Glut of Econ majors

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:All these hoity-toity econ majors. The reality is that econ is the easy degree for mediocre/students without any passions to find jobs. That's it. It could've been stats or cs, but those require the scary word-MATH-so, instead, people major in Econ. Any liberal arts college grad has the social skills to get through a finance position. These are all students smart enough to get through the wacky college admissions process and land on top; that's hard to do without persuasive qualities.

Tell me more about these mediocre students getting into Williams

They are athletes. ‘Nough said.

You know nothing about athletes at Williams, enough said.

[Anonymous]

Anonymous wrote:Surprising how little people here think of others. Across the board of IQs people have been able to learn intro to stats and calculus. You don't need to be Einstein to know how to compute a derivative.

You've never tried to teach "average" or dumb kids anything, let alone calculus, or you wouldn't be talking such twaddle, Einstein.

[Anonymous]

Anonymous wrote:Econ is a fluffy major that sounds "hard" because it implies some math content.

Just go for it and do finance!

Not unless you want to. Not needed for Wall Street.

[Anonymous]

Anonymous wrote:Supply and demand.

lol

[Anonymous]

Anonymous wrote:There is a difference in a BA and a BS in Economics. A BS is much harder and regarded more highly. So, they aren't all going for the BS, I assure you!

Also, there are comparatively fewer kids who major in econ (or finance, or accounting, or anything specific), as opposed to just "business." Those (business administration type) are the degrees I would be concerned about. They mean little in the competitive marketplace.

This, and the combination of BS Economics with some higher math classes during college yields the kind of student which Quants seek.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Never realized that the study of Economics could be so polarizing.

It's only polarizing because so many people weighing in have no clue what they are talking about.

Indeed, most of these posts are complete nonsense.

[Anonymous]

Anonymous wrote:

Anonymous wrote:There is a difference in a BA and a BS in Economics. A BS is much harder and regarded more highly. So, they aren't all going for the BS, I assure you!

Also, there are comparatively fewer kids who major in econ (or finance, or accounting, or anything specific), as opposed to just "business." Those (business administration type) are the degrees I would be concerned about. They mean little in the competitive marketplace.

This, and the combination of BS Economics with some higher math classes during college yields the kind of student which Quants seek.

Quants seek math major and math/physics PhDs at MIT. At least at the HFs I have 20+ years experience in. Econ can get a financial analyst or IB position, but we don't let them touch quant research or trade

[Anonymous]

My kid is econ major with minor in data science.

[Anonymous]

Anonymous wrote:My kid is econ major with minor in data science.

Read: utterly boring and passionless

[Anonymous]

Anonymous wrote:My kid is econ major with minor in data science.

Afraid to be a Finance major.

[Anonymous]

I work with college students and many are pressured by families to major in econ, STEM, etc. It's been this way especially since the recession.

Majors like history and English are way down than in previous decades. Liberal arts are not studied as much as before.

I wish more students would major in other subjects, but there is worry among families about getting a good job.

[Anonymous]

Anonymous wrote:Supply and demand.

😂

[Anonymous]

Anonymous wrote:

Anonymous wrote:My kid is econ major with minor in data science.

Read: utterly boring and passionless

Sure your idea of passion and excitement = English, communications, anthropology, art history, etc. Ok

[Anonymous]

Anonymous wrote:

Anonymous wrote:My kid is econ major with minor in data science.

Read: utterly boring and passionless

Ah, yes, because so many other majors are filled with the deeply passionate and interesting 20 year olds.

Also please let us know what you majored in. I want to make sure my kid avoids any subjects that produce someone so stupid that they generalize an entire personality based on their field of study.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Surprising how little people here think of others. Across the board of IQs people have been able to learn intro to stats and calculus. You don't need to be Einstein to know how to compute a derivative.

You've never tried to teach "average" or dumb kids anything, let alone calculus, or you wouldn't be talking such twaddle, Einstein.

Well the person with an IQ not suitable for college couldn’t learn calculus, but honestly taking derivatives is pretty simple as a concept. They can get mechanically complicated with the imbedded algebra and trig at times but the power rule and the chain rule are very easy to learn and apply. Integration can get tricky with u-substitution and integration by parts but with practice and pattern recognition I think most any college student should be able to grasp it. They might not ace it, but it’s not some unattainable subject. A lot of universities make it unreasonably difficult because it’s a weed out class.