What would be a beneficial minor next to a psychology major?
I want to be a child psychologist one day, but some schools I plan to apply for require a minor. I want to be able to help individuals and have thought about opening a mental health store. This makes me wonder if business might be a good minor. #university #psychology #majors-and-minors #mental-health-counseling
3 answers
ROBIN CHARLESWORTH
ROBIN’s Answer
If your goal is to build a private practice in your community, I suggest a Business minor as you have already considered. It would be practical to have knowledge of Profit & Loss Statements and to manage your office overhead with employees, taxes, office supplies, testing materials, electricity usage, etc. Initial start-up is expensive to purchase furnishings and tools of the profession, so understanding about small business loans would be helpful. It is important to keep a high credit score, pay bills on time, and make choices such as "Would I rent space?" or "Should I purchase my own building?". If you understand your own business inside and out you will know if you can trust your business manager's decisions and recommendations. In our private practice we once had to fire our business manager who was insisting on hiring more employees for data entry and paying overtime yet the data was incorrect when she produced reports. Managed care rates are lower than full fee although can bring more volume in patients. There is a great need for mental health care so I hope you continue to pursue your dream. I have been working as a child psychologist for more than 30 years and still love my work.
Jason’s Answer
I then got an MBA to move around into different roles but still maintain my license to practice psychotherapy. Having a background in business would have helped me build my practice substantially. Youre basically taking classes to learn how to make money better and you have to take the classes anyway.
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