<p>I was just wondering what exactly are the most well paying business majors.</p>
<p>finance major...</p>
<p>On average, Management Information Systems (MIS) majors have the highest starting salaries because there's a growing demand for that major and not so many people choose the major. However, finance is the major that creates the most potential for landing a higher paying job like ibanking.</p>
<p>What's the difference between MIS and computer science? Aren't they both working with computers?</p>
<p>MIS is far less quantitative and programming intensive than computer science. MIS focuses on how companies control, organize, and transfer information needed by customers and managers. Computer science involves the study of how computers are designed, how they work, and how information processing works. For computer science, you have to take many upper level mathematics and physics classes. MIS does not involve any upper level mathematics or physics.</p>
<p>In order from most lucrative to least:</p>
<p>Finance
Accounting
Management
Marketing</p>
<p>whats the order for the ones with most potential like i-banking?</p>
<p>i would say MIS too...its very basic and goes well with accounting majors...lets put it this way, there are always going to be a demand for accountants even when the whole internet fab started and engineers / comp sci people were in demand there was a higher demand for accountants</p>
<p>Accounting is the most lucrative, then Finance</p>
<p>Accounting do have much room for growth. Their salary remains at 40k a year while finance/economics major salary soar past 100k.</p>
<p>A person with a CPA or CMA could make over 100K a year, accounting has great growth potential. Best thing about accounting you can make a lot of money even without a college degree.</p>
<p>A finance I-banker makes 500k-5mil a year. Accounting is tedious and repetitive. You're taking orders from somebody else. In the long run, econ/finance majors make way more.</p>
<p>Very few people can get into I-Banking. Realistically if your not a top student at a top university then Accounting is better.</p>
<p>How many people actually do make 500k-5mil a year in I-Banking...very very few...and those people are the pros and have been doing what they are doing for their entire life to get to that salery...</p>
<p>Not really. In ibanking 500K would be pretty average. </p>
<p>People usually dont understand the sheer amount of monetary power these guys have.</p>
<p>Also a million a year is pretty average when you get to about 31 or 32. If you can hack the long hours in M&A then thats what the average would get. Trading on the other hand is different.</p>
<p>Mahras yes they make big money, but getting into the postition of a I-Banker is far harder than most people here think. You need to graduate from a top school, with excellent grades. Some here make it seem like aanyone can get into I-Banking.</p>
<p>What about a state school like UMass-Boston? If I major in economics/finance there what are my chances in IB? </p>
<p>is IB the best way to become a millionaire? since about 85% of IB make over 1000000?</p>
<p>Yes i understand vt. I was just talking about Raj's statement that it takes a LONG time to make that. Ibanking is ridiculously tough to get a position into. Harvard is nothing compared to getting a position at goldman or morgan. </p>
<p>SSJ my guess is yes. Trading or M&A. But trading is sink or swim.</p>
<p>what does M&A stand for? is trading being stockbrokers on wall street? but the question is how what are my chances at UMass-Boston with a 3.5 GPA in finance?</p>