Do you often wonder if studying business would be a good idea? Maybe you’ve heard that people who study business are very practical and know how to get things done, but maybe you’re not sure if that’s the right thing for you. Find out why studying business could be good for you, and whether or not it could help you further your career and your life with these 10 reasons why studying business will help you in the long run.
1) A high salary
A business degree can help you earn more money. In the United States, the median annual salary for all major occupations in 2010 was $39,550. This means that 50% of people with the same occupation earned less than this amount and 50% earned more. The median annual wage for an economist was $81,580.
2) Job opportunities
You have the chance to learn skills that will help you throughout your whole life and career. These skills can be in a variety of fields: sales, marketing, management, and more. Plus, if you’re looking to start your own company in the future, business knowledge will definitely come in handy!
3) Flexible schedule
A flexible schedule can allow students to take on part-time jobs or internships while studying, which will help them gain valuable experience in the business world. Plus, it can make it easier to balance work and study commitments.
4) Work on your own terms
Business can be a great way to work on your own terms. You can choose what kind of company you want to start, how much time you want to dedicate and how much money you want to make.
5) Paid training
Business schools can be expensive, but it’s worth the investment. For one thing, many MBA programs offer scholarships to help you pay for your degree. And even if you don’t end up using your degree directly in your job, the skills you learn will make you much more attractive to potential employers. Plus, there are plenty of opportunities out there for students and graduates who want to give back by working in non-profit or public service sectors.
6) Free education
Many colleges, universities, and community colleges offer business courses for free or at a reduced cost. For those who can afford to pay for the classes, there are plenty of high-quality options that offer both in-person and online learning opportunities.
7) Socially acceptable career
According to the U.S. Department of Labor, there are close to 4 million people who are self-employed and make up about 10% of the workforce. Additionally, since the 2008 recession, the number of self-employed workers has increased by 1 million. If you’re considering a career in business or entrepreneurship, it might be good to consider how studying business can help prepare you for this new economy!
8) A business degree isn’t an academic degree
A business degree isn’t an academic degree. It’s a hands-on degree with the end goal of making you more employable. You’ll learn what it takes to start and run a successful business, as well as how to develop and manage teams, promote your business, and generate profits.
9) Graduates get respect in the community and workplace
Most people think of business as the ultra-competitive world of Wall Street, but there’s actually plenty to be said for studying business in other fields. For instance, graduates get respect in the community and workplace because they are knowledgeable about how companies work.
10) The ability to lead others
Leadership is an integral part of the business world. Not only will you be leading your team, but also you will be leading customers who want to buy your product or service. It’s important to learn how to handle difficult situations and turn them into opportunities so that you can do what’s best for your company.
Business majors are uniquely prepared for today’s world, and can leverage their knowledge in many different ways. There are so many benefits to studying business that it’s hard to enumerate them all. But the most important benefit of this major is the opportunity it provides you. If you’re looking for a career with an enormous upside, there’s no better bet than business!