Economics vs business degree reddit. I seen big bucks earners there by being sales or procurement managers. Hindi ka rin naman macoconsider for economics heavy positions unless you take a graduate degree in econ, so people who only have econ/BE bachelor's degrees end up taking the same jobs as BSBA grads. You will do fewer BSc economics modules but even in this regard most mathematics degrees will offer stuff like game theory, optimisation, financial mathematics, statistics which are all relevant and possibly more up your street if you're considering the joint degree (vs, say, political economy or behavioural economics). Great salary quite secure but also cyclical. I work in the Big 4 and those firms place a lot of value on having a bachelors. I believe Queens and other private universities offer commerce degrees. If I decide to go into computer science, I will apply to colleges such as CMU, Cornell, GA Tech, UT Austin, Princeton, UW, Columbia, UMich, UCLA, etc. I also got into UCLA for Business Economics, but I am leaning towards UCSD because I could save a little more money with rent and I like the area/environment better. I have researched quite a bit and although it’s fairly equal, I saw more say that economics is more preferable if you want to get a finance job. Dude just double major or do the business degree with a minor in Econ if you’re that interested in it /r/Statistics is going dark from June 12-14th as an act of protest against Reddit's treatment of 3rd party app developers. All the business, accounting, and public admin major/minors have to take economic courses. An MA is perfectly sufficient for policy analysis, e. A. My plan was to double major in econ and stats with the goal of going into analytics or actuarial science. I will be spending my first semester mostly on applying to business school and though if I don’t get in I will be an economics major I just want to know whether it’s even worth spending time applying if it’s just a really hard school and I’m gonna end up failing. Accounting or what? Also good to pick up some IT subjects, will help. Economics) degrees that lack these issues, I was talking about a regular Economics degree. </p> Compare the advantages and disadvantages of studying economics or business in college, based on factors like career prospects, versatility, and difficulty. I recently transferred to a for year university after completing an associate of business transfer degree. ) The main difference between business administration versus business economics has to do with their relevant course material. S. Beware after 1st year economics has a lot of statistics and math involved. when Econ is under a business school, I would see it more like Capital Markets economics, financial economics, quantitative optimization. Business career fields, like finance, consulting, investment banking, etc. Published 14 February 2024. <p>The two majors are very different. YES. That being said, lots of people do econ degrees and end up in business jobs just fine, its just not as easy a path to that first job in most cases. I think the only difference is that there are 3 more classes for business econ and that there are more specific classes that you have to take for business while you have more of a choice for econ (but you can still take the business econ major classes if you wanted). Business depending on which you finish is about the same. I have friends graduate with bus econ and go into law, marketing, accounting. I used geology as a comparison because I recently got interested in it (I like publishing, but I feel trapped indoors a lot). Overall, an Econ + Math degree will put you on the right track to your career goals (either going the long route to becoming an Economist or becoming a financial analyst). I feel like an Engineering degree would help with problem-solving skills and ability to innovate. Get the Reddit app Scan this QR code to download the app now Business degrees are a waste. Economics vs. Idk how to explain this to non-targets honestly That being said, LSE does offer BSc Finance, but it's mostly structured like financial economics I'd say (just by looking thru their module catalogue here) and understanding finance thru the lens of an economist, NOT thru the lens of a public markets PM like the CFA, or the lens of a regular financial analyst like any other non Stay in econ, change to something more sought after like quantitative finance or CS, or change to whatever you're interested in one of my majors in undergrad was business (did have specialisation though), and i can say that no degree is more Business econ and econ are basically the same major(IMO). In this video you will find out which is better for you between an economics degree and a business degree. Also you stated you're interested in management. Or check it out in the app stores Hi, what are the differences between business economics and economics? I got accepted from both departments and I'm undecided about which one So I really want to get into the private industry and working with finance but I am not sure whether an economics or business degree is best for finance in the private industry. You won't look as competitive for true analytics positions. consulting, and business as the skills are usually learned on the job. 2% for freshman (statistics of the freshman class of 2019. My father (an electrical engineer) gave me good advice though: catching up on econ and business later