Economics?

<p>Ya that’s what it said on their website. I heard some rumors tho that NEU might add finance to that selection. I wonder if a lot of our classes will be in the college of business with other business majors. I’ve yet to your the halls yet but interested to get on that soon.</p>

<p>How do transfer students go about picking up a double major anyway? Since I’m in economics would it be fairly easy to pick up one of the listed double majors for economics after say a full year being at NEU?</p>

<p>It’s not a rumor, it’s true. The economics department has added a dual with the College of Business. It will be Economics-Business, not Economics-Finance, although obviously 99% of students will want finance. We don’t have a “finance” major. The dual just hasn’t been added to the registrar yet. </p>

<p>From someone else on this board and discussing with the economics advisor, it will be based out of Economics, not Business. That means you’d be (mainly) in the College of Social Science and Humanities so you wouldn’t have to transfer. The same thing goes for the other duals, like Math (which is in Social Science and Humanities because it’s controlled by the economics department even though math is in Sciences).</p>

<p>A dual is about 75% of each major, so obviously all of the business classes will be with business students. There are a few other duals with business, like computer science. It’s not unusual.</p>

<p>Double majors are different, you need to complete the full requirements (100%). It’s actually pretty hard for most students, especially transfers, to complete a double major. No one outside of Northeastern cares or knows about the difference between dual and double. If you don’t start it immediately, you probably won’t be able to finish it.</p>

<p>I’m not on an internship. I graduated already. My job is in NYC. Expenses are fine, but NYC is tight for anyone.</p>

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<p>Had to jump in here and disagree with this for a minute.</p>

<p>From my personal experience, math/econ/physics/engineering are very desirable major’s at banks.</p>

<p>The important question you need to ask yourself…what field do you want to work in?</p>

<p>For example…If you are interested in equity analysis and want to be involved in M&A etc… (jobs that require extensive financial modelling abilities)…study finance and aim for the CFA.</p>

<p>If your interests lie in asset classes that are more macro based, and you want to get into research or trading… (Fixed income, currencies, commodities)…then maybe economics would be more fitting.</p>

<p>I have to say… two things that are incredibly valuable at banks… while not a requirement in the banking world, programming abilities can help improve your job prospects ALOT. Mathematics and programming are huge…huge…huge, can not state that enough.</p>

<p>Thanks for that information Neuchimie! I just requested a major change from BS in Econ to BS Econ & Business but will probably concentrate on Accounting rather than Finance. </p>

<p>Scom - when you say programming what exactly do you mean? And how does one go about learning these things? Classes? Seminars? Online?</p>

<p>@neuchimie It is very generous of you to continue contributing to this board even though you have graduated!</p>

<p>I agree you have been very insightful and helpful.</p>

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<p>What is it you plan on doing with the accounting concentration? This is really only useful if you plan on working for a bank’s CFO office…treasury finance, etc. Or, if you want to work for one of the big 4 accounting firms and are interested in tax/audit.</p>

<p>If you want to work in a banking role… study finance and/or economics per the description I have outlined above. Again, the asset class you are interested in should be a guide here and will help you make a decision as to which path to follow.</p>

<p>For the record, I graduated a few years ago from NEU with a BS degree in Finance, and I work for one of the big banks. I’m also in the process of preparing myself for a graduate degree in economics.</p>

<p>Now regarding programming/mathematics…the method you choose to learn the material does not really matter so long as you learn it. I am not a programmer, but I am telling you that programming abilities are highly desirable at banks. C++, java, python, VBA, etc…and again coupled with mathematics are very relevant, particularly if you end up going the quant route. There are plenty of self-help books where you can learn this kind of stuff on the side outside of the classroom in your spare time. Not a requirement for working in the industry, but it makes you incredibly marketable to a prospective employer.</p>

<p>Best,
Scom</p>

<p>I agree with the accounting concentration comment above. If you do finance, you still take a good amount of basic accounting courses. The others really aren’t useful unless you really want to do accounting- and most likely public accounting at that. I worked in accounting (internally) and had never taken an accounting class before and still did well.</p>

<p>I also agree with the programming recommendations, although I’d add in database management (like Business Objects and Microsoft Access). VBA isn’t a requirement, but it has seriously gotten me every job I’ve had. It isn’t always used, but once they see that, they always freak out. I always learned it by stopping by Barnes and Noble and getting random books.</p>

<p>Also- when I said “investment banker” I was referring to literally sitting with traders. Anything back-office or even middle-office relies way more on math and analysis skills. But seriously, it’s hard to actually become a front-office trader without already having an investment background. For an economics major, that can be tough to get. Even for finance majors, you’ve got to be good.</p>

<p>Thank you all this has been very helpful. I feel much much better about Economics at Northeastern as well as my career perspective.</p>

<p>Bump…</p>

<p>Acruz1991 did you have any luck with your dual request in economics and business?</p>

<p>I was told I have to wait until my second semester after meeting my advisor. They said I can switch into Business if I wanted to do the dual major I would have to wait and then declare the dual major. Sucks because I wanted to plan all the classes accordingly but it’s ok it’s only one semester.</p>