Economics Majors

A lot of people struggle in this field, especially the business majors who wander in for a class or two. If ya can't hack it, there are the dumb majors like english, psychology, history, etc... Good luck.
 
Quote from Neodude:

Besides the regular supply and demand stuff it should give you a good foundation to take the classes you really need. But by itself it is worthless, make sure to take some classes in accounting, bonds and derivatives pricing. A minor in mathematics is also very helpfull. Don't forget to take at least one class in programming and statistics, these are the tools of the trade no trader should do without.

-Neo

So in other words, he should basically do a business degree (with a finance major) if he is interested in trading. Couldn't agree more myself, that's what I'm doing. :D

For those that aren't familiar, a business undergrad degree generally includes:

- a calculus class
- minimum of three econ classes
- minimum of two accounting classes
- minimum of one finance class
- minimum of three statistics classes
- at least one ORG class
- at least one marketing class

A programming class or two can easily be thrown in, I did an intro Java class, but I haven't had time to pursue this further (programming classes are generally a major timesuck compare to business classes).

So like I said, the original poster should probably contemplate a business degree as the best area of focus.
 
The economics that I learned from my days at Brandeis University in Waltham, MA has not helped me much in the forex trading arena. However, if you do like economics, then go ahead and major in economics. The only thing I remember from economics was that no one will ever pay me what my Marginal Productivity of Labor is.
 
Quote from plugger:

You should consult astrological charts, wave patterns on the oceans and the colour of the sky during winter solstice and the spring equinox.

You forgot Punxatawney Phil!
 
Quote from TF13158:

Hey guys,
I recently changed my major to economics (yes, I changed again for those that know me). I was wondering if any of the econ majors here would mind telling me what advantages economics has as far as trading goes, and what your job is exactly. Thanks.

- Jimmy


As far as trading goes, no college degree while help you, experience is the best teacher (so is a really succesful trader as a mentor). As far as an economics degree, I have one and its pretty worthless imo. I wish I studed something in the life sciences or computer science instead.
 
Back
Top