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Economics Or Engineering?? Please Kindly Advice. - Education (2) - Nairaland

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Re: Economics Or Engineering?? Please Kindly Advice. by Babayoutoomuch(f): 2:09pm On Jul 07, 2018
Colourich:
I don't know why people think Economics is an easy course, having done it in the university, I will advise him to choose Engineering if he is good in calculation, not like economics doesn't have calculation but it is more of graphs and as a science student, he might get frustrated in the process of studying Economics.

Hmmmm!! Thank you. Lord Pls lead us aright.
Re: Economics Or Engineering?? Please Kindly Advice. by BrightForYou(m): 2:11pm On Jul 07, 2018
[quote author=baum1 post=69164678][/quote]

cheesy Thanks a million times sir.
Re: Economics Or Engineering?? Please Kindly Advice. by BrightForYou(m): 2:15pm On Jul 07, 2018
baum1:


Did you read the part where my post stated that this "This forum is anonymous, so no one will put a face to your results''?

Anyway, I already suspected your above results. I've lots of experience dealing with young people like you and I was once young too smiley. But I won't put you aside. I've seen instances where C students went on the university, worked crazily hard and made an impressive first class, not just oriyomi first class. Perhaps the C was because they attended a secondary school which did not give them a chance to realize their full potentials.

You can send me an email and we will start the mentor/mentee relationship and I will do my best to answer all of your questions. I believe it will be a beneficial relationship. But - I set academic targets for my mentees, every semester, and the targets must be achieved. The target is a GPA of between 4.8-5.00 every semester at the university. You also get gifts for attaining this GPA. Current gift is 55K naira per month. We run a company that funds the provision of the gift.

Any mentee that gives stories of ''oh, this course is hard or our professor does not give an A, that's why I can't meet the target, such mentee may lose their positions. We have over 30 mentors around the world. Very solid solid people with the highest possible degree that is obtainable at the university level. So to work with you, you go good oooh. You go work hard for your academics oooh. But the benefits are good!

In fact, if your GPA nears the perfect 5.0 upon graduation (i.e. A's in 98% of your courses), we provide support to attend the very best universities in the world - think Harvard, Oxford, Princeton, MIT, Cambridge, etc.

Send me an email and I will ask you more detailed, uncomfortable questions grin. But overall, you have a lot to gain, and it's even better that you're just starting your university journey..You don't have any bad university baggage. It will all be in your favour.

Thanks sir. Straight to your email.
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 2:15pm On Jul 07, 2018
BrightForYou:


cheesy Thanks a million times sir.

Good luck. Send an email.
Re: Economics Or Engineering?? Please Kindly Advice. by Babayoutoomuch(f): 2:21pm On Jul 07, 2018
baum1:


Did you read the part where my post stated that this "This forum is anonymous, so no one will put a face to your results''?

Anyway, I already suspected your above results. I've lots of experience dealing with young people like you and I was once young too smiley. But I won't put you aside. I've seen instances where C students went on the university, worked crazily hard and made an impressive first class, not just oriyomi first class. Perhaps the C was because they attended a secondary school which did not give them a chance to realize their full potentials.

You can send me an email and we will start the mentor/mentee relationship and I will do my best to answer all of your questions. I believe it will be a beneficial relationship. But - I set academic targets for my mentees, every semester, and the targets must be achieved. The target is a GPA of between 4.8-5.00 every semester at the university. You also get gifts for attaining this GPA. Current gift is 55K naira per month. We run a company that funds the provision of the gift.

Any mentee that gives stories of ''oh, this course is hard or our professor does not give an A, that's why I can't meet the target, such mentee may lose their positions. We have over 30 mentors around the world. Very solid solid people with the highest possible degree that is obtainable at the university level. So to work with you, you go good oooh. You go work hard for your academics oooh. But the benefits are good!

In fact, if your GPA nears the perfect 5.0 upon graduation (i.e. A's in 98% of your courses), we provide support to attend the very best universities in the world - think Harvard, Oxford, Princeton, MIT, Cambridge, etc.

Send me an email and I will ask you more detailed, uncomfortable questions grin. But overall, you have a lot to gain, and it's even better that you're just starting your university journey..You don't have any bad university baggage. It will all be in your favour.

Pls I still can't get ur email. I've gone tru ur profile no email. How do I get ur email so that we could talk further on my son. Thk you.
Re: Economics Or Engineering?? Please Kindly Advice. by BrightForYou(m): 2:51pm On Jul 07, 2018
baum1:


Good luck. Send an email.

