Double Major: Is it Worth It?
Is a double major in econ and finance better than just a degree in finance? Do IBD's like to see this or is it just a waste of money? Does it help my chances of landing a gig? Thanks!
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I think that if you can get
I think that if you can get a double major without hurting your GPA then why not go for it? That is assuming that you are willing to put the time and effort into it. It is just another way to stand out from the pack.
Just wondering; why would it be a waste of money?
Don't pick a major simply
Don't pick a major simply based on what kind of employment opps you think you'll have when you graduate.
I was an econ major and loved it. It's much more broad and requires more critical thinking than finance. (Apologies to the finance majors--I'm not trying to step on any toes here). It also teaches you a rational (if cynical) and holistic view of how the world works. Finance is glorified arithmetic.
Anyway, when I decided to narrow down within econ and focus on finance specifically, I simply grabbed a couple of books on accounting, investing, etc. (Full disclosure: I went to a liberal arts school, so we didn't have a finance major. Not that it would have made a difference).
So go with the double major.
only do it
only do it if the extra course load won't affect your GPA.
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Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
Only if it interests you
Employers look at your GPA and that you understand the basics you could learn from any book. Two majors can show you work hard, but there are other was to do that as well.
Thanks everyone! I really
Thanks everyone! I really enjoy both finance and econ so I don't look at it as additional work, it will cost me 12,000 more to do it so I just wonder if the payback is there or not. I don't forsee it affecting my gpa at all (I currently have a 3.6 overall with a 4.0 major gpa in both). But looking at your comments, I think I will go for it. Again, thanks for all the help!!!!
Re: Thanks everyone! I really
...it will cost me 12,000 more to do it so I just wonder if the payback is there or not.
and then
But looking at your comments, I think I will go for it.
LOL what an idiot