Types of careers in economics that typically either require or benefit from a master’s degree include: 1. In economics, you will need to learn modules that are not directly related to finance, such as international trade or the theory of firm. There are a lot of options out there for grad programs. Economics offers expertise in a variety of fields including industrial organization, labour, economic measurement, economic history, macroeconomics, public policy, and international trade and finance development, as well as resource, health, and transitional economics. Fun stuff. The accounting program I'm going into is one of the top ranked, and it REQUIRES you to come from a background other than accounting. If I may ask a question... HS junior looking at colleges w/ good economics. I heard that although the other universities such as NUS and NTU are offering economics as well, but the content varies like the modules. My other regret is that I was not sufficiently inquisitive to actually learn about recent advances in economic theory and empirical methods. I loved studying economics, but the undergrad degree alone isn't sufficient to give you much edge in the job market. Am really interested getting into SMU economics and am planning on taking double degree( whats the diff with double major still a bit confused) so seniors pls advice. through the College of Liberal Arts, as well as an Economics honors Program and a Minor in Economics.The B.A. Applied Economics & Predictive Analytics M.S.. Gain data analytics skills grounded in economic perspectives. The SMU Bachelor of Social Science degree prepares you to understand the complexity of contemporary societies and to be thought leaders of the future. That's the other source of my regret. Strikes me as a personal question so I am going to answer from personal experience. in terms of modules and content to study, double degree is more rigorous/demanding and tougher. I heard that class participation for SOEhas lesser percentage than business sch, is it true? League tables of the best universities for Economics, 2021. someone correct me if i’m wrong! How difficult did you find the transition to grad school? I don't think many undergraduate economics programs actually have very difficult math requirements, and my biggest criticism of mine was that I can't remember having to write any significant essays. But other engineering/science/language degrees holders can still take up these analyst jobs in banks/insurance/accounting companies and at the same time able to go into their degree specific roles. understand how rigorous proofs can be given in mathematics and see how the theories developed can be used in an economics context. The M.S. Political scientists enjoyed a … Are you just saying this because now you realize you prefer engineering to econ, or because your econ degree doesn't fulfill what you'd like it to? Those of my friends who didn't want a career in academics went on to obtain master's degrees in business related majors - MBA, marketing, accounting, etc. Never really looked into that because I hate networking heh. Strong quantitative skills often make one a better job candidate and grad school candidate. Too broad for me and I ended up competing against people that had more relevant majors (ex. BSc economics courses use mathematics and statistical theory applied to economic theory and they are designed for students who want to take advantage of a background in mathematics to further their understanding of the world today. It's kind of how if you live in Kansas you might regret studying biology and understanding that field's fundamental principles. I'm sure you'll agree if you went to a decent university your economics degree must have had some kick ass difficult combination of maths and essay writings and some more. In The Great Gatsby at one point Daisy cries that she hopes she has stupid, stupid children so that they don't suffer knowing how f'd up things are. My school basically has two programs: quant. I always hear about economics being **** on by business majors and how the degree is completely useless. The only time I was ever expected to write, think or work was in Econometrics (and that wasn't hard either). from what i gathered from other posts, double major are 2 specialisationsthat ends up with 1 degree, but double degree programs, as the name suggests, allows you to have 2 degrees. Care to talk about that experience? An economics degree will boost your employability in many areas, regardless of the industry you work in. Thanksss. Consultant 3. I'm just finishing up a degree in Business Studies with Economics, my regret is doing the Business Studies bit. That attitude will get you nowhere. If you want to learn more things other than finance, or you have yet to decide your area of study, studying economics gives you a good exposure to many more areas. Law graduates from the University of Oxford typically earn £61,400 (~US$78,400) after five years, while, in contrast, Bradford University law graduates earned … Degree candidates with an undergraduate background in economics can complete the program in one calendar year. Engineering underpins quality of life and economic activity. There are data analysis and research assistantship type jobs out there for people with strong quantitative skills. I also did a honors thesis, getting research experience. If I went back in time, I'd most likely do Stats and supplement it with Econ. So far I have loved learning about economics, but I don't want to major in it if it doesn't have good job prospects. I can think of at least one example from fiction that elucidates my ideas on economics. If not, what do you think would? Thank you, i covered what’s the diff between double major and double degree at SMU very thoroughly in a prev comment; you can read that then lmk if you need more explanation, pretty sure you can know more about it here: https://economics.smu.edu.sg but hopefully some seniors can share their personal experience here as well hehe i’m interested too. Had you done enough math prep work in your undergrad? I've been really happy with my Econ undergrad. I think it depends on where you're from. Profess… Please elaborate on the modeling for public affairs stuff. Quant. Perhaps the tools you learnt in economics give you more of an analytical mind than others but I don't think its enough to give you an edge. Do u have a sample is it as straight forward as A level H2 math calculus or like complicated till you can complete a thesis. Our Economics degree programme is designed to provide a strong understanding of modern economic theory, inculcate independent thought about economic policies and problems, develop the capacity for quantitative research, and provide descriptive knowledge about the local and global economy. in Applied Economics & Predictive Analytics is ideal for those seeking careers in data