Accounting Student with Internship in Hand Is Having Second Thoughts
Ed. note: Desperate for advice but surrounded by idiots? Email us immediately. Oh, but read this first.
I’m a junior at a well-respected New England college with a double concentration in accounting and marketing. A few weeks ago, I accepted an offer as an audit intern for next summer from a public accounting firm just outside of the Big 4. Just as a background, my GPA sucks (sub-3.0), but I enjoy doing interviews. While I was excited to get the job, I’m still not sure if auditing is a career path I want to go down.
My biggest fear is a high-paced, numbers-intensive career tra to people, forming relationships, and pretty much anything that doesn’t involve crunching numbers. Ideally, I’d like to pursue a career that highlights my writing ability and interests, like sports marketing (which I’m sure will be scoffed at in the comment section). Additionally, as my GPA suggests, I hate studying for tests, so I don’t anticipate doing the CPA thing or going to grad school. Do you have any general advice? Any chance I survive this internship?
Love the site, keep up the good work.
My first drafted response:
Drop the accounting degree, focus on marketing, and start going to class to get your grades up before you’re unemployed.
You remind me of countless other students, studying a subject that you have little interest in. I don’t know your backstory: maybe you did well in accounting in high school; maybe one of your parents is a CPA; maybe one of your Helicopter parents told you that “you can do ANYTHING with a degree in accounting” and you earnestly believed them. Frankly, I don’t care what the story is…but you need to kick yourself in the ass and either suck it up and commit to an accounting career or get the hell out.
What you have going for your career:
• A paid internship with a mid-sized CPA firm. Ignore the fact that the Central Banks came to the rescue this morning (even Groupon is up!). The economy is in the can and because hiring trends are reactionary and delayed in a services industry like public accounting, fulltime job opportunities will be even scarcer when you’re graduating. That’s to say you want to work in the industry; but I think you don’t and you came to GC hoping we’d tell you otherwise.
What you have going against your career:
• Your grades are terrible compared to market. Firms are turning 3.8 GPA’s away at the door.
• You have little/no work ethic.
• You do not plan to do graduate school (presumably to be CPA eligible).
• You don’t plan to take the CPA exam.
If everything remains constant, you will not survive in a career in public accounting. You claim that your biggest fear is a “high-paced, number-intensive career track,” where in reality it should be more in line with “living in my parents’ basement, playing video games and ‘networking’ over Linkedin.” What would you prefer – a slow-paced environment where hypothetical interview questions are tossed around? Do you think “sports marketing” isn’t a fast-paced environment?? And what do you even KNOW about audit? Being that you’re a junior, you might not even take an auditing course before your internship. Don’t knock it just yet, man. It sounds to me like you’ve given up on accounting before you’ve even started. Which is fine if that’s the case; just accept it yourself and believe in what you actually want to do.
Not speaking for the GC commenters, but I won’t scoff at your desire to work in sports marketing. I will, however, challenge your ass to do more. What are you doing to break into the incredibly competitive sports marketing world? A piss-poor GPA, marketing degree (from a university whose program is not in the top tier for marketing…go Eagles!), and self-proclaimed writing abilities are not going to cut it. I’m not an expert on the industry, but I do know that “sports marketing” is like saying you want “a job in finance.” What do you want to do? Product development? Management? Retail marketing? Brand management? Selling Gatorade at Red Sox games?
You need to figure your shit out. That’s as much handholding as you’ll get from me. I could sit here and babble off that you need to study more, focus your efforts on your future, yada yada yada. So, here’s my advice: do some serious soul searching. If accounting is not what you want to do for the next 40 years, give up your internship. Take summer classes to get your GPA up or sweat your summer in an unpaid marketing internship making copies for the local single-A minor league baseball team. Do SOMETHING to get your career on track. At the very least, go ask your questions on a marketing-focused website. Find out how cut-throat the industry is right now. If you are hoping to ride the waves of your alma mater into some sweet gig at an agency, you are setting yourself up for a rude awakening.