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What is a business degree?

February 16, 2021 | Staff Writers

What is a Business Degree
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In this day and age there are more opportunities for advancement and for furthering your education than ever before. There are new degree programs being created all the time and older degrees are being revamped to fit the needs of the world we currently live in. A business degree is one of the most useful and the most versatile degrees you can achieve.

Business degrees open your horizons to work in a variety of different sectors and areas and it allows you to fulfill a range of different positions within those sectors. Business degrees teach both practical and in-depth skills that you can use to make a difference and to truly follow the career path that you want for a better future.

What is a Business Degree?

A business degree is one that espouses the values and ideals that come with running, operating or working with the business sphere. This type of degree teaches both practical and theoretical skills so that apply to business. A business degree teaches the skills and business principles you need to be a part of the business world in many different positions.

Business principles are far reaching, they apply to many different parts of our society and our lives. Business degrees as a rule are multidisciplinary and are overlapping into several different areas and disciplines. You will learn about economics, principles of management, communication and more, all areas that are required to create a degree that comes close to covering all the basics of a business.

Beginning business degrees are going to be very broad, so as to be able to teach the basics and create a foundation for further learning and further specialization as your degree progresses. Most beginning business degrees are going to focus on the foundational blocks that will provide you with the information you need to be able to pursue a specialization should you choose to further your degree of a good starting knowledge if you decide to stay with the basic degree.

What Types of Business Degree are there?

A business degree is one that is varied and that is incredibly versatile when it comes to concentrations and durations of degrees. Aside from the typical associate, bachelor’s, and master’s degrees, there are also specific customizations and paths that you can take once you finish your basic courses to get the degree that you have always wanted.

Associate’s Business Degree

This is a two-year degree that is often a good jumping off place if you want a basic business education and are considering furthering your degree later down the road. This type of degree often covers the principles of business and the basics of business as a whole rather than focusing on any one particular discipline or subset of business.

Common Classes:

  • Principles of business
  • Business management
  • Business leadership

These classes are going to be the building blocks upon which further degrees or more advanced degrees are based. These degrees are going to be good for getting jobs as office manager, administrative assistant or even a store manager. The associate business degree is a wonderful place to start if you want to dip your foot into the business pool so to speak and you want an introductory business education.

Bachelor’s Business Degree

The business bachelor’s degree is a four-year degree that builds off of the associate degree. The bachelor’s business degree is a great idea if you are looking to start your own business or if you are thinking of seeking positions of higher management. The bachelor’s degree builds off of the basics that were taught in the associate degree and furthers that knowledge to more specific and honed in principles and ideas.

Common Business Bachelors’ Degree Courses

  • Communication
  • Organizational Leadership
  • Strategic planning
  • Business computers
  • Business ethics
  • Financial management

These are all courses that are more specific, that are more focused on the finer principles of business and how to apply it. This is a fantastic degree if you are looking to get a job like accountant manager, financial analyst, sales representative, project manager or even marketing manager.

Master’s Business Degree

This is a six-year degree typically or more depending on the area of business that you are pursuing and what you are trying to do with your degree. This type of degree takes a typical four-year degree and builds upon that knowledge to perfect it and to add critical skills needed for advanced positions of management. With a master’s degree in business you can achieve some truly wonderful things. You can accomplish a great deal and can takeover a range of different jobs.

Common Business Master’s Degree Courses

  • Marketing management
  • Finance
  • Human resources
  • Information systems

These classes are going to be even more direct and even more specific than those classes that you took during your four-year degree. This coursework is going to be very specific, it may even be tailored to the career or position that you intend to pursue after you graduate. Classes are more likely to focus on more minute and specific principles and ideas and is going to help you find a position of authority when you do graduate. You can become an accountant manager, a marketing manager, or even someone in executive power with this type of degree.

What Can You Do with a Business Degree?

Business degrees are varied, they are highly versatile and they lend themselves well to range of different career paths. With a business degree you learn a range of skills that can easily be applied to a variety of different jobs and specialties. With a business degree you can become a business analyst, account manager, marketing manager, sales manager, and more.

These degrees prepare you for a range of different professions that you can then further your degree, further your knowledge and further your own certifications later on in your career. You can do just about anything with a business degree as they are very versatile and many of the individual principles and classes that are taught are applicable to variety of different careers.

Career Outlook and Earning Potential, What can a Business Degree do For Me?

The world is always looking for business professionals that can step into leadership roles and other positions. Business degrees can apply to a whole bevvy of different careers and workplaces. Cost estimators for real estate, insurance underwriters, claims adjusters, budget analysts, appraisers and auditors, human resource specialist and more all can benefit from a business degree and these positions may require a business degree of some sort to be qualified for them.

The higher your business degree the more likely it is that you are going to be able to get a job in a field that requires you to have critical thinking skills, management skills, leadership skills, even business skills. You loan officers need business degrees, operations research analysts, personal finance advisors, statisticians and more all require business degrees in order to be able to effectively preform the duties of the job.

The overall salary of any given position of course relies on the experience of the individual and the career in which they are starting. Appraisers and assessors for realty firms for example make around $50,000 per year while someone that is working in a tax office as an examiner may make $54,000 per year. The higher your degree and the higher your education, the better your chances are at attaining a job or a certification that allows for a higher salary.

Market research analysts make around $60,000 per year while accountants and auditors make around $70,000 per year. The area in which you are seeking employment does make a difference in your overall salary and your potential employer may offer more incentives for furthering your education and getting an even more advanced degree.

Depending on what you want to do with your degree, you do have the potential to make a great deal of money and to have a great career outlook if you do get a business degree. The right degree can make a big difference in your overall career and the right degree can certainly change your career path and earning potential overall.

Resources:

FAQ

Q- Can you get a good job with a business degree?

A- there are plenty of different jobs that you can get with a business degree. These degrees lend themselves well to a range of different professions and different positions you just have to be willing ot find the job that works for you.

Q- is a two-year business degree useful?

A- though a four-year or six-year degree may get you a higher paying job, a two-year degree does have the potential to help you get your foot in the door and to start your business career.

Q- how likely is it that I will be able to get a job with a business degree?

A- career outlook for business degrees is very good. These degrees are great for a range of different careers and does give you the skills that you need to succeed in a variety of different career paths.

Helpful organizations

Harvard Business School Reading List

Wake Forest School of Business Speaker Series

Rutgers Business School Speaker Series

A business degree is a fantastic opportunity to further your education and make a huge difference in your future. With the right resources and the right overall approach, anyone can get the degree that they want and the degree that they need.

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