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sakky, do you know how many premed students actually become admitted into med school from berkeley each year? i think that would be interesting to know, as the weaker salary listed for bio-majors may be attributed to a "stepping-stone" period between graduation and admittance into med school?
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<p>I'd thought about that before, but I think that's really neither here nor there, for the real issue is how the employers value certain majors, as evidenced by how much they pay. After all, I think nowadays, most employers understand that any new employees they bring in right out of undergrad are highly likely to end up leaving after a few years anyway, whether to take a job at some other company, or to go to grad school or whatever. The whole notion of lifetime employment - or even 'long-term' employment -is an artifact of our parent's generation and has little relevance in today's economy. Hence, what the employer really cares about is the value you bring to them right now. Surely, biology students, just like anybody else, likes money (who doesn't?), such that they will choose a higher salary over a lower salary, all other things being equal. Yet the fact remains that, for whatever reason, the bio grads end up with significantly lower salaries than the biz grads.</p>
<p>In other words, let's say that you're right and a lot of bio grads take low-paying jobs because they're using them as stepping stones to med-school. But that just begs the question of why those jobs are so low-paying in the first place, as you would expect that if their skills were highly valued by employers, then they would bid up their salaries accordingly. </p>
<p>One can also look at it the other way. Many of the Haas biz undergrads are probably looking to get MBA's later, and employers should know that. But that doesn't stop them from paying them quite high salaries. Ibanks and consulting firms, in particular, are noted for notably large pay packets to their undergrad hires despite knowing that most of them are going to be heading for MBA programs after a few years. So that begs the question of why that doesn't also happen with the bio grads if they really are so highly valued by employers.</p>
<p>Now, obviously, money isn't everything. I certainly agree that many people will take lower-paying careers that provide better working conditions and/or more meaningful work. Heck, I have done so several times myself. I would also suspect that a biology job probably involves fewer working hours and hence a higher quality of life than the typical Haas undergrad job. </p>
<p>But I don't think that's what the OP is talking about. The OP seems to be talking about just job prospects, period. He's not talking about the meaningfulness of those prospects, or their quality-of-life.</p>
<p>Therefore, if you want to major in biology rather than Haas biz because you think that biology will provide you with a more meaningful and fulfilling career (in the way that you personally define 'meaningfulness'), or provides a better quality of life, then that's perfectly fine. But I think that's a different question from whether biology really offers better overall job prospects than does Haas. At the end of the day, it is undeniable that Haas students receive jobs that, if nothing else, are notably high paying. Maybe those jobs are soulless (i.e. Ibanking), maybe those jobs require ridiculous working hours and hence a low quality of life (i.e., again, Ibanking), but nobody can deny that they pay extremely well. </p>
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n the general sense, how would a student pursuing the path of ugrad business -> mba compare with a student pursing the path of ugrad engineering -> mba in terms of marketability to employers? or is it by the time that you receive an mba what you have learned in ugrad is nothing compared to the work experience after graduation?
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<p>The truth of the matter is, after you get an MBA (presumably an elite MBA), your undergrad degree probably won't matter very much. Much of that will be attributable to your own personal desires: once you obtain an elite MBA, you're probably going to want one of those typical MBA-type jobs, such as finance or consulting, in which your former undergrad background hardly matters. At every elite MBA program, a strong majority of graduates will take jobs in finance or consulting. </p>
<p>Now, if we're talking about a non-elite MBA, then that may be a different story, as a non-elite MBA may not provide you with strong opportunities such that you may still end up in the same career track that you had before you got the MBA. For example, if you were an engineer before and you get such an MBA, you may still be working as an engineer; maybe you'll be promoted to senior engineer, but you'll still be an engineer. But of course that begs the question of why did you even get that non-elite MBA at all if you were just going to end up in the same career track you were on before. {Although, in fairness, if your employer paid for it, then it may be a good deal.}</p>