College Major?

[Adrian Williams]

I start general education classes here in June I'm going to a school here in Kansas City called UMKC looking at possibly majoring in economics , I just wanted to hear from members on Biggerpockets that did go to college; What was your major ? & would you say your major was beneficial to your Real Estate Business .?

Thanks,

A.D

[Bill Gulley]

Undergrad was a double major accounting and finance and minor was economics then an MBA.

What is most important that you obtain the degree, show that you can finish what you start so to speak. Few actually end up working in the area of their major. It seems to me that all basic business classes will be applicable to RE, even marketing lol.

RE really requires analytical thinking, an ability to creatively solve problems withing given constraints and social skills, but then that could be applied to any career.

If I had were an EE, I'd be inventing the latest gizmo widget, a red one, lol! Engineering is the hot major or our time, not business.

Actually, as I have told my sons, RE is something to do as a second career, building long term financial security, it's not really something that makes a great reliable income in the first few years for those of limited or even significant resources, IMO. Any if you have greater resources, banking is a better choice. Related or complimentary careers or education is the way to go. As an engineer, you might own a heating and air company, or an electrical company that will generate profits. Being a survey engineer will always put you in an area of land use changes.

I would suggest you consider fields that provide a good financial security in themselves and most important in a field that you are excited about, that you will enjoy.

Your personality should guide you as well. Are you really entrepreneurial or are you happier having more security and fewer headaches. The days of being an engineer and working for a large corporation for your entire career are probably over, but being marketable in the world economy is key.

You will need to love what you do to be the best at it. It doesn't really matter what your major is, but the more challenging the path the greater the rewards. Remember, the very best trash collector is a very successful person. Good luck