So let's look at the degree plan, and we will see exactly how well A&M Econ prepares you for a quantitative career:
From the Econ Website: BS Economics
Quantitative Methods: 15 hours
CSCE 203 or INFO 209
MATH 141 or 166
MATH 131, 142 or 151
STAT 211 or 303
So let's start with CSCE 203. This is an introduction to programming in FORTRAN. If you want a quantitative career in finance, you bet you are going to need programming skills. Honestly, one class in programming isn't really enough, but at least you will have some programming knowledge that you can build off of. Programming is one of those things you can pick up yourself if you are dedicated.
Now let's look at the rest of this list. Notice that the highest level math class required is MATH 151. This is Calculus 1 for
engineers and science majors. MATH 141/142 are business math. Your necessary mathematics education for a quantitative career will leave MATH 141/142 so far behind that it is completely pointless to take them.
If you go back to my last post I mentioned you need a full calculus sequence, differential equations, and linear algebra to be competitive for graduate school. Actually, I would say you need this if you want to even attempt graduate school. So the extra courses you need on top of MATH 151 is MATH 152,251,308,323, and then a possible course in real analysis if you are getting really serious by senior year. Also necessary would be probability theory, MATH 411. After some looking, I found that the ECON FAQ section says the exact same thing I just did.
Statistics: STAT 211 is an introductory calculus based statistics class. Prerequisites are calculus 1 and 2. On top of this class you should be thinking about an econometrics course or two.
If your idea of a great job is going to Wall Street and being a Quant, then the minimum quantitative education listed in the degree plan will not get you there. If you are looking to open up as many doors as possible, then you should for sure be getting the Math minor. If you are looking at graduate school, then a math minor is pretty much mandatory unless you want to be 4 semesters behind in mathematics preparation.
Now, the idea of a quantitative job can be different to everybody. In my viewpoint, a true quantitative job will involve the use of mathematics and programming in order to solve complex financial problems. To others, the definition is different. Therefore, when you say a quantitative job, what do you truly mean by that? What is your definiton? This would help me understand things a bit better because if you are wanting a job with high level mathematics and programming along with finance, then I would recommend an applied math major.