best universities for business

Best Universities for Business & Best Colleges for Economics- Overview

So, you’re interested in majoring in business or economics in college and thinking about the best universities for business and the best colleges for economics?

Firstly, you’ll probably be aware that both business and economics college majors are in the top 10 college majors. While each is a popular choice as a major in college, they are different college majors that suit different kinds of students. 

What exactly would studying at the best universities for business or economics entail? What are the best colleges for business and the best colleges for economics? And what would your courses be like at the best college for business or economics?

Choosing your major in college is a big decision. Perhaps business and economics spark your interest. In this case, you’ll be looking for the best college for business or best universities for economics. Either way, you’ve come to the right place. 

What we’ll look at in this guide: 

  • Business and Economics college majors breakdown: are these college majors for you?
  • The best universities for business and best universities for economics
  • Best undergraduate business schools and best undergraduate economics programs
  • Business vs Economics: Are the best universities for business the same as the best universities for economics?
  • Life after studying at one of the best universities for business or economics

Many students search for the best business colleges, the best universities for business, or the best business schools because business college majors have many practical uses. Paired with other areas of study, there are no limits to your post-university career choices. The best business colleges and the best universities for business will provide ample opportunities to their graduates. 

Students who graduate with business majors tend to have higher salaries after they attend the best business schools, best business colleges, and the best business universities. According to Forbes, business majors have the highest earning potential, after STEM majors. There’s a reason why the best business schools are so sought after. 

So, what exactly are the best business schools, including the best business universities and the best business colleges? And how do you know if the best business colleges, best business universities and best undergraduate business schools are right for you? 

best universities for business

College Majors: Is Business or Economics right for you?

Search engine hits for “the best business schools”, “best business colleges”, “best business universities”, and “best undergraduate business schools” are high. Business college majors continue to be one of the most popular college majors amongst university students. While Business consistently ranks in the top 10 college majors, it also came in as the most popular bachelor’s degree in the 2018-19 academic year.

You might wonder – what’s the appeal? Why are there so many “best business schools,” “best colleges for business,” “best undergraduate business schools,” and “best universities for business” lists? Business majors have the benefit of career stability and higher earning potential when compared to other majors, such as those in humanities. This makes it a popular major in college, easily ranking in the top 10 college majors consistently. 

Focusing on transferable skills

The best business schools, best business colleges, and best business universities also provide their graduates with transferable skills. For this reason, graduates with business college majors are sought after in the professional world. Therefore, graduates of the best business universities and the best business colleges end up making higher starting salaries.

Economics and business majors often get lumped together. However, they are two different majors. The best colleges for business, the best universities for business, and the best business schools, may not in fact have the best undergraduate economics programs. These college majors can certainly be taken together. However, you can also choose them individually, or pair them with other subjects. The decision may depend on your future career goals.

What’s the difference?

U.S. News defines an economics major as, “a degree option that examines questions related to resource allocation, incentives and wealth, among others.” 

Economics also has a high earning potential post-graduation. You can pair it with other subjects such as law and medicine, increasing your earning potential and employability even more. Students interested in economics should enjoy analyzing data, as it will be a large portion of their potential career opportunities. 

As we mentioned above, high earning potential and career opportunities make business and economics two of the top 10 college majors. Business and economics majors can expand their careers to other fields such as government, consulting, international politics, etc. The combinations and possibilities are truly endless, making each a popular major in college. There’s a niche and job opportunity for any interests. 

In addition, there’s a great deal of subject choice within the field. This is another reason the “best colleges for business” and the “best universities for business” lists are expanding. 

Explore best business jobs

What can you do after graduating from one of the best business universities or best business colleges? Check out these top ten best business jobs for 2022. This article will help you see what life after graduation from the best business schools or best universities for business could look like. 

Finally, want to learn more about the careers you can get after studying in the best colleges for economics? Check out the different career opportunities an economics major in college can give you. 

best colleges for economics

Best Colleges for Economics and Business: Applying to college

Since business and economics college majors are two of the top 10 college majors, there’s no lack of options for the best universities for business, best undergraduate business schools, or best universities for economics. 

Most of the best undergraduate business schools won’t require a separate application process. However, there are a limited number of selective BA/MBA programs that will. With this in mind, the “best undergraduate business programs” aren’t always more selective. If the school itself is more selective, then they may well be. 