Email sent.
Re: Economics Or Engineering?? Please Kindly Advice. by InansBobo(m): 9:59pm On Jul 07, 2018
baum1:


Hello Madam,

Congrats!. See result and you're saying the father is scared of something? I don't agree. Your boy seems to be solid at maths and his result is good as you said! Plus further maths, that's great.

If he likes math or statistics, let him study Math or Statistics at the university. Once he gets a first class at the university, sky is the limit. Then he can go for economics later at very big schools and make big money in the future, lol. Mathematics or statistics gives a solid foundation.

I'm serious, I can mentor your son. He seems bright to me, provided he did the exam himself.

Please ask your boy to send me an email - smiley. I will mentor him, and he will be great, God willing!

NB - forget engineering (not because he doesn't have the ability to do it), unless your boy is really keen on doing it. If what you people seek is for him to succeed in the future through education, and irrespective of the course, then there are faster ways to achieve this.
Can you mentor me? I'm in 100level already, though Engineering (seems you don't like the course though). But I'd love it if you'd do because I have great plans for the future
Re: Economics Or Engineering?? Please Kindly Advice. by Nobody: 10:30pm On Jul 07, 2018
baum1:


Lol. Does anyone say economics is easy?

My best students in economics have mathematics/science backgrounds. The best economists came from mathematics/statistics/physics and sometimes engineering.

Anyone might feel frustrated with economics, not only science students...But empirically, the best economists were scientist. I will give examples to support my position if you push the discussion. For now, let me rest the case.

Sorry to anyone who did economics at BSc, but my general advise is never to study only economics at BSc if someone wants to become a full economist (PhD economics) in the future. A BSc in economics alone does not give the required foundation. I know. However, things like economics AND statistics/mathematics, mathematics/statistics, physics and even engineering are a better foundation for studying economics at a higher level.

And by the way, having seen most (not all sha) economics at all levels, I'd like to let you know that economics is not more of graphs. The graphs are required to build intuition, and I appreciate that in our profession, but those graphs are driven by mathematical theories which some rigorous economics programmes teach. I understand that not all economics programmes are rigorous, but that does not mean that economics is more of graph when taught or studied.

Meanwhile, do you work with your economics degree?
I mustn't really work with my economics degree given to the fact that I am an educationist cum economist, I might decide out of my own free will to venture into educational line or work as an economist which I will choose when the time is right, for now am not ready to work under someone.

I will keep saying it, economics is more of graphs.
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 12:46am On Jul 08, 2018
InansBobo:
Can you mentor me? I'm in 100level already, though Engineering (seems you don't like the course though). But I'd love it if you'd do because I have great plans for the future

I had actually exited this thread..But your post got me thinking. I do not hate engineering, loooool. I was only money conscious when I was a small teenage boy and figured out I could make serious money from studying other courses and using my science IQ in a non-science field. lol. It worked out eventually..When I was younger, my utility was an increasing function of money. And since education was the only way through which I could make it, I decided to do something more unconventional. I didn't want to move with gbogboero.

Abi tell me why I should have spent 5 years+ studying an undergraduate course when I could study for 4 years, make some moves here and there and start getting good money, lol. See, omo oba, study your engineering and do well there. If this will make you happy, I've a cousin and friends' brothers/friends who are engineers and earn 24-30million per year from those oil companies in Nigeria...But how many engineers will enter there?

I figured I could get some level of success by taking a different route, and it paid off..To each his own sha. Read your engineering and make sure your CGPA is not less than 4.5. The closer to 5.0, the better. You will get opportunities.

For mentoring, look for a successful person who studied engineering to mentor you. I unfortunately don't have any value to offer you. But you can come back to me when you have gotten the top grades. Then I can help you. This is my hobby.
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 12:53am On Jul 08, 2018
Babayoutoomuch:


Pls I still can't get ur email. I've gone tru ur profile no email. How do I get ur email so that we could talk further on my son. Thk you.
Re: Economics Or Engineering?? Please Kindly Advice. by InansBobo(m): 2:23am On Jul 08, 2018
baum1:


I had actually exited this thread..But your post got me thinking. I do not hate engineering, loooool. I was only money conscious when I was a small teenage boy and figured out I could make serious money from studying other courses and using my science IQ in a non-science field. lol. It worked out eventually..When I was younger, my utility was an increasing function of money. And since education was the only way through which I could make it, I decided to do something more unconventional. I didn't want to move with gbogboero.

