should i do a business degree

They identify potential markets for the organization’s products,” the BLS explains. Most of them are professional certifications that relate to a specific position or area of business. Our analysis of business-related job postings identified the following as the most common business skills employers are looking for in new employees:1. Rasmussen College does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced. People who earn a marketing degree tend to work in marketing, while people who earn a human resources degree often seek work as a human resources specialist. For example, an experienced project manager could earn the Project Management Professional certification from the Project Management Institute; a business manager could earn the Certified Manager designation from the Institute of Certified Management Professionals; and a small business owner can get a Small Business Certification for their business from the SBA. Accreditation is also extremely important if you hope to transfer credits, earn an advanced degree, or increase your chances of employment after graduation.Some of the other things you may want to think about include the location of the program, class sizes, professor qualifications, internship opportunities, career placement statistics, program reputation, program ranking, and networking opportunities. When majoring in business, you should know what level of education to pursue and what will provide you with most career opportunities. Enjoy High Earnings Potential. All Rights Reserved. Business majors can hold many different positions in many different industries. Please select another program of interest. Looking at popular job titles, however, can give you a good idea of the work most graduates do no matter which sector they work in. We used real-time job analysis software to examine more than 950,000 business-related job postings from the past year.1 The data revealed that 60 percent of employers are seeking candidates who hold a Bachelor’s degree. There are many different types of business certifications available. To get a better idea of your options, read, “The Beginner’s Guide to Different Types of Business Degrees”. As a financial analyst, you can expect to recommend investment opportunities, evaluate your organization’s financial history, study current economic trends, meet with company officials and prepare written reports on your findings. A bachelor's degree in business teaches students to analyze data, supervise teams, and make business strategy decisions. These are the top five job titles for professionals with a Bachelor's degree in business:1. Business analyst: Business analysts (often called management analysts) find ways to make a company better through the study and implementation of process improvements. Connect with Rasmussen College on Facebook, Connect with Rasmussen College on Instagram, Connect with Rasmussen College on LinkedIn, Connect with Rasmussen College on Pinterest, Connect with Rasmussen College on Twitter, Connect with Rasmussen College on Youtube, Human Resources and Organizational Leadership, Information Technology Project Management, Microsoft Excel (and other Microsoft Office software), Financial Aid and FAFSA (for those who qualify). If you see yourself as a strong strategic planner and communicator, this might be a great role for you. Our analysis of business-related job postings found that 48 percent of job openings prefer candidates with three to five years of business experience.1 This shows that there’s plenty of potential openings for business majors hoping to climb the corporate ladder. Finding the right major can have a pretty big impact on your life, so let’s take a closer look at the case for majoring in business. Your employment opportunities are limited only by your knowledge and experience. 2BLS salary data represents national, averaged earnings for the occupations listed and includes workers at all levels of education and experience. They advise managers on how the organization could be more efficient and profitable by finding ways to reduce costs and increase revenues, according to the Bureau of Labor Statistics (BLS). A few of the most common career paths for business degree holders include: Accountant. In short, these are the people that keep an office environment running smoothly. Fill out the form to receive information about: There are some errors in the form. There is no obligation to enroll. (Analysis of job postings requiring a business degree, May 1, 2016 – April 30, 2017). © 2020 Rasmussen College, LLC. If you’re convinced a Business degree is right for you, it’s time to narrow down your focus even more. Degree and Certificate Options for Aspiring Business Majors. You make decisions every day. After earning a business degree, completing business training, or working in the business field, you can seek a business certifications. She loves to write, teach and talk about the power of effective communication. There are also a number of schools devoted entirely to business. They will also spend time resolving customer complaints, preparing budgets, seeking new customers and directing the overall distribution of goods. They assess the performance of stocks, bonds and other types of investments,” the BLS reports. Business skills are so versatile, you’d be hard pressed to come up with a company in any sector that doesn’t need them for at least some positions. Some jobs, particularly leadership positions, require an MBA or another type of graduate business degree. Should I Earn a Business Administration Degree. Employment conditions in your area may vary. If your student loan payments are overwhelming, it can create financial difficulties in the future. 09.14.2020, Kirsten Slyter | Financial analyst: “Financial analysts provide guidance to businesses and individuals making investment decisions. We’ve identified four fundamental factors every would-be business major should consider. There are five basic types of business degrees that can be earned from an academic program. Check out the 2016 median annual pay for the five business job titles we identified above, according to the BLS:2. Business degree holders who work their way up into management positions certainly have reason to be happy about their earning potential—all of the median salaries above are much higher than the national average of $37,050 for all occupations. This role is perfect for someone who has the natural communication and people management skills of a salesperson combined with a good head for numbers. You can earn your business degree online or from a campus-based program. This potential for growth can provide motivation for anyone worried about stagnating in their future career. Talk with an admissions advisor today. This piece of ad content was created by Rasmussen College to support its educational programs. With an average starting salary of nearly $55,000 annually, a business … Some schools offer either option--in most cases, the only difference is the learning format--courses and the resulting degree are the same. This role regularly works with employees in sales, public relations and product development to ensure the business is offering a product that meets consumer needs and demands. If you are excellent at balancing multiple priorities at once, and have strong people skills, this could be the role for you. Creative thinking and strategic ability are very important in this position. There are many different skills employers look for from business majors, but what makes business graduates stand out is their value even outside of the business world. This data does not represent starting salaries. There are plenty of employment opportunities. Most decisions, like where to get your hair cut or what to wear, are pretty simple to consider and choose the path forward. As you prepare to make one of the big decisions in your life, these factors should help you decide that business can be the right path for you. She earned her MFA in poetry and teaches as an adjunct English instructor. This is a great position for anyone who likes the challenge of solving complex problems.

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