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Business Majoring in economics, can you survive?

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Winded
post Sep 14 2010, 06:44 PM

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QUOTE(diversity @ Jul 11 2010, 03:10 PM)
I wish to pursue a degree in economics after I finish my foundation. I wanna ask is it a wise choice? I really like economics and I'm pretty good in it. But the thing is people have been giving me negative comments about it. Like it is very hard to find a job in the future, and it is not enough just majoring in economics. So do you think it is a safe choice?
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Hey TS, I admire your interest for economics. There's a certain degree of truth to the fact that ppl are saying that a pure Economics degree is a general degree, but please do not worry about that for now. You claimed that you really like economics and you're pretty good at it, hence, may I suggest to you to bring it up a notch and perhaps do a masters with it. Having a masters in economics will greatly propel you further in terms of your career prospect, and it'd prolly clear most of your doubts in terms of job prospects and skills. For your degree course, its not so much of the theories and models you will be taking away and using it in your work, but rather, the way u approach these theories, the fundamentals when it comes to applying the same understanding in real life situation where appropriate. As an economics student, you will learn to be very meticulous and analytical when required, and these are the more important values which you will bring forth to your working life. However, do bear in mind that uni-level economics is very different from a pre-U level economics, naturally, it will be alot of times tougher. It kinda caught me off guard when I found myself having to deal with messy differentiations =.= ( you may be good at it, but I'm not sadly =( )

Generally I do not think economics graduate will have a significantly tougher time getting a job upon graduation, I have a couple of peers who ventured into Investment Banking. As for myself, I'm leaning more towards the policy research/policy implementation of the economy, so I'd prolly see myself working in institution such as the Central Bank.

hope this helps =)
Winded
post Sep 14 2010, 11:19 PM

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Added on September 14, 2010, 10:53 pm
to work in central bank. you must either a bumiputra or received a scholarship when studied in varsity and bond to work for them after graduation.
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[/quote]

Hey dude, that's not really true, they do have non-bumis in the central bank. Its a mis-conception to think that its only open for the bumiputras =(
Winded
post Sep 15 2010, 10:44 PM

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haha whatever it may be, do what you like. I sincerely believe that its your interest that would drive you to greater heights, the ultimatum motivation of all. Im not playing down the monetary role in a job, it is crucial, but do what you like, and what you're good at =)

By now, I would think that TS is prolly already doing his course, best wishes then =)
Winded
post Oct 4 2010, 12:45 AM

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QUOTE(diversity @ Sep 16 2010, 01:57 AM)
thanks man, I really like economics. But my seniors and lecturers told me economics is a dying course. Even my lecturers advise me to take accounting and finance. What about bachelor in banking? I heard there's a lot of economics stuff inside too. I'm being very cautious now because I really do not want to burden my family. Because I come from a family that is not that rich, so my parents expect me to lift some of their burden once I graduate and working. But I'm scared after I graduate I would join the unemployment ranks, that's why I'm having second thoughts. Sigh.
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I beg to differ on the notion that it is a dying course. Yes it may be very classical in certain areas, and hence may not be applicable to the current global economies, but what it envelopes spans beyond these. Like I said, it is more of a character and traits building subject than a subject where u take away a great deal of practical knowledge to be applied in real life. Again, I wish to reiterate on the fact that having an economics degree doesnt mean u will face gloomy career prospects, this is not true.

Like many mentioned here, its not so much of what u were equipped with, but rather what you'll be able to make out of what's given to you in life, to attain success =)

Best wishes! smile.gif

This post has been edited by Winded: Oct 4 2010, 12:45 AM

 

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