<p>I was searching around the forum and I stumbled across a thread ("Which is better Finance or Management?" started by Dbate) and it brought a new whole perspective onto what I had planned.</p>
<p>Originally, I decided the best step to take would be to major in business or international business and then a MBA right aftr. But apparently that's not the best choice to make (according to NYT and the people on the forums).</p>
<p>Basically, I have no clue what to do anymore. I want to get a high paying job that would require a fair amount of traveling. Right now I'm not sure what's the best step to take. Should I major in economics, international business, or a totally different major and head for a MBA?</p>
<p>Opinions anyone?</p>
<p>P.S. I'm an '08er and I don't know if I should change my majors to the colleges I haven't submitted my apps for yet (CMU, NYU, Dartmouth, Duke).</p>
<p>Just go to the most prestigious college possible (In your case Dartmouth), major in econ or IB (if there is no finance).</p>
<p>Get a GPA above 3.5, do some decent ECs, then do internships during your summers, especially the summer after your junior year.</p>
<p>Get a job in Investment Banking or Management Consulting (depending on what you want), then get an MBA 2 years later, preferably at Harvard, Stanford or Wharton. After you get your MBA, either go back into Management Consulting or Private equity (whichever your prefer).</p>
<p>Remember that Private Equity/Investment Banking pays more but Management Consulting Travels more.</p>
Apparently getting an MBA isn't always more profitable, in fact it might make employers doubt your credibility? The people in the other thread also advised against it.</p>
<p>I'm not interested in U Penn. I don't like the program, and I do believe it is over rated, just like most Ivies these days.</p>
<p>At Duke and Dartmouth there is no business major, as you probably already know. But both can get you into ib and consulting.</p>
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Should I major in economics, international business, or a totally different major and head for a MBA?
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<p>You'll need work experience for your MBA. It's not something you should do right out of undergrad. As far as the major, it depends on where you go to school. At Duke or Dartmouth you would major in econ or something else. It really doesn't matter that much. But any business concentration at Stern or CMU would work. Do what you like.</p>
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Apparently getting an MBA isn't always more profitable, in fact it might make employers doubt your credibility? The people in the other thread also advised against it.
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<p>I can understand that an MBA might not always be profitable; however, I seriously doubt that it would make employers doubt your credibility. That just seems ridiculous to me. How would an MBA from Tuck or HBS make someone doubt your credibility?</p>
<p>If he were looking at someone who went to Harvard Business School after the two-year analyst program at Goldman, Id be suspicious, he says. Id be saying, What was it you were doing wrong that you couldnt get a promotion at Goldman or did not pursue an opportunity with a private equity or hedge fund?
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<p>All my assumptions are based off of that article.</p>
<p>Oh, by the way, Dartmouth has a business major.</p>
<p>I'm more interested in how my major as an undergrad would affect my future career, and which paths I should take. For example, which type of job do you think would be more suitable for which ever major.</p>
<p>I'll be honest, I'm not big on numbers and statistics. I'm more into the communications aspect of business. Like making deals and establishing relationships.</p>
<p>To give you some info that you are looking:</p>
<p>Your major matters less for jobs in IB and Consulting as long as you have a high GPA and a degree from a prestigious school. Fore example, a 3.87 GPA art history major from Princeton might have a good shot at McKinsey. If you go to Tepper or Stern, major in finance. At those schools a Finance degree would give you the most opportunity. In general, your major matters a lot less than most people think.</p>
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I'll be honest, I'm not big on numbers and statistics. I'm more into the communications aspect of business. Like making deals and establishing relationships.
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<p>You might like UNC a lot more than CMU. To my knowledge Tepper is very quantitative and Kenan-Flagler focuses on soft skills.</p>
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All my assumptions are based off of that article.
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<p>Never base your entire opinion off of one article.</p>
<p>Hmm. How about economics? I think it might be a little more suitable personality wise for me. What do you think?</p>
<p>And I understand that CMU is very quantitative, I'm good with data and numbers, I just don't enjoy it. I'm a money person. I'll do what it takes to make the most of my job, financially that is.</p>
<p>And I understand my assumptions are a bit juvenile. Which is why I'm asking the forum for their opinion. </p>
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**Background
A financial background is not necessary. Whatever your discipline or major, we encourage you to apply, provided you share an interest in the financial markets and have demonstrated strong academic performance and professional drive.
<p>I'm pretty undecided about what job I'm aiming for. I was thinking of weighing the pros and cons after I had a taste of what their like. </p>
<p>I do have a pretty juvenile goal, which I've had since I was 11 years old; to be a CEO of a well known company. How I get there is the problem. :|</p>
<p>Hahaha! Well, I need to start somewhere. Personally, I wouldn't look into starting my own business until I have secure financial backing. Loans = </3.</p>
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Start your own company. Pay yourself high salary and call yourself CEO. People do this all the time.
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<p>Haha, Damn Skippy. </p>
<p>If it were me, I would get a job in VC. I would make a lot of money there, and learn what makes companies succeed as well as how to get financial backing. Then I would start my business.</p>