In education, some of the most popular degrees that are sought by undergraduates and post-graduates are business-related. This is because compared to other college courses, a business degree covers a lot of aspects of the modern society and has direct and real-world applications. Also, the wide selection of business-related subjects such as finance, accounting, management, and economics, provide different areas of specialisation.
If you are one of the many students that are attracted to the business courses, read ahead to know more on the advantages of having a business degree.
- Career opportunities
The knowledge that you will gain from a business degree could be effectively applied to various career choices. Most graduates know how to manage employees, deal with customers, come up with business strategies, and manage finances, which makes them well-suited to the job opportunities available to them. Business graduates could run firms, manage organisations, teach business classes, develop new products, or build their own business. Most bachelor of business programmes also expose the students into commercial investing, where they could learn the foundations of managing an organisation.
- Skills gained
Not only will you have extensive knowledge in business, but you will also gain a number of specialised skills that you could apply in your chosen field. Most bachelor of business programmes are also geared towards solving problems and understanding current market trends. Aside from specialised skills, graduates often have great oral and written communication skills, as well as analytical and critical thinking abilities.
- Higher than average salary
In an article published by Time in 2015, business graduates have an average salary of $52, 236, and ranks 4th among the highest paid college graduates. They are also the most in-demand, with more than 75% of employers seeking to hire business graduates.
Graduating from a business programme does not automatically mean that you will have a high salary. Through hard work, most graduates are able to advance their careers easily and move into management-level positions that are not only higher-paying but are also more demanding. Those with a Masters Degree in business have even higher salaries because they are considered more knowledgeable in their field.
Many business-related courses are taught using a hands-on approach to solving problems and come up with solutions. This equips many graduates with the right knowledge and training and helps them to enter and excel in the industry of their choice.