<p>same as title</p>
<p>Duh. It must get better.</p>
<p>lol "Oh no the economy is falling, I must change my major"</p>
<p>Unless the entire world falls completely and no businesses, trade, etc is ever made again, why not? Business will always be needed in this day and age as it's the most effective way to satisfy the people (consumers). </p>
<p>No one does everything for themselves anymore and as we grow more and mroe globalized, even countries don't do things for themselves. It's a huge network of business and government and having knowledge of finance, accounting, finance, management, etc. will be helpful even if the economy isn't doing so well. There has to be people around to try to make it better, right?</p>
<p>There is almost no possible scenario, other than the Earth being destroyed and everyone reverting back to being self-sufficient or something, that would make studying business a bad thing.</p>
<p>Or you could just major in something respectable like engineering or science, not worry about this issue, and still get a finance/consulting job anyway. But w/e.</p>
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If the economy goes bad, are you still going to study business
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<p>Now that's what you call thinking in the short-run. How can you do that when deciding what to major in at college??</p>
<p>Those finance/comsulting jobs are even more likely to go bust in the next few years. Then you are stuck with a degree in biology and NO job prospects--welcome to Teach for America or learning the intricacies of the Starbucks ordering calls.</p>
<p>Barrons - *** are you talking about?</p>
<p>"Or you could just major in something respectable like engineering or science, not worry about this issue, and still get a finance/consulting job anyway. But w/e."</p>
<p>That. The fin services and consulting business could be looking at a major downturn in the next few years as M&A and conduit business shrinks. I have read that the high end legal business is already down significantly.</p>
<p>yes, jobs that have been around for decades are about to disappear in the next few years barrons, in fact by that time the USA will be a third world country.</p>
<p>Heh, whatever. Actually many of these jobs were created in the last few years since the DotCom Bust that sent Wall Street into a tailspin for a few years with massive layoffs. But a young wiseass probably was still playing Little League when that happened.</p>
<p>"And a growing number of Wall Street firms say they cannot afford to let people like Binder go. Since the massive layoffs following the dot-com bust earlier in the decade, employment on Wall Street has made a huge comeback. The securities industry added 48,000 jobs between October 2003 and July 2006, according to the Bureau of Labor Statistics. "</p>
<p>If the economy goes bad, most majors will be in trouble.</p>
<p>Someone somewhere is always going to want to trade money for something of value. And as people's standard of living gets higher, they're going to look less at spending money and more at investing money, simply because they already have money to sustain their lifestyles, and then some.</p>
<p>But then, with the jobs getting exported to god knows where, we might all be in trouble.</p>
<p>haha, i love it when so many people in CC are in a complete denial when it's been on WSJ for days that banks are cutting new hires and laying off current ones.</p>
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Swiss bank UBS AG said this week it would axe 1,500 jobs in its investment bank whose major centres are in London and New York.
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