when I was still a young accountant,, my advice for you now,, just go and do accounting. Opportunities are endless and far more than economics for me without professional qualification. . Note economics isn't bad either, regardless of which one you pick though, take a professional exam and the sky is your starting point. Bsc ACC and Bsc ECC alone without professional qualification no get equal opportunity o, ECC go find work tire for 9ja grin
Re: B.sc In Economics Or Accounting.please Advice by shogz89: 2:46pm On Jul 08, 2021
Qc1:


HI, I'm asking this question on behalf of my son. He will finished his HND accounting next year. Should I advise him to write ICAN and skip BSc. or should I tell him to go for MBA in Canada? (I'm not sure if this is possible without a B.sc tho.)

Thanks
brother.. Tell him to go do Bsc and write Ican along with it.. Hnd is highly discriminated in the accounting world in Nigeria even with Ican.
Re: B.sc In Economics Or Accounting.please Advice by Rhea(f): 2:55pm On Jul 08, 2021
Linzo:
Please friends and good people of nairaland help me out to make a right choice am in a cross road with my career, i have HND in banking and finance with upper credit, am i applied for direct entry in a federal university and am giving the option to choose between B.sc ECONOMICS and ACCOUNTANCY, please your matured advice is needed on the one to go for. Do give reasons for your choice

In 2021, an 'economist' is a career. An 'accountant' is a skill that will very soon be replaced by a computer.
So, without any hesitation, go for economics.
Re: B.sc In Economics Or Accounting.please Advice by shogz89: 2:56pm On Jul 08, 2021
OBku4:
Go for economics.... Accounting has been rendered irrelevant all over the world (thanks to the rise of AI)

...unless you wanna be competing with machines for jobs lol
Ahhhhhhh,, in which world abeg.. � � � grin grin you people will just open mouth whaaaaa
Re: B.sc In Economics Or Accounting.please Advice by Qc1(m): 3:10pm On Jul 08, 2021
shogz89:
brother.. Tell him to go do Bsc and write Ican along with it.. Hnd is highly discriminated in the accounting world in Nigeria even with Ican.

Yeah... But I thought Nigerian government came up with a law that deals with the HND discrimination?

I'm not worried about him working in Nigeria. I just want him to maximize his potential in Canada.

Your input is well appreciated. Thanks your sir.
Re: B.sc In Economics Or Accounting.please Advice by shogz89: 3:17pm On Jul 08, 2021
Qc1:


Yeah... But I thought Nigerian government came up with a law that deals with the HND discrimination?

I'm not worried about him working in Nigeria. I just want him to maximize his potential in Canada.

Your input is well appreciated. Thanks your sir.
We don't have a government or labor union that will enforce that law,, go on LinkedIn and see HND guys that just graduated from Babcock telling stories of how they are being discriminated in even top 4 firms.. The discrimination is real and dosent seem to go anytime soon from most employers.. It is real
Re: B.sc In Economics Or Accounting.please Advice by rhymesnoni(m): 3:36pm On Jul 08, 2021
Who compares Economics with Accounting?

My brother studying Economics offer u broader career path and options. While an Economist can easily be an Accountant with Professional Certification.. hope you know that writing ICAN alone qualifies one to be an accountant? (even if u study Food Science grin grin). mind you, studying accounting alone still does not qualify you to be an accountant without (ICAN) or (ANAN) Certification.

While u have an advantage of holding a Managerial position as an Economist an accountant can only be accountant. reason am
Re: B.sc In Economics Or Accounting.please Advice by ThisTrend(f): 4:06pm On Jul 08, 2021
Houston17:


Where in Ilorin are you moving from?

I lived around Olunlade Area. I can board at Saw Mill garage? Or if you know anywhere I can. I want to know the feeling as well
Re: B.sc In Economics Or Accounting.please Advice by Houston17(m): 4:12pm On Jul 08, 2021
ThisTrend:


I lived around Olunlade Area. I can board at Saw Mill garage? Or if you know anywhere I can. I want to know the feeling as well

Sure u can. I think saw mill is better. But if u want soleh (will cost you max 400-500) , you can go to eyenkorin, not advisable tho with the rate of kidnap these days..

