Rice U or UMiami??? Economics or Finance?

<p>Okay, I need to decide between Rice University and the University of Miami.</p>

<p>I decided to major in Finance.</p>

<p>I really want to go to Rice because it's pretty chill and prestigious, but it doesn't have a Finance major. It has Economics, though. However, Rice offers MBAs in Finance. The location seems boring, though.</p>

<p>The environment surrounding UMiami seems exciting and relaxing. UMiami does have a major in Finance, so that's why I'm considering that school.</p>

<p>I'm wondering, what's the largest difference between Finance and Economics?</p>

<p>Would you choose Rice or UMiami? Please tell me why.</p>

<p>(Other schools I got accepted and am slightly considering are NYU, UMinnesota, and USC. Any opinions on those?)</p>

<p>I consider finance to be an applied economics field. I wouldn’t worry about this particular difference between these two schools. I don’t know these two departments (even though finance is a bit of an obsession here), but I’d naturally lean toward Rice because its academic and intellectual reps are head-and-shoulders above Miami’s. </p>

<p>I’d also consider NYU but only if you’re cool with living in the middle of NYC. HTH.</p>

<p>Go to Rice. The major is not very important. My classmates who went to Rice and majored in managerial studies (which they don’t have anymore) are all working in accounting and finance. USC is also a good school for economics and business, but is mostly respected in California. The job contacts from USC are great in the LA area.</p>

<p>One thing to consider about majors is that the name of the major may sound great, but that doesn’t mean it’s what you think it is. For example, my son is majoring in statistics and has an internship in an ecommerce dept for the summer. I have researched ecommerce degrees on-line to see if there are additional courses he should perhaps take that would help him in this field and I am surprised at the fluff some schools call ecommerce. My son would never have gotten his internship with courses like Web page design and internet programming and business-to-business marketing. Instead, he got the job because has taken math courses like regression analysis and 3D calculus and linear algebra. Of course, he also knows how to program in Java and C++ (from taking rigorous computer science classes) and has taken several econ courses. Ecommerce departments need people who can analyze large amounts of data, not people who can set up web pages. Finance departments have similar needs.</p>

<p>Rice in a heartbeat. You won’t find a “finance” major at most of the tops schools where top firms recruit. Instead you will find Economics. That should tell you something</p>

<p>Rice. Agreed that most top schools do not have a finance major, they have economics.</p>

<p>Rice vs UMiami? I can’t believe this is even a question. Really? </p>

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<p>No kidding Sherlock, you’re at MIAMI BEACH for pete’s sake! Who takes academics seriously when you’re in a city like Miami? I should hope it’s exciting nightlife there.</p>

<p>Rice is way above UMiami. </p>

<p>And newsflash: none of the Ivies (except Penn) and top LAC’s (and vast majority of top 20 schools–Stanford, MIT, JHU, UChicago, Duke) do not even have an undergrad b-school, much less offer a finance major.</p>

<p>Seriously, now…</p>

<p>Rice for sure… academics are quite stronger here than at UMiami. Although UMiami has decent academics, I feel like it will be too much of a party school.</p>