Difference (1 Viewer)

[Imaginethat]

Hey,

What is the difference between a B. of Economics as opposed to a B. of Commerce?

Could anyone shed some light on whether one degree would offer more career prospects than the other or which is more enjoyable to do in general.

I'm thinkin of economics atm but it seems at USYD, in particular, that the Business School is quite appearing also for the commerce degree.

 

[AussieVesti]

Hey,

What is the difference between a B. of Economics as opposed to a B. of Commerce?

Could anyone shed some light on whether one degree would offer more career prospects than the other or which is more enjoyable to do in general.

I'm thinkin of economics atm but it seems at USYD, in particular, that the Business School is quite appearing also for the commerce degree.

Well what do you envisage yourself doing in 5-10 years? Economics is much more theory based and analytical while many of the Commerce majors are applicable to many different areas.

http://sydney.edu.au/handbooks/business_school/undergraduate/b_commerce/b_com.shtml
http://sydney.edu.au/handbooks/arts/coursework/b_economics.shtml

 

[Imaginethat]

yeah, I'm pretty much interested in some sort of accounting/finance job - keen to go overseas somewhere in my degree

just looking at the usyd website - usyd's new business school looks more specialised... hmmm... what do you think?

 

[OzKo]

yeah, I'm pretty much interested in some sort of accounting/finance job - keen to go overseas somewhere in my degree

just looking at the usyd website - usyd's new business school looks more specialised... hmmm... what do you think?

Considering this, I would recommend you do a Commerce degree. In first year Commerce, you also do ECON1001 and ECON1002 thus you get a taste of university economics as well. Maybe double major in Economics and something else like Accounting or Finance?

 

[Imaginethat]

Considering this, I would recommend you do a Commerce degree. In first year Commerce, you also do ECON1001 and ECON1002 thus you get a taste of university economics as well. Maybe double major in Economics and something else like Accounting or Finance?

hey, thx for the input in general, is there much difference in completing a major in economics through the Bach of Commerce and doing the Bach of Economics itself? I'm hoping to triple major as you suggested including some sort of scientific area (may do combined commerce/science). Unfortunately, theres no combined Bach of Eco/Bach of Science...

 

[OzKo]

In all honesty, I really can't see much of a difference in terms of content considering the flexibility afforded to students of both degree programs.

From what I can gather (I may be wrong), B. Eco students must complete an Economics related major (either Economics, Econometrics or Financial Economics) while B. Comm students have a greater choice of majors to pick from.

 

[qwerty44]

I would think that b. economics would be more specialized but commerce would give you an insight into other areas before specializing.

 

[OzKo]

Considering this, I would recommend you do a Commerce degree. In first year Commerce, you also do ECON1001 and ECON1002 thus you get a taste of university economics as well. Maybe double major in Economics and something else like Accounting or Finance?

I just had a look at the Business School handbook, and it seems I was incorrect about the junior economics units being compulsory. Either they have changed the degree structure or I have been living a lie for the past few years.

Anyway, you seem to set on completing an Economics major regardless of which degree you do, so the following link outlines what is necessary to be awarded at the end of your program.

http://sydney.edu.au/handbooks/arts/subject_areas/economics.shtml

If you want a better opinion, head over to the Info Day we're holding on the 4th January.

 

[Imaginethat]

definitely man, looks like info day will be packed as usual

just another thing; I'm looking to keep my options open so would a major in economics within Bach of Commerce be sufficient to work for an organisation like the RBA? (e.g. economic analysis/data tracking). My aim is to triple major - with maybe 2 majors related to accounting/finance and the other in economics... but I'm not sure whether a single major in economics could cover me for economics-type jobs

 

[OzKo]

definitely man, looks like info day will be packed as usual

just another thing; I'm looking to keep my options open so would a major in economics within Bach of Commerce be sufficient to work for an organisation like the RBA? (e.g. economic analysis/data tracking). My aim is to triple major - with maybe 2 majors related to accounting/finance and the other in economics... but I'm not sure whether a single major in economics could cover me for economics-type jobs

I'm sure a major in Economics would suffice if you wanted to apply for an RBA position. When I went to the Info Day for my degree two years ago, we were told that one of the people who had graduated from my degree (Resource Economics) got a position in the RBA straight away and was set to make $70K+. I'm not sure if they double majored in Resource Economics & Economics but from what I can gather, it is possible.

In regards to the triple major, it is best to talk with the people hosting the mini-lecture for B. Comm degrees. It seems triple majoring is possible after reading the handbook, I am not 100% sure. But of course, diversifying and picking up a couple more majors will be attractive proposition.

Also don't rule out the Honours stream for Economics. This adds an additional year to your degree as you complete additional honours units and a 15 000 word thesis. Here's a link which further details that program:

http://sydney.edu.au/arts/economics/undergrad/honours.shtml

 

[Imaginethat]

I'm sure a major in Economics would suffice if you wanted to apply for an RBA position. When I went to the Info Day for my degree two years ago, we were told that one of the people who had graduated from my degree (Resource Economics) got a position in the RBA straight away and was set to make $70K+. I'm not sure if they double majored in Resource Economics & Economics but from what I can gather, it is possible.

In regards to the triple major, it is best to talk with the people hosting the mini-lecture for B. Comm degrees. It seems triple majoring is possible after reading the handbook, I am not 100% sure. But of course, diversifying and picking up a couple more majors will be attractive proposition.

Also don't rule out the Honours stream for Economics. This adds an additional year to your degree as you complete additional honours units and a 15 000 word thesis. Here's a link which further details that program:

http://sydney.edu.au/arts/economics/undergrad/honours.shtml

k, because I'm worried that a straight degree title with 'economics' in it is usually required for economics-related jobs like the RBA

in relations to the triple major, how can it be possible if theres a CP limit?

 

[OzKo]

k, because I'm worried that a straight degree title with 'economics' in it is usually required for economics-related jobs like the RBA

in relations to the triple major, how can it be possible if theres a CP limit?

Employers don't look at the title of a degree and base their decisions on that. If you specify you have completed an Economics major, it is equivalent.

In regards to the triple major, I would ask the degree coordinator. I could always check the CP requirement but with a combined degree it gets a bit messy and I don't want to give you the wrong advice.