For many reasons! First, 




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Top 10 Highest Average Salaries Paid to 2005-2006 Graduates
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Chemical Engineering
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$55,900
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Computer Engineering
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$54,877
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Electrical/Electronics & Communications Engineering
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$52,899
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Mechanical Engineering
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$50,672
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Computer Science
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$50,046
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Accounting
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$45,723
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Economics/Finance
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$45,191
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Civil Engineering
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$44,999
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Business Administration/Management
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$39,850
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Marketing/Marketing Management
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$36,260
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Source: National Association of Colleges and Employers
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You need other reasons? Then read on!
- A recent Wall Street Journal article (July 5,2005) called economics the "hot major" for undergraduates (The Hot Major for Undergraduates is Economics). According to the WSJ, "Economics and business majors ranked among the FIVE MOST-DESIRABLE MAJORS IN A 2004 SURVEY OF EMPLOYERS by the National Association of Colleges and Employers, along with accounting, electrical engineering and mechanical engineering. It wasn't just banks and insurance companies that expressed interest in economics majors-companies in industries such as utilities and retailing did so, too."
- A major in economics is an excellent background for students who intend to continue their studies beyond the bachelor's degree. In particular, it is a very good preparation for MBA programs, programs in public administration, master's and PhD programs in economics, and graduate school in other business and social science disciplines.
- "The best people are more frequently taking economics as their major…It shows they have the intellectual fire in the belly to perform well in an MBA program." --Richard Silverman, Yale School of Management, admissions director
- According to the U.S. Department of Labor, "EMPLOYMENT OF ECONOMISTS...IS EXPECTED TO GROW FASTER THAN THE AVERAGE FOR ALL OCCUPATIONS THROUGH 2010." Opportunities should be best in manufacturing, financial services, advertising agencies, research organizations, and consulting firms. The continued need for economic analysis by lawyers, accountants, engineers, health services administrators, urban planners, and others will increase the number of jobs for economists. (For more information about careers in Economics visit the Department of Labor's Occupational Outlook Handbook.)
- Economics majors get better scores on the LSAT exam (the standard law school admissions test) than do students in any other major, except Physics and Philosophy. And that is considering Pre-Law majors!! (Source: LSAT Scores of Economic Majors)
- "Of all the majors, economics ranks in the top four or five consistently... Logical reasoning and analytical skills are critical to legal studies." --Edward Tom, U.C. Berkeley Boalt law school admissions director
- Economics is the top major (in enrollment) at Harvard, Princeton, Columbia, Stanford and the Universities of Pennsylvania and Chicago; second at Brown, Yale, and the University of California at Berkeley; and third at Cornell and Dartmouth. (Source: Wall Street Journal, November 30, 1998, page A2)