<p>I am a junior majoring in finance… I just realized the other day that if I were to pursue a minor in psychology on top of my primary major, I would have to go over the 128 credit limit for graduation (by one class or 4 credits). At NYU, this translates to an extra $5000 in tuition… should I still do it nonetheless? My parents would support my cause if I choose to do so, but we are not a wealthy family by any means. Do you think a little extra knowledge in psychology and a minor title is worth the bill?</p>
<p>NO. IMHO, it won’t increase either your chances of getting a job or your starting salary. If you’re interested in psychology, do some reading on your own. It’s alot cheaper.</p>
<p>I don’t think it is worth it. My husband hires based on those who have math/analytic background. More important than the major at college, are the courses taken, material covered and proficiency in it. If those things are brought up, it is as valid as having a math minor. Also psychology is not one of those subjects that is so much in demand as math is.</p>
<p>You got an economics question, not a finance or psycho question. The marginal utility is dependent upon the $5000 compared to your overall tuition/COA and the expected gain in knowledge. </p>
<p>IOW, no idea. Today’s, I mean TODAY’s, financial markets have a heavy dose of psychology.</p>
<p>Not for one more class… your major is what will get you the interview anyway - and if you want you can say you have taken nearly all of the classes required to get the minor…</p>
<p>A minor is a useless designation in the scope of things. About its only usefulness is to earmark something you spent a lot of course-time on for potential employers (so that they see Major: Finance; Minor: Psychology instead of just Major: Finance and either not knowing you took that much psychology or you having to specify separately).</p>
<p>It won’t make a difference in grad school, where they will look at individual courses anyway. It won’t make a difference to employers because where it would be applicable, there will be a way to say that you have that experience without needing to write “Minor.”</p>
<p>If you are interested in going into Psychology after a fashion, taking those classes can fulfill Master’s program prerequisites. Even then, however, you will not need to officially minor in it – having taken the courses (minus the 1 that would make it an official minor and cost $5000 more) is enough.</p>
<p>Sometimes a valuable minor in the job world can make a difference. Such as a computer science minor with an English major or a math minor with a music major will highlight the more employable course of study. But you can also let employers know about this by adding the number of courses you took in that area if you did not get a minor. A lot cheaper.</p>