Economics/Poly Sci Double Major

<p>I'm going to be a sophomore and I'm currently trying to decide my major. I know that I'm going to be an Econ major, but I've recently been considering a second major in Political Science.</p>

<p>My question is if a second major in poly sci will help my career. I'd study political science with an emphasis on economics and international relations with respect to economics as far as that's possible. </p>

<p>For careers I'm thinking that I might want to work on Wall Street/in the finance industry, but I also might like to be a professor and therefore I'd get a Phd if I decided to go that way.</p>

<p>Any advice is greatly appreciated, thanks.</p>

<p>The quantitative abilities you develop in an economics program will be valuable. A political science major will not add any vocational value to your education.</p>

<p>If you want to get a PhD, a polisci major is a good idea, particularly if you want to go towards international economics, or international political economy. Modern polisci research is quite quantitative in approach these days, so it could go well together with econ, more so if you take clases on political economy, game theory, etc. If you plan to work in some international institution (IMF, World Bank, OECD,…) it’s a fantastic combination of majors as well.</p>

<p>On the other hand, if you end up deciding to work on Wall Street, a double major in econ and finance might be more useful.</p>

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<p>Landing a job as an investment banker on Wall Street requires that you go to a target school, and the majority of Wall Street target schools do not offer finance majors.</p>

<p>Not only that but investment banking is a extremely exhausting job, both mentally and physically. 100+ hour work weeks, staring at screens all day, sleep deprivation, zero social life. Sure you do have the potential to make a lot of money, but once you start slipping up or outliving your usefulness, they will cut you. If the economy tanks again, which it will at the rate of increasing inflation you will get cut. Wall Street is not a stable path to follow. A public sector job might be better.</p>