<p>Are the career prospects for an econ major the same as the ones with a bba? Do they get hired by the same people and get paid the same salary?</p>
<p>i want to major in econ as well or try for a double in finance and econ. to get a real nice salary in econ, which is highly competitive, you should try to go for an MBA or PhD.
you can still get into investment banking or be a chief economist at a hedge fund where the sky is the limit on how much you make. for a goldman sachs employee, the average salary was $620,000 last year.</p>
<p>The thing is im planning on to apply for ross… but if i dont get in i will possibly hv to major in econ, so i was wondering if i would be able to get a i-banking job at maybe goldman sach if i had a econ major. Do i have to get a mba or a phd to get an i-banking job?</p>
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<p>No. You don’t have to be in the Ross school of Business to get banking jobs. You don’t have to major in business to get a job in business. However, I’ve heard that being in Ross does help you a bit, mostly because its career office helps you out a lot. However, the employers I talked to at career/job fairs and the job listings I looked at on the career center website, most companies don’t have a preference for major. Those that do, Economics is usually mentioned among Finance and Accounting.</p>
<p>Thanks so much! Do the first year classes of LSA have hundreds of students?</p>
<p>^^ Yes. So do second year classes, especially Econ 401 and 402. It’s no big deal. The lectures are huge, but your discussion sections have 25-30 people.</p>
<p>in finance obviously they need people with strong real-world abilities, but even still having a PhD or MBA gives you additional authority in the field and almost always means you will make substantially more. this is especially true if you get an econ PhD from University of Chicago or an MBA from the Wharton School of Business</p>