Programs What Do You Think? Stats vs Econometrics

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The discussion centers on the value of a solid grounding in statistics versus knowledge of econometric applications in relation to job prospects. It emphasizes that the term "useful" is subjective and context-dependent. For career opportunities, a strong background in mathematics, particularly in statistics, probability theory, and optimization, is recommended. Pursuing a BA or BS in Math followed by an MS or PhD in Economics is suggested as a beneficial path. Additionally, proficiency in programming and software tools like SAS and R, along with practical project experience, is highlighted as crucial for enhancing job prospects, especially when combined with database skills.
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Well what are your opinions? Would not having a solid grounding in statistics be more useful than a solid knowledge of the applications of econometrics?
 
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"useful" is meaningless. Useful for what?
 


I mean for job prospects which skill set would be more useful?
 


Do the following BA or BS in Math and take a lot of stat classes and probability theory. Also optimization. After do a MS or PhD in Economics.
 


For jobs they will be very interested in what software/programming skills you have (SAS ,R etc), projects you have worked on. Which ever courses let you become more comfortable with computing will be better job wise. Especially if you can link the skill with some database stuff.
 
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