Double major in Math & Econ, or major in Math + minor in Bus & CS?
Hi everyone, this is my first post here.
I am currently a junior student majoring in pure math and econ, but in order to finish my major and general requirements I can only take one elective course from other subjects (probably finance) since I transferred twice.
On the other hand, it is also possible for me to drop my econ major and minor in business and computer science instead (though admission into the bus minor is not guaranteed).
I am just wondering which option would be more advantageous if I am going to study Master in Financial Engineering or PhD in Financial Math (I still can't decide between them) after graduation? I have already taken C, C++ and accounting courses before, but none in finance. My school is among the top 15 ranked schools in Math, Econ, Bus, and CS.
Thanks! :-)
As a math and econ major, I shall say that a math major + cs & business double minor seems more well rounded. Both combinations should serve you well for MFE admissions.
Thank you for your comment! So how about for admission to PhD programs in Financial Math?
Math & Econ is a solid combo.
Thanks!
Computer science is getting very popular and having a background in it is quite helpful in terms of getting jobs. So I suggest Major in Math and minor in Business and CS. Everyone wants a solid quantitative background. I major in Econ and to be honest, it is too easy and not very quant and a lot of people major in econ as well. :P
Thank you for your suggestions!
Yeah, picking Economics to be one of my Majors isn't among my best decisions in life so far. However, it has some upsides - Econometrics for example is a pretty valuable course, including all the 'continuation' courses like Time Series, etc. Being literate in terms of programming languages is a must nowadays, I believe, therefore a Computer Science Minor cannot be a bad decision. I'm taking it as a 2nd Major and it's mostly because of that. I'm probably the last person who will sit down and write a program outside the requirements in terms of course projects, homework, etc. Mathematics - pure win, not much to say there.
So what if I am already taking Econometrics this term? Do I still need to keep my Econ major?
Could you name some other econ courses that would be useful in financial math/engineering?
^ As someone who has the exact double major combo, econometrics (+ Time Series and Computational Stats) and a few macro courses have been far more valuable than anything an alternative major could have offered. Again, as your girlfriend would have reminded you, "it not what you have, it's what you do with it".
Are macro courses really that important? Intermediate macro is the last course I would want to take though... Wouldn't micro be more useful? Thanks!
lol macro is like, oh hey let's rearrange some equation and out comes a new magical theory that somehow explains some part of the economy. As a math major, I found macro econ to be both unrigorous and uninspiring. micro I'd say is more useful.
if i were you i'd drop the econ major and do an econ minor at most. If i were to go back I'd replace all the econ and business courses I did with more stats & computer science.
I just had a new idea!! If I neither keep my econ major nor take CS/BUS minors, I can use my extra credits to take seven more math courses, or six math courses plus one finance basic course! Do you guys think this would be an even better option?
Depends on how applicable the Math courses are, in my opinion. But Economics/Mathematics as Double Major is a wombo combo in the end of the day. Macroeconomics > Microeconomics, at least that is how I see it.
Officiis non illum et accusamus sequi voluptatibus. Est voluptatem quaerat quia amet dicta consequatur totam.
Minus quia possimus sit atque. Dolorem ab aliquid sunt aut qui. Enim reprehenderit odit consequuntur atque eius. Minus quia vero id.
Facere aut cum sunt dolorem reprehenderit. Esse voluptatem laudantium provident autem iusto. Similique rerum est tenetur iure saepe eos in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...