Economics vs Business Administration

<p>Pros and Cons plz.
For business administration: option in finance or accounting?</p>

<p>Depends on what you want to study. (or more like what you prefer to study)
I took Econ. and Bus. classes (including two accounting classes), and I realized that
Business is something I want to study more in-depth.</p>

<p>I was in same position as you two years ago. </p>

<p>And aren’t you going to be a Junior soon? I’m surprised that you are asking this question.</p>

<p>@caboy26 like right now im currently aiming for economics but im kinda reconsidering. I am a junior and i’ve finished prereqs for both majors. Frankly, im really interested in both of em equally. If u dont mind me asking, why did u prefer business over econ?</p>

<p>Well first of all, I want to become a CPA; I thought majoring in Business Administration and specializing (concentrating) in Accounting would help me better than majoring in Economics and minoring in Accounting. </p>

<p>Also, based on what I’ve learned so far, I realized that learning Business/Accounting is more practical than Economics, which is more theoretical. I’m not saying this is an absolute truth about those subjects; it’s just based on my experience.</p>

<p>I don’t mind you asking, but I feel bad that I can’t give you a clear answer. I’m just a guy who prefers studying practical subjects than theoretical subjects. (Also, my Business and Accounting professors were awesome whereas my Econ. professor was incredibly dull. After taking his class, my interest in Econ. was just gone haha)</p>

<p>I’ve enjoyed my experience with my business and accounting professors more than my econ professors. I want to become a financial analyst, so im not really sure what road to go down to. Both business admin with concentration in finance/accounting work and econ works >.<</p>

<p>I’m in the same boat as you. I also want to become a financial analyst, and thought that accounting classes are more interesting than economics, although more difficult in my perspective. I’ve been told by counselors that it will be a little easier to get a job with a bus admin degree, but im not quite sure why.</p>

<p>@rdpurplehaze r u learning towards econ over business admin?</p>

<p>Accounting majors only have the upper hand because they can apply for accounting positions while the other two majors cannot.</p>

<p>For other positions, it won’t matter what major you are. It will depend more on your work experience, EC’s, and networking. </p>

<p>Unless you doubling in computer science or math it will not matter what you choose.</p>

<p>As far as difficulty goes, I would have to say accounting is the hardest of the three. Finance and economics classes are a cake walk compared to accounting classes. The only class probably on par would be econometrics in the economics major. Other than that accounting classes are more difficult for the most part.</p>

<p>Also note that the economics department at all campus offer finance courses. So you ain’t missing out the finance by choosing economics.</p>

<p>major in whatever you want, major doesn’t matter.
what does matter
1 institution you want to
2 GPA <- yes it matters
3 work/internship experience <-probably moreso than GPA</p>

<p>If you’re interested in finance, try taking the CFA, it’s generally well respected within the financial world. If I were a hiring manager, I’d take a poli sci major with a 3.8 GPA and who is a level 2 CFA candidate over an econ major or finance major who hasn’t passed even the level 1 CFA(all else equal)
[Chartered</a> Financial Analyst - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Chartered_Financial_Analyst]Chartered”>Chartered Financial Analyst - Wikipedia)</p>

<p>@xelink, I think you need to go more in depth with your theories</p>

<p>Institution, GPA, and Internship only matter for the first few years after college until you can prove/sell yourself to the hiring manager. It is your performance, accomplishments, and familiarity with the industry and job that the hiring manager is looking for. Many students that are primarily book-smart may end up as duds just as some low-gpa student at a CSU may perform better in a work environment.</p>

<p>I understand where you come from hiring a 3.8GPA level 2 CFA candidate over an econ or finance major who hasn’t passed the level 1 CFA. I believe that is up to the discretion of the hiring manger who has many years of experience recruiting for their company. But I don’t believe you have that kind of experience, vision, knowledge to tell if a candidate would be a valuable asset just because they haven’t earned their CFA. It all depends on what position you would be placing those candidates in. With a poll sci or communications major holding a level 2 CFA, you can gather that they know a decent amount of knowledge in finance to be able to communicate with business partners or public. But, if you’re looking for an analyst, I believe that an economics or business administration major would be better fit because they have taken extensive business courses, studied real-world scenarios, studied the theories of economics and market trends, and the reality of business operations. Those are the people who major in economics and business administration. They will most likely make better judgement, provide better advice, and operate a better hands-on business. GPA and INSTITUTION DOES NOT MATTER after several years of experience. It’s how you’ve performed and what you have accomplished.</p>