Economics a Good Choice of Major

A half a century ago the traditional college degree was a bachelors in a liberal arts discipline. Recently a large number of degrees acquired are in a specific profession or in business, or business administration type discipline. While that worked for a long period of time, we are now in a changing world of

This article “Students of Success” written by Lynn Cheney was very well written. Cheney’s point in this article is that students in liberal arts shouldn’t be over looked in the world of business. She explains that students in liberal arts have the opportunity to become anywhere from Management to the next president of the united states. People should understand that its not the field you major in but it’s the way you use your major. Cheney states that students who follow their hearts in choosing majors will mostly end up laboring at what they love.

For most of high school, whether I should study business or engineering muddled my college search. I have always had the people skills of a successful salesman or businessman; however, I also understand the importance of learning a technical skill in one’s professional success. I finally chose the engineering school at Texas A&M because, among other factors, the challenge of learning the upper level math and science required to earn a degree here piqued my interest.

I realized I had a calling for business after taking classes such as Intro to Business, Marketing, and Accounting, but it was only last year that I found my true calling in AP Economics. The class’s mix of history, mathematics, and psychology fascinated me and I was inspired to take AP Psychology and AP BC Calculus to better prepare for a future in the study. I soon started reading the Economist, became enthralled by Game Theory, and spent days researching current Economic situations around the world to better understand the application and effects of different policies. Eventually, I went even further beyond the scope of the class by reading the Wealth of Nations.

Steve Jobs and Kanye Wests’ names are synonymous with innovative technology and award-winning music, but following these enormous reputations are larger-than-life egos. In today’s highly-competitive society, it seems as if big egos are the norm rather than the extreme, with many individuals gaining an overly dominant and unhealthy belief of self-importance that devalues organizations and teams. This notion has been quantitatively proven in a study by Michael Cooper that determined “CEO pay is negatively related to future shareholder wealth changes for periods up to five years after sorting on pay”, in other words, despite the poor performance of their respective companies, CEOs get paid even higher than normal. Though choosing status over results has never been an experience I’ve personally had, choosing status over other important things like happiness and friendship are. These temptations

In the article “Making college relevant” Kate quoted that even before the students arrive on campus, the students and their parents are increasingly focused on what would come after college. That is very true because parents have a lot to say when it comes to the investment they are doing and they want to know the outcome of it. My dreams have been to be a teacher, but everyone knows that teachers are not well paid and they have to work more than just eight hours a day. In the article “wealth or waste? Rethinking the value of a business major” by Melissa Korn she wrote that 20 percent of the undergraduates are business majors that is for every five undergraduates one is a business major, it nearly doubles the social science and history that are some of the most common majors. The top college degrees are business, social science/history, health professions and related clinical science, education, psychology and visual and performing arts. Many people have critiqued universities and their ethics of what the students have to be able to do to be able to be considered a good candidate for a

College is a stepping stone into the real world. Many students would agree they pursue a college degree to obtain more money in their career. However, this pursuit isn’t only because of money, but also led by the heart-felt desires of the students. Conversely, Harvey Bump comments “Only those who are independently wealthy can afford the luxury of developing their souls while in college. College education in 2015 must be job training”. There is no exclusiveness to students who want to follow what majors they’re interested in. Lynn O’Shaughnessy clarifies in her article, “8 Reasons Not to Get a Business Degree”, that parents pressure their children into selecting “practical majors” based on their perception of what the job market needs. Many

My goal is to become a CEO of a large corporate firm involving pharmaceuticals or insurance. In order to make that goal come alive, I will be attending St. John Fisher College and take the classes I need to be successful in those fields so I can receive a Bachelor's Degree in Business Management and Marketing. By declaring the Business Management and Marketing majors, I will learn the specialized skills I need in order to sell my personal business image, which is important because it will benefit in the long run allowing me to achieve my future career goals.

While having a degree in the practical field that one applies a job to may not be essential, higher education prepares one with life skills that boost one’s job performance, leading to success. In the article, Cappelli indicates that employers report that one’s college major is not that important: “ …top on the list is internships, followed by other work experience, college major…” (Cappelli, 2015, pg 1) From this, it is clear that Cappelli believes that having internships and work experience is enough to get one a job. Nonetheless a college major is more than a certificate, many life skills one learns at college will prepare them with qualities that make them job- ready. Money management would be learnt as one have a set amount of money each

My love for finance blossomed when I enrolled in AP Economics during my junior year in high school. It grew when I attended a Yale Global Scholars Program and interned at a wealth management firm for two years. Finally, after I started working in a startup during my freshman year, I knew investment banking was my true passion.

General Purpose: To inform college junior and senior level business graduates on how to make an informed career decision.

Factors to be considered are salaries, what will I start off with? What degree do I need to earn what I actually want? What am I good at? For sure the decision is complicated. Throughout this essay, we have compiled the three most popular fields of study chosen by college students.

In 2003 the average pay for CEOs at 200 of the largest U.S. companies was $11.3 million--but there are a good number whose compensation packages approach the $100 million mark. Faced with these figures, Americans from all walks of life--who revile CEOs as greedy fat cats--are overcome with bewilderment and indignation. Astonished to learn that what an average worker earns in a year, some CEOs earn in less than a week--people ask themselves: "How can the work of a

When I was first given this assignment I was extremely perplexed at how I would even begin to finish it. I had no idea how economics related to my life in anyway. I hadn’t thought about it critically and I struggling terribly. Thanks to some much needed help from a fellow classmate, he allowed me to get an idea of things from his own essay. After reading not one, but two other essays, I was so surprised at how oblivious I had been. I never realized that just about everything that goes on in my daily life is, in fact, economics. I never realized that from the things I buy to the money I earn from working is all economics. The things I miss out of while working or going to school is a complete opportunity cost. Or even

One thing that varies faster than the gasoline price may be the debate around the value of a right path for a young adult— which major guarantees a smooth access to a decent job offer. According to the article, “Not All College Majors Are Created Equal”, the author, Michelle Singletary, indicates that college degrees are not the same based on the different majors. She starts her article with a question that she asked her college students, “What’s your major?” Singletary immediately determines her student’s future by the major that the student is choosing. Later in the article, she states her opinions on how majors have played a great important role in one’s career life by using different examples and statistics. Indeed, college majors are not