From the very beginning of their child's career, parents begin to plan which major should be more promising for their child from kindergarten, primary and secondary school, and university, whether it is economics or financeThinking that their children will be rich in life and spirit in the future, the so-called love of parents is far-reaching.
Economics and finance are both very promising subject areas with a wide range of applications and employment prospects. The choice of major should be decided according to the child's own interests and career planning.
1. Economics is a discipline that studies economic phenomena, economic systems, and economic policies, with a wide range of applications and employment prospects. Economics graduates can be employed in a variety of fields, including non-profit organizations, enterprises, and academic institutions, and the corresponding job positions include but are not limited to:
1.Institutions: Institutions need a large number of economics professionals to conduct policy research, formulation and implementation. For example, the finance department, the tax department, the commerce department, etc.
2.Financial institutions: financial institutions such as banks, ** companies, insurance companies, etc., need economic professionals to carry out investment research, risk management, etc.
3.Enterprise: Graduates majoring in economics in enterprises can work in finance, marketing, procurement, etc., and can also use their knowledge in strategic planning and management of enterprises.
4.Academic institutions: Economics graduates also have the option to further their studies, pursue a PhD, and pursue a career in teaching and researching economics in academic institutions.
5.Nonprofits: Some nonprofits also need economics professionals to evaluate projects, fundraise, and more.
2. Finance is a discipline that studies the operation of financial markets and financial institutions, investment management, corporate finance and financial instruments, etc., and has a wide range of employment prospects. Finance graduates can work in financial institutions such as banks, ** companies, insurance companies, ** companies, etc., as well as the finance and investment departments of enterprises, and the corresponding job positions include but are not limited to:
1.Investment Advisors: Provide clients with professional investment advice and strategies to help them make investment decisions and asset allocation.
2.Financial Analyst: Analyze the performance of the financial market and various investment instruments,** market trends, and provide investors with professional analysis and advice.
3.Risk Manager: Responsible for assessing and managing the market, credit and operational risks of financial institutions and enterprises to ensure the safety and stability of their business.
4.Financial Product Manager: Responsible for designing and promoting financial products, maintaining communication and coordination with customers and sales teams to ensure market share and satisfaction of products.
5.Financial advisors: Advise clients on financial planning and wealth management to help them achieve their financial goals.
6.Insurance Brokers: Consulting and sales services for various insurance products for clients, as well as providing employee benefit plans and risk management solutions for businesses.
7.Broker: Responsible for trading and sales, maintaining a good relationship with customers, understanding customer needs and providing professional investment advice.
8.Loan Officer: Responsible for assessing the credit risk of customers and providing loans and financing services to customers.
9.Financial Analyst: Analyzes the company's financial health and performance, provides financial** and advice, and supports the company's strategic decisions.
10.Investment Banker: Provide financial services such as financing, mergers and acquisitions and IPOs to help enterprises achieve their strategic development goals.
Therefore, the choice of economics or finance should be decided according to the child's own interests and career plans when they grow up. If the child is interested in aspects such as the operation of the entire economic system and economic policy, then economics may be more suitable;If the child is more interested in aspects such as investment and financial markets, then choosing finance may be more suitable. When choosing a major, also consider your child's own foundation in mathematics and statistics, as these two disciplines are important foundations in economics and finance.