What is the difference, career-wise, between studying economics, doing an MBA or going for actuarial science?
An MBA provides general education in Business and Management for people who have already begun their careers (in any field) and need another credential in Management to get promoted. If you want to be an entrepreneur, then the MBA will give you more well-rounded skills to manage all aspects of your business. Economics is a Social Science approach to the principles that underpin Business; production, distribution, and consumption of goods and services. If you want innovation and strategy, then Economics is probably more suited to you. Actuarial Science relies on formulas for prediction and assessment, which is what you said you *don’t* want. Economics can take you in a few directions, but you are more likely to end up somewhere that gives you more freedom of thought, especially once you’ve accumulated years of experience and can attain a high position within your organization. Actuarial Science is a mathematical discipline that revolves around risk assessment for insurance and financial
