Saturday, February 25, 2012

What is the difference between economics, business and management in undergraduate programmes ?

Hi,



Different universities offer various undergraduate courses. I am particularly interested in management.

I am writing my personal statement I don't want it to look like I want to go to economics instead of management.



Hence, my question is : what is the exact difference between : Business, Economics and Management (these are separate courses) ?What is the difference between economics, business and management in undergraduate programmes ?
Economics is far more empirical and maths-oriented. although there's a lot concepts to get a grasp of too. it's the technical, 'hard skills' end of the business spectrum.



Management is far more about soft-skills like time-management, sales, HR etc and would generally be more work-place oriented. but there would be some more in-depth stuff like problem-solving work also. Generally a course based on management will touch on other aspects of business too.



Business will be your general degree in business. An undergrad like this aims to introduce you to lots of different areas within business ( including management and economics ) and to give you a good general education in all of them. This can prepare you for a lot of jobs, but also assumes that many will go on to specialize in certain areas via a masters / post-graduate program.

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