is much easier than catching up on engineering (e. Without knowing much about what you’re trying to get into after school, I would suggest the economics route. It’s internship season so start looking at different pathways you’d be interested in!! Dude just double major or do the business degree with a minor in Econ if you’re that interested in it /r/Statistics is going dark from June 12-14th as an act of protest against Reddit's treatment of 3rd party app developers. I have a psychology degree but used it to get into self-publishing (I worked on my business during my 7 years in college and worked for myself even before finishing). Or check it out in the app stores BA Economics vs BS Economics degree . Liberal arts colleges, for example, typically only offer the B. Users on r/explainlikeimfive subreddit discuss the differences between finance, economics, and business degrees. If finding a well-paying job is important to you, I think ultimately, the decision between which major won't be a life-changing one. Its also not uncommon for people with econ undergrad degrees to go directly into a masters program, be it in econ or something like a Master's of Management. Edit: I always thought Economic degrees were offered as commerce degrees. Business degrees tend to focus on building practical job skills (like financial analysis or accounting) and understanding how businesses function in practice. Business was super light in school and still lighter and very less stressful. Also, a commerce degree is better. Here I go over what are the exact differences betw It is important to realize that not all schools offer both B. But I was just wondering if a degree in regular Econ would have more advantages The real value of my economics degree is the stuff I learnt about micro and macro economics, as well as other interesting classes like cost-benefit analysis or labor economics. . Economics (business) vs Information Systems I am going into college with a lot of credits already so I could graduate in 4 years with both majors or I could pick one of them and graduate in 3 years. Get the Reddit app Scan this QR code to download the app now. An economics degree is enough to land a job in finance, but as others said competition is fierce. Here are the key differences between both degrees. By Grant Longstaff . Double Degree in Business and tbh you can do a lot w that degree it just what you want out of it. Dont look down on business degree holders. Business includes things like marketing, accounting, finance, and business administration, which are very pre-professional. Both are good. Econ is easier and more practical rather than quantitative like normal Econ. options for economics majors. Learn how to choose the right major I’d say the biggest issues to consider are whether an economics degree will be too broad, and whether there are already too many other people who study business A Q&A article that compares economics and business majors in terms of content, skills, and career paths. The real practical benefits of business economics are the accounting classes, and the 106 courses (which you Below we examine the difference between business and economics and discuss some of the considerations you’ll need to explore before deciding which path is best for you. Business Major. With that said, if you spin it the right way, you could also use a psychology degree for a career in business, especially HR. In terms of earning power capability I noticed in the longer term lol. Please do not message asking to be added to the Anyway, it's something to think about. Pick business if you want to do any of the specialisations they offer (like marketing or accounting or hr). Most data science in the consumer space is applied micro-economics - think managerial decisions about prices, quantities and how to measure/influence customer choice-making in general. I didnt get to masters but it didnt set me up to learn much of anything. at think tanks or for government agencies, especially if you take the time to learn some useful skills (e. Econ is a little dicier - a BS in economics isn't directly applicable to anything and your best bet to work something remotely close to what you studied would be a job as a "business analyst", a vague position if I ever saw one. I’m currently a Business Econ major, and the main difference course-wise is that you take more Econ classes. For example, a student who focused on entrepreneurship as an undergraduate has learned the skills needed to start and run a new business, while a student who concentrated on My guess is it would depend on the quality of the undergrad degree in economics and how rigorous it is - at top universities an econ degree would probably be better preparation than a maths degree, but a maths degree might be better at universities where the econ course isn't very mathematically rigorous. Justice Leonen, one of my favorite justices, took BA Econ from UP. As you start applying to jobs and internships (whether finance or economics related), you'll notice that requirements in the major section will include "or any other business-related major. today's the last day na inaallow kami to shift to another degree program before the academic calendar starts, and i Most professors of the Econ dept of a Lib arts Uni research on topics like studying country’s financial crises, federal reserve policy, effects of domestic violence on females on GDP per capita etc. are notoriously