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Department of Economics

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The best preparation for a highly responsible managerial career requires a six-year investment in higher education. In the first four years, pursue intellectual curiosity and develop analytic and communication skills—without regard to subject matter. Then, seek two to four years of full-time experience. Prior work experience helps establish the relevance of managerial decisions of formal course work in the MBA program and so contributes to group projects and discussion. Students entering better MBA programs average 27 years of age.

A survey of admissions directors at MBA programs around the country reveals that undergraduate business majors are at a slight disadvantage in applying for graduate study in business. Preferred undergraduate backgrounds are: mathematics, physics, engineering, economics, and other liberal arts majors. The best graduate schools of business prefer candidates with well-trained minds, without regard to subject matter. The MBA program will then provide the specific professional preparation for a career in management. Students wishing additional information about MBA programs should consult Managerial Studies



  • bill The Economic History Association has appointed Bill Collins as the next editor of the Journal of Economic History.  His term begins in 2016.
  • announcementEugene Vorobeychik (Engineering) and Myrna Wooders (Economics) have been awarded a grant for $442,051 for the next three years in support their research project, "Theory and Application of Mechanism Design for Team Formation." This project addresses questions of design of mechanisms for efficient team formation from the perspectives of computer science, microeconomics, experimental economics, and game theory. The grant is sponsored by the Division of Information and Intelligent Systems of the NSF
  • Savelyev Peter Savelyev has been awarded a solo-PI $260,464 NSF grant for the next three years of his research on the economic and psychological origins of health capital accumulation.

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Department of Economics
Vanderbilt University
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