<p>I can't decide which major to put down on my college application - business or economics.</p>
<p>Firstly, I don't know what the major differences are, could someone explain it?</p>
<p>Nextly, I hate math, and I read somewhere that Econ majors have one of the highest GMAT scores. Is it neccessary to be decent in math to survive in Econ?</p>
<p>to be able to do well (or survive) in economics in undergrad, u need cal 1,2,3, linear algebra 1, mathematical statistics and econometrics. It shouldn't be too difficult if you work hard.</p>
<p>Business would be better suited to you seeing that you hate math... business requires only business cal, business statistics, both are less theoratical.</p>
<p>Added: Differential equations are also needed if your school requires economics courses with dynamic analysis (which time becomes a vector).</p>
<p>Do marketing</p>
<p>futurenyustudent could you please stop telling everyone to do marketing. marketing for the most part is just as math intensive as finance. I would however recommend finance, and to avoid econ. Econ math is more difficult then finance math if the hardest courses are taken. It is fairly easy to get a Finance degree and escape upper-level math for the most part.</p>
<p>Since when have I told everyone to do marketing?</p>
<p>And you can't take a joke? Geez...</p>
<p>I can take jokes, but this guy is obviously looking for some serious help. A choice of major in college is not a joke. Keep in mind that people who read the forum may change the course of their life by one of your posts. If you post to joke around, keep it off of this forum.</p>
<p>True. I am weighing my decisions on what my intended major is when I am going to apply to the UCs this month by what others have to say, a lot from people on CC.</p>
<p>Can anyone tell me the different job opportunities one would have in choose Business over Econ (if econ really requires upper level math, I don't think I'd want to choose it.)</p>
<p>I'm looking for a career where there is a high chance of moving upwards, a decent - good annual salary, etc. I've heard good things about being an Investment banker but I know absolutely nothing about what to major in in college. Any help?</p>
<p>with an economics degree, "technically" you could then basically do anything. At a career fair we had for alumni, there was an econ. major who ended up being a circuit court judge <em>I know!</em>. That is a pretty strange change. But with a business degree, you are more or less stuck in business and have less flexibility to say switch to being a scientist or something. Which gives you more money, well in my opinion that would probably we business.</p>
<p>Ahh I see.</p>
<p>Well, thanks for clearing a lot of the stuff up. I will apply to UCD with an intended Business major than.</p>
<p>"to be able to do well (or survive) in economics in undergrad, u need cal 1,2,3, linear algebra 1, mathematical statistics and econometrics. It shouldn't be too difficult if you work hard.</p>
<p>Business would be better suited to you seeing that you hate math... business requires only business cal, business statistics, both are less theoratical"</p>
<p>Dont exagerate the requirements. Mathematical Statistics is NOT required for econ undergraduate, and neither is differential equations or linear algebra.</p>
<p>Overall, a lot more math is required for econ than for business. But investment banking and finance generally require a lot more math than any other portion of business. Even accounting, which seems math-oriented, only requires addition and subtraction and simple multiplication and division. Investment banking requires advanced computation of internal rates of returns, capitalization calculations, etc. If you can't do math well, forget investment banking--you will never survive.</p>
<p>Besides, there are a lot of great career choices besides investment banking. Not everyone wants to do computations and tout sheets for 80 to 100 hours per week in a sweatshop environment.</p>
<p>"Dont exagerate the requirements. Mathematical Statistics is NOT required for econ undergraduate, and neither is differential equations or linear algebra."</p>
<p>at my school, linear algebra, mathematical statistics (yes, mathematical statistics, not business stats) is required for even BA economics.</p>
<p>perhaps your school is less rigorous than mine.</p>
<p>abcboy please tell me the name of this school that would require multivariate calculus probability theory and math stat for econ majors. Not even Stanford, or MIT has this requirement.</p>
<p>Looks like you go to UoT ABC, I checked their econ department and Math Stat is NOT required, and neither is Linear Algebra.</p>
<p>uh... yes, we do, even BA economics, otherwise we aren't allowed to take econometrics and the advance micro and macro courses, which are also required.</p>
<p>University of Illinois at Chicago requires Finite Math for Business (Probability Course), Mathematical Microeconomics (equivilant to probably calculus 2), econometrics, and statistics for business and economics.</p>
<p>I took Business Calculus as an elective, wasn't a requirement. I took Mathematical Micro prior to Business Calculus and thought it was at least twice as hard. I thought Business Calculus was probably like an intro (calc 1) type course. I think it should be a requirement, because like I said...Mathematical Micro is basically a more advanced calculus course (professor even said on the first day it was more of a calc class than an econ course). I just didnt think it made sense not to require an introductory calc course prior to having to take that. I ended up with a B in the class, but I spent a ton of time on it in order to pick it up. It was tough. But, probably would have been easy had I taken calculus prior.</p>
<p>I think there was probably more math for Business Econ majors? I was a liberal arts econ major - BA, not BS. Depending on electives for your concentration...it could be more math. But, no econ class that I took was immune to math...they all involved math at some level (many times pretty basic math) but I don't recall having an econ class without any math whatsoever.</p>
<p>Depends on where you go too. I've seen schools that offer Applied Economics as an option, which is supposedly less quantitative than a regular econ major. My school didn't offer that option, but I probably would have gone that route had that been available to me. It wasn't that bad though...just a lot of memorization of formulas. You get used to it after awhile.</p>
<p>so what is the verdict...</p>
<p>what is the least math intensive program for a person who does not like math</p>
<p>(and in my case public speaking as well...aka marketing)</p>
<p>p.s. i know i post a lot about this, but i got accepted into penn state BA in Econ and im not a math whiz at all, so im nervous.</p>