credential-heavy. Here I go over what are the exact differences betw Do you just mean an undergrad degree? If so, you should treat it similarly to an undergrad business degree. Additionally, if you pair your econ degree with courses in statistics, math, or cs. A terminal economics masters on your resume will probably not add much value to your future career aspects or salary. As you note, you can do a master's in econ later and you'll have the math/stats needed from your undergrad. The biggest difference is that economics is usually outside the business school, for better or worse (I think better). If you only do econ and business analytics then you are narrowing yourself too early. however, as much as it is my passion, i also have to consider practicality since di tayo mapapakain sa ekonomiyang ito ng puro passion lang HAHAHA. Where you complete your business-related degree far outweighs what kind of business degree you get. A finance degree is going to be closer to job training than an economics degree. Masters degree in finance. Users reply with their opinions, suggestions and An Economics degree can be more theoretical and analytical in nature, which can lead to careers in research, policy-making, or academia. But I was just wondering if a degree in regular Econ would have more advantages I know there are pure econometrics (or quant. I got an economics degree - they're still a lot of theory but the trend is they're getting more real world. Please do not message asking to be added to the i’m a senior psych major & i tell anyone who’ll listen that doing a psychology degree is not worth it unless you have plans to go to graduate school. I enjoy it, but am not looking to be an economist. It's v theory heavy and might not give you v While both majors can lead to finance-related professions, economics majors may focus more on economic theory and analysis, whereas business majors might be more involved in practical A high school student asks for advice on choosing between Economics and Business Administration majors for consulting career. level to get into business/data-type careers. Business, on the other hand, is a more practical field concerned with the operation, management, and organization of companies. For pre-law, any bachelor's degree can be a prelaw and there's no undergrad which gives a really big advantage as a prelaw. I also hear that Bus. But not sure your Finance means what sort. My understanding is that a finance degree is a lot of real world but is also incorporating theory. Business admin is such a general and useless major and you'll have to pair it with tons of other courses to get any value out of that degree. reddit's new API changes kill third party Business economics on the other hand is significantly easier to get in and has an acceptance rate of 44. Having done both, I can unequivocally say that business disciplines (marketing, econ, finance, management, etc) are an absolute cakewalk compared to engineering. So if you take it as a pre-law course, it would not be a bad pre-law course. The decision between earning an MBA or a more specialized master’s degree in economics or finance can be based on many factors. g. ). Finance degrees tend to be more general and teach you a broader set of If you think you are interested in both then econ is enough to show you have some econ/business knowledge and people will be impressed with technical level of data science degree. Focus on building your work ethic, industry skills, resume, and industry connections while in college; the last one being the most important for landing the job you want out of college. Anyway in my opinion: Business/Economics,Finance. I want to ask everyone who may know whether it’s easier to be a business administration major versus an economics major. View community ranking In the Top 5% of largest communities on Reddit. Because I feel business, Business majors share many foundational, introductory classes with economics majors, but their coursework will feature more classes in the humanities along with general Economics has much less practical application relative to business economics. In layman’s terms, they are prestige whores. econ isn’t just reading bloomberg and talking markets. Economics is a social science that deals with the production, distribution, and consumption of goods and services. And people say Business degrees are useless. CompSci vs Math Sci vs Econ vs Business double degrees and double majors (college application) Hello!! I’m an international student applying to NTU this 2021 and I was wondering if I could get some insights on the following courses. they require a lot of math and are very theoretical. I'm currently navigating a decision about my undergraduate major and could use some input. However, I’m not sure entirely which one it should be. Also, I plan on getting a Master's after my Bachelor's, so I'm not sure if I'm just unnecessarily worrying about the job prospects/employability with this degree. I did both. most econ degrees, even something like a quant finance one, are geared towards grad school. For the past couple years I had been planning to pursue a Business degree but the more I hear about Industrial Engineering the more interesting in Remember, the Chief Justice of the Philippines was an AB Econ grad from Ateneo. Even the worst econ programs here will require 4 terms of stats/econometrics. They explain the academic focus, career options, and mathematics Business