<p>I really luke the close knit atmosphere of a LAC, but I would really like to go into finance. I've heard that an economics degree would be sufficient for many finance jobs. Is this true? </p>
<p>How would going to a LAC affect employment in future in a business setting?</p>
<p>Which area of finance( investment banking, research,…) and which liberal arts college?
It shouldnt be a problem though, so long as you get the relevant internships.</p>
<p>I disagree it does. I have a few friends who have graduated with economic majors with high GPA’s and from prestige schools, including some that went on to advanced levels. It all depends on the college and the core curriculum. You pretty much have to research the classes in the program and see if it ties into what you want to do. Finance is business, where economics is theory. I hate to be blunt but, if you want to go into finance, then you should study finance. That is the reason why it is designated as such. Going into LAC does effect a business setting, because most LAC’s do not hold AACSB accreditation, which is the most important accreditation for businesses. Economics is not a business major, it is a social science, a liberal art and is not about studying money. Economics is different for every school and they hold different concentrations. Economics with a concentration on math for businesses is the degree that you want. A general economics degree is pretty much useless at a bachelors level. It takes advanced learning to break into the field just like any social science. It is no different then having a bachelor degree in History. It is not that you can’t land a job with it, it is just extremely competitive and scarce, and you will not be doing what you pretty much studied. </p>
<p>If you want a understanding of the difference between Econ and Business, I found a good post someone already did: <a href=“http://talk.collegeconfidential.com/other-college-majors/257006-economics-business-major.html[/url]”>http://talk.collegeconfidential.com/other-college-majors/257006-economics-business-major.html</a></p>
<p>To be blunt, avoid economics unless you find a economics program that is catering to a business foundation. If not, then you pretty much will have to take advanced education if you plan on applying and working in economics. If you do not, unless you get extremely lucky through networking and connections, it will pretty much be a waste.</p>
<p><a href=“http://www.aacsb.edu/accreditation/[/url]”>Page Error;
<p>This is important read this: <a href=“http://www.bls.gov/oco/ocos055.htm[/url]”>http://www.bls.gov/oco/ocos055.htm</a></p>
<p>(All of your information should be taken from this site as it is the main source for employment outlooks. Scroll down to Job Outlook.) </p>
<p>Cheers.</p>
<p>Sigh…</p>
<p>Straight from job postings:</p>
<p>Jefferies IBD-
What we look for in a candidate
We will consider candidates from all majors. Successful Jefferies Analysts will be able to multitask and manage a variety of projects simultaneously. You should have, at a minimum, a strong academic background and a four-year Bachelor’s degree. Although a background in accounting or finance is helpful, we hire Analysts who have studied a variety of disciplines.</p>
<p>Blackrock PMG
Desired Degree: Undergraduate (No degree yet received)
Desired Major/Concentration: All Arts Majors, All Business Majors, All Engineering Majors, All Majors, Economics, Finance, International Relations, Mathematics, Political Science, Psychology, Statistics</p>
<p>We are seeking graduating seniors from all majors with outstanding academic achievement, extracurricular involvement, demonstrated leadership capabilities and an interest in learning about the investment management business. Analyst opportunities are available in the following groups:</p>
<p>Bank of America Sales & Trading:
Qualifications:
Education
• Progress towards a bachelor’s degree with demonstrated academic achievement
• Mathematics, engineering, statistics, or programming background a plus
Desired Degree: Undergraduate (No degree yet received)
Desired Major/Concentration: All Business Majors, All Majors, Business Information Systems, Computer Science & Business, Economics, Finance, History, Industrial Engineering, Information & Systems Engineering, International Relations, Management, Marketing, Mathematics, Political Science, Psychology, Sociology, Statistics, Supply Chain Management</p>
<p>Barclays IBD:</p>
<p>Barclays Capital looks for highly motivated individuals who have demonstrated outstanding achievements in academic and extracurricular activities. We are looking for self-motivated, team players who have excellent organization and communication skills. While a background in finance or accounting is not required, applicants should be comfortable with basic numerical computation. </p>
<p>Desired Major/Concentration: Accounting, All Business Majors, All Engineering Majors, All Majors, Economics, Finance, Industrial Engineering</p>
<p>Leerink Swan:
Experience and Qualifications Required:
• Exemplary academic record with Life Sciences, Liberal Arts or Finance/Accounting undergraduate degree</p>
<p>JP Morgan IBD and S&T:
Desired Major/Concentration: Accounting, All Business Majors, All Engineering Majors, Computer Science & Business, Economics, Finance, Industrial Engineering, Information & Systems Engineering, Mechanical Engineering</p>
<p>UBS S&T:
Experience and Qualifications Required:
• All applicants must sign an agreement saying they will not attempt to conceal $2 billion in losses while making markets in ETFs.</p>
<p>I could go on, but I’m sure you get the picture. Every posting by and large says the same thing.
Your major really isn’t the end all be all.</p>
<p>Then again, Jefferies’ IBD job posting said the position was intellectually stimulating so it’s clear honesty in their job postings is not their thing.</p>