Dependent on your career goals, you may or may not need a business administration degree.
If you are considering a degree in business administration, it is important to explore the pros and cons of getting such a degree. You have many options ranging from an associate degree program to a bachelor's degree.
Like any other degree, the value of a business degree depends on your career goals and how well you perform as a student.
One of the major pros of earning a degree in business management is you may qualify for more jobs than you would if you completed high school and did not take any additional courses.
As a business administration major, you are likely to take courses in management, accounting, human resources and business law. Completing these courses may give you a solid body of knowledge to use in an entry-level business job.
Some employers may hire candidates with an associate degree, but others prefer those who have completed four years or more at a university.
Another pro of attending business school is you can explore different career options before you commit to a particular career. If you major in business administration, your school may offer the opportunity to minor in subjects such as accounting or information technology. Completing a major and a minor can help you narrow down your career options so you have a better idea of what you want to do when you graduate.
You may also have the opportunity to complete an internship during your degree program, giving you the chance to gain valuable work experience that you can put on your resume when the time comes to look for a full-time job.
One of the major disadvantages of completing a business administration degree is it can be expensive. If you complete an associate degree, you should pay less for tuition and fees than you would by spending an additional two to three years in a university for a bachelor's degree.
How much your degree costs depends on several factors. If you move into a dorm room, it generally costs more to complete a degree than it would if you lived with your parents or shared rent with others.
Another factor affecting the total cost of your education is whether you qualify for scholarships or grants that do not have to be repaid. If you do, you may be able to complete a two-year or four-year degree at a significantly reduced cost. Although you are not guaranteed to qualify for any type of financial aid, whether it be a grant, scholarship or student loan.
Another disadvantage of completing a business degree is that the course material may not be specific enough to prepare you for your desired career. If you want to work as an accountant, future employers may prefer that you major in accounting instead. This is because business programs provide a basic overview of the accounting function, and they typically do not include courses in advanced accounting principles.
If you have a career in mind before you enroll in school, talk with recruiters from several employers in your area and ask them if you can do an information interview — that is where you interview them. Ask about the educational requirements for the type of position you want when you graduate from college. This may help you select an appropriate major.
If you want to build a rewarding career as a business administrator, it is important to take classes that meet your needs. Before you enroll, ask questions about the school's business administration program to find out what courses are available and major and minor options.
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