Why business school has higher tuition than other faculties?
As undergraduate, I think business students usually pay more. Is it useful for our study or career path? #business
2 answers
Steven’s Answer
As far as Universities, I haven't noticed that Business School costs more than other Majors. Admission into the Business School may be harder, but the costs, and the credits to graduate should be similar to other majors.
Saying that, graduating with a Business degree is a highly sought after in many types of jobs, even non-business related. Depending on your major inside the Business school, you will take classes in Finance, Accounting and Marketing. These skills will help in Sales, Management, and entrepreneurial fields.
It is so important, that many non-business majors go to graduate school for an MBA as these courses are integral to their career advancement.
Mitchell’s Answer
Hi, Ena! Business degrees are currently in high demand, a factor that could raise tuition across many schools. But I'm not aware that tuition for a business degree is generally higher than any other at a given school. Admittedly, some outstanding (and high-profile) business schools are extremely expensive. But there are many excellent business schools as well as universities with excellent business departments whose tuition is the same per credit hour as any other field of study. If you are seeing a disparity in costs, I would recommend looking at other similar schools offering the same degrees.
An undergraduate degree in business is almost "table stakes" these days, meaning that almost everyone entering the field will have one. An MBA can be a differentiator, although masters degrees are much more common than they once were. Focus on courses that will help you become well rounded - Finance, Accounting, Management, Marketing, etc., and continue that focus - that specialization - into a masters program if you choose to go that route. Whether you work for a large company, a small company, or your own start-up company, these courses will help you be successful.
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