<ol>
<li>What's the difference between the two?</li>
<li>Which has a more practical usage and is more reputable in the business world?</li>
<li>What kinds of jobs do people that majored in econ/finance get?</li>
</ol>
<p>This topic has been discussed numerous times before. Do a search.</p>
<p>1) Google.com, the boards are for specific questions, not “what is finance and econ?”
2a) finance is probably more practical, considering that econ is more theoretical, except for some degree paths that offer things like quantitative track for econ or something similar.
2b) I would say econ, by default, is more “reputable” only because it is usually the only business type degree offered at the Ivys. Therefore, one would assume that if one were to take a sample of the top econ and finance majors, it would appear as though the econ students would have better stats because maybe some who wanted to do business and went to an Ivy saw econ as an only option, but whose to say those students wouldn’t have chosen econ if given that option. Tough question to answer
3) Finance- analyst, portfolio manager, other financial ****t lol
Econ- professors, government work? not really sure about that one</p>
<p>You can become a trader, consultant, portfolio manager, researcher, economist, etc. with an Economics degree.</p>
<p>At the undergraduate level, a finance degree is probably more valuable than an economics degree (especially if at a business school). If it’s not a BS in Economics or a BA from a reputable school (the usual suspects plus a few schools known for sophisticated mathematical econ), an economics degree is not worth much in terms of employment. </p>
<p>The fact is that the math covered by a BA/BBA in economics usually stops at differential and integral calculus (if that). You’ll need more math if you want your econ degree to qualify you for more than a job any business school graduate could obtain. </p>
<p>If you’re interested in economics as a profession, avoid the BBA route. It’s not because the material covered by the business school is unimportant, it’s that a BA/BS route allows more room for math classes that are necessary if you want to work as a professional economist.</p>
<p>In sum, an undergraduate finance degree is probably worth more in terms of potential earnings power. Basic portfolio analysis does not require much sophisticated math, and the “financiers” who create complicated structured investment vehicles are primarily math majors.</p>
<p>So what about a master degree in finance?</p>
<p>I am not sure if a master’s in finance is exactly the best decision. If you go that route, be prepared to deal primarily with quantitative issues. If you get a MS in Finance you might position yourself as overqualified for certain jobs that require a BS. </p>
<p>In actuality, it would be better to just get a MBA with an emphasis in finance than seeking a master’s in finance.</p>
<p>I don’t believe theres such thing as a MA in finance besides an MBA with a focus in finance, but I could be wrong.</p>
<p>Economics: The study of production, goods, services. macroeconomics deals with international trade, currencies, etc. Micro deals with supply and demand, monopolies, different business structures, etc.</p>
<p>Finance: The study wealth. Deals with securities (equity, bonds, etc.) and derivatives.</p>
<p>VERY BASIC synopsis of the two^</p>
<p>^^Yes you’re wrong. There are plenty of Masters in Finance programs.</p>