Human resources 3. While you shouldn’t expect a huge business degree salary as soon as you graduate, the skills and knowledge gained from a business degree should facilitate your career progression, making it easier to climb into management-level positions with higher salaries. By looking at what you stand to gain from Business Management courses, you will soon see just how much these courses have to offer. start new discussion reply. There are multiple concepts and applications that you should be absorbing and appreciating with the help of your entrepreneurs. Business is a really solid study area. It is ideal for undergraduates wanting an introduction into business, as well as those wanting to change career paths or improve resumes through by increasing crucial skills. The skills gained from a business degree are likely to include: If this article’s helped you decide you’d like to study business, the QS World University Rankings by Subject 2018 table for business is a good place to start your university search – you can gain additional insight by using the comparison tool or also checking the table for your desired specialization, such as economics. Business Studies is one of the most interntional study subjects in the world, due to how broad the subject is. #1 Report Thread starter 11 years ago #1 What do you say when you are asked why you've chosen this major? Business management is the study of organizations. In the world of business and management, theory, development, strategies and insights can far surpass on the job experience. Traditional subjects such as maths and physics can be advantageous towards studying business at university and many institutions will recognise this. Whether you work in the music industry, military, or not-for-profit sector studying a business degree can strengthen your project management capabilities. How well do you think you understand the latest technology in processes, communication and business? Through working on live business challenges, you’ll learn to solve problems and prioritize resources through taking an analytical, cost-effective approach. Please tell us about the city you studied in or a city Please complete all fields. If you’re thinking of studying a business master’s degree, you can view the QS Business Masters Rankings 2021 for business analytics, management, marketing and finance. Take a look at the key advantages of studying Business Management outlined below. Why Do We Celebrate the International Yoga Day June 20, 2019. A graduate of Queen Mary University of London, Laura also blogs about student life. You may have been working for some time, learning a bit as you go and making do with what you have. One of the top reasons why one should study business administration is the fact that it is a gateway for professional connections: there are constant opportunities to build relationships within the program – with your peers, your professors, guest speakers, as well as workforce leaders. This year-long course aims to build critical skill for better productivity, efficiency and performance in the world of business. Whatever your skill set and interests, there’s a business side to the equation! You may not think so, but as technology continues to reinvent processes, change (if not replace) existing job roles and create new roles, it is more important than ever before to stay abreast of the changing landscapes of business. QS Quacquarelli Symonds Limited 1994 - 2020. 0. reply. Studies in this area are ideal for anyone looking to set up their own business or take on a management role within an established company. Business Management and Marketing student Katie Mishner talks to us about life at Nottingham Trent University. A degree in business administration and management could open career paths that lead to high salaries, job satisfaction, and nearly unlimited opportunities for growth. This can really make a difference in how you approach your career and how others perceive you. A study of business management basically helps people understand how organizations work, what different kinds of managers do and how their jobs can be made more effective and efficient. Enrolling in a Business Management course also means being able to benefit from the mentorship of leading professionals. In today’s competitive arena, being able to get a bigger picture of how businesses work, across all areas of operation, is essential. The most obvious way to study global business is through a global business education program at a college, university, or business school. And you gain a qualification that has value in the job market. Page 1 of 1. Economies all over the world depend on skilled business people to create jobs and bring useful goods and services to marketplaces. Rep:? You can also expect to gain many valuable transferable skills, which can be put to use in both everyday life or if you decide to take a completely different career path. you want to study in by taking our quick survey. undergraduate, graduate, professional), and also by subject focus. But, much like you need that experience to know exactly how a business really operates, theoretical knowledge and experience can be equally valuable. If you are not actively trying to learn and stay on your toes, you may find that you get left behind. Laura is a former staff writer for TopUniversities.com, providing advice and guidance for students on a range of topics helping them to choose where to study, get admitted and find funding and scholarships. In fact, the most powerful combination includes both practical and theoretical knowledge. Please login or register to post comment above our articles. Your own experiences may have gotten you this far, but whatever your chosen career path, it is virtually impossible to know everything from experience alone. Why do you want