Anonymous
Post 07/26/2024 08:59     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:https://medium.com/@TuckerJaxson/the-colleges-and-universities-with-the-most-alumni-who-are-ceos-of-fortune-500-companies-c942ddca0ed8

Top undergrad majors of F500 CEOs

engineering
econ
business administration
accounting
finance
computer science
marketing
political science
math

The list is dominated by business majors.


We don't even need to go there
https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

Business analytics, Finance, accounting, MIS at the top.
Even marketing and general business is not bad compared to others.

It makes it higher demand majors and business schools is selective.
In out own backyard, business programs are premium and very selective at UVA and UMD.
There are some clueless old timers still living in the 70s 80s

Anonymous
Post 07/26/2024 08:46     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
https://medium.com/@TuckerJaxson/the-colleges-and-universities-with-the-most-alumni-who-are-ceos-of-fortune-500-companies-c942ddca0ed8

Top undergrad majors of F500 CEOs

engineering
econ
business administration
accounting
finance
computer science
marketing
political science
math

The list is dominated by business majors.
Anonymous
Post 07/26/2024 08:45     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$



I think that answers the underlying question. What is the goal of the bachelor degree? In my world, it is never a terminal degree. Thus a degree in philosophy is better than a degree in business. If you are looking at bachelor degrees as terminal, it is really a very different market.


Uhh.. that's my point. Someone suddenly brought up grad schools.
Someone brought up the best of the best case scenario for comparison - Princeton with good merit?, then getting into one of the best law school wich free/cheap cost, and getting into one of the best law firm?

Like you said it all depends on the goals. Law school or medical school is a whole different topic and story.
People who major in finance have options for MBA or other further academic options including law school, but don't decide right away. A lot of people shooting for law or medical school from the beginning strategically opt for cheaper state flagship and instat options, too.



Anonymous
Post 07/26/2024 08:44     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$


If you go to a great school and have great stats, you can also get great funding and fellowships...


Exactly and big law makes 400-700k easily , as do medical specialties so even without law or med merit scholarships(which the top names offer these days) it out earns BC /nyu finance majors within a few years

Yes, but you have study a lot longer and take the bar, which you might not pass.

-dp
Anonymous
Post 07/26/2024 08:43     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$



I think that answers the underlying question. What is the goal of the bachelor degree? In my world, it is never a terminal degree. Thus a degree in philosophy is better than a degree in business. If you are looking at bachelor degrees as terminal, it is really a very different market.


Only 13% of the population has more than a Bachelors…now, 35% dont even have a bachelors…but clearly for the vast majority, (52%…which is 76% of everyone that goes to college)…that is where college ends.

Needless to say, when you remove people who get an MBA (which I gather you agree philosophy isn’t a factor), then you remove another 4% from that 13%.
Anonymous
Post 07/26/2024 08:31     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$



I think that answers the underlying question. What is the goal of the bachelor degree? In my world, it is never a terminal degree. Thus a degree in philosophy is better than a degree in business. If you are looking at bachelor degrees as terminal, it is really a very different market.
Anonymous
Post 07/26/2024 08:29     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$


If you go to a great school and have great stats, you can also get great funding and fellowships...


Exactly and big law makes 400-700k easily , as do medical specialties so even without law or med merit scholarships(which the top names offer these days) it out earns BC /nyu finance majors within a few years


again you are comparing and undergrad degree to a graduate degree. you don't need to go to an ivy to go to law school and go into soul crushing big law. ask me how i know.
Anonymous
Post 07/26/2024 08:27     Subject: Why are DCUM parents less inclined to have their child major in business?
wouldn't recommend marketing concentrate for bba or mba but accounting for bba is solid.
Anonymous
Post 07/26/2024 08:08     Subject: Why are DCUM parents less inclined to have their child major in business?
Business major here- Wish I would have specialized in accounting or something more specific like data analytics.

My marketing degree is a dime a dozen. I just don't have the skills some of my peers have with more robust degrees.

I agree with the PP who said don't do business for undergrad, get the MBA instead. I'm currently looking at MBAs and they just don't make sense, it doesn't provide enough growth!
Anonymous
Post 07/26/2024 07:45     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It’s not a major for academically smart kids.


+1

I’m a high school teacher and talk to and write recs for 100+ kids every year. The kids who are decided on Business as an undergrad major are not the academically smart kids. Also, if the 20 years of evidence I have in this area means anything here, no, it is not a guarantee of a high paying job.




Thank you, interesting but not really surprising.


The joke goes - the first year everyone thinks they can do math. Second year they think physics, then engineering. When third year rolls around they all go to economics (business) worst comes to the worst there is politics major .
Anonymous
Post 07/25/2024 23:14     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$


If you go to a great school and have great stats, you can also get great funding and fellowships...


Exactly and big law makes 400-700k easily , as do medical specialties so even without law or med merit scholarships(which the top names offer these days) it out earns BC /nyu finance majors within a few years
Anonymous
Post 07/25/2024 22:37     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$


If you go to a great school and have great stats, you can also get great funding and fellowships...
Anonymous
Post 07/25/2024 22:35     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.


I was comparing bachelor degree to bachelor, but exactly, Princeton philosophy gets crushed by NYU BC finance hence they need additional higher degree like law or whatever spending additional time and $$$

Anonymous
Post 07/25/2024 21:45     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?


No, but say NYU, BC, Georgetown, etc. finance crushes Princeton philosophy


First, it is not all about money. Second, if the philosophy major chose law or consulting or medicine after Princeton, which a LOT of them do, then Princeton grad wins. Do not underestimate the power of the brand, ivies and "ivy plus". NYU BC cannot compete. Georgetown is closer, like a Vanderbilt or Emory, but it is not the same tier as ivy/plus. The recruiters that come to these schools, and the T5 law schools that favor these schools, makes it evident the playing field is not even. I have a kid there. The opportunities are almost endless. Sure there are some philosophy majors that just want to teach in a fancy boarding school or college, they will not make big $ but those academic jobs are also heavily skewed toward certain undergrad pedigrees.
Anonymous
Post 07/25/2024 21:37     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:You really think the average marketing major from Podunk State has better earning potential than a philosophy major from Princeton?

Surely there’s some middle ground that you could discover