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Is economics a good major if you are interested in having a career in Business?

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Ken’s Answer

The most important thing for you to determine: "Is this a good fit for you as a major?" . Business is very broad career area which offers many specializations.


Congratulations on being interested in finding the right career to follow.. It takes a special person to enter into a specific career field and meet the demands which that career area presents. The first step is to get to know yourself to see if you share the personality traits which make one successful in that area. The next step is doing networking to meet and talk to and possibly shadow people doing what you might think that you want to do to see if this is something that you really want to do, as a career area could look much different on the inside than it looks from the outside.  When I was doing college recruiting, I encountered too many students, who skipped these important steps, and ended up in a career/job for which they were ill suited.

Ken recommends the following next steps:

The first step is to take an interest and aptitude test and have it interpreted by your school counselor to see if you share the personality traits necessary to enter the field. You might want to do this again upon entry into college, as the interpretation might differ slightly due to the course offering of the school. However, do not wait until entering college, as the information from the test will help to determine the courses that you take in high school. Too many students, due to poor planning, end up paying for courses in college which they could have taken for free in high school.
Next, when you have the results of the testing, talk to the person at your high school and college who tracks and works with graduates to arrange to talk to, visit, and possibly shadow people doing what you think that you might want to do, so that you can get know what they are doing and how they got there. Here are some tips: ## http://www.wikihow.com/Network ## ## https://www.themuse.com/advice/nonawkward-ways-to-start-and-end-networking-conversations ## ## https://www.themuse.com/advice/4-questions-to-ask-your-network-besides-can-you-get-me-a-job?ref=carousel-slide-1 ##
Locate and attend meetings of professional associations to which people who are doing what you think that you want to do belong, so that you can get their advice. These associations may offer or know of intern, coop, shadowing, and scholarship opportunities. These associations are the means whereby the professionals keep abreast of their career area following college and advance in their career. You can locate them by asking your school academic advisor, favorite teachers, and the reference librarian at your local library. Here are some tips: ## https://www.careeronestop.org/BusinessCenter/Toolkit/find-professional-associations.aspx?&frd=true ## ## https://www.themuse.com/advice/9-tips-for-navigating-your-first-networking-event ##
It is very important to express your appreciation to those who help you along the way to be able to continue to receive helpful information and to create important networking contacts along the way. Here are some good tips: ## https://www.themuse.com/advice/the-informational-interview-thank-you-note-smart-people-know-to-send?ref=recently-published-2 ## ## https://www.themuse.com/advice/3-tips-for-writing-a-thank-you-note-thatll-make-you-look-like-the-best-candidate-alive?bsft_eid=7e230cba-a92f-4ec7-8ca3-2f50c8fc9c3c&bsft_pid=d08b95c2-bc8f-4eae-8618-d0826841a284&utm_medium=email&utm_campaign=daily_20171020&utm_source=blueshift&utm_content=daily_20171020&bsft_clkid=edfe52ae-9e40-4d90-8e6a-e0bb76116570&bsft_uid=54658fa1-0090-41fd-b88c-20a86c513a6c&bsft_mid=214115cb-cca2-4aec-aa86-92a31d371185&bsft_pp=2 ##
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Corrine’s Answer

I believe Economics is a great major. You will have many opportunities, and the following website could help you see the different areas you could pursue upon graduation from college: https://www.trade-schools.net/articles/jobs-for-economics-majors.asp. Economics comes into play in every business, and it's surprising how many people don't understand the basics. It can also help you tremendously if you want to open your own business.
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Chris’s Answer

I majored in Economics and when I left university I really didn't know what I wanted to do! I started as a Demand Forecaster, and moved into Material Purchasing, Production Scheduling, and Capacity Planning. I built a strong Supply Chain career base with a broad set of skills before moving into team leadership and managerial/directors roles. I have worked in varying industries from jewelry, chemicals, food, pharmaceuticals, and engineering.

So to answer the question.......... Economics is a great major. It is a great topic to study and understand (not just for a career, but for your personal life too!), and employers see it as a tough degree which demonstrates your ability to learn and develop yourself. It is broad enough to open up different career paths and many industry segments.
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