Why are DCUM parents less inclined to have their child major in business?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

It’s actually 95%+ of all kids and families going to college. Only kids attending the very top schools can claim to not think about it…but even then, they can see the ROI from many different degrees so they think about it as well.

You do realize that the most popular majors at LACs are actually STEM and Econ, right?

+1 as if "real Americans" from MC backgrounds don't care about ROI.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Many good schools don’t even have undergrad business degrees.

This. Think about that.

+1 But I imagine OP won't understand that because OP has magic data showing the majors of DCUM offspring.

Most of this post can be summed up as “smart people get good careers”
“Mediocre people do better in careers that net good outcomes”
“Dumb/passionless people should go to business specializations like Accounting or MIS.”

Excellent summary

well, this "dumb/passionless" person who majored in business worked for a FAANG and has been making six figures for 25 years, on track to retire early. Thanks

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

+1 my CS major kid, who went to a magnet program, 4.0 uwgpa, 4.92 wgpa, 1580 SAT kid said they want work/life balance. They aren't interested in prestige.

My friend who was has an accounting degree from a no name state u made good money for many years. They retired at 50 and moved to Portugal with their family. They aren't hyperfocused on pedigrees and "what do you do for a living", unlike some on this forum.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

It’s actually 95%+ of all kids and families going to college. Only kids attending the very top schools can claim to not think about it…but even then, they can see the ROI from many different degrees so they think about it as well.

You do realize that the most popular majors at LACs are actually STEM and Econ, right?

This is also why many posters on DCUM are fine with their kid getting a history degree from Williams but would never allow their kid to get a history degree from Radford. Those very same posters would immediately jump into “practical” mode for that kid and require a practical degree.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

[Anonymous]

Anonymous wrote:A lot of kids major in business because they don't know what else to do.

That was me. I've been making six figures for the past 25 years, all with just an undergrad BBA from a no name state u -- no loans. I'm going to retire soon in my mid 50s.

What do you do currently? What's your industry?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

+1 i dont understand why DCUM is so big on Management Consulting but then dont like the Business Degree. Management Consulting strategy is 100% based on understanding the levers that you can pull that impact your P&L and cashflow, debt etc in order to make your business more appealing to shareholders. The strongest Mgmt consultants know their accounting and financial statements inside out. Understanding the accounting rules makes the difference between an Enron fiasco and a business success. If you work in Management Consulting and do not have an accounting background you will either need to go back to school or change roles eventually. It would be like trying to practice law without going to law school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

+1 i dont understand why DCUM is so big on Management Consulting but then dont like the Business Degree. Management Consulting strategy is 100% based on understanding the levers that you can pull that impact your P&L and cashflow, debt etc in order to make your business more appealing to shareholders. The strongest Mgmt consultants know their accounting and financial statements inside out. Understanding the accounting rules makes the difference between an Enron fiasco and a business success. If you work in Management Consulting and do not have an accounting background you will either need to go back to school or change roles eventually. It would be like trying to practice law without going to law school.

Accounting is most likely under School or College of Business.
You are confused.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

+1 i dont understand why DCUM is so big on Management Consulting but then dont like the Business Degree. Management Consulting strategy is 100% based on understanding the levers that you can pull that impact your P&L and cashflow, debt etc in order to make your business more appealing to shareholders. The strongest Mgmt consultants know their accounting and financial statements inside out. Understanding the accounting rules makes the difference between an Enron fiasco and a business success. If you work in Management Consulting and do not have an accounting background you will either need to go back to school or change roles eventually. It would be like trying to practice law without going to law school.

Accounting is most likely under School or College of Business.
You are confused.

like many people here.
Probably old timers.

[Anonymous]

Anonymous wrote:A lot of kids major in business because they don't know what else to do.

That was me. I've been making six figures for the past 25 years, all with just an undergrad BBA from a no name state u -- no loans. I'm going to retire soon in my mid 50s.

+1 Happens all of the time. Most of my clients who are CFOs and CEOs of sizable businesses have an undergrad BBA from a no name state U and if they have an MBA they went at night under a tuition reimbursement plan from their employer. Understanding the investment ROI in their personal life is just as important to them as their business' ROI.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

+1 i dont understand why DCUM is so big on Management Consulting but then dont like the Business Degree. Management Consulting strategy is 100% based on understanding the levers that you can pull that impact your P&L and cashflow, debt etc in order to make your business more appealing to shareholders. The strongest Mgmt consultants know their accounting and financial statements inside out. Understanding the accounting rules makes the difference between an Enron fiasco and a business success. If you work in Management Consulting and do not have an accounting background you will either need to go back to school or change roles eventually. It would be like trying to practice law without going to law school.

That's a somewhat simplistic view of Management Consulting, and the reality is that all new Bain hires go through a 3 month training program (at least it used to be 3 months) where they train you on the Accounting and other aspects you may need.

That said, there are plenty of projects that a company will hire a Bain that are not at all directly related to anything financial. Perhaps an airline will hire you to come up with a more optimized route network that reduces aircraft downtime, risks of violating employee labor agreements, etc. You will use quantitative analysis and critical thinking (it can involve thousands of different iterations and network repercussions) and of course your work product should result in the airline reducing costs and increasing revenue...however, your actual project will never directly involve any financial metrics.

Another example... a Fortune 500 company will hire Bain to determine if they should start a new product line/enter a new market. You will perform lots of quantitative analysis, analyze existing competitors, come up with the $$$ value of the addressable market, etc....but you likely won't ever get into the nitty gritty of their P&L analysis.

There are hundreds of other examples of why a company hires a Bain or equivalent that don't involve much accounting or financial analysis.

[Anonymous]

[url]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

+1 i dont understand why DCUM is so big on Management Consulting but then dont like the Business Degree. Management Consulting strategy is 100% based on understanding the levers that you can pull that impact your P&L and cashflow, debt etc in order to make your business more appealing to shareholders. The strongest Mgmt consultants know their accounting and financial statements inside out. Understanding the accounting rules makes the difference between an Enron fiasco and a business success. If you work in Management Consulting and do not have an accounting background you will either need to go back to school or change roles eventually. It would be like trying to practice law without going to law school.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Many good schools don’t even have undergrad business degrees.

This. Think about that.

+1 But I imagine OP won't understand that because OP has magic data showing the majors of DCUM offspring.

Most of this post can be summed up as “smart people get good careers”
“Mediocre people do better in careers that net good outcomes”
“Dumb/passionless people should go to business specializations like Accounting or MIS.”

Another dumb/passionless person who majored in business here from a state college. I earn high 6 figures. I've learned in life that strivers will be successful whatever their major. DCUM also likes to hate on English majors. My niece has been very successful working for STEM companies with her English degree.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Because many are highly educated and well-bred and don’t view college as a trade school.

+2 It is an immigrant thing to hyperfocus on ROI and STEM.

No it's a common sense thing
Most people want something useful and valuable when paying $$$

True. My 20 year old son already sees this. He is majoring in accounting ; he wants a comfortable life where he isn’t struggling financially. He has many interests and activities outside of the classroom and the topics that interest him , he reads online. Sometimes you can’t take all the interesting electives in college. You can still be well rounded even when being practical.

Accounting is the backbone for any entity- for or nonprofit. From there you can combine with other interests. No entity can exist long without proper financial and cash flow planning. This is not a degree for dummies. Successful accountants can become. cfos and even ceos without even getting an mba. And if you have strong people skills even better. also your job will always exist. strong accountants and fpa roles are actually needed more during a recession. PPs who claim this is a major for dummies and compare it to a trade don't have a clue. It is also gives you very helpful skills for your personal life.

+1