Should I Pursue Accounting (CPA) or Engineering?

Deciding between a career in accounting and one in engineering can be quite challenging, often depending on personal interests, career goals, and various external factors. Here, we explore the pros and cons of both fields to help you make an informed choice.

Choosing Accounting (CPA)

Interested in accounting? Here are some reasons why you might consider it over engineering:

1. Personal Interest and Passion

Engineering, like any other field, requires a certain level of passion and interest to excel. However, if you do not find the technical aspects of engineering appealing, then accounting might be a more suitable career path. Many students take engineering courses due to parental pressure, but they often regret it later, as it may not align with their personal interests.

2. Choice of Private Colleges

Studying in a private engineering college might not always be worthwhile, especially if it is not from a top-tier private college. The cost can be high, and the potential returns on investment might not justify the expense.

3. Accounting vs. Engineering: Career Prospects

Accounting offers more versatility and scope than engineering. While engineering can also provide good earning potential, the field of accounting has a wide range of roles from auditing to financial planning, which can be more diverse and personally fulfilling. It also offers better job security and a higher growth potential over the long term.

Reasons to Stay in Engineering

On the other hand, if you have already completed your engineering degree, here are some points to consider:

1. Time and Effort

Pursuing a career in accounting (CPA) is a long-term commitment, taking about 5.5 years to complete, including your engineering degree and the CPA exams. During the respective apprenticeship period, you will earn a modest salary, which might not cover your living expenses adequately.

2. Industry Challenges

Engineering can be competitive, and finding a job right after graduation can be tough. However, once employed, the struggle is usually short-term and manageable. Additionally, engineering graduates often have a higher starting salary compared to accounting graduates.

3. Personal Interest and Aptitude

Even if you are good in technical aspects, some engineering skills are not further required in accounting. However, accounting does not fully replace your knowledge and skills in technical areas. It is important to consider whether you are more inclined towards financial analysis or technical problem-solving in your career journey.

Conclusion

Ultimately, the choice between accounting and engineering depends on several factors, including your personal interests, career aspirations, and financial goals. If you find accounting more appealing and believe it aligns with your long-term objectives, it could be a wise choice. However, if engineering remains your passion and you are willing to face the initial challenges, it can also be a rewarding career path.

For those already in NUST, a local Pakistani university, pursuing a CPA might be more advantageous due to exemptions offered by the ICAP to students from NUST. Regardless of your decision, always approach it with a serious attitude and commitment. Your earning potential and professional success will largely depend on your dedication and effort.