If you have an interest in both chemistry and accounting, you might be wondering which would be a better major. This post will show you the advantages and disadvantages of each and help you decide which would be a better major for you.
At a glance:
| | Chemistry | Accounting |
| Payscale reported average pay | $74,737 | $70,508 |
| Job opportunities | Average | Good |
| Types of jobs you can qualify for | Lab assistant Entry-level chemist Quality control chemist Technician Teacher Process engineer | Accountant Account manager Financial analyst Tax manager Auditor |
| Difficulty of the major | Hard | Moderate |
| Key things to note | It can be difficult to find a job with just a bachelor’s degree in chemistry. A master’s degree or PhD is often required. The major can become more employable if combined with a more applied minor. Also more employable if you do research work in a lab and do internships. It is a major that can give good job meaning once you can find a job. | Often necessary to complete the CPA exam to progress into senior positions and to get the more lucrative jobs. A master’s degree will also help. Lower level bookkeeping roles are likely to become automated. Has good overall job prospects. Can be a path into a number of different fields including finance and business. |
Source for chemistry salary and jobs
There are a number of things to consider when choosing between the two degrees. Below, are details about each major, their differences, and reasons to choose one or the other.
Details about the chemistry major
Below are some details about the chemistry major.
Pay
According to Payscale, the average pay of a person, who has a degree in chemistry, is $74,737. This is higher than the average across all majors. However, it is important to note that this average will be being increased by people who also have a PhD in chemistry.
Jobs
The chemistry major can qualify you for a number of different types of jobs in a number of fields. However, the major can restrict you to certain types of jobs. This is unlike alternative majors, such as computer science where it is feasible to enter related disciplines such as data science.
Also, the jobs that you can qualify for with just a bachelor’s degree in chemistry can have low pay, can be competitive and will only be entry-level roles within chemistry or technician roles in related areas such as in medicine/drugs.
However, chemistry jobs are expected to grow by 5% by 2029 which is more than average. Also, the jobs tend to have high levels of meaning because they are usually beneficial jobs to society.
According to Payscale, jobs people with a chemistry degree get can include:
- Lab assistant
- Entry-level chemist
- Quality control chemist
- Technician
- Teacher
- Process engineer
It’s important to note that lab assistant roles usually require a year of experience having worked in a lab. This means that it will be important to complete lab work while in the major and to get internships.
Difficulty
Chemistry involves a lot of math and physics. As a chemistry major, you will be taking one year of physics classes and math classes including calculus 1,2, and 3. Also, the chemistry classes themselves can be difficult, especially physical chemistry. As a result, you can expect chemistry to be a difficult major. When compared with an accounting major, you can expect chemistry to be more difficult.
Classes
Classes that you can expect to take in a chemistry major can include:
- 1 year of physics
- Calculus 1,2, and 3
- General chemistry
- Organic chemistry
- Physical chemistry
- Senior-level lab courses
Things to consider
Organic chemistry is a major that can be difficult to find jobs with by itself unless you are careful about what you do within the major. If your goal is to get lab work, it would help a lot to do research projects as an undergrad and to try to get lab internships so that you can qualify for entry-level lab roles.
Due to the amount of math involved, the major could be a pathway towards data analytics or even software engineering roles, if you learn how to program while in the major. On Payscale, people do report having gotten software engineering, data science and data analytics jobs with a chemistry degree. As a result, it could be worthwhile for you to get a computer science minor as well if you are set on a chemistry major.
If you want to do chemistry research in industry or academia, you should expect to have to get a PhD.
Details about a degree in accounting
Below are some details about the accounting major.
Pay
According to payscale, the average pay of someone with a bachelor’s degree in accounting is $70,762.
Something to consider, is that completing the CPA exam and getting an accounting master’s degree will increase your earnings potential significantly.
Jobs
A degree in accounting should give you good opportunities with just a bachelor’s degree. This is because the degree can qualify you for a number of accounting roles and it can also qualify you for roles in related fields such as finance and business since accounting knowledge is useful in many business applications.
However, a lot of the more lucrative accounting roles require you to be a CPA and most people that become a CPA also get a master’s degree in accounting.
Jobs that you can qualify for with a bachelor’s degree in accounting can include:
- Accountant
- Account manager
- Financial analyst
- Tax manager
- Financial advisor
Some other jobs that you can get with a master’s degree would include:
- Forensic accountant
- Managerial accountant
- Auditor
- Chief financial officer
Difficulty
An accounting degree can be difficult especially in the junior and senior years when the classes become more specialized. Overall, accounting is generally considered as a moderately difficult degree.
Things to consider
If you are thinking of majoring in accounting, it could also help to minor in finance. This is because many people with accounting degrees end up in finance. Getting a finance minor should help you when looking for jobs within finance. Getting an internship, in the field, could also help a lot.
If you want to go far in accounting, it would help you to complete the CPA exam as soon as you are able to. This is because many of the more desirable jobs require that you have completed the exam.
While accounting is a degree with good job opportunities, it can still be competitive. With that being the case, it would help you a lot to try to get some summer internships while you are completing the degree.
Bottom line
If you are thinking of majoring in accounting, it could also help to minor in finance. This is because many people with accounting degrees end up in finance. Getting a finance minor should help you when looking for jobs within finance. Getting an internship, in the field, could also help a lot.
If you want to go far in accounting, it would help you to complete the CPA exam as soon as you are able to. This is because many of the more desirable jobs require that you have completed the exam.
While accounting is a degree with good job opportunities, it can still be competitive. With that being the case, it would help you a lot to try to get some summer internships while you are completing the degree.
While it can be difficult to find jobs with a bachelor’s degree in chemistry, there are still some reasons why you might want to get a chemistry degree.
The first reason is if you want to get a job that requires a master’s or doctoral degree in chemistry. If you do, then a bachelor’s degree in chemistry would be more worthwhile.
Also, if you have a very strong interest in the subject, it would also make it more worthwhile for you to major in chemistry. However, it would also help to minor in something that is employable at the bachelor’s degree level. It would also help a lot to make sure to complete lab projects and to get lab internships to help when seeking lab work after graduating.