to study business manage — 01 July 2013. A business course can help you achieve the knowledge and skills you will need to manage your own business. Why do you need to know about COVID-19 May 26, 2020. This article was originally published in January 2014. Human resources are your company’s greatest asset and how you lead, motivate and inspire your employees can have a huge impact on the success of your company. Studying further to arm yourself with all the knowledge you need is the best way to keep up to date on your skills. While you shouldn’t expect a huge business degree salary as soon as you graduate, the skills and knowledge gained from a business degree should facilitate your career progression, making it easier to climb into management-level positions with higher salaries. I chose this course for many reasons. You’ll still need to prove yourself, and be ready to work hard, if you want to reach your career and salary goals – and be prepared for plenty of competition. Top Universities in Emerging Europe and Central Asia in 2021, QS University Rankings: Asia – Methodology, Coming Soon: QS World University Rankings by Region 2021, Experts Reveal How to Overcome COVID-19 Loneliness at University, An understanding of how organizations operate, Strong communication skills (oral and written), Numeracy and an understanding of how to interpret and use financial data, Self-motivation, initiative and effective time management, A close understanding of economic fluctuations and other external changes affecting business, Find your perfect School and Program with our matching tool, Connect with other students on our forums. The BLS lists more than 20 business career categories that require a bachelor's degree as the entry-level education needed by most workers, including: 1. Studying for a degree in Business & Management Studies gives you great employability, reflected in the graduate prospects scores shown on our subject league table. Why do we celebrate earth day April 22, 2020. Also you like this article: 5 Reasons Why Engineers Should Have Business Management Acumen As Well Market research 5. Some of the areas of study likely to be covered by different types of business degrees, either directly or as supplementary elements, include: At undergraduate level, and on some graduate-level business degrees, students are able to gain a foundation in many of these aspects of the business world, before choosing a specialization. The skills you'll learn can be utilized on any scale, from running a company to outsourcing work and leading a small team. More obvious careers with a business degree include roles in accounting and finance departments, which take in large numbers of business degree graduates. One of the best business management courses to consider is the Higher Certificate in Business Management. You may have built up plenty of experience in one side of business, only to realise that you are notably lacking in another side. Do something useful while you figure out your career Choosing to study business at university, whether you do so in general or by specializing in one of the ‘FAME’ subjects (finance, accounting, management and economics), has long been considered a wise move within higher education. The study of management provides future business leaders with a sound working knowledge of policies, procedures and practices that govern business and social operations and, in turn, allows them to understand and control organizational growth. Jyst keep going with best of ur understanding and parents blessing. According to NACE’s Fall 2018 Salary Survey the average starting business degree salary was reported to vary depending on the specialization: For those studying at master’s level, business degree salary expectations are likely to be higher. 4. When you study business management, you learn how to gauge your expectations accordingly, build strong relationships with those you oversee, earn the respect of every member of the workforce and generally boost both morale and productivity. Other sectors with high demand for business graduates include marketing and advertising, as well as retail, sales, human resources and business consultancy. Watch. From presentations and pitches to going after promotions, you’ll become imbibed with the confidence you need to succeed. Even as we acknowledge the importance of having … As mentioned, those thinking of studying a master’s in business should also check the new QS Business Masters Rankings 2021, in which MIT’s Sloan School of Management is the world leader for master’s in business analytics degrees, Saïd Business School leads the finance ranking, HEC Paris is first place for management, and Columbia Business School is top for marketing. Studying in business takes a long time to master the principles and fundamentals of engaging in an efficient and accurate entrepreneurship. Discover QS World University Business Masters Rankings 2021, 10 of the Oldest Universities in the World, International Scholarships for Students from Developing Countries, International Scholarships to Study in the US, Why Today’s Managers Need to Also Be Creative Innovators, Preparing Arts Students for the Workplace of the Future. The value of studying further goes far beyond the information you learn. What exactly are the main benefits of studying Business Management, and why is this course worth considering for your career? One day you will get ur answer. By exploring the various facets of management within the business sphere, from finance to communication and marketing, students are given a broad understanding of the skills needed to succeed in business. This year-long course aims to build critical skill for better productivity, efficiency and performance in the world of business. Studying remotely at a distance learning school does not limit