Is it smart to have a Bachelor's/Master's in business as a backup while you're trying to pursue a career in a different industry (ie. entertainment, music, theater, etc.)?
I have a strong passion for performing arts, specifically theatre. However, I know being an actor does not always guarantee a stable job every moment of your life. Therefore, people have told me to have a Plan B career and I've chosen on that to be Finance. I was just wondering if I'd have to automatically pursue business if I get my degree in it. #business #finance #entertainment #theater
3 answers
Alex’s Answer
Todd’s Answer
Yes! Get your degree in business or law.
It's not called 'show art'.
My MBA has served me exceedingly well over the last 20years.
Joe’s Answer
I think double majoring or minoring in business in undergrad while pursuing your passions around entertainment makes sense. The business classes will offer you a great opportunity to expand your knowledge, meet different types of people and it may even give you an alternate route into the entertainment field outside of being the actual entertainer. Furthermore, if you are successful in your entertainment goals, your business knowledge will allow you to potentially start your own company or at least it will give you the foundation for making smart financial decisions.
As far as pursuing a Masters in Business as a backup, this does not make sense. The cost and time associated with a Masters is substantial. It would be difficult to focus on a career outside of a full-time MBA program and the debt that would come out of it would likely preclude you from taking chances that could further your entertainment goals.