7 answers
jennel
Student
21
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Asked
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What business degree would one recommend and what are some jobs relating to business
#business-management
7 answers
Irene Chen
Tax Intern
7
Answers
Frisco, Texas
Updated
Irene’s Answer
Hi Jennel,
There are many types of business degrees you can pursue in college. (In no particular order), here are some of the top degrees with very brief descriptions of some things you would learn or do, as well as possible job options.
-Accounting: analyze and manage financial documents; explain the impact of financial transactions on business operations; understand and apply the generally accepted accounting principles; interpret and apply the tax code
-related jobs: audit, tax, or advisory in public accounting (provide professional services to various companies, known as clients), accountant in industry practice (work in a specific company's accounting department), cost accounting, forensic auditing, governmental auditing, provide tax services through a private practice, internal auditing, Controller, CAO
-related certifications: CPA - Certified Public Accountant; CMA - Certified Management Accountant; CISA - Certified Information Systems Auditor; CFE - Certified Fraud Examiner
-finance: analyze data; manage funds and other financial assets; develop budgets; create long-term strategic plans; make investment decisions
-related jobs: financial analyst (gather and analyze data to help businesses make decisions and/or recommend investment opportunities), personal financial advisor, CFO
-more information about financial analysts: https://www.investopedia.com/articles/financialcareers/06/financialanalyst.asp
-related certifications: CFA - Chartered Financial Analyst
*there tends to be overlap between finance and accounting education-wise, so sometimes people will double major or will study one field in college and work in the other field
-marketing: research the industry environment and market trends; research, understand and influence consumer behavior; develop, promote, and price products; build brand awareness; advertise a business/product
-related jobs: market research analyst, marketing manager, media planner, CMO
*I'm not 100% sure but I think marketing and sales also overlap some, so you could look into a sales degree/sales jobs as well
-human resources: recruit, train, and retain employees; oversee employee benefit programs (insurance, retirement accounts, healthcare spending accounts); manage employment legal and ethical issues; facilitate payroll
-related jobs: recruiter, HR manager, HR specialist
-business administration: manage and lead a business, department, or team; develop foundational knowledge in a variety of business topics (accounting, sales, business strategy, business law, communications, etc.); serve in upper-level management (managers and executives may pursue an MBA, Master of Business Administration, after working for a number of years); open your own business (entrepreneurship)
-related jobs: manager roles, C-suite positions
*I consider business admin the most generalized of the business degrees so you could probably pursue many business jobs if you can prove to an employer that you're qualified for the job; on the other hand, you won't be as knowledgeable or specialized as someone who pursues a more specific degree (for ex. all else equal, an accounting firm may prefer to hire an accounting major over a business admin major because the accounting major has more accounting-specific knowledge)
-international business: develop skills to work globally; analyze and stay current with foreign markets, foreign trade, exchange rates; interact with different cultures; communicate across borders, learn different languages
*many international business majors will study abroad during their college years
-related jobs: similar to business admin, I think this is a more general major but with an emphasis on global/international business/operations. people who study international business would likely apply to large companies with offices all over the world or to companies that interact/conduct business with many different countries.
-healthcare management: cross-section between business and healthcare industries; manage a healthcare facility; address the various aspects of business (accounting, HR, law, finance, ethics) applied specifically to healthcare
-related jobs: health services manager, administrative coordinator, clinic director
-supply chain management (SCM): manage the logistics of goods/services (movement and flow from beginning to end); regulate inventory; streamline transportation and delivery; reduce supply chain costs
-related jobs: operations manager; logistics/supply chain analyst
*more information about SCM: https://www.rasmussen.edu/degrees/business/blog/things-i-wish-i-knew-before-starting-supply-chain-management-career/
-information systems management: overlap between technology and business; evaluate a company's technical needs and apply information systems to help operations run more smoothly and efficiently; develop and oversee programs and systems for a business; manage and enhance information security
-related jobs: data analyst, IT specialist, database administrator, systems analyst, web developer, user experience designer, computer network architect, software developer, information security analyst, CIO
*if you're interested in technology, IT is a fast-growing field and offers a lot of variety
I pulled a lot of this information from the following sites, in case you'd like to read in more detail:
https://www.rasmussen.edu/degrees/business/blog/types-of-business-degrees/
https://www.indeed.com/career-advice/finding-a-job/types-of-business-majors
https://mycollegeguide.org/blog/2017/05/types-of-business-degrees/
Hope this helps! Business is a huge umbrella so it can seem daunting at times, but the plethora of opportunities also makes it exciting. Good luck!
