<p>I'm a junior in high school, and was interested in knowing what econ leads to at Columbia. I know it's not a business program, but wouldn't quite a few econ majors still end up at a business firm? I'm kind of vague on this, and I wanted to know more before I start finalizing my college list.</p>
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<p>What’s a “business firm”? Um, that’s every company. Every company does business. A company (besides a non-profit) exists for the sole purpose of making a profit for its shareholders.</p>
<p>To answer your question (which Columbia2002 failed to do), econ majors usually go into tax firms, financial firms, and auditing. But, they don’t exclude themselves to those fields. Economics is fundamentally about choices and decision making so it could be applied to most fields. My take is that everyone needs an econ major no matter what the field. This is why you’ll never find economics as a major among any business school. It’s a social science and is very flexible when it comes to looking for aq job.</p>
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<p>tax and auditing is less frequent at Columbia. The big destinations are finance and consulting firms (probably like 60-70%), econ phd programs (~5-10%), government organizations like the fed (~5%), law school (~10%), NGOs like WB, IMF (10%), and then tax and auditing firms (5-10%).</p>
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<p>This is only true of “corporations” and not for entities that don’t have shareholders, like llcs and partnerships. </p>
<p>Also, the point of any business is to make profits, not just for shareholders in the case of a corporation…</p>
<p>@ columbia2002 and collegegrad : you guys are lame.</p>
<p>@ OP: yes u can get a good job majoring in econ at any “profit making institution” (happy u guys ?)</p>
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<p>Lame attempt to impress. Shareholders, stakeholders, owners, those with an entitlement to receive profits, etc. — whatever.</p>
<p>LOL ^ (10 char)</p>
<p>Thanks to the people who actually answered the question.</p>
<p>If I major in Econ, would this be comparable to Stern or Wharton?</p>
<p>depens on where ur doing it… u cant compare a major to a school. if ur majoring in econ at Harvard, MIT, Princeton, Yale then yeah its comparable mabybe even columbia nd dartmouth to a lesser degree… but if ur at temple university then hell no.</p>
<p>Sorry, I should have specified. I meant specifically econ at Columbia. Columbia is at the top of my list for schools (I’m still a junior, so nothing is set in stone), with Penn and NYU near the top as well, so I wanted to know how they compare in preparing students in business.</p>
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<p>Ok you need to be more specific than business, there really is nothing like “business”, “preparing students in business” is nearly as broad as “preparing students for life”. if you’re talking about getting an MBA, many wharton undergrads never go to mba programs, and your work experience in whatever you do matters more.</p>
<p>in terms of placement in financial and management consulting firms, Wharton has a slight edge over Columbia which has a slight edge over Stern.</p>
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<p>I feel like everyone is wasting their time here. It’s clear the OP hasn’t read a single thing that anyone posted and still has no clue what is meant by “business.” Let’s stick to basics.</p>
<p>I agree that I really feel like Im wasting my time also. I specofically went over the fact that majoring in econ is nothing like a major in business school and I specified why. Rray665, did you not pick that up? </p>
<p>Please refer to first post.
And I dont think youre ready for college level econ because those who are ready have done their research well in advanced.</p>
<p>confidentialcoll is absolutely right. wharton>columbia>stern with respect to job placements. though if ur actually looking for a stimulating undergraduate experience id say columbia>>wharton>stern.</p>
Sorry for reviving an old thread, but why is columbia superior to wharton and stern in terms of a “stimulating undergraduate experience”?
@DeeperBlue25 Columbia is definitely a better overall academic experience than Stern. NYU as an undergraduate school is not at the level of Penn or Columbia, it is not strong across the board. Stern is a strong program but it provides a very limited education compared to the other two, you don’t get a world-class well rounded education. Now saying columbia provides a better undergraduate experience than Penn is not true at all. Also Penn has better job placement than both Columbia and Stern.
What about Columbia’s location in NYC? Does that help it get priority over other colleges like uPenn for job placements on Wall Street?
For job placement Wharton and Stern are above Columbia .Wharton and Stern also have very flexible curriculum where you can take almost half your classes in the liberal arts outside of the business school if you choose to do so.
“Columbia is a better overall academic experience than Stern” In what sense? I chose Stern over Columbia when deciding on colleges. At Columbia I would’ve had to to take a bunch of useless core classes I have no interest in. Stern actually lets you take classes that are relevant to what you want to do.
From my experience Wharton and Stern seem to be the two best schools in the country for placement into finance.
For business-oriented students, what are the advantages and disadvantages of the core curriculum?