Different types of business degree programs are available for you. The ideal choice depends on certain factors. These include your own preferences and aptitude and your budget (some degrees cost more to earn than others). However, the degree you choose can also depend on a specific need. There may be a family business requiring specific skills and knowledge to maintain. You may already have a job and your employer may sponsor you for a degree specific to the business in question. You may wish to explore a specific business arena or to specialize in a certain kind of business activity. All these factors are important while choosing the degree you wish to earn.
The most commonly pursued business school programs are:
1. Degree in business management:
You can earn a degree in business management separately or in context with another study program. Among the options available are:
• Bachelor’s Degree in Business Administration/Management
• Bachelor/Master of Science in Business Administration/Management
• Associate of Business Administration/Management
• Bachelor of Business Administration/Management
• Bachelor of Science in Business/Retail Management
• Bachelor of Science in Human Services and Management
• Master of Management
• Master of Management/International
2. Degree in Finance:
A degree in finance opens up to you many jobs in the public and private sectors. It is essential if you plan to be an investment banker, budget analyst or loan officer. It is also an indispensable tool for real estate professionals, financial advisors and money market managers. In today’s business environment, such a degree has very high long-term potential.
Certified accountants are in very high demand because of the enactment of America’s new corporate accounting laws. You can choose to become a Certified Public Accountant (CPA), a Certified Management Accountant (CMA) or a Certified Internal Auditor (CIA). Each of these holds considerable value in specific business sectors. Earning such a degree exposes the student to skills such as financial analysis, managerial accounting, taxation, auditing and various other vital business functions.
You can earn in a degree in marketing separately. However, most people prefer to do this in conjunction with a degree in business management. Doing this gives the student a unique perspective and understanding of the subject. A degree in marketing equips you with in-depth information on marketing strategy, effective advertising and promotion, product development and pricing. You also learn about how consumers behave, and how to derive a marketing advantage from this behavior.
In a business context, entrepreneurship means starting a business. A degree in entrepreneurship covers all aspects of launching a business successfully. The subjects covered in such a program include business ethics, economics, accounting, finance, marketing and management of operations.