<p>I'm from NYU CAS and I've had an internship in both banking and consulting - keep your GPA high and you'll be fine.</p>
<p>That sounds great. So, if you don't mind me asking, how high was your GPA? Are classes extremely competitive in econ?</p>
<p>The unwritten rule is that you need a 3.5+ GPA to get into i-banking from NYU CAS, and a 3.8+ GPA to get a job with a top consulting firm (this goes for any school, not just NYU). At least with consulting, you are not competing for jobs with Stern students, since consulting firms do not recruit from there.</p>
<p>Would you categorize NYU CAS as a target then?</p>
<p>No, it would be a semi-target. </p>
<p>If you come here, get a finance job with a small hedge fund during the year. You will not only learn more about finance but build you resume, and this will help you get a lot of i-banking interviews in the future.</p>
<p>Would you class Michigan-LSA as a target or semi-target? I know Ross is definitely a target.</p>
<p>So, it wouldn't matter if I went to NYU CAS or any other semi-target?
I mean, the internship opportunities and strong econ program are the main reasons why most people attend NYU CAS, right?</p>
<p>MightyNick - Personally, I would classify Michigan-LSA as a semi-target, but I don't know many people from there working in the BB banks now. </p>
<p>aquamarinee - Yes, those are the two main reasons people come to NYU CAS to study econ (at least for those eventually going into business). </p>
<p>Consider what TheWhartonSchool (who has also interned at a bank) said in his thread...</p>
<p>"Stern has had its ups and downs, at a few BB's more people from NYU's CAS got jobs, rather than Sternies."</p>
<p>Take this with a grain of salt, but my point is that many people from NYU CAS have gone on to get solid jobs in banking.</p>
<p>Quite often I've heard that investment banks prefer hiring econ grads, but the fact that schools like Ross and Stern have such good career centers and are totally focused on landing their students with top jobs, they're more of a "target" than NYU-CAS or UMich LSA. At least that's what I think. </p>
<p>Also, I personally think that getting good grades in Econ courses is much harder than getting good grades in Business school classes. While I do think that Stern and Ross kids are really smart, students who major in Economics and do well aren't necessarily worse off than those in the business schools, and thus should land similar job offers.</p>
<p>What else can you do with an economics major, if you are so unlucky as to not get the job at a [major] firm?</p>
<p>What else can you do with an economics major, if you are so unlucky as to not get the job at a [major] firm?
They can generally go into most areas of business, especially finance. Economics, as a study, is more focused on ways of analyzing issues rather than knowing specific facts. In that sense, the degree is applicable to a number of different fields in business. The most obvious is finance. However, you can land consulting jobs with a degree in economics. The most important thing economics will do for you is to give you a more thorough way to think. Using that on the job and seeing how things can be improved is one of the most important skills in business.</p>
<p>What to do with an Economics Major:</p>
<p>Occupations related to Economics:
[ul]
[<em>]Financial Officer
[</em>]Financial Planner/Analyst
[<em>]Teacher
[</em>]Business Manager
[<em>]Investment Banker
[</em>]Stockbroker
[<em>]Litigation Consulting
[</em>]Management Consultant/Analyst
[<em>]Credit/Loan Officer
[</em>]Property Manager
[<em>]Underwriter
[</em>]Market Research Analyst
[<em>]Journalist
[</em>]Accounting
[<em>]Government Adminstrator
[</em>]Development Officer
[li]Human Resources Manager[/li][/ul]</p>
<p>Industries that recruit Economics Majors:
[ul]
[<em>]Banking and Trading
[</em>]Management Consulting
[<em>]Insurance
[</em>]Accounting
[<em>]Government (Federal, State, & Municipal)
[</em>]Retail
[<em>]Healthcare
[</em>]Non-Profit
[<em>]Entertainment
[</em>]Education
[/ul]</p>
<p>Thanks, dhl3. I guess all is not over if I don't get into consulting or ibanking xD</p>
<p>^ Get a PhD in economics and go into government (Fed, World Bank) or become a chief economist for a bank, political action committee, or economic research organization. Or become a professor.</p>
<p>Man, I want to get a PhD in econ...</p>
<p>Dhl,</p>
<p>"Occupations related to Economics:
....Human Resources Manager"</p>
<p>Economics goes into HR? How so? I'm interested in HR, and I'd imagine that a business education or even psychology would be more suitable, no? would love to know as i might not be able to get to an undergrad b-school and might need an alternative major.</p>
<p>My S plans to take his Economics major and apply to law school. Apparently, it's a good major as far as LSAT prep ... in that it helps with teaching analytical thinking and analysis. Economics majors tend to score on the higher end of the LSAT. Whether that's because of the Economics degree or because economics is appealing to those who would have done well anyway ... is the $64,000 question. But my S loves it ... really fits well with how he looks at life and analyzes things. </p>
<p>zebes</p>
<p>
[quote]
Economics goes into HR?
[/quote]
</p>
<p>Sure, there can be a lot of analysis in HR with salary surveys, benefits, etc. An economics degree would be valuable for HR.</p>
<p>Hmm, I think I feel more confident now about what I want to major in. I previously thought that economics might be a good major, unless I double majored in something else also... but now it seems fine just by itself.
I'm also considering marketing, in addition to consulting and ibanking. Sounds like economics is a good choice.</p>
<p>Yes, the good thing about economics is the versatility of the degree.</p>
<p>Really? I heard that a degree in economics usually goes into government or teaching, and some businesses at the higher degree. That is of course just hearsay, but I do know of many stories that seem to prove such.</p>