If you’ve ever dreamed of having a successful career in business, the idea of going to college has probably crossed your mind. While many aspiring leaders and entrepreneurs think about attending business school, it can feel like a broad and non-career-centric path. This raises the simple question, “Is a business degree worth it?”
The short answer to this question is: Yes. In fact, business falls among the top 10 highest-paying college majors of 2019, according to PayScale. Whether you want to climb the corporate ladder at your current job, or you are looking for a fresh start in the business world, going back to school for a business degree can have a significant impact on your future success.
Still asking yourself, “Is business school worth it?” Read on as we explain why business school is, in fact, a worthwhile investment.
The Value of Business School
The business world is constantly evolving. As technology advances and continues to shape the way we conduct business, the competition grows more intense. Most employers today are looking for candidates with a bachelor’s degree. As a result, more candidates have this level postsecondary education under their belt. So, in order to compete in today’s market, you’ll want to have a degree that shows employers you are prepared for your business career.
Speaking of being prepared, let’s dive into the typical business curriculum, and understand what you’ll learn while in school. A business degree will ensure you have the skills that employers today are looking for—effective communication, problem-solving, strategic thinking, and more. It will equip you with knowledge in budgeting, planning, marketing, finance, ethics, and economics, preparing you for a variety of business careers. (Tip: Business jobs that require analytical and quantitative skills, such as finance and data analytics, tend to be the highest paying roles, since those skills are the most in-demand.)
With a Business Administrative program, such as the one at Goodwin University, you will complete courses in subjects such as:
- Budgeting and Planning
- Small Business and Entrepreneurship
- Principles of Finance
- Business Theory and Research
- Business Law and Ethics
- Management and/or Non-profit Management
At Goodwin, these classes are taught by industry leaders, and will help you acquire the skills that will help you stand out. Some of the skills that you will gain in business school include:
- Attention to Detail
- Strategic Planning
- Time Management
These skills will help you advance in a wide range of careers within the business field, no matter your area of choice. Whether you want to run your own business, manage a nonprofit, or serve in an official role within the government, you will be able to apply these skills on a daily basis.
Businesses today are seeking qualified businessmen and businesswomen who know how to analyze situations, solve problems, manage teams, develop relationships with customers, and strategize to meet organizational goals. A business degree can help you showcase your worth, your knowledge, and your level of commitment to this field.
Is the Investment Worth It?
Many people hesitate about going back to school, often because they worry about the financial and time commitment. However, there are flexible and affordable business programs out there that can really make your degree worthwhile. That is why finding the right business school is so important.
You will want to find a school that offers flexibility and convenience. This will allow you to earn your degree while still maintaining a career and any other obligations. At Goodwin, we understand that life is busy. You may have a part-time or full-time job. You may even have a family to care for. This is why we offer flexible programs that you can cater to your individual lifestyle. Classes in the business administration program are offered days, nights, and weekends. You may choose to take classes on-campus, online, or in a hybrid format of these two options. We make our courses available when you can get the work done – even if that means 2 a.m. study sessions. We also have a variety of financial assistance programs available, and offer one of the lowest tuition costs among private, non-profit colleges in the state.
So, is a business degree worth it? Absolutely. If you are ready to jumpstart or advance your career in business, get started today. Learn more about the programs offered at Goodwin University by calling 1-800-889-3282 or visiting us online to learn more.
Goodwin University is a nonprofit institution of higher education and is accredited by the New England Commission of Higher Education (NECHE), formerly known as the New England Association of Schools and Colleges (NEASC). Goodwin University was founded in 1999, with the goal of serving a diverse student population with career-focused degree programs that lead to strong employment outcomes.