Business students please answer

[Laibaaa]

accounting and finance?
or management science?

can someone please tell me about both of them respectively and what are the job opportunities in both of them?
i would really appreciate it

 

[teachyourself]

Management Science/Operations Research are more or less the same thing with operations research being slightly closer to math, engineering and computing... it involves quantifying business problems .. for example route optimization, finding the optimum number of products for each product in a product mix, etc

http://nptel.ac.in/ --- here you will find both operations research and management science videos

https://en.wikipedia.org/wiki/Management_science

for Accounting - Management Accountant, Auditor are the two major areas others can be Consulting, Banking (corporate banking is more relevant), some even join Brokerage houses and Investment Management Firms, Corporate Finance

For Finance - Consulting, Project Finance, Investment Banking, Corporate Finance, Treasury Management, Brokerage Houses (Equity Research/Sales), Investment Management Firms (Analyst and ultimately Portfolio Manager)

the difference between accounting and finance is that Accounting is more closely related to the development of Financial Statements and Finance uses that information (Financial Statements and/or other information the accountant has) to make decisions or slice and dice the information to provide support for strategic decisions

a simple approach would be to search the internet for stuff like this
http://smallbusiness.chron.com/diff...rate-finance-managerial-accounting-31363.html

next i will search and give you links and list of books that let you actually learn this stuff ... btw for finance just buy Breaking Into Wall Street it is very good it will teach you more than any of your professors or professional trainers will be able to teach you.. also check Mergers and Inquisition, Wall Street Oasis (Wall Street Prep is its training program), investorguide360.com, https://people.highline.edu/mgirvin/excelisfun.htm, Khan Academy, http://www.exinfm.com/ .... learn Excel it is a MUST

 

[teachyourself]

meanwhile check my other posts there should be relevant links there as well

 

[EduGuides]

its often best to study whatever you find the most interesting. Have you done A level ?

 

[teachyourself]

https://www.me.utexas.edu/~jensen/ORMM/excel/index.html --- these are excel templates used in Operations Management and Research

http://www.londoninternational.ac.u...s/lse/lse_pdf/subject_guides/mn3032_ch1-4.pdf

https://thepiratebay.gd/torrent/10030062/Introduction_to_Management_Science__11E-_Taylor_[PDF]_[StormRG]

http://production-scheduling.com/downloads/mrp-asp/

 

[teachyourself]

check this

http://studenttheses.cbs.dk/search ---- search for the tullow --- then click "more information" for the excel and pdf file --- Tullow is an E&P oil firm

http://www.corality.com/ -- free project finance tutorials if you sign up

https://www.videofinancialmodelling.com/training/project-finance/ --- project fiannce video tutorials similar to BIWS https://breakingintowallstreet.com/biws/breaking-into-wall-street-courses/