<p>Im thinking of studying finance in college because Im interested in it but other people tell me I should study economics because it is better for law school. How important is the major you choose and hypothetically what would be better for law school </p>
<p>Economics 3.5 GPA or
Finance 3.75 GPA </p>
<p>Also does it matter that business school is more well thought of than the school that economics is in (school of social sciences)?</p>
<p>Thanks</p>
<p>More hopeful lawyers typically study Economics than Finance, but that doesn't mean that one is neccessarily better than the other. Do what you like to do and do well in it. I know people who have gone off to Law school with majors in Psychology and Biology and even Physics before so I don't think it really matters. It is just most people usually go with Polysci, Econ, or English.</p>
<p>I'm a Law & Society major and I've learned some pretty darn interesting things that relate to law and the legal world. But any major works for law school, they don't care what you do it in as long as you got the gpa. But Law and Society is totally awesome!</p>
<p>My concern is that Finance may be too practical/not theoretical enough for law school. Do you think that will be a problem?</p>
<p>Unless LS is your definite goal, Finance might be better for getting a job after graduation. Econ is more theorical, thus looked at more favorably by LS. </p>
<p>However, if you go to a top finance program/ bus school (Ross, Haas and the likes) it won't matter much, as long as you can keep a high GPA.</p>
<p>It seems to me as if you are simply asking for reassurance -- and that you know the answer.</p>
<p>Actually I dont know the answer. I know Econ is looked upon more favorably by law schools but Im not sure if its worth the possible drop in my GPA because Im not as interested in it. Any suggestions?</p>
<p>If you are not interested in Econ, don't do Econ. If you think you can/will excel in finance, go ahead and do finance. However, if you are planning to go LS right out of undergrad, well, it doesn't matter what you major in -- study something you enjoy. Keep in mind that theoretical majors are looked at more favorably than technical/vocational majors.</p>
<p>Now, go major in French and make me proud:D</p>
<p>The question would be to what degree is it looked more favorably upon. What GPA difference warrants a switch between finance and economics?</p>
<p>Look, if you are thinking about law school, it doesn't matter! There is no set formula. Major in something you like and do well, that's the bottom line. Whatever major will get you closer to a 4.0 will suffice for admission purposes -- not necessarily in preparing for the rigor of law school. It's silly to think you will perform better in one than the other, unless you have taken courses in both and seen which field you like best.</p>
<p>If you major in finance and work for a couple years, then that would also be perceived favorably by LS. Now go and get a summer job -- and stop asking the same questions on all forums existent on this website;).</p>
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<p>What GPA difference warrants a switch between finance and economics?</p>
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<p>There's no way in the world you can predict your GPA in two different fields this way. I mean, if I'd tried to major in computer science, I could accurately predict that I'd do worse in that field than in psychology (which I love and which comes naturally to me). But you just will not find the mathematical formula that will tell you what to major in.</p>
<p>If you major in something you like, you'll do better, usually, unless the major grades on such a harsh curve that no one does well. Don't get too wrapped up in what a hypothetical law school may or may not think of your major years from now. The other thing is that, once you get outside of the all-important GPA and LSAT, law schools really do their own thing with admissions. It's not like undergrad, where schools all like to see athletics. Some schools want to see the higher GPA, some like to see the other stuff. Law schools also can change their own criteria from year to year. </p>
<p>Agree with WF that a stellar job after undergrad can be very impressive to law schools. One of my friends got in here, in large part, because of his fabulous job before l.s..</p>
<p>Do law schools only look at majors and minors or do they look at ALL the classes you take?</p>
<p>Yes, what goes on the LSDAS transcript? Just course abbreviations?</p>
<p>Law schools look at all of the courses that you take, as well as looking at how well you did in your major and minor. </p>
<p>As far as the LSDAS transcript goes, I think that for any applicant who "makes the cut" for consideration (i.e. has the grades, LSAT scores, and other qualities that would generally put a candidate in the pool of applicants who have the potential to be admitted), law school admissions will look past the LSDAS transcript to see what is on your actual transcript. Sure, law schools are looking for good undergraduate grades, but they are also looking at the quality and difficult of the courses you took in college.</p>
<p>Is economics without a doubt easier than business or is this just a generality that does not hold true for some colleges ?</p>
<p>"Is economics without a doubt easier than business?"</p>
<p>Short answer - no. Business is a broad concept, and it encompasses many different fields including finance, accounting, management, entrepreneurship and others. As a former econ major, I think that econ tends more towards the theoretical (e.g. why do inflation rates rise when unemployment rates drop?) than, for example, a finance major. Generally, finance and other "business" majors have always seemed more like applied science (e.g. looking at case studies or applying cost accounting methods to a business). However, I think that the focus of each major varies from school to school.</p>
<p>at my school...econ is seen as a joke and all majors within the b-school are seen as very very hard. Would a law school know this or automatically percieve econ as a tougher + more wanted major?</p>
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<p>Would a law school know this</p>
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<p>If your b-school is Wharton, they know. Otherwise, you can only expect them to know this kind of detail about their own undergrad or other colleges they have a very close feeder relationship with. (I imagine that IU knows about majors at Purdue.) That being said, under most circumstances, the numbers will trump whatever they think about the major.</p>
<p>Do top Law schools (YLS) still accept finance majors? What can a finance major do to increase his chances (minor in govt? economics? take lit classes? etc?)</p>
<p>There's no major that's excluded from top law schools as far as I know. That being said, it's your GPA that matters most. To the extent that they care about the courses you took, it's a distant second, but they might look to see whether you took writing-intensive classes. Taking writing-based subjects like history and English definitely won't hurt you (as long as they don't bring your GPA down.)</p>