Business degrees are a great way for you to learn the skills necessary to work in a business environment. There are many business degrees you can choose from, but the most popular is the undergraduate business studies degree. A business studies degree can often cover accounting, finance, and management, as well as entrepreneurship. This broad range of subjects is reflective of the multidisciplinary nature of business and the importance to understand all key elements that make a business succeed. Business is closely intertwined with economics and you cannot do well without knowing the basics of economics. This is not the easiest science, as it has many complex patterns. So it is a usual situation when a student thinks “ I do not want to do my economics assignment”. Nevertheless, it may be interesting to study business and economics if you approach it with the right mindset.
You may be looking for a degree that focuses more on a specific area of the business world, such as marketing or economics. You might consider a program that focuses on marketing or economics, or even a joint honors program. Business & Economics A joint degree allows you to acquire both general and specialized business skills, which will make you more competitive when applying for graduate jobs.
What are the possibilities for a business degree?
There are many career options in corporate business. They can be found in almost every industry. All industries require strong leaders, financial advisors, and market-savvy decision-makers. Many business graduates still prefer traditional paths, including those in consulting, banking, and human resources, as well as marketing.
A business program can help you create your own business or take on management roles in other creative industries such as fashion, media, or the charity sector.
A business studies degree can lead to entry-level positions upon graduation. However, it also gives those who want to specialize the opportunity to increase their return on investment by pursuing a graduate degree in business administration. Masters in Management, Masters in Finance, and the Masters in Business Administration (MBA) are just a few examples of postgraduate programs.
Do not assume that business studies will lead to management or leadership roles. Business careers can be found in many industries. A company’s success depends on its business and management skills. Therefore, effective leaders, financial analysts, and strategic thinkers are in high demand. Companies around the globe are searching for business graduates, no matter how big or small they may be, and whether they’re local or global.
1. Accounting and finance careers for business people
A general business studies degree will typically cover finance and accounting. However, if your goal is to become an accountant or financial analyst, you will need to obtain additional qualifications. Business graduates have the option to apply for a graduate position and earn a specialized qualification in the course of your work. Many employers will cover the cost of the courses.
You may choose to become an accountant or finance professional. Your job might include reviewing the financial status of your company, advising clients on tax and expenditure, managing records, and participating in mergers and acquisitions.
2. Management jobs in business
Managers are a difficult job that requires long hours and heavy responsibilities. Managerial roles are often more lucrative and offer many career opportunities. Managers are found in all industries and fields. Their job is to create structure and provide a strategy for a workplace.
Due to the responsibility involved in these positions, it is unlikely that you will find a managerial position without a second degree or years of work experience at a mid-level. Business graduates can be promoted to managerial positions later in their careers, but this is not a requirement.
3. Consultancy jobs for business people
Business consultancy is another option that may be appealing. You will be working in a team and combining your business knowledge with analytical skills to offer advice to other companies. Usually, you will focus on optimizing a particular project or section of the business. There are many challenges and projects to be faced, as clients and projects can vary greatly. You may also specialize in one type of business. This allows you to combine your business knowledge with another field, such as engineering, logistics, or other business areas.
4. Retail and sales careers for business people
Retail and sales are more than just cold-calling and shelf-stacking. Especially if you have a business degree. There are many opportunities in sales and retail, including office-based and shop-based positions, as well as traveling positions that require a strong knowledge of global markets.
Large companies offer trainee management programs or graduate training programs for those who want to quickly move up the ranks in sales and retail. This is a great way to gain valuable experience on the job while also continuing your business and management skills within a commercial environment.
Other popular graduate career options include banking, communications and distribution, energy, utilities, leisure, IT, and insurance.