Darious
Which has more career options: A Bachelors in Business or A Bachelors in Economics?
As a soon to be high school graduate, I'm trying to figure out my best decision in life. I want to be a real estate lawyer, but keep my options open. #business #economics #career-path #bachelors
3 answers
Kellie (Kinsella) Casey
Kellie (Kinsella)’s Answer
This is a great question and I think it's awesome that you are considering what to major in based on your future aspirations. That's a great start!
I graduated college with an undergraduate degree in business so I can speak to that the most. Having a business degree is a great way to understand how a company operates in regards to its accounting, finance, and marketing and much more. Economics is the underlying foundation of business - most schools require you to take economics classes before you can even start your core business classes. So if you major in business, you will get both!
If you know that you want to be a real estate lawyer, I would look to see if the schools you are applying to have real estate concentrations within their business schools. It is likely you will be able to take real estate-specific classes in college if that is an area of interest to you.
Best of luck to you!
Luis Alberto Garcia-Fuentes
Luis Alberto’s Answer
Depends what you are interested. If you are really interested in economics, I would suggest study quantitative economics or economics with a math minor. To work at a central bank or a research position you need more math than a normal bachelors in economics will provide you.
If you are more interested in a business analyst role, then both programs should prepare you for a position. From my experience the best faculty tends to be in charged of teaching finance courses, and in some instances Bachelors in Economics programs are thought in an environment somewhat separated from business school, which tends to have the strongest connections with employers.
What I would do in your position is study a BS in Finance with a minor in Economics or math.
Garrett Gollehon
Garrett’s Answer
I have both undergraduate degrees, a B.S. in Economics and a B.B.A in Finance. Companies like the critical thinking skills and statistics associated with economics degree (being able to see how one event can trigger a reactionary event, are the results you find in your study different from 0 with certain confidence). Companies like the computational skills and industry knowledge with finance (being able to speak on Mergers and Acquisitions, being able to calculate exchange rates or compute firm valuations and justify your reasoning).
That being said, these majors are paired well together because finance is an extension of economics to focus on the monies of the firm. It may take you a little more time but double majoring or minoring in economics might be a very beneficial choice since it shows that you can think of problems abstractly.
Hope this helps and best of luck.
Garrett