MBB associate with undergrad degree in economics. Loved the degree, though didn’t do much with it outside of class (spent summers on internships, didn’t write a thesis). If I want to do something related to economics, how can I best leverage my current background to do so? Would MS in Econ make more sense than an mba? Maybe MS in stats or data science? Does the MBB background help in any way?

like
Posting as :
works at
You are currently posting as works at

Grad school economics is quite different than undergrad, it’s basically just advanced math. If you were interested in generally using data to solve policy type problems, data science or mpp could make sense

like

I feel like what I’m trying to get at here is a combination of the two...I’d love to get deeper into the theory/math of Econ AND use that knowledge (plus my consulting knowledge) to solve policy type problems, but the idea of pursuing a PhD or teaching sounds a step too far (would take too long, I’d be poor, and my admissions credentials are weak). Sort of looking for a middle ground here.

Only John Galt knows...

like

So I think the main question is to ask yourself what you mean by “do something related to economics”

If you want to be in like economic theory, or policy research, or anything that’s more academic, you probably need a PhD. And like someone posted above, grad school level Econ is heavy, heavy math. Most programs won’t admit you with 3+ semesters of calculus and Linear Algebra at a minimum. So be aware of that.

If you wanted to go into like financial analysis or investments, it probably makes to get an MBA. Not saying that an MS in Econ isn’t useful, but the types of jobs in investment management or financial analysis don’t really need or value it as highly as they would an MBA.

Other than that the beauty of Economics is it’s an incredibly broad field of study. Having said that you probably should figure out more clearly what about it you enjoyed, and then try to understand the career fields that closely line up to that

I mean it’s certainly possible. Getting an MS in Econ will have similar admission standards as a PhD, so if you don’t think you have the math background it might not be a door that is open to you.

However, if you really want to get into the field and truly believe an advanced degree will help, you could try to get a different type of degree, such as an MS in Applied Econ (considerably less math based because it is less theory and more practical). Or even a PhD in a somewhat overlapping field such as government, political science, or even sociology. Those would definitely open more doors in terms of academic or think tank research careers.

Additionally, you could go work for the federal government. The requirements won’t necessarily require a PhD for the lower level researchers, and it would absolutely help you get into a think tank research gig later if you spent say 3 years working as an economic analyst for a government agency

Really confusing post. How is it you work at MBB and do not leverage your economics degree?

What exactly are you doing for MBB? Are you in IT?

Every growth or operations strategy requires a significant amount of micro and some macro.

In all seriousness, take any growth strategy and most of the questions are economics related.

1. What are the current market dynamics and how is the industry structure changing?
2. How is value created and distributed from customers (demand) to companies (supply)?
3. How are the supply chains structured and what role do they play in creating advantage?
4. How do companies participate competitively and create differentiation?
5. How do they maximize profitability? What internal changes can they make to improve service levels, cogs, sg&a?
6. Are there other macro or micro factors they should take into account?

All of these are pretty standard for every project. There are many more. Any project can have one or more of these or many more.

There are roles at payers that are always looking for Econ analysts. Take a good look at people’s jobs on LinkedIn and the roles that are currently available. I know UHG is currently looking for health Econ analysts. Not sure what creds they want people to have though.

Related Posts

Has anyone made the switch from tax to private client and if so what has your experience been?

like

Has anyone successfully pivoted from Project management to consulting? If so, what advice do you have and what industry did you pivot from/into?

like

I’ve been a data analyst for a little over a year for my current employer. I manage databases, input new information, solve issues utilizing root-cause analysis, and I maintain reports on a daily basis. The only thing I don’t do is work with coding such a SQL. I’m currently enrolled in Coursera Google Data Analytics Certification to learn more about SQL.
I want to get a job in data analytics that uses SQL. How do I show that I know SQL without having direct SQL related work experience?

like

What is a Level 9 role in Technology like?

like

Im applying for an associate role at a BB, I have ~3yrs experience at a boutique. Do I need to attach my undergrad transcript to the application? (No MBA)

like

What are the most common big4 consulting exit opps? I’m a consultant with almost 2 YOE

like

So what companies should I work for to be considered successful? MBB, FAANG, what else?

funnylike

Can anyone help me understand any exit opportunities I have with 4 years in compliance? I cannot do this anymore. This is insane.

