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Business, Associate's

Associate's Degrees in Business have become incredibly sought-after since the turn of the 21st century. With tech start-ups aplenty and more people deciding to become their own bosses, thousands of students have been relying on the qualification as a way to develop their entrepreneurialism. Not only will you be able to run a business operation with skill upon your graduation, but your new-found capabilities will also be of interest to future employers.

When you're studying this type of degree program, your study mainly explores business administration. You are shown how to communicate with individuals and groups, and become acquainted with the technology that helps an entrepreneur to prioritize, delegate, and maximize productivity. Some of these tools include accountancy software, or more industry-specific apps which help business owners to calculate their costs, or profit and loss reports.

Although this may come as a surprise to prospective students, you need to have a solid understanding of what's going on in the news. This is because the goings on in the economy often has a knock-on effect on businesses throughout the US. For example, tax rates mat change, interest rates may go up, or the legal requirements for hiring employees may be updated. All of this could potentially have severe ramifications on a business model.

One thing that many leading entrepreneurs say to students is never to let history repeat itself. As such, the process of analyzing past businesses through case studies is something to enjoy. After all, you'll get the chance to see what certain companies did right, and understand the decisions which can lead to the downfall of corporations big and small.

Business,Bachelor's

If you want a career where there are endless opportunities, and the sky is your limit, actively consider signing up for a Bachelor's Degree in Business Administration when you complete school. In the decades that follow, you could end up with a thrilling job role – potentially as a CEO, or as a high-flying executive who takes care of finance, operations, or human resources.

Upon graduation, the job roles you can expect are mostly managerial or sales-based. And there's great news: double-digit growth is expected for these positions in the next five years.

Your next question should be this: what will the Bachelor's Degree cover? Well, the first component that's mandatory for all students is general education, which helps you to become competent in creating and analyzing spreadsheets. You'll also get to grips with micro- and macroeconomics, as well as the issues which shape the international business community's agenda. The way you convey messages is also of great interest to tutors – as your interaction with clients, colleagues and customers can make or break a business. And this communication isn't exclusive to public speaking events, as your conduct during conference calls and emailing matters, too.

When you get down to business – literally – you'll develop a more advanced knowledge of accountancy, the legal requirements of entrepreneurs, key rules of management and finance, and how to market goods and services to the public. Some students find they excel in one particular area, and can then go on to major in that topic if they so wish.

Business,Masters

A Master of Business Administration Degree is considered as the flagship qualification for anyone who wants to have an entrepreneurially-driven career. Known as MBA for short, they are often taken by people who have already amassed a Bachelor's Degree.

These degrees focus on helping students to think like business people. You get to debate hotly-contested issues, such as the best ways to manage a team or deal with a certain dilemma in the office. In realistic scenarios during your course, you'll be expected to problem solve and make important decisions quickly. After all, in the real-world, there are so many time-sensitive choices which need to be made – and unfortunately, making the wrong decision can have devastating consequences.

Many MBA students also travel and study abroad for several months. This allows them to see how business customs are entirely different in other countries and on other continents. Also, it's important to learn and appreciate how the muscle of developing economies is growing – not least because China is well on its way to becoming a superpower. Other regions to focus on include Europe, where their collective trading bloc often gives the US a run for its money.

In your second and final year, the electives you'll have to choose from include HR, political economics, and IT. This is a fast-paced degree, and it's important that you keep up with everything that's being taught to you in a short space of time. But then again, there is also the chance to explore your passion, with hours set aside to take subject matters including the arts, languages and design if you wish.

Business, Ph.D

If you're planning to take on a Ph.D. in Business, you'll be able to academically approach this subject from several angles. Two examples you may consider are:

  • Accounting: The main goal of this Ph.D. is to help you perform research analytically and empirically. You will be able to zone in on a particular area of accountancy – such as how it has the potential to influence the performance of the stock market, how investors make decisions, and the way that corporations and individuals are taxed in the US.
  • Marketing: In this highly consumer-driven world, there have never been more products available to buy and so much information available to the public. The goal of an effective marketer is to cut through all the noise, and grab the attention of a prospective customer. When you're learning about this trade in small classes, it's easy to become engrossed the nuts and bolts of how marketing works – as a person's family background, culture, earnings and even the car they drive can affect their purchasing habits.

Of course, you may choose to focus your Ph.D. on an entirely different area – such as human resources or information technology. The thing you need to remember is that there's a lot of competition out there, and it's important to think about your career ambitions, and the area where you want to focus your study, in advance.

You should put universities which have excellent resources – including research centers and libraries – to the top of your list. Also, you should never be afraid to read reviews from past students, and to make a decision based on their experiences.

Business,Certificate/Diploma

Many Certificates and Diplomas in Business can be taken online, and this allows you to fit your studies around any employment obligations you have. The entry criteria for the courses you're interested in will depend on its level of difficulty.

Once some students have graduated from their Bachelor's Degree, they find themselves eager to continue gaining qualifications, and add further strings to their bow. This is where a Diploma can come in handy, although some courses are only available on a full-time basis. They include:

  • HR Management: As you explore human resources, you are given training on how to mediate between two workers embroiled in a dispute. Your learning also explores the law, and what an employer is compelled to do. Such a course may also show you initiatives that can boost productivity in a workforce.
  • Business Mathematics: Are you clueless on how to calculate how much a business is worth? Unable to find out what your tax liabilities are, or do you get plain confused when trying to forecast your business' profitability in the coming years? This is the diploma for you.
  • Communication: Never underestimate the importance of communicating via the spoken and written word. If you are able to hone these skills, they could change your life as you make a crucial pitch. As well as developing your writing and speaking, such diplomas also acquaint you with the presentational tools needed to capture their attention.

Although these Diplomas and Certificates can be expensive, many people soon find that they were a worthwhile investment once they were in the world of work.

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