What's econ? How to say we should give more money to rich people using math. A major for toadies and sucks for the ruling class.

Investment Banking

^ma in Econ

Anonymous wrote:I worked at CIA as an economic analyst for many years (with a BA in econ, no graduate degree). We had a mix in our branch of undergraduate econ majors and Masters and PhDs. It was great.

That was my dad. He was a back in the day grad/ recruit and he did have an MA.

I had a social science major from a liberal arts school and a bunch of econ friends. I'd say about half went to graduate school for econ, and the other half ended up as: computer programmers, consultants, bankers, and government employees.

Fed Economist GS 14

Anonymous wrote:Outside STEM degrees, the econ degree is probably the most valuable college degree to have in terms of the doors it opens for you.

+1

Anonymous wrote:I’m an Econ major and ended up going to medical school. Not common in my experience though - most of my friends went into finance or consulting.

My son is thinking of this route. Was it hard to gain acceptance to med school, or did you take all the pretend as a minor? If it was not hard, is it because you went to a top undergrad?

I think an Economics degree is a great basis for almost anything you want to do.

Economics is the study of the allocation of scarce resources. It teaches an analytical framework to approach such problems, using logic and statistical tools. It applies to almost anything.

It's also great as an adult to understand what they're talking about on the news!

Economics, particularly from the very strong schools, is often a springboard to consulting and finance. Since many Ivy and other top schools don't have business programs, it is something of a stand in for that. I think a number of firms prefer Economics plus liberal arts to a business degree for these hires.

My recent grad got a great job in consulting. The economics degree was a plus because it indicates a foundation in analysis and economic concepts, as well as comfort with numbers. He is not, and will never be, an economist so a masters or PhD in econ is not needed. His likely path is to an MBA.

Master degree

My husband manages a small portfolio of quant funds.

He was a triple major in econ, statistics, and poli sci (his first major when he thought he might want to do law school).

Math minor

He also has a master's degree in statistics

He says if he could go back and do it again, he'd major in econ, math, and statistics

I worked at CIA as an economic analyst for many years (with a BA in econ, no graduate degree). We had a mix in our branch of undergraduate econ majors and Masters and PhDs. It was great.

I mean grad school before world bank