Abi tell me why I should have spent 5 years+ studying an undergraduate course when I could study for 4 years, make some moves here and there and start getting good money, lol. See, omo oba, study your engineering and do well there. If this will make you happy, I've a cousin and friends' brothers/friends who are engineers and earn 24-30million per year from those oil companies in Nigeria...But how many engineers will enter there?

I figured I could get some level of success by taking a different route, and it paid off..To each his own sha. Read your engineering and make sure your CGPA is not less than 4.5. The closer to 5.0, the better. You will get opportunities.

For mentoring, look for a successful person who studied engineering to mentor you. I unfortunately don't have any value to offer you. But you can come back to me when you have gotten the top grades. Then I can help you. This is my hobby.

Ok sir, I appreciate your reply.
Re: Economics Or Engineering?? Please Kindly Advice. by Gerrard59(m): 7:17am On Jul 08, 2018
baum1:


Good luck. Send an email.

Hello,

Are you behind The Bridge Initiative program?

That said, I love your work on mentoring students. I did same during my days in the university and even where I work is based on the passion I had for students to progress academically. Just that sometimes, the Nigerian situation can make one discouraged to make awesome grades. I'll mail you in the coming weeks regarding the support system (I got a lots of friends with superb grades even more than mine). Does the system also support admission into top Asian universities (Tokyo Tech, NUS, University of Tokyo, Osaka University etc)? As odd as it might sound, I'm not interested in western universities.

Regards.
Re: Economics Or Engineering?? Please Kindly Advice. by Nobody: 7:22am On Jul 08, 2018
Babayoutoomuch:
I just checked my son's waec result today it was good. I'm very happy and I thank God. He initially wanted to read engineering which made him to go to science class. But the father is scared of him coming out with not too good a grade if he should study engineering, hence the father, suggested Economics for him to study, now my boy too is embracing the idea of reading Economics. Please what do you advice, my boy passed all his sciences. It's really a tough decision for me.
Economics is ruled out madam. The reason is because your son didn't take commerce and government.
Re: Economics Or Engineering?? Please Kindly Advice. by Dawudski(m): 10:21am On Jul 08, 2018
Babayoutoomuch:
I just checked my son's waec result today it was good. I'm very happy and I thank God. He initially wanted to read engineering which made him to go to science class. But the father is scared of him coming out with not too good a grade if he should study engineering, hence the father, suggested Economics for him to study, now my boy too is embracing the idea of reading Economics. Please what do you advice, my boy passed all his sciences. It's really a tough decision for me.
Having just finished my BSc Economics Degree last year with first class result from one of Nigeria's prestigious universities, I � think I need to air my view on this very Important and contentious issue.
Firstly, I concur with the people here on this forum who says that the boy should be allow to choose between the two for himself if he can. Questions like, do you enjoy working with machines, electricity, buildings, chemicals etc?? does he like to be called an engineer or an economist?? Does he like wearing helmet or does he enjoys the corporate lifestyle such as working in banks, insurance Companies or even going through the entrepreneural way?? Check this out as hints.
Secondly, Economics is not an easy course as some people portray it to be on this forum. It involves an extensive usage of further maths coupled with lots of graphical expressions. Anyway, I believe your boy is upto the task.
Personally, as lots you might have guessed I favour economics than engineering especially in this present Nigeria context.
Hope this helps...
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 1:07pm On Jul 08, 2018
Gerrard59:


Hello,

Are you behind The Bridge Initiative program?

That said, I love your work on mentoring students. I did same during my days in the university and even where I work is based on the passion I had for students to progress academically. Just that sometimes, the Nigerian situation can make one discouraged to make awesome grades. I'll mail you in the coming weeks regarding the support system (I got a lots of friends with superb grades even more than mine). Does the system also support admission into top Asian universities (Tokyo Tech, NUS, University of Tokyo, Osaka University etc)? As odd as it might sound, I'm not interested in western universities.

Regards.

Chief, thanks.

No, we are not..Though we run our own scholarship scheme for studying in Nigeria (BSc level or less) and there are very strict requirements for granting the scholarship. Also, our support system for graduate studies is really expensive, it's not free. But once in a while I just come on nairaland to see one or two people I can assist, but they can't be too many, otherwise business go begin fall and other mentors may begin vex. We don't want to lose such very high quality mentors.

Sorry, we don't have solid insights into Asia (our experience is limited to EU/UK/USA), though I must say that we have two people from NUS - one was an assistant professor there (but got her degree from Columbia) and later left to join a team of quantitative risk professionals who support some portfolio managers based in the US and elsewhere; the other one completed a PhD in statistics and left Singapore...In general, my personal knowledge of Singapore or Asian top schools is unfortunately limited, so I can't offer much. But I understand the Asian schools are really rising in ranking and are even attracting some solid researchers from the US. That's a good thing.
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 1:35pm On Jul 08, 2018
asuustrike2009:

Economics is ruled out madam. The reason is because your son didn't take commerce and government.

