4 answers
Heidi
Student
1
Question
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What would be the best college for a business major?
I’m not sure if I want to go to college abroad or in the US, but both seem fairly interesting. I’m not 100% sure on what I’d want my future business to be, yet I have a few ideas in mind.
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4 answers
Doc Frick
Career Coach and Mentor
1619
Answers
California, CA
Updated
Doc’s Answer
LAW SCHOOL
AFTER YOUR BUSINESS MAJOR
Heidi starting a business involves much more than conceptualizing a great product or service. Are you going to set up as a sole trader or a limited company? Do you have a partner? Is it in your best commercial interests to have one? Would it be better to establish the business
as a limited liability partnership? As an entrepreneur, you will benefit immensely from understanding the legal consequences of your decisions in the start-up phase. However, legal knowledge is not only essential when you first set up your company but at any stage in your company’s lifecycle, whether you are considering transforming your business into a publicly-held company or planning to expand your business across international borders.
One of the most important things to remember when starting a business is that you need to have a clear understanding of what your business structure will be. This will help you to set up the right sort of company, make sure it is legal, and give it an identity that matches what you want to achieve. It's also useful because it will help with setting up a budget, which can be vital when trying to run your own venture successfully. Business law helps protect both yourself and others in various ways: making sure everything is above board legally; making sure that any taxes are paid correctly; protecting investors from risks they may not know about (for example if something happens with a product); protecting consumers from harm or unfair treatment by businesses; preventing unfair competition between companies as well as helping them work together more effectively through organizations like chambers of commerce.
Heidi a solid understanding of business law will help you avoid legal trouble and establish the right structure for your company. It will also help you avoid mistakes that could cost money and time, as well as prevent a lot of stress in the long run.
AFTER YOUR BUSINESS MAJOR
Heidi starting a business involves much more than conceptualizing a great product or service. Are you going to set up as a sole trader or a limited company? Do you have a partner? Is it in your best commercial interests to have one? Would it be better to establish the business
as a limited liability partnership? As an entrepreneur, you will benefit immensely from understanding the legal consequences of your decisions in the start-up phase. However, legal knowledge is not only essential when you first set up your company but at any stage in your company’s lifecycle, whether you are considering transforming your business into a publicly-held company or planning to expand your business across international borders.
One of the most important things to remember when starting a business is that you need to have a clear understanding of what your business structure will be. This will help you to set up the right sort of company, make sure it is legal, and give it an identity that matches what you want to achieve. It's also useful because it will help with setting up a budget, which can be vital when trying to run your own venture successfully. Business law helps protect both yourself and others in various ways: making sure everything is above board legally; making sure that any taxes are paid correctly; protecting investors from risks they may not know about (for example if something happens with a product); protecting consumers from harm or unfair treatment by businesses; preventing unfair competition between companies as well as helping them work together more effectively through organizations like chambers of commerce.
Heidi a solid understanding of business law will help you avoid legal trouble and establish the right structure for your company. It will also help you avoid mistakes that could cost money and time, as well as prevent a lot of stress in the long run.
Thank You Finn. Every person can make a difference, and every person should try.
Doc Frick
Junied Jamil
I am a writer.
21
Answers
Faisalabad, Punjab, Pakistan
Updated
Junied’s Answer
Determining the "best" college for a business major depends on various factors, including your personal preferences, career goals, location preferences, and academic strengths. However, several universities are renowned for their strong business programs:
Harvard University: Harvard Business School offers world-class business education with renowned faculty and extensive resources for students interested in various aspects of business.
Stanford University: Stanford Graduate School of Business is highly regarded for its innovative approach to business education and its location in Silicon Valley, offering unique opportunities for entrepreneurship and tech-focused business ventures.
University of Pennsylvania (Wharton): Wharton School is one of the oldest and most prestigious business schools in the world, known for its rigorous curriculum, diverse student body, and extensive alumni network.
Massachusetts Institute of Technology (MIT): MIT Sloan School of Management is recognized for its cutting-edge research and emphasis on technology and innovation in business.
University of Chicago (Booth): Booth School of Business is renowned for its analytical approach to business education and strength in finance and economics.
Northwestern University (Kellogg): Kellogg School of Management is known for its collaborative and experiential learning environment, with a focus on leadership and marketing.
University of California, Berkeley (Haas): Haas School of Business offers a strong foundation in business education with a focus on innovation and entrepreneurship, located in the heart of the San Francisco Bay Area.
Columbia University: Columbia Business School is recognized for its diverse student body, global perspective, and strong emphasis on finance and entrepreneurship.
University of Michigan (Ross): Ross School of Business offers a comprehensive business education with a focus on action-based learning and hands-on experiences.