What does that mean to you while in the application process for the best business colleges or the best business universities? Basically, don’t be intimidated by the “best universities for business,” “best business colleges,” “best business schools” or “best colleges for economics,” lists. Bolster your college applications in the same way you would for any college majors. That’s how to successfully get into the best business universities and the best business colleges. 

The best undergraduate business schools and the best undergraduate economics programs will look for the same boxes to be checked as other college majors. That is – success in challenging courses, strongly written essays, and extracurriculars that show growth and leadership. Start your applications early to improve your odds of admission to the best business schools.  

Finally, check out these 2022 top-ranked best undergraduate business schools and best universities for business. 

Top 10 College Majors: Economics

Economics college majors develop analytic and critical thinking and seek to understand the world around them. Sounds pretty interesting, right? In addition, students who take an economics major in college leave university with plenty of skills valued by employers.

What kind of courses will you take in the best undergraduate economics programs? Well, in fact, you’ll take many of the same foundational courses as you would in the best undergraduate business schools.

As courses advance, students will develop these specific skills at the best colleges for economics: communication, numeracy, problem-solving, and analytical skills. You’ll develop them through courses that focus on micro and macroeconomics, economic modeling, market outcomes, and fiscal and monetary policies. From there, you’ll be able to pick courses more in line with your interests within the economics major in college. 

Ask yourself, “What do I want?”

Like with every major in college, the best colleges for economics, the best universities for economics, and the best undergraduate economics programs offer different courses. Think about what you want from your university experience and choose the best undergraduate economics programs that align with that. 

While there are ample “best colleges for economics” lists, career paths with that degree from any university will be similar. Economic majors will often continue studying in programs such as an MBA, law, government, sociology, or various other graduate programs. The best universities for economics will provide students with a base for public policy analysis — a route to many career opportunities. 

Read more to learn all about majoring in economics. Finally, look at specific career opportunities for economics college majors. 

Which college is best for economics?

Perhaps you’ve ditched your “best college for business”, “best universities for business”, and “best undergraduate business schools” search. Instead, you’re sold on economics as your major in college. The coursework sounds interesting and you’re excited about the career opportunities in the field. What could be better than analyzing data on human behavior? That’s great! 

Similar to the best universities for business and the best business colleges, you have many options when looking for the best colleges for economics.

Top Ten Best Colleges for Economics

So, economics sounds like an interesting and engaging topic, and now you want to know which college is the best one to study economics at. Let’s check out the list below of the best colleges for economics according to U.S. News.

  1. Harvard University
  2. MIT
  3. Stanford University
  4. Princeton University
  5. University of California – Berkeley
  6. University of Chicago
  7. Yale University
  8. Northwestern University
  9. Columbia University
  10. University of Pennsylvania

All of these schools have incredibly strong business programs; attending any one of them would be a great start to a career in economics. If you’re still curious about more schools that rank among the best colleges for economics, you can view the full U.S. News list of the best universities for economics here.

How do the best undergraduate economics programs vary?

The core classes needed to complete an economics major will be relatively similar in every program. However, specific courses in different niches may only be offered at certain schools. For example, if you’re interested in enhancing your economics major with international public policy courses, you’ll want to look into programs that offer those options. 

To answer the question, “Which college is best for economics?” you will have to decide what matters most to you and your individual interests. In other words, the best colleges for economics and the best undergraduate economics programs will depend on your personal preferences. For this reason, it’s useful to know your interests within economics or your future career aspirations. 

How to figure out what are the best universities for economics for you?

Make a list! Think about your general university preferences: location, class size, student organizations, etc. Then look for economics programs at universities that meet those needs. Do you know what niche you’re interested in? Make sure to look for the best undergraduate economics programs that meet your specific study interests. 

Finally, remember that there is no one size fits all “best colleges for economics” list. However, if you focus on your future goals and school preferences, you’ll find many options for the best undergraduate economics programs for you. 

best colleges for economics

Top 10 College Majors: Business

There are many lists of “best universities for business”, “best business colleges”, “best business schools”, “best undergraduate business schools”, the best “college for business”, and similar lists. 

Why is that? As we’ve discussed, a business major is one of the most popular college majors amongst undergraduate students. Lots of high school students are trying to find the best business schools, best college for business, best undergraduate business schools, and best business universities around. 

