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I am interest in electrical engineering, but I also like finance/money-related topics. Any advice on these two careers?

I want to go to college with a major that will help me secure a job in the future while enjoying my work. I am currently deciding between engineering and finance.

#technology #finance #personal-finance #electrical-engineering #engineering #money-management #investment #career

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Ronita’s Answer

Hi Aaron,

I would say whatever career you choose, its going to involve money - making it, investing it, managing it, growing it etc. So having a background in economics and finance cannot hurt, but in fact will only help you be more effective at your job and able to better manage personal finances as well. Financial literacy is an important life skill I believe, and getting formal education in finance either through undergrad coursework, graduate school specialization (e.g. MBA) will serve you well in your career.

Ronita recommends the following next steps:

Try out a few finance courses in undergrad and if you get hooked, then sky's the limit!
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Vardan’s Answer

Both are very fine careers with broad possibilities. Personally I have a finance degree and economics degree. Finance degree helps in personal life the other in professional. In case you want to combine the two professions you are interested in look into entrepreneurship and opening your own business which will involve finance/money because you'll be running a business and electrical engineering area either consulting in the area or designing grids.

Vardan recommends the following next steps:

Research possible jobs of either area
Create a list of pros and cons for both and make a decision that way if you really want to hone in on one area.
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Bill’s Answer

Hi Aaron. I've known many Engineers who earned MBA degrees and eventually focused on finance/business related topics within their companies. It's powerful to have knowledge and experience both in technology and business/finance.

Some companies will pay for you to get an MBA degree through night classes over the course of 2-3 years while you're working. I've seen this approach pay off for many people!

It's great that you're interested in both, because business is about both (technology & business/finance).

Bill recommends the following next steps:

Explore what basic finance classes you can take during Engineering school - basic classes that relate to how companies do financial reporting, for example.
Eventually, explore companies that will fund your MBA work.
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Rafael A.’s Answer

You can dabble in both while you are in school. One should be set as a Major and the other as minor. If you decide to swap them out do them sooner rather than later so that you can graduate in time.


Other things to consider are internships to get a good feel of your career choice.


Good luck

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