London Business School: For those considering international options, London Business School is highly regarded for its global perspective, diverse student body, and strong connections to the business community in Europe and beyond.
These are just a few examples, and there are many other excellent business schools around the world. It's essential to research each school's curriculum, faculty, resources, and alumni network to determine which one aligns best with your academic and career goals. Additionally, consider factors such as campus culture, internship and job placement opportunities, and affordability when making your decision.
Harvard University: Harvard Business School offers world-class business education with renowned faculty and extensive resources for students interested in various aspects of business.
Stanford University: Stanford Graduate School of Business is highly regarded for its innovative approach to business education and its location in Silicon Valley, offering unique opportunities for entrepreneurship and tech-focused business ventures.
University of Pennsylvania (Wharton): Wharton School is one of the oldest and most prestigious business schools in the world, known for its rigorous curriculum, diverse student body, and extensive alumni network.
Massachusetts Institute of Technology (MIT): MIT Sloan School of Management is recognized for its cutting-edge research and emphasis on technology and innovation in business.
University of Chicago (Booth): Booth School of Business is renowned for its analytical approach to business education and strength in finance and economics.
Northwestern University (Kellogg): Kellogg School of Management is known for its collaborative and experiential learning environment, with a focus on leadership and marketing.
University of California, Berkeley (Haas): Haas School of Business offers a strong foundation in business education with a focus on innovation and entrepreneurship, located in the heart of the San Francisco Bay Area.
Columbia University: Columbia Business School is recognized for its diverse student body, global perspective, and strong emphasis on finance and entrepreneurship.
University of Michigan (Ross): Ross School of Business offers a comprehensive business education with a focus on action-based learning and hands-on experiences.
London Business School: For those considering international options, London Business School is highly regarded for its global perspective, diverse student body, and strong connections to the business community in Europe and beyond.
These are just a few examples, and there are many other excellent business schools around the world. It's essential to research each school's curriculum, faculty, resources, and alumni network to determine which one aligns best with your academic and career goals. Additionally, consider factors such as campus culture, internship and job placement opportunities, and affordability when making your decision.
Rich Hornstein
Run several small businesses
6
Answers
Huntington Beach, California
Updated
Rich’s Answer
Heidi:
I would only consider abroad if you hope to work overseas at least in part. Besides you can spend junior year abroad as I did and even worked as an intern for 6 weeks. Mainly consider schools that also provide enough liberal arts to balance your skills as you will be working with plenty of non business school peers and can develop other skills and breadth from that.
Look for a good business school that involves contemporary practicality and try to work part time in the same field. Good luck!
I would only consider abroad if you hope to work overseas at least in part. Besides you can spend junior year abroad as I did and even worked as an intern for 6 weeks. Mainly consider schools that also provide enough liberal arts to balance your skills as you will be working with plenty of non business school peers and can develop other skills and breadth from that.
Look for a good business school that involves contemporary practicality and try to work part time in the same field. Good luck!
Chris Resetar
Contract Management
24
Answers
Ellicott City, Maryland
Updated
Chris’s Answer
Hi Heidi,
In terms of looking for business colleges it is best to start by coming up with a list of the things that you are looking for in a school. Some examples of questions I would consider are as follows:
Do you have a specific major you are looking at within business school?
What are the admissions requirements for that business school (some business schools have admissions requirements beyond those of the University itself?
Do you have a specific company you are trying to work for? (some companies have preferred schools)
In addition to the business school-specific factors there are also factors like physical location, comfort level with the campus, and monetary considerations. In my own case, I actually went back to business school after I was working so I choose a school for three primary reasons, 1) It had the specific business major that I was looking for (contracting and procurement), 2) It allowed me to use my existing experience instead of the GRE, and 3) They offered hybrid learning which allowed for a mix of in-person and online engagement which I could balance with my job and family considerations.
Overall, I am sure that if you relax and take your time you will find the perfect school for you!
In terms of looking for business colleges it is best to start by coming up with a list of the things that you are looking for in a school. Some examples of questions I would consider are as follows:
Do you have a specific major you are looking at within business school?
What are the admissions requirements for that business school (some business schools have admissions requirements beyond those of the University itself?
Do you have a specific company you are trying to work for? (some companies have preferred schools)
In addition to the business school-specific factors there are also factors like physical location, comfort level with the campus, and monetary considerations. In my own case, I actually went back to business school after I was working so I choose a school for three primary reasons, 1) It had the specific business major that I was looking for (contracting and procurement), 2) It allowed me to use my existing experience instead of the GRE, and 3) They offered hybrid learning which allowed for a mix of in-person and online engagement which I could balance with my job and family considerations.
Overall, I am sure that if you relax and take your time you will find the perfect school for you!