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Are Economics degrees respected?

Are Economics degrees respected in the world of work? How do they compare with, say, a Law degree? What are the general career prospects for Economics graduates?

Reply 1

President_Ben

15

Gamma

Are Economics degrees respected in the world of work? How do they compare with, say, a Law degree? What are the general career prospects for Economics graduates?

Arguably, Economists have the best employment prospects of any university student.

All thanks to the golden goose of investment banking - which keeps on giving. :cool:

But also, you are trained to use and develop, understand and critique models in a quantitative manner. One of the very few degrees with significant use of written communication and mathematical analysis driven by statistics with healthy amounts of calculus and matrices.

Economics is the best :wink:

Reply 2

N9ne

7

However I think it's quite important that if you have a degree in Economics, it be a BSc (or BA from Oxbridge) and from a top 10-15 university.

Reply 3

ChanandlerBong

OP

7

OK, thanks for the replies. :smile:

Reply 4

ammarb87

N9ne

However I think it's quite important that if you have a degree in Economics, it be a BSc (or BA from Oxbridge) and from a top 10-15 university.

What are the top 15 unis ? Newcastle or Cardiff one of them ?

Reply 5

N9ne

7

ammarb87

What are the top 15 unis ? Newcastle or Cardiff one of them ?

Well the list is debatable. I'd suggest looking at both the Times and Guardian tables as guidance. Essentially it needs to be a respected university, a BSc and a challenging course, else it won't hold as much value.

Reply 6

ammarb87

Well what do you think ? The guardian tables look flawed ... I Just want to know what do u guys think ? You can leave out Lse, UCL, Warwick and Oxbridge .. !
Would u guys do Economics at Newcastle or business finance at durham?
What if the degree is BA ?

Reply 7

supernova2

11

Good unis you havent mentioned

York
Bristol
Nottingham
Bath
Manchester
Durham
Southampton
Edinburgh
Kings
Loughborough
St Andrews

Im not too sure about the economics departments for a few of them but if you got into the top 7 or 8 youd be pretty set.

Reply 8

ammarb87

So would you rather do Economics at Newcastle or business finance at Durham?

Reply 9

__WiZaRD__

2

economics at newcastle, id say...

Reply 10

john williams

15

Id say Durham, but neither courses seem great as newcastle isnt a good uni and the durham course you can get in with CCD, as i know someone did.

Reply 11

ammarb87

It isnt a good uni ? It was 13th best in the Guardian League tables !!
I can also apply at Loughborough and I think I can get a place ..

Reply 12

ba_ba1

10

supernova2

Good unis you havent mentioned

York
Bristol
Nottingham
Bath
Manchester
Durham
Southampton
Edinburgh
Kings
Loughborough
St Andrews

Im not too sure about the economics departments for a few of them but if you got into the top 7 or 8 youd be pretty set.

kings dont do economics i dont think

Reply 13

ammarb87

Yeah Kings doesnt do Economics .
I dont know what do . Should I go to Durham for Business Finance or EcoBsc at Loughborough ? U know I ask ppl whether they've heard of loughborough and ppl look me like I am stupid or smth !! How is Loughborough for Eco and itself as an uni ? I am interested in doing Intl eco (sounds interesting)
I dont know what to do ..
My plan is that I m gonna through Clearning in August . Might get a place on an Economics course at a better uni ..
There are also places available at Queen Marys .. what do ya guys say ?

Reply 14

ammarb87

What do think of Essex ? I am so bloody confused

Reply 15

Theorist

10

Gamma

Are Economics degrees respected in the world of work? How do they compare with, say, a Law degree? What are the general career prospects for Economics graduates?

Economics graduates have very good career prospects; an Economics degree is an excellent preparation for almost all careers in finance, economics or commerce. Like President Ben said, it's one of the few degrees that combines numbers with words and that's a great skill to have. Not all physicists can write coherent extended essays and not all historians can quantitatively model situations. But like N9ne said, you'd need a BSc (or Oxbridge BA) from a reputable university for a high-flying career. The great career prospects means lots of competition, unfortunately. A Law degree is still vey good but it won't give you as good a preparation for finance as Economics, as there is a lack of quantitative analysis in Law. But it'd be better for a career as a lawyer.

Hope this helps,

Sen

Reply 16

ÁňûβİŚ

1

can somebody please define the top 15 univs? i saw QM's name as 12th best coll and 7th best for economics in guardian....dunno abt times...
can somebody plz say where the tier II ppl land up after their BSc.? and will it hold any good to have a UoL degree for applying to other top end univs for masters or MBA..?

also, is economics more respected or economics,finance and management more respected? (note: i see the codes of eco,fin & magmt from QM and econ & mgmt of Oxford same...LN12...appaling, it is)

Reply 17

DredgeReformist

2

Original post by Á&#328

can somebody please define the top 15 univs? i saw QM's name as 12th best coll and 7th best for economics in guardian....dunno abt times...
can somebody plz say where the tier II ppl land up after their BSc.? and will it hold any good to have a UoL degree for applying to other top end univs for masters or MBA..?

also, is economics more respected or economics,finance and management more respected? (note: i see the codes of eco,fin & magmt from QM and econ & mgmt of Oxford same...LN12...appaling, it is)

http://extras.timesonline.co.uk/gooduniversityguide2005/20economics.pdf

there's a good starting point for you.

Reply 18

max_e_muscle

2

N9ne

However I think it's quite important that if you have a degree in Economics, it be a BSc (or BA from Oxbridge) and from a top 10-15 university.

So will a BA economics degree from a top 10 uni not be good enough for a decent city finance job then? Do they (IB's etc) look down on BAs?

Reply 19

N9ne

7

ashley710

So will a BA economics degree from a top 10 uni not be good enough for a decent city finance job then? Do they (IB's etc) look down on BAs?

Investment Banking jobs normally require some mathematical ability and a BSc is generally quite indicative of that. A BA degree in Economics lacks a larger mathematical element which might not prepare students for investment banking as well as a BSc.

Are Economics degrees respected?

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