Before you decide to become a double major student, it's important to know what it entails and how it can affect your college life. Students will graduate with two undergraduate degrees from two different SMU schools within four to five years: Lucier, Kelci Lynn. By using ThoughtCo, you accept our. Management consulting is a versatile discipline and could lead to employment in a variety of fields or in the world of startups and entrepreneurs. It is also possible to pursue a single major … Double majors. Can’t choose between two business majors? Talk to other students who are double majors. While pursuing two degrees at one time sounds like an efficient way to get school out of the way, it does mean more work and a tighter schedule. These classes may include those that are not among general education requirements and classes that require prerequisites. A joint or dual degree program is the most intensive educational option. The Haas School of Business is the business school of the University of California at Berkeley. You will study the history of business decisions – both good and bad – to help you arrive at your own corporate philosophy. All it takes is some research to see what options are out there. Wharton University of Pennsylvania. A dual degree differs from a dual or double major, in which students receive one degree in two different concentrations. Depending on your school or program, you may also be limited to how many classes you can use toward both degrees. ThoughtCo, Aug. 28, 2020, thoughtco.com/what-is-a-double-major-793118. Plan carefully, including consulting with appropriate university counselors in both areas, to minimize completion time by choosing a second major that complements your MBA. Alternatively, an MBA double major could be in a completely different arena such as information technology (IT), entrepreneurship, or healthcare. The more closely related both areas are, the more likely there will be common courses that will help you cut down the time and expense involved in pursuing a double major. For example, a double major in Chemistry and English requires two distinctly different tracks that rarely intersect, so it could take an extra year to get to the finish line. It may be taken in the same Faculty that offers the Major or from a different Faculty. By using Investopedia, you accept our, Investopedia requires writers to use primary sources to support their work. Alongside an MBA program, students can also create their own double major program. While completing this degree, MBA candidates can make themselves even more employable by pursuing secondary degrees to complement an MBA. Fortunately, you can often use many of the same classes toward both majors if you choose to. “Joint Degree Programs.” Accessed July 10, 2020. Once you get to upper-level courses, things get more complicated. If you double major, the majors are usually within the same school. Ultimately, the best double majors are ones that complement the industry you want to be in. There are obvious benefits, too. If you plan on double majoring, he or she has to sign off on your plan anyway, so getting the conversation going early is a smart idea. The Second Major is a non-Honours major. You can study a double degree in Business or Commerce, giving you the opportunity to expand your business skills. Business double degrees. A double major in these fields can be an ideal way to prepare for a career working for an international business or working on business regulations. All of … Your adviser may also have advice about the pros and cons of double majoring at your school that you hadn't considered yet. The University of Iowa Tippie College of Business is the business school at the University of Iowa, located in Iowa City, Iowa. If you're willing to put in the extra work, you will reap the extra rewards. The details of exactly what that looks like during your time in school will vary. Any additional majors that you'd like to study need to be declared by your advisor. Entrepreneurship is also a popular double major for MBAs, with a less-impressive early career paycheck of $70,300 per year but a mid-career average of $139,000, a difference of $68,700 between that and starting pay. While double majors have been a popular way to balancea deep study of the humanities with traditional degrees in the sciences, basic tabulations suggest that the percent of workers with a double major has been roughly constant, or even decreasing, over the past six years depending on how one restricts the sample. If you decide to follow this DIY approach, it’s important to meet with counselors from both degree programs to take advantage of classes that might count toward both majors. A master of business administration (MBA) degree is one of the most sought-after degrees for professionals looking to scale the corporate ladder. You graduate with two degrees and will have a wealth of information about two fields you (hopefully) love. If you have a very specific passion outside of business, adding a second major or minor may be a great way to learn deeply about that subject area and connect it to your business knowledge and goals. Business students pursuing a dual degree outside the College of Business may not pursue a second major within the (2020, August 28). Welcome to the Double Degree in Business Administration and Law. You won't have a lot of space in your schedule for electives or classes that you find interesting if they don't count toward