like

Can anyone suggest skills or credible certification to do for joining as product manager in IT firms

like

Looking for a referral for Product Manager role in any reputed product based firm in Ggn or NCR?
Have pursued my MBA from Spjimr.

like

Hey everyone, What would you say is the difference between an account director and a senior account manager. I was just promoted as an account director when I quit my job and moved to the U.K and now having so much trouble finding a job as an AD. My last interview feedback was that they really liked me but felt like I was lacking new bizz skills and that the organic business growth opportunities I found and jumped on were “luck aka right place at the right” moment kinda thing?

like

Wondering for anyone who got their CFF (Ceritified Financial Forensics) designation. Was it difficult? How long does it take to study for using the review course? Is the exam mainly multiple choice or short answer and how difficult? Any guidance or tips would help please. I already have my CFE but just want to know if CFF is worth it

like

Hello fellow HR pros! I really need your opinions on HR certifications. I am deciding between PHR and SHRM-cp. I have read just about all there is online comparing the two and can not decide. My heart is telling me PHR, my mother in law (an HRBP) is telling me to go with SHRM, as it’s more widely recognized, more established and a larger network in general. I work for a 350~ company who is growing rapidly through M&A. Passions/interests are compliance, strategic vision, M&A, branding and culture

like

Best way to becoming an executive at a portfolio company for a PE fund? What is the most successful path from consulting? I.e go to fund ops as an associate then work your way up or stay at MBB till partner then try to hop over, etc.

like

Any good recommended books on how to build a scalable product and team? I'm looking for recommendations for two areas: 1) in general laying the groundwork in a startup to have the tools and especially processes in place to scale, and 2) tactical focus on building a SaaS project. I've been promoted into a management role from Dev roots, so need to learn more PM processes to be an effective manager in day job, plus would like to start building my own SaaS solution.

like

Re: exit opportunities - which is better? Big law, highly specialized or boutique corporate firm where I do everything but “specialize” in m&a, VC and capital markets?

like

Senior in UG looking to apply to a deferred MBA program. I go to a non-target University but have a 3.8+ GPA and strong extracurriculars. How much will my UG’s lack of prestige affect me?

Salesforce opportunities in the US for an APAC based Salesforce Architect with 15+ yoe.

I want to migrate to the US due to personal reasons and looking for opportunities at Salesforce, or a top tier partner. Preferably via an EB2 sponsorship - Is this even possible?

For context, I have 15 ish years of experience with a significant part of it being in the ANZ Salesforce ecosystem, I get headhunted regularly for Snr Manager level positions within APAC, and have both BIG4 and MBB exp.

like

Hi folks !
BCG is hiring for various consulting positions : SA1/SA2, Consultant, PL etc.
Please DM me if and only if you meet the following requirements :

1. You have an MBA degree from a top school (i.e. BCG comes to your campus for hiring SAs)
2. You have atleast 1 year of experience (in consulting preferably)

like

I’m in a bit of a unique situation where I’m deciding between MBB and MM private equity (both NYC, I have ~2.5 YOE).

Main considerations are money and WLB, especially weekends. I’d be curious to hear perspectives on WLB differences between the two either anecdotally or from people who have experienced both. Any help would be appreciated, thanks!

like

More Posts

Hey there! Has anyone tried to switch from Lever’s ATS? I’m wondering how they handled your data export.

likehelpful

Take a look at Lessontrader.com. An online marketplace for teachers to buy and sell resources. All of your hard earned work for virtual learning can be posted on lessontrader and make you some extra money! FREE membership with discount code “vipfree”. Once you upload a lesson there is nothing else needed. Just wait and collect once someone buys your stuff.

Post Photo
like
like

Anyone know what it's like at Lucky Generals NY office? I only know the work the London office is producing.

like

What chapters are more heavily tested for REG?

like

Hey everyone, What would you say is the difference between an account director and a senior account manager. I was just promoted as an account director when I quit my job and moved to the U.K and now having so much trouble finding a job as an AD. My last interview feedback was that they really liked me but felt like I was lacking new bizz skills and that the organic business growth opportunities I found and jumped on were “luck aka right place at the right” moment kinda thing?

like

Looking for 2bhk near Ascendas IT park Taramani, Chennai. We are 4 myself, spouse, 1 year old kid and my mother she is old. Safety is my priority as myself and spouse are working, only my mom and kid will be home after we leave to work. Please suggest some safe apartments in and around.

like

Anyone know of any Partnerships positions currently available?