Business does rank in the top 10 college majors after all. According to the Princeton Review the top 10 College Majors are:

  1. Computer Science
  2. Communications
  3. Government/Political Science
  4. Business
  5. Economics
  6. English Language and Literature
  7. Psychology
  8. Nursing
  9. Chemical Engineering
  10. Biology

As you can see both Business and Economics are in the top five! So, what’s with all the hype surrounding business as a major in college? Why does it seem like everyone is searching for the best business schools, the best college for business, best undergraduate business schools, or the best business universities? Well, as we’ve seen, it is one of the highest-earning college majors. Not to mention its great job security and availability across sectors. 

Post-graduation options

A business degree from one of the best universities for business, best undergraduate business schools, or best colleges for business will give you valuable skills that many companies look for. Or, if you’re thinking about entrepreneurship, there’s no better place to start. A business degree from some of the best business schools could also enhance another field of study. Why not combine college majors and make yourself a competitive graduate in the workforce? 

What kind of jobs can you get after having attended one of the best business universities or best colleges for business around? Well, quite a few really. You won’t lack options after obtaining a business degree from one of the best business schools, or really any business school. From financial manager to fundraiser, the best colleges for business and the best universities for business will open many professional doors. 

Check out these high-paying business jobs you could apply for after attending the best college for business or one of the best universities for business.

Best business schools

What are the best business schools? Well, similarly to any other major in college, the best business universities and the best colleges for business will depend on your preferences and needs. 

The same core courses will appear in almost every business degree, at every school, whether it’s one of the best business schools or not. However, additional and specialized courses will vary greatly between college majors. 

The best business schools, the best colleges for business, and the best universities for business will be those that meet your study interests. For example, you may know that you want to focus on entrepreneurship or international business. Check out the specific programs in different college majors to find the best universities for business, best business colleges, and best undergraduate business schools for you. 

What exactly are the best undergraduate business schools and programs?

Here are U.S. News’ top picks split up by business programs. This will give you an idea of each of the individual programs a university is offering, as they differ from school to school.

There are plenty of lists of best business schools, best business colleges, and best universities for business out there. Before deciding on any, make sure that it meets your specific needs. How do you know what are the best business schools for you? Start by making a list of what you want from your university experience and then specifically, what you’re looking for from a business program. Choose schools and college majors that fit with this list. Those will be the best business colleges, best business universities, or best undergraduate business schools for you. 

Are you looking for a combined BA/MBA program? Are you interested in the niches of real estate or quantitative analysis? The best college for business or the best universities for business for you will be the one that matches most of your criteria. 

Top Ten Best Universities for Business

Although the best business school will be different for each applicant, if you’re looking for somewhere to start, keep reading! Below, let’s check out the top ten best universities for business according to U.S. News.

  1. University of Pennsylvania (Wharton School of Business)
  2. MIT
  3. University of California – Berkeley
  4. University of Michigan – Ann Arbor
  5. New York University
  6. University of Texas at Austin
  7. Carnegie Mellon University
  8. Cornell University
  9. Indiana University – Bloomington
  10. University of North Carolina at Chapel Hill

These schools have the strongest undergraduate programs for business. Attending any one of the schools listed above is a great way to begin your career in business. If you want to view the full list of schools with the best business programs, check out this U.S. News article for more information.

best colleges for economics

Comparing college majors: Economics vs. Business programs

Both business and economics are in the top 10 college majors students choose to study. While economics and business degrees are closely related, there are key differences between them. Before searching “best universities for economics” or “best universities for business” you should have an idea of which major in college appeals to you more. 

Economics is the study of human behavior when faced with scarcity or difficult decisions. It combines a variety of disciplines: business, politics, sociology, history, and more. In contrast, business college majors from the best business schools will study subjects such as finance, accounting, and marketing – depending on students’ interests. Business college majors learn about how businesses operate, while econ students will study human behavior and financial decisions more broadly. Some introductory courses in both economics and business will be similar. However, as students continue their college majors, the courses for each major will differ.

When choosing between these two college majors, consider your interests, skills, and future career goals. Look at potential career options to see the difference between the two majors. Furthermore, consider the level of competition in the market. There are more business major graduates than economics. Generally, as an economics major, you will enter a less competitive job market with higher salaries. 

Check out the specific differences between business and economics. This will help you decide whether to look for the best business universities or the best universities for economics. Be sure to understand these differences if you want to choose the best undergraduate business schools for you. 

Planning for the future

You’ve read every “best college for business”, “best universities for business”, “best business schools”, and “best undergraduate business schools” list on the web. You’ve decided on that major in college. So, what happens after you attend the best college for business or one of the best universities for business? 

