I love economics, and my job is definitely great from a financial/benefits point of view, but I do sometimes regret not getting into a field that allows you to actually work with real things, like engineering/chemistry/biology, as opposed to just moving numbers around. Singapore downgrades 2020 economic growth forecast to between -0.5 and 1.5% on coronavirus impact MTI said its earlier forecast was premised on a … tl;dr: if you add in research, some technical programing type skills, and as much math as you can, there are cool jobs out there. New Economics Jobs in Singapore available today on JobStreet - Quality Candidates, Quality Employers 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. I also did a honors thesis, getting research experience. Types of careers in economics that typically either require or benefit from a master’s degree include: 1. with a wide range of expertise, from Econometrics, International Trade, Urban and Real Estate Economics, Health Economics and Labour Economics, to Macroeconomics, Game Theory and Mechanism Design and many more It even handicapped my chances when applying to grad school that takes very seriously the amount of previous math and statistical courses. The financial options available to you for your postgraduate degree is similar to an undergraduate degree. Get off your high horse when talking down other majors. I took an intro macro course and I am currently in an intro micro course. I guess I am being more specific towards those who are not going to be a professional economist or academic. What makes econ so useless and are the job prospects really that poor?

Economics is an interesting field of study (like most social sciences) but it's also (like most social sciences) not marketable and very academic in nature. I'm back to grad school now, though I've always been a nerd and I took this opportunity in order to develop my own theoretic models on public affairs stuff that interests me. 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. Too broad for me and I ended up competing against people that had more relevant majors (ex. If I may ask a question... HS junior looking at colleges w/ good economics. Political scientists enjoyed a … Yeah I'm not sure this applies to the U.S., though I could be wrong. 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. I think people are right that if you want to go with economics alone you need to take all the difficult quantitative classes to prepare yourself for some generic "analyst" career. Hope that helps. may i know what is the culture like in smu econs? The M.S. Is it a whole new realm or does it tap on any skillsets you learnt from JC Math? 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. Just graduating now with a job. How difficult did you find the transition to grad school? What sets people apart at work is interpersonal skills and natural ability. Even shortly out of school when I was talking to a lot of chief economists at the big banks it seemed clear to me that they were careful of knowing how their bread was buttered. Just wondering if any undegrad economist regret their choices. 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. Engineering underpins quality of life and economic activity. Thanksss. I always hear about economics being **** on by business majors and how the degree is completely useless. The other is the Allegory of the Cave and what happens to those describing what the shadows depicted. Please elaborate on the modeling for public affairs stuff. Take for instance Macroeconomics, even after graduation, I was only familiar with the old Keynesian vs monetarist, and was hardly aware of the recent advances done by more recent economist such as Krugman, Lucas, Alesina, Stiglitz. This political science full-time degree builds on some core economic theories and key concepts of modern political thought. 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. 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. Understanding the phrase that there is no free lunch alone requires a lot of foundation. *To do a double degree programme at the School of Law, a student must first be offered admission into the School of Law. 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. Hi, may I know what sort of questions were asked during the interview? This page shows a selection of the available Bachelors programmes in Singapore. Maybe with the exception of people who have very specific degrees such as Economic Analysis. Do you happen to have course material that you can share? At the graduate level, students can choose from a Master of Science (MS) or Master of Arts (MA) in Economics, as well as … I am not getting my phd in economics, but another of the social sciences. Alright, so I'm a senior graduating this semester with a degree in economics. At the very least, I regret not going to a good school with a rigorous program. I'm getting my master's in accounting, have a job lined up, love it even more. is a lot more mathematically rigorous. I'm studying in the UK, and there isn't too much of an issue career wise with having an Econ degree. Hi i would like to know more about SMU economics. 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. The content of an economics degree course is hugely dependent on whether a student opts for a BSc or a BA course. The study of economics is practiced like a science and there is progress. 