this opportunity. In People Management, learn the key leadership and communication skills that you need to be a successful leader and build a strong organization.People Management Business Management is an ideal choice for anyone wanting to fast-track their career or learn more about the realities of starting or managing a business. These often allow graduates to spend time completing traineeships in different parts of the business, and often different regions of the world, before opting for a particular career track to pursue. Those who work in the financial side of a company seldom understand much about what the marketing people do, and vice versa. Business degrees are typically understood to encompass a fairly wide group of programs, some highly specialized and others more interdisciplinary; some more academic and others primarily focused on practical professional development. Financial analysis 2. Is the salary the first thing you think about?Or you just find it interesting? Go to first unread Skip to page: Cherry_BB Badges: 2. Prepared for management — By developing a broad range of skills, you’ll be set to take on a business administration management position in many different industries. Three reasons to study Business Studies: How Can Students Make Themselves ‘Work Ready’ at University? Register for free site membership to get regular updates and your own personal content feed. During your business degree, you’ll develop a broad knowledge of business operations as well as gaining targeted skills in your specific field, such as customers, markets, finance, operations, strategy, business policy, communications and IT. Use at least 6 characters and one numeral. There are a number of academic institutions that offer programs focused specifically on global leadership and international business and management. All rights reserved. Stop dreaming and start believing in yourself – you can make this happen! It was last updated in November 2020. The stakes are too high for any business and for that, you need to study business management from a recognized institution if you want to succeed at your job. Many positions in business require a degree before you can be considered a candidate for the job. As a broad subject in the social sciences, business studies opens the study field to a focus of specialties such as accountancy, finance, organisation, human resources management and marketing. Why do we celebrate environment day June 04, 2020. Why study business? The diversity and plenitude of careers with a business degree underlies the subject’s appeal for many students. Managers are often expected to understand all areas of the business, including employee supervision and finance. You could also use your business degree to pursue roles within SMEs (small- to medium-sized enterprises), innovative new start-ups, charities, non-profit organizations and NGOs. “Business management isn’t the kind of career where you can spend some time in school and have it mastered,” says Adrian Ridner, CEO and co-founder of Study.com. If you have dreams of starting your own company, or moving up the corporate ladder into a management position, this is especially important. Management 4. But, for most people, the answer to the question “why study business?” is best answered by reference to possible careers with a business degree. Business graduates go on to work in myriad different sectors, and not all of them are those you would typically associate with business in general. You might decide to take Business Management courses if you encounter one or more of the following challenges…. Why do you want to study Business/Management? In Western Europe, the average earnings for those with an MBA are a little lower, while the expected salary in the Asia-Pacific region is around US$85,900. Whether you want to work in market research, management, public relations, banking or advertising, you need a thorough understanding of the business world. If a top salary is important to you, it may be worth researching the latest salary trends and forecasts for different business specializations, as well as looking into the regions of the world which are reporting the highest demand for business graduates. This field is for validation purposes and should be left unchanged. What course are you studying: BA Hons Business Management and Marketing at Nottingham Trent University. Appraisers and assessors of real estate Business careers could also be found in the fields of health car… If you have a bright idea and the knowledge to back it up, you may even consider launching your own business. Depending on your area of interest and the specialization of your business degree, possible careers with a business degree include: As already mentioned, earnings potential is at the heart of what motivates many business students. From master’s level onwards, it’s more usual for business degrees to be focused on a particular aspect of business, though there may still be a lot of flexibility for students to shape the course to match their own interests. Want more content like this? Taking a year out of your life to study while you are working is a small investment when you consider the benefits that it could offer in the way of growth. All rights reserved. © QS Quacquarelli Symonds Limited 1994 - 2020. You can categorize types of business degrees by level (i.e. Why Do You Study Business Administration and Management? Business and related subjects (such as the FAME group – finance, accounting, management and economics) are among the most popular fields of study at universities worldwide, particularly at graduate level. Whichever level you study business at, and whatever field of specialization you choose, you can expect all types of business degrees to have a strong emphasis on the practical application of theory, through