School for Thought: Why Study Business Administration?

The world of business is constantly on the move, evolving with new technologies and revolutionizing as more free-thinking entrepreneurs step onto the playing field. The industry is also becoming more appealing, as young, aspiring individuals are coming forth with new and exciting business ideas.

You may be here now as you are driven towards a career in business. You may have an entrepreneurial state of mind, a passion for leadership and management, or simply desire to advance in your current career. But despite all those factors, you may still find yourself asking, “What’s the point?” Why study business administration or management? Is a business degree really needed to succeed?

In short, the answer yes. Business is no longer “just” business. It is a competitive arena, filled with progressive and determined thinkers like yourself. To stand out and get noticed by today’s business leaders, you must have the desired credentials, skills, and education under your belt.

We know this because we asked. Goodwin College is a well-respected leader in business administration and entrepreneurial education. Our programs are taught by industry professionals and founded on the very skills that business employers are looking for today – critical-thinking, problem-solving, teamwork, finance, and management. If you are looking to get ahead in the business arena, a business administration or related degree will be your first step.

When it comes to college and your future, asking questions will be key in truly understanding which degree path is right for you. If you’re still wondering why study business administration, we’ve included the top five reasons to obtain a business-centric education below.

  1. Value

For students looking for added value upon graduation, a business administration major is the way to go. According to the National Association of Colleges and Employers (NACE), graduates holding a bachelor’s degree in business administration are of the most in-demand professionals in the U.S. As revealed by the NACE’s most recent report, about 51 percent of employers intend to hire professionals with this degree in 2017. Employers are also expressing great interest in graduates who have a background in finance and accounting.

Business degrees also rank top of the list for return-on-investment – typically meaning higher income upon graduation. Positions as accountants and financial advisors, international business professionals, corporate managers, and educational leaders have particularly high entry-level salaries.

  1. All-around skills development

A business administration major is one of the most versatile paths you can take as a college student. This is largely because of the solid fundamentals and groundwork established in its curriculum, as well as the all-around perspective offered to students pursuing a business major. In this major, students get a taste of various aspects of business operations – finance and accounting, marketing and advertising, management and strategic planning.

The knowledge and skills acquired through a business administration program make students very marketable upon entering the workforce. In addition to a varied and versatile curriculum, students also develop skills in effective communication, problem-solving, critical-thinking, leadership, team management, and resourcefulness – skills that are universal and applicable to any career path you may choose.

  1. Vast job opportunities

The variety of skills learned in a business administration school also carry over to an array of potential career opportunities upon graduation. Students with a BS in Business Administration are fit for careers in accounting, human resources, customer service, sales, management, and even entrepreneurship. The applicability and flexibility of this major make it a very beneficial one to have in today’s competitive job market. Even if you are already a seasoned business employee, a Business Administration degree can help further your experience in the field. Many Goodwin students, for example, choose to pursue a Bachelor’s degree in Business Administration in efforts to advance in their current positions.

  1. Connections

Professional relationships are the cornerstone of business success. When you are just starting out in the business arena, however, these relationships can be tricky to establish. You must network, network, network, and build connections from the ground up.

One of the top reasons why one should study business administration is the fact that it is a gateway for professional connections: there are constant opportunities to build relationships within the program – with your peers, your professors, guest speakers, as well as workforce leaders. At Goodwin, collaboration and professional insight are at the heart of our program. We maintain relationships with businesses throughout Connecticut, and put our students at a great advantage for networking.

  1. Flexibility

The business administration program at Goodwin College in Connecticut is all about convenience and putting students in charge of their curriculum.  Unlike many other business administration colleges, we offer business classes on days, evenings, and weekends – as well as on-campus and online. Students also have the opportunity to join our accelerated business degree program, which can be completed in just over seven weeks.

Business admin students at Goodwin also have the opportunity to choose the path that makes most sense for them. Here, you can earn a Bachelor’s Degree, an Associate Degree, or a Certificate in Business Administration.

Why study business administration? Because the truth is, your chances at career success will increase considerably with a business-focused education. Why? At Goodwin College, we believe it’s because business administration gives students a leg-up, preparing them for today’s business arena. Here, students learn how to be successful in start-ups, small businesses, and non-profits – the organizations that are changing the face of business and the faces that are bridging innovation with professionalism in an ever-changing industry.

To learn more about earning a Bachelor’s Degree, Associate Degree, or Certificate in Business Administration at Goodwin, please visit us online or call 800-889-3282 today.  You can also see our video for three secrets you learn about yourself in business school.