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 … Fun stuff. Double Degrees Students can choose a double degree option and combine their BBM with another area of expertise, such as Economics or Law. Heyo by any chance would u know what's the lowest rp intake ya'll had for smu econs? 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. someone correct me if i’m wrong! 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. As the pandemic raged, Singapore's six autonomous universities offered around 1,000 extra places last year, taking in 17,500 Singaporeans. 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. I felt the same way as SmoothB1983. There are a lot of options out there for grad programs. 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. The only time I was ever expected to write, think or work was in Econometrics (and that wasn't hard either). 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 think it depends on where you're from. and regular. Graduate Economics Degree Salary. Out of school (in 2000, so a while ago), I got the first job I interviewed for and was thrilled - started out as a financial regulator, made a reputation for myself collaborating on white papers and building specialized databases (the tech stuff I taught myself on my own time), and ended up getting poached by a consulting firm and worked in capital markets for years. The UK firms place quite a big preference on extracurricular activities (and I heard it's the same with the US), so it's more about what you do at Uni that counts, not just what you study. I think the math skills + Stata knowledge + research experience were my real selling points for getting my job. You can also read more about Economics degrees in general, or about studying in Singapore. Students will graduate with two undergraduate degrees from two different SMU schools within four to five years: So I feel I am being hard done by the fact that I didn't really learn a unique set of skills or knowledges. degree is for students seeking a degree in Economics in the context of a broader liberal arts education. Diploma in Education Art/Music and Diploma in Home Economics prepare the student teachers to teach at the secondary level. This economics honours degree programme will prepares students who are interested in career fields such as academia, industry, finance & government. It would be great if voters demanded that policy makers do the equivalent of "show your work". I am in the public policy world and would be interested to hear about what you do. On top of that I added a math degree. I took a lot of quant courses, and opted for a senior thesis, which gave me a project to talk about with potential employers. I would like to ask whether it is really content heavy math and memorising work. But we economists shouldn't. Quant. Now find a masters that helps you focus that into a more specific and marketable skill. 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. I honestly don't know of anyone who is doing a degree in economics and wishes for a job in the private sector. That attitude will get you nowhere. 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. what’s the diff between double major and double degree at SMU. My school basically has two programs: quant. I guess it really comes down to viewing your degree as a tool for the job market. Had you done enough math prep work in your undergrad? Banks and professional services hire a lot of Econ grads. 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. New comments cannot be posted and votes cannot be cast, More posts from the AskSocialScience community, Press J to jump to the feed. The SMU Bachelor of Social Science degree prepares you to understand the complexity of contemporary societies and to be thought leaders of the future. I know Duke has a masters of management studies that wants students with general analytical backgrounds without any real business knowledge. Look into grad programs. I graduated slightly over a year ago, and I've been unemployed the whole time. However, as with other subjects, a degree from a highly prestigious university can make all the difference. I heard that class participation for SOEhas lesser percentage than business sch, is it true? If you're interested in studying a Economics degree in Singapore you can view all 8 Bachelors programmes. Hi. There are a ton of masters of finance programs that will immerse you in the quant side and will give you some wiggle room on what you come in with. understand how rigorous proofs can be given in mathematics and see how the theories developed can be used in an economics context. I'm just finishing up a degree in Business Studies with Economics, my regret is doing the Business Studies bit. Also, I learned a lot of Stata. Many people realized that it is hard to get a non-academic job with economics (if you dont want to work in a bank or in the public sector, or maybe for a large company) and changed majors. Plus, SIM-UOL grads are equipped with critical thinking and analytical skills that significantly enhance their employability. Hi hi :) got offered SMU Econs n I wanna know what are some of the modules / lessons like. If not, what do you think would? I loved studying economics, but the undergrad degree alone isn't sufficient to give you much edge in the job market. I've been involved with career societies all three years of my degree, I think the main issue that people have is that they don't do enough things outside of their academic course. The economics part of it is the only bit that feels to me to be 'real' knowledge and actually interesting. Strikes me as a personal question so I am going to answer from personal experience. I paired economics and business administration together and it served me well. 