Western Ivey Dual degree: Engineering + Ivey. Is it worth it?

I am a Canadian High school student interested in going into MBB consulting.  I am debating between a degree in business or engineering.  Business Pros- Easier course load, Higher Gpa(need for MBB), more time to pursue extra curricular. Engineering Pros-more technical and hard skills, I am told MBB loves engineers, more rigorous. Is there an advantage to having the engineering degree along with ivey compared to just business and it the difference worth all the extra work it takes to be an engineering student.  I am a very driven student who is taking quite a rigorous course load in high school so I know I can do engineering, I'm just not sure it's worth all of the added work and stress if I can achieve the same job without it.  

Which degree should I pursue

Business + Ivey
63% (5 votes)
0% (0 votes)
Engineering + Ivey
38% (3 votes)
Total votes: 8

Based on the discussions on Wall Street Oasis, there are several points to consider when deciding between pursuing a dual degree in Engineering and Business or just a Business degree, especially if your goal is to enter management consulting at a top firm like MBB (McKinsey, Bain, BCG).

  1. Engineering + Business Dual Degree Pros:

    • Diverse Skill Set: You gain both technical and business skills, making you a versatile candidate.
    • Attractiveness to MBB: MBB firms appreciate candidates with a strong analytical background, which an engineering degree provides.
    • Problem-Solving Skills: Engineering education emphasizes complex problem-solving and quantitative analysis, skills highly valued in consulting.
  2. Business Degree Pros:

    • Focused Curriculum: Directly relevant courses to business and management.
    • Higher GPA Potential: Generally, business programs are perceived to have a more manageable course load compared to engineering, potentially leading to a higher GPA.
    • Networking Opportunities: Business programs often offer more direct networking opportunities with firms through business-specific clubs, internships, and dedicated career services.
  3. Considerations:

    • Workload and Stress: Dual degrees are typically more demanding. It’s crucial to consider whether you can maintain a high GPA and engage in extracurricular activities, which are also critical for MBB recruitment.
    • Long-Term Goals: Reflect on where you see yourself in the future. If you are passionate about technology or product management, the engineering skills could be invaluable. If your focus is purely on strategic management, a single degree in business might suffice.
  4. Is the Extra Work Worth It?

    • This largely depends on your career aspirations and personal interests. If you thrive in challenging environments and are interested in a skill set that spans both technical and business domains, the dual degree could be very beneficial. It not only prepares you for consulting but also keeps doors open in tech and management roles.

In conclusion, both paths can lead to a successful career in consulting. The dual degree offers a broader skill set, which can be a significant advantage, but it also comes with a higher workload. If you are confident in your ability to manage the rigorous course load while maintaining extracurricular involvement and a high GPA, the dual degree could be a worthwhile investment for your career goals.

Sources: Banking doesn’t sound as bad when you consider other paths., 5 things I wish I had known when I was a business undergrad..., Do any of you feel like you've had an intellectual decline after starting college because of majoring in business?, Software Engineering seems like the best job one could have, Do banking and PE make you a better business owner?

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