Would it be fine to drop my econ major for poli sci?
I go to a semi target. I am currently an econ major, but I want to drop it to a minor and major in poli sci instead. For reasons, I can't double major.
Im currently a sophomore with a 3.7. Econ is notoriously hard here so thats why it's not better. Will banks look at me strangely for that? I have two finance internships and one is local IB. I will be doing a different boutique IB internship this summer as well. In addition, by the time I apply, I will have coursework in accounting, corp fin, M&A, and LBOs, so I can definitely prove myself on technicals and would list those courses on my resume.
But I'm still worried that poli sci may be seen as an easy major, and I'd get dinged for that.
Depends. what semi target?
I don't want to say because people may recognize me, so lets just say top 30 school.
I was a poli sci major at a non target and don’t believe I ever got dinged for it after having finance internships / experience on my resume. Econ isn’t really more applicable to the job than poli sci because at least at my school there was basically no finance in the Econ classes.
Genuinely enjoyed poli sci and made this decision before I decided on banking, was able to get better grades because the coursework was easier and I enjoyed the classes.
With ib experience I don’t think your major will get scrutinized at all, especially if you’ll get a better gpa as a result
Thanks for your insight dude. So at my school, the econ major does have a lot of finance electives in all parts of finance, so IB, PE, HF, RE, etc... but as a minor, I could still take the M&A, LBO, and IB classes. The IB class is actually a semester long training program for people with IB offers that is taught by one of the top TTS guys, so it's basically a semester long version of the basic training that incoming IB analysts receive. I mention that because I would't be able to take it as a minor, but I really love poli sci. I mean as long as I have the LBO/M&A classes, the IB one doesn't matter right? And I do have practical internships in PWM and IB as well with a 3.7. Recruiting in 2021.
Go with Poli Sci if you think you can get a higher grade. It honestly doesn't matter at all, especially if you can show IB Experience, can do well on the technicals, are networked well, and have a high GPA. Hell, you could probably be an english major from a strong enough semi-target and it would be fine. College major means nothing if you're coming from a good school. I'd almost argue that it's most interesting and that you'd learn more by studying something very liberal artsy at a high level than just grinding out what you think is most applicable.
My hot take on Econ is that its honestly not relevant at all to finance/business at all besides some high level mental frameworks that are good to know like opportunity cost. Econ, especially at the higher levels, becomes very theoretical and given that every econ model is prefaced by some broad sweeping assumption this could never be true in the real world, I found all of my econ classes kind of useless. This is coming from someone who has taken both undergrad and grad level econ.
Bump, what would happen if I dropped it in the fall 2021 semester, hypothetically once I accepted an offer (if I can get one of course lol)? Would they get mad at me?
Also econ is just not “notoriously hard” here and there’s no minor in political science so figure your shit out
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