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whale1111whale1111 Registered User Posts: 50 Junior Member
edited February 2009 in Cornell University
I know there have been thread regarding this topic, but many seem to have differing opinions. Lets settle this dispute once and for all. I need a consensus on how the job prospect is for each majors for investment banking. Is one significantly disadvantaged than the other?
Which major is better to study finance, since both offer finance courses?
Will internal transfer from Econ to AEM be difficult? or is it harder the other way around?
Post edited by whale1111 on

Replies to: AEM vs CAS ECON

  • molly4190molly4190 - Posts: 1,288 Senior Member
    AEM = Business. It's a pre-professional major...you can pick a concentration like finance, accounting, marketing...

    Econ = liberal arts.

    the job opportunities are probably the same, so why not pick what you'd prefer to study?
  • ResurgamBellResurgamBell . Posts: 2,269 Senior Member
    ECON major isnt very course/credit heavy...meaning you will be able to take many liberal arts electives...

    the only problem is that you wont be able to take too many electives outside of CAS (so no AEM business courses for the most part)

    also an ECON major involves learning a language...

    take a look at ILR too
  • cc102cc102 Registered User Posts: 610 Member
    investment banks don't exist anymore. sorry, you must have missed the memo.
  • CayugaRed2005CayugaRed2005 Registered User Posts: 4,041 Senior Member
    Really? I heard Bear Stearns was still hiring.
  • awkaplanawkaplan Registered User Posts: 61 Junior Member
    It really doesn't matter what major you are, it is how you market yourself to the recruiters and business you are looking at. I am in AEM but know many students in ECON that are getting jobs as well. During the internship and job process you need to market yourself and tell a story about why you want the job and what makes you a good candidate. Both ECON and AEM give you the opportunity to do this. However, in terms of finance, AEM attracts more students and you will be taking classes with your peers. You will also be able to take classes such as AEM 241 (business plan development) which an ECON major can not take.

    Transferring into AEM can be difficult but it is possible. I know of number of people doing it. I don't think I know of anyone transferring out of AEM but it is possible.
  • whale1111whale1111 Registered User Posts: 50 Junior Member
    so is it true that econ and aem offer me the same opportunities, so I should just go with whatever I like?
  • chendrixchendrix Registered User Posts: 1,925 Senior Member
    If you really want to go into Investment Banking, do Operations Research and Industrial Engineering.

    You will probably get more job offers than AEM and CAS Econ majors.
  • awkaplanawkaplan Registered User Posts: 61 Junior Member
    The only thing I can think of where the opportunity would be different as of now is Cornell's CareerNet. Some job offerings are only CALS. Also the CALS Career Services office is amazing! There are easy ways to get around the careernet problem and it would be easier to get help from CALS career services if you were in the college. But other than that that it doesn't matter, the Business fraternities take students from all majors, investment clubs don't care where you come from and if you take courses you are interested in and can explain why they were useful, you could get any job. I know of some students from pretty weird majors getting interviews for IB jobs.

    The bottom line is that it doesn't matter either way because there are pro's and con's to each choice and there aren't that many differences. Look on the AEM website and see if you like the courses and what AEM has to offer. That really helped me in choosing AEM. If you'd rather go for a more ECON liberal arts degree choose ECON
  • LightzoutLightzout Registered User Posts: 248 Junior Member
    Which major would you say deals with intenser math. Im really good with easier math and stats, but not so great with calc. Also, since AEM is in CALS, does that mean it has rolling admissions and lower tuition for NY state residents
  • ThePhilosopherThePhilosopher Registered User Posts: 1,661 Senior Member
    I believe if you do Econ, you must take foreign language courses (because it is in CAS, although I'll admit I don't know what the CALS requirements are). So if that is something you are not interested in, then AEM would probably be the better choice.
  • awkaplanawkaplan Registered User Posts: 61 Junior Member
    in aem I know you can take classes like PAM 200 for intermediate macro, which has no calc. I don't think any school at cornell has rolling admissions. And AEM costs less for in state students.
  • whale1111whale1111 Registered User Posts: 50 Junior Member
    do you think there is a prospect of cornell creating a separate business school anytime soon??
  • CayugaRed2005CayugaRed2005 Registered User Posts: 4,041 Senior Member
    Considering there is already AEM, Hotel, and the Johnson School, it looks like we already have three business schools on campus. AEM is already very much functioning like a school inside of a larger college, much like the Sage School of Philosophy or the Sibley School of Mechanical Engineering.

    More to your point, expect AEM to become 'named' once there is a big enough donor in the wings.
  • ResurgamBellResurgamBell . Posts: 2,269 Senior Member
    maybe the reason it has yet to be named is because everyone is undergoing a tough time...

    there was something on the news about CITI and other banks paying for naming rights on buildings/stadiums with loan money
  • CayugaRed2005CayugaRed2005 Registered User Posts: 4,041 Senior Member
    Don't forget: AEM is largely a new creation. They just started to add serious accounting courses this past year.
This discussion has been closed.