Just ready like 1500 for sawmill for car, while 1200 or thereabout for bus. Also note that most times, their last bus stop is always ojo
Re: B.sc In Economics Or Accounting.please Advice by oyejideogunjumo: 4:13pm On Jul 08, 2021
Linzo:
Please friends and good people of nairaland help me out to make a right choice am in a cross road with my career, i have HND in banking and finance with upper credit, am i applied for direct entry in a federal university and am giving the option to choose between B.sc ECONOMICS and ACCOUNTANCY, please your matured advice is needed on the one to go for. Do give reasons for your choice
Accounting is a professional course but you must be ready to take necessary professional courses.
Economics is a basic study.
You may end up in classroom as a teacher.
With accounting you stand taller than basic economics as you stand chances of working in firms ,ministries etc.
Go for accounting pls
Re: B.sc In Economics Or Accounting.please Advice by ThisTrend(f): 4:39pm On Jul 08, 2021
Houston17:


Sure u can. I think saw mill is better. But if u want soleh (will cost you max 400-500) , you can go to eyenkorin, not advisable tho with the rate of kidnap these days..

Just ready like 1500 for sawmill for car, while 1200 or thereabout for bus. Also note that most times, their last bus stop is always ojo

Okay good. Thank you for the info
Re: B.sc In Economics Or Accounting.please Advice by Blue3k(m): 4:41pm On Jul 08, 2021
grandstar:
Nigerian universities teach rubbish when it comes to economics. Economics graduands don't know anything.

If I had the funds, I won't mind funding an economics department in either a private or public university to bring out brilliant graduands by employing the best economics scholars available.

What school of thought do Nigerian universities base their education. Is it Keynesian model, Chicago school economics, classical model etc. I been looking into African socialism and would be interested to understand what's generally taught.

Omohayek do you happen to know?
Re: B.sc In Economics Or Accounting.please Advice by shogz89: 5:17pm On Jul 08, 2021
rhymesnoni:
Who compares Economics with Accounting?

My brother studying Economics offer u broader career path and options. While an Economist can easily be an Accountant with Professional Certification.. hope you know that writing ICAN alone qualifies one to be an accountant? (even if u study Food Science grin grin). mind you, studying accounting alone still does not qualify you to be an accountant without (ICAN) or (ANAN) Certification.

While u have an advantage of holding a Managerial position as an Economist an accountant can only be accountant. reason am
so accountant don't hold managerial roles? You know what CFO means? Does economics have a managerial role like the CFO in all companies?
Re: B.sc In Economics Or Accounting.please Advice by OBku4(m): 5:44pm On Jul 08, 2021
shogz89:
Ahhhhhhh,, in which world abeg.. � � � grin grin you people will just open mouth whaaaaa

Lolzz... is this guy in this world even

Ostriches

Bro, leave that your 'village'. smh
Re: B.sc In Economics Or Accounting.please Advice by shogz89: 6:15pm On Jul 08, 2021
OBku4:


Lolzz... is this guy in this world even

Ostriches

Bro, leave that your 'village'. smh


OK sir I will leave my village. But go and do Economics and not add ICAN to it because AI will take accounting job... grin cheesy
Re: B.sc In Economics Or Accounting.please Advice by omohayek: 6:29pm On Jul 08, 2021
Blue3k:


What school of thought do Nigerian universities base their education. Is it Keynesian model, Chicago school economics, classical model etc. I been looking into African socialism and would be interested to understand what's generally taught.

Omohayek do you happen to know?
Nope, no idea. I did my university study in the USA.
Re: B.sc In Economics Or Accounting.please Advice by Houston17(m): 6:59pm On Jul 08, 2021
ThisTrend:


Okay good. Thank you for the info

You're welcome
Re: B.sc In Economics Or Accounting.please Advice by Saintinoo(m): 8:57pm On Jul 08, 2021
donaldwhal:


Look at this one. Do you think accounting is only about: debit the receiver and credit the giver? Anyway, that’s where your knowledge ends about the profession.
I did A level accounting, while i was in school, my department have a very close relationship with accounting department, i may not major in accounting but i know alot about it.

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