Is a person with a degree in Economics more likely to make money in the stock market or is it a complete meme?

is a person with a degree in Economics more likely to make money in the stock market or is it a complete meme?

Economics is a meme degree.
You want a data analyst that is also a statician and also a competent programmer.

>You want a data analyst that is also a statician and also a competent programmer.
does a person with these skills more likely to make money in the stock market?
I'm trying to figure if the numbers on these fucking graphs even mean anything
I think it really comes down to what the company is doing and how it's doing it

like do these math formulas actually work on the stock market? if they did there would be way more rich mathematicians than there are today

Do all mathematicians desire to go to casinos and count cards?
Didn't an AI recently beat the world best at Texas Hold Em?
Pretty much all banks have a bunch of programmers and mathematicians devoted especifically to investment.
The stock market is run by bots dude.

Bachelor of ARTS in economics is a meme degree

Bachelor of SCIENCE in economics is the real degree, generally if you work an internship while earning a BS you're set in the financial world, because unlike accounting/finance majors a large part of those B.S econ degree plans is calculus and linear algebra based economics, which qualifies you enough math wise to move to a STEM graduate degree if you wanted, but B.S economics graduates make high starting salaries compared to most majors for a reason even if you don't immediatly pursue graduate work

Source ?

You can google whichever you want source on, it's common knowledge.

The stock market itself is a meme.
Most people, even experienced hedge fund manager with a PhD make mistakes. Why do you think you are the one who could constantly beat the market?

meh, depends on in institution, if they offer both BS AND BA BA is meme. My BA econ program has required 2 math courses, stats course, econometrics course and 3 micro courses that are pure math

econometrics you mean?

I work in a hedge fund and most employees are maths/physics phd or code monkeys

It depends on the shop though, you will find finance degree holders in less quantitative ones.

micro
>pure math

More like pure grade 8 math retard oh and maybe finding the 1st derivative of a simple function

Micro is a meme and its useless

My school only offers BA but most of us end up taking extra math/stats/cs courses regardless.

When I graduate I'll have taken Calc 1-3, Diff Eq, Linear Algebra, 2 Econometrics courses, 3 Stats courses, 2 Risk Management courses, 2 Accounting courses, and 2 Finance courses. I'll also have an edge when it comes to macroeconomics, the banking system, regulatory knowledge, etc.. Also, taking CFA Level 1 in June.

Economics is only a meme if you take a bunch of easy courses and no extra math/stats classes.

Also took 3 CS courses, intro to CS, Data Structures, Systems Programming.

Probably not. No effect either way.

Your typical bank have programmers for service developing, that's what they are looking. Just have a look what kinds of jobs your bank is currently offering. The typical, maybe a finance lawyer, programmer for web developing and salesman aka investing advisors...

Investing banks and hedgefunds are a different story. Most investment banks have already closed due to bad results, deutsche etc. trading floors are all closed by now.

Very limited amount of jobs regarding to some sort of trading itself.

Most hedgefunds just mimic market and take larger fees. They dont trade, they invest. More capital harder it becomes, it's a completely different story being a small private trader compared to 100-1000m fund where you have to be invested 90% all the time

Hft is a different story, even hft companies are closing and the best ones, you have no business there with your Veeky Forums programming skills lol

This. I would have been able to graduate with a BA 2.5 years into college, but I went for a BS instead, which could've taken 3.5, but I stayed for another semester to complete a minor in CS, and because my full-ride lasted 8 full semesters, and I might as well take the free education.

B.A in Economics is for pre-law or think tank work if it's a good enough school, and that's it.

>does a person with these skills more likely to make money in the stock market?

no, you need luck to win

to reduce luck, buy bitcoin and hold long term

>Didn't an AI recently beat the world best at Texas Hold Em?
A hu bot beat 3/4 players consisting mainly of MTT pros

>statician

Do not take advice from someone illiterate, OP. A person who is unable to spell statistician properly is uneducated and, most likely, feels the need to shit on others to feel better


t. Economics undergrad

>do these math formulas actually work on the stock market? if they did there would be way more rich mathematicians than there are today
quants and HFT programmers have been the new BSD's on wall st for a while now, bub.

>do these math formulas actually work on the stock market? if they did there would be way more rich mathematicians than there are today
kinda trading is a art form. They can do it well enough to be profitable but the market is a very difficult thing to predict.