analytics, data consulting and forecasting, either in private industry or government. Look into grad programs. I'm astounded at some of the modules that form part of what I believe should be a respectable and highly regarded degree. Most all of my circle of friends wanted to go into private industry. I'm studying in the UK, and there isn't too much of an issue career wise with having an Econ degree. Purdue offers two degrees: a B.S. I regret it. Hope that helps. How are you feeling about your job prospects? I wanted to pursue an academic career and so did many of my friends, thus we went to grad school. Plus, SIM-UOL grads are equipped with critical thinking and analytical skills that significantly enhance their employability. I learned pretty much nothing useful in college, and left with no job skills. is it very competitive and hard to make genuine/close friends due to lack of hall life? may i know what is the culture like in smu econs? It was pretty much go to class, take notes, take a test. Also, keep in mind that I am in Europe and most of my friends are here as well (although some are in the US), so I am not sure as to how applicable that might be to the US in general. The other is the Allegory of the Cave and what happens to those describing what the shadows depicted. I didn't comment on the moderator post a few days ago, but I think a large portion of private sector jobs in economics are still very political. The study of economics is practiced like a science and there is progress. Economists work as consultants, public policy analysts, financial managers, health insurance analysts and much more. I would rather have pursued an engineering degree and studied economics as a hobby. My only regret was not taking even more quantitative courses. I was so shocked at how little I know when I entered grad school. Also, I learned a lot of Stata. Press question mark to learn the rest of the keyboard shortcuts. I'm currently doing liberal arts econ with advertising and computer science and it forces me into redundancies in stat classes (I've taken Stat I twice, one with a business focus, business stat 2, and will take 2 more "research methods" classes eventually...) , ; I imagine I'll fall into a jr. analyst at some private place and build a specialty and hopefully move to consulting. I have a degree in economics and naturally I have many friends who graduated with the same major. You may use the Post-Secondary Education Account (PSEA), CPF Education Scheme (CPFES) or take up a Tuition Fee Loan (TFL) to fund your PhD programme. I guess I am being more specific towards those who are not going to be a professional economist or academic. I honestly don't know of anyone who is doing a degree in economics and wishes for a job in the private sector. Alright, so I'm a senior graduating this semester with a degree in economics. Learn more here. If you’re worried that going for an overseas degree programme offered by a PEI won’t set you up for success, we’re here to debunk that. Banks and professional services hire a lot of Econ grads. Those of my friends who didn't want a career in academics went on to obtain master's degrees in business related majors - MBA, marketing, accounting, etc. Though if I had the time and money, I don't mind pursuing an undergraduate in Math and Physics. ), insurance and actuarial work. The Master of Arts in Economics degree features a required core of five mandatory classes and five more elective courses, for a total of 30 credit-hours. New Economics Jobs in Singapore available today on JobStreet - Quality Candidates, Quality Employers what’s the diff between double major and double degree at SMU. Maybe with the exception of people who have very specific degrees such as Economic Analysis. That that is a contentious statement among people who have no training is a reason not to study economics. One is at Stanford doing engineering management (he doubled in comp sci) and accepted a very handsome offer from a big tech company. I am not getting my phd in economics, but another of the social sciences. Learning statistical software / programing is a very useful job skill (Stata is popular in the US, R is gaining some following, there are others too). Everybody works for a living. So I feel I am being hard done by the fact that I didn't really learn a unique set of skills or knowledges. Regret getting an economic degree? hihi y1 smu econs student here feel free to ask me abt anything you want to know (abt smu or the course) ill try my best to answer them haha. Just wondering if any undegrad economist regret their choices. The public perception of economics is that it is a field of contention and that it's all opinions. At the graduate level, students can choose from a Master of Science (MS) or Master of Arts (MA) in Economics, as well as … One thing most of these career paths have in common, however, is the need for a master's degree to get your foot in the door and/or work your way through the ranks. If you're interested in studying a Economics degree in Singapore you can view all 8 Bachelors programmes. Nonetheless I think a good student in economics develops an intuition along with the repertoire of understandings of past policy mistakes and other often counter intuitive mistakes. I have worse things to say about those who did business or accounting as a degree. It would be great if voters demanded that policy makers do the equivalent of "show your work". Yes, I severely regret it. Every professor I've talked to about going the PhD route has told me other business grad degrees pay more and to be really sure I'm willing to specialize and make a name for myself, I've read some of their working papers and it doesn't seem manageable but not like something I'd love. You might be competing with math and comp sci majors for some of them, but the more interesting ones like economic research experience / econometrics experience. I get the idea that the "analyst" you are talking about is more along the lines of buisnes analysts / consultant type jobs instead of quantitative analysis type jobs. It seems like working in the financial world is a common goal among Econ majors here in the U.S. only from my personal experience. This double degree programme, jointly offered by the College of Engineering and the School of Social Sciences, aims to equip graduates with excellent knowledge and competency in engineering and economics. With an economics degree, you can work in a variety of different fields from finance and banking to public policy, sales and marketing, civil service (government departments, the Federal Reserve, etc. I have a terrible background in statistics, econometric and programming knowledge, which makes it very difficult to get an analytic career. To jump to the feed heard that class participation for SOEhas lesser percentage than business,. 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