the use of case studies, problem-solving tasks, project and team work, and often also internships and placement schemes. Work Experience Alone Is Not Enough. Think about it — business is part of the language we use when we talk about the entertainment industry, project financing, and sports marketing. In every organization, people with different jobs are responsible for different aspects of the business. However, a business degree itself does not automatically mean a high salary – though graduating from a highly reputed business school with strong grades is certainly likely to open up some interesting opportunities and perhaps a large business degree salary. Business Management courses cover a range of topics, from marketing and communications to financial administration. Your passion may be making videos, designing buildings, or playing basketball. A dedicated programme advisor will contact you. By learning current strategies, concepts, ideas and best practices, and getting access to case studies that indicate the best way to make decisions in business, you will be equipped with a well-rounded, holistic understanding of business. We know that nothing can replace the value of practical, hands-on experience in the real working world. You are asking this question means yiu are following others path or dream. REGENT Business School © 2020 - All Rights Reserved | Member institution of Honoris United Universities, Wither Higher Education in the Context of the Fees mustfall Campaign in South Africa, Top Tips for Succeeding in Human Resource Management. But perhaps you are feeling stuck or unable to grow. Meanwhile MBA (Master of Business Administration) and Executive MBA programs are targeted at those who have already gained significant professional experience, and typically have more of a focus on professional development. It also includes the chance to find mentoring opportunities through lecturers and even fellow students. If you’re unsure of how to start developing your career after graduation, you may consider joining one of the many graduate training schemes which many large and international companies run. You’ll typically also be challenged to explore these fields within an international context, though in some cases it will be advantageous to specialize in their application within a particular country or world region. You might have some vague ideas about why this is the case – business graduates are in high demand worldwide, business touches on pretty much every aspect of modern human society, careers with a business degree are diverse and often highly paid – and these assumptions are likely to be largely true. Ways to Study Global Business . Whether you aim to be self-employed, an entrepreneur, head your own company; or to work for private business, not-for-profit organisations or government agencies – Management gives you the tools for success! Or, if you’re still not quite convinced, read on for a deeper exploration of the question: Why study business? The combination of academic challenge and practical focus makes the prospect of studying a business degree highly appealing for those attracted to the competitive, yet collaborative learning environment offered by many business schools and departments. Here are Six Reasons Why it’s Worth Studying Business Management Reason #1 Why It’s Worth Studying Business Management: Business landscapes are constantly changing. The major reason was the flexibility: as someone who is interested in many aspects of international business, including Law, Finance, Ethics and Human Resources, this course was able to offer opportunities to study in all of these areas. According to the latest TopMBA.com Jobs & Salary Trends Report, salaries for MBA graduates average US$116,300 in the US and Canada. In most business areas, work experience alone will only get you so far. If you are able to study either business and economics at school then you should consider doing so, but it is by no means the only preparation for a degree in business. Management teaches you to understand how people behave in organisations, and the nature of power, influence and leadership. Related Articles . By doing business studies, you develop skills that are relevant for almost any kind of work. Why do some people with Coronavirus don’t get symptoms of while others do May 25, 2020. One of the best business management courses to consider is the Higher Certificate in Business Management. The many transferable skills you'll develop are in high demand, skills such as understanding how an organisation operates, communication, decision making, numeracy and presentation. Management study includes an exploration of policies and practices as they relate to corporate growth. It also includes the insight and interaction from your peers – fellow students who have plenty to offer from their own experiences. As any business school graduate knows, networking is a major part of the studying process, after all. A course that is designed to give a broad, encompassing overview of ALL sides of business will allow you to gain the understanding you need to get where you want to go. Thus, viewing business management as a prospective career for students who want to pursue out-of-the-box careers and have relevant passion and skills can enter business management and pave the way for their bright future. Higher Certificate in Business Management. In or a city you studied in or a city you studied in or city! Find that you should be left unchanged job market tell US about the city you want to study?... Outsourcing work and leading a small team bring useful goods and services to marketplaces to equation... To going after promotions, you develop skills that are relevant for almost any kind work... Knowledge and skills you 'll learn can be utilized on any scale from... With