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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have an UG business degree and my DS is at an Ivy studying econ.  My thoughts are similar to many above, but slightly different.

UG business degrees are usually quite broad-- basically like an MBA, with courses in accounting, marketing, management, finance, etc.  and then a major or concentration in one.  UG business schools often have a standalone career center, and attract a wide range of firms to do on campus recruiting.  If your kid wants to study accounting, marketing, management, etc., then I would look at actual business schools, as they come out trained for those entry level positions, and have a clear on-campus recruiting process for those jobs.

Many top schools don't have business (Wharton is an exception).  At those schools, a ton of students study econ and many (possibly the majority) of the econ majors are recruited into a) wall street, and b) consulting.  Some high end firms (McKinsey, Bain, etc) have a small number of top20 schools as target schools and it's very difficult to get such positions out of a non-target schools.  At my kid's Ivy, more than 25% of graduates go to wall street, consulting, or tech (those are usually computer science majors).  However, there's not much of a route into other types of business jobs.  That is, industrial firms trying to recruit people into their HR, marketing, etc. jobs don't look to those graduates.  A growing exception seems to be accounting-- my kid has had zero accounting courses but is getting internship interviews in accounting firms because accountants are in such short supply. (I would also concur with a pp who said that they will also recruit non-econ majors-- my kid has had a bunch of internship interviews and a lot of the interviewers have other liberal arts degrees, not just econ.).

In sum, my suggestion is:
If you want to go into consulting or wall street and are competitive for a Top 20 school, that is a good option, probaby majoring in econ (or something similar) and not business.

If you go to a non Top 20 school, I think you're better off in a business school (the McKinseys aren't going to target those grads, anyway, and more traditional firms will be looking for business grads, generally speaking).  Definitely if you are interested in a university that has a business school, you'll want to major in business rather than econ for the job path and on campus recruiting.[/quote]

Again part of what you are saying is wrong.  Yes Econ at Yale, Princeton, Harvard would do as well as UPenn Wharton, MIT Sloan, Cornell Dyson.

There are 8 schools with undergrad business in T20, and if they do, it's usually better than Econ at the same school.

All of 21 - 25 have undergrad business, and all of them are better than econ at the same school.[/quote]

In fact, Brown and CalTech has almost Business majors.

I would say half of T20 have undergrad business.  
If the school have business major, it's usually harder to get in and better outcomes.   [/quote]

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