<p>If one wanted to pursue business in grad school, should one major in something with a broader scope like economics?
And are those who major in business during undergrad those who do not want to continue on and obtain an MBA?
Thanks</p>
<p>No, you pursue a major that interests you. And No.</p>
<p>A lot of BBAs get MBAs, but you get a BBA because you know you want to study business and grad school plans really have nothing to do with it.</p>
<p>I would hope not!</p>
<p>I always thought an undergrad B-degree was the best steppingstone possible for the coveted MBA. Am I wrong?</p>
<p>Yes, people who major in business never go to grad school. Who ever heard of Wharton, MIT Sloan, Michigan Ross, Cal Haas grads going to get their MBAs later on to further their career/expand their network? Who ever heard of accounting majors pursuing master of accounting degrees?</p>
<p>oh wait…</p>
<p>Many MBA students are non-business majors–lots of engineers actually. The key to a good MBA program is work experience and GMAT score.</p>
<p>"Yes, people who major in business never go to grad school. Who ever heard of Wharton, MIT Sloan, Michigan Ross, Cal Haas grads going to get their MBAs later on to further their career/expand their network? Who ever heard of accounting majors pursuing master of accounting degrees?</p>
<p>oh wait…"</p>
<p>okay…thanks.</p>
<p>One thing that makes a big difference is the business degree you get as an undergrad, bba vs bs. BBA programs more resemble MBA programs than BS degrees. Most ppl do go back and get their MBA because most companies require it at some point. Some ppl use it as a career changer to change from lets say finance to marketing. Their is also a large increase in masters of finance or masters of a specific subject, which are becoming more popular, which get you the master degree you need in your interest area and you don’t need to retake many of the general business courses.</p>
<p>“Yes, people who major in business never go to grad school. Who ever heard of Wharton, MIT Sloan, Michigan Ross, Cal Haas grads going to get their MBAs later on to further their career/expand their network? Who ever heard of accounting majors pursuing master of accounting degrees”</p>
<p>What are you talking about!!! People who have undergraduate business degrees NEVER pursue a MS or MBA!!! Are you kidding??? Maybe for people who graduated from MIT, NYU, Wharton it is not necesary to get masters, in order to get a decent job, but for those who came from mid schools or low, a masters degree or MBA is needed. Definitely, if you want to stay at the same level, with the same salary,then you don’t need any further studies. Nowadays, if you want to move to the upper level at any job, you must have a graduate degree or at least professional certifications, such as CPA, CFA, CMA and so on. You also said that accounting majors do not pursue a masters degress…
OMG this is endless ball**t!!! THE MAJORITY OF PEOPLE ARE GETTING MASTERS IN ACCOUNTING right now, because it is recommended for those who want to be CPA certified. I’m an accounting major myself and I know that.
And thats true, that usually people get MBA degree when they have bachelors in other field, not business. MS is for people, who already have a business degree.</p>
<p>Harmonium, I would not recommend you to pursue a bachelors in Economics in this type of economy and if you don’t want to get a MS and Ph’d in economics then DO NOT select this major because Economics is a type of major which requires an advanced degree, without an advanced degree you will not get anywhere and you salary will be 35000-45000 per year, IF YOU WILL BE ABLE TO FIND ANY JOB!!! It is much better to have a specialized degree as your bachelors, such as accounting, finance, even marketing, and then get any masters degree that you want, or an MBA degree.</p>
<p>to toshtemirov:
Hey you seem like you know what you’re talking about so I just have a question for you since I am struggling in deciding what major I should pick.
I’m currently a Business administration major with a concentration in finance (this is how my school does it) and I am planning to get either an MBA or Masters in Finance (whichever one is more valuable).
But I’ve been hearing that an undergrad economics major with an MBA is more valuable than the path I’m currently taking. Is this true?</p>
<p>xhongxkongx,
- Personally, I don’t think that major in economics is better than major in finance. Today, if you look at all job websites and careers that are in demand, you will notice that finance is much better. Accounting and finance majors are in a big demand at any time, even during the recession. Soon, as babyboomers will be retiring, there will be a big need for personal financial planners and analysts.
- I briefly explained above what I think about an economics. What about an economics + MBA?
Well, in order to apply for an MBA program, you will have to have a working experience (3-4 years) What do you think you are going to do during these years? It is very hard to find an economics job with just a bachelors degree, even if you will, the salary is very low. With a top MBA program, nobody will really care about which bachelors degree you have. - MBA vs MS?
I don’t think anybody can answer this question. It’s all depends on you!!! As for me, I’m not going to pursue an MBA degree, for it’s going to take me 4 years part time and before that, I will have to have 3 or 4 years of working experience. IT WILL TAKE ME 8 or 7 YEARS!!! ARE YOU KIDDING ME?
I just might get simply a masters degree or a double major and get certified, either CPA, CMA, CFA etc. I might even say that professional certifications are better than graduate degree. So, if I get certified first, I may not pursue a masters degree at all.</p>
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<p>Chill with the caps lock bro. The key to my whole post was “oh wait” (aka not serious)</p>
<p>Thank you for your feedback Toshtemirov. I’ve actually been struggling with this conflicting decision for a while now, but after hearing what you have to say I think I know which path I should take now. Thanks again, I really appreciate it!</p>
<p>Would anyone know the following about business students?</p>
<p>1) How many students would have the opportunity of working for IRS?<br>
2) How many students would work a few years and then pursue a law degree before working for IRS/SEC? I would think that a lawyer with in-depth accounting/tax background would be a plus for this kind of jobs.</p>