Business or Econ

<p>Hi am a junior in hs and have been looking at colleges and stuff (mostly top 25). I initially just assumed that i woudl major in business but i recently realized that i enjoy (and am better at) english/math than soc st/science/languages. I am also very interested in business. So i was wondering if i would prefer econ which is more theoretical or business which is more practical. I know its hard to tell me the answer to this but i was basically just wondering if most business majors enjoyed their hs soc st./science/language courses.</p>

<p>There's not a general way to characterize "business" because it can range from business statistics (which is very mathematical) to management (which is like social science). </p>

<p>I think the bottom line is that you'll enjoy econ more if you look at college as somewhere to develop intellectual ability whereas you might prefer business if you look at a college as a preparatory ground to your career.</p>

<p>The subjects you mentioned are worthless prereqs that noone wants to take but have to in order to get a degree. They have nothing to do with your passion for a particular business subject. </p>

<p>My question, is how much do you like economics? If you haven't taken an economics course, you will probably have to take at least 2 in order to get a business degree. I took 3 economics courses and i hated it. If you really enjoy it, then there is nothing wrong with an economics major. If you don't enjoy it, go with a business major. </p>

<p>Some business majors require more math )(finance/accounting) and some require next to none (MIS, Marketing, management).</p>

<p>However, social studies, foreign languages, and science will more than likely never be used in your schooling/career again.</p>

<p>i know that you can major in economics applied to business and its a good way to get a jump start in a company if your looking to get into management. im currently thinking about doing this and have the same interests/quests as you.</p>

<p>Business and econ degrees are merely factors in determining your level of aptitude for business. Generally, a higher gpa would help HR with hiring decisions. What you learn after school and use is what matters. If anything, you're going to meet engineering, mathematics, and liberal arts majors who entered the business workforce by developing a great resume while in school. </p>

<p>What do you want to do?</p>

<p>If accounting or marketing or finance is your ultimate goal, then choose accordingly such as an accounting degree/minor that helps you with the CPA exam. Or a psych or marketing degree. Or a finance/econ degree to help with understanding a marketplace and companies. You can do economics and end up in marketing but I would suggest doing a double in econ/psych. And you could end up in finance with an accounting degree and vice versa. </p>

<p>Just study what you're most interested in and spend time outside of class trying to build a decent resume(ie summer internships, small businesses, contacts, references from bosses and clients)</p>

<p>i know for me that i dont know what i want to do specifically in business, and im figuring that things will jump out at me if im doing econ focussed on business (like finance/accounting etc.)</p>

<p>If you like both business and econ, i suggest business econ. Most schools make it like a 60-40 relationship, 60% economics, 40% business courses(from a business school). So its like an economics degree with an specialty in business(4-5 upper level courses in accounting, finance, or marketing etc).</p>

<p>I would advise you to go with economics as it's kind of useless to get an undergraduate business degree if you really want to pursue business in the long run. This is because you'll probably end up getting an MBA if you really want to continue in the long run. </p>

<p>That being said, I personally feel that the undergrad years are the time to expand your mind and sharpen it. Not to sound corny, but accounting techniques and fluffy courses like "presenting yourself" can be picked up relatively quickly. IE: in investment banking once you secure the job or summer role, you pretty much just use what you learned in training (as opposed to what you've learned in school). Of course what you've learned is pretty important too and will probably make you better at say, using MS Excel to do a DCF analysis. But at the end of the day there's a reason there are VERY FEW CEOs of major firms that were undergrad business majors. There are more notable economics majors and even more notable engineering majors. So go with the rigor and actually learn something in undergrad. The management / practical side can be obtained on the job or in grad school as long as you go to a decent undergrad.</p>

<p>Actually a large number of CEOs were business majors ug. Not the majority but the largest single major.</p>

<p>Making a decision like this is impossible if you don't look at the specific programs. Studying business at a top program (Ross, Stern, Wharton, Sloan etc.) would be an amazing experience (while you can still minor in econ). </p>

<p>On the other hand, studying economics at a top econ program would also be very rewarding. </p>

<p>The truth is that you should study whichever subject you find most interesting. You can always minor in whichever subject you decide not to take (i.e. at NYU you can major in econ at CAS and minor in pre-business in stern. you still take the core business courses but focus your coursework on economics). </p>

<p>Bottom line is you should make your decision based on each individual program (i.e. based on the schools that you are admitted to). Don't worry so much about your major just yet, focus on which school you like the most.</p>

<p>Yeah definitely choose what you like better. It won't really affect the opportunities you have after undergrad. The only real difference in that respect would be with business your department will probably be more aggressive in advertising their program and students to industry; with econ if you're good you have the option of finding work or going on to graduate school) I started out as a business major. Then I had my first course in economics and found it waaaay more interesting, so I switched majors and never looked back.</p>