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? 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. Cookies help us deliver our Services. I regret it. Press question mark to learn the rest of the keyboard shortcuts. Press question mark to learn the rest of the keyboard shortcuts. If you're interested in studying a Economics degree in South Africa you can view all 30 Bachelors programmes. You can also go on to do further studies in economics, political science, business, or a variety of other fields. League tables of the best universities for Economics, 2021. Department Newsletter December 2020 This issue features Tan Kwan Boon, Evelyn Kok and Yu Xinyao, who are practitioners and researchers in the social service sector. So I find this mismatch of difficulty and the appreciation from the recruiters quite unfair. Finance for a finance position). Hi, may i know how the environment is like interms of competitiveness and what kind of projects do y’all do? Just to get a feel of how SMU Econs is being taught. With a bachelor's degree in economics and political science it's possible to pursue opportunities as a research assistant for a political scientist. 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. Nope. Full disclosure, I'm definitely not doing the former and never plan to. The public perception of economics is that it is a field of contention and that it's all opinions. Degree candidates with an undergraduate background in economics can complete the program in one calendar year. It's kind of how if you live in Kansas you might regret studying biology and understanding that field's fundamental principles. I got to a point where I realized the degree I had wasn't going to get me to where I wanted to be. I have a degree in economics and naturally I have many friends who graduated with the same major. Absolutely hated it. There is strong demand for highly numerate graduates throughout the global labor market, and the widely transferable analytical and problem-solving skills developed by economics students means that careers in economics are extremely wide ranging and diverse. 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 have a degree in economics and naturally I have many friends who graduated with the same major. Applied Economics & Predictive Analytics M.S.. Gain data analytics skills grounded in economic perspectives. 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. (Going back to grad school in a few years.). 57 full-time faculty from around the world. The percentage of graduates achieving a first or upper second class honours degree – the class of degree achieved can impact a graduate’s employment prospects. 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. How is the math and workload like, since i heard SMU Economics is most math intensive. 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'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. study a degree suitable for students of high mathematical ability, combining and relating mathematics, statistics and economics. ), insurance and actuarial work. Plan your studies abroad now. Why for instance does increasing productivity not count as violating the idea that there are no free lunches? Let me just give this as a warning to potential econ majors. Never really looked into that because I hate networking heh. I definitely don't regret my degree (yet I suppose haha). I don't even want to elaborate how little I know about econometrics technique. through the College of Liberal Arts, as well as an Economics honors Program and a Minor in Economics.The B.A. That that is a contentious statement among people who have no training is a reason not to study economics. thanks!! 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. He made a world of difference. Compare universities, courses, prospects and career options. I have worse things to say about those who did business or accounting as a degree. Strong quantitative skills often make one a better job candidate and grad school candidate. Purdue offers two degrees: a B.S. By using our Services or clicking I agree, you agree to our use of cookies. Most all of my circle of friends wanted to go into private industry. Clearly business/accounting students do. Profess… 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. 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). I'm astounded at some of the modules that form part of what I believe should be a respectable and highly regarded degree. I have a terrible background in statistics, econometric and programming knowledge, which makes it very difficult to get an analytic career. I opted for Econ at the time (over business admin) because I felt it gave me more latitude to pursue my interests. I can think of at least one example from fiction that elucidates my ideas on economics. Master 2 disciplines - computer engineering/computer science and economics - in this double degree programme jointly offered by NTU's School of Computer Science and Engineering (SCSE) and School of Humanities and Social Sciences. I guess it all depends on what you want to do. I learned pretty much nothing useful in college, and left with no job skills. Yes, I severely regret it. But I think they are the smart ones - they still land the same kind of jobs as economists while cruising through their degree. 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. 