This discussion is now closed.

Check out other Related discussions

Warwick Econ vs Warwick Accountancy and Finance

Hello I am an International Student and I applied to Warwick Accountancy and Finance and Industrial Economics. I got accepted to both on a conditional offer of AAB. Now i am trying to decide which one to choose and i am confused.

Firstly, i have learned that getting into Industrial Economics means that you can immediately change to pure Econ when you go to Warwick because it is the same department. is that right?

As far as the two courses are concerned Accountancy and Finance is considerably expensive. I want to know which course is more reputed and has better job prospects? otherwise there is not much difference between the two. i would appreciate if you could give me examples and substantiate

thank you

Reply 1

Barry Scott

economics gives you more freedom outside university. Accounting and finance is quite specific in its career areas.

Reply 2

prash_s90

16

warwick is better for accounting, i believe

Reply 3

moizuhk

OP

which one is better for job prospects and in terms of reputation?

Reply 4

jkyng1

10

reputation. similar.
job prospects. accounting i guess?

Reply 5

Splinter

erm...Industrial economics is a no-brainer...seriously
No, u can't immediately change to straight econ, they will be quite suspicious of that, although u can possibly change after a year. However, it is easy to change from econ to industrial. Why are u applying for Ind if u want to change for econ?
Secondly, econ is better for careers. its a more reputable department at warwick

Reply 6

mikeywang

matt54

economics gives you more freedom outside university. Accounting and finance is quite specific in its career areas.

really?? i thought acc/fin could get u any finance related job, because its all maths based. those who do acc/fin dont always become accountants. i think more ppl who do eco becomes accountants than those who do acc/fin.

Reply 7

moizuhk

OP

hmmm.. so mixed opinions on which is better. That is why i would like people to substantiate their claims.

Splinter i applied to industrial because i like it better than just pure econ. but people were saying that pure econ was more reputed and had better job prospects and because they were virtually the same department, it was easy to switch. anyway i would want to do ind. econ.

Any other opinions or comparisons between the two courses?? Thanks

Reply 8

HBK89

4

I'm a current student at Warwick (PPE) so I guess I can tell you a bit more about Econ and IndEcon.
The only real difference is that if you do straight Econ you have one module Microeconomics and one Macroeconomics, while for IndEcon you only have one Economics module (Economics 1, the one that all students on economics-related joint degrees take, including Micro and Macro) and "The Industrial Economy" on top of that. The maths bit is exactly the same for both, and both have to take one inside or outside option.

To be quite honest, the difference between the two courses is made out to be larger than it actually is. I would suggest you write to the Economics Undergraduate Office (Ann Simper would be your contact, I should think). The staff there are lovely and always try to be helpful - it's worth a try if you want to change! Just give them a good reason and they'll at least look into it.

Best,

HBK

Reply 9

Splinter

HBK89

I'm a current student at Warwick (PPE) so I guess I can tell you a bit more about Econ and IndEcon.
The only real difference is that if you do straight Econ you have one module Microeconomics and one Macroeconomics, while for IndEcon you only have one Economics module (Economics 1, the one that all students on economics-related joint degrees take, including Micro and Macro) and "The Industrial Economy" on top of that. The maths bit is exactly the same for both, and both have to take one inside or outside option.

To be quite honest, the difference between the two courses is made out to be larger than it actually is. I would suggest you write to the Economics Undergraduate Office (Ann Simper would be your contact, I should think). The staff there are lovely and always try to be helpful - it's worth a try if you want to change! Just give them a good reason and they'll at least look into it.

Best,

HBK

I do pure economics at warwick, so I can also shed some light on this:
Macro and Micro modules (especially in 2nd year) are the most difficult modules we do, much harder than Economics 1 or 2, with a lot of mathematical content. So saying there isn't much difference is a huge fallacy. Other economics disciplines cover in 2 years what pure econ students cover in their first. And 2nd year gets pretty tough (if you ask any economist).
Secondly, the maths modules (if we are talking about maths content) are actually much easier than the maths in the Macro and Micro.
Thirdly, as a 3rd year you have to do dissertation, unlike all the other degrees, and that is also pretty hard, as it has to be original work. In all the other degrees this is not compulsory. Pure economists get very little options in what they can do until the 3rd year, and even then, we are limited to majority 3rd year economics modules, which means i can take like 1 outside option.
So on paper it may look quite similar, but in practice, there is a very solid reason why Pure Econ is more reputable and requires higher grades and has more competition than any other econ related courses.

Reply 10

aity

it depends on you really...and what you have planned out for the future..well me i have chosen to study acc&finance because i want to be an accountant in future..and from the modules i have looked up from warwick acc&finance course shows that it is not narrow minded you can actually choose modules that would suite your interests..you are not only limited to pursue being a qualified accountant unless you get the necessary accounting qualifications later on i.e, ICAEW,ACCA,CIMA,CFA etc these days having a degree from a reputable university is more relevant than the course you study as people do not tend to specialise in what they studied....look deep into what you want to be and make your choice..but if you want to be an accountant in future acc&finance course is best as you get some exemptions from accounting exams qualifications...congrats on the two offers...what subjects do you do and when did you get your offer im still waiting to hear from them..but definately will be my first choice..

Reply 11

moizuhk

OP

I plan on becoming a financial analyst not an accountant, what should be the better course for me then. Also if the difference is not too much i wouldn't want to pay 4000 pounds more..I have 12 GCE A level A grades (A>90%) and 4 AS level A grades in Accounts Maths Physics and Economics. i got my accounting and finance offer early December and my Ind Econ offer in early Jan.

Reply 12

aity

wait did you say you do 12 ALEVELS thats wow...well if you want to become a financial analyst..the accounting and finance course is ideal.... i know the business school fees are higher..i am also international i understand what you mean..but acc&finance is for you as warwick also has CFA exemptions and is a very reputatable business school both in Uk and in the world...i wish i was in your shoes as in had an acc&fin offer!!!

Reply 13

Splinter

i'd actually do the Industrial Econ course if I were you, it has an acc&fin component and is much more business orientated than pure econ. Also it is more respectable. (i think)

Reply 14

silent ninja

19

moizuhk

I plan on becoming a financial analyst not an accountant, what should be the better course for me then. Also if the difference is not too much i wouldn't want to pay 4000 pounds more..I have 12 GCE A level A grades (A>90%) and 4 AS level A grades in Accounts Maths Physics and Economics. i got my accounting and finance offer early December and my Ind Econ offer in early Jan.

Seriously? :eek:

All in two years?

Reply 15

moizuhk

OP

OMG, i am sorry. hey its not 12 A LEVELS for gods sake!!!!!!!! its 12 O LEVELS. sorry for the typing mistake. lol. how would i do 12 A levels and 4 AS...that would probably be a world record or something

lol

OP

let me rephrase the question: Does it make a difference if two guys from Warwick, one with an accounting and fin degree and another with an Ind Econ degree, apply for the same job? I mean will one of them have an advantage over the other if applying for something like a job of a Financial Analyst?

Reply 18

Chrrye

17

Its going to be very close.
Cant really advise...
Though you should repost this to the crazy ppl over in the IB forum...they usually have strong opinions on this kind of thing. And as some of them are already in the industry they might be more qualified to advise than current students.. :smile:

Warwick Econ vs Warwick Accountancy and Finance

Related discussions

Articles for you