I am an incoming freshman planning to major in Economics at UC Davis. I would like to work at a bank, become an accountant, or do something related to finance for my career. I don't know much about these careers, but I really want a job that pays well.
My opinion so far on some specific jobs:
Accounting- seems boring, but a stable job. Are there different types of accounting? What classes should I take? What's the average salary?
Management- requires an outgoing and friendly person with a good attitude and outstanding leadership skills, able to handle situations on the spot. Not everyone can do it, but if you have these skills, you'll excel in this area.
Investment banking- extremely competitive to get into, extremely competitive job in general, work 60+ hours per week, but extremely good pay. I especially want information for this. What classes should I take? What would help me get a job in this area?
What career can I pursue with a major in Economics?
UC Davis has an excellent economics program. Get in good with the profs, go to grad school there, and work at the Federal Reserve Bank. That's my plan...
Reply:Accounting-you are correct, boring and stable, there are accountants for big corporations who focus only on their own company, and there are CPAs who are public accountants for many different small businesses.
Management- you dont go to college for Management, you go to college to find your area of interest and then once you are out in the real world you become a manager by excelling. There are management courses and stuff you can do to help yourself manage better but I would not think about those in college unless you are certain your path determines managerial experience...
Investment banking is not as glorious as it sounds. You are a salesperson, you do very little investing...You don't make money by sitting around and having people come to you. You have to be selling them investments...I hated that part of it and quit.
I was an economics major too, I've been in the real world 11 years now and can say don't worry about it...Economics prepares you for every single office job there is. It has lots of real world applications. You will be fine.
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