Economics or Applied Math major with better job propsects?

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SUMMARY

The discussion centers on the job prospects of an Applied Math major versus an Economics major. An Applied Math major with secondary skills in programming, statistics, or decision theory is likely to be more employable than an Economics major. Both degrees typically require a master's for entry-level positions, but there are more bachelor's degree opportunities available for economists, particularly in federal government roles. Ultimately, advancing in either field necessitates obtaining a master's degree.

PREREQUISITES
  • Understanding of Applied Mathematics concepts
  • Familiarity with Economics principles
  • Knowledge of programming languages relevant to data analysis
  • Awareness of statistical methods and decision theory
NEXT STEPS
  • Research programming languages beneficial for Applied Math, such as Python or R
  • Explore advanced statistics techniques applicable in both fields
  • Investigate master's programs in Applied Mathematics and Economics
  • Learn about job roles and requirements in federal government positions for economists
USEFUL FOR

Students considering a major in Applied Mathematics or Economics, career advisors, and professionals evaluating job market trends in quantitative fields.

annoyinggirl
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I'm debating between applied math and economics major. Which has better job prospects?
 
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Depends. If you're an applied math major with secondary skill such as demonstrated competency in programming, statistics, decision theory, or even economics, then you will probably be more employable than economics. However, if you simply go through a math program take one programming class and that's it, you'll have to do the hard work of selling your worth to someone.

While both degrees tend to require a masters for entry level jobs, you'll find more b.s. jobs for economist, at least in the federal government. However, I think if you plan to stay competitive in your field, eventually you'll need to get a masters to advance to a meaningful position.
 
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