Which of these majors will help me get a job easily after college?

Question

*economics

*accounting

*finance (in which specific field of finance? : banking, financial management/investing, or personal financial management

Which one will result in a high income among the others?

Answer 1

It depends on what you consider a "high income".  Some people are happy to make 70k a year and take the risk that when the economy goes bad they will have a very small job market and may be out of work.  Others prefer to make a mid-range salary like 40k but know that their jobs will always be there.   My dad works in mortgage banking.  When the economy is really good then he has work from all the people buying houses, when the economy is bad he has work from the people who are getting foreclosures but not a ton of options since more people are fighting for the jobs.  However, he is pretty much limited to about 3 ares of the US and it took almost 18 years for him to start making some really good money.  I decided to become a teacher.  I'll never make a high income but I get good benefits and people will always have kids so I'll always have a good job available.

Finance will make pretty good money as long as the economy is good and you have a talent for it.  Accounting is more "recession proof" so your job market is more stable.  Anything involving investments is going to be VERY risky since liquid cash and extra spending (like a personal finance officer) are the first things to go when the economy takes a downward turn.  The only people I know with degrees in economics who have much of a job are the ones who teach it.  They make little to nothing.

Answer 2

All of them will help you get a job after college.  For all three, the quality of the school is more important than the specific field.  For example, an Economics degree from Duke will get you a better job than a Finance or Accounting degree from a SUNY school.  But a Finance Degree from Wharton, MIT or Berkeley will get you a better job than an economics degree from Seton Hall or St John's.

As for finance versus accounting, accounting will pay more in the short run, but finance will pay more in the long run.  Undergraduates do not generally specialize in banking versus financial management -- but would take courses in a number of areas of finance (add corporate finance to your list).