I found that lots of hard work, hours and hours of studying and doing each and every practice exam over and over again was the only way I was able to do well in the Econ major. And when you do do well, for me at least I found that there was no better feeling then pulling off a high grade in an Econ "weeder" class after bombing the first midterm, feeling like absolute shit, losing confidence in yourself and thinking "man, maybe i'm just not good enough, not smart enough", etc. Then buckling down and studying your ass off and with everything on the line, pulling off an A or B. And for me i found that the only way to accomplish that was literally by locking myself in the library , eliminating all distractions and pulling off marathon study sessions when I would have much rather been out partying and drinking with friends. But all the hard work will definitely pay off. Good luck all you current and future Econ students!
I graduated from UCSB in 1980s. Lived on Seville street, right next to the campus. I learned how to code in a dozen computer languages - pascal, ada, C, fortran, lisp, prolog, ... later I wrote computer programs for the space shuttle. I retired super early and now live in Taiwan. I had a grand time attending UCSB. It was a place where I let my hair down, and we properly party down during weekends. I had studied hard and had gotten all the wild living out of my system. I miss the surf sessions in IV, Ventura, Malibu, Leo Carrillo, County Line, Campus point, Sands, St. Nickolus State park (aka Zeros), ... Thanks UCSB! Good times!
Idk if you'll see this comment, but worth a shot. I'm a pre-econ and accounting major, first year, and taking all online courses. Would you recommend taking Econ 1 and 3a in one quarter? Thanks for this video btw, really helpful
Hi, I’m an incoming freshman for economics. I just had a quick question. Do I need to have Calc II finished before I enter UCSB in the fall? I’m in Calc BC right but I want to redo Calc II in college since I’ve struggled a lot this year.
one of my buds took 10A in summer and said he thought it was an amazing idea! Easier to focus on the hard material because not the distractions from the normal school quarter
LOL...."Econ acctg major ..something for you mom"...Econ acctg majors are highly respected by Big 4 acctg firms. They aggressively recruit econ- acctg majors. It's also worth noting, econ acctg club is very organized and has numerous networking events to meet recruiters. There's also opportunities for summer internships for econ acctg majors. Internships are extremely important in order to find your first job after college.
Of course, in order to have a shot of getting hired at the big 4 accounting firms, you need at least a 3.3 GPA or higher (if not a 3.5 or better), you need to have couple of months of internship experience (at least 3-6 months or more), some extracurricular activities, exceptional knowledge of computer software (e.g. Excel, Peachtree, Quickbooks, etc.). and a strong network and you need to write a decent cover letter and resume. If you do not have all these things working your way, good luck getting hired by any of the Big Four accounting firms. F.Y.I., for the experienced accounting positions at the Big Four, you might even need to get a CPA license. My mother used to work for one of the Big Four accounting firms (Ernst and Young to be more precise) in the 2000's as an Auditing Manager/Senior Auditor before she lost her job in the late 2000's (2009 to be precise) and before having a mental breakdown in the early 2010's. She is now retired. And the job description for that job required a CPA license on top of other requirements (e.g., 5 years of Auditing Experience and expert knowledge of Excel, Peachtree and Quickbooks and of course of a Bachelor's degree in Accounting [MBA in Accounting preferred]). Note to self, my mother got her MBA in Accounting (graduated with Honors) at UCLA and CPA in the mid 1980's and my mother earned her Bachelor's in Accounting (graduated magna cum laude) in the early 1980's.
@@123ucr Big 4 minimum g.p.a. is 3.7 to be considered for employment. Please don't give false hopes to students by stating a 3.5 will get you in the door.
@@thatgirl952 ---Actually it is possible to get into the Big 4 with a 3.3 to a 3.6 GPA but very difficult. Plus, you probably need to get a CPA license to work for the Big 4. I had a friend who graduated from UCSB a couple of years ago with an Economics and Accounting degree and he had a 3.5 overall GPA and a 3.6 Accounting major GPA and earned a CPA license and used to work at Deloitte for 2 years until he was laid off during the pandemic. Plus, he did network his ass off in order to get into Deloitte (He knew a few older friends/alumni from UCSB). So, yes it is possible to get into the Big 4 with a GPA lower than a 3.7 but difficult. Note to self, 3.7-3.8 GPA is the average admitted GPA into the Big 4.
