<p>Hi,</p>
<p>If I want to pursue my career as a management consultant, would it be better for me to major in ORFE or Econ? I am interested in both majors but I am really having trouble to decide which one to choose upon. Which one will be more useful or helpful?</p>
<p>Ya, im planning on majoring in one of the two also. Id say go with econ, Princeton is ranked in the top 3 in that area. Im sure you will do fine in both. Sorry I cant help more, as I will be in the same dilemma if I get in for next year.</p>
<p>im curious... what's orfe?</p>
<p>ORFE stands for Operations Research and Financial Engineering. If anyone can answer, can I MAJOR in Econ and MINOR in ORFE?</p>
<p>There aren't any double majors or minors at Princeton, but you could pursue a certificate in finance if you major in ORFE (correct me if I'm wrong). Otherwise, you could just major in Econ and take some electives in ORFE classes, I guess.</p>
<p>i'd do orfe... risk management everday moves toward an engineering degree</p>
<p>I’d choose do what seemingly fits me. Study econ to get idea, do ORFE to get tools.</p>
<p>ORFE branches out from theory of the firm and capital asset pricing theory into mathematical programming and simulation, also embraces stochastic models and statistical inference. They aim to configure derivative trading model. ORFE stresses more on one’s math stochastic aptitude.</p>
<p>Econ (combined with mathematical analysis) positions learners to issues in production, distribution, and consumption of resources; the acquisition and distribution of wealth; the choices and tradeoffs that result from the central problem of scarcity; the role of markets; the global marketplace; the role of the government in the economy; and the incentive effects of policies. Econ/mathStat spread challenges on both verbal and math stochasticity.</p>
<p>Which area is more preferred by Wall Street would be up to your guess. Any current IB analysts and or hedge fund traders wanna share evidence?</p>