I'm currently a Junior at USC majoring in economics. USC has a progressive degree program where for 1 extra year (6 classes) you can earn your masters in economics.
I know that I definitely want to earn a graduate degree (a personal goal of mine). However, until recently I was unaware of this progressive degree program and just had my eyes set on earning an MBA. For the progressive degree program I have to formally apply this semester in order to be elligible so the decision is rapidly approaching for me.
If I don't get my masters I will most likely have to work 2-4 years then put my career on hold and go back to school for 2 years in order to earn the MBA versus just sticking around for 1 more year at USC.
So far the consensus I am getting is that the masters is the better choice. That it will make me very marketable and its worth it especially with the progressive program. Conversely I've heard that an MBA is viewed with higher esteem and the masters in economics is seen as more of a degree leaning towards academia.
As far as my career prospects. I'm planning on entering the fields of either investment banking or financial planning/wealth management.
To sum it all up I guess my question is which degree should I pursue, the masters or the MBA? Or should I get my masters, see where the road takes me and possibly get the MBA as well somewhere down the line?