Enterpreneur


Business Majors

Business Majors


Posted By on Jun 8, 2016

If you are planning to enroll for a business degree, it is possible to find yourself with several choices. People say that it is always good to have many choices rather than few, but making the right decision becomes harder.

  • Should you consider a degree in accounting or a general degree in business?
  • Is a conventional business career such as personal property management better or is it safer to stick to a more tested and tried industry such as human resources?

Students are always faced with tons of questions, and answering the questions is not easy. Here is a guide to help decide where to major in business.

Business Degree Types

First of all, it is paramount to understand that different universities offer students several types of degrees. There are 2 types of degrees at the undergraduate level:

  • Bachelor’s degree in business: if you want to be responsible and strategic in business roles, it is crucial to complete a degree in business. The program will most probably take 4 years. The first 2 years are mainly focused on the general education courses, while the last two focus only on intensive business related activities.
  • Associate degree in business: this is a 2-year program that is mainly designed to offer graduates with the basic-level understanding of the different business functions. In this level, the students are imparted with the rudimentary skills. After the associate degree program, the students can work as customer care executives, administrative assistants, bookkeepers or sales representatives.

When the students get to the graduate level, the traditional business degree many of them choose is known as the Master of Business Administration. MBA programs come in different forms. The accelerated MBA is finished in a less than the standard completion period, while the executive MBA is made for individuals in the senior and middle-level management roles. Executive MBA classes are held during the weekends.

Popular Business Majors

After you have chosen the degree to enroll in, the next thing is to decide the particular area you want to major in. Your strengths, personal interests, and career objectives should be the precedence over all the other considerations when choosing your business major. A degree in the different available majors will offer the student limitless opportunities in the employment industry. Here are some of the common business majors:

Accounting

Majoring in accounting will prepare the student for accounting roles such as business accountant, government accountant, internal auditor or management accountant. The students learn that accounting is more than the regular bookkeeping. They learn how to report all financial activities in a business and discovering how to make sense in numbers. At the end of the degree program, the students are able to understand the language of money. A professional accounting course may need to follow your degree to earn accreditation.

Business Administration

Business administrators, managers, and even owners are individuals who keep the business on track. Regardless of the type or size of the firm, the same skills and principles apply. Taking a degree in business administration will help an individual tackle role such as:

  • Analyzing the strengths and weaknesses of a business
  • Deciding the best ways to make good profits
  • Assist the company to get through difficult times.

Human resources

Individuals who major in this area are able to join the human resource department in any organization. They will be responsible for roles such as training, staffing, talent retention, organization policies, benefits and compensation among other responsibilities.

Entrepreneurship

In the past, the entrepreneur department was untouched and unexplored, especially for the individuals in the middle class. Things have completely changed in the recent past, and this is not the case anymore. The area is now doing well thanks to the success of many young entrepreneurs and the willingness of many investors to pump a lot of money into the promising ventures. Many people are now ready to start their companies. A major in entrepreneurship will help a student shape their entrepreneur skills.

Finance

A major in finance is considered to be one of the most distinguished and most rewarding options in the business degree. From insurance to banking and from the stock market to the corporate finance, the finance major can open up the best and most exciting career opportunities. Graduates know financial theory and have the ability to interpret financial data. These skills are used to help companies, individuals and non-profit organizations plan for the future.

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Entrepreneurship is activity directed to starting, organization and innovation of company management, with the main goal of spreading the market and making a profit.

It is tightly connected with almost all aspects of human behavior and acting, and it also develops creativity, aspiration in making new ideas and increases the level of people’s needs.

It combines knowledge, skills and capabilities, creative work followed by business spirit, courage, responsibility, dedication, and perseverance.

Entrepreneurial knowledge and skills play important role in managing the business; it can be applied in all aspects of life because developing your potential through education in the entrepreneurial area is the key element of employment and economic growth in the future. As an entrepreneur, you can choose your business, which way and when you will work.


If you are one of those with “brilliant business idea” and you are tired of changing the job-seeking the right place for you, or you find your idea more perspective than being just an employee in somebodies company, you are made for entrepreneurship. If you stated that being the owner is your future goal, decisively get into the realization of your ideas or at least, for the beginning, think well about your position and possibilities that your idea opens if you release it on the market. You need to make some business plan in your head, with all those realistic parameters that could occur if you want to be sure what awaits you when you get into position to start up your own business.

There are three main things you should pay attention when starting up your business.

– Knowledge


Knowledge of the market, customers, needs, technology… To be successful in anything at all you need is to have some knowledge, especially when it comes to a realization of your ideas.

So, after you realize that you have to prepare for everything that could happen, you will have to know technologies used in the area of your interest, distribution channels, suppliers, customers and their needs, costs of all this listed, dominate players on the market and their weaknesses. A good place to start is with a training program, such as an online entrepreneur diploma course.

Many people make a mistake with the attitude that they know everything about their business, but the practice has shown us that only those ready to learn and develop survive on the market no matter what happens on it.

– Yourself
It sounds weird, but you play the most important role in climbing path of your business. Experience and persistence will help you to be motivated and inspired to realize your idea. Most of the world’s best entrepreneurs are ex-managers and leaders of large corporations, who decided to try to build their own business with all that experience gained with working on such position. So, you are the center of your success with your idea as the leading star to your personal success and knowledge as the tool on that path. If you are well organized and prepared, you can realize everything that you want.
– The idea

Everything starts out from an idea. It represents the foundation of your success, and the first ladder to reach to be successful. If you tend to be an entrepreneur you must have an idea, or more than one, because that is the moving power for every business. It doesn’t need to be completed, it can be modified and adapted as the market dictates, but it must exist at least in the form of your dream that you tend to reach.

Study Business in Australia

What better place to earn a business degree than from an excellent university in Australia? Enjoy sunshine and a great lifestyle while receiving a world-class education.

Study in Australia.

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