A recent trend indicates that double majors are on the rise, and for good reason. Studies have indicated that double major graduates can potentially earn up 3.2 percent more than single degree graduates. If you like two majors but can’t decide which one to choose, why not consider them both? Check out three reasons you should consider a double major.
1. Both Majors Offer Related Courses
If you’re considering two different major programs, it can make sense if both programs have courses that are related. For example, if a degree in Marketing requires the same five core courses as a degree in Entrepreneurship, you can easily receive two degrees for the price of one. You can also be strategic about choosing your electives. Many electives are listed under multiple majors. Double majoring in these cases may be feasible while still allowing you to graduate on time within four years. Additionally, some schools understand the need to have complementary degrees in specific fields and will create programs that reward you with dual degrees, such as a dual degree in Business and Engineering.
2. Double Majors Are More Desirable
Taking on a double major means the opportunity to expand skills. That’s because an interdisciplinary focus aids in the creation of a multifaceted skill set while also enabling self-expression. Double majors also are used as a strategic competitive advantage for graduate school or jobs. For example, foreign languages often serve as popular choices for second majors. Knowing another language can make you stand out as an attractive job candidate, especially if it’s an Asian-based or Middle Eastern language.
3. There’s A Higher Financial Upside
More majors can mean more pay. The 2012 Teagle Report found that as much as a 3.2 percent salary difference between single majors and double majors based on the selection of academic disciplines. For example, the study found that the most common dual degree combinations included:
These popular combinations reflect social change or practical business skills that can yield higher returns than majors that are more creative or art-focused.
Two different business majors
International studies and foreign language
Political Science and foreign language
Economics and mathematics
Economics and political science
Final Thoughts
Double majors can provide benefits beyond graduation, including additional pay and more marketable skills. If you’re dedicated to completing two programs with similar courses, then it may be time to consider a double major. Pursuing a minor is also a valuable alternative to a double major, especially if you’re short on funds or time to fulfill several requirements. Whichever option you choose, consult with your college advisor to ensure you’re following the correct degree path that will help achieve your goals.
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