@@123ucr Times have definitely changed! Not sure what your source of information is, but I have a family member that is the #1 Partner (both in California and Nationally) at one of the Big 4. We reached out to him in May for guidance on the best UC for our daughter, who selected UCSB and will be entering as a junior this fall as an Econ and Accounting major. He reached out to L.A. partners and the head of their H.R. department for California. To clarify your note, if you are seeking an internship or are a recent grad, NO Big 4 firm will hire you with less than a 3.7 in the current environment, and there are no exceptions to that. If, however, you have less than 3.7 you will need to get your C.P.A. license through a non-Big 4 firm, and then you might be able to be picked up by a Big 4 firm after you become a C.P.A. That said, the economy is fluid and things change. Back when I graduated it was shifting from the Big 8 to the Big 6 and you couldn't even get an interview without a 4.0 g.p.a. As I previously wrote, things change continuously, and I hope that all grads find employment!
@@thatgirl952 --- If you are in a top tier or an extremely competitive university like UCSB let alone UCLA or UC Berkeley or the Ivy Leagues or Stanford, you need a 3.5 GPA or better to be considered plus a decent cover letter and some outstanding internship experience for the Big 4. If you have that kind of GPA, you are in good shape. But, if you went to a mid tier university such as UCR, SDSU, UCSC, U of Arizona or Oregon, or an equivalent or lower tier university (e.g. University of Phoenix, SJSU, UNLV), you will need a 3.7 GPA or better. Now why is that? Because the top tier universities have higher grading standards than mid and lower tier universities. Plus, a 3.5 GPA at a top tier university will tell BIG 4 employers that you have come prepared for the rigors of accounting and finance jobs at the Big 4 firms because you have been challenged to high standards and did well under stress. Here is the link to prove my point: forum.another71.com/far-cpa-exam-prep-test-day-experience/financial-accounting-reporting/topic/can-i-get-a-big-4-internship-with-a-32-32-gpa-but-a-38-in-my-major/
A good bill for Congress from the Professors at University is to award all employees, employers, self employed, government employees and military personnel anywhere between $400,000 and $3million in a lump sum from Uncle Sam after 120 months of full time work, part time included in the total, regardless of number of employers worked for, for the citizens business start-up or already existing business. This is a Grant, not a loan. The printing and issuance of money is validated by any legitimate labor and production for society. The dollar amount issued will be determined by the size and scope of the business, plus education and work experience. The citizen or perminant resident must spend at least 65% of funds allotted on their business or business related items. Another good bill for our U.S. Congressman is a Constitutional Amendment limiting total taxation of federal, state, and local taxes combined of no more than 10% , including federal income tax and state sales tax. Social security would be excluded and remain at 6.2% and 1.45% Medicaid. For most of the 1800's in America, there was no federal income tax and no state sales tax. Currently there are 5 states with no state sales tax. Also a bill to mandate 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.
an impacted major means that its really high in demand, so there's a lot of students trying to take those major classes. But the university can only let so many students in each year to remain prestigious, so there's more requirements to complete the degree
If you are talking about the introductory Econ classes, Econ 1 and Econ 2, I would say the difficulty of AP Microeconomics and Macroeconomics to UCSB Econ 1 and Econ 2 are about the same. But, if you were taking course Econ 3A, 3B and Econ 10A, then I would say it is harder than your AP Econ classes. Also, the academics at UCSB especially for Economics and/or Accounting is competitive. If you are not in the top 50% (e.g. at least a 2.85 GPA or better) of students who want to become an Economics and/or Accounting major, good luck graduating with that major because the Econ Advisors will not let you graduate with this major because it is highly impacted. FYI, I did graduate from UCSB but I know a friend who did graduate with an Economics and Accounting degree at UCSB and used to work for Ernst and Young, one of the Big Four Accounting firms. Me, I graduated with a degree in Economics and a concentration in Mathematics at UCR in 2015 and used to work for an Insurance and Financial services firm as a recruiter and a salesman. Of course, I now work as a sales consultant for HVAC/ (Heating and Cooling) systems and for Solar Panels and could make a good amount of money doing what I do assuming I know what I am doing. Note to self, it is commission based.
I found that lots of hard work, hours and hours of studying and doing each and every practice exam over and over again was the only way I was able to do well in the Econ major. And when you do do well, for me at least I found that there was no better feeling then pulling off a high grade in an Econ "weeder" class after bombing the first midterm, feeling like absolute shit, losing confidence in yourself and thinking "man, maybe i'm just not good enough, not smart enough", etc. Then buckling down and studying your ass off and with everything on the line, pulling off an A or B. And for me i found that the only way to accomplish that was literally by locking myself in the library , eliminating all distractions and pulling off marathon study sessions when I would have much rather been out partying and drinking with friends. But all the hard work will definitely pay off. Good luck all you current and future Econ students!