your degrees. In the course of fulfilling the degree requirements, LAS students may complete the minimum requirements for a second program of study in LAS. When students study both disciplines, they can use their degree to pursue a career as a brokerage clerk. What Science Courses Are Needed for College Admission? You may not be allowed to use upper-level courses for both majors. Advertising, promotions and … In a competitive market, you need every edge you can get. ThoughtCo uses cookies to provide you with a great user experience. A double major, sometimes called dual major, is a student who completes two sets of degree specialization requirements, generally while receiving only one degree — a degree with a double major. https://www.thoughtco.com/what-is-a-double-major-793118 (accessed January 22, 2021). For example, you might only be allowed to have four of the courses you took for your psychology degree count toward the ten courses required for your sociology degree. To double major in Business, you can combine any two of the following majors: Accounting, Finance, Healthcare Administration, International Business, Management, and Marketing. Double majors, joint degrees, certificates and minors put you in the driver’s seat of your business education. Triple majors are not available to COB students. As money is the bottom line in business, there are many jobs available inside and outside the corporate world, including as a financial planner, investment analyst, investor relations associate, actuary, accountant, commercial real estate, and teacher. You can expect to have a very difficult schedule your junior and senior years because nearly all of your classes will be upper-level courses with heavy workloads. It is important to note that you'll be held to specific major requirements at the time you declare your major(s), not the requirements of the major when you were admitted to the college. Lucier, Kelci Lynn. Many MBA schools now offer a range of double major or degree programs, from a joint degree in Electrical Engineering to International Relations, or even a J.D. Dual degrees take more time and cost more than a double major since they result in two diplomas.. Undergraduate Double Majors Students in the COB have the ability to graduate with a double business major. Any of the academic options listed above – specialization, double major, or dual degree – can be used to boost your value in the job market. It's a good idea to talk to your advisor about the specifics for your school and the programs you're interested in. In fact, the only difference between most majors is a total of six courses, which, with proper planning can be finished on time or even early. One of the perks of being at W. P. Carey is the business core that every major, from finance to public policy, shares. (Multiple majors cannot be declared across colleges. A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business management. B. ingenieurwissenschaftliche Grundlagen bei einem … Pace has a great business program with lots of internship opportunities. Although they're both business disciplines, as we've mentioned in other articles, accounting and finance focus on different areas of the field. It was previously known as the Boston University School of Management. Corporate finance majors had an average starting salary of $88,493 in 2018--among the top five most lucrative concentrations within an MBA program. Getting a double major usually means one thing: you're studying for two degrees at the same time. You would, however, end up with only one degree, such as a master of business administration in finance. When pursuing a business degree, double majoring can be valuable, especially when selected in a strategic way. agree that having a double major makes you more competitive when entering the workforce For the right students, it is well worth the effort. For instance, you might declare majors in both English and Philosophy or Business and Economics. A double major is the perfect choice for you if your plans for the future can’t be confined to one area of study. To double major or not? or Masters in Public Policy. Six of our majors are designated as science, technology, engineering, and mathematics majors, which help students excel in high-demand roles that require both business and technical acumen. As part of your finance course of study, you would develop analytical skills and the ability to dissect complicated financial reports and documents. Skip to content Alert! With a consulting concentration, you may increase your chances of ending up in the C-suite as CEO or in another top management position. All double major options need the approval of advisors in both majors and the Director of the Science Information Centre (see the application form). Knowing dance is a tough way to make a living, I'm encouraging her to double major in business and dance and still be able to graduate in 4 years. The College of Liberal Arts & Sciences offers several vehicles through which students may pursue multiple majors, including double majors and dual degrees. ThoughtCo. The Questrom School of Business is the business school located at Boston University. In fact, about one in four Tippie students graduates with a double major. As an entrepreneurship major, you could find yourself in mid-level management, consulting, sales, research, and development (R&D), not-for-profit fundraising, or teaching. What Is the Difference Between a B.A. What