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Reply to "Econ majors- is it easy to find a job?"
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[quote=Anonymous][quote=Anonymous]I thought many ppl chose econ as a back door to business. why do you need a backdoor? Econ is a tougher major than business. If you can’t do econ you do business[/quote] It's not about what you can do, both are fairly easy majors, it's about the signaling value of being able to get in to the business school vs not being able to get into the business school and thus needing to major in econ. Funny enough, signaling is a pretty fundamental econ concept. ------- In my experience if you don't have the intellectual aptitude and work ethic for the sciences or engineering, you switch to economics which is easier, and if you can't handle economics, you major in business. I might exclude some accounting and finance degrees in making that statement. There are a lot of weak undergraduate business degrees. Does not have to do with whether it is hard to be admitted into the business school -- that is just supply and demand. Has to do with how hard it is to get through the major.[/quote] By this logic, Wharton and Stern grads would do worse than Penn engineering/science/math and NYU engineering/science/math grads respectively (because business is easier than engineering/science/math), but this is obviously not the case. The reason Wharton and Stern and Ross do better than the rest of the university obviously has nothing to do with undergrad rigor, but instead has to do with the signaling value of making it in to the program, which is generally the most selective undergraduate program. If you want to come up with an alternate theory, it should explain why business majors at these schools do better than econ and even hard STEM students.[/quote]
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