Life after graduation may look different for both economics and business college majors. No matter if you attended one of the best colleges for business or one of the best colleges for economics, you will have many post-graduate options. 

Further study is a popular choice in both disciplines. Business majors from the best business universities, best business colleges, and best undergraduate business schools often apply to MBA programs at the best business schools. Meanwhile, economics majors go into a variety of different specialized graduate degree programs. 

Applying to graduate programs at the best business schools can be competitive. Just like with the best undergraduate business schools, start early to have the best chances of admission and scholarships to the best business colleges and the best business universities. 

Advice for applying to MBA Programs

The MBA application process to the best business schools is notoriously tedious. Experts recommend one and a half to two years to build the most competitive candidate profile and application. Many of the best business schools admit students in rounds. You have the best chance at admission to the best colleges for business and the best universities for business in the earlier rounds. There will be fewer and fewer spots later on. However, don’t rush to send in a mediocre application to the best business schools. Plan the process carefully to have the best odds of getting into the best business universities and the best business colleges. 

Read for more details on the MBA program application process to decide if it’s for you.  

Remember you can apply to some of the best business schools for graduate studies without a bachelor’s degree in business. Many schools will consider you even if you don’t have an undergraduate degree in business from the best business colleges or the best business universities. While a bachelor’s in business from one of the best business schools will likely help you in the MBA application process, it isn’t a requirement. 

Finally, students with degrees in economics may also opt to continue their education by choosing a more specific area of interest. Some opt to continue their studies at one of the best business schools, although there are many other options available. Certainly, a master’s degree will make economics college majors more competitive in the workforce. 

Best Colleges for Business & Best Colleges for Economics: Tips & Takeaways

The best undergraduate economics programs and the best undergraduate business schools will be different for everyone. However, one thing is for certain – as of the top 10 college majors, there is no lack of best business universities and best colleges for economics options. With some time and research, you’re sure to find the best business schools for you!

Business and economics are both in the top 10 college majors in the nation due to their practical uses, future career opportunities, and earning potential. While there are many options when looking for the best business universities, best business colleges, and the best universities for economics, best undergraduate business schools, think about your personal study interests and future goals. That will help you choose the best business schools or the best universities for economics for you. 

A combined BA/MBA program may fit some students’ needs. However, programs to get into the best business schools are limited and often highly competitive. Ask yourself if it’s worth it for you to apply directly to a BA/MBA program. 

You may prefer to look at the best undergraduate business schools and then later consider applying to graduate programs. Every student’s education path looks different. There is no right or wrong when it comes to deciding the best business universities and best business colleges for you. 

So, how to get into one of the best business universities or one of the best business colleges? Start by creating a “best undergraduate business schools” list just for you

Tips to create your best business schools list: 

Think about your general preferences.

Do you want to go to a big university or would you prefer a smaller school? Where would you like to be located? What is campus life like? Check out best business colleges, best business universities, and best undergraduate business schools lists to see if any appeal to you. Then dig deeper into the specifics of those best business schools to see if it resonates with you. 

Narrow down based on the best business schools.

How is the business program rated? Do they have specializations that interest you? What do their graduates go on to do with their degrees? The best undergraduate business schools for you should not only be highly ranked, but also spark your interest.

Consider BA/MBA program options.

Think about the best business schools with BA/MBA programs. You’ll want to know if you want to go directly into a five-year BA/MBA program or just look at the best undergraduate business schools. If you decide to apply, start extra early and make sure that your application is as competitive as possible to get into the best business colleges and best business universities. 

Start early.

No matter if you’re applying to a BA/MBA program or not, getting into some of the best universities for business, best business colleges, or best undergraduate business schools will require early preparation. Start the application process early to make sure you build a competitive candidate profile, write stellar essays, and highlight your extracurriculars in the best way. 

Deciding your major in college can be a difficult task. Know that if you choose business or economics you will graduate with a set of useful skills that will be applicable in a variety of career settings. Get excited about the process. Start creating your best colleges for business or best universities for business today! Remember, the best way to get into the best business schools is by starting early. Good luck!

best universities for business

This article was written by Sarah Kaminski. If you want to get help with your college applications from CollegeAdvisor.com Admissions Expertsregister with CollegeAdvisor.com today. Also, check out our other guides to Top Engineering Colleges and Best Liberal Arts Colleges as you build your college list!