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Rank: Frosh
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Joined: 4/4/2008
Posts: 15
Location: scarborough
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hey, gr11 student here
im wanting to go into business for university,
and am considering economics
the thing that throws me off is that it results in a BA, not a BBA or BComm
do employers look down upon that?
since it is a BA, does it mean that its any "easier"
how well do economics majors fare on the job market?
are there many opportunities/do they end up doing similar work as commerce/management studentS?
any help would be greatly appreciated?
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Rank: Student Body President
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Posts: 1,813
Location: Wilfrid Laurier University
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There is overlap but there are some things econ majors do that biz majors don't and vice versa.
The fact that it's a BA instead of a BBA or Bcomm is not important. Economics and BBA/Bcomm tend to lead to different careers.
-Stringer
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Rank: Valedictorian
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Posts: 679
Location: Kingston, ON
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The BA vs Bcomm distinction is not important.
i know that at queen's and McGill econ majors do more math then the commerce kids.
BAH '08 (Queen's) MA'11 (Queen's)
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Rank: Student Body President
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which would be a better school for economics--in terms of course availability, professors, etc. from people who have knowledge of either---laurier, western, or waterloo? (just out of curiousity's sake)
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Rank: Senior Student
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Joined: 4/28/2008
Posts: 108
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Stringer wrote:There is overlap but there are some things econ majors do that biz majors don't and vice versa.
The fact that it's a BA instead of a BBA or Bcomm is not important. Economics and BBA/Bcomm tend to lead to different careers. Do you know, if in general, BCOMM/BBA Degrees commend a higher salary than a BA Economics Degree?
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Rank: Valedictorian
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Joined: 5/22/2008
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Location: Kingston, ON
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martin wrote:Stringer wrote:There is overlap but there are some things econ majors do that biz majors don't and vice versa.
The fact that it's a BA instead of a BBA or Bcomm is not important. Economics and BBA/Bcomm tend to lead to different careers. Do you know, if in general, BCOMM/BBA Degrees commend a higher salary than a BA Economics Degree? The average Econ grad makes 33K http://www.jobfutures.ca/fos/U820.shtmlThe average commerce grad makes 40K http://www.jobfutures.ca/fos/U120.shtmlWith that said, you may prefer one to the other. See which program is suited to your liking
BAH '08 (Queen's) MA'11 (Queen's)
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Rank: Student Body President
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which one is better for someone who is more interested in the academics side--maybe working as an analyst or advisor or even a professor or grad student? i've always thought that commerce was more for people who want to work in the business field and economics was more for people interested in the theory or mathematical side of it. am i totally off?
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Rank: Student Body President
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Location: Wilfrid Laurier University
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Redrose27 wrote:which one is better for someone who is more interested in the academics side--maybe working as an analyst or advisor or even a professor or grad student? i've always thought that commerce was more for people who want to work in the business field and economics was more for people interested in the theory or mathematical side of it. am i totally off? They are different disciplines. Economics is a social science. It's basically a collection of theories that help predict the distribution of scarce resources. Business is a very broad discipline that revolves around making money. Economics tends to be more theoretical whereas business is more practical.
-Stringer
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Rank: Student Body President
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so what sorts of jobs would economists get that commerce students wouldn't? i'm assuming that before they do the practical the commerce kids also do the theoretical stuff...so what's the upside of going into economics rather than commerce or other more practical application business fields?
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Rank: Student Body President
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Location: Wilfrid Laurier University
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Redrose27 wrote:so what sorts of jobs would economists get that commerce students wouldn't? i'm assuming that before they do the practical the commerce kids also do the theoretical stuff...so what's the upside of going into economics rather than commerce or other more practical application business fields? They are difference discplines. Economics majors will typically work jobs that involve doing economics, and business majors do business work. There is overlap obviously, but business students tend to do things like management, human resources, finance, accounting, etc. whereas economists do more analytical work.
-Stringer
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Rank: Frosh
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Since I have a friend who is studying in Economics, I think I can answer your question. Economics deals with more theoretical aspect of the economy but business deals with a broad range of business application. So , it would be better to go to business field than economics. Another good thing with both fields is that one can easily switch to another one in the graduate level if she/he decides to switch. There are very good business schools in Canada such as Ivey, Laurier and York but I don't think that it is really matter in the undergraduate level. Good luck.
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Rank: Student Body President
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is the economics program at laurier strong? How are the professors/course offerings/class sizes in that field? I think economics is a much more attractive field for me since i'm definitely more of an analytical type
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Rank: Frosh
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I would recommend Business program, especially for you that haven't decided about your specific field. In case you decide to go to the economic field, you can easily switch to it later on or choose that route for your Master or PhD program. My suggestion would be to choose schools that are offering both programs for flexibility down the road.
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Rank: Frosh
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Also, I forgot to mention that Laurier is one of the top Business & Economic school in Canada. They started PhD program a few years ago and also was accredited with AACSB. A few business Schools in Canada have this accreditation certificate while Laurier received it several years ago.
FYI, AACSB International accreditation represents the highest standard of achievement for business schools, worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. AACSB International accreditation is the hallmark of excellence in management education.
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