Just got into UCSB and I'm super grateful for this video. Thank you!!!!
As a sophomore or transfer?
Thank you so much for this video! I just got into UCSB as a pre-econ/accounting major and this is really helpful in figuring out if its for me :)
How did it go for you? I’m at sbcc planning on transferring next fall for Econ & accounting.
I graduated from UCSB in 1980s. Lived on Seville street, right next to the campus. I learned how to code in a dozen computer languages - pascal, ada, C, fortran, lisp, prolog, ... later I wrote computer programs for the space shuttle. I retired super early and now live in Taiwan. I had a grand time attending UCSB. It was a place where I let my hair down, and we properly party down during weekends. I had studied hard and had gotten all the wild living out of my system. I miss the surf sessions in IV, Ventura, Malibu, Leo Carrillo, County Line, Campus point, Sands, St. Nickolus State park (aka Zeros), ... Thanks UCSB! Good times!
I'm going in my second year in econ this August. I really loved this video.
I am 4th year already and my thesis was waving at me I don't know what to do *cries infront of methods*
3rd year now?
@@clarissapretila8105 graduated?
@@thiagogregory1 yes I am
@@clarissapretila8105 I checked your LinkedIn. I'm so proud of you
There’s a reason why this video has no dislike as I write this comment. Overall great video!
Econ 10A is also required for Accounting
Dude this is actually super helpful.
How hard econ is... It's very hard but it's an opportunity cost of letting not taking it. And, I just think to be lucky unlucky for being econ major
Idk if you'll see this comment, but worth a shot. I'm a pre-econ and accounting major, first year, and taking all online courses. Would you recommend taking Econ 1 and 3a in one quarter?
Thanks for this video btw, really helpful
Hey Ashton, I really appreciate this video.im most likely going to transfer here for econ so very eye opening!
Hi, I’m an incoming freshman for economics. I just had a quick question. Do I need to have Calc II finished before I enter UCSB in the fall? I’m in Calc BC right but I want to redo Calc II in college since I’ve struggled a lot this year.
what happens if you don't meet the gpa requirement to enter the major? do you just have to choose a different one.
@@moose5951 omg, i might cry if that happens
Would you recommend taking 10A in the summer?
one of my buds took 10A in summer and said he thought it was an amazing idea! Easier to focus on the hard material because not the distractions from the normal school quarter
LOL...."Econ acctg major ..something for you mom"...Econ acctg majors are highly respected by Big 4 acctg firms. They aggressively recruit econ- acctg majors. It's also worth noting, econ acctg club is very organized and has numerous networking events to meet recruiters. There's also opportunities for summer internships for econ acctg majors. Internships are extremely important in order to find your first job after college.
Of course, in order to have a shot of getting hired at the big 4 accounting firms, you need at least a 3.3 GPA or higher (if not a 3.5 or better), you need to have couple of months of internship experience (at least 3-6 months or more), some extracurricular activities, exceptional knowledge of computer software (e.g. Excel, Peachtree, Quickbooks, etc.). and a strong network and you need to write a decent cover letter and resume. If you do not have all these things working your way, good luck getting hired by any of the Big Four accounting firms. F.Y.I., for the experienced accounting positions at the Big Four, you might even need to get a CPA license. My mother used to work for one of the Big Four accounting firms (Ernst and Young to be more precise) in the 2000's as an Auditing Manager/Senior Auditor before she lost her job in the late 2000's (2009 to be precise) and before having a mental breakdown in the early 2010's. She is now retired. And the job description for that job required a CPA license on top of other requirements (e.g., 5 years of Auditing Experience and expert knowledge of Excel, Peachtree and Quickbooks and of course of a Bachelor's degree in Accounting [MBA in Accounting preferred]). Note to self, my mother got her MBA in Accounting (graduated with Honors) at UCLA and CPA in the mid 1980's and my mother earned her Bachelor's in Accounting (graduated magna cum laude) in the early 1980's.
@@123ucr Big 4 minimum g.p.a. is 3.7 to be considered for employment. Please don't give false hopes to students by stating a 3.5 will get you in the door.
@@thatgirl952 ---Actually it is possible to get into the Big 4 with a 3.3 to a 3.6 GPA but very difficult. Plus, you probably need to get a CPA license to work for the Big 4. I had a friend who graduated from UCSB a couple of years ago with an Economics and Accounting degree and he had a 3.5 overall GPA and a 3.6 Accounting major GPA and earned a CPA license and used to work at Deloitte for 2 years until he was laid off during the pandemic. Plus, he did network his ass off in order to get into Deloitte (He knew a few older friends/alumni from UCSB). So, yes it is possible to get into the Big 4 with a GPA lower than a 3.7 but difficult. Note to self, 3.7-3.8 GPA is the average admitted GPA into the Big 4.
