{"id":11549,"date":"2023-08-23T15:53:02","date_gmt":"2023-08-23T19:53:02","guid":{"rendered":"https:\/\/www.goodwin.edu\/enews\/?p=11549"},"modified":"2024-12-13T16:44:14","modified_gmt":"2024-12-13T21:44:14","slug":"top-business-school-requirements","status":"publish","type":"post","link":"https:\/\/www.goodwin.edu\/enews\/top-business-school-requirements\/","title":{"rendered":"The Top Requirements [And Rewards] of Business School"},"content":{"rendered":"<p>Business school requirements vary per institution and program. However, undergraduate business degrees at the <a href=\"https:\/\/www.goodwin.edu\/majors\/business-administration\/as-degree\">associate<\/a> and <a href=\"https:\/\/www.goodwin.edu\/majors\/business-administration\/bs-degree\">bachelor\u2019s<\/a> levels typically require a minimum of a high school diploma or <a href=\"https:\/\/www.goodwin.edu\/glossary\/ged-completion\">GED<\/a> equivalent to apply.<\/p>\n<p>Students who can demonstrate a high grade-point average on their high school transcripts or complete advanced placement, college prep, and honors courses are commonly preferred.<\/p>\n<p>Prospective learners generally apply to their school of choice through the institution\u2019s undergraduate or graduate <a href=\"https:\/\/www.goodwin.edu\/admissions\/\">admissions<\/a> process. In addition, future business professionals also submit an application to their specific business program of study.<\/p>\n<h2>Business Administration: A Popular Academic Program<\/h2>\n<p>The <a href=\"https:\/\/nces.ed.gov\/fastfacts\/display.asp?id=37\">National Center for Education Statistics<\/a> identified that from 2020 to 2021, postsecondary institutions awarded one million associate degrees. Of the one million associate degrees conferred\u2014<em>11%, equal to 116,100 distinctions<\/em> \u2014 were <a href=\"https:\/\/www.goodwin.edu\/files\/docs\/one-sheets\/business-as-onesheet.pdf\">associate degrees in business.<\/a><\/p>\n<p>The National Center for Education Statistics also recognized two million bachelor\u2019s degrees earned in the same year. From 2020 to 2021, <a href=\"https:\/\/www.goodwin.edu\/files\/docs\/one-sheets\/business-bs-onesheet.pdf\">bachelor\u2019s degree<\/a> business majors comprised 19 %<em> (391,400 credentials)<\/em> of all degrees presented.<\/p>\n<p style=\"text-align: center;\"><em><strong>Did you know?!<\/strong><\/em><\/p>\n<p style=\"text-align: center;\">Workforce-ready institutions, like Goodwin University, make your professional goals possible. Whether you\u2019re in the classroom or comfortable on your couch, Goodwin\u2019s <a href=\"https:\/\/www.goodwin.edu\/majors\/business-administration\/flexibility\">convenient business courses<\/a> enable students to complete their degrees and cross the graduation stage prepared for their careers.<\/p>\n<h2 style=\"text-align: left;\">A Comprehensive Curriculum<\/h2>\n<p>Business programs characteristically have an innovative approach to education, emphasizing a real-world curriculum and career-focused learning like communication skills and practical project management.<\/p>\n<p>Whether you\u2019re an entrepreneur just entering the field or an experienced, seasoned executive, postsecondary business programs advance skills at any stage\u2014from <a href=\"https:\/\/www.goodwin.edu\/majors\/business-administration\/certificate\">certificates<\/a> to <a href=\"https:\/\/www.goodwin.edu\/majors\/msol\/\">master\u2019s degrees.<\/a><\/p>\n<h2>Compensation, Career Options, and Outlook<\/h2>\n<p>The <a href=\"https:\/\/www.bls.gov\/ooh\/business-and-financial\/home.htm\">U.S. Bureau of Labor Statistics<\/a> specified that business and financial occupations made a median annual wage of <strong>$76,570<\/strong> in 2021.<\/p>\n<p>Business is also an inclusive higher education major with enticing <a href=\"https:\/\/www.goodwin.edu\/majors\/business-administration\/career-options\">career options<\/a>. Business administration graduates can enter the following industries:<\/p>\n<ul>\n<li>Corporate<\/li>\n<li>Education<\/li>\n<li>Energy<\/li>\n<li>Entertainment<\/li>\n<li>Hospitality<\/li>\n<li>Manufacturing<\/li>\n<li>Marketing<\/li>\n<li>Not-for-profit<\/li>\n<li>Small business<\/li>\n<li>State and federal government<\/li>\n<li>Technology, and<\/li>\n<li>Transport<\/li>\n<\/ul>\n<p>The Bureau of Labor Statistics further projected the business and financial sectors to grow seven percent from 2021 to 2031, creating 715,100 new careers over the decade.