The main difference between the Big Data and Accounting major and the Accounting major lies in their curriculum, teaching methods and application areas. Accounting majors focus on accounting theory and practice, such as accounting principles, financial statement analysis, taxation, auditing, and financial reporting. Students need to master basic accounting principles and skills, as well as how to use various accounting tools and systems. Accounting majors focus primarily on the traditional areas of financial accounting and financial management, so students typically need to acquire skills such as bookkeeping, financial report preparation, and tax preparation.
In contrast, the Big Data and Accounting major places a greater emphasis on skills in data analytics, data mining, and machine learning. Students will need to learn how to use big data analytics tools and techniques to analyze and interpret financial data. They may need to learn how to process and analyze large amounts of financial data using a variety of data analytics tools such as Python, R, or SQL, as well as how to use data mining and machine learning techniques to identify financial trends and patterns. Students majoring in Big Data and Accounting typically need to acquire some advanced statistical and machine learning skills to be able to effectively analyze and interpret financial data.
In addition, big data and accounting majors differ in their application areas. While traditional accounting majors are usually applied in organizations such as corporations and accounting firms, big data and accounting majors are more often applied in the field of financial technology (FinTech), such as risk assessment, fraud detection, and investment strategy development. In FinTech, big data analytics can help companies better understand their financial situation and make more effective decisions.
Overall, the main differences between the Big Data and Accounting program and the Accounting program are their content and methods of instruction, as well as their application areas. The Big Data and Accounting major focuses on data analysis and technology applications.