Taking Both IB Economics and Business: What Universities Think

The Dual Course Dilemma

Deciding on your IB subjects is a significant step, especially when considering how they align with your future university plans. You might be wondering if taking both IB Economics and Business Management will be viewed unfavorably by universities. Let's explore this concern and provide insights into how these choices might affect your university applications.

The Common Concern

Imagine you've chosen both Economics and Business Management because you're passionate about understanding both the broader economic forces and the inner workings of businesses. However, you worry that universities might see this as a lack of diversity in your subject choices. It's a common concern among IB students.

University Perspectives on Course Choices

1. Understanding Overlap and Synergy:

Overlap in Content: While there is some overlap between Economics and Business Management, they each cover unique aspects of the business and economic world.
Complementary Skills: These subjects together provide a comprehensive understanding of both macroeconomic principles and micro-level business operations.

2. University Preferences:

Broad Skillset: Universities generally appreciate a well-rounded education. They look for students who have a balance of quantitative, analytical, and qualitative skills.
Specialization vs. Breadth: Some universities prefer students to demonstrate breadth in their studies, while others value depth and specialization, especially if aligned with your intended field of study.

Making the Right Choice for University Applications

1. Align with Your Goals:

Career Aspirations: If your career goals are clearly aligned with business and economics, taking both subjects can demonstrate your commitment and depth of knowledge in these fields.
Personal Interest: Your passion and interest in both subjects can come through in your application essays and interviews, showing universities that you have a genuine interest in these areas.

2. Complementary Subjects:

Balancing with Other Subjects: Ensure you choose other IB subjects that provide a balanced curriculum. For example, including subjects from different groups like sciences, languages, and humanities can show versatility.
TOK and EE: Use your Theory of Knowledge (TOK) essay and Extended Essay (EE) to further demonstrate your critical thinking and research skills in diverse areas.

3. Highlighting Skills in Applications:

Personal Statement: Use your personal statement to explain why you chose both subjects and how they have prepared you for your intended university course.
Extracurricular Activities: Engage in extracurricular activities that complement your academic interests, such as business clubs, economic forums, or internships.

Steps to Strengthen Your University Application

1. Research University Requirements:

Specific Requirements: Some universities might have specific requirements or preferences for subject combinations. Check the entry requirements for the programs you're interested in.
University Guidance: Look for guidance on university websites or contact admissions offices to understand their perspective on taking both Economics and Business Management.

2. Develop a Balanced Profile:

Subject Balance: Choose a mix of subjects that demonstrates both breadth and depth.
Academic Performance: Maintain strong academic performance across all your subjects.

3. Showcase Your Interests:

Essays and Interviews: Clearly articulate your passion for both subjects in your application essays and interviews. Explain how studying both has equipped you with a unique perspective and skill set.
Extended Essay (EE): Consider writing your EE on a topic that intersects both economics and business, showcasing your ability to integrate knowledge from both fields.

Embracing Your Dual Interests

Taking both IB Economics and Business Management can be a strategic choice, especially if you are passionate about these subjects and can demonstrate how they align with your future goals. Universities value students who are thoughtful about their subject choices and can articulate their reasons clearly. By balancing your subject choices, showcasing your interests, and aligning them with your career aspirations, you can present a compelling case to university admissions committees.