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Finance vs Engineering: Which major should I choose?

I'm a junior and I've been thinking a lot about what I want to study in college. It's been really tough choosing between finance and engineering, since I have a strong interest in both. What factors should I consider when deciding between these two majors? I'd love any advice you guys can provide!

6 months ago

It's completely normal to grapple with major choices, especially when you have strong interests in multiple areas. Here are some factors to consider when deciding between finance and engineering:

1. Career Paths: Explore potential career paths in both fields, including job titles, industries, projected growth, and entry-level requirements. This information can give you a better sense of which major aligns with your long-term goals. Finance might lead to careers in investment banking, financial planning, or portfolio management, while engineering could lead to designing, testing, or developing products in aerospace, civil, or environmental engineering.

2. Coursework: Compare the required and elective courses in both majors at colleges you're considering. Look at the topics you'll be studying and overall curriculum. See which excites you more and aligns with your skills and interests.

3. Hands-on experience: Consider the internships, co-ops, and research opportunities available to each major. Knowing what kind of practical experiences are offered can help you evaluate each field and determine which aligns better with your personal goals.

4. Post-graduate opportunities: Investigate the graduate school options and other continuing education opportunities that may be available to finance and engineering majors. For example, engineers might pursue a Master of Science, while finance majors could consider an MBA.

5. Earning potential: Research the average salaries for professions in both fields. While money shouldn't be the only deciding factor, it's worth considering which major has the potential to provide a more stable financial future.

6. Flexibility: Consider how easy it would be to switch between finance and engineering careers if you change your mind later. Engineering majors can often find roles in finance, especially with additional coursework or certifications. On the other hand, it can be more challenging for finance majors to enter engineering roles without significant additional education.

7. Personal passion: Lastly, reflect on which subject matter truly excites you and where your passions lie. You'll be dedicating four years to this field, so make sure it's something you genuinely enjoy.

Speak with people who work in both fields and visit some colleges to get a feel for what each major is like. Ultimately, the decision should come down to which field aligns best with your personal interests, skills, and goals.

6 months ago

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