<p>Hey guys! I got accepted into UIUC for Business Undeclared, going into Accounting at the moment. However from what I've researched, it seems Economists get more in terms of salary, is that true? If possible should I attempt to switch or stick to Accounting, because UIUC is really good at accounting and UIUC also does not offer an Economist Minor. </p>
<p>Also, I'm asking this because I get conflicting sides on who gets more money, so far I've seen more articles siding with Economists.</p>
<p>Lastly, what minors should I go for? I'm thinking some sort of science/technology and English?</p>
<p>Do not pick a major solely based on salary. What’s the point of making more money when you will spend a significant portion of your life at a miserable job? So what do you find more interesting? Do you enjoy math? Do you plan on going to graduate school?</p>
<p>Accounting and Economics are both fantastic degrees, but they’re quite different. Try taking some of the introductory courses to see what you like more.</p>
<p>Thanks, I actually really like both Economics and Accounting, but I like Economics more because I’m taking AP Microeconomics right now, and I have never taken accounting before. I like the view that economists have compared to accountants, but I think knowing from both perspectives is better. And I’m also planning on going to graduate school.</p>
<p>If you plan on going to graduate school in economics, then you will need to take a lot of math and statistics courses. You will learn more about the fundamental principles of business with a accounting degree than a BS in economics. Econ at the graduate level is nothing like high school economics. Many math/stat majors end up going into PhD programs in economics because of how math intensive it is. Be prepared to take calc I through calc III (multivariable), statistics courses such as time series analysis, and math courses such as real analysis if you plan on going to a top graduate school in economics. </p>
<p>If you come out of graduate school in economics, you will have a stable, well paying job. Accounting majors typically do not go to grad school, and end up finding business related jobs right out of undergrad. You may wish to get an MBA if necessary after a few years if working.</p>