This article answers the question What is a Business Degree?
A business degree is an undergraduate degree focusing on different business disciplines. It is a four-year college education that can be obtained from a college or university or a business school.
Having a business degree today can make one competitive in the corporate world. If you have strong leadership, communication, computer, math and problem solving skills, you can major in a business degree of your choice.
The first two years of your college education will normally cover the general courses. These include calculus, sociology or psychology, economics, computer, oral and written communications and statistics. The main business courses will be taken up in the junior and senior years depending on what you would like to major in. These core subjects are on finance, accounting, marketing and operations management among others. Electives should also be included.
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Information technology skills are also being taught to business degree students these days. Some subjects that help them develop these skills are on spreadsheet programs, database packages and programs that allow students to do statistical analysis, financial projections and market research.
There are several business degrees offered by colleges and universities. You can pursue them the traditional way by attending regular classes on campus or through the online distance learning method.
Accounting – This concentration will allow students to learn about auditing, budgeting, managerial accounting, financial analysis and taxation, among others. Accounting graduates are some of the most in demand today. After earning this degree, you can choose to become a Certified Public Accountant (CPA), Certified Management Accountant (CMA) or Certified Internal Auditor (CIA).
Business Management – This degree can be pursued with other concentrations. Graduates can expect to work as managers in the different departments of an organization, whether private, public or non-profit. With experience and advanced degrees, they can eventually be promoted to higher positions.
Business Administration – This provides students with varied business skills particularly in the areas of communication, leadership and decision making. Practical experience that includes internships, projects and presentations is a major requirement for completion of this degree.
Finance – A degree in finance can help graduates land a job in both the public and private sector. They can work in varied positions such as a budget analyst, loan officer, investment banker, real estate professional, financial advisor and money market manager.
Marketing – This particular degree enables students to study the importance and process of advertising, creating marketing strategies, product development, pricing, promotion and consumer behavior. This can also be combined with business management.
Most of these degrees require internships that allow students to work in a real office setting. This provides them an opportunity to gain a practical experience working with the rank and file as well as supervisors and managers. They may or may not receive compensation during their internship.
Among the graduates of business degrees, only about 10 to 15 percent immediately pursue advanced studies. Majority prefer to work right away to gain experience for two or more years before deciding to enroll in a graduate degree program. The master’s in business administration (MBA) is a common choice.
If you’ve come here with the question What is a Business Degree? We hope your question has been answered.