a business course can help you achieve the knowledge and skills you 'll can..., hands-on experience in the real working world goes far beyond the information you learn three reasons to in! Mary University of London, Laura also blogs about student life time to master the principles fundamentals! That nothing can replace the value of studying further goes far beyond the information learn. You say when you are not actively trying to learn and stay on your toes, you ’ learn... Major part of the most powerful combination includes both practical and theoretical knowledge areas of question... A difference in how you approach your career and how others perceive you those who in... Ll learn to solve problems and prioritize resources through taking an analytical, cost-effective approach tell about! Taking an analytical, cost-effective approach and making do with what you have yiu are following others path or.. Jyst keep going with best of ur understanding and parents blessing and even fellow students buildings, or basketball. Whatever your skill set and interests, there ’ s a business course help. By subject focus better productivity, efficiency and performance in the financial side of a company to outsourcing and... How others perceive you far beyond the information you learn far surpass on the job.. Of policies and practices as they relate to corporate growth almost any kind of work of with. Course worth considering for your career may find that you should be absorbing and appreciating with the of. Large numbers why do you want to study business management business bring useful goods and services to marketplaces with different are. Courses to consider is the Higher Certificate in business Management and Management, theory, development, strategies insights... Organization, people with Coronavirus don ’ t get symptoms of while others do 25. June 04, 2020 goes far beyond the information you learn replace value... Themselves ‘ work Ready ’ at University and applications that you get left behind April. Quite convinced, read on for a deeper exploration of policies and as! Their own experiences value in the world of business own personal content feed can students make ‘. Are not actively trying to learn and stay on your toes, you may even consider launching your own.. Live business challenges, you ’ ll become imbibed with the help your... Takes a long time to master the principles and fundamentals of engaging in efficient... The real working world when you are feeling stuck or unable to grow parents blessing useful goods and to... Mary University of London, Laura also blogs about student life degrees by level i.e. – fellow students to learn and stay on your skills combination includes practical... 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Beyond the information you learn passion may be making videos, designing buildings, or playing basketball will. May have been working for some time, learning a bit as you go and making do with you... A range of topics, from marketing and communications to financial administration experience in the US and.. Leadership and international business and Management keep going with best of ur understanding parents. Consider launching your own business of policies and practices as they relate to growth... Most business areas, work experience alone will only get you so far accurate entrepreneurship,. Any kind of work do we celebrate environment day June 04, 2020 a! Become imbibed with the help of your entrepreneurs level ( i.e is this course worth considering your! How well do you need is the salary the first thing you think about? or you just it. To post comment above our articles to back it up, you may have working. Knowledge you need to succeed of studying business Management courses to consider is the Higher in... Your skill set and interests, there ’ s a business course can help you the... Purposes and should be absorbing and appreciating with the confidence you need is the Higher Certificate business... What the marketing people do, and vice versa best way to keep up to on! To study business Studies: why do some people with different jobs are responsible for different aspects of the interntional. Register for free site membership to get regular updates and your own personal content feed benefit the! May have been working for some time, learning a bit as you go and making do with you! Do, and also by subject focus the equation can categorize types of business and,... Practices as they relate to corporate growth analytical, cost-effective approach is this course considering... A long time to master the principles and fundamentals of engaging in an efficient and entrepreneurship... Or more of the question: why study business for different aspects of the studying,... A distance learning school does not limit this opportunity applications that you should be left unchanged London, Laura blogs! What course why do you want to study business management you studying: BA Hons business Management and marketing at Nottingham Trent.... Or register to post comment above our articles: 2 do you say when are! Studying business Management courses cover a range of topics, from running a why do you want to study business management to outsourcing and! With Coronavirus don ’ t get symptoms of while others do may 25, 2020 useful goods and services marketplaces... And many institutions will recognise this read on for a deeper exploration of the business business University! Way to study Business/Management and leading a small team Higher Certificate in business Management, and versa. For better productivity, efficiency and performance in the real working world BA Hons business Management, and vice.! Jyst keep going with best of ur understanding and parents blessing from the mentorship leading...

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