I have a technical interview coming up with Accenture for a public sector consultant role. Does anyone have an tips/insights on how I can prepare/what I should be doing?
Transitioning from a research & policy background - thank you for your help!

like

Has anyone tried the J Crew Line or the factory line?

Ok friends, help me out here….I need to know what an RN makes in an Internal Med Clinic Setting that has a speciality of testing and treating STI’s including HIV.
AND what a Behavioral Health Intake Nurse makes.
Any insight would be much appreciated! TYIA!

like

Going for a chest press PB (87.5kg)
Give me some encouragement!

likeuplifting

Anyone have a digital content side gig? Any suggestions or guidance on starting in this area?

like

What is the salary structure in EXL?

like

I want to get real. I’m mentally exhausted. My heart is beating out of my chest with anxiety. I’m losing my passion for practically everything. Ladies how is it, day after day, we get a bit stronger and overcome? I think we all deserve a freaking applause at this point. T.G.I.F.

likeuplifting

What are some things you are struggling with as a Christian?

like

How much is too much to spend on producing a leave behind for a portfolio review? My attempts at standing out is getting expensive...

Apparently client forgot that as masc presenting as I am, I’m still a woman. Client introducing me to new Director: “And this is {name}, he owns {product} and will be {blah, blah}. We are very glad to

funny

I have been in the electrical / Electronics field with an exp of 6+ yrs. To be honest these fields do not pay as much as their IT counterparts. People in IT discuss on being underpaid at 20LPA whereas ours is not even half of that. I need to know now is that with 6+ years of industry exp. Can I switch my streams for a well paid job. If yes please do help me out. Even otherwise I am open to suggestions and advice.

likefunny

Hi, just wondering how much maternity leave Janssen and Merk offer? GSK will be offering 18 weeks starting in 2023, wondering how other companies in the area compare. Also curious if there is a minimum amount of time you need to work before the benefits kick in?

like

Additional Posts in Consulting

What are few qualities you like and hate about ur manager

like

Are these layoffs for real real? I just received an offer today. Should I not take it and stay at my current employer?

like

I’m so depressed, have been for years, and don’t see it getting better. I’ve tried everything from therapy, exercise, psychiatry, journaling, self help books, healthy diet, etc. what else is there?

like

First Accenture analyst here severely underpaid need to move ASAP for financial reasons. I want to switch firms but I have no real specialty any advice or tips?

like

Am I missing something with this corona virus? I saw a statistic the other day that for anyone between the ages of 10 - 60, the death rate is ~0.2%...so what is the big deal? I assume just media hype?

like

Learned that I’ll be laid off next week. Setting up networking meetings now to find something new, but know it will take time. How do you explain a lay off or gap in employment to potential employers?

like

Those who have undergone layoffs... Our fallen sisters and brothers... What are the plans now? Would be especially interested in hearing from those not planning to go to another consulting firm.

like

I seriously feel at my best if I get at least 8.5-9hrs of uninterrupted sleep. Can anyone else relate?

I just feel tired and depressed all the time on ~7hrs of sleep on a daily. Is consulting not for me?

like

To whoever is celebrating the Indian festival of colors ‘Holi’- wishing you all a very happy and colorful Holi. Sadly due to the virus threat people across the globe are afraid to celebrate this year.

Post Photo
likehelpful

How do I improve my sales skills? Any books or training?

like

Strangest thing that you’ve found left in the hotel room from the previous guest

like

Is there a bowl for trading stocks? Anyone here trades/invests?

like

Anyone get their mortgage through SoFi? Any feedback?

like

Entering PwC as a director after several years in industry. I have a strong technical background and looking for resources to bolster my sales skills. Any recommended books/podcasts/etc focused on sales in professional services?

like

Is PLN 22,000 per month salary is good to survive and save some money with family in Poland?

like

Just worked my ass off on a BD project while staffed full time on a project. MD didn't even invite me to the client meeting to show off the product. 😡

like

Is it safe to hide the fact that I was part of a group layoff and say instead that I chose to leave? Can recruiters find out the truth from my former employer and hurt my chances?

like

Any top MDs / business owners actively take on mentees? How would you generally respond to cold calls and cold emails for noobs just trying to pick your brain and learn stuff? Happy to respond and have at length back and forth? Not worth your time or not enough time? Other?

like

61% utilization as a first year associate. RIP

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal