College Majors in Business
--William Wrigley Jr.
What do Business Majors study?
Business
school prepares students for real-world challenges by teaching
them to analyze real-world problems. At the
undergraduate level, students must research and understand case
studies of both superstar successes and colossal failures of the
business world. At the graduate level, MBA
candidates often work in teams to launch mock businesses - some
of which even take hold in reality to become true success stories.
Throughout their careers, many working professionals take online courses in
business to boost specific skills or qualify for
promotions.
Along the way, business majors pick up skills that allow them to
flourish either as general business professionals or as
specialists. By studying
accounting, finance,
economics,
and other fundamentals of the business world, students can learn to
make consistent, accurate decisions that can serve customers,
reward investors, and shape society.
In addition, business majors take many courses outside the school
of business. This broad exposure to other areas allows students to
shape their career paths by gaining deep experience in a particular
industry, like
science or technology.
Many colleges and universities also provide business majors with
instruction in ethics, culture, and history, in order to help them
place their business decisions in the broadest possible
context.
What jobs are hot in business?
Accounting. In light of the accounting scandals
that rocked companies like Enron and WorldCom, businesses of all
sizes need well-trained compliance personnel. Auditors
and accountants work both within companies and as outside
consultants to keep their eyes on the books and make sure
businesses uphold their ethical standards.
Business majors who specialize in
financial management and corporate security can expect
extremely strong job prospects after they earn their degrees.
» Financial Planning
» International Business
» Sales & Marketing
» Financial Management
» Communication Studies
International Business. If you love foreign
cultures as much as you love to conduct business, more than a few
Fortune 500 companies would like to meet you. The explosion of
global trade has created a surge in demand for international
business specialists. For business majors who can't wait to
start their day with a donut in New York and finish it with sushi
in Tokyo, the corporate world extends tremendous opportunities for
personal and professional growth.
Marketing and Sales. Could you convince a fish to
buy a glass of water? Business majors who understand
marketing and negotiation can always earn commissions as
professional salespeople. Unlike other careers that might rise and
fall with the state of a particular trend or product, the strongest
sales professionals can apply their skills to any situation. Every
business lives or dies by the quality of its sales force, and smart
business majors use their degree programs as proving grounds for
these important talents. If direct sales isn't your cup of tea,
consider applying your creative talents to marketing and
advertising, designing mass-media campaigns to raise awareness
of your company's product or service.
Financial Planning. Americans take a more active
role in their financial wellness than ever before. Though previous
generations spent their entire lives working toward a pension at
the same company, today's workers understand the need to plan for
an independent future. Business majors who love to work directly
with people can thrive as certified financial planners. Helping
clients preserve income and grow their wealth, a strong financial
planner can directly impact the quality of life for multiple
generations of client families.
Why should you consider a college major in business?
Whether you want to dive directly into business straight from
high school, or you want to add strong business skills to an
already successful career in another field, a
business degree can teach you how to make strategic decisions
that help your company succeed.
A strong business school program can prepare younger students to
start their careers at a higher rung of the ladder. Business school
graduates can leap into strong positions that require long work
hours, lots of travel, and exhausting negotiations. By applying
their business school skills to the real-world demands of their
employers, business majors can establish strong track records in
their fields early on.
Online College Courses in Business
Experienced professionals who add a business
degree to their credentials benefit from combining their life
experience with a formal education. Online business
administration degrees are becoming more and more popular as
they allow students to implement their new skills at their current
careers. Over time, online business majors can move up the career
ladder while still earning their degree. Once they finish their
coursework, they can move up within their company or they can make
the leap to a different company.
What kinds of candidates make the best business majors?
The best business majors possess a strong competitive spirit.
Unlike other majors, where students earn grades based on their
knowledge of a given subject, business program participants must
fight to earn good grades. These battles can take place in model
business competitions, in business plan mockups, even in courses
where professors grade on a curve. Business majors must want to win
in order to make a living in the corporate world. Their school
experience mirrors that everyday struggle for survival and for
success.Admissions counselors look for applicants who display the
ability to conduct business efficiently and ethically. Business
schools look for candidates who possess strong math skills,
familiarity with computers, and critical thinking abilities.
More recently, schools have started to screen applicants using
tests of morals and ethics, in order to emphasize their commitment
to preventing future business disasters. Many schools pose ethical
dilemmas in application essays or during candidate interviews. One
admissions officer has even left wallets and credit cards in
college restrooms just to test the honesty of potential
students.
What can you expect from our Guide to Business Majors?
Take your time to explore our profiles of specific business
majors. Because business encompasses various fields, choosing a
specialty early can give your career a valuable head start.
Each profile shows you some ways that business majors can turn a
specialty into a worthwhile profession. As you review the profile
for each major, we will share our insight about the benefits of
choosing that major, some of the potential careers you can pursue,
any of the requirements necessary to launch a career in that field,
and how you can take advantage of online business degrees to study
from anywhere, often on your own schedule.
Find your major in business . .
.
