<p>My intention entering into college was to ultimately go to law school and become a lawyer. I'm in my freshman year and majoring in economics. However, now I'm starting to think about life if law school doesn't happen. My advisor recommends a double major in economics and mathematics. However, I am also considering double majoring in finance and mathematics. The goal in either case would be to obtain a phD in economics or finance.</p>
<p>The problem is that I'm torn whether to go the economics or finance route. Economics is what I'm generally interested in. Additionally, I feel as though economics would be the best major if law school worked out. However, I see myself wanting a phD in finance more. I can see myself wanting to do more jobs in the finance field. </p>
<p>I really don't know much about economics or finance as far as course load and everything. I'm in Principles of Microeconomics currently and am doing fine. I haven't taken a finance course yet. I'm looking for any constructive advice. Thanks in advance.</p>
<p>Either one is fine if you want to get a PhD in econ or finance, but if I had to choose, I would go with econ. Prioritize math. Math >>>>>>>Finance or Econ</p>
<p>Honestly I think either one is a good choice. You’re in a win win situation. Take a couple of classes in each subject and major in whichever one excites you more.</p>
<p>Do Math + Economics</p>
<p>(1) oneguy21 is correct in that the heavy emphasis is placed on math.
(2) You may do a finance PhD with an economics undergrad degree but it is much more difficult to do an economics PhD with a finance degree. All economics PhD programs require Macro + Micro Theory while finance PhD programs usually only require a basic finance class or two (because the heavier emphasis is on math)</p>
<p>You don’t need to necessarily major in either to do a grad program. If you want to get a taste in both, major in math and minor in both programs. That way you can get a good taste of what both has to offer.</p>
<p>You can learn the actual econ or finance stuff in grad school, it’s much harder to learn the requisite math. All you really have to take econ wise to get into a grad program is an upper-level microecon class (Intermediate Microeconomics usually).</p>
<p>You need both Intermediate Macro and Micro and thats the BARE MINIMUM. Trust me, major in econ + math. You will have way more options PhD wise. Now if you want to work on Wall Street, that’s a different story.</p>
<p>You are a freshman. What econ, finance and/or accounting classes have you taken? I know many people that hit that first accounting class and either love it or hate it and that changes their career goals. I have taken 3 macro econ classes in my life and hated each one, on the other hand, I loved micro. </p>
<p>Give it time to see what comes most naturaly to you. In business you have to love & be good at what you do or you will be miserable.</p>