I keep responding and responding. Me sef.

Ok, so they still have this requirement? In my view, the appropriate requirements to enter economics at BSc level should be Math/Econs/English and any other subjects. I'm not especially sure why they mandate subjects like commerce/government etc. In this regard, I want to believe the private schools should be wiser and more flexible, though I'm not sure.

That said, he may not be able to enter BSc economics as you've said, because of the funny requirements. However, if the boy decides it is economics he wants to do, he can easily become one. How? Simply study a quantitative BSc (and perhaps take elective courses in the micro and macro sequence), then do a master's in economics (if he does very, very well in the quantitative BSc, he will get full scholarship for master's in economics) and then do a PhD in economics if he is a very ambitious boy (which I think he is by looking at his WAEC and JAMB). He can achieve all these at age 28, max. i.e. he is 17 now, BSc 4 years, NYSC 1 year, Master's 1 year, PhD 5 years max, 17+4+1+1+5=28.. Then he will have most of the skills he needs to function as an economist at any level. This is assuming he really wants to become an economist. My point is that it is ''very, very possible''.

Meanwhile, top economics programmmes abroad, the kind that the madam OP would wish her son to attend at some point even if it's not for BSc because of the cost, are keen to admit and fully fund bright students with quantitative degrees who are interested in economics. This does not mean that BSc economics people won't get favour..It just means that economics at the higher level can be very quantitative. And in good programmes in the US/UK, it can even be seriously more quantitative and very tough. That's why the best preparation for higher study in economics, in my view, is to have a BSc in economics and a quantitative subject - the so called double honours.

Regarding job opportunities for full economists, lol, it's among the best in the world. If you find yourself at a global bank working as an economist or some other related areas, the career can be financially rewarding..I don't know of other rewards sha. Some people might hate their jobs.
Re: Economics Or Engineering?? Please Kindly Advice. by Nobody: 2:39pm On Jul 08, 2018
baum1:


I keep responding and responding. Me sef.

Ok, so they still have this requirement? In my view, the appropriate requirements to enter economics at BSc level should be Math/Econs/English and any other subjects. I'm not especially sure why they mandate subjects like commerce/government etc. In this regard, I want to believe the private schools should be wiser and more flexible, though I'm not sure.

That said, he may not be able to enter BSc economics as you've said, because of the funny requirements. However, if the boy decides it is economics he wants to do, he can easily become one. How? Simply study a quantitative BSc (and perhaps take elective courses in the micro and macro sequence), then do a master's in economics (if he does very, very well in the quantitative BSc, he will get full scholarship for master's in economics) and then do a PhD in economics if he is a very ambitious boy (which I think he is by looking at his WAEC and JAMB). He can achieve all these at age 28, max. i.e. he is 17 now, BSc 4 years, NYSC 1 year, Master's 1 year, PhD 5 years max, 17+4+1+1+5=28.. Then he will have most of the skills he needs to function as an economist at any level. This is assuming he really wants to become an economist. My point is that it is ''very, very possible''.

Meanwhile, top economics programmmes abroad, the kind that the madam OP would wish her son to attend at some point even if it's not for BSc because of the cost, are keen to admit and fully fund bright students with quantitative degrees who are interested in economics. This does not mean that BSc economics people won't get favour..It just means that economics at the higher level can be very quantitative. And in good programmes in the US/UK, it can even be seriously more quantitative and very tough. That's why the best preparation for higher study in economics, in my view, is to have a BSc in economics and a quantitative subject - the so called double honours.

Regarding job opportunities for full economists, lol, it's among the best in the world. If you find yourself at a global bank working as an economist or some other related areas, the career can be financially rewarding..I don't know of other rewards sha. Some people might hate their jobs.
Even at pdg or masters level, most schools in Nigeria will not accept him, schools like university of Benin are strict on that. Probably he can school abroad to have knowledge of Economics if they would accept such result. Yes the many schools require government because it is offered at first year( introduction to political science as some schools call it). Commerce is needed because of a course called introduction to business.
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 3:20pm On Jul 08, 2018
asuustrike2009:

Even at pdg or masters level, most schools in Nigeria will not accept him, schools like university of Benin are strict on that. Probably he can school abroad to have knowledge of Economics if they would accept such result. Yes the many schools require government because it is offered at first year( introduction to political science as some schools call it). Commerce is needed because of a course called introduction to business.

