Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Business Majoring in economics, can you survive?

views
     
TSdiversity
post Jul 11 2010, 03:10 PM, updated 16y ago

Regular
******
Senior Member
1,184 posts

Joined: Sep 2009



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?
TSdiversity
post Jul 12 2010, 11:32 AM

Regular
******
Senior Member
1,184 posts

Joined: Sep 2009



Erm, what positions can an economics degree holder apply for in the future? I'm not really sure.. thanks
TSdiversity
post Jul 12 2010, 09:05 PM

Regular
******
Senior Member
1,184 posts

Joined: Sep 2009



QUOTE(faceless @ Jul 12 2010, 12:17 PM)
I am a econs grad and I agree with Icycokes except for the bold text.

Economist will focus more on how a particular market behaves. Perhaps business student focus more on cost and benefit analysis.

Only jobs in the Economic Planning Unit or Central Bank (Bank Negara) are deem related job for economist. As a result most econs grads end up in other sectors. Icy already share his thoughts on economist not in related field and I do not disagree.

I had to disagree with mumeichan. The level of math that is applied to economic are in no way inferior to the math applied in business. You think the finding the inverse of 2X2 matrix in SPM is hard? Try it for 16X16 or 5 dimensional (a,b,c,d,e) matrix. The differential and integral calculas is that of 3rd year level math. Once in fourth year, you will have to take econometric. Unless you have 2nd year level statistic you are do not have the prequsite for the course.
*
Thanks bro. So did you have any problems finding a job? And what kind of work are you doing now? So in conclusion, do you recommend me taking it or not?
TSdiversity
post Sep 16 2010, 01:57 AM

Regular
******
Senior Member
1,184 posts

Joined: Sep 2009



QUOTE(Winded @ Sep 14 2010, 06:44 PM)
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 =)
*
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.
TSdiversity
post Nov 21 2010, 01:33 AM

Regular
******
Senior Member
1,184 posts

Joined: Sep 2009



QUOTE(fino_abama @ Nov 19 2010, 02:49 PM)
Godalike,

What do you mean "With MBA or CFA never guarantee you a nice job"? Your statement is a bit vague.


Added on November 19, 2010, 2:53 pm

Dear diversity,

You can branch into Banking or Finance. Both offers a good career. Keep your passion in economics alive. It will be useful no matter which field you go into (Banking or Finance).

Cheers.
*
I don't think I'll take banking...since it's not really a well known course and its better to take a well-known degree for better recognition. And I herd even if you take accounting / finance you can still work in banks.\

As for finance, I'm still unsure..I kinda like finance..and I heard there are a lot of economical subjects in a degree in finance. But the thing is, by just taking finance ALONE as your major, is it advisable? I heard people telling me to always take accounting and finance but not finance alone, that way it'll be better.

TQ

 

Change to:
| Lo-Fi Version
0.0185sec    0.86    6 queries    GZIP Disabled
Time is now: 12th December 2025 - 04:38 AM