I want to major in psychology but I want to either double major or get a minor to have more to fall back on. Which would be more beneficial, business or management and as a major or a minor?

Hi Kaitlyn,

Business Psychology is an applied science that investigates how to make people and organisations more effective. It uses social scientific research methods to study people, workplaces and organisations in order to better align their multiple and sometimes competing needs. Its goal is to create healthy and productive relationships between people and organisations for mutual benefit.

Practice
Practitioners of Business Psychology typically work in the following ways:

Advise - Practitioners give advice on a wide range of people issues at work – from careers to large scale organisational change. They are also independent professionals who can be trusted to offer an unbiased, scientifically credible perspective.

Diagnose – Practitioners help organisations to better understand issues and challenges (e.g. high turnover and low engagement). They use social scientific research methods to investigate human behaviour at work.

Design – Practitioners design solutions to organisational challenges. For example, they might design a psychometric tool to help an organisation select better employees or an assessment exercise.

Deliver – Practitioners often implement solutions to organisational problems for clients. Their role is usually to facilitate a solution and not to take ownership of the problem for the client.

Evaluate ­– Practitioners measure the effectiveness of interventions. Demonstrating evidence of individual and organisational benefits is a core principle of Business Psychology.

Areas of Business Psychology
Business Psychology can be applied to almost any people issue at work. Nonetheless, there are several well established domains of Business Psychology. These include:

Selection and Assessment
Organisational development
Coaching
Leadership development
Learning and development
Talent management
Employee engagement
Safe and user-friendly work environments
Performance management and appraisal
Culture
Health and well-being at work
Psychometric testing

A future business psychologist must start at the college level in order to eventually gain an advanced degree. Most will choose to get a BA in psychology, though a working knowledge of business also important so some choose to pursue a business degree. Any degree will get the student into graduate school with the right GRE scores and personal statement.

Students can go straight into a Ph.D. program without a master’s degree but choosing a grad school is not easy. The choices can be overwhelming, either for a master’s or doctoral program, with different schools having great name recognition but the wrong programs for business psychology. It is important to do research in order to find the correct school to pursue a career in business, aka industrial and organizational, psychology.

The average business psychologist makes $94,720,according to the Bureau of Labor Statistics, ranging from $55,330 per year to as high as $143,950. It is one of the best paying specialized psychology fields. As businesses are dealing with the outcome of the great recession, the outlook for business psychology careers is only improving.

You can read more in:
http://www.theabp.org.uk/about/what-is-business-psychology.aspx
http://www.psychologyschoolguide.net/career-guides/becoming-a-business-psychologist/

Good Studies!!

In the USA we call a "business psychologist" an "industrial-organizational psychologist," or I-O Psychologist It is not clear to me what specifically you wish to do with a psychology degree and a business major/minor. I would recommend taking the following set of courses in your psychology curriculum and THEN deciding on whether what you are learning is appealing to you BEFORE deciding on a business minor:

Tests & Measurement
Introduction to Industrial & Organizational Psychology
Research Methods
Statistics
Survey Design (if not covered in a Tests & Measurement course)
Leadership Theory.

To be successful in I-O Psychology, one needs a strong foundation in research methods, statistics and measurement. Graduate schools will be evaluating your ability to succeed in this specialty by looking at your quantitative abilities. Hence, the recommended courses that I've outlined.
Recommendation: go to the American Psychological Association's website: www.apa.org to poke around at the various sub-specialties in which psychologists work. Also go to Division 14's website: www.siop.org (the Society for Industrial & Organizational Psychology).

I wish you luck.

Hi there

Not a specialist in psycho ...but try to follow good sense

If you are really interresting in psychology studdies ...this should be your major

Then I will follow business as a minor rather than management

Cheers