Should You Take a Business or Economics Degree?

'}}

Written By: Cudy

23rd April 2023

'}}

Choosing a major is the first step in your career path. Your major will help you decide which careers to pursue and which ones you should avoid.

It will also guide your studies throughout your college career.

We consider business and economics majors to be some of the most difficult majors to pursue, but we also consider them to be one of the most rewarding.

Business and economics majors are good at critical thinking, analysing situations, and using the power of numbers. This makes them great for many jobs that require this type of skill.

They also have excellent writing skills and superb communication skills. The downside is that they may not be as flexible as other majors, and it's difficult to change careers.

The major you choose will affect the careers you will pursue after college.

The Overview of Business and Economics Degree

The goal of a business and economics degree is to give students the skills and knowledge needed to be successful in business.

A business degree focuses on the theoretical side of business, while the study of economics focuses on the practical side.

Both degrees will give you a broad overview of business and economics, but each major has its own strengths and weaknesses.

Business and Economics majors will require some coursework in maths, but not as much as other majors, such as science or engineering.

Most schools will require at least one class in accounting or financial management, although many schools may require two classes in accounting or finance for a minor in that area.

Most schools also require courses that cover basic concepts of accounting and finance.

It includes things such as accounting systems, cash flow statements, basic business law, budgeting and statistical analysis, etc.

Should You Take a Business or Economics Degree?

Photo by Zen Chung on Pexels.

Other required courses may include human resource management (HRM), marketing, quantitative methods (i.e., statistics), organizational behaviour (OB), international business (IB), communication skills (i.e., public speaking), or analytical skills.

Business studies usually spend most of their time taking classes that cover a variety of different topics in a particular field, such as accounting, financial planning, marketing, etc.

In contrast to this, many economics students spend most of their time taking a course on a particular subject.

They include microeconomics, macroeconomics, business statistics, economic theory, public policy, etc.

Most economics and business students take part in internships throughout their college career.

This way, economics and business graduates can gain transferable skills necessary for your future career.

Besides this, most business and economics majors will take part in research projects that are focused on a particular topic.

While there are many advantages to pursuing a business or economics degree, the major can be difficult to pursue.

The time required to pursue a degree is long compared to other majors, such as engineering or biology.

However, the benefits of pursuing a degree in business and economics make it well worth the effort required.

Career Options for Business and Economic Degree

The common jobs for students who graduate with business degrees are:

  • Business Analyst
  • Management Consultant
  • Human Resources Officer
  • Business Manager
  • Marketing Specialist
  • Financial Analyst
  • IT Specialist

Meanwhile, the common jobs for economics graduates are: Finance Analyst, Credit Analyst, Marketing Manager, International Trade Specialist and International Trade Negotiator.

Should You Take a Business or Economics Degree?

Photo by George Pak on Pexels.

Pursuing Economics and Business School

It is difficult to find a single career path that is well suited for all majors. In fact, it is often said that a degree in one major will not open up all the career options you might be interested in.

It may be more important to focus on which careers you want to pursue and the professional qualifications you need to pursue them.

However, if you will dedicate your entire life to your degree, then it would be wise to pursue a business or economics degree. It will make it easier for you to get a high-paying job after graduation.

To prepare for the college entrance exam, Cudy Tutor can help you. We offer one-on-one tutoring for students from various countries.

Check out our website and contact us if you need any help!


'}}

Written by

Cudy

Cudy is an online marketplace for real-time learning where students can achieve mastery over their subjects by learning live from educators who are passionate about providing the best learning experience for their students.

More stories

'}}
Belajar bahasa asing memang sangat penting untuk meningkatkan kualitas diri, dan di masa depan akan sangat membantu kita dalam memasuki dunia kerja. Selain itu bahasa asing juga bisa membantu kita dalam melakukan kegiatan komunikasi baik secara online maupun offline. Contohnya, dengan memiliki kemampuan belajar bahasa Inggris dan Mandarin yang baik, kita bisa memilih tempat kerja […]

Cudy

25th April 2023

'}}
Today's competitive world has opened new opportunities for Indians and their professional skills. Many Indians are working abroad in multinational companies. In this article, we will take a look at how Indians can get teaching opportunities and how to find international students to start your tutoring career. How can an Indian online tutor get international […]

Cudy

25th April 2023

'}}
Accounting tutoring has become a popular service for students who want to learn accounting. Accounting is the analysis, acknowledgement or provision of assurance about economic information that helps administrators, investors, tax professionals, and others make judgments about allocating resources. The managerial accounting cycle is the fundamental process that describes the activities associated with recording, reporting […]

Cudy

25th April 2023

'}}
Do you know that you can find an online tutor for free? Education is an essential component of life. It is a process that shapes a person's future and prepares him/her for the ever-changing society. Each year, there are millions of students graduate from universities all over the world. But, what happens to those who […]

Cudy

25th April 2023

Subscribe to our blog