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B.A. or B.S. in Economics

blamar01blamar01 Registered User Posts: 23 New Member
edited October 2011 in Business Major
I am currently a student at the University of Michigan and I intend on majoring in Economics. This major is outside of the business school so I was wondering if I should get a B.A. in Economics or a B.S. If I get a B.A. it would be so that I could take some basic classes within the b-school such as accounting, finance, etc. I don't plan on going to grad school and am looking to get in any type of large corporation financial position and/or investment firm careers. Is a B.A. with b-school courses more impressive than a B.S. with a mathematics minor? My school doesn't really help me because all they tell me is "you go to the University of Michigan so it doesn't really matter" which I think is a bunch of crap. I want to make the right decision for my future. So can anyone tell me the variance in job opportunity and/or salary difference between a B.A. and a B.S. in Economics?
Post edited by blamar01 on

Replies to: B.A. or B.S. in Economics

  • Rob54Rob54 Registered User Posts: 167 Junior Member
    Either option would be acceptable, but if corporate finance is your goal then I think you should go for the BA plus the extra business classes.
  • pbgpbg Registered User Posts: 61 Junior Member
    Doesn't matter.
  • melon390melon390 Registered User Posts: 698 Member
    Yeah doesnt matter.

    BUT, take this into consideration..

    There are MANY more applicants with a finance/accounting/regular economics programs for corporate finance positions, but you will be UNIQUE and develop strong analysis skills with a BS in Economics and Math.

    IF you can handle the math, I'd honestly go with the BS
  • naurunauru Registered User Posts: 1,158 Senior Member
    ^ I agree with this.
  • ferryboat10ferryboat10 Registered User Posts: 636 Member
    If you're not in Michigan's business school, it will be hard to get into quality business classes even if you've met the accounting and economics principles prerequisites
  • MttFrog13MttFrog13 Registered User Posts: 13 New Member
    I would major a BA in econ, but minor in finance or something. That is what i am doing. Econ is so broad i wanted my employers to be clear about what i want to do. On the other hand you could do a just a BS in econ. Most people who do this go on to getting a phd in econ. If you can handle it get a BS in econ and a minor in the business school. You can get a minor really easy, its isn't hard to get accepted into the minor program where as some people who want to do a dual major. You could do that too if you want. Its really up to you. I myself decided to get the BA in econ and minor in finance.
  • xelinkxelink Registered User Posts: 1,125 Senior Member
    if you want a quant position do the math
    if you want something less quant intensive, do the business.

    at the end of the day the financiers care more about GPA though.
  • oneguy21oneguy21 Registered User Posts: 438 Member
    Quantitative skills are crucial. I'd say go with the BS w/ a minor in math.
  • kjsinghkjsingh Registered User Posts: 1 New Member
    My school only offers BA is that good enough to get an MBA @ Stanford Next Year?
  • LazyKidLazyKid - Posts: 758 Member
    I was an Econ major at an Ivy and know a bunch of people who were Econ majors at my college. Perhaps I can answer your question - regarding your career track in finance with degree in Econ.

    I don't know about U of Michigan, but at my school, it doesn't seem to matter what your major is. I know kids who majored in Sociology or Government who are now working as Traders or Investment Bankers at BB. Your GPA is very important in landing interviews, and your work experience (internships) as well as your interviewing skills will determine your fate.

    At the same time, I know a bunch of math/ engineering/ Econ majors who didn't make the cut at IB, Consulting, or Trading at BB. So, I don't think your major is the most crucial factor in helping you land top finance jobs/internships. IB's - when they recruit, they look at your individual qualifications and personality, not your major.

    Note: the advice above admittedly may not be applicable to you since you attend a different college. But, my guess is that at U of Michigan, your internship experiences, GPA, and personality/ interviewing skills will trump your choice of major.
    There are MANY more applicants with a finance/accounting/regular economics programs for corporate finance positions, but you will be UNIQUE and develop strong analysis skills with a BS in Economics and Math.

    I don't know about that. Your decision to major in either finance/accounting or math/econ ain't likely to make your break you - in recruiting for finance jobs.
  • jgersonjgerson Registered User Posts: 18 New Member
    i had the same debate - ultimately picked BA for the exact reason that i wanted access to accounting and finance classes and most importantly, the business school's recruiting calendar and information sessions. I am very glad i did that - had I gone the Bs route, i think it would have been infinitely harder to get in front of recruiters, and regardless of what some of the larger banks say, having a few accounting and finance courses under my belt is a huge help right now - i honestly don't know how i would prepare for interviews without accounting and finance. I'd be memorizing WSO and vault guides without knowing anything beyond surface knowledge.
This discussion has been closed.