Saturday, April 09, 2011

The Economics Edge

I recently read the following tidbit of interest to economics majors:
Economics isn't a popular major: Just 1.6 percent of [college] grads earned a degree in the discipline in 2006. But according to a 2010 study by Patricia M Flynn and Michael A Quinn of Bentley University, economics majors are disproportionately overrepresented among S&P 500 CEO's -- which suggests that, historically at least, it's the major that offers the best probability of reaching the corner office. Business administration majors, for instance, were only 39 percent as likely as economics majors to become chief executive. (McGinn, 2010, p. 20)
Apparently, economics majors enjoy an edge in the workplace, which is good to hear!

Source: McGinn, D (2010, December), The Economics Edge, US Airways Magazine, 20.

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