The Economics Major at UCLA.

[@allygong]

EXCITING NEWS: To future and current bruins, especially those of you Econ majors: My new book is out! These are some of my illustrated poems from UCLA years about academics, relationships, and self-growth in Los Angeles: amzn.to/2E7KPCu ✨✨ It's specific to my experience as an Economics major going through rigorous coursework, while still pursuing my creative spirit and I'm sure it'll be a light and inspiring read if you're in a similar boat

[@heyitsbridge]

oh dang this is really helpful for ppl either going into UCLA or trying to decide their major anytime before college. TYSM GIRL!!!!!

[@allygong]

Omg girl u r like so welcome

[@whisper-wave-24]

Thank you so much for making this video! I'm a 1st year pre-econ major at ucla and this helped me a lot

[@allygong]

Kelly Doherty you’re welcome! I’m glad it helped 😊

[@ivyslotus]

same girl im asian and a struggler in math😍😍 i didn't get the intelligent in math gene

[@allygong]

LOL i relate 100% that gene escaped me 😂

[@joeharris8233]

I graduated from Ucla economics 20 years ago. To be honest, I’ve never once used it in the business world. It was a waste of time and money. Looking back, I wish I took something else. Sad but true.

[@Elllllllwty]

Thank you!! This was really helpful!

[@allygong]

glad it was helpful! you're welcome 💗

[@abelgarcia4083]

Thanks this was very helpfullll :)

[@nycto16]

I'm majoring in Banking and Finance but I love Economics more so I have plan to do masters in Economics after my undergrad... I'm literally not good in math xD :(

[@MitchellZia]

I got a 1 on AP calc test :((

[@allygong]

Mitchell Zia x(

[@benishot1000]

F

[@cherylliuu]

THAS GONNA BE ME

[@allygong]

Cheryl Liu gg

[@pheonix1461]

I want to go to law school and I'm thinking of majoring in Economics (just to have a lot of opportunities after graduating) but I'm not good with numbers and because of that I get discourage in taking eco since I think it has a lot of math :/

[@karlagutierrez6100]

Same 🥲

[@Simon-gx9xf]

Um interested in maths and econ major.. ur video was helpful .. thank u

[@allygong]

Pavlo Decaprio you’re welcome! Glad to hear

[@caseytran4451]

You said that most Econ majors get through the program in three years? Is that really true

[@allygong]

Casey Tran yea! I think generally it’s true. I finished the major in about 2 and a half years

[@caseytran4451]

Wait really? So you graduated early?

[@allygong]

I didn’t plan out my schedule super well so I’m still finishing grad requirements

[@once861]

i want to major in econ/ or business econ with a double in spanish. I want to either go into government or teaching at my high school. I was going to major in polisci but with an econ degree I can run the family business. My father owns a small engineering company i will inherit and hopefully run. And if i become a teacher i want to get an education degree during the job online so i can become superintendent 🤑🤑🤑

[@kevindolan3414]

Thank you!!!

[@allygong]

Kevin Dolan you’re so welcome!

[@alexander13580]

You are adorable and intelligent Ally Gong!

[@bebeninaleila]

Can you make a video or atleast give me the details on how to get into UCLA for an economics PhD telling bout the requirements/criteria. I am a foreign student from India and I've done my UG and PG form a reputed university here. I will be forever thankful.

[@hyunhun5156]

i’m thinking about double majoring in pol sci and economics but i’m scaredd

[@allygong]

Set a plan! You can do this 👍🏻⭐️

[@Emiliasirena]

Would u make a video about Econ vs business Econ and what the benefits/disadvantages are for both? I’m enrolled in a business Econ degree bc my school doesn’t offer regular Econ, but I can’t really find any info about the differences. I want to go to grad school but idk if I should do mba or masters in econ. Thx❤️

[@allygong]

Hi Emily! Would this be UCLA specific or just for these majors in general?

[@Emiliasirena]

Ally Gong just in general! Just your thoughts about Econ vs finance vs business admin... I’m trying to decide what direction to go

[@marisun23]

Ally Gong yes please I agree I’d love to see a video comparing the two, my freshman orientation is in 3 days and IDK WHAT TO CHOOSE AHHHH

[@imagine_8681]

How do u know what classes to take?

[@MichaelForceYT]

Do you write a lot of papers as well or is it pretty much all math?

