I'm struggling with finance and industrial engineering major. Can somebody can me?

College Majors Engineering Majors
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<p>I am in a community college major in business. After one year, I'll be transfering to a 4 year university. At first, i'm thinking of major in finance or accounting or MIS. However, I am really good at science and math, so I'm thinking maybe I should make the best use of my strength in engineering major but still leave my door of business career open. I did a lot research on the engineering major and found out industrial engineering is more a combination of engineering and business.</p>

<p>industrial engineering+MBA or accounting/finance/MIS+MBA?</p>

<p>I want to know which major is more challenging and open more doors ( more versatile) thatI can go into a lot of different industrials with.</p>

<p>Which one do employees prefer? Which makes more money in a long run? Which job is better?</p>

2

<p>Engineering, I believe, would be the more challenging major. Every econ/finance related major I know of at my school has a lot of free time, save those crazy people who are double majoring in engineering and econ. Many athletes, who have a very large time commitment to their sport, decide to major in it, as well. Not the case with engineers. They have a greater workload, and have to take more classes than other majors. </p>

<p>Personally, I think I could pick (at least the theoretical parts of) finance up in a month or two from zero experience. To do the same in engineering, I'd say it would take much longer than that. </p>

<p>Both majors open a lot of doors. Since Wall Street has gone down the toilet recently, it is harder now to get a job in the finnace industry. The crash will also affect employment in other sectors, although not to such a degree. Still, there are a lot of options available for people who have either degree.</p>

<p>It's up to you. IMO if you are confident you can manage the engineering workload, go for the IE. </p>

<p>It will depend on the employer, but I think maybe the IE degree might be worth more. An employer looking for someone with an industrial engineering degree is unlikely to hire someone with a finance degree. However, an employer looking for someone with a finance background may consider a candidate with an IE degree, provided there was enough econ/finance coursework in the IE program. IDK, just my predictions. </p>

<p>About the money, I'd say industrial engineers make more on the average, both at the entry level and managing positions. </p>

<p>Which job is better? Well, I'd say the IE has better job security, for sure. Finance jobs are heavily affected by the rise and fall of the economy. </p>

<p>Damn, long post.</p>

3

<p>Use the fact that you're good at math to just straight up ace finance while having free time to pursue other pursuits. I, along with most people, have no idea what IE is, and many nerds have less respect for it. I mean I wouldn't expect any more pay as an IE vs. finance assuming the finance major can actually get a job, which he probably always can despite what some people say.</p>

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<p>First of all those are some very different degrees. MIS is very different from accounting which is quite different from IE. </p>

<p>I will then tell you that engineering is hard. It is much harder than any business major. That being said, engineering degrees are also more highly respected. You should have no problem finding a job. As for salaries in the long run you will most likely not see a signifigant (or any) difference if both have an MBA. Starting salary I give the edge to the engineer.</p>

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<p>And it's just that--an edge. Something that can be mitigated or diminished by inching you up into another tax bracket, in another state, or just by the differences in cost of living that communities have. Or maybe the finance major will just get a better offer. We aren't talking EE vs. associates in marketing, these 2 majors are much closer in perception.</p>

<p>And that respect may or may not come to fruition. Remember, you're going to be dealing with HR, who's likely a woman. Women, especially dense HR types, have no idea what an engineer is (just ignore this statement if it offends you please)--they just assume "nerd". Whiter teeth will probably do more for you in an interview nowadays than a more respected degree that isn't necessarily required for the position. Being really tall would probably make more of an impression on them than your degree.</p>

<p>Also MIS is seriously nothing. I wouldn't even want those letters on my degree, it's like saying "I'm kinda adept at computers but I prefer to boss people who are much more adept at computers than I am". And this is coming from a communications major who trolls CC.</p>

6

<p>
[quote]
And it's just that--an edge. Something that can be mitigated or diminished by inching you up into another tax bracket, in another state, or just by the differences in cost of living that communities have. Or maybe the finance major will just get a better offer. We aren't talking EE vs. associates in marketing, these 2 majors are much closer in perception.</p>

<p>And that respect may or may not come to fruition. Remember, you're going to be dealing with HR, who's likely a woman. Women, especially dense HR types, have no idea what an engineer is (just ignore this statement if it offends you please)--they just assume "nerd". Whiter teeth will probably do more for you in an interview nowadays than a more respected degree that isn't necessarily required for the position. Being really tall would probably make more of an impression on them than your degree.</p>

<p>Also MIS is seriously nothing. I wouldn't even want those letters on my degree, it's like saying "I'm kinda adept at computers but I prefer to boss people who are much more adept at computers than I am". And this is coming from a communications major who trolls CC.

[/quote]
</p>

<p>Okay, firstly engineers no matter where you live have high starting salaries. On average an engineer makes 50-55k starting, most business grads are around 35-40k starting. This will fluxuate in different areas but the gap will not be closed just by moving. Yes you can recieve "good' offers but it doesn't happen very often.</p>

<p>What are you talking about with the human resources here? I've never been to an interview done exclusively by HR. Every interview I've had was with senior engineers and sometimes managers who left the technical questions to an engineer. I remember one interview where HR was present and that was more like a panel interview and the person from HR never even asked me a question, they were just taking notes. I can see you've never been to an interview for an engineering position. </p>

<p>You are right I can see you are a troll now.</p>

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<p>I like challenging major and I like Math. In my understanding, finance major only enables you to know the money stuff; however, industrial engineering not only gives you the idea of how money functions in a company but also teaches you how to allocate things more efficiently including money. Instead of dealing with the money, I can also do other jobs since I have other skills. Am I right? Is industrial engineering major teaches you more things that you can practice in the workplace while you feel like you learn nothing practical from the finance major?</p>

<p>Also, when you go find a job, is there a gender bias between job candidates?
Is employee more likely to hire male industrial engineering majors compared to their female counterparts? ( I am one).I am looking forward to your answers. Thank you so much.</p>

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<p>You do gain skills from the finance major. You learn how the economy works, tax issues, legal issues, risk management, financial accounting, commerce, you learn how to analyze financial data to predict the cash flow and stocks, etc., all of which are useful...</p>

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<p>
[quote]
You do gain skills from the finance major. You learn how the economy works, tax issues, legal issues, risk management, financial accounting, commerce, you learn how to analyze financial data to predict the cash flow and stocks, etc., all of which are useful...

[/quote]
</p>

<p>Which he will also get from an MBA.</p>

<p>If you are head strong and commited to getting an MBA I wouldn't go the finance/accounting route unless you want to be an accountant/CPA or CFA. MIS would be good if you really want to work with computers or go into IT. However, you don't think any of those sound appealing than I would consider Inustrial Engineering if you like the idea of Supply Chain Management and business optimization.</p>

<p>I think it would depend. Also consider Operations Research, Operations Management, Business with a focus in Risk Management, Statistics, or Financial Engineering. A quick route to success is through the doors of a consulting company. Find out what they tend to hire or look for.</p>

10

<p>Would it be a loss if you don't get an industrial engineering major as as undergraduate when you do an MBA later if you want to be the manager?</p>

<p>I heard people with an industrial engineering major will be more likely to end up in the management than any other engineering or business major.</p>

<p>Maybe because in an industrial engineering major, you learn a lot of useful things ? Can anybody in that major tell me what exactly you learn in that major? And how do they help you in the job and what kind of job or industry you can get into with that major? I appreciate it.</p>