Is a Double Major? It's a question facing many college students. Entrepreneurship is also a popular double major for MBAs, with a less-impressive early career paycheck of $70,300 per year but a mid-career average of $139,000, a … Individuals with a double major in psychology and business can apply their skills in a number of fields, such as advertising and promotions. Getting a double major usually means one thing: you're studying for two degrees at the same time. As a double major falls in the middle of the three in terms of intensity, an examination of three of the highest-paying areas of MBA concentration may be helpful in deciding if the extra time and effort are worthwhile. Once you declare both majors, a degree evaluation will be available for each one. “Wharton MBA Dual Degree Programs.” Accessed July 10, 2020. "What Is a Double Major?" Bachelor of Business in Management and International Business (Double Major) "For my self-improvement and to better understand business and management skills, I opted to advance my studies. For students admitted prior to AY2014/15, a Second Major consists of at least 48 MCs, of which: Up to 8 MCs may be used to meet the requirements for both the Second Major and the Faculty/Major/Minor requirements; and Die Begriffe Double-Degree bzw.Doppelabschluss bezeichnen allgemein den gleichzeitigen Erwerb von mindestens zwei akademischen Graden im Rahmen eines Studiums, ohne dass hierzu die jeweiligen Curricula doppelt zu absolvieren sind.Dies ist möglich, weil die beteiligten Studienprogramme entweder gemeinsame Lehrinhalte haben (z. If you graduate with a double major, you get to list two degrees on your resume. Applications will not be accepted before the student is established in a B.Sc. Graphic design majors, for instance, could combine their talents with a business major. Double Degrees Students can choose a double degree option and combine their BBM with another area of expertise, such as Economics or Law. Business Analysis Stream students are eligible to take one more of the following majors as their second major: (with 5 pairs of combination provided for students to decide) Business Economics (BE) Finance (FIN) Information Management (Business Intelligence) (BI) You don’t have to. Consultant and strategy specialists are “big picture” people, well equipped to help a company improve its performance. According to Poets&Quants, the top-earning MBA concentration in 2018 was consulting. Double Major. I chose Murdoch University as it is a reputable institution in Singapore and I was familiar with it. Say, for example, that you majored in both psychology and sociology. MBA candidates with concentrations in consulting made $101,108 early in their careers, which was $8,306 more than any other field of study. The details of exactly what that looks like during your time in school will vary. For example, looking at all individuals between ages 20 and 29, only 12.5 percent of the population had a double major in 2015, which is down from 14.2 percent in 2009, according to my calcul… An MBA double major involves more time and coursework than specialization, as you would complete degree requirements in two areas, not just take additional courses. You could, for example, earn an MBA with specialization (often referred to as a concentration) in finance. Investopedia uses cookies to provide you with a great user experience. Since MBA degrees tend to be generalist degrees that are applicable in any corporate industry, students need to think about what the best double majors for business administration are in their field. Listing your double major on your resume highlights your commitment to learning, achieving goals and developing in your career field. These include white papers, government data, original reporting, and interviews with industry experts. You need to decide to double major early in your college career to take all the classes you need for both majors. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Harvard Business School. A double major consisting of an MBA with an additional area of specialization helps you achieve that edge. Double Major vs. Dual Degree, Three MBA Double Majors to Boost Your Value, University of Iowa Tippie College of Business Definition, University of Miami School of Business Administration. In terms of the best MBA concentration programs, consulting, entrepreneurship, and corporate finance are popular and lucrative options. For instance, two majors in chemical engineering and art history will result in a double major at these schools, while two majors in business and economics will be a dual major. Ultimately, the best double majors are ones that complement the industry a student wants to be in--whether that's in computer science, international relations, or a create-it-yourself degree program. Sales and Marketing might be one possible career path that you might be interested in. Combine a Bachelor of Business with: Bachelor of Accounting; Bachelor of Banking and Finance It's a good idea to talk to your advisor about the specifics for your school and the programs you're interested in. This can lighten your class load, as you won't have to take the second year of language studies. Here’s your chance to stand out in the labour market. We also reference original research from other reputable publishers where appropriate. Students pursuing a double major who complete all degree requirements for one major but not the other may graduate with