Hi,
I heard that firms like to hire people with a degree heavy on quantitative so I was wondering if Business/Managerial Economics is good enough.
I am sorry if I have asked/said anything overly naive. I have just finished high school and am taking the very first steps in figuring out my life and whatever that my life revolves around.
I am delighted to learn from you guys.
Thanks.
Yes, in my mind managerial economics is enough of a math-heavy major to break into management consulting with. I am going to be taking a managerial economics class soon and I am excited to see how focused on application it is as opposed to theory. Consulting is not all about the quantitative side though; some strategy is placement of resources and the streamlining of business processes.
I am a senior in a BSBA (bachelor of science in business administration) program, and I have not ruled out management consulting as a career option for myself. I am MUCH stronger on the economics/management side of business as opposed to the accounting/finance side. I see that as a good thing. Speaking of streamlining, you may notice how difficult intro to MIS is for some business students. It’s not math heavy at all but it just encompasses the logic part of your mind and works it to levels most people are not used to using in their everyday life.
If managerial economics is an option for a major at the college you want to attend then I say go for it.
A background in managerial econ is enough in terms of quantitative skill sets at least for the junior associate level but if I could go back, I would have done a few more classes in statistics.