Jobs for Econ Majors

<p>High Paying jobs for econ majors in business field right out of college? what are they? is there any?</p>

<p>investment banking.</p>

<p>I think the OP was thinking other than IB.</p>

<p>Financial Analyst
Ratings Analyst</p>

<p>Chartered accountant. (if you pass the extra exams and stuff)</p>

<p>Also there are lucrative positions in</p>

<p>Pension funds and asset management.
Private wealth management.
Others that I haven't thought of.</p>

<p>Typically though, an undergraduate econ degree doesn't make you any more qualified for any job than a someone with an undergrad math or science degree for jobs in business. You can do the typical investment banking thing, or consulting, or jobs in industry, or anything else that takes anyone from any discipline so long as they have good grades and come from a good university.</p>

<p>However the best-paid positions are typically open to only those with a masters in econ or masters in some form of mathematical finance. (occasionally a ph.d may be required) Those include very nice positions at economic consultancies, central banks, government agencies covering both macro and micro issues, the best-known international organisations, and of course the more interesting positions in investment banks.</p>

<p>Cfa
Cpa
Cia
Cma</p>

<p>I'm gonan try to do finance and econ...if not, only econ. But I wanna get a masters in financil engineering in the US and then a an MBA in my country...yeah, random just though I'd share my plans for the future jaja</p>

<p>why are you majoring in Econ if you plan to do MFE?
Major in Math or Computer Science.</p>

<p>I really like econ, and thoguht it would give me a strong undergrad education to move on to an MBA or MFE ( I'm not sure which one I'll do, or both if I can)</p>

<p>I considered doing math instead, but I don't knwo if in the future my parents or I will be able to finance a graduate education and a math degree in my country is only good for teaching ( something I'm not interested in doing at all)</p>

<p>Compute science would be perhaps more practical than a math degree, but I honestly know next to nothing about technology and I'm not that eager to spedn 4 years learning about it ( I know this might be a naive perspective regarding CS but I'm really not into it)</p>

<p>Unless you get a PhD, you will most likely never utilize your economic theory after graduation, since true economic-type jobs require a very thorough understanding of the subject that is only scratched at in the undergraduate level...</p>

<p>But there are still many types of jobs you can get with an Econ degree... a large number of people want to go into finance for the $</p>

<p>so biz major has an edge over econ interms of getting a job?</p>

<p>not necessarily. it depends on the school.</p>

<p>for example, a state school with a liberal arts school and an undergrad business school as well. the banks, fortune 500's, etc., will go to the business school first to recruit. the business school will obviously offer more resources. </p>

<p>that doesn't mean econ or any other liberal arts major can't get the same job. you just have to put in a little more effort in terms of the job search and show interest somehow in the field you want to work in.</p>

<p>for schools with no undergrad business school such as harvard, you can't major in business.. so you get my point.</p>

<p>how about in schools such as upenn, where you can do business ( wharton) but their econ. department is also very well known and respected?</p>

<p>ive been reading on ibankingoasis and came across this tier that seems pretty accurate in terms of getting a job/what they look for first. </p>

<p>1) target school, excellent GPA, relevant internship
2) target school, lacking either GPA or internship, but not both
3) non-target school, with excellent GPA and relevant internship</p>

<p>For those that are in category #3, what do you think are the chances of people getting good job from non target UC schools(particularily UCD, UCI, UCSB, UCSD). For those that are in those categories, does it mean that we have skimp chance with a high paying job?</p>

<p>
[quote]
how about in schools such as upenn, where you can do business ( wharton) but their econ. department is also very well known and respected?

[/quote]
</p>

<p>For a school like Upenn where both the econ department and the business school are at the top of their respective fields, I would make my decision based on which one I would enjoy the most. At Penn, econ majors outside of wharton (myself included) have access to the same recruiters and career opportunities that kids in wharton enjoy. (the penn career site lists the jobs that non-wharton econ majors enter following school and a good majority are now employed with many of the top banks and consulting firms) </p>

<p>additionally, an econ major definately offers more opportunities to take advantage of non-business electives. also, it allows you to pick which business electives you feel would be most suited to your area of interest. you don't have to take the business core classes, which in many cases are often large and, at least according to my friends, unexciting. at penn (and i'm not sure if this is the case for schools such as nyu, etc.) students outside of the business school are free to take any business class they want without restriction. </p>

<p>in the end, you are just as likely to score a top job (provided, of course, that you work hard and keep a very high GPA) recruiters really will not penalize you if you are not in wharton.</p>

<p>very helpful and informative response quaker9 :]</p>

<p>but if your college has a really good business program and you major in econ, does that screw you in terms of business jobs?</p>