This major is considered to be excellent preparation for the PhD study in economics and business administration, as well as for graduate studies for professional management degrees, including the MBA.<br><br>Majors in economics generally recognize the importance of mathematics to their discipline. Undergraduate students who plan to pursue doctoral study in economics or business need the more advanced mathematics training prescribed in this major. Majors in mathematics often feel the need for a more formal introduction to issues involving business applications of science and mathematics. Extending their studies into economics provides this application and can provide a bridge to successful careers or advanced study. This major provides a formal framework making it easier to combine study in economics and mathematics.