What the different between economic degree and business administration degree?
what field is more beneficial and more convinient to get a job after graduation
Answer:
1st point:
Economics is a pure social science field. So you will be involved with gaining a general understanding of fundamental economic literature streams and will be given the option to dig deeper into a few key specializations.
Business administration is an applied field. So you will be operating at a less conceptual and more "practical" level. Many people prefer this. The down side is that it is often more cook book memorization than what many folks consider real knowledge or education.
2nd point.
It would be easy to say that a business degree has the potential for a better salary, except a critical factor is the person holding the degree and what they want to do. Degree related economics careers tend to be with the government and occasionally with banking. In unrelated fields, an economics degree is a good indication that the holder has mathematical aptitude - something that a business administration degree doesn't suggest.
A business degree by it nature fits most management positions and tends to have the potential for more pay. If you are looking at graduate school potential, the economics degree is an advantage. You might consider economics and later and MBA if you are looking for salary capacity and your hirability.
Note: Business administration curricula include, accounting, economics, industrial economics (in the form of strategic management), organizational behavior and operations management. Marketing, MIS and finance are usually electives in most programs.
One is about economic theories and methods of quantifying economic trends and indicators.
The other is about business theories and methods to reduce your workforce as much as possible and pay as little as possible (except for the CEO and CFO of course - your job will be secure and your pay will be out of proportion to your performance).
More Questions and Answers:
Please answer correct! The question is in details.?
If good A and B are complements, what happens to the market for good B if good A's price rises?
What is explain calculator?
Define summation of demand?
What fraction of the world’s population enjoys sanitation standards better than ancient Rome’s?
How is china benifiting from fixed exchange rate regimes?
What is the marginal contribution of medical care to the production of health in the United States?
What is the purpose of trade union?
How do you prepare to handle the cost of inflation?
Answer:
1st point:
Economics is a pure social science field. So you will be involved with gaining a general understanding of fundamental economic literature streams and will be given the option to dig deeper into a few key specializations.
Business administration is an applied field. So you will be operating at a less conceptual and more "practical" level. Many people prefer this. The down side is that it is often more cook book memorization than what many folks consider real knowledge or education.
2nd point.
It would be easy to say that a business degree has the potential for a better salary, except a critical factor is the person holding the degree and what they want to do. Degree related economics careers tend to be with the government and occasionally with banking. In unrelated fields, an economics degree is a good indication that the holder has mathematical aptitude - something that a business administration degree doesn't suggest.
A business degree by it nature fits most management positions and tends to have the potential for more pay. If you are looking at graduate school potential, the economics degree is an advantage. You might consider economics and later and MBA if you are looking for salary capacity and your hirability.
Note: Business administration curricula include, accounting, economics, industrial economics (in the form of strategic management), organizational behavior and operations management. Marketing, MIS and finance are usually electives in most programs.
One is about economic theories and methods of quantifying economic trends and indicators.
The other is about business theories and methods to reduce your workforce as much as possible and pay as little as possible (except for the CEO and CFO of course - your job will be secure and your pay will be out of proportion to your performance).
The answers post by the user, for information only, FunQA.com does not guarantee the right.
More Questions and Answers: