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What career paths are out there for business? How do I find and know which path is best for me??

I am interested in business as a career. Maybe even owing my own business but I’m not sure.

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Subject: Career question for you

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Rebecca’s Answer

Thank you for your question. I am glad to hear that you have interest in Business. There are a wide range of careers that you can apply the knowledge in Business, e.g. Banking, Trading, Human Resources, Administration, Accounting, Finance, etc. You may need to find out what you have interest.
Below are my suggestions :
1. Find out more in these careers and determine what you have interest
2. Speak to someone who are working in these careers.
3. Seek guidance from your mentor, parents, school counsellor, etc.
4. Shortlist 1-2 careers you would like to pursue
5. Choose the major specializing on the areas relevant to the careers you have chosen
Hope this helps! Good Luck!
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david’s Answer

My suggestion is to let this go. There are many thousands of various careers within the umbrella of business and attempting to find the right one will likely never succeed, not now, not at the end of your career. Instead, look for one where you feel satisfied with yourself and with your contribution. That will sustain you on the job and off. In life, you want to feel you are successful in who you are. All the best to you.
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T.J.’s Answer

Hello Nel!

There's many areas of business.
- Accounting: where you measure and process financial information
- Actuary science: where you can manage insurance and other plans/programs.
- Entrepreneurship: own your own business(es)
- Computer Information Systems: can support data and digital systems for business purposes.
- Marketing: plan ways to promote products and services
- Supply Chain Management: help with transport of goods, services, and materials during the production - shipping process.
- Finance: manage and find the best way to use funds for people or groups/businesses.
- Economics: research or analyses resources and markets in the economy.

Usually, a university will ask all business students to take foundational classes across many subjects. Marketing, economics, or accounting are common types of classes.

You can enter undeclared and take the foundation business courses to see if it works for you.

Another way to figure out if you'll enjoy a field is to gain work experience or complete a small project based on your classes.

If you want to explore Entrepreneurship, you can start a business. Start small and plan your idea in depth.
If you want to explore Accounting, create a personal project using Excel and a coding language SQL.

There's so many things you can do for other areas as well. Try to get creative when exploring new subjects. Do new things and push past your fear/ uncertainty. Eventually, you'll find a job that you want to do.

Sending you good luck with exploring business :)
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Katherine’s Answer

You can take a look at this short course/workbook and see if beginning to look at it makes you feel more or less enthusastic about starting your own business. Everyone has a feel whether it's for them or not, the more they start to get into it :)

https://www.churchofjesuschrist.org/bc/content/ldsorg/topics/self-reliance/2017/14678_sgmb_book_eng.pdf?lang=eng
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Daniel’s Answer

Hi Nel!

I really think business is a great field to go into since it keeps your options wide open. That way you are not committing to one specific field and find out later that you hate it. Some fields in business include:

1. Operations
2. Finance
3. Sales
4. Marketing
5. Human Resources

I decided to go into Business Operations since operations touches almost every facet of the organization. I enjoy the different challenges and operations also gives me the flexibility to try new things. Another great aspect about operations is they usually support the other divisions of an organization. Since, there are many divisions of an company if you do not enjoy one area its not a big deal since you can support other areas of the business.

Many larger companies will start you in a rotational analyst program. By doing this you will get to see usually 2-4 different sections of the business. Companies offer this to not only help you hone in on your career path but many companies have realized that if there employees actually enjoy their job they will get better overall performance.

Hope the above helps and gives you some ideas!
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Molly’s Answer

Nel,

This is a great question! Simply answered, I would recommend to step your foot into multiple areas. If you find that what you are currently in or studying does not satisfy and appeal to what you want to do in the future, then you can easily shift away from that one area and focus in another. In college, I knew that I wanted to focus my studies in general business. However, that is all I knew. After focusing my studies in multiple areas of business, I found my way into Human Resources where I currently am working in today. I received my MBA focusing specifically in Organizational Behavior and Human Resources, and currently have a position as an Human Resources Administrator for a Sam's Club distribution and fulfillment center. You will never know what you like until you dip your foot in the water and tread through several areas!

In conclusion, the main thing I would recommend is to simply step your foot into multiple areas within business. That can be Supply Chain, Human Resources, Business Management, Accounting and/ or Finance, etc. There are so many areas of business, but if you are not sure where to start; plan out areas that interest you and go from there. If you like math, I'd recommend to start in the accounting/ finance area and go from there. If you find that that area does not interest you as much as you thought it would, then transition from there into a new area. It doesn't hurt to change paths. It only matters what satisfies you in the end!

I hope this helped!

Molly H.
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