<p>Heelllo! Thanks for reading my question!
So, I am a rising senior and I am looking for colleges , good biz programs etc.
I LOVE the business world, and I actually currently own a for-profit organization. </p>
<p>I want to end up with a MBA from Wharton, Sloan, or somewhere of the like..
My question is what is the difference between these majors, </p>
<p>business management, biz admin, entrepreneurship and/or econ! ?</p>
<p>Also, I know that you don't have to go to undergrad biz to apply for biz school. So, someone told me to major in Econ then go to grad b-school.
Is that true? </p>
<p>Any real-life suggestion or advice? :)</p>
<p>Thanks in advance!</p>
<p>business management and business administration are typically the same thing. It’s a mix of accounting, econ, marketing, management, finance, hr, maybe MIS. </p>
<p>Entrepreneurship programs have a programmatic focus on start ups, and might focus more on venture capital, risk taking and risk management, small business management, business research and planning, etc. It is often based on a business admin core.</p>
<p>Econ is the social science of allocating limited resources. Microeconomics is the study of how individual persons and companies interact and make decisions. Macroeconomics is the study of larger allocation systems like state and national markets. Tools from econ are often used to understand how human systems work; for example, does higher education provide a net benefit to the student, to society, to both, or neither?</p>
<p>I majored in business and computer science as an undergrad. I took enough econ to have some tools in my belt. I ended up using some econ methods in my doctoral dissertation. Business doesn’t really have much in the way of methodology, but it does have a ton of practical knowledge that has come in handy. </p>
<p>Personally I’d go econ undergrad and a business specialty for MBA if you were deciding among biz, entrepreneurship, and econ for an undergrad major.</p>
<p>^^^^^^
Thank you! Bookmarked for DS, who is interested in business.</p>
<p>Thank you! That was so helpful! (=
I really appreciate it!</p>