Quick question. I know UChicago does not have business majors. I find finance fascinating, but would obviously major in economics if I went to UChicago. Could also become interested in accounting, business management, etc.
Anyways, from what I have read, it seems UChicago teaches economics students to become economists - not to become business professionals. I completely understand and respect this. However, I do not think I am looking for such an unapplied courseload and teaching method. Is it VERY theory based? Or just more than other programs?
So should I look elsewhere for going into business after undergrad? Or would UChicago make a lot of sense for me?
(I'm OOS and have several nearby schools I have been accepted to that are not as prestigious as UChicago but do have some business related majors available. But I am interested in UChicago so that is why I am asking)
It's a good question; in general, the coursework is econometrics-driven. The reason UChicago does well in business is because they provide students with a deep foundation of economic principles, and waste less time with marketing or corporate strategy fads.
However, finance/consulting are the most popular destinations for Economics majors. In addition, undergraduates can take classes at Booth (in marketing, strategy, etc).
Hi. CCIB is exactly what you're looking for - the Chicago Careers in Business program gives students access to networking events with professionals, help with preparation for interviews, resume advice and training. It also connects them with alumni, and almost all students (Econ majors or not) who are interested in going into business find themselves in a good position when they leave the University.
It's a competitive program, and is really, really highly regarded by employers. https://collegeadmissions.uchicago.e...business.shtml
Majoring in business as an undergraduate would probably be one of the worst decisions anyone could make. It is perfect preparation for future unemployment though. Someone can go into "business," whatever that means, by majoring in anything. Usually people who want to go into finance major in economics, but you could literally be an art history major and still get a job in finance. Have strong communication and social skills, then you can go into "business"
Very true. There's nothing more important than coming into an interview with a potential employer in the finance/ business sector and showing them that though you have all of the skills necessary for the position, you're also able to think independently. Life of the Mind!
Undergrads are given the opportunity to take business school courses at the Booth School of Business starting the second year. Courses range from financial accounting to corporate finance to investments. Additionally, there are several
selective organizations on campus where you can learn various skills in business/finance industries, with two notable ones being bluechips and eckhart consulting. Finally, all the major bulge bracket banks in addition to other leading firms
In other business industries indeed recruit here, making chicago's career services center quite useful. Students who attend schools where these firms do not recruit are at a severe disadvantage, as they not only lack the opportunity to meet analysts at these firms at networking and info sessions, but also have to apply through the firms website in a pool of tens of thousands as opposed to through chicago's career website which will be specifically reviewed by Chicago alumni working at these firms.
1) Yes, the Economics major is very theory focused; it's an academic liberal arts degree, not a pre-professional one. There are several finance classes you can take as economics electives, though, but they will still lean more towards theory of asset pricing than application. You can look at the curriculum here: Economics - University of Chicago Catalog
2) You can take up to 6 courses at Booth, as part of your undergrad credits. If you want to go into business, TAKE ADVANTAGE OF THIS. Not only do you get access to one of the best graduate business schools in the country, you're also showing employers that you're actually dedicated to business. People interested in banking usually take Financial Accounting and Corporate Finance, while people into trading lean more towards Investments and Financial Instruments. If you're into entrepreneurship, Building the New Venture is supposed to be a fantastic class.