Chief, in case you didn't know (although I did my best to be explicit but sorry if I failed), I was never referring to a Nigerian university for graduate studies. Some of our requirements are out of touch with current reality.

My advise to anybody has always been ''blast BSc with top grades and leave Nigeria for top schools abroad with full scholarships''. As this place is anonymous, let me boast that we have supported 5 or 6 people here on Nairaland to achieve this....With a BSc in math or statistics, some of them have gone on to do graduate studies in economics at very good European universities without having taken prior courses in economics. These people are fully funded,so it's not a case of ''dem want your money that's why dem dey take you''. It's more of the fact that these people see value in these non economic disciplines and are ready to fund it. In fact, one from another place just got a PhD position in economics in north america. His BSc was in a quantitative field in the physical sciences. All fully funded. Another top 20 UK school, BSc from a quantitative area of the physical sciences.

The schools accepting these people are obviously not inferior to naija schools. The sad fact is that anyone from any field can become professionals in business/social science areas if they are interested. In fact, I know of someone - BSc Computer Science, MSc Computer Science, PhD Psychology,loool. I'm sure this will never happen in Nigeria.

The strategy I articulated earlier still works till tomorrow. You don't need economics BSc to become an economist, and this strategy is not directed at those hoping to do graduate studies in Nigeria. I completely agree with you that in Nigeria, it may be impossible to do graduate studies in economics without a BSc in economics. Just looooool. I was curious some years ago and went to one of the schools in Nigeria and told them I wanted to do a PhD in Finance..Oh, they said ''you're not qualified because your foundation is not business or finance, so you can't do PhD finance''. Looooooooool. I thought they had upgraded, but realized they still had that practice from that response they gave. Amazing.

All my long posts are to educate anyone who wishes to listen to current reality and take advantage of available opportunities. I realize many people are unaware of things and I think having seen many things in education and professional work, it will be unfortunate if I don't drop some of my insights once in a while as I'm doing..

1 Like

Re: Economics Or Engineering?? Please Kindly Advice. by Nobody: 4:11pm On Jul 08, 2018
baum1:


Chief, in case you didn't know (although I did my best to be explicit but sorry if I failed), I was never referring to a Nigerian university for graduate studies. Some of our requirements are out of touch with current reality.

My advise to anybody has always been ''blast BSc with top grades and leave Nigeria for top schools abroad with full scholarships''. As this place is anonymous, let me boast that we have supported 5 or 6 people here on Nairaland to achieve this....With a BSc in math or statistics, some of them have gone on to do graduate studies in economics at very good European universities without having taken prior courses in economics. These people are fully funded,so it's not a case of ''dem want your money that's why dem dey take you''. It's more of the fact that these people see value in these non economic disciplines and are ready to fund it. In fact, one from another place just got a PhD position in economics in north america. His BSc was in a quantitative field in the physical sciences. All fully funded. Another top 20 UK school, BSc from a quantitative area of the physical sciences.

The schools accepting these people are obviously not inferior to naija schools. The sad fact is that anyone from any field can become professionals in business/social science areas if they are interested. In fact, I know of someone - BSc Computer Science, MSc Computer Science, PhD Psychology,loool. I'm sure this will never happen in Nigeria.

The strategy I articulated earlier still works till tomorrow. You don't need economics BSc to become an economist, and this strategy is not directed at those hoping to do graduate studies in Nigeria. I completely agree with you that in Nigeria, it may be impossible to do graduate studies in economics without a BSc in economics. Just looooool. I was curious some years ago and went to one of the schools in Nigeria and told them I wanted to do a PhD in Finance..Oh, they said ''you're not qualified because your foundation is not business or finance, so you can't do PhD finance''. Looooooooool. I thought they had upgraded, but realized they still had that practice from that response they gave. Amazing.

All my long posts are to educate anyone who wishes to listen to current reality and take advantage of available opportunities. I realize many people are unaware of things and I think having seen many things in education and professional work, it will be unfortunate if I don't drop some of my insights once in a while as I'm doing..



