As Alison Damast reports in Fortune, applications are up 25 percent at the University of Texas - Austin and 13 percent at the Unviersity of Pennsylvania business schools. The average compensation in 2014 for graduates, according to the National Association of Colleges and Employers ranges between $52,900 and $62,100. Here is the coverage in Fortune.
The subject matter is interesting, probably as stimulating as law. The knowledge base, skill set and networks can go anywhere and everywhere. In many ways, the graduate is truly set for a total career. Sure there will be dislocations but who isn't scrambling in the 21st century.
Displaced lawyers, along with jobless journalists and teachers with Master's degrees, should be wondering if they chose the wrong major during their college years. A business degree can be a terminal one. No question, after that the ambitious can bulk up with an MBA or even a doctorate at the Harvard School of Business. But, the cagey recognize they have a sturdy platform for their entire career.
Choosing a major represents an investment. Passion is a naive way of framing that important decision.