Economics major, finance major, a masters? I really need some help

College Majors Business Major
1

<p>Some background information on me. I'm currently a sophomore. Last year I went to the University of Arizona and this fall I am transferring over to USC.</p>

<p>So basically right now I'm having a huge dilemma. By the end of the semester I need to make a choice between the following.</p>

<p>1) Major in business administration (concentration in finance) and minor in economics
2) Major in economics and enroll in the progressive degree program, do 1 year extra after earning my BA and getting my masters in economics (a 5 year total program)
3) Major in economics and minor in finance</p>

<p>Basically... my problem is I find economics MUCH more interesting than finance/accounting/etc. But the thing I love about the business administration major is that you get a background in so many different subjects like marketing, administration, business communications, finance, etc. before you pursue your concentration. Also I know how much easier it is to get a job with a finance degree rather than an economics degree. However, the idea of having my masters with only 1 extra year of schoolwork and not having to go out into the workforce and then come back is certainly appealing. Plus, like I said I really find economics interesting as well. It was the first class where I managed to earn the highest grade out of any student (250+ student class).</p>

<p>My concern I guess is how hindered will I be by sacrificing the business administration degree and all the background knowledge that comes with it. What kind of jobs can I get with an economics degree? I've been considering personal wealth and portfolio management but I also wouldn't mind a job working for the federal reserve or an economic forecast analyst. As shallow as it sounds I need to make a decent amount of money and I need a career where there is potential for growth and promotion. Not so much for myself, but I was fortunate enough to have a very privledged lifestyle growing up and I want to be able to provide the same for future family. </p>

<p>Also how much will the masters in economics help me with job placement and salary?</p>

<p>Any input would be greatly appreciated. Thanks in advance.</p>

2

<p>It sounds like the master in economics is right for you. There are really good economic jobs for the government. If that doesn't work you can teach community college with a master degree and the pay is good and you do not have to do research like in university. You can also try to steal a finance or accounting job but it will be harder. </p>

<p>What I noticed is that if your major is related to something it doesn't really matter if you have the experience people will want to hire you.</p>

3

<p>You should do what you like, that's what's important! I'd say major in Econ.
Btw, I'm a Econ/Math transfer to USC :D</p>

<p>I plan to minor in accounting~</p>

<p>I was thinking about changing to Business major too, but I realized I can do better in my current major than business admin~ although the reputation of USC's business school is appealing ><</p>