<p>If you had a degree in Economics, you wouldn't be able to get that job? That seems contrary to what I've read before.</p>
<p>polo1A, where'd you read that an econ major can get such a job?</p>
<p>Depends on the firm. Some smaller firms prefer to hire only buisness majors, but almost all of the big names do not make a business degree a requirement because they have extensive training programs. </p>
<p>Trust me, even history majors can be ibanking jobs.</p>
<p>
[quote]
polo1A, where'd you read that an econ major can get such a job?
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</p>
<p>how about almost everywhere? considering most ivy league schools do not have business programs and i-banks recruit heavily at ivy league schools they're going to be picking up people with majors that are economics and other things totally unrelated. I've seen people with majors in African American Studies, Art History, etc all go on to i-banking jobs.</p>
<p>Aurelius is right, it's usually smaller mid-market firms that require a business or accounting background because they usually don't have the resources to train you. When you work at a BB they have more resources at their disposal so their training program is more extensive, that's why they can train Art History majors to perform dcf valuations and other techniques that are totally unrelated to their major.</p>
<p>Thanks dcfca and Aurelius, that's more in line with what I've read.</p>
<p>What could i do with a business major that could make me lots of money, right out of college and also as a career?</p>
<p>The jobs that make the most money are in banking and then hedge fund/ private equity. If you are good you'll make 1M plus in your thirties. To get one of these jobs I would attend the following schools in this order. Note a majority are econ programs.</p>
<ol>
<li>HYPS (econ), Wharton (business)</li>
<li>Dartmouth, Columbia, Duke, Penn (all econ)</li>
<li>Brown (econ), Cornell (econ), NYU Stern (Business), Michigan (bus), Haas (bus), Williams (econ), Amherst (econ), Northwestern (econ)</li>
</ol>
<p>^ For Cornell, it'd be AEM (a management/economics major)</p>
<p>I'm actually not sure about that. What I've heard is that the elite recruiters give no preference to AEM over econ in CALS.</p>
<p>For Wharton, it is also an econ degree, but Bachelor of Science vs. CAS Bachelor of Arts in econ.</p>
<p>Biglaw starts at about $150k. But that means you have to go to a top15 law school and do well.</p>
<p>Petroleum engineering...for now. With high oil prices, oil companies are giving starting petroleum engineers 80k-90k salary with 10-20k bonuses.</p>