Friday, October 28, 2011

MA in Econ or MBA


MA in Econ or MBA?
I need some help here. I have my BA in Economics. I am going to go back to school for my masters degree but am unsure of which to get. I was pretty much sold on an MBA with an emphasis on finance. As the time came closer to start the program, I got worried I was making a mistake. I cancelled classes. I think I might want an MA in Economics. Here's my issue: an MBA seems to be much more versatile. I won't get myself pigeon-holed into one career path that may not work out for me. I see unlimited possibilities with an MBA. Then there's the MA in Econ. My passion is economics. I love it and want to work for the federal govt or the Fed someday. I'm afraid it will be difficult to find a good job after completing that degree. After all, how many economists do you know? Please give me any insight you have as far as the reality of the MBA vs MA in Econ.
Higher Education (University +) - 1 Answers

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I have a BA in Finance, an MBA in Management, and a PhD in Organizational Behavior. You are absolutely correct in your supposition that the MBA is more flexible. I am not sure what school you are looking at but would it be possible to get the MBA with a concentration in Economics? Or even take Economics as all of your electives? On the other hand if you are truly passionate about Economics you may want to go that route. Have you looked for Economics jobs in the government sector? What are the minimum requirements as far as education and experience? It may be that any masters level degree will suffice or there could be requirements for specific degrees. Good luck with our education. The most important thing to do is to actually take some classes, preferably ones that would apply to either program until you make your decision.

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