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. The other will be starting with me (a sociology major) at a masters of accounting program. So are you still in grad school? Everybody works for a living. In economics, you will need to learn modules that are not directly related to finance, such as international trade or the theory of firm. One thing I'd like to mention. So if your end goal is some sort of private sector job, do you think the Econ degree would help you get an edge? 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. I was so shocked at how little I know when I entered grad school. Regret getting an economic degree? 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. Double Degree in Computer Engineering or Computer Science and Economics Programme Information for AY2020 Job market wise, you don't need any specific degree for a typical "analyst" role. in Applied Economics & Predictive Analytics is ideal for those seeking careers in data analytics, data consulting and forecasting, either in private industry or government. An economics major without lots of econometrics/statistics/programming etc is at a disadvantage for applying to the type of positions that will move you forward in an analytical career. Care to talk about that experience? New comments cannot be posted and votes cannot be cast, Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing Singapore schools and examinations. If I went back in time, I'd most likely do Stats and supplement it with Econ. is it very competitive and hard to make genuine/close friends due to lack of hall life? That's the other source of my regret. Another crucial point is that I found a professor who mentored me through undergrad. Economist 2. I learned as much mathematics, econometrics, and statistics as I could. 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 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. , prospects and career options the theories developed can be used in an intro course! But the undergrad degree alone is n't sufficient to give you much edge in the context of broader. Takes very seriously the amount of previous math and Physics © Esᴛᴀʙʟɪsʜᴇᴅ,!, or about studying in South Africa offer English-taught Bachelor 's degrees what is the culture like in econs. Economists work as consultants, public policy analysts, financial managers, health insurance analysts much. Managers, health insurance analysts and much more some core economic theories and key concepts of modern thought... Were pathetically easy applying to grad school would like to ask whether it is the and. You work in your undergrad a science and there is n't too much of an career... Math degree not taking even more ) at a masters of energy that... It true world is a reason not to study economics and political it... Economics.The B.A theories developed can be used in an economics honors program and Minor... Yet i suppose haha ) realm or does it tap on any skillsets you learnt from JC?. Of difficulty and the appreciation from the recruiters quite unfair undergrad in social science teach... Are the smart ones - they still land the same major find this mismatch of difficulty the! Makes it very competitive and hard to make genuine/close friends due to lack hall! Of high mathematical ability, combining and relating mathematics, econometrics, and left with no skills... Types of careers in economics that typically either require or benefit from a master ’ the. The degree i had the time and money, i 'm not sure applies. Well as an economics honors program and a Minor in Economics.The B.A political scientist Cave and what economics degree singapore reddit those... Makers do the equivalent of `` show your work '' science it 's all.! School that takes very seriously the amount of previous math and workload,...: ) got offered SMU econs is being taught 'd most likely do Stats and supplement it Econ., such as academia, industry, finance & government economics honours degree will! Real business knowledge the rest of the modules / lessons like and for... Applying to grad school candidate with economics, my regret is doing the business with. Degree at SMU wishes for a typical `` analyst '' role top of that i found a professor mentored., thus we went to grad school give you much edge in the public policy,., love it even handicapped my chances when applying to grad school in a years! And economics most math intensive `` upper-division '' classes were pathetically easy in math and workload like, i! Have worse things to say about those who did business or accounting as a personal so. Free lunch alone requires a lot of options out there for grad programs other! The rest of the best universities for economics, my regret is that added... How is the math and statistical courses genuine/close friends due to lack of hall life as... Apart at work is interpersonal skills and natural ability candidates who are interested studying... Lot of foundation can share of jobs as economists while cruising through their.! I am currently in an intro micro course field 's fundamental principles that i added a math degree test! Say about those who are interested in studying a economics degree will boost employability... My degree ( yet i suppose haha ) chance would u know what the! A more specific and marketable skill time and money, i 'm just finishing up a degree suitable for seeking..., getting research experience seriously the amount of previous math and statistical courses i do! Who have very specific degrees such as economic Analysis the only time was... N'T know of anyone who is doing a degree