Yes that practice still exist and would continue for a long time(@ bold part). The foundation is the key that is why many universities are strict on that. You did mentioned sponsoring students with degree in mathematics to study economics but you forgot that economist are made to be grounded in some basic aspect of mathematics. Let's tell ourselves the truth, would a university accept someone that doesn't have the basics of science into medicine and surgery?. The answer is left for you to answer. Even in most schools abroad, you ought to have the foundation of science before entering medicine
Re: Economics Or Engineering?? Please Kindly Advice. by Babayoutoomuch(f): 4:45pm On Jul 08, 2018
Dawudski:

Having just finished my BSc Economics Degree last year with first class result from one of Nigeria's prestigious universities, I � think I need to air my view on this very Important and contentious issue.
Firstly, I concur with the people here on this forum who says that the boy should be allow to choose between the two for himself if he can. Questions like, do you enjoy working with machines, electricity, buildings, chemicals etc?? does he like to be called an engineer or an economist?? Does he like wearing helmet or does he enjoys the corporate lifestyle such as working in banks, insurance Companies or even going through the entrepreneural way?? Check this out as hints.
Secondly, Economics is not an easy course as some people portray it to be on this forum. It involves an extensive usage of further maths coupled with lots of graphical expressions. Anyway, I believe your boy is upto the task.
Personally, as lots you might have guessed I favour economics than engineering especially in this present Nigeria context.
Hope this helps...

Very well my dear. A big congratulations to you on your grade, that's a very enviable grade I must confess. I wish you the very best in life. Thanks.
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 4:55pm On Jul 08, 2018
asuustrike2009:

Yes that practice still exist and would continue for a long time(@ bold part). The foundation is the key that is why many universities are strict on that. You did mentioned sponsoring students with degree in mathematics to study economics but you forgot that economist are made to be grounded in some basic aspect of mathematics. Let's tell ourselves the truth, would a university accept someone that doesn't have the basics of science into medicine and surgery?. The answer is left for you to answer. Even in most schools abroad, you ought to have the foundation of science before entering medicine

Guy, your post sounds funny to me.

I am telling you reality that I know very well, you're talking about something else. The way it works in economics is that you can do a master's and a PhD in economics without having taken any undergraduate course in economics. The mathematics needed in all areas of economics is NOT basic if you really want to go deep into some areas of economics. This is why foreign universities love people with quantitative background and will give them scholarships to study economics that they had no prior background in. I myself I am an economist (full economist) and have taught economics at all levels. The best students at graduate levels, from my experience, in economics are the ones with non economics BSc or BSc in economics and a quantitative subject. I and most of my current friends and colleagues never did economics at BSc level. However, we were accepted to do economics at higher levels at various universities. This is not restricted to the small sample of me and my friends. It is true across Europe and North America that I know very well about. Not that I need to convince you or have you believe the fact I'm presenting, you are free to hold your views. However, I believe someone will see this post, make further enquiries and learn something. That's what matters.

You make me laugh when you say basic aspect of math. Economics uses different types of mathematics. To do economics at a high level, solid math foundation is required, especially if you do theoretical economics. That's why these top foreign schools like and want people with quantitative background, with or without economics, to study economics at graduate level. The economics knowledge can be picked up. I picked it up after 1 year. Others can do it in one year or less.

There is no need to debate for the sake of it. I very much know what I am saying and have been in this business for a long time. I am only here offering advice, though this indeed will be my last post because it appears there is no need.

Hopefully, someone informed and has insights outside the shores of naija will see this and reiterate what I'm saying. The same is true for finance. You can study economics or finance at graduate level with a BSc in a quantitative field, with or with economics or finance content. Although this may not be true in Nigeria, it is certainly true in Europe and North America.

And yes, I did mention inviting top BSc math students to contact me if they want to study economics and other courses at a good school in Europe and North America. This is still open. I have been doing it on nairaland since 2014. I will chose from them and help them. I can't help everyone.

1 Like

Re: Economics Or Engineering?? Please Kindly Advice. by Jackossky(m): 5:07pm On Jul 08, 2018
Colourich:
I don't know why people think Economics is an easy course, having done it in the university, I will advise him to choose Engineering if he is good in calculation, not like economics doesn't have calculation but it is more of graphs and as a science student, he might get frustrated in the process of studying Economics.

Bae Don see graph tire.

I swear.
M studying Eco, still trynna wrap my head around
Normal goods
Giffen goods
Perfect substitute
Perfect complement
Inferior
Exceptionally inferior goods/ giffen goods.


I'm talking about the graph part oo, smiles when anyone think economics is easy.

Thought I'm studying the mathematical part. Economics and Statistics.
What about you?
Re: Economics Or Engineering?? Please Kindly Advice. by baum1: 5:10pm On Jul 08, 2018
So, hopefully, some helpful info is now available for OP. Good luck to whatever decision your son makes.

