<p>I heard that U of Chicago has a really good economics program.
If you major in economics as an undergrad, can you get a job related banking right after?
I heard that it is rather theoratical than practical.</p>
<p>i don't think there's exactly "practical" economics. that would be finance. and yeah, uchicago econ is a feeder</p>
<p>You heard it was "really good"? UChicago has the best econ department in the country, so I would assume one is basically guaranteed a good job after graduation.</p>
<p>Chicago economics is very good and famous all around the world. It is trull one of the best places to study economics.</p>
<p>Don't worry...you can still get hired by Lehman/Deutsche bank/Goldman Sachs, whatever.</p>
<p>(Check the very last page of the big propaganda book they sent, like, a year ago:</p>
<p>After I graduate I plan to....work at my job with Goldman Sachs in New York).</p>
<p>Anyway, theorhetical is always fun...</p>
<p>A friend of mine turned down Chicago so he could study finance at NYU Stern, and this is what I told him: I think the difference between doing Chicago econ and finance (at Chicago or somewhere else) is the difference between wanting to eventually be the president of the Ibanking firm or simply being a very good employee there (lol) or, in another perspective, the difference between truly understanding a concept which can be applied to Law, Poli Sci, Sociology etc...., or simply using such a concept, without fully understanding it, to find out how to make money out of it.</p>
<p>I must agree - theoretical econ at Chicago is the way to go.</p>
<p>nice analogy there, felipecoco</p>
<p>While I do agree with the analogy, I'll have to disagree with some statements.</p>
<p>Kids who go to NYU's Stern and UPenn's Wharton for undergrad don't sit in an office desk as suck ups and lapdogs working for the big boss. A lot of them are CEO's and very high up in company's and not <em>just</em> cube monkey's.</p>
<p>Theoretical is very helpful, but the line between theoretical and practical becomes blurred. The truth is that if someone tells you that the derivative of 2x is 2 (practical shortcut), you don't have to sit there and do an entire limit problem to find the derivative. I think as far as the sciences also go, UChicago has a connatation of making great scientists and lab workers who HAVE to deal with the theoretical, entrepreneurs are practical the use the theoretically proven and invest in something that is practical for students.</p>
<p>Chicago teaches you to think for yourself by yourself, and it has this reputation above its peer institutions which is a wonderful thing. While many University's don't have this air about them, a lot of LAC's do.</p>
<p>Feli, I do like your analogy and I think it has some realism to it, but I think your portrayal is extremely overexaggerated.</p>
<p>That's like saying Chicago science grads are good only as lab rats since they can only deal with the theoretical, this we all know is not true. </p>
<p>Chicago does very well, but so do other schools.</p>
<p>Ohh I absolutely agree with all of your points, and I would be the first to say that my statements do have some truth to them, but that they are indeed "extremely overexaggerated." However, please understand that the statement arose from me trying to play down a friend's decision to attend another school and also by the fact that, since I'll be enrolling next year, I'd like to do a little "turf-protection." (lol) But, on a serious note, I do think you are right, and that the lines do indeed become very blurred. I just imagine that if one has that strong theoretical background it is easier for him to dwelve into more practical fields rather than trying to go into theoretical after having had a practical education. I guess its just that I feel that a theoretical education, by definition, would have more breath and thus be of use in more contexts than a more practical one. Like your case pointed out, knowing that the derivative of 2x is 2 is great if that's the equation you wanna know a derivative of, but if someone asked you what the derivative of 2x^2 is and u didn't know the theory behind deriving it, you'd be in a jam. An oversimplifcation, I know, but it gets the point across.</p>
<p>Isn't theoretical just an expansion of practical to envision what will be practical in the future and not just currently?
That's the way I see it atleast.
And I meant knowing the shortcut 'rule' for the derivs and not the longhand limits way.</p>
<p>Sometimes I really wish Chicago had accepted me, I don't think I could get away with Calc analogy's on any other board on here.</p>
<p><em>Sigh</em></p>
<p>aww im sorry to hear about that.... i do remember several of ur posts and I must say that I am sincerely upset that Chicago made the mistake of not admitting you. Nevertheless, I'm sure that you'll have plent of students at ur school to share calc analogies with!! Btw, where did you decide to attend?!</p>
<p>I always thought that most people chose to major in economics in Chicago, but this site: <a href="http://www.college.uchicago.edu/about_the_college/facts.shtml#majors%5B/url%5D">http://www.college.uchicago.edu/about_the_college/facts.shtml#majors</a> says only about 10.00% do so. That is still the majority but I would have thought it would be around 30%. </p>
<p>Majors in the College
The College offers 49 majors and 14 minors.</p>
<p>Top Seven Majors by Enrollment (1,557 students, or 33% of degree-seeking College students)
Economics: 467 (10.0%)
Biological Sciences: 292 (6.2%)
Political Science: 214 (4.6%)
English Language/Literature: 175 (3.7%)
Mathematics: 169 (3.6%)
History: 133 (2.8%)
International Studies: 107 (2.3%)
Additional Major Statistics
Common Year (First-Year): 1,310 (28.2%)
Undeclared: 945 (20.3%)
Double Majors: 432 (9.3%)
Triple Majors: 14 (0.8%)</p>
<p>Hmmm... I saw a figure somewhere where a graduating U. of C. class was 20% econ majors.</p>
<p>this thread is getting me really depressed... i turned down chicago economics for berkeley... wth was i thinking! UGH! someone plz cheer me up! lol.</p>
<p>If money was an issue, don't feel bad. Berkeley's awesome too.</p>
<p>
[quote]
i turned down chicago economics for berkeley... wth was i thinking! UGH! someone plz cheer me up! lol.
[/quote]
</p>
<p>Prestige-wise, Berkeley is more renowned in the world. World renowned univ. in the USA are: Harvard-Yale-MIT-Columbia-Stanford-Berkeley.
Also, Berkeley Haas is as good as Chicago GSB. So cheer up - u are attending a great school ! ! ! :)</p>
<p>To say that Berkeley has more international prestige than Chicago is completely false.... other than that, I think that the above post is entirely correct, and you should be fortunate enough that you even had the chance to make that decision...</p>
<p>Don't listen to "Beast" Rabban. His filthy Harkonnen mouth spews only lies...</p>
<p>Berkeley actually does have a bit of more international prestige than Chicago. Chicago is of course known for its economics, but Berkeley is generally stronger in most other departments (especially in the sciences). This is international reputation.</p>
<p>If I had to choose between Chicago and Berkeley for undergrad education, I'd choose Chicago anyday..</p>
<p>What's the average GPA of a person accepted to University of Chicago for Economics?</p>