Member of the Month

hi_vis360
November, 2024

Online

Welcome to the Newschoolers forums! You may read the forums as a guest, however you must be a registered member to post. Register to become a member today!

'nother major thread. Econ vs Business Administration.

profile picture
ESAND
Posts: 1607 - Karma: 744
I'm hopefully looking for some advice from someone who's had to make this decision.

Right now I work in the financial services industry (private equity) and I love it. I find all of it fascinating, especially risk calculations.

Here are the pluses and minuses as I can see them.

It seems like econ might teach more valuable "hard science" skills. Which really need to be learned in a classroom vs a lot of "business" skills which can be picked up on the job.

Everyone and there mom has a business degree.

I'll probably end up going for an MBA (but who knows right now) down the road, seems like a business bachelors might make for a bit of redundant instruction.

Downsides of an econ is that I have no interest in academia nor policy which seems to be where this degree leads.


So, anyone been in this situation? Anyone currently in this situation? A quick google search shows that I'm miles away from being the first person to ask this question.
Aug 5 2010 6:21PM
0 0
profile picture
nickyp
Posts: 5673 - Karma: 215
An MBA at a decent school would be best for you. As much as I'd love to push you in the direction of Econ, it probably wouldn't be the right thing for you, especially if you already have experience in PE.
Aug 5 2010 6:24PM
0 0
profile picture
0ptions
Posts: 2198 - Karma: 60
Why don't you double major if they both interest you? But definitely get your MBA as long as its not from some shitty school.
Aug 5 2010 6:29PM
0 0
profile picture
ESAND
Posts: 1607 - Karma: 744
I'm going to bump this because I'm still wrestling with this one. I've been doing a lot of reading and I'm still not sure. A lot of the information on the internet is really generic and not all that helpful.

I'd love to hear from anyone studying or who has studied one of these two.

BSc vs BA
Aug 17 2010 5:55PM
0 0
profile picture
molsongolden
Posts: 1649 - Karma: 162
I doubled in Econ and Business Management and there is a bit of overlap. I think the Econ degree differentiates you a little more than a business degree. If you are definitely going for an MBA then do the econ undergrad and MBA. I want to get an MBA but I'm waiting a few years. I actually ended up in accounting.
Sep 1 2010 2:35PM
0 0
profile picture
Barefootin_Fiend
Posts: 7618 - Karma: 4,727
what kind of work do you want to do?
Sep 1 2010 2:51PM
0 0
All times are Eastern (-5)