<p>Is it true that economic majors won't get a good job unless they are in the top 10 percent of their class?</p>
<p>That probably can't be true. 3.7+ GPA is awesome, 3.5 very solid, 3.0 an iffy maybe for a "good" job. No such rule as top 10%.</p>
<p>You also have to take into account the school one is graduating from... a GPA above 3.0 at any of the top schools is probably good enough to get you a "good" job, whereas a school with a weak alumni network / poor reputation might not be as effective in getting you a "good" job.</p>
<p>Also, define "good job" please. Someone's good job may be another's great job and a bad job for someone else.</p>
<p>-Eddie-</p>
<p>a job that pays at least $80,000</p>
<p>Anyway, % doesn't matter because GPA is what matters. Of course school's reputation is also taken into account, like EPorrell said. Recruiters look at more than just academics, but regarding academics, it's really only GPA that counts, not class standing.</p>
<p>my econ text book said that 50% of econ majors end up teaching it...</p>
<p>if you look at the BLS (bureau of labor statistics) the average starting salary of a person with a bachelors in economics is 44,000, and increases substantially after 10 years. Everyone wants economics majors, consulting firms, banks, and other private industries. There are plenty of jobs for economics majors, dont stress...</p>
<p>also economist jobs are supposed to grow faster than average through 2012</p>
<p>I was wondering if Economic majors vie for the same job as Finance majors, etc.? Since my University has a very competitive Business school I was highly considering majoring in Economics. If an Eco major graduates with say a 3.4, would they be able to get a decent job (40-50,000)? Thanks for any info!</p>
<p>I don't think most econ people make 80K at entry jobs...</p>
<p>It depends on the school I suppose. If you go to MIT or Princeton, being in the top 50% will be more than enough to get a student a respctable job. IF you go to a school like Rutgers or UMASS, you may have to be closer to the top 10%. </p>
<p>And $80,000 as a starting salary is almost unheard of. Most top Econ majors (3.5+ GPA) at top Econ programs (top 20 Econ programs) start in the $40,000-$60,000 range.</p>
<p>My family friend went to Boston College for business. He ended up getting an ibanking job in lehman brothers and got a starting salary (base salary+bonus i think) of 100,000 dollars in his first year. He was thrilled and he bought his parents the best watches he could found. well, he was extremely qualified obviously (age 1-age 10, he lived in China, age 11- age 17, he lived in Germany, Age 18-22, he lived in Boston. He speaks English, German and Chinese extremely fluently and he was THE best biz students in BC)</p>
<p>Alexandre: mmm, if you add up ALL the analyst positions in ALL the wall street investment banks (including ones with headquarters in LA, SF, TN and NC), how many "lucky" undergraduates in U.S.A. can get analyst positions right out of colleges?</p>
<p>Untilted, if you are including year-end bonuses, yes, $100,000 is possible. But if you are talking about base salary, it usually does not go far above $60,000.</p>
<p>now can you answer the second part of my question, please?</p>