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It depends, from what I've seen Business majors require you to particpate actively in class, so in other words, if you are a high math/science type, but with poor verbal ability, you'd do quite well in engineering, but not as well in business, which means you'll probably get the same grades.
But if you are a balanced student with higher math/science ability, i think you'll do a lot better in business. so in this case, i think Dr. Horse's 2.6-4.0 comparison is pretty close, but it still depends on the engineering program and business program. I have doubts about that for places like NYU Stern, Wharton.
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