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re: Is Accounting the most useful all around class anyone can take in college?

Posted on 4/15/20 at 3:04 pm to
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
87748 posts
Posted on 4/15/20 at 3:04 pm to
I think accounting or some form of personal finance course are certainly worthwhile.

That said, I feel like most people who would get the most out of such things will come to that knowledge anyway (I've never taken a single accounting class), and those who wouldn't gain that knowledge/practice otherwise wouldn't get anything out of it.

In short, I don't think required core courses matter much, especially at the collegiate level.

Full bore classical education in HS would be a different story, and would likely produce college kids that are far more receptive to the advantages that would come from the mandatory accounting classes you reference.
This post was edited on 4/15/20 at 3:06 pm
Posted by fitz
Member since Dec 2019
666 posts
Posted on 4/15/20 at 3:05 pm to
quote:

Money management is just as important as being able to understand the history of human development.
History major here.

No, it's not.
Posted by Thib-a-doe Tiger
Member since Nov 2012
36811 posts
Posted on 4/15/20 at 3:05 pm to
Accounting and Econ are most important, followed by logic and English
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76784 posts
Posted on 4/15/20 at 3:06 pm to
what about skreet smarts?
Posted by Thib-a-doe Tiger
Member since Nov 2012
36811 posts
Posted on 4/15/20 at 3:06 pm to
quote:

History major here.

No, it's not.



Says the broke history major
Posted by tigerfoot
Alexandria
Member since Sep 2006
61734 posts
Posted on 4/15/20 at 3:07 pm to
American Government would be more useful.
Posted by HempHead
Big Sky Country
Member since Mar 2011
56774 posts
Posted on 4/15/20 at 3:07 pm to
quote:

No, it's not.



Ignorance of financial responsibility can make one poor - but ignorance of humanity makes one poor in spirit, if you ask me.
Posted by fitz
Member since Dec 2019
666 posts
Posted on 4/15/20 at 3:07 pm to
quote:

Says the broke history major
Good one.
Posted by Sneaky__Sally
Member since Jul 2015
12364 posts
Posted on 4/15/20 at 3:09 pm to
I'd think basic logic and probability is the best course you can take.
Posted by Hester Carries
Member since Sep 2012
25946 posts
Posted on 4/15/20 at 3:10 pm to
Logic is the most useful. It teaches you how to think.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71847 posts
Posted on 4/15/20 at 3:10 pm to
Yes

Now imagine how useful accounting majors are.

Posted by Thib-a-doe Tiger
Member since Nov 2012
36811 posts
Posted on 4/15/20 at 3:10 pm to
quote:

but ignorance of humanity makes one poor in spirit, if you ask me.



Spirit ain't never paid my bills
Posted by HempHead
Big Sky Country
Member since Mar 2011
56774 posts
Posted on 4/15/20 at 3:10 pm to
quote:

Spirit ain't never paid my bills



Life is more than numbers, ya know.
Posted by GreatLakesTiger24
Member since May 2012
61605 posts
Posted on 4/15/20 at 3:12 pm to
The accounting classes I took didn’t really teach me anything about personal finance.
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 4/15/20 at 3:12 pm to
Dairy Science.
Posted by Philzilla2k
Member since Oct 2017
13209 posts
Posted on 4/15/20 at 3:12 pm to
quote:

Not at all

English, philosophy, history, logic, etc are all far more useful in everyday life


”Gambling, drugs & alchohol, jam bands“
do tell
Posted by BregmansWheelbarrow
Member since Mar 2020
3428 posts
Posted on 4/15/20 at 3:12 pm to
I think the most useful course I ever took in my life was a consumer math course in high school. I was a dumb shite in math and wasn’t going to pass calculus and trigonometry so they put me in the consumer class. It taught how to balance checkbooks, gave us business ledgers, how to do our taxes, etc. It served two purposes...I learned a lot of useful stuff that has actually helped me in my life, and it was a seriously great senior skate course
Posted by HempHead
Big Sky Country
Member since Mar 2011
56774 posts
Posted on 4/15/20 at 3:17 pm to
quote:

”Gambling, drugs & alchohol, jam bands“



is this my 20's
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41699 posts
Posted on 4/15/20 at 3:17 pm to
Principals of Accounting is extremely useful if you ever think you will own your own business. If you are just going to be a worker bee your entire life, it's probably not of much use.

I would say a free enterprise / basics of economics class would be the most useful. The number of OMG price gouging posts I see on facebook lately tells me large numbers of people have no idea how supply/demand work.

I strongly believe that a half-credit personal finance course should be required in high school, probably junior or senior year.
This post was edited on 4/15/20 at 3:18 pm
Posted by Thib-a-doe Tiger
Member since Nov 2012
36811 posts
Posted on 4/15/20 at 3:18 pm to
quote:

Life is more than numbers, ya know.




having those numbers in your bank account helps you enjoy the other parts of life.

Imagine if you not only knew how to do accounting as job, but used that combined with Econ courses to study financial statements and industries for investing, or for some people, you would at least know how to balance a checkbook
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