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College and University Discussion
Reply to "Econ vs Finance"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Depends on the school. Economics majors at the vast majority of universities is terrible. It's basically a major for students that cannot excel in any other subject and want something vaguely "technical" for jobs. For schools with an undergrad business school that requires applying to get into, always go with Finance, and only Economics if Economics is also within the business school (i.e. at Wharton, not the liberal arts college at Penn). At these schools, Economics majors are basically kids who couldn't get into STEM or the business school. At the Ivies without business schools, generally the Economics major is chosen by kids that would've otherwise done finance. But even at Harvard and MIT, the Economics majors are relatively bad compared to other majors. It's a cash cow program, basically. [/quote] I agree with your points. But you could say the same about entrepreneurship, marketing, communications, and sociology majors (the easy sounding majors) but you’d be wrong. They get jobs. Not $$$ jobs, but jobs nonetheless. [/quote] I'm not talking about getting jobs necessarily, I'm talking about the quality of the average students - the students that your kid will be taking classes with. Many of whom don't want to do Econ and are doing it because they didn't make it in a STEM or business school. And I disagree. Entrepreneurship and Marketing majors at schools like Berkeley, UVA, etc. need to get into the business school, which tends to mean maintaining a 3.7+ GPA and having a lot of leadership/extracurriculars. The majors may not be all that intellectually challenging (but still better than Econ) but those students are type A socially outgoing students - they have to be to pass the business school admissions filter. [/quote]
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