It has been a nice time responding to posts of this thread. Hopefully, I didn't give too much clue that will expose me.
Re: Economics Or Engineering?? Please Kindly Advice. by Babayoutoomuch(f): 5:14pm On Jul 08, 2018
BrightForYou:


Email sent.

Pls Brightforyou kindly send me Baum1 email. My email is queenolujames74@qmail.com.pls I want to contact him. Thks.
Re: Economics Or Engineering?? Please Kindly Advice. by deewhydoski(m): 7:05pm On Jul 08, 2018
baum1:


Guy, your post sounds funny to me.

I am telling you reality that I know very well, you're talking about something else. The way it works in economics is that you can do a master's and a PhD in economics without having taken any undergraduate course in economics. The mathematics needed in all areas of economics is NOT basic if you really want to go deep into some areas of economics. This is why foreign universities love people with quantitative background and will give them scholarships to study economics that they had no prior background in. I myself I am an economist (full economist) and have taught economics at all levels. The best students at graduate levels, from my experience, in economics are the ones with non economics BSc or BSc in economics and a quantitative subject. I and most of my current friends and colleagues never did economics at BSc level. However, we were accepted to do economics at higher levels at various universities. This is not restricted to the small sample of me and my friends. It is true across Europe and North America that I know very well about. Not that I need to convince you or have you believe the fact I'm presenting, you are free to hold your views. However, I believe someone will see this post, make further enquiries and learn something. That's what matters.

You make me laugh when you say basic aspect of math. Economics uses different types of mathematics. To do economics at a high level, solid math foundation is required, especially if you do theoretical economics. That's why these top foreign schools like and want people with quantitative background, with or without economics, to study economics at graduate level. The economics knowledge can be picked up. I picked it up after 1 year. Others can do it in one year or less.

There is no need to debate for the sake of it. I very much know what I am saying and have been in this business for a long time. I am only here offering advice, though this indeed will be my last post because it appears there is no need.

Hopefully, someone informed and has insights outside the shores of naija will see this and reiterate what I'm saying. The same is true for finance. You can study economics or finance at graduate level with a BSc in a quantitative field, with or with economics or finance content. Although this may not be true in Nigeria, it is certainly true in Europe and North America.

And yes, I did mention inviting top BSc math students to contact me if they want to study economics and other courses at a good school in Europe and North America. This is still open. I have been doing it on nairaland since 2014. I will chose from them and help them. I can't help everyone.
Bro please can someone who studied BSc industrial chemistry (2:1) at undergraduate level study economics at graduate level.
Re: Economics Or Engineering?? Please Kindly Advice. by BrightForYou(m): 8:58pm On Jul 08, 2018
Babayoutoomuch:


Pls Brightforyou kindly send me Baum1 email. My email is queenolujames74@qmail.com.pls I want to contact him. Thks.

Hello madam. Please check your inbox. Thanks.
Re: Economics Or Engineering?? Please Kindly Advice. by chicoMX(m): 9:29pm On Jul 08, 2018
baum1:


Good. It's not scary. It's one of the best fields out there. But you need to get a first class. If you're good at math, this is very possible.

Display your academic achievements so far. This forum is anonymous, so no one will put a face to your results.

We can take it from there after this.

you mentor only those with first class? this your mentorship get as e be.
Re: Economics Or Engineering?? Please Kindly Advice. by Battywonder(m): 12:40am On Jul 09, 2018
BrightForYou:


Hello. Please can you mentor me? I'm going for "Mathematics" for my first degree. And I need someone who can put me through because this field seems scary to many,hence a less passed path... Please, i need your consent before i go ahead and message you. Thanks sir.

Send me an email educareful@gmail.com
Re: Economics Or Engineering?? Please Kindly Advice. by Battywonder(m): 1:08am On Jul 09, 2018
baum1:


Lol. Does anyone say economics is easy?

My best students in economics have mathematics/science backgrounds. The best economists came from mathematics/statistics/physics and sometimes engineering.

Anyone might feel frustrated with economics, not only science students...But empirically, the best economists were scientist. I will give examples to support my position if you push the discussion. For now, let me rest the case.

Sorry to anyone who did economics at BSc, but my general advise is never to study only economics at BSc if someone wants to become a full economist (PhD economics) in the future. A BSc in economics alone does not give the required foundation. I know. However, things like economics AND statistics/mathematics, mathematics/statistics, physics and even engineering are a better foundation for studying economics at a higher level.

And by the way, having seen most (not all sha) economics at all levels, I'd like to let you know that economics is not more of graphs. The graphs are required to build intuition, and I appreciate that in our profession, but those graphs are driven by mathematical theories which some rigorous economics programmes teach. I understand that not all economics programmes are rigorous, but that does not mean that economics is more of graph when taught or studied.

Meanwhile, do you work with your economics degree?

Spot on! Though you didn't elucidate on why a bachelor's degree in a discipline (Economics) is not a good preparation for a PhD in the same discipline. I'm not trying to contend, but rather bolster your thesis.


A bachelor's degree in Economics in a country like Nigeria is not really a good preparation for PhD Economics at top tier schools. I've a degree in Economics from a Nigerian federal university and will be going for PhD Economics abroad soon. It was a great headache going through the requirements of many top graduate school in Economics and seeing mathematics courses we glossed through during undergraduate. Despite having a First Class in Economics, I had to start learning some advanced mathematics to be able to meet expectations eventually.


To study Economics at graduate level, you're expected to have high level of mathematical aptitude. Imagine specializing in finance and needs to model a relationship based on the Black Scholes. You should have taken calculus up to level 3, differential equations, real analysis etc which a Nigerian BSc Economics would rarely teach you. A degree in a highly mathematical discipline is preferable, but I'll never advice going for Engineering (cos it's 5 years) since you can go for Maths or Physics.

Going for Economics has its advantages. So, I'll advice you go for Economics and take Mathematics at every opportunities. Take operations research and any computing courses. Since this thread is replete with undergraduates, I wouldn't want to be bombastic by explaining how much econometrics programming you with have to do in graduate school.

2 Likes

Re: Economics Or Engineering?? Please Kindly Advice. by BrightForYou(m): 6:33pm On Jul 09, 2018
Battywonder:


Send me an email educareful@gmail.com

All right sir. Thanks.
Re: Economics Or Engineering?? Please Kindly Advice. by Chukwuka16: 7:15am On Aug 01, 2018
I indeed came late to the party. However @baum1 has given a very insightful statement which centers around BSc. A very grounded bachelor's in a quantitative course with good exposure to mathematics is important. This is because of the leverage it provides students in higher education. My BSc and MSc were both in EE and my PhD CS. I chose this route simply because it was faster and I needed to delve more into the social sciences. I still find myself calling upon my foundation to address issues all the way ranging from social to technical to economic to environmental and policy issues. My bachelors grounding has been very useful in helping provide more robust frameworks and policy recommendations.

I hope the lad in question is allowed to make a choice himself. He needs great grades (a first would be advisable) from whatever course he decides upon. The parents need not bother about the prestige that comes with courses at bachelors level. The future of the lad is what matters most. Let the lad make his choice and let him be properly motivated and supported to make a first. With a first in a quantitative discipline, the sky is only the starting point.

Don't put a label on someone because of his course of study. Most of the top EE profs in MIT and other top universities have foundations in maths/stats/CS. They have however been able to successfully navigate their ways into EE because a good maths foundation is key.

In line with the advice given by baum1, economics as a single option is almost like a waste of time because of the limited maths scope. Agreed they claim to do all those analysis, but hey its all tailored to solving specific issues. (A general application means one can germinate a model and apply in across disciplines. Think of an engineer using the concept of electrical circuits to solve oil and gas pipeline flow attributes or resolving balancing of forces in mechanical engineering or addressing RoI for anow energy project). The career focus would be straight desk jobs in the normal coys. However a maths grounding or engineering grounding means that one has a wider scope to address issues from a theoretical perspective with sound mathematical concepts/modelling.

I wish the lad success in his future endeavors and just a piece of advise:
There are countless opportunities for Nigerians to better themselves outside the country. A Nigerian graduate/undergrad needs to know that aside getting great grades (minimum of a 2.1) important skills like research, critical thinking, analysis, problem solving must be developed. Please know how these skills can be applied across disciplines and also endeavour to keep an eye on global trends. Issues such as SDGs, climate change etc. should be known and appreciated especially as they relate to one's discipline and intended career interests. Make good use of available local opportunities like attending local conferences and presenting a paper. Receive critical feedback and develop further. Mistakes made at this level will always be forgiven. Take advantage of this time. Avoid those folks who say university degrees are not needed or that age doesn't matter. 'Owu' is blowing them hard. Don't be deceived, the job market in Nigeria has countless opportunities only for deserving exceptional candidates. I've had to turn down offers in Nigeria while still out despite claims of no job. Don't be unemployable. Build useful skills. Thanks.
Re: Economics Or Engineering?? Please Kindly Advice. by rasaquadri: 7:02pm On Aug 01, 2018
Engineering is a scam in this country

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