Finance + Industrial Engineering? Any insight for a first-year deciding major?

Colleges and Universities A-Z Northeastern University
1

Hey, so I’m currently a first-year majoring in BSBA with a concentration in Finance. I originally got accepted to the school of Engineering, but switched over the summer because of my lack of skill and interest in physics/designing/building things-- I am more of a numbers guy. I was wondering if anyone had an experience with majoring in Industrial Engineering + Finance, or have any general recommendations for me.

I am currently not enrolled in any classes that directly pertain to Finance, but I’m in Financial Accounting. Not a big fan of it and I think it’s boring. Is this a bad sign?

I’m also in Experential Entrepreneurship, probably my least favorite class, and I do not like the concept/process of starting a business up and the aspects behind it.

I thought of doing Industrial Engineering and Finance, but idk if that’s even feasible. I’m not even sure what type of things Finance does, since I haven’t been in any classes yet. But I definitely know I do not want to go into any sort of Entrepreneurship/Marketing/any sort of creative thinking job.

I honestly don’t know what I’m doing and am worrying because so far I’m not really liking my new major (Business Administration) and that I’d rather learn strictly Finance, and no entrepreneurship/marketing, and at the same time feeling regretful of not staying in Engineering-- however I am not a big fan of physics like I said before, but industrial engineering is something that has less physics and can include finance?

Any recommendations? Should I just stick to finance?

2

If you enjoy finance, keep that for sure. As to the rest…

Why do you regret switching from engineering?

3

Economics?

4

Industrial engineering is not a core branch like mechanical engineering or electrical engineering. But it is broad in nature in the sense that you can customize it. IMO, it is about the process design, Layout design, how to make manufacturing process more efficient, Product design/packaging ( may Be). It is interesting in a sense you can customize your courses a bit by taking electives closer to the area of interested. From what you say, even manufacturing or production engineering could be a good fit.

5

BTW, strict finance is financial accounting, Financial management, Cost and Accounting Management, Project financing, international finance, corporate finance. These are the core courses.

6

If you like numbers have you considered something like actuarial science? It’s the application of mathematics to risk management, finance, etc. They have the actuarial science concentration in the math major at Northeastern.

BTW don’t judge finance off of accounting. All business majors have to take accounting for a basic knowledge of financial reporting, debit/credit, budgeting.