Question by tmoneyrocket: What are some career advice for Economic Majors?
Right now I'm an Economics major at UT austin and I would like to go into the business fields
What types of internships should I look for and where?
I would love to do to Ecomomics- MPA path but it's very hard to get into
also I would love to do Business Economics.
I was just hoping for any advice on things I can do or good steps to take right now. Anything will help. Thanks
Best answer:
Answer by yoyoyo22
It depends on which business field you are interested in.
For example, a good background for investment banking might include an economics major with a few extra math courses and the Business Economics Option program (understanding basic accounting principles from ACC 311 and ACC 312, along with FIN 357 and 367, will give you an edge in job prospects).
If you really, really love accounting (again, I must re-emphasize this: you must absolutely love accounting), then go for the Economics-MPA program. Don't do Economics-MPA simply for the prestige of the degree. Also, the MPA program is designed for people who want to become CPAs and/or sell their souls to one of the Big Four firms. Yes, you can work in industry after receiving a MPA from McCombs, but know that most job offers will come from the likes of the Big Four.
If you want to go into a marketing related field, I would suggest minoring in advertising while majoring in economics. Unfortunately, McCombs won't let students outside the business school into their classes (sometimes the business school administration can be a little arrogant), so you won't be able to get into marketing courses, but advertising is just as good with a degree in economics.
For a MIS equivalent program, just minor in computer science. Yes, the classes aren't really that equivalent, but if you can program and understand the technical jargon, you can probably break into the IT field.
Finally, if management really interests you, you could complete the Business Economics Option program, work a few years, and then apply to a top MBA program. After all, MBA programs are more likely to accept undergraduate economics majors than undergraduate business majors, which definitely gives you an advantage. Work experience and the Business Economics Option would show MBA programs your desire to pursue a business field.
Best of luck!
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