Economics or Accounting: understand the difference

Economics or Accounting: understand the difference

By ESEG Team

29/04/2022

4 min read
economics or accounting

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Economics or Accounting: understand the difference

Having doubts about which career to pursue is very common, especially when the student is torn between... two professions that are relatively similar.

Those interested in humanities or exact sciences can choose from degrees in Economics Or Accounting, which involves financial calculations and analysis. However, each area has its own particularities. If you wish to choose between these options, continue reading!

What is the difference between Economics and Accounting?

A Bachelor's degree in Economics addresses topics of global economy. I.e, How society produces, distributes, and consumes goods and services.

Concepts such as financial markets, capital, economic formation, history, anthropology, investment analysis, socioeconomic development, and others are studied.

On the other hand, the degree in Accounting it addresses the economic and financial facts and actions of an institution, whether it is an individual, a company, or an organization.

What do accountants and economists learn in practice?

During college, future accountants study the structures of financial statements, financial management, cost analysis, tax analysis, organizational theory, auditing, among other subjects. In other words, the An economist conducts market studies and analyses., considering factors such as societal behavior and resource constraints.

While the accountant, or bookkeeper, is responsible for the accounting routines of an organization, preparing balance sheets, reports and trial balances that are fundamental for decision-making by managers or for the external public (public sector, such as the Brazilian Federal Revenue Service, or financial sector, when there is a need for financing through banks).

Areas of work for economists

The field of work for economists is quite broad and promising. There are excellent opportunities in public, private, and third-sector companies, as well as, of course, the possibility of starting your own business.

Some high-demand areas for economists include: Financial markets, economic expertise, market research, and financial guidance.

Furthermore, undergraduate courses, like the one from economics faculty at ESEG in São Paulo, They have become even more relevant with the growing demand for economists specializing in data analysis and Big Data.

Areas of practice for accountants

The accountants have They play a fundamental role in organizations of all sizes and sectors. Therefore, they are highly valued in the job market..
In addition to working for large companies, professionals in this field can work as consultants, auditors, and even open their own accounting firm.

How to choose between Accounting and Economics?

If you've made it this far and still have doubts about which profession to choose, Try to imagine yourself working in those fields. If you love exact sciences and practical processes involving calculations and analysis, Imagine what it would be like to work collecting data, generating reports, and dedicating yourself to monitoring the financial health of organizations.

Did you like the idea? A degree in Accounting This could be a good alternative for you! Now imagine working while studying. not just the financial aspect of an organization, ...but also the social, political, and even psychological or religious aspects that impact economic interactions in Brazil and the world.

If you want to learn how to identify the causes of economic phenomena in order to understand their impacts and make projections, then... economics faculty in São Paulo It could be the best choice!

Learn about the Economics course at ESEG.

The Economics course at ESEG College, from the Etapa Group, includes updated curriculum, since it considers technology as one of the pillars of knowledge building.

 Ultimately, the emergence of fintechs, startups focused on optimizing financial services, It has been transforming the job market for economists..

In addition to one degree in economics Solid, ESEG also offers extension courses e postgraduate courses that complement your academic training, preparing you for the job market..

O ESEG Entrance Exam This is the perfect opportunity for those who wish to begin their academic journey at an institution of excellence. Use your ENEM 2025 score To secure your spot and begin your degree with the quality and tradition of ESEG.

Access the page of Bachelor's degree in Economics from ESEG See all the details about the faculty, curriculum, and unique features.

Follow ESEG College, part of the Etapa Group, on social media: 

ESEG Team

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