Business Majors

No, I have not taken any of these courses yet. But from what I gathered, this is what each course is roughly about, in my opinion about each major:

Before we start, I am generally assuming that each major requires knowledge about that particular field for success.

Accounting

I tend to think of this topic like legal studies. It’s never about knowing the rules, it’s always about knowing how to bend them. Accountants are not number crackers, they are mathematical strategists. It could be a fun career, but a tough one to get into since understanding all the rules in the first place is so difficult. Trait required: adaptability.

Finance

Financial experts are people who watch their investments grow and grow and grow. Is it fun? It could be. It’s sort of like gambling, but with a reasonable degree of precision. Have you ever gambled before? You need to hit big, and you need to know you’re going to lose. Finance is definitely not for those who always shy away from failures. Just imagine tonnes of money you’re investing, and you not being able to lose that money. Of course, you don’t want to lose it stupidly and make it on some crappy investment, but it’s hard to forecast the future right? You need to be able to deal with the pressure of taking risks, along with the ability to deal with failure when it actually hits you. Not suitable for typical Asians.

Marketing

This major is about creating value out of nothing. In today’s society, I think marketing is the biggest thing ever. But I don’t think that marketing majors are necessarily the best at their job. i find that the best marketers tend to work backwards, they don’t add value into their product without knowing how to add value. In other words, they first tap into consumer psychology, and then they start their marketing campaign. Most important skill – ability to understand the subconscious mind. (very different from understanding a conscious rational mind)

Logistics

I don’t think logistics is a good major to be honest. This is one of those things which is A LOT better done on the field. It takes a lot of business sense to get logistics, because most of this I think is things you think about conceptually. In practice, it might work different from your concept. But overall, this is to increase efficiency on supply chain management. Main requirement skill: strategic, conceptual mind

Human Resources

Knowing what people want, knowing how to talk to them, knowing how to make them do what you want them to do – that’s what a real HR director should be able to do. Influence and understanding is the key here.

Real Estate

I think these guys are actually the safest out of every single profession. It’s quite hard to go wrong with real estate, especially since housing value tends to appreciate over time as population expands, making it much easier for real estate agents to do their job. Real estate can be tremendously overlooked in Canada, but pretty soon, as more people migrate out of China to here, property prices will definitely rise, and these real estate guys will definitely make a lot. (I have doubts in my mind that this would happen, but I keep my hopes up for this profession)

😀