Is a degree from an undergrad business school worth it in this economy?

<p>majoring in finance, accounting, marketing, MIS, etc.. </p>

<p>what do you think?</p>

<p>Better than an English degree. Top b schools are placing about 80-90%+ in good jobs right now. Good ones around 60-70%. That’s MUCH better than most other majors outside engineering and computers.</p>

<p>The economy will turn around at some point. Speaking as an accountant, there will always be jobs in the accounting/finance field, so yes I would say it is worth it.</p>

<p>great! i’ve been hearing some conflicting advice. i plan to go to a solid school and hopefully do a double major in math (if i can handle it =])</p>

<p>I’m not a big fan of a bachelor’s degree in business administration. I’m not sure it qualifies you for a better job than, say, a BA in economics, math or statistics. An accounting degree, on the other hand, definitely qualifies you to start in on the accounting track.</p>

<p>Then again, I’m not a hiring manager looking for freshly minted BA graduates.</p>

<p>finance, accounting: YES. </p>

<p>Marketing, MIS, hmmmmm. (Comp Sci would be more readily marketable than MIS, I would think.)</p>

<p>My daughter is thinking of accounting. My nephew and niece majored in business/accounting/finance and have always worked. I don’t think it’s a bad major at all.</p>

<p>Depends on the school. Depends on how well you do. Depends on how much debt you take on and how much money you’ll need to make to start paying off your loans. Depends on the opportunity costs of NOT majoring in linquistics or philosophy or urban planning or political science or whatever it is you might truly love vs. majoring in accounting for the sake of getting a job.</p>

<p>Too many variables without more information.</p>

<p>I agree with the last post by blossom - especially the bit about subjects that one is really passionate about versus a subject that might bring in the bacon but doesn’t feed your soul or life’s purpose.</p>

<p>However, keep this in mind - the growing norm for business jobs is having prospective employees with an undergraduate AND a masters degree. The competition is rough now and is only going to get more so. But fear not - some of our family friends’ kids have gone through a liberal arts college/university and then went to get their MBA and it worked out well for them, so it is possible to NOT have a business foundation yet still go into business and be successful. As for if those aforementioned kids, we’ll see if their combined degrees fruit them any good jobs - keep you posted!</p>

<p>My niece had her employer foot her masters bill, but she owes them 3 years or has to pay it back. Her “passion” is to open a wine shop or cafe one day, but she realizes she has to have knowledge and savings among other things.
My nephew never got his masters but is making a good steady livng, working at a large utility company. It’s not his dream job, but he has what he feels is a good salary for one or two people, insurance and a nice environment. Sometimes you can’t have everything.</p>

<p>My daughter said if we were rich, she would follow her passions, but she could still take classes in things she enjoys and will probably continue to do that as an adult if she can.
Maybe she will change her mind, it’s her path, but she has seen so many unemployed grads that loved their 4 years, but aren’t ready to go into many areas, some are returning to school.
If you can balance both, that would be perfect.</p>

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<p>My son just landed an excellent corporate job for post-graduation over many business majors. He’s an English major.</p>

<p>That’s great, English major/minor is my daughter’s other interest along with History.</p>

<p>Unless you got to an Ivy or other very top tier school an English major in this economy will have the odds against them, bigtime. News reports indicate many Ivy liberal arts grads are hurting for jobs this year while many business majors from good but not Ivy level schools have had decent success. Where did your son go and where did he get a job? 1 robin does not make a Spring.</p>

<p>Barrons, the job market stinks for everyone this year. The B+ accounting majors get swept up by the same lousy economy that tanks the A- engineers or the A+ philosophy majors.</p>

<p>The odds are against everyone for now. Over time, a strong student in the discipline they love where they’ve learned how to write, think, and reason, will do better than a marginal student majoring in finance or marketing who went to college to get their ticket stamped.</p>

<p>Like Dadx3, I’m not at all a fan of undergraduate business education (with a few exceptions (e.g. you really want to be an accountant). I’m a business school professor of 20 years, and have taught at a range of schools from tippy-top to flagship state. Most, if not all my colleagues, feel the same way. Expect more and more colleges however to offer an undergraduate in business because it’s an extremely popular and lucrative major (for every college).</p>

<p>what about if you double major, one major in the business school, and one liberal arts major… best of both worlds?</p>

<p>My husband and I have both hired many people in the past and quite frankly I would hire someone with a strong BA degree in English or History over someone with an undergrad in business. Now if you want to major in accounting that is a different story. To be an accountant you have to have a degree in accounting. </p>

<p>We have both worked for some large corps and for the most part they have had the same hiring principles as well. You can always turn a degree in English/History ect… into just about anything. I have found that kids who major in English/History etc…tend to be able to write and think well critically. This is just my opinion though.</p>

<p>I remember when D went off to school 2 years ago, when she said that “I’m not sure what my major will be, but I KNOW it won’t be accounting.” Well, guess what: she just declared her accounting major. Who knew? I can’t argue with her reasoning: she likes the work, has an aptitude for it, and her school has strong ties in the local business community (in which she hopes to settle when she graduates.) </p>

<p>Is it worth it? It looks like she will graduate on time, with a very high GPA and no debt. NOthing else really appeals to her. No degree is foolproof, but this one is looking good so far…</p>

<p>Any opinions about employment with a major in economics? With a comp sci minor?
Boy, do I hope things get better soon, what a tough time to look for a job!</p>

<p>scout59,</p>

<p>I do think that if you know you want to be an accountant, than the outlook will always be pretty good. </p>

<p>Good luck to your daughter! :)</p>