Studying business means that, depending on your preferences, you have different unique areas of study available. On top of that, regardless of your career advancement ambitions, there are various other reasons to consider a business degree.
Whether you are looking to enter a business career path or something in-between, here are six main reasons why you should get a business degree and how it can open up a world of opportunities for you.
Transferable Skills
As a business education combines theory and practice, you will be able to translate your knowledge and skills into various industries and professions. In the best-case scenario, with an understanding of how organizations operate, you may even have the opportunity to integrate your interests or hobbies.
Skills you gain with a business degree are beneficial not only for your career but also as a boost to everyday social interactions. That is because the ability to communicate effectively, manage time accurately, think critically, and find innovative solutions to problems, are fundamental to a business career and can simultaneously be applied to other career paths.
Some skills that can be honed with a business degree include:
- Team Work
- Leadership
- Research and Analytical Skills
- Marketing skills
- Budgeting
- Delegation
Challenging and Multidimensional
Business graduates habitually pursue in-demand career fields like management, information technology or even become entrepreneurs. With businesses expanding on a global scale, opportunities for professional growth are endless and can also be quite challenging.
Business programs offer the ideal balance of practice and theory. This is even more predominant in business schools that have experienced faculty and established relationships. Bay Atlantic University provides numerous workshops and resources that aim to develop and strengthen students’ career skills and values. These opportunities will give you a competitive edge once you graduate and dive into working life.
On the other hand, for someone without a business background that seeks new professional opportunities, a Master of Business Administration degree can help deepen business knowledge, skills and increase earning potential.
Entrepreneurship Opportunities
Starting your own business calls for a lot of strategic planning and a wealth of knowledge. Even if you dream of owning a small business or aim to go big with an idea, you have to understand how business works, have critical managerial skills, know the basics of accounting, how to write a detailed and viable financial plan, and be able to track your profits and losses.
Investing in education as an entrepreneur helps you make a statement and proves that you want to learn how to do things the right way. All the aforementioned skills and knowledge are obtained and honed during your studies. As much as becoming a successful entrepreneur demands creativity and innovation, being confident, equipped to drive a business forward and keep it profitable is fundamental.
International Exposure
The market climate has changed, and today the new standard is globalization. Studying business will push you—especially in today’s international economy—to look at things globally. At Bay Atlantic University, the student body and faculty are multinational and bring broad perspectives to the learning experience. You will get to work alongside international students in a business program that will help you become more culturally aware.
Establish Credibility
In business or in the workplace, the quality of being trusted and reliable is essential. This shows your value and expertise while also providing access to greater possibilities. Those who obtain an MBA degree are more likely to fill in management positions in companies.
An MBA degree may also benefit a small business owner since it provides the company with an extra level of credibility. This could lead to an easier time securing banks’ financing or investment, private investors, and venture capitalists.
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Personal Benefits
A strong general understanding of how business and marketing work helps you make business choices that are more well-rounded. No matter what career path or industry you choose, nowadays, there is always a business aspect to it.
Choosing a business degree would provide you with a clear understanding of the fundamental economic concepts and how global developments impact different markets. This knowledge will help you make better-informed investment decisions and, essentially, achieve a greater return on investment (ROI).
You’ll evolve into a more analytical thinker once you get a business degree, and you’ll have the skills you need to take on challenges in life, both personally and professionally.
Whether you are just starting to think about college or are getting ready to choose a master’s program, business is a great field of study. Get started with our business programs in Accounting, Economics & Finance, Business Administration & Management, and Master of Business Administration.