I am currently an undergraduate student and want to know if my profile is good for getting admitted into PhD programs. If not I would like to know where I could potentially get a masters to make me more appealing and if so I would like to know where would be good places to apply:
Current majors: Mathematics and Quantitative Economics
Minor: Biology
School: Medium Size State School in Alabama (regionally known in the southeast, not really outside of it though)
CuGPA: 3.53 (I was a biology major, which I hate, and that is what is killing my GPA)
Economics GPA: 3.9
Math GPA: 4.0
Relavent classes I have taken: Advanced Micro and Macroeconomics(As in Both), Game Theory(Only B in economics), Behavioral Economics(A), Finance(A), Business Statistics(A in two seperate courses), Calculus 1,2, and 3(As in all three), Differential Equations(A), Mathematical Modeling(A), Vector Analysis(A), and Linear Algebra(A).
Classes I will have taken once I apply: Econometrics(with STATA tools integrated), Probability, Financial Mathematics(This is an abstract math course applied to finance. Teaches Black-Scholes, stochastic modeling, etc.), Partial Differential Equations, and Advanced Calculus(basically undergraduate Real Analysis).
Classes I will be taking when I apply: Mathematical Statistics, a masters level probability course, Economics: Institutions and Law(Teaches basic theories dealing with public policy and incentives), and an Abstract Algebra Course.
That is my basic profile as of now. I have one year left in my degree and all of the classes that I am taking in the fall are in the second list and all the classes I am taking in the spring, when I plan to apply, are in the third list. I will also be doing a little econometrics research under a professor in the fall and presenting it in the spring, but that research will probably not be finished by the time I apply to graduate school. I currently have a solid rec letter from one economics professor, probably a solid one from a math professor, and no one for the third rec letter in mind. My current options I am considering are:
1. Apply and go to a PhD program right now. The problem with this option is that I know I could probably get into a program if I applied, but I would like to get into a top 30 program, so I am essentially wondering what my chances are of that based on my profile. If I could go this route it would be preferrable because it involves fewer student loans.
2. Go to a masters program. If I go to a masters program before PhD I would like for the masters to be in something I could very easily apply to the private sector (i.e. not a masters in Economics) so that if the PhD does not work out for one reason or another I have a fallback. The programs I have considered are Masters in Actuarial Sciences, Masters in Public Policy, Masters in Probability and Statistics, etc. If I were to go the second route I would like to know which masters programs I might be eligible for and which masters programs would look best for a PhD in economics admissions board.
I know this is a lot to swallow, but I would appreciate any feedback that anyone can give.