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. Why do you want to study Business/Management? What course are you studying: BA Hons Business Management and Marketing at Nottingham Trent University. One of the best business management courses to consider is the Higher Certificate in Business Management. Please tell us about the city you studied in or a city 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. What exactly are the main benefits of studying Business Management, and why is this course worth considering for your career? By doing business studies, you develop skills that are relevant for almost any kind of work. This article was originally published in January 2014. #1 Report Thread starter 11 years ago #1 What do you say when you are asked why you've chosen this major? “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. It also includes the chance to find mentoring opportunities through lecturers and even fellow students. Take a look at the key advantages of studying Business Management outlined below. The value of studying further goes far beyond the information you learn. Why study business? In every organization, people with different jobs are responsible for different aspects of the business. Business Studies is one of the most interntional study subjects in the world, due to how broad the subject is. Other sectors with high demand for business graduates include marketing and advertising, as well as retail, sales, human resources and business consultancy. undergraduate, graduate, professional), and also by subject focus. 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. 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! Please login or register to post comment above our articles. The most obvious way to study global business is through a global business education program at a college, university, or business school. Please complete all fields. This year-long course aims to build critical skill for better productivity, efficiency and performance in the world of business. A business course can help you achieve the knowledge and skills you will need to manage your own business. Go to first unread Skip to page: Cherry_BB Badges: 2. But, for most people, the answer to the question “why study business?” is best answered by reference to possible careers with a business degree. Whether you want to work in market research, management, public relations, banking or advertising, you need a thorough understanding of the business world. 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. 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. Why do you want to study business manage — 01 July 2013. Even as we acknowledge the importance of having … In fact, the most powerful combination includes both practical and theoretical knowledge. 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. Economies all over the world depend on skilled business people to create jobs and bring useful goods and services to marketplaces. Watch. Studying in business takes a long time to master the principles and fundamentals of engaging in an efficient and accurate entrepreneurship. 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. From presentations and pitches to going after promotions, you’ll become imbibed with the confidence you need to succeed. 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. 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. 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. 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. This field is for validation purposes and should be left unchanged. But, much like you need that experience to know exactly how a business really operates, theoretical knowledge and experience can be equally valuable. This year-long course aims to build critical skill for better productivity, efficiency and performance in the world of business. Traditional subjects such as maths and physics can be advantageous towards studying business at university and many institutions will recognise this. 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. 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. 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. There are a number of academic institutions that offer programs focused specifically on global leadership and international business and management. 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. There are multiple concepts and applications that you should be absorbing and appreciating with the help of your entrepreneurs. 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. Studying remotely at a distance learning school does not limit this opportunity. Three reasons to study Business Studies: 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. 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 Study Business Administration and Management? 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. Whether you work in the music industry, military, or not-for-profit sector studying a business degree can strengthen your project management capabilities. In the world of business and management, theory, development, strategies and insights can far surpass on the job experience. 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. A degree in business administration and management could open career paths that lead to high salaries, job satisfaction, and nearly unlimited opportunities for growth. How Can Students Make Themselves ‘Work Ready’ at University? 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. A graduate of Queen Mary University of London, Laura also blogs about student life. This can really make a difference in how you approach your career and how others perceive you. If you have a bright idea and the knowledge to back it up, you may even consider launching your own business. 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