@@123ucr Times have definitely changed! Not sure what your source of information is, but I have a family member that is the #1 Partner (both in California and Nationally) at one of the Big 4. We reached out to him in May for guidance on the best UC for our daughter, who selected UCSB and will be entering as a junior this fall as an Econ and Accounting major. He reached out to L.A. partners and the head of their H.R. department for California. To clarify your note, if you are seeking an internship or are a recent grad, NO Big 4 firm will hire you with less than a 3.7 in the current environment, and there are no exceptions to that. If, however, you have less than 3.7 you will need to get your C.P.A. license through a non-Big 4 firm, and then you might be able to be picked up by a Big 4 firm after you become a C.P.A. That said, the economy is fluid and things change. Back when I graduated it was shifting from the Big 8 to the Big 6 and you couldn't even get an interview without a 4.0 g.p.a. As I previously wrote, things change continuously, and I hope that all grads find employment!
@@thatgirl952 --- If you are in a top tier or an extremely competitive university like UCSB let alone UCLA or UC Berkeley or the Ivy Leagues or Stanford, you need a 3.5 GPA or better to be considered plus a decent cover letter and some outstanding internship experience for the Big 4. If you have that kind of GPA, you are in good shape. But, if you went to a mid tier university such as UCR, SDSU, UCSC, U of Arizona or Oregon, or an equivalent or lower tier university (e.g. University of Phoenix, SJSU, UNLV), you will need a 3.7 GPA or better. Now why is that? Because the top tier universities have higher grading standards than mid and lower tier universities.
Plus, a 3.5 GPA at a top tier university will tell BIG 4 employers that you have come prepared for the rigors of accounting and finance jobs at the Big 4 firms because you have been challenged to high standards and did well under stress. Here is the link to prove my point: forum.another71.com/far-cpa-exam-prep-test-day-experience/financial-accounting-reporting/topic/can-i-get-a-big-4-internship-with-a-32-32-gpa-but-a-38-in-my-major/
A good bill for Congress from the Professors at University is to award all employees, employers, self employed, government employees and military personnel anywhere between $400,000 and $3million in a lump sum from Uncle Sam after 120 months of full time work, part time included in the total, regardless of number of employers worked for, for the citizens business start-up or already existing business. This is a Grant, not a loan. The printing and issuance of money is validated by any legitimate labor and production for society. The dollar amount issued will be determined by the size and scope of the business, plus education and work experience. The citizen or perminant resident must spend at least 65% of funds allotted on their business or business related items. Another good bill for our U.S. Congressman is a Constitutional Amendment limiting total taxation of federal, state, and local taxes combined of no more than 10% , including federal income tax and state sales tax. Social security would be excluded and remain at 6.2% and 1.45% Medicaid. For most of the 1800's in America, there was no federal income tax and no state sales tax. Currently there are 5 states with no state sales tax. Also a bill to mandate 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.
Not a college student. Doing research for son who will graduate HS 22. What does “major is impacted” mean?
an impacted major means that its really high in demand, so there's a lot of students trying to take those major classes. But the university can only let so many students in each year to remain prestigious, so there's more requirements to complete the degree
How much more complex are the economics courses compared to highschool AP Econ classes?
If you are talking about the introductory Econ classes, Econ 1 and Econ 2, I would say the difficulty of AP Microeconomics and Macroeconomics to UCSB Econ 1 and Econ 2 are about the same. But, if you were taking course Econ 3A, 3B and Econ 10A, then I would say it is harder than your AP Econ classes. Also, the academics at UCSB especially for Economics and/or Accounting is competitive. If you are not in the top 50% (e.g. at least a 2.85 GPA or better) of students who want to become an Economics and/or Accounting major, good luck graduating with that major because the Econ Advisors will not let you graduate with this major because it is highly impacted. FYI, I did graduate from UCSB but I know a friend who did graduate with an Economics and Accounting degree at UCSB and used to work for Ernst and Young, one of the Big Four Accounting firms. Me, I graduated with a degree in Economics and a concentration in Mathematics at UCR in 2015 and used to work for an Insurance and Financial services firm as a recruiter and a salesman. Of course, I now work as a sales consultant for HVAC/ (Heating and Cooling) systems and for Solar Panels and could make a good amount of money doing what I do assuming I know what I am doing. Note to self, it is commission based.
Wait are they married?
Oooowww he said "housemate"... i heared husband😂😂