Economics vs. Finance vs. Business

<p>as a rising high school senior, college is coming up soon for me so I thought id get a better idea of some of the majors i seem to be interested in. ive read up on these 3 majors but im still having a hard time distinguishing between the 3.. can anyone give me some more detailed info on the majors (types of jobs, etc.)</p>

<p>and not that money is the most important thing but graduates from which major make the most usually?</p>

<p>Economics grads typically work in analyst positions, Finance in money management positions, and Accounting in governance positions.</p>

<p>Positions in finance, which any of these majors can prepare one for, offer the highest top salaries. Accounting typically offers a strong starting salary, but doesn't top out that high at the top levels.</p>

<p>Salaries for economics can vary, because its graduates go into many different fields (business, government, social sciences). Grads from top schools are recruited for finance.</p>

<p>Well it really depends on your college. If they don't have a undergrad b-school then econ is the way unless you're gonna aim for masters then that's it.</p>

<p>Basically, accounting is the safe, easier route. If you can get employed by one of the Big4 accounting firms (Deloitte, Ernst and Young, KPMG, and PricewaterhouseCoopers), you'll enjoy a decent low-six-figure salary for probably the rest of your life (though it won't increase much). There is also the possibility of transferring to other in-firm jobs such as consulting and audits, which are more lucrative but also considerably more competitive.</p>

<p>The analyst and money management positions ferryboat10 talked about still pay a lot, but are incredibly competitive. Every year state school superstars make it, but for most you'll need a 3.5+ from a top-20 school to merit consideration. </p>

<p>Don't worry too much though--if you end up at a place without a business program, recruiting firms will know about it and help compensate through additional training. However, you'll still be expected to know the basic knowledge through self-learning and all that jazz.</p>

<p>It's impossible to quantify the earning potentials of an econ, finance, or business major. Realize that your abilities dictate your paycheck. If your incompetent, it doesn't matter what you choose as a major. Likewise, if your a "superstar", it doesn't matter what you choose as a major.</p>