Business Major vs Economics Major

College Majors Business Major
21

Thanks for your explanation @happy1.

22

I am a freshman at Fisher College BSBA program, Econ major.

  1. Should an undergrad head into MBA program right after finishing UG or gain work ex of X number of years before going for MBA (this option seems more justifiable since for enriched MBA experience bringing in work ex would add value during admissions and also during classrooms discussions)?

  2. If heading into MBA right after UG is not advisable then why do colleges like Kelley School of business have a 3+2 program? Do graduates out of 3+2 programs gain the added advantage to accomplish their career goals? Are these types of joint programs advantageous? If yes, then how?

23

A lot depends on what the school is looking for in an applicant, what type of pedagogy is used (theory, case study, a mix of the two?) and whether the student already has an undergraduate degree in business. Kelley’s 3/2 program is all business, correct?

24

@JBStillFlying - https://kelley.iu.edu/3_2MBA/Admissions/page29973.html

For someone with undergraduate degree in business, what would be the best option, in terms of continuing higher ed or go for work ex then higher ed?

25

So it appears that Kelley’s 3/2 is a highly selective and specialized program open only to a few dozen exceptionally focused and talented finance and accounting gurus. In that situation technical expertise is a HUGE factor both in admissions and in the types of positions those individuals are seeking. Keep in mind, too, that those accepted undergrads are probably already going to have had some work experience in the form in internships on Wall St, or a CPA firm, or a Fortune 500, etc. as well as lots of leadership opportunities through their volunteer work and similar. They might be weighing offers from top firms already so are on the fast track to management. Most importantly, they seem to know exactly what they want to do already. If that sounds like you, then go for it. If NOT for you, then keep reading:

Most graduate business programs benefit from having students with a wide variety of professional experience. If you are already in an undergrad. b-school program, you may not need the same amount as someone who graduated with a liberal arts or engineering major simply because you have covered some of the concepts and had the business internship opportunities as an undergraduate. Most kids graduating with a BBA or BSB don’t go right on to grad school, although many in the top programs eventually do go on to do grad work (MBA, law, doctorate in business, public policy, etc.). The work experience adds maturity and perspective to your resume, even if you have a lot of technical expertise that you can contribute. Don’t go out and work simply because you think it’ll get you into a good grad school program - do it to figure out what it is you want to do. Try new stuff, new industries, etc.

Good luck to you!