A business degree has become a compulsion rather than an added skill. Employers see it as a basis to prove oneself in developing skills required for thriving in a business environment. There are a number of business degrees to choose from, the most common being the undergraduate business studies degree. Mostly Subjects such as accounting, finance, management, entrepreneurship are covered by a business studies degree, reflecting multidisciplinary nature of business.
Various Types of Business Studies
Business studies qualification opens up many entry-level roles for you upon graduation, while still allowing you to specialize further with postgraduate programs such as Masters in Management (MiM), Masters in Finance and the Masters in Business Administration (MBA). As you grow further, these specializations in a particular area of the business world such as economics or marketing provide specific vocational emphasis.Consider taking a dedicated program in that area rendering you well placed when it comes to applying for graduate/postgraduate jobs.
Employability skills such as leadership skills, analytical ability, communication and presentation skills, time management, problem solving, goal setting, numeracy, team work are conferred by business degree.
So, what can you do with a business degree?
A stepping stone to a high-status, high-salary career that are existing in pretty much every sector, big or small, global or national all industries are in need of efficient leaders, managers, financial advisors and market-savvy decision-makers.
Mainstream career pathways such as careers in the banking and financial sectors, consultancy, human resources and marketing roles hold a strong appeal. Besides a downright corporate career business program aids you to create your own business, or to take on business and management roles within more creative industries such as fashion, media, or even the charity sector.
Good business and management skills are key requirements of any flourishing company thus strategic thinkers and financial experts are all in great demand. Some of the career options are:
Accounting And Finance
Job revolves around reviewing company’s financial situation both past and present; managing records and business transactions, advisory on tax and expenditure; role in mergers and acquisitions, preventing bad practice as well as fraud and negligence.
Managerial roles offer higher pay besides opportunities for career progression and even a career u-turn and are responsible to provide structure and strategy to the workplace.Because of such dire responsibilities accompanying the position, a managerial role requires first gaining a further degree or a number of years of mid-level work experience.
Another appealing option is business consulting where by combination of business expertise and analytical skills, advice is provided to other companies, usually focusing on how to optimise a specific project or part of the business. This role requires a multi-disciplinary approach to understand the business of different clients.
Retail And Sales
Retail and sales is more than shelf-stacking and cold-calling, when you hold a business degree. Opportunities are numerous, including shop-based and office-based roles, as well as travelling positions for which a good knowledge of global markets is a must.
Marketing And Advertising
Those with a creative flair can use the analysis and report-writing skills to conduct market research, develop marketing strategies, manage client relationships, liaise with copywriters, designers and printers, analyze markets and evaluate campaign results.
Recruitment, training and pay are all handled by the HR department. Highly honed interpersonal skills are prerequisite for careers within human resources besides good basic know how of business operations and management
Other careers with a business degree offer roles within auditing, banking, energy and utilities, hospitality and leisure, IT, journalism, law, logistics, manufacturing, media administration, public relations, risk management and tax.