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Need advice deciding a second major

imhungry

Golden Member
Jul 30, 2005
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I'm currently a Business Administration/Management major at a decent school (avg. acceptance gpa probably around 3.4) and I'm considering doing a second major. I already have 30 credits from high school and I'm taking 5 of my B.A./B.M. track classes this semester already. I thought of doing three majors but I've read that doing so only makes employers consider you less because they see your majors as interests rather than specializations.

Which has a more viable future in terms of employment: Economics or Finance?


I'm not sure where I see myself in five years, but hopefully making decent money at a job I'm happy with. I'm interested in Finance because I'm interested in how a given amount money can be turned into an exponentially larger sum, but I'm also interested in Economics as I'm kind of a theoretical kind of person and I just find it all interesting. If it helps I don't see myself wanting to work long 10-15hr days after I graduate but at the same time if I really get interested in something time flies like nothing.

I was even thinking of switching over to Economics/Finance but I'm really at a confusing crossroads right now.

I'm a pretty decently intelligent person, I scored 2190 on the SATs but my lack of motivation led to me having a 3.0gpa junior year in high school.

Thanks in advance for any insight; don't be afraid to criticize.
 

cheezy321

Diamond Member
Dec 31, 2003
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I graduated with an economics degree. I would rather have a finance degree.

However, I am now employed in a position that has nothing to do with either of the 2 degrees I mentioned.
 

imhungry

Golden Member
Jul 30, 2005
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That's what the general consensus has been..economics is interesting but I feel that it is too broad a major for those employers looking for specialization.
 

mchammer187

Diamond Member
Nov 26, 2000
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I think an economics/ finance combo would be alot better and drop the BA

if you want BA you go straight for an MBA if you pursued a Economics or Finance Degree
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Econ+Accounting
or
Finance+Accounting
or
Econ+Finance+enough accounting courses to qualify for CPA
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: mchammer187
I think an economics/ finance combo would be alot better and drop the BA

if you want BA you go straight for an MBA if you pursued a Economics or Finance Degree

Don't listen to this guy.
 

imhungry

Golden Member
Jul 30, 2005
1,740
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In my head I ruled out accounting just because although I'm quick with math, I don't want to be a number cruncher for a large part of my life. I appreciate everyone's comments, though. It's really actually helping me make points.

I considered an MBA but I'm spending 4 years at school and not a semester longer..
 

mchammer187

Diamond Member
Nov 26, 2000
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Originally posted by: JS80
Originally posted by: mchammer187
I think an economics/ finance combo would be alot better and drop the BA

if you want BA you go straight for an MBA if you pursued a Economics or Finance Degree

Don't listen to this guy.

I've known plenty of people that got MBA's after pursing engineering, CS, accounting , in 2 years nonetheless

I see little reason to get a Bachelor's in BA when you can get something like an economics/finance degree.

It would be alot harder going the other way. IE getting a master's in economics after getting a BS in BA.

Not undoable but certainly harder.
 

Firsttime

Platinum Member
Mar 31, 2005
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Finance is more practical. As mentioned earlier getting a decent job with an Economics degree usually takes a PhD.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: imhungry
In my head I ruled out accounting just because although I'm quick with math, I don't want to be a number cruncher for a large part of my life. I appreciate everyone's comments, though. It's really actually helping me make points.

I considered an MBA but I'm spending 4 years at school and not a semester longer..

Accounting =/= number crunching.

You're going to want to work for Big 4. Trust me on this. It will open many doors after two years of monkey work. Remember, Wall St is more or less dead. Unless you're some algo genius Goldman Sachs isn't going to hire you with a 3.4 GPA.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: mchammer187
Originally posted by: JS80
Originally posted by: mchammer187
I think an economics/ finance combo would be alot better and drop the BA

if you want BA you go straight for an MBA if you pursued a Economics or Finance Degree

Don't listen to this guy.

I've known plenty of people that got MBA's after pursing engineering, CS, accounting , in 2 years nonetheless

I see little reason to get a Bachelor's in BA when you can get something like an economics/finance degree.

It would be alot harder going the other way. IE getting a master's in economics after getting a BS in BA.

Not undoable but certainly harder.

No respected b-school will accept a noob straight out of undergrad.
 

imhungry

Golden Member
Jul 30, 2005
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Thought about it last night and I think I'm going to go into either BA/Finance or Finance/Economics. Both seem to have viable career options while maintaining my interest in the subject. I'll keep checking this thread because obviously it's not set in stone yet. But thanks to everyone that replied
 

imhungry

Golden Member
Jul 30, 2005
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haha, that'd be interesting but I don't see how it would apply...I thought about international relations since I can speak Spanish and Vietnamese and a little French but...
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: imhungry
Thought about it last night and I think I'm going to go into either BA/Finance or Finance/Economics. Both seem to have viable career options while maintaining my interest in the subject. I'll keep checking this thread because obviously it's not set in stone yet. But thanks to everyone that replied

What firm are you expecting to join right out of college to start your career in "finance"?
 

imhungry

Golden Member
Jul 30, 2005
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Yeah...I'm 75% or so sure that's what I'm going to do but it's obviously subject to change.