Economics majors do have first priority at such classes as Finance, Investments, and Financial Markets, but most of the curriculum are accounting classes. Business has opened many doors for me vs nursing. "To give you an idea, my school doesn't offer any other business I recently transferred to a for year university after completing an associate of business transfer degree. Micro and behavioural economics is a great place to learn. If you want to actually do work in economics, you need to get a grad degree. degree, while larger colleges often have both options. with just a bachelors, the jobs you could in the field are things like being a registered behavioral technician, a therapeutic facilitator, or working in a research lab. A good few people with a BS/BA in Econ that don't go straight to work end up going for law school or MBA programs. Question I think the BA is for jobs like financial advising and the BS leans more towards jobs like business analyst or financial analyst. Undergrad degrees in communication and economics. At its core, an MBA is to the social sciences — psychology, sociology, economics — what an engineering degree is to natural sciences. UCSB econ. Nursing is very great. Just depends on what you want to do. hi! i'm an incoming college student blessed enough to have been accepted to UPD's BS Economics program. Originally, I set my sights on economics, drawn to its inherent I'm torn between Economics and Businesss Administration, if anyone could give me advice on which one you think would be better for someone planning on starting their own business while I think you should think about what you wish to do with your career, Economics: You have to thoroughly enjoy operating in the realm of ideas. It can be equally rigorous as well The primary difference between business and economics college graduates is that business degree holders generally leave with a tangible skill in their concentration. Economics is more about theory and why the economy functions the way it does. Economics is more theoretical, and will tell you how the economy works. you have to also find the economics side of economics interesting in addition to the finance side of the house as well as being prepared to do some good ol’ statistical analyses. however, doing RBT or anything clinical-adjacent requires a lot of A terminal economics masters on your resume will probably not add much value to your future career aspects or salary. And even if you're an The main difference between Economics and Business Economics is their focus. The finance degree sounds like it would be the most useful, but in reality corporate finance and banking don't have a ton of overlap with financial planning. Learn about the differences. Recently, I've been thinking about switching my emphasis around to major in stats and a double minor in econ and comp sci. Pick economics if you either want to do an actual economics job or anything that's more analytical. Nursing was stressful during school but hella worth it once the pay comes in. Im not exactly sure if that’s accurate but let me know if it is. _This community will not grant access requests during the protest. As far usefulness of my degrees it goes communication > economics > finance. It suggests that the choice depends on your interests and goals, and I know that a finance degree, an economics degree, and even a business degree would be great for my goals. Take some econometrics too but keep in mind they're a weird bunch :-) Get the Reddit app Scan this QR code to download the app now bachelor of business vs bachelor of economics Will an associates degree in Accounting and Business transferred and combined with a Bachelor’s in Finance be the smartest option to kickstart a career in corporate finance and eventually be a Financial Analyst or Financial Advisor? Not technically a dropout (I finished my bachelors in business econ), but I’m currently back for a second degree in EE, and I’m in the latter half of this degree. Not having a higher-level degree isn't problematic because they'll train you to be successful technically in your job. etc. the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're However, work will be more collaborative after that, especially in jobs outside academia (government, think-tanks, econ consulting, corporate). Econ vs Econ. Economics will be more beneficial at the B. I know that UChicago’s Econ program is number 1 and I will be taking that major, but I also hear that it is extremely difficult and mentally straining. Stata, R, etc. Both aren't bad choices and there is a fair bit of overlap in potential jobs as well. and B. If I decide to go the business route, I will either get a finance degree in an undergrad business school or an economics degree in the normal university (idk the correct terminology). The more important part is what uni you’ll be attending. thats money If consulting is your goal then econ is the route. , drafting, lots of hard science classes, design and optimization). Like any business, Econ, finance, or accounting major, it basically opens you up to anything in those fields. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. It provides a broad understanding of how economies work As someone getting a british degree, the idea that people can graduate with a pure economics degree without taking econometrics or stats classes seems really strange. As for the jobs, Ateneo's Economic degree is one of I'd also go economics.