Warm regards,
Irene
There are many types of business degrees you can pursue in college. (In no particular order), here are some of the top degrees with very brief descriptions of some things you would learn or do, as well as possible job options.
-Accounting: analyze and manage financial documents; explain the impact of financial transactions on business operations; understand and apply the generally accepted accounting principles; interpret and apply the tax code
-related jobs: audit, tax, or advisory in public accounting (provide professional services to various companies, known as clients), accountant in industry practice (work in a specific company's accounting department), cost accounting, forensic auditing, governmental auditing, provide tax services through a private practice, internal auditing, Controller, CAO
-related certifications: CPA - Certified Public Accountant; CMA - Certified Management Accountant; CISA - Certified Information Systems Auditor; CFE - Certified Fraud Examiner
-finance: analyze data; manage funds and other financial assets; develop budgets; create long-term strategic plans; make investment decisions
-related jobs: financial analyst (gather and analyze data to help businesses make decisions and/or recommend investment opportunities), personal financial advisor, CFO
-more information about financial analysts: https://www.investopedia.com/articles/financialcareers/06/financialanalyst.asp
-related certifications: CFA - Chartered Financial Analyst
*there tends to be overlap between finance and accounting education-wise, so sometimes people will double major or will study one field in college and work in the other field
-marketing: research the industry environment and market trends; research, understand and influence consumer behavior; develop, promote, and price products; build brand awareness; advertise a business/product
-related jobs: market research analyst, marketing manager, media planner, CMO
*I'm not 100% sure but I think marketing and sales also overlap some, so you could look into a sales degree/sales jobs as well
-human resources: recruit, train, and retain employees; oversee employee benefit programs (insurance, retirement accounts, healthcare spending accounts); manage employment legal and ethical issues; facilitate payroll
-related jobs: recruiter, HR manager, HR specialist
-business administration: manage and lead a business, department, or team; develop foundational knowledge in a variety of business topics (accounting, sales, business strategy, business law, communications, etc.); serve in upper-level management (managers and executives may pursue an MBA, Master of Business Administration, after working for a number of years); open your own business (entrepreneurship)
-related jobs: manager roles, C-suite positions
*I consider business admin the most generalized of the business degrees so you could probably pursue many business jobs if you can prove to an employer that you're qualified for the job; on the other hand, you won't be as knowledgeable or specialized as someone who pursues a more specific degree (for ex. all else equal, an accounting firm may prefer to hire an accounting major over a business admin major because the accounting major has more accounting-specific knowledge)
-international business: develop skills to work globally; analyze and stay current with foreign markets, foreign trade, exchange rates; interact with different cultures; communicate across borders, learn different languages
*many international business majors will study abroad during their college years
-related jobs: similar to business admin, I think this is a more general major but with an emphasis on global/international business/operations. people who study international business would likely apply to large companies with offices all over the world or to companies that interact/conduct business with many different countries.
-healthcare management: cross-section between business and healthcare industries; manage a healthcare facility; address the various aspects of business (accounting, HR, law, finance, ethics) applied specifically to healthcare
-related jobs: health services manager, administrative coordinator, clinic director
-supply chain management (SCM): manage the logistics of goods/services (movement and flow from beginning to end); regulate inventory; streamline transportation and delivery; reduce supply chain costs
-related jobs: operations manager; logistics/supply chain analyst
*more information about SCM: https://www.rasmussen.edu/degrees/business/blog/things-i-wish-i-knew-before-starting-supply-chain-management-career/
-information systems management: overlap between technology and business; evaluate a company's technical needs and apply information systems to help operations run more smoothly and efficiently; develop and oversee programs and systems for a business; manage and enhance information security
-related jobs: data analyst, IT specialist, database administrator, systems analyst, web developer, user experience designer, computer network architect, software developer, information security analyst, CIO
*if you're interested in technology, IT is a fast-growing field and offers a lot of variety
I pulled a lot of this information from the following sites, in case you'd like to read in more detail:
https://www.rasmussen.edu/degrees/business/blog/types-of-business-degrees/
https://www.indeed.com/career-advice/finding-a-job/types-of-business-majors
https://mycollegeguide.org/blog/2017/05/types-of-business-degrees/
Hope this helps! Business is a huge umbrella so it can seem daunting at times, but the plethora of opportunities also makes it exciting. Good luck!
