Why a business degree doesn't always pay

Commercially-minded students who opt for a business degree won’t necessarily land the top jobs.

A study by researchers at Auburn University found no evidence employers prefer to interview job seekers with business degrees over applicants with non-business degrees. However, it did show that internship experience significantly improves employment prospects.

Fake CVs with a three-month internship during the summer of their penultimate year received about 14 per cent more interview requests than their counterparts.

And while the "return" to internship experience is quite large for both business and non-business majors, it is larger for non-business degree holders.

The researchers submitted 9,000 fake CVs to online openings in banking, finance, management, marketing, insurance and sales.

The subjects studied included business degrees as well as biology, english, history and psychology. Some of the CVs were also randomly assigned internship experience.

Full story: Why a business degree doesn't always pay: City A.M.

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