Anonymous wrote:The top undergraduate “business” schools (Penn’s Wharton, MiT sloan) do not have the same middling business degree (BBA) as lesser schools, instead they have a Bachelor of Science in Economics or equivalent. That and the rigorous coursework is why these schools are respected highly for undergrad business-related majors. The curriculum is very similar to a BS in Econ at other ivies or Stanford. There is a reason these schools are top targets.
A “business” BBA degree is not well respected because it is not rigorous
Anonymous wrote:I’m curious as to why Wharton is a BS in Econ with the minimum Econ requirements being Econ one and two? At most schools this would barely get you the BA in Econ.
Anyway, what about schools like UTexas, Ross, or ND that offer BBA….are these not considered prestigious, specifically for business, not talking about other majors.
Anonymous wrote:At non-elite schools, it’s a major for non intellectually curious kids that want to party.
Anonymous wrote:The top undergraduate “business” schools (Penn’s Wharton, MiT sloan) do not have the same middling business degree (BBA) as lesser schools, instead they have a Bachelor of Science in Economics or equivalent. That and the rigorous coursework is why these schools are respected highly for undergrad business-related majors. The curriculum is very similar to a BS in Econ at other ivies or Stanford. There is a reason these schools are top targets.
A “business” BBA degree is not well respected because it is not rigorous
Anonymous wrote:Because business is not an intellectual/academic major
Anonymous wrote:The top undergraduate “business” schools (Penn’s Wharton, MiT sloan) do not have the same middling business degree (BBA) as lesser schools, instead they have a Bachelor of Science in Economics or equivalent. That and the rigorous coursework is why these schools are respected highly for undergrad business-related majors. The curriculum is very similar to a BS in Econ at other ivies or Stanford. There is a reason these schools are top targets.
A “business” BBA degree is not well respected because it is not rigorous
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Historically OP, employers desired liberal arts majors who could think and write. I view are hundreds of years old and wanted students to focus on thinking.The WSJ did a good story on this that you can google. Now, of course, with college costs so high a lot of parents + students want immediate job prep...so they want a more trade school type approach to studying. BTW, my kid was an English major at HYP and was a self made millionaire by 30. Did internships in the summer on Wall Street thanks to HYP Alumni connections.
Harvard English - $64,155
https://collegescorecard.ed.gov/school?166027-Harvard-University&fos_code=2301&fos_credential=3
Boston College Finance - $135.373
https://collegescorecard.ed.gov/school?164924-Boston-College&fos_code=5208&fos_credential=3
Self-selection is a huge factor here.
I think it’s safe to assume that English majors at T10 schools are not prioritizing their starting salary.
These kids are either playing a longer game (law school) or choosing a different path entirely (lower income jobs/internships/entry positions in publishing/non-profits etc.) likely supplemented by family money.
Strivers are concerned about immediate ROI of their kids’ college education and major. The very wealthy (including beneficiaries of generational wealth) are not.
This isn’t really proven out by the data.
The wealthiest Harvard students (admittedly not differentiating between a billionaire’s kid vs a mere millionaire) pursue the highest paying careers by a wide margin over all other income demographics. Nearly 35% from that cohort.
The poorest kids are equally likely to pursue academia or highest paying jobs at 19% each.
Sure, but how many Harvard/Princeton English majors are disappointed with their salaries 10 years after college?
My point is that these are intentional choices that are not made with “maximizing salary” as the goal.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Historically OP, employers desired liberal arts majors who could think and write. I view are hundreds of years old and wanted students to focus on thinking.The WSJ did a good story on this that you can google. Now, of course, with college costs so high a lot of parents + students want immediate job prep...so they want a more trade school type approach to studying. BTW, my kid was an English major at HYP and was a self made millionaire by 30. Did internships in the summer on Wall Street thanks to HYP Alumni connections.
Harvard English - $64,155
https://collegescorecard.ed.gov/school?166027-Harvard-University&fos_code=2301&fos_credential=3
Boston College Finance - $135.373
https://collegescorecard.ed.gov/school?164924-Boston-College&fos_code=5208&fos_credential=3
Self-selection is a huge factor here.
I think it’s safe to assume that English majors at T10 schools are not prioritizing their starting salary.
These kids are either playing a longer game (law school) or choosing a different path entirely (lower income jobs/internships/entry positions in publishing/non-profits etc.) likely supplemented by family money.
Strivers are concerned about immediate ROI of their kids’ college education and major. The very wealthy (including beneficiaries of generational wealth) are not.
This isn’t really proven out by the data.
The wealthiest Harvard students (admittedly not differentiating between a billionaire’s kid vs a mere millionaire) pursue the highest paying careers by a wide margin over all other income demographics. Nearly 35% from that cohort.
The poorest kids are equally likely to pursue academia or highest paying jobs at 19% each.
Anonymous wrote:Anonymous wrote:I teach at a top-30 university that recently introduced a business major. Basically the entire faculty outside that major is embarrassed by the whole thing. The business major kids, for the most part, have no intellectual drive, depth, or curiosity, and the whole program operates on a whole raft of assumptions that aren't called into question for a second, because questioning at a deeper level simply isn't demanded or desired. That's why--if we looked at charts of income, achievement, happiness, etc. 10 years down the road--those majors would be near the bottom. They're missing out on the fundamental skill set, and critical/inquisitive frame of mind, that is ideally at the root of undergraduate education. Dunk on this position all you want, but I've seen enough students and grads to stand by it 100%.
Your post is trapped by the inconsistency. Your school just introduced a business major and yet you already have data on the 10 year outcome? And can tie it to such subjective factors as happiness?Something tells me you made this up as it's not backed by anything reputable I can find in a quick 30 second google.
There is nothing complicated about business degrees. Plenty of students want a preprofessional degree to help get the first rung corporate analyst job that will allow them to enter the ranks of the UMC. The growing perception that so much of the old humanities and liberal arts fields are now little more than mumbo jumbo woke revisionist identity politics confirms to these kids that college is little more than getting a respectable degree, four years of learning how to become an adult, and getting that first real job with a serious employer. A business degree ticks the boxes neatly.
I'm 20 years out of college and went to a fancy Ivy. Will say many of my old HS classmates who went to flagships or lesser private colleges and majored in some kind of business degree have done much better than quite a few of the humanities majors at LACs or Ivies. Including yours truly. I've done well but I've also learned that the snobbery of academia and degrees is highly misplaced and a disservice.
Anonymous wrote:I teach at a top-30 university that recently introduced a business major. Basically the entire faculty outside that major is embarrassed by the whole thing. The business major kids, for the most part, have no intellectual drive, depth, or curiosity, and the whole program operates on a whole raft of assumptions that aren't called into question for a second, because questioning at a deeper level simply isn't demanded or desired. That's why--if we looked at charts of income, achievement, happiness, etc. 10 years down the road--those majors would be near the bottom. They're missing out on the fundamental skill set, and critical/inquisitive frame of mind, that is ideally at the root of undergraduate education. Dunk on this position all you want, but I've seen enough students and grads to stand by it 100%.
Something tells me you made this up as it's not backed by anything reputable I can find in a quick 30 second google.