Economics at Princeton very tough!?

<p>I've heard that an Economics Major at Princeton (undergraduate) is incredibly tough.</p>

<p>If it is true, what is the benefits of that program? Anybody in it can give me any advice?</p>

<p>Thanks!</p>

<p>i banking job.</p>

<p>im a sophomore here, doing math track econ, which is the eco 310 311 312 track, followed by B. Malkiel's 362 etc.</p>

<p>Its tough. Don't be disillusioned. I know tens of valedictorians and 1600s that have dropped multiple courses. However, the department is AMAZING. we have amazing lectures at the bendheim center, tons of networking stuff at nassau inn, and trips with princeton prebusiness society. The Princeton Investment Club is another AMAZING group, where you can come weekly and learn literally everything you will ever need to know about investing, market trends, instruments, diversification, etc. I just went to goldman sachs hq in the city (NY) last month, which was more than fun. One thing that I must say is CRUCIAL to success here, however, is to do these things; get out. Learn how to interact with people, get to know people, and dont waste your time learning JUST rote knowledge. Sure, its useful, but not if you cannot apply it practically.
In my opinion, i made the best choice.
Princeton econ > Wharton
> Stanford
> All</p>

<p>And yes, we do want to ibank, m&a, lbo, etc. thats where the $ is.</p>

<p>Hey, what's the difference between ORFE vs. Economics? Aren't both majors paths into Ibanking?</p>

<p>I second the request for the question above^</p>

<p>PS: isn't everything at Princeton tough? :p</p>

<p>orfe is so much better... its what ibanking is and will definitely be in the future</p>

<p>Does Paul Krugman teach any undergrad classes?</p>

<p>inopa,</p>

<p>Thank you so much for your insight. It is always good to get someone's opinion from within the school.</p>

<p>sorry, but what is ORFE?</p>

<p>ORFE = Operations Research & Financial Engineering</p>

<p>So many freshmen start out thinking they will major in econ...a fraction of them actually do. Econ didn't actually use to be as hard as it is now; the current admin wanted to diversify major choices and so they made sure it got tougher.</p>

<p>how much physics and chem do you actually need to take for ORFE (seeing as it IS classed an engineering major and probably requires SOME science courses)?:P </p>

<p>also, how hard would it be to transfer out of the arts dept. and into ORFE?</p>

<p>To get into the ORFE program, you just need the prereqs of the Princeton GenChem (or 5 on the AP), Physics 103/104 sequence (or 5's on the two physics), Compsci 126 (intro), and then math 201&202 (multivar calculus and linear algebra). You also need a stats class, like eco 202 orfe 245 etc, or a 5 on Prob&Stats</p>

<p>I was actually an engineer debating MAE and ORFE, but then took an amazing econ intro course with Reinhardt and was immediately entranced. Amnesia, ibanking isnt ORFE specific....ORFE is the engineering or more mathematical/computer analysis version of ibanking, while econ is the less quant version. The reason that I chose to switch from BSE to AB and into econ from ORFE was that I didnt want to be sitting behind a computer all day, and wanted a more real world approach...read Liar's Poker, it has valuable insight into how 'the more intricate the computer model, the less it accurately models the market.' In my opinion, the new field of behavioral econ is the future (there was just a new behavioral econ course founded for the first time ever this year). </p>

<p>Its not tough at all to switch between ANY majors, until the second semester of soph year, when you NEED to know what you're doing.</p>

<p>One of my friends took a freshman seminar by krugman, but i have not heard of him teaching other courses...its possible though.</p>

<p>Oh, and concerning the question about everything being tough:</p>

<p>Yes...and even with all you hear about the deflation, its effect is understated. Take the most intelligent kids your age from around the world, put them in one place, tell them there's a competition for who's the smartest, that there are only X A's given out, and let them rip each other's throats out. That's what you see here. Sometimes, its despicable. Yet, in this diehard environment, it is also incredibly motivating, and in a sick twisted way, attractive in that your learn so much in the process.</p>

<p>is it really THAT bad?</p>

<p>I don't mean to scare you, but it really is quite competitive and difficult yet very rewarding. Maybe my 12:01 post was a little bit over the top, but anyone here will tell you that the competition is thoroughly understood and felt. </p>

<p>And also remember, I am generally speaking of the upper level math track econ courses, there are easy intro courses too. Don't worry; if you are able to get in, you will do fine. And you will LOVE it.</p>

<p>What's the difference between "math track" and, I don't know, regular (less math-oriented?) economics? Are they separate majors, or versions of the same major?</p>

<p>For ORFE, what's the difference between that and just Operations Research</p>

<p>Furthermore, are there any other colleges that offer this ORFE major, because from inopa's entry, gosh it sounds interesting!</p>

<p>and lucrative! lol</p>

<p>Guess what, it's PRINCETON!!</p>

<p>Do you expect schooling here to be a cakewalk?</p>

<p>
[quote]
I don't mean to scare you, but it really is quite competitive and difficult yet very rewarding. Maybe my 12:01 post was a little bit over the top, but anyone here will tell you that the competition is thoroughly understood and felt.

[/quote]
</p>

<p>Let me chime in..</p>

<p>Yes, Princeton is intense, probably most intense among HYP. You should really work your ass off to get A.</p>

<p>The other day, I had a lunch @Mediterra (always good food yum yum :) btw, let me recommend the free-range chicken with olive source on top). After lunch, I strolled down the campus. The campus was very quite (I guess it was in the middle of the reading period) and I must say stress level was ridiculously high.</p>

<p>Welcome to Princeton where your best effort hasn’t been good enough since 17XX!!!</p>