• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Business (Management) (1 Viewer)

NizDiz

Member
Joined
Nov 5, 2011
Messages
294
Gender
Male
HSC
2013
Would a knowledge of accounting or economics be more useful to help running a business/ business management as a career in the future?
 

Jinks

Active Member
Joined
Jul 9, 2012
Messages
668
Location
Melbourne
Gender
Male
HSC
2010
Would a knowledge of accounting or economics be more useful to help running a business/ business management as a career in the future?
I would say it really depends on the type/scale of the business, but I would opt for accounting, simply because if you have the ability to interpret financial data it would make it much easier to understand the inner-workings of the business.

BUT in saying that it could be argued that economics may give you an advantage in gauging the current and future economic climates and therefore being able to prepare the business better for what lies ahead, taking advantage of any opportunities and protecting against possible losses.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top