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Somebody explain the practical differences between the various business majors.
Posted on 3/10/15 at 2:12 pm
Posted on 3/10/15 at 2:12 pm
I know there is Accounting, Finance, Marketing, Economics, and General Business. Maybe one or two others. I know the differences conceptually, but who makes money as an adult and who does not? Or does it really not matter? (I know marketing is a chick major.)
My daughter is a finance major at LSU. I think it's a good fit for her, but I have no idea if there might be a better one.
My daughter is a finance major at LSU. I think it's a good fit for her, but I have no idea if there might be a better one.
13
Posted on 3/10/15 at 2:59 pm to Slippy
Every marketing major enters the workforce thinking they are hot shite, only to waffle around for a while in a sort of workplace purgatory.
This is just my experience, having worked for a few major CPG companies. We'd hire a group of "Junior Marketers" and basically throw them in the Thunderdome and 1 or 2 would emerge as actually worth a shite. The rest would be let go.
For the most part, they all think they are ready to be the next major brand manager, but they have very little business sense.
Finance majors who come in looking for a finance career often do pretty well. And, if they are outgoing enough and not just number geeks, they show pretty good ability to move into sales or marketing within a few promotions.
This is just my experience, having worked for a few major CPG companies. We'd hire a group of "Junior Marketers" and basically throw them in the Thunderdome and 1 or 2 would emerge as actually worth a shite. The rest would be let go.
For the most part, they all think they are ready to be the next major brand manager, but they have very little business sense.
Finance majors who come in looking for a finance career often do pretty well. And, if they are outgoing enough and not just number geeks, they show pretty good ability to move into sales or marketing within a few promotions.
Posted on 3/10/15 at 3:01 pm to Slippy
Finance and Accounting > the rest.
Posted on 3/10/15 at 3:03 pm to Slippy
Marketing and General Business are degrees that give students a little bit of everything from business, but there is no real specialization (more true for Gen. Biz than Marketing) - in marketing you can obviously specialize in certain aspects.
Accounting, Economics and Finance degrees are more in demand, more specialized and you can't bullshite your way through them.
If your daughter is a numbers girl and she has an interest in it, Finance seems like a good fit with several opportunities in several industries.
Accounting, Economics and Finance degrees are more in demand, more specialized and you can't bullshite your way through them.
If your daughter is a numbers girl and she has an interest in it, Finance seems like a good fit with several opportunities in several industries.
Posted on 3/10/15 at 3:25 pm to Slippy
Finance or Accounting. CFA (finance) is a whole lot harder to get than a CPA license, but you can major in finance and as long as you take the correct electives, be eligible to sit for the CPA
marketing is a waste
general business may as well be general studies
econ is hit or miss, id recommend staying away
the whole ISDS/computer informations is on the upswing, very good payoff after graduationg
cliffnotes: acct/finance or ISDS
marketing is a waste
general business may as well be general studies
econ is hit or miss, id recommend staying away
the whole ISDS/computer informations is on the upswing, very good payoff after graduationg
cliffnotes: acct/finance or ISDS
Posted on 3/10/15 at 3:36 pm to Slippy
Can't go wrong with Finance, Accounting, or ISDS.
However two of those are soul crushingly boring and the other is Finance.
ETA: the rest
Econ>>>Marketing>Management>>>>>G Bus
However two of those are soul crushingly boring and the other is Finance.
ETA: the rest
Econ>>>Marketing>Management>>>>>G Bus
This post was edited on 3/10/15 at 3:38 pm
Posted on 3/10/15 at 3:37 pm to Slippy
accounting:prepares you to be an accountant. Doing taxes, tracking cost, ect. It's the most focused business major and also probably the most useful one. It takes a certain kind of personality though, analytical and detail oriented.
Marketing: study of how to sell things. This is the second most focused and second most useful business major. Requires a certain type of personality though.
Financing: all about investing capital and taking out loans. It's about interest and investing. Third most focused, 2nd most useless because few students actually get to go to finance jobs when they graduate, but the information is very good to know in general.
Economics: study of the economy. It's absolute bullshite because Keynesian economics (what your kid will likely be taught unless they go to Auburn or Loyola) is the kind of bull shite that says a broken window is good for the economy because then we have to pay to fix them, without realizing that the money used to fix the window would otherwise have gone to something more useful. Most useless business major as most economist positions are purely academic.
General Business: This is the most broad business major and pretty average for usefulness. One learns a lot that is very applicable to a wide variety of jobs, but the major is also held by so many people that it lacks much cache as a major. It's just really generic.
Marketing: study of how to sell things. This is the second most focused and second most useful business major. Requires a certain type of personality though.
Financing: all about investing capital and taking out loans. It's about interest and investing. Third most focused, 2nd most useless because few students actually get to go to finance jobs when they graduate, but the information is very good to know in general.
Economics: study of the economy. It's absolute bullshite because Keynesian economics (what your kid will likely be taught unless they go to Auburn or Loyola) is the kind of bull shite that says a broken window is good for the economy because then we have to pay to fix them, without realizing that the money used to fix the window would otherwise have gone to something more useful. Most useless business major as most economist positions are purely academic.
General Business: This is the most broad business major and pretty average for usefulness. One learns a lot that is very applicable to a wide variety of jobs, but the major is also held by so many people that it lacks much cache as a major. It's just really generic.
This post was edited on 3/10/15 at 3:40 pm
Posted on 3/10/15 at 3:40 pm to Slippy
I think Economics and Finance are probably the smartest people. Followed by Accounting. After that, you have the dummy's in Business and Marketing.
Posted on 3/10/15 at 3:47 pm to Slippy
quote:
Economics
or gtfo
Posted on 3/10/15 at 3:51 pm to Slippy
quote:
My daughter is a finance major at LSU. I think it's a good fit for her, but I have no idea if there might be a better one.
I think she'd be better off if she majored in sucking dicks. No glass ceiling in that industry. Sky is the limit.
Posted on 3/10/15 at 4:57 pm to Slippy
Major in the highest technical application that you can handle- that means acct, finance, and econ(if it is in the business dept at your school).
Posted on 3/10/15 at 5:06 pm to Slippy
Accounting is always in demand. A company can't simply not comply with accounting rules and regulations. Great pay.
IS is next. Computers are needed for everything.
Then finance. Most of what finance does someone with limited background could do (not talking CFA).
Marketing is blah to me. Advertising budgets are some of the first things to get cut during hard times.
IS is next. Computers are needed for everything.
Then finance. Most of what finance does someone with limited background could do (not talking CFA).
Marketing is blah to me. Advertising budgets are some of the first things to get cut during hard times.
Posted on 3/10/15 at 5:08 pm to Slippy
For an extra year in school, she can get that MBA.
Posted on 3/10/15 at 5:13 pm to Slippy
IYAM if you're a finance major you might as well go the full monte and major in accounting.
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