[@sweetpeace7491]

Do you have any information about the mathematics/economics major at ucla

[@allygong]

I don't have personal experience with it! there's a good amount of overlap in that combination though :)

[@briangrandy7316]

Hey at least your honest about not being great in math.

[@allygong]

Hahaha I’m so bad at math I couldn’t even lie about it

[@grantstidman901]

What abt the math Econ program

[@allygong]

Definitely going to be more challenging... there’s a lot of math requirements and pic 10a which is a coding intro class (you can find more info here: www.math.ucla.edu/ugrad/majors/mathecon)

[@grantstidman901]

@@allygong TYSM Ally!!!! I am still a freshman in high school, so I have A LOT of time to decide on my major. Stay safe during Rona time.

[@grantstidman901]

Also, what colleges were you considering during high school? And how did you chose UCLA?

[@GCY1]

Hello. Very informative video, thanks for posting. What have you heard sbout the Business Economics course?

[@allygong]

Simon Levchenko they are generally similar, but you’re required to take more accounting courses

[@GCY1]

@@allygong I see. Thank you.

[@robjohnston366]

@@GCY1 The Business side of the management coursework is offered by Anderson School of Management ("ASM"), which is UCLA's business school. It offers courses to UCLA undergrads, but it doesn't offer a BusAdmin BS degree; it offers MBAs, DBAs, and MS degrees in things like Statistics. Stats is gaining in popularity along with Data Theory (UCLA's version of Data Science), which are good majors to enter the field of Data Analytics. The Economics side is obviously offered by the Econ department. As Ally stated, a degree in Business Economics will include some from management and some from economics. The courses you'd take for this degree would be some accounting from ASM and some from the Econ department like Micro- and Macroeconomics, a stats course, and an Econometrics course, along with the lower-division prereqs, which include Calc. There are a few finance courses offered by ASM and some entrepreneurial classes -- there are minors in accounting and entrepreneurship at UCLA. A lot of students like the Bus Econ degree because they want to go into IB, consulting, or wealth management and accounting especially for any finance job is necessary to be able to read financial statements. But it's actually the Econ Department at UCLA that has the most comprehensive amount of courses. There are > 100 upper division course listings, for which, here's the link: catalog.registrar.ucla.edu/ucla-catalog19-20-632.html The coursework for Econ 106 includes > 10 listings, and Econ's coursework offers a lot of management type classes, which is a lot more than ASM's offerings. ASM only offers about 35 courses and here's its link: www.registrar.ucla.edu/Academics/Course-Descriptions/Course-Details?SA=MGMT&funsel=3 -- you'd have to click on the upper-division course tab. The comprehensive coursework by the Econ department has a good amount of people who switch out of Bus Econ to straight Econ, but if you want a finance job, you should probably take some accounting courses also.

[@GCY1]

@@robjohnston366 Thank you for the information.

[@robjohnston366]

@@GCY1 You are quite welcome. But let me add that if you were to attend UCLA to be sure to join the business fraternities (they obviously include women also), clubs like the Undergraduate Business Society, which is kinda-sorta the umbrella org of all the sub-groups like those for IB, Consulting, Accounting, Marketing, etc. And by all means do what Ally has done which is take as many internships as you can to determine to what business sector you'll be most attracted. All the best.

[@heyitsbridge]

Pretty and smart what a catch

[@alexandrada6617]

Did u take calc In high school? I am going to be a senior and I already took Calc AB Calc BC and I’m taking linear algebra in the summer. I want to go into a Math/Econ major.

[@allygong]

Yes I did take calc in high school! And it seems like you’d be a perfect fit for that major! 🤣 I took calc AB in high school and struggled a bit with it

[@whomstdve2374]

im planning to take econ as my major, how advanced the math in econ is? i kinda hated math but i seem to get along with it. i love econ theories. and btw, is it really math intensive or theres some classes that doesnt require math?

[@shawnree2512]

same question'

[@mwestonbloop]

Well I’m currently in my sophomore year of an economics degree with intention to transfer to business economics and we’re required to finish Calculus 2 by the time we get to our upper division courses.

[@saulbronstone8653]

I got a 4 on the Calc AB test and am taking BC in may, can either of those help me get out of any math classes for Econ

[@saulbronstone8653]

Or for pre-Econ

[@allygong]

Yes they will! Calc AB fills in for the 31a class in the major, and I think BC calc possibly fills in for 31b (but I would double check that)

[@saulbronstone8653]

Ally Gong Ok thank you, and also are almost all of the Econ students able to get through their pre-requisites ok to declare their Econ major?

[@StrawberryS-vk5my]

do you think econ/business econ at ucla is good for startups

[@allygong]

it could be, depending on what kind of startup. You'd also have to be more active at networking, because i personally think a lot of people in econ/biz econ at UCLA aren't there to pursue startup (more there to pursue banking, finance, consulting, etc.) You'd want to join clubs like Bruin Entrepreneurs

[@memjiji3521]

What extra curriculars did you do to get in

[@101kitkats]

Hi! I recently got accepted to UCLA and I am strongly considering going, but I’m thinking of going into finance and after reading a lot of forums online (which I know cannot 100% be trusted), I’ve been worried about job prospects haha. A lot of people have been saying that placement into consulting or finance jobs is bad and that getting a job if rlly difficult/competitive. What is your opinion on this and do you have any tips on getting a god job post graduation?

[@ArtistPass]

Katherine Li hey Katherine, no matter where you go ucla or berkeley or any top school within those rankings should give you a high chance in getting good job prospects. You shouldn’t worry

[@robjohnston366]

Yeah, I agree with Omar; there are some people that will purposely denigrate UCLA's Econ type majors, and that UCLA will be excellent. I think you should try to join a club at UCLA in finance, which is a broad field. UCLA has an umbrella club, Undergraduate Business Society, and sub fields in IB, Consulting, etc.

[@marksharks30]

This might be a bit late but how was econ 103 and econ 103L

[@allygong]

Michael Castro hard it also really depends on what teacher you have. I had Rojas and we weren’t tested on stata which I thought was great

[@josegiovanni9310]

Hey Ally, how did you find your dream job during your senior year?

[@allygong]

Jose Giovanni hi Jose! By focusing on that company, I’ll be making some videos on this topic next month so if you’re curious you should definitely check those out later!

[@tha_oz]

What are your thoughts on majoring in econ with a minor in cs?

[@allygong]

That’s an awesome combination!! Definitely will have a lot of applications in both business and CS... but I don’t see that too frequently amongst my peers just because those are both competitive major fields at UCLA. If you can manage it, it’s definitely a great combo!

[@tha_oz]

@@allygong is a cs minor just less classes you have to take than the cs major? Im in community college rn as a cs major considering switching to econ. The reason why i want to minor in CS is cuz i dont want my cs classes that i already took to go to waste lol. Also i feel like of i minored in cs it would give you an edge in what ever major you go with.

[@robjohnston366]

@@tha_oz Pure CS is in Engineering at UCLA, so you'd probably have to get into the E school at the University. Economics is in Letters and Science, which is generally easier to which to gain entry. But from community college, they're both extremely tough; you'll probably need a good 3.9 gpa with a lot of the prereqs done. Here's a link on what gpa it takes to transfer: www.universityofcalifornia.edu/infocenter/transfers-major and click on UCLA as the campus. Both take near-perfect grades. With that said, there's a good interdisciplinary CS major with Linguistics. It doesn't take as good of grades to get into that, and it's in L&S, which again, is a little easier for entry. It might be tough to add Econ as a double, because of the high number of requisite courses in CS & Linguistics. If you want to major in Econ and take CS type classes, there's a couple ways to do it: -- Major in Econ and take the Specialization in Computing, Programming in Computing (PIC) coursework. Just about anyone can add the specialization onto his/her degree. Here's the link to the PIC courses at UCLA, which is offered by the Mathematics Department: www.math.ucla.edu/ugrad/pic-course-descriptions -- You can major in Econ and take a Stats major or minor. Stats will have some programming classes in its department, and you should be able to add the Computing Specialization. -- You can major in Data Theory, which has more CS classes than Stats, and some of its coursework will be through the PIC coursework, then you could tack on Economics as a minor or possibly a double. -- There are other CS-based majors outside of Engineering like Mathematics of Computation in the Math Department and Computational and Systems Biology from the Bio Department. But these would be tough to tack on an Econ major. Possibly, you could go Econ as a major and minor in Digital Humanities which is CS-type classes for Humanities and Social Science majors. I think your best bet would be Econ as a major and Specialization in Computing, and try to take as many CS classes as possible, because Econ is a pretty short major.

[@tylersieben6868]

Are you planning to advance to graduate school after or is it a good idea after you get your bachelors degree?

