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is getting an undergraduate in economics and then an mba, a good choice?
and what are the job prospects and the types of jobs i can get?
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12 answers
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Jonathan’s Answer
Yes! An MBA would actually unlock a lot of career paths imho. I am also planning on taking my MBA degree soon, I have a background in Engineering. An MBA not only would allow you to be able to progress faster in your career, but also give you the foundations to run your own business as an entrepreneur. Your bachelors in Economics will greatly complement your MBA degree, not to mention the opening of many potential career paths.
I hope this helps! Have a nice day :P
I hope this helps! Have a nice day :P
thank u, jonathan !!
allaya
Updated
Steve’s Answer
Hey Allaya, I studied history as an undergrad, and eventually went back for an MBA. Based on my experience, and what I saw of other students in my MBA program, I would actually recommend getting your bachelors, then doing some work for a few years before going back for your MBA (or any other master's degree, for that matter).
Education is awesome, but nothing makes up for work and life experience. If you work for a few years, you'll learn what you love, what you don't, and what you want to focus the next stage of your career on. Then when you're taking your classes, you'll be able to really focus on how it applies to your current work, as well as your future career goals. Plus, you'll have a lot more to contribute to the conversations in the classes, and you'll have better questions to ask your peers and professors. You might also find at that point that the MBA isn't right for you, and will have the option to go in a different direction before spending tons of money on a degree that doesn't fit with your career goals.
Hope this helps!
Education is awesome, but nothing makes up for work and life experience. If you work for a few years, you'll learn what you love, what you don't, and what you want to focus the next stage of your career on. Then when you're taking your classes, you'll be able to really focus on how it applies to your current work, as well as your future career goals. Plus, you'll have a lot more to contribute to the conversations in the classes, and you'll have better questions to ask your peers and professors. You might also find at that point that the MBA isn't right for you, and will have the option to go in a different direction before spending tons of money on a degree that doesn't fit with your career goals.
Hope this helps!
thanks, steve !!
allaya
Updated
Martha’s Answer
Hi, Allaya, this is an interesting question. Your interests should dictate whether this is a good plan. If you ultimately want to go into business, economics could prepare you for investment or financial analysis, market research, or consulting. Or, if so inclined, you could apply economics in an academic or public policy role.
However, economics is not the only undergraduate major for business. Depending upon your interests and college offerings, you could major in accounting, math, statistics or other quantitative subjects. One of my friends majored in geology as an undergrad and applied her knowledge working for energy companies. The career counseling center at your college could provide advice.
An MBA is a very helpful credential to progress in business management and consulting. I would advise getting some work experience first, however. It will strengthen your application and give you a chance to refine your interests before devoting the time and money.
Good luck!
However, economics is not the only undergraduate major for business. Depending upon your interests and college offerings, you could major in accounting, math, statistics or other quantitative subjects. One of my friends majored in geology as an undergrad and applied her knowledge working for energy companies. The career counseling center at your college could provide advice.
An MBA is a very helpful credential to progress in business management and consulting. I would advise getting some work experience first, however. It will strengthen your application and give you a chance to refine your interests before devoting the time and money.
Good luck!
thank u sm, martha !!
allaya
A. Michelle Hawkins
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A. Michelle’s Answer
There is no downside to majoring in economics in college and then obtaining an MBA. This is a fairly common path; however, it is not the only one. I know people who majored in humanities, but ultimately pursued the MBA. If you choose this path, be sure to take math and other more quantitative courses in undergraduate to prepare you for graduate school. As another poster noted, you could also do a dusl major or have a major and minor, with one in economics.
Updated
Dhimant’s Answer
Absolutely, pursuing an undergraduate degree in economics followed by an MBA is a fantastic path to take. I would also advise stepping into the professional world to acquire some real-world experience after your undergraduate studies. This will not only enrich your MBA education but also amplify your overall experience.
Paul Goetzinger MPA
Academic and Career Consultant and Freelance Writer
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Paul’s Answer
Yes, that is a good combination for the MBA. Also, a major in finance or Business Administration is a good choice.
Updated
Sami’s Answer
Hi Allaya,
Getting an MBA after an undergrad in econ is definitely going to broaden your horizons in terms of career scope. That being said, the decision depends on the career you want to get into. I am a math and econ major and I don't plan on getting a masters degree. That is because I am planning on going into the actuarial field which emphasizes the passing of actuarial exams more than fancy degrees.
There are many careers and field choice for someone with an econ degree ranging from economic consulting, supply chain management, data analysis etc. I would suggest picking out a field that interests you and asking people in those fields about their educational backgrounds.
Good luck!
Getting an MBA after an undergrad in econ is definitely going to broaden your horizons in terms of career scope. That being said, the decision depends on the career you want to get into. I am a math and econ major and I don't plan on getting a masters degree. That is because I am planning on going into the actuarial field which emphasizes the passing of actuarial exams more than fancy degrees.
There are many careers and field choice for someone with an econ degree ranging from economic consulting, supply chain management, data analysis etc. I would suggest picking out a field that interests you and asking people in those fields about their educational backgrounds.
Good luck!
thank u for the advice, sami !!
allaya
A. Michelle Hawkins
Make contributions and identify volunteer opportunities for employees
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Updated
A. Michelle’s Answer
There is no downside to majoring in economics in college and then obtaining an MBA. This is a fairly common path; however, it is not the only one. I know people who majored in humanities, but ultimately pursued the MBA. If you choose this path, be sure to take math and other more quantitative courses in undergraduate to prepare you for graduate school. As another poster noted, you could also do a dual major or have a major and minor, with one in economics.
thank u !!
allaya
Updated
Lee’s Answer
Yes! That is an excellent choice! This can help open the door to many career paths. Definetely consider internships to help try out different career paths if possible.
thanks, lee !!
allaya
Updated
Paul’s Answer
Hi:
Yes, getting an undergraduate degree in economics and then earning an MBA is a very good choice. There are many jobs on Wall Street that want that combination.
Yes, getting an undergraduate degree in economics and then earning an MBA is a very good choice. There are many jobs on Wall Street that want that combination.
thank u !!
allaya
Updated
Rylee’s Answer
Hello Allaya, pursuing an MBA can significantly boost your career prospects. However, it might be beneficial to gain some work experience before embarking on this academic journey. You might discover that you thoroughly enjoy your job and advancing in your career doesn't necessarily require an MBA. Many individuals opt for further education as a means to change their career path, expand their professional network, or progress in their current role. Nonetheless, to ascertain if this is the right decision for you, I would recommend gaining some practical work experience first.
Updated
R Minnie’s Answer
Yes, doing an MBA after the under graduation is always a good choice and it will open more job opportunities and elevate your thinking.
thank u !!
allaya