Warm regards,
Irene
Danny Parr
Management Consulting
4
Answers
Seattle, Washington
Updated
Danny’s Answer
Hi Jennel,
I studied Economics in college and found it to be a great way to learn more about things like the economy while also taking core business courses. Two business concentrations I would suggest focusing on would be data analytics or communication.
Why data analytics? Data is increasingly important for business decision-making and most employers want to see some expertise there.
Why communication? Good written and verbal communication is vital for successfully working with others, creating clarity, and getting things done.
Hope this helps!
Read more about business concentration options here: https://www.onlinedegrees.com/degree360/student-focus/best-business-degrees-2015/
I studied Economics in college and found it to be a great way to learn more about things like the economy while also taking core business courses. Two business concentrations I would suggest focusing on would be data analytics or communication.
Why data analytics? Data is increasingly important for business decision-making and most employers want to see some expertise there.
Why communication? Good written and verbal communication is vital for successfully working with others, creating clarity, and getting things done.
Hope this helps!
Danny recommends the following next steps:
Dara Macan
Business Development
4
Answers
Overland Park, Kansas
Updated
Dara’s Answer
Jennel,
As you think about the type of business degree I would also encourage you to look at including courses on entrepreneurship. Even if you plan to work for someone else intrapreneurial skills are in demand and critical for success in any industry and size of business. My degree in business management and ability to think entrepreneurially has allowed me the flexibility to pivot roles and industries as market needs continue to change.
As you think about the type of business degree I would also encourage you to look at including courses on entrepreneurship. Even if you plan to work for someone else intrapreneurial skills are in demand and critical for success in any industry and size of business. My degree in business management and ability to think entrepreneurially has allowed me the flexibility to pivot roles and industries as market needs continue to change.
Micayla Strickland, CPA
Risk Assurance Senior Associate at PwC
23
Answers
Seattle, Washington
Updated
Micayla’s Answer
Hi Jennel,
One great thing about a business degree is the variety! If you have the opportunity, I would recommend a double concentration/major - making sure to pulling in an IT/data analytic component. With all the advances in technology, we're seeing more and more data in our day-to-day. The ability to take that data and transform it into something meaningful is huge; it impacts almost every job out there. I did management information systems (MIS), as well as accounting, after a recommendation from a professor. It was a lot of work, but I'm glad I did it. In my current job as an accounting consultant, I find that I draw from both concentrations.
One great thing about a business degree is the variety! If you have the opportunity, I would recommend a double concentration/major - making sure to pulling in an IT/data analytic component. With all the advances in technology, we're seeing more and more data in our day-to-day. The ability to take that data and transform it into something meaningful is huge; it impacts almost every job out there. I did management information systems (MIS), as well as accounting, after a recommendation from a professor. It was a lot of work, but I'm glad I did it. In my current job as an accounting consultant, I find that I draw from both concentrations.
Melissa Marlow
Client Solutions Executive
1
Answer
Sugar Land, Texas
Updated
Melissa’s Answer
There are so many business degrees available and could be used in almost any industry. I would first recommend to find something you enjoy doing. That would be my first suggestion. Then, I would recommend taking sometime to research a few that interest you. I would also recommend find a mentor who has that degree and is working in the business industry. I have found some of my most valuable lessons were taught by my mentors. I suggest starting by growing your Linked In network and signing up in any mentoring programs you can find.
Simeon Snow
Risk Assurance
1790
Answers
Houston, Texas
Updated
Simeon’s Answer
I'd recommend jobs in finance, marketing, accounting, and in computer science as far as business related degrees. For these majors, some sample careers are portfolio manager, advertising agent, auditor, and data analyst.
Rebecca Tang
Banking
1816
Answers
Hong Kong
Updated
Rebecca’s Answer
There are many job types relating to business , e.g. Finance, Accounting, Business Administration, Commerce, etc. These jobs exist in different industries.
Firstly, you can explore more what job types you are interested on and take it as your major of your tertiary education. At the same time, you can also explore more on the industry that you would like to work on, e.g. Banking, Financial Institutions, Accounting Firms, etc. You can take it as your minor subject in the college.
Hope this helps! Good Luck!
Firstly, you can explore more what job types you are interested on and take it as your major of your tertiary education. At the same time, you can also explore more on the industry that you would like to work on, e.g. Banking, Financial Institutions, Accounting Firms, etc. You can take it as your minor subject in the college.
Hope this helps! Good Luck!
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