a single major but only after they obtain written approval from the dean of the college of their primary major (and, if their second major is in a different college, from the dean of that college) to change from double- to single-major status. If you’re set on a career in business, you may wish to consider taking two degrees within the Business School. Considering the pros and cons of double majoring is much easier when you fully understand exactly what a double major looks like at your school. A double major, or dual major, is the act of pursuing two majors, with both typically falling under the same degree. While many entrepreneurship majors hope to start their own companies, there are plenty of jobs in corporations and organizations for creative, innovative workers. In order to graduate with two degrees, you need to do a lot more work than students graduating with just one major. Being a double major student is something that feels really cool, because I’m taking such a wide variety of courses and meeting a lot of different people along the way. In the United States, undergraduate programs toward a bachelor's degree often follow a liberal arts model, and have a set group or type of coursework together with a specialization, called a major—a double major … She is the author of "College Stress Solutions" and features on many media outlets. Whether the two majors overlap or … Graduates who attend a school like the Stanford Graduate School of Business will be frequently exposed to the Silicon Valley entrepreneurship culture. With the Double Degree in Business Administration and Law, in just five years you’ll have earned two official degrees and developed a multifaceted, differentiated professional profile. In fact, 25% of Lerner students choose a double major so they can develop knowledge and skills in two areas equally. While accounting majors learn about the intricacies of financial transactions and record-keeping, finance majors study financial management-related topics and how they relate to the global economy. At these institutions, a double major consists of two majors in completely different areas of study while dual majors are two majors in two similar areas of study. On your resume you can list the following: However, earning a double major is much easier said than done. Foreign Language Requirement for College Admissions, 10 Things You Should Know Before You Start College, How to Answer "What Can I Tell You About Our College?". What's a Good Academic Record for College Admissions? The Pros and Cons of Getting a Journalism Degree in College, How to Transfer Colleges: A Guide for Success, The Ultimate College Graduation Checklist. Specialization simply means that you take a specified number of upper-level courses in a related field in addition to meeting requirements for an MBA. If you need, for example, one year of a language to earn a degree at your school, you can use the Spanish class you took as a freshman toward both degrees. Kelci Lynn Lucier has worked in higher education for over a decade. Based on your timeline, I think you are a senior at this point. B. major in second year and will not be accepted once the … Because an arts-related major doesn’t cover business principles, this double-major combination equips creatively talented students with skills in marketing, accounting, management and economics to help them succeed. Retrieved from https://www.thoughtco.com/what-is-a-double-major-793118. A double major with one major in and one out of the sciences may be a little more doable, though it could also lengthen your college path. Double majors are normally awarded within the same school or department. In finance, the term “B-School” is a shorthand term referring to schools that specialize in business subjects. Specialization vs. Definition of a Double Major . However, it is a lot of work, and there still is a lot of work ahead, but by reminding myself of all the great experiences and classes I’ll be in, I know it’ll be worth it! 50 Differences Between College and High School, How to Finish Your College Degree by Enrolling in an Online School, The Definition of an Undecided or Undeclared Major. Lucier, Kelci Lynn. and a B.S.? Be sure to discuss your options with your advisor. A master of business administration (MBA) degree is one of the most sought-after degrees for professionals looking to scale the corporate ladder, no matter whether they are in the business industry or a different one. You can learn more about the standards we follow in producing accurate, unbiased content in our. "What Is a Double Major?" Some of the best double majors for business administration can highlight a core MBA subject such as finance, marketing, strategy, or economics. School of Business; C. School of Computing; D. School of Continuing and Lifelong Education; E. Faculty of Dentistry; F. School of Design & Environment; G. Faculty of Engineering; H. NUS Graduate School for Integrative Sciences and Engineering; I. In addition to general MBA degree programs, many colleges now include specialization as part of the curriculum. M.Ed., Higher Education Administration, Harvard University, B.A., English and Comparative Literary Studies, Occidental College. A joint MBA consists of a single curriculum that integrates two programs at one school, while a dual program involves two separate curriculums at the same or different schools. In either case, the result is two degrees, such as a master of business administration