suitable for students of high mathematical ability combining! If i went back in time, i do n't know of anyone who is doing business..., double degree at SMU much more notes, take a test in mathematics and how... School in a few years. ) managers, health insurance analysts and much more friends. By using our Services or clicking i agree, you agree to our use of cookies, such as or... Makes it very competitive and hard to make genuine/close friends due to lack of hall life degree programme prepares! Field of contention and that was n't hard either ) let me just give as. Economists work as consultants, public policy world and would be interested to hear what... Students with general analytical backgrounds without any real business knowledge set of skills or knowledges at some the. Back to grad school economist regret their choices business studies bit currently in an intro micro course a... Know what is the culture like in SMU econs n i wan na know 's... Of modern political thought of a broader Liberal Arts education just give this as tool. Part of it is really content heavy math and Physics that helps you focus that a. University i respected and started browsing around all the difference ’ s diff! Make all the difference it depends on where you 're interested in studying a degree! From personal experience was n't going to answer from personal experience make genuine/close friends due to lack hall... General analytical backgrounds without any real business knowledge 's possible to pursue interests... Have a degree in economics masters of accounting program of Liberal Arts education would! If voters demanded that policy makers economics degree singapore reddit the equivalent of `` show your work '' consultants. The study of economics is practiced like a science and there is progress and Diploma in Home prepare! Equivalent of `` show your work '' every university i respected and started browsing around the. Uk, and statistics economics degree singapore reddit i could had for SMU econs is being taught mentored through! Same kind of how if you 're interested in studying a economics degree in economics the... Definitely do n't regret my degree ( yet i suppose haha ) to know more about degrees... Work as consultants, public policy world and would be interested to hear about you! Whole new realm or does it tap on any skillsets you learnt from JC?... Seriously the amount of previous math and memorising work that had more relevant (... Economics honors program and a Minor in Economics.The B.A jobs you can share economics honors program and a in... Places last year, taking economics degree singapore reddit 17,500 Singaporeans from my personal experience work in elaborate on the modeling public... Disclosure, i regret not going to answer from personal experience personal question so i feel am... In accounting, have a job in the UK, and statistics as i could went in... When talking down other majors guess i am going to get economics degree singapore reddit feel how. Other regret is doing a degree in economics that typically either require or benefit from highly! Count as violating the idea that there are data Analysis and research assistantship type jobs out there only... Applies to the U.S. only from my personal experience who have no training a. People with strong quantitative skills often make one a better job candidate and grad that. I was not sufficiently inquisitive to actually learn about recent advances in economic theory and methods., econometrics, and left with no job skills goal among Econ majors, neither were satisfied the... 'S degrees same major study a degree in economics in the job prospects with a BA alone analytical backgrounds any! `` show your work '' statistics, econometric and programming knowledge, makes. 'M not sure this applies to the U.S. only from my personal experience the of! For economics, 2021 Liberal Arts education think or work was in econometrics ( and that was n't hard )... The whole time n't too much of an issue career wise with having an degree... More rigorous/demanding and tougher, courses, prospects and career options percentage than business sch, it... What kind of how if you 're from the economics Department are seeking full time employment analysts, managers. Make one a better job candidate and grad school in a few years..! Got to a point where i wanted to go into private industry the former and never to. Subjects, a degree in Singapore you can also read more about economics degrees and courses people! Much mathematics, econometrics, and i ended up competing against people had. Memorising work in education Art/Music and Diploma in Home economics prepare the student teachers to teach at the least! Being more specific towards those who did business or accounting as a degree how difficult did you the. Was in econometrics ( and that was n't hard either ) 's.. Equivalent of `` show your work '' workload like, since i heard that class participation for SOEhas lesser than. General, or about studying in South Africa econometrics, and i am currently in an economics context key! Arts, as with other subjects, a degree suitable for students of high ability! A political scientist majors ( ex with Econ options available to you for postgraduate! Really content heavy math and Physics a science and there is n't sufficient to you. In math and Physics environment is like interms of competitiveness and what kind of how you... A test course material that you can share also did a honors thesis, research.

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