Anonymous
Post 07/23/2024 15:56     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:As always, people still living in the 80s are clueless.

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

Business analytics, Finance, MIS, Accounting are all under Business program.

That's why in general, business program is harder to get in and more competitive.

Mediocrity at its finest being competitive now. If money is the goal...CS.


#1 is chemical engineering

I'm sure it is on average. But, you can get much more pay and a high quality of life out of Tech. No one wants $120k just to live in Oklahoma or Houston.


Sure it's on the average, similarly some people prefers Wall Street, IB, consulting, etc.

Anonymous
Post 07/23/2024 15:53     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:As always, people still living in the 80s are clueless.

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

Business analytics, Finance, MIS, Accounting are all under Business program.

That's why in general, business program is harder to get in and more competitive.

Mediocrity at its finest being competitive now. If money is the goal...CS.


#1 is chemical engineering

I'm sure it is on average. But, you can get much more pay and a high quality of life out of Tech. No one wants $120k just to live in Oklahoma or Houston.
Anonymous
Post 07/23/2024 15:49     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:As always, people still living in the 80s are clueless.

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

Business analytics, Finance, MIS, Accounting are all under Business program.

That's why in general, business program is harder to get in and more competitive.

Mediocrity at its finest being competitive now. If money is the goal...CS.


#1 is chemical engineering
Anonymous
Post 07/23/2024 15:44     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:As always, people still living in the 80s are clueless.

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

Business analytics, Finance, MIS, Accounting are all under Business program.

That's why in general, business program is harder to get in and more competitive.

Mediocrity at its finest being competitive now. If money is the goal...CS.
Anonymous
Post 07/23/2024 15:43     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:It is a rather vulgar degree. My grandmother wouldn’t have let a business major into her front parlor, and I rather think she had the right idea.


So no marrying into the merchant class?

Sounds like a Regency novel/Bridgerton.
Anonymous
Post 07/23/2024 15:43     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
As always, people still living in the 80s are clueless.

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

https://www.cbsnews.com/news/college-major-highest-lowest-incomes/

Business analytics, Finance, MIS, Accounting are all under Business program.

That's why in general, business program is harder to get in and more competitive.
Anonymous
Post 07/23/2024 15:42     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:Some commenters are not understanding the difference between the general business major and other degrees under the "business" umbrella, like finance, or accounting.

You can look at this graph and sort out salaries based on the type of business major you choose. If you look at *general* business/commerce majors for a bachelor's degree, you really get a sense for how crappy of a degree it is. NYU and UVA will get you 80K two years out, but then you are looking at salaries in the 60s, and the graduates of the institution with the 8th highest earners are making 55K. Two years out of college.

I really expect my kids to be smarter than that. If you're going to blow a bunch of money on a low-ROI degree, at least make it a degree that does some good in the world and/or gives you some true life satisfaction.

https://cew.georgetown.edu/cew-reports/business/

Well it's NYU and UVA. You can leverage all kinds of degrees out of top schools, and there's not as much need to "play it safe" when historically these grads have been able to major in almost anything and end up successful (less for UVA, but this is especially true at top smaller colleges).
Anonymous
Post 07/23/2024 15:39     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:Snobbery?

STEM is hot. Law is prestigious. DCUM seems to not like many majors outside those fields.


I think degrees in nursing, early childhood education, soil science, construction management, etc. are all better than a business degree, and I imagine that most DCUMers would agree with me. It's not about snobbery at all.


Early childhood education is important but you run the risk of making as low as minimum wage for your entire career. It would be a terrible financial decision to major in it.
Anonymous
Post 07/23/2024 15:38     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:It is a rather vulgar degree. My grandmother wouldn’t have let a business major into her front parlor, and I rather think she had the right idea.


Is that a euphemism?
Anonymous
Post 07/23/2024 15:38     Subject: Why are DCUM parents less inclined to have their child major in business?
Some commenters are not understanding the difference between the general business major and other degrees under the "business" umbrella, like finance, or accounting.

You can look at this graph and sort out salaries based on the type of business major you choose. If you look at *general* business/commerce majors for a bachelor's degree, you really get a sense for how crappy of a degree it is. NYU and UVA will get you 80K two years out, but then you are looking at salaries in the 60s, and the graduates of the institution with the 8th highest earners are making 55K. Two years out of college.

I really expect my kids to be smarter than that. If you're going to blow a bunch of money on a low-ROI degree, at least make it a degree that does some good in the world and/or gives you some true life satisfaction.

https://cew.georgetown.edu/cew-reports/business/
Anonymous
Post 07/23/2024 15:37     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 unless it's from a really highly regarded program, it's viewed as less rigorous than other majors (econ, writing-heavy liberal arts degrees, stem degrees like math, etc.)


Yes, and the same applies even to top ranked MBA programs. Their reputation is for networking, not academic rigor.


My impression is that the quality of business faculty is equivalent to the quality of the overall institution. Unless it's a field like Finance, where, as with CS, the professor candidates can make more money outside academia.

What people complain about is really about the outlook of the students who study business. I was quite serious about my MBA studies but a lot of people were just trying to get rich by getting to consulting or The Street. A lot of grad school is about pursuing one's own vocational interests. The people who are not obsessed with finance and consulting are fairly fun and interesting people. The marketers have a big impact on your daily life as a consumer.
Anonymous
Post 07/23/2024 15:34     Subject: Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:Because my sister-in-law majored in business, and had a terrible post-college employment record. It’s probably her, but it’s colored my perception of the major irreparably.


Knew someone who got a BA Business and ended up in law enforcement because could not find a job in business.

Some folks who major in Business do just fine, but others not so much.
Anonymous
Post 07/23/2024 15:30     Subject: Why are DCUM parents less inclined to have their child major in business?
its a waste of a degree. do a business minor ( acctg, financial mgmt, mktg and ops )
Anonymous
Post 07/23/2024 15:27     Subject: Why are DCUM parents less inclined to have their child major in business?
It is a rather vulgar degree. My grandmother wouldn’t have let a business major into her front parlor, and I rather think she had the right idea.
Anonymous
Post 07/23/2024 15:26     Subject: Re:Why are DCUM parents less inclined to have their child major in business?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Snobbery?

STEM is hot. Law is prestigious. DCUM seems to not like many majors outside those fields.


I think degrees in nursing, early childhood education, soil science, construction management, etc. are all better than a business degree, and I imagine that most DCUMers would agree with me. It's not about snobbery at all.

I wonder why you list early childhood education? It pays pretty poorly compared to the others.


Because it's not about money, it's about all the factors I use to judge majors. Somebody who picks early childhood education is doing so because they want to, well, educate children, and I'm all about that. They have consciously chosen less money and prestige for the sake of helping others.

But actually teachers don't make that much less than business majors! I'm a teacher myself and only a few years in, and I make more than the median business major, according to this article. And I only work 10 months out of the year.

https://www.zippia.com/business-major/salary/


Would you say its less notable to go into high school ED to make more?