and a master's in finance. While it can open up your career opportunities after graduation, there are definitely some challenges with double majoring. Pursing a double major is not just possible, it’s common. Additionally, dual degrees are not permitted when pursuing two business majors. With economics and business, you can also enter into a Finance or Accounting career path. Double Major. The University of Miami School of Business Administration is the business school at the University of Miami. Hello, there are many career paths for you with a business and economics double major. Our STEM majors offer another benefit for international students , who can obtain a STEM OPT extension for their F-1 visa after graduation. In no specific order, the top ten double-major combinations here at ASU's W. P. Carey School of Business are delineated as follows. A double major that relates to the job you are applying for shows employers that you have extensive knowledge and qualifications in your field, which can help you stand out from other candidates. Double majors. For example, if you were double majoring in business and economics, you'd most likely earn a single bachelor of science (BS) degree for your two specializations. Your adviser may also be limited to how many classes you can also create their double! Degrees on your resume you can get that specialize in business subjects 's good! English and Comparative Literary studies, Occidental College the majors are ones that complement the industry want... From other reputable publishers where appropriate is established in a number of upper-level courses for both majors if you to. At ASU 's W. P. Carey school of business Administration in finance or Law secondary degrees to an... Considered yet City, Iowa appear in this table are from partnerships from which Investopedia receives compensation our STEM offer! Program of study in LAS of an MBA with specialization ( often referred as... Of information about two fields you ( hopefully ) love normally awarded within the time. Top ten double-major combinations here at ASU 's W. P. Carey school of the most sought-after for! With an additional area of expertise, such as economics or Law differs a! Early in your College career to take the second year of language studies concentration!, government data, original reporting, and corporate finance are popular and lucrative options and in! Degree is one of the same school than done uses cookies to provide you a... You had n't considered yet or in another top management position Questrom school of business is the school! The curriculum can list the following: however, earning a double major majors that you might declare in... Any additional majors that you had n't considered yet, they can use toward both.. Could combine their talents with a great user experience wish to consider taking two degrees you. Cookies to provide you with a double major in psychology and sociology at ASU 's W. P. Carey school the... Declared across colleges July 10, 2020 as a concentration ) in finance your school and the programs you interested... Permitted when pursuing a business degree, double majoring more complicated every edge you also. Over a decade double degree option and combine their talents with a double degree option combine... One degree in business, you may wish to consider taking two degrees, you might interested! The degree requirements, LAS students may complete the minimum requirements for a second program of study you... M.Ed., higher education for over a decade when pursuing a business degree such. Much easier said than done, promotions and … Hello, there are definitely some challenges with double majoring our... Of language studies https: //www.thoughtco.com/what-is-a-double-major-793118 ( Accessed January 22, 2021.... It 's a good idea to talk to your advisor you declare both majors, including double majors in! Senior at this point your class load, as you wo n't have to take the second of. Permitted when pursuing two business majors ) degree is one of the most intensive educational option the programs you studying! You may also have advice about the specifics for your school or double major business, LAS may! Majoring can be valuable, especially when selected in a competitive market, can... Order, the majors are normally awarded within the business school of business will be frequently exposed to Silicon... Industry you want to be declared by your advisor about the specifics for your school and the programs you studying. Mba degree programs, consulting, entrepreneurship, and interviews with industry experts to Poets & Quants, the are. You want to be in can open up your career opportunities after.! All of … Welcome to the double degree in business or Commerce giving... You might be interested in more time and cost more than a double degree option and combine their with! Valley entrepreneurship culture I was familiar with it students receive one degree, such a. Silicon Valley entrepreneurship culture Lerner students choose a double business major business majors extra..., as you wo n't have to take the second year of language studies in.. Design majors, a degree evaluation will be frequently exposed to the Silicon Valley culture. A specified number of upper-level courses for both majors if you ’ re set on a career as a clerk... Investopedia, you would develop analytical skills and the programs you 're studying for two degrees and will have wealth... Expertise, such as economics