[@allygong]

Hi Tyler! For now I'm not entirely sure that the cost of graduate school will be worth what I get out of it... but it's not totally out of the picture for me.

[@alexwang2351]

i am a cs student almost third year in university of Minnesota, i want to change my major to eco.our eco major requirements is just 10 eco courses and 2 stat classes. and do you think i can finish them by 2 years? i do have other 4 classes need to take which are liberal arts, but they are not hard. i am just confused about i have no eco background and ready to change my field to eco, is that too late? if it is so, i might consider other one.

[@allisonbergers4843]

How hard is Econ 11? I've heard how hard it is and saw that it might be better to take over summer school. Any truth to this?

[@allygong]

Mike Litoris I did that and it worked out for me! You’ll definitely have to study a lot because summer is more condensed and the course will go quicker. Definitely only take Econ 11 during the summer term, don’t stack your classes!

[@aathirajoshii]

hi! I’m not wrong America so I really don’t know how all this works but you had mentioned that you can finish the course in 3 years? so does that mean if I’m class of 2026, can I graduate earlier than the usual 4? if so, what am I supposed to do when I start the course? do I just apply for as many modules as I can or something else?

[@allygong]

hi Aathira! It depends on the University, but for Econ, you can graduate early if you finish all the requirements. I would go to your academic office/academic counselor and ask them to look over a graduation plan with you

[@kennethblair9314]

A good bill for Congress is for Uncle Sam to award all employers, employees, self employed, government employees and military personnel anywhere between $300,000 and $3million in a lump sum after 120 months of full time work, part time included in the total, regardless of number of employers worked for, for the citizens or perminant residents business start up or already existing business. The amount allotted will be determined by the size and scope of the business, plus education and work experience. This is a Grant, not a loan. The printing and issuance of money is validated by any legitimate labor and production for society. Also a bill in Congress or a Constitutional Amendment limiting total taxation of federal, state, and local taxes combined of no more than 10% , including federal income tax, state sales tax and toll roads. Social security is excluded and will remain at 6.2% and 1.45% Medicaid. Also a bill for a Congressman to introduce is a mandate on U.S. Banks to pay their depositers at least 85% of all interest collected, because it was the depositers money that got loaned out to begin with. Also the Federal Reserve needs to increase all depositers accounts every quarter and every year according to the inflation rate put out by the U.S. Department of Labor. Government and military personnel would be exempt from the inflation adjustment because they are already accounted for on their paycheck. I wouldn't count on the Democratic party because traditionally this party taxes the highest compared to all the other party's, maybe with an exception of a few Congressman.

[@fatimag3731]

Anyone here please please help me figure out economics major is better or IT( information system or Information Technology). Which can lead to a higher paying carrier?

[@GCY1]

Economics.

[@fatimag3731]

@@GCY1 how ? Please explain something about its benefits

[@GCY1]

@@fatimag3731 A degree in Economics from a good university can help you gain employment in the ABC field (Accounting, Banking, Consulting). Only dcotors compete with them in terms of average salaries. A degree in IT would more likely equate to working in the IT support department to help Economics graduates in an ABC (or other) company.

[@fatimag3731]

@@GCY1 thanks a lot for nice explanation. Economics is your major as well?

[@GCY1]

@@fatimag3731 No problem. I am in my final year of high school.

[@shaunal8109]

I’m planning on attending UCLA this year as pre business econ. You mentioned that applying to the major is different from the econ one? Is it hard 😬 How would I apply to the business econ major? Thank you!

[@allygong]

It’s got a higher GPA requirement and a few additional classes that you have to take. You apply through the economics department office

[@shaunal8109]

Ally Gong thank you !!

[@allygong]

Shauna L you’re welcome girl!

[@Eastcoastline0]

Do you recommend a BBA in economics from Baruch college in NYC? Thank you in advance! Cheers 🥂

[@allygong]

I’m not sure about baruch college, but I think it’s good to go for a major that’s decently challenging and is on a topic that you enjoy

[@XenomorphLV426]

#1 tip don't do it. There are too many generic econ graduates that have saturated the job market (no one cares about UCLA econ grads). Only worth it if you do biz econ or math econ. Otherwise push yourself into a real STEM major.

[@ghadiaoun5534]

Stopppp!!! You're so attractive😥

[@allygong]

Ahh haha thank you 🤭