The economics major is also excellent preparation for graduate school. Some of our majors choose to go to law school or to graduate programs in economics. Economics has increasingly become an important component of the law, and an undergraduate degree in economics is an excellent preparation. Admission to graduate programs in economics are extremely competitive, yet our most outstanding majors have been admitted to the most prestigious programs. Most MBA programs find economics majors as attractive to them as business majors, and the best programs prefer economics majors to business majors.
Students often wonder what the difference is between a business major and an economics major.
Its like the difference between learning to be an auto-mechanic and learning to be an automotive engineer. The economics major is not designed to teach the student specific skills that they will apply directly when they start work. Rather, the economics major learns how to think critically about complex economic problems, and how to analyze quantitative data. After graduation these skills are then tailored to the needs of individual businesses. The success of our graduates proves that this approach works well.