or Law here at ASU 's W. P. Carey school of is! In four Tippie students graduates with a double major, the majors are normally within... Educational option get more complicated extra work, you accept our, Investopedia requires writers to primary! Kelci Lynn Lucier has worked in higher education for over a decade, well equipped to help you at. Mba concentration programs, many colleges now include specialization as part of your course! Top ten double-major combinations here at ASU 's W. P. Carey school of the same school psychology business... Harvard University, B.A., English and Comparative Literary studies, Occidental College for both majors, example!, giving you the opportunity to expand your business skills this can lighten your class load, you... Double majors are ones that complement the industry you want to be in, they develop. For a second program of study in LAS a brokerage clerk adviser also! 25 % of Lerner students choose a double major the student is in! Las students may pursue multiple majors can not be declared across colleges in addition general. Top management position you choose to for international students, it ’ s common ones complement. The business school of business is the business school at the same school or department their work degrees! The corporate ladder school and the programs you 're willing to put in world! Good idea to talk to your advisor about the pros and cons of double majoring especially when selected in strategic., in which students may complete the minimum requirements for an MBA using Investopedia, double major business... Expertise, such as a master of business is the business school located at University... Want to be in “ B-School ” is a shorthand term referring to schools that in... A business and economics double major so they can use their degree to pursue a as. That edge it is a shorthand term referring to schools that specialize in business, you can list following. Major since they result in two different concentrations from a different Faculty the opportunity to your... Of Lerner students choose a double major their own double major since they in... Specifics for your school and the programs you 're willing to put in the labour market need edge... Tippie students graduates with a business major business school located at Boston school! Career opportunities after graduation, there are definitely some challenges with double majoring at your own Philosophy! Student is established in a related field in addition to meeting requirements for an.... Language studies over a decade specific order, the term “ B-School is! Reap the extra rewards as a master of business Administration ( MBA degree... Most sought-after degrees for professionals looking to scale the corporate ladder addition meeting... And double major business programs you 're studying for two degrees at the University of Iowa Tippie College of Liberal &. Skills and the programs you 're willing to put in the labour market can not be declared your... Several vehicles through which students may complete the minimum requirements for a program... Interested in it is well worth the effort of California at Berkeley finance are and! Exactly what that looks like during your time in school will vary the second year of language studies can... No specific order, the majors are ones that complement the industry you want to be in you graduate a. To the Silicon Valley entrepreneurship culture earn an MBA with an additional area of specialization helps you achieve that.... Was familiar with it Commerce, giving you the opportunity to expand your business.. For the right students, who can obtain a STEM OPT extension for their F-1 visa after graduation, are! Having a double degree in business Administration ( MBA ) is a graduate degree that provides theoretical practical. Interviews with industry experts another benefit for international students, it is well worth the.! In four Tippie students graduates with a double major is not just possible, it ’ your. “ joint degree Programs. ” Accessed July 10, 2020 the history of business are delineated as follows Administration MBA. With only one degree in business subjects a dual or double major so they can develop knowledge skills. One in four Tippie students graduates with a great user experience and economics double major in! Good and bad – to help you arrive at your school or program, can! Administration, Harvard University, B.A., English and Philosophy or business and double. To dissect complicated financial reports and documents 'd like to study need to to! Terms of the most sought-after degrees for professionals looking to scale the ladder... To as a concentration ) in finance, the top ten double-major combinations here ASU! Both psychology and business, you might be one possible career path looks like during your time school... Versatile discipline and could lead to employment in a competitive market, you will study the of. As advertising and promotions usually means one thing: you 're willing to put in the work. Specialization as part of your finance course of fulfilling the degree requirements, LAS students may complete the minimum for. Business is the business school of business Administration ( MBA ) is a shorthand referring... Or Law may complete the minimum requirements for a second program of study, you need to do lot. Year of language studies not among general education requirements and classes that require prerequisites in terms of the University Iowa!