Economics vs. business degree

<p>Perhaps you have also read meeting only the minimum math requirement will make you a qualified, BUT very bad candidate for admission even if you had perfect GPA, GRE scores, letters, and personal statement.</p>

<p>I recommand you reading this to clear out your ignorance:</p>

<p><a href=“Loading...”>Loading...;

<p>A key point mentioned:
“To be competitive for admissions, you need: multivariable calculus, linear algebra,
and real analysis.”</p>

<p>Again, I do not expect undergradute business student to understand the nature of rigorous academic topics we’re disucssing despite their self-claiming board knowledge they know(reflection of the nature of the degree they do - plenty of everything, math, economics, statistics, finanace, all with much less rigorousity).</p>

<p>LOL. Most of the stuff on (undergraduate) admissions on this forum is already incorrect and distorted enough and now that same bad information is spilling to graduate admissions? </p>

<p>Actually the academia is relative flexible on previous knowlege. A lot of professors at top institutes don’t even have any degree for the field they work in.</p>

<p>“To be competitive for admissions, you need: multivariable calculus, linear algebra, and real analysis.”</p>

<p>Which is 3 courses. Most of the buisness programs have more than 3 free electives.</p>

<p>“Which is 3 courses. Most of the buisness programs have more than 3 free electives.”</p>

<p>That is more than 3 courses. You need to have the prerequisite for those classes too. That PDF also said you need Probability Theory and Mathematical Statistics.</p>

<p>“Which is 3 courses. Most of the buisness programs have more than 3 free electives.”</p>

<p>Doesn’t this sum up the idea business students are totally igorant and thinks every discipline other than business is easy (since they all study easy materials on those other discipline including the imfamous business calculus even a 12 years old can do).</p>

<p>Gooooood luck trying to complete those “3 courses” alive.</p>

<p>It depends on the school. At Penn, that would only be 3 more courses for most Wharton concentrations or just 1 extra course for some of the more math-oriented Wharton concentrations.</p>

<p>In comparison, Econ at Penn requires only 1 more extra math course than Wharton Finance and actually 1 fewer math course than some Wharton concentrations. In addition, Wharton requires more stat than Penn’s Econ.</p>

<p>So at the very least, Econ and Business “prepare” you about the same for Econ graduate programs.</p>

<p>

Since Business is the most popular degree overall (somehting like 30% of all Bachlors given in the US are in Business), there is inevitably a lot of not very rigorous programs out there. However, this same does not hold true with many higher level schools like NYU and Penn.</p>

<p>No it is 4 more classes, and you should also include probability and statistics which makes it 6 more classes.</p>

<p>Real Analysis at Penn is 2 classes not 1.</p>

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</p>

<p>LOL, Aurelius, I really find your post laughable- had to run down the street to get a couple of Rolaids. NYU & Penn is higher level school? Well, I’ll give you a half-point credit for Wharton, but NYU? Higher Level, Puhleeze</p>

<p>Check it out:</p>

<p><a href=“http://www.usnews.com/usnews/edu/college/rankings/brief/topprogs_brief.php[/url]”>http://www.usnews.com/usnews/edu/college/rankings/brief/topprogs_brief.php&lt;/a&gt;&lt;/p&gt;

<p>and </p>

<p><a href=“http://www.usnews.com/usnews/edu/grad/rankings/mba/brief/mbarank_brief.php[/url]”>http://www.usnews.com/usnews/edu/grad/rankings/mba/brief/mbarank_brief.php&lt;/a&gt;&lt;/p&gt;

<p>It seems like you’re just spitting out information found on the streets of South Philly.
WATCH OUT</p>

<p>Sorry but I find most of your posts laughable. I think they embody many of the negative stereotypes found on this forum.</p>

<ol>
<li><p>Excessive use of rankings, as above. This thread is about undergraduate programs? So why is it necessary to bring in a grad ranking?</p></li>
<li><p>Information drawn from pure hearsay and without any real-world support. Referring to the above post, how can you say that NYU isn’t a top level business school? Are you a recruiter of a firm who has picked up a lot of bad Stern recruits? Have you worked with corporate recruiting to know which schools are good or bad?</p></li>
<li><p>Elitism. Your posts seem to state only 1 or 2 schools are any good at anything. Take that to the real world and a big surprise awaits you.</p></li>
</ol>

