Why Study Business?
A qualification in business will give students access to roles in pretty much all industries across the world, making it an extremely worthwhile and desirable area in which to study.
A general business qualification can be good to study if you are not quite sure which area you want to specialise in or you wish to hold a broad role. Alternatively, because business is such a popular subject there are countless specific qualifications if you did want to focus on a specific aspect.
Even if you don’t want a career in business, a business qualification will provide you with a valuable set of transferable skills helping you flourish in many other industries.
It is a competitive area to work in so having a qualification can really help give you the edge as you will have been taught the theoretical and practical skills recognised and respected by employers.
A business course will help ensure that when your next career step comes along you are well prepared and in high demand.
What does a typical career in business look like?
The world of entrepreneurship and all the subsectors that fall into it is a hugely exciting and rewarding one and careers in business tend to be so popular because of the financial remuneration that comes with them.
There are a plethora of careers that come under the heading of business, from finance to auditing to management to human resources and a business qualification will opens you up to a wide range of well-paid careers anywhere in the world.
You may join a grad scheme such as those run by PWC, KPMG, Deloitte and Ernst & Young, set up your own enterprise, or gain a senior management role in an SME, multinational or charity – there are many options.
Your qualification should give you a good understanding of working life and may even include work experience or an internship.
What level of business course is right for me?
- Graduate Courses
An interdisciplinary course like a business bachelor’s degree can be a good choice if you have A levels (or equivalent) but little professional experience.
The typically three year course will give you a broad introduction to the working world of business. You will be invited to guest lectures presented by some of the world’s foremost business brains and have work experience or internships available to apply for.
A bachelor’s degree can be a fantastic introduction to a career in business and thanks to its breadth it leaves you able to apply to a wide range of jobs or focus on one specific area after graduating.
- Postraduate Courses
If you already have a bachelor’s degree (or equivalent) then a postgraduate course will be more attuned to your needs, even if your undergraduate qualification isn’t directly related to business.
A master’s degree is typically completed between one and two years and allows the student to specialise.
You will be taught the skills needed to secure and prosper in a senior level role, set up your own enterprise, or continue with further education / research.
You should also have access to networking and work experience opportunities, helping you boost your career path from the get go.
The MBA is the world’s most famous professional business qualification and is respected and recognised in pretty much every country. Its holders can command huge salaries and many senior level business professionals will possess one.
The course should take between one and two years to complete depending on the MBA, and how and where you chose to study.
You will need to have a certain amount of managerial experience before you can apply, as well as a good undergraduate degree and GMAT score.
You will undergo both practical and theoretic training and leave ready to thrive in a senior management role in a global organisation or set up your own enterprise.
The course will provide you with everything you need to be a global business leader.
- Professional and Vocational Short Courses
If you don’t have the relevant professional or educational experience or time for one of the above qualifications then a short business course might be the best qualification for you.
These tend to be more specialised so can be good if you are looking to progress in a certain area, though there are general business qualifications available too.
However, there is a huge range of qualifications and they can be costly if you don’t have financial backing from an employer, so it is important to assess how much it will help you, and whether it will result in a greater financial reimbursement.
What will I learn on a business course?
The content of your business course will obviously vary depending on which qualification you chose to study.
However, all should prepare you for a successful international career by equipping you with a wide range of transferable and respected skills.
Your course will provide you with a mixture of the latest business practises and theories from some of the brightest and most respected minds in business and supply you with the tools you need for a successful career whether you chose to work for yourself or someone else.
Typically though you will learn a range of:
- General skills such as communication, time management, critical thinking and analysis.
- Professional skills such as an awareness of finance and accounting, management and networking.
- More specific skills including international trade and global markets, marketing (including digital marketing), ethics and operations and information systems.
Your course will provide you with more than just an education but also the chance to create invaluable relationships with your course leaders and peers.
As well as the above, you should also be provided with vast opportunities for career help in the form of work experience, networking events, CV and interview workshops and job application tips.
Is a qualification required to do well in business?
It is easy to get swept up in the famous tales of school or college drop outs going on to become internationally successful entrepreneurs, Bill Gates, Richard Branson, Mark Zuckerberg, Alan Sugar to name but a few.
However, for the handful of famous names that don’t have qualifications, the number of international business leaders who do is far greater.
Many employers won’t even look at a CV without one unless you hold significant work experience, and in fact, almost half of the Fortune 100 CEOs hold MBAs, which is just one specific qualification.
Remember a qualification is more than just the skills you will learn, it also provides invaluable networking and work experience opportunities, allows you to demonstrate time management and application skills and ensures you to remain competitive in a cutthroat industry.
The right business qualification can really set you apart from other candidates.