<p>
</p>
<p>Yeah, Econ just teaches you ‘how to think’, and doesn’t teach you any marketable or practical skills relevant to any job. Most employers care much more about your skills and marketability, rather than academic pedigree. The reason Econ degree might have high salaries is as you suggested, many Ivy Econ grads succeed in attaining high paying jobs on Wall Street. However, these guys could have gotten same jobs even if they didn’t major in Econ. The marginal benefit of majoring in Econ is minimal. At Ivies, for Consulting and I-banking jobs, employers don’t care if you are Econ major or not, and they accept applications from all students of all majors, and give out offers to kids who have the complete package. </p>
<p>Some of my friends who majored in Political Science, English Literature, or Gender Studies are working in I-banking, consulting, and trading making good money. For I-banking and consulting, what you major in doesn’t matter. However, does this tell you that you should major in anything you want and expect your future to be financially secure?</p>