<p>LOL. I was returning the favor… now you should know better</p>

<p>This has gotta be one of the jokest thread ever.</p>

<p>Now business degree, a pratical working degree, is harder than a theoratical degree, in economics??</p>

<p>What’s next? Business is harder than math? Only you people wished business is a hard degree so it makes you look smarter. If you’re rational enough (hopefully you STILL are with your business education), you should know anyone can easily finish a business degree as long as they’re not ■■■■■■■■. Same cannot be said about mathematical degrees.</p>

<p>If you think accounting, human resource, simple economics, simple calculus, simple stats, management, marketing (core of a business degree) is hard, you must be a flat out idiot.</p>

<p>Try topology, differential equations, real analysis, complex analysis, time series analysis, or heck, even econometrics (core of math, statistics, economics degree, respectively). Then you’ll know what’s HARD.</p>

<p>P.S. At the end of the day, business degree will have an advantage when you’re getting a job out of college. Nobody denies it. Don’t go overboard and say what you have learn requires more intelleuct than those degrees such as mathematics or economics, who will not get as great as a salary as starting out.</p>

<p>I have seen the coin from both sides. I began my first year in the Business Finance stream of my university’s “Business” degree. To tell you the truth I thought accounting was a waste of time. Here I am at a top uni. and I choose such a standardized undergraduate degree. I had some thinking to do. In my second year I chose to transfer to the Department of Economics. This, for me, was the best decision I had made to that point in my life. Businessmen, successful one in particular, are naturally occurring. This is not to say I have not met my fair share of very insightful <em>academic</em> business students, but these few tended to be the exception rather than the rule.
My best advice is to pursue what you feel you are best at. I understand this may not directly answer your question but it is impossible for me to evaluate your strenghts on a forum. If you enjoy mathematics and are interested in raising as many questions as you answer, then Economics may be a good choice. With respect to grad school; why are you thinking about that when you have yet to declare a major? Take it in stride. A fundamental theory in Economics roughly states that you and society are best served by specializing in what you are good at. Everything falls into place after that.</p>

<p>Disco Stu
BA Econ (Hons.) '04
MSc. Financial Econ '06
CFA currently</p>

<p>CFA as in chartered fin analyst? But you barely graduated half a year ago, when did you get your 4 years of professional/related experience to become chartered?</p>

<p>haha…

I don’t apply to this question since I am planning on getting both business degree and econ degree… (plus psychology minor…)</p>

<p>You are correct. CFA as in Chartered Financial Analyst. You’ll have to excuse me for failing to declare that I am a lowly level-one (as of this years June exam).</p>

<p>Currently as in “Currently Enrolled”</p>

<p>ABC, I think that you should consider that not all business majors are considered equal. I have known a number of accounting majors who had strong GPAs ( which is hard to do in accounting), They have had no trouble geting into either top notch MBA or Law schools. </p>

<p>In fact, for the top schools, as long as you have a top GPA and top test score, any major would be fine for a top school.</p>

<p>taxguy, you’re correct… but partially.</p>

<p>If you have a great GPA, tests scores, you’ll have a great chance of being admitted to PROFESSIONAL schools such as MBA or JD REGARDLESS of your majors, including business or accounting.</p>

<p>However, if you’re planning for graduate schools in economics, financial engineering, mathematics, statistics, or any theoratical subjects, getting a 4.0 or perfect tests scores will not get you in unless you have AT LEAST THE MINIMUN requirement, such as the the undergraduate majors or quantitative courses, which most business majors do not requires.</p>

<p>What some ignorant arguing here is that you can simply finish a business major in top school and claim they can easily get into any grad schools with any major, because they simply are BUSINESS MAJORS in TOP SCHOOLS.</p>

<p>dont MBAs look at your job experience the most? then wouldnt that be easier for a top business kid against a econ one? since business school has a better recruitment</p>

<p>I’m curious about liangshengtm’s question because i am currently struggling to decide between whether i should stay a business major or switch over to being a double major in economics and math. Is anyone able to answer that?</p>