<\/p>\n<h2>Six Top-Paying Professions That Require a Business Degree<\/h2>\n<p>In addition to strong job demand, business graduates have a diverse option of well-compensated roles to choose from when it comes to specialization. We share a small subset of top-paying positions that require businesses degrees:<\/p>\n<p><strong>1. <a href=\"https:\/\/www.bls.gov\/ooh\/business-and-financial\/budget-analysts.htm\">Budget analysts<\/a><\/strong><\/p>\n<ul>\n<li><strong>Career Description:<\/strong> Budget analysts monitor, prepare, and plan the finances and spending of private and public organizations.<\/li>\n<li><strong>Compensation:<\/strong> The U.S. Bureau of Labor Statistics detailed that the average annual wage of budget analysts in Connecticut in 2022 was <strong>$86,770.<\/strong><\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/www.bls.gov\/ooh\/business-and-financial\/project-management-specialists.htm\">2. Project Management Specialists<\/a><\/strong><\/p>\n<ul>\n<li><strong>Career Description:<\/strong> Project management specialists operationalize plans into action\u2014coordinating budgets, client contact, schedules, and technical day-to-day details that make projects successful.<\/li>\n<li><strong>Compensation:<\/strong> As of 2022, the <a href=\"https:\/\/www.bls.gov\/oes\/current\/oes131082.htm#st\">U.S. Bureau of Labor Statistics<\/a> identified the average annual wage of project management specialists working in Connecticut to be <strong>$102,800.<\/strong><\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/www.bls.gov\/ooh\/business-and-financial\/management-analysts.htm\">3. Management analysts<\/a><\/strong><\/p>\n<ul>\n<li><strong>Career Description:<\/strong> Management analysts improve organizational efficiency by advising executives on assorted ways to reduce costs and increase revenue.<\/li>\n<li><strong>Compensation:<\/strong> As of 2022, the <a href=\"https:\/\/www.bls.gov\/oes\/current\/oes131111.htm#st\">U.S. Bureau of Labor Statistics<\/a> reported the average annual wage of management analysts in Connecticut to be <strong>$105,650.<\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.bls.gov\/ooh\/business-and-financial\/financial-examiners.htm\"><strong>4. Financial examiners<\/strong><\/a><\/p>\n<ul>\n<li><strong>Career Description:<\/strong> Financial examiners ensure rules, regulations, and legal compliance that govern financial institutions; they assess loan risks, evaluating management, and reviewing balance sheets.<\/li>\n<li><strong>Compensation:<\/strong> In 2022, the <a href=\"https:\/\/www.bls.gov\/oes\/current\/oes132061.htm#st\">U.S. Bureau of Labor Statistics<\/a> stated the annual average wage of Connecticut financial examiners to be <strong>$110,240.<\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.bls.gov\/ooh\/business-and-financial\/financial-analysts.htm\"><strong>5. Financial Analysts<\/strong><\/a><\/p>\n<ul>\n<li><strong>Career Description:<\/strong> Financial analysts examine individual and business assets and guide clients on spending money to maximize profit.<\/li>\n<li><strong>Compensation<\/strong>: According to the <a href=\"https:\/\/www.bls.gov\/oes\/current\/oes132051.htm#st\">U.S. Bureau of Labor Statistics<\/a>, in 2022, the annual average wage of financial analysts in Connecticut was <strong>$114,400.<\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.bls.gov\/ooh\/business-and-financial\/personal-financial-advisors.htm\"><strong>6. Personal financial advisors<\/strong><\/a><\/p>\n<ul>\n<li><strong>Career Description:<\/strong> Personal financial advisors help individuals with resource management\u2014including advice on estate planning, insurance, investments, mortgages, retirement, and taxes.<\/li>\n<li><strong>Compensation:<\/strong> As of 2022, the <a href=\"https:\/\/www.bls.gov\/oes\/current\/oes132052.htm#st\">U.S. Bureau of Labor Statistics<\/a> reported the average wage of personal financial advisors employed in Connecticut to be <strong>$146,210<\/strong> annually.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><em>Goodwin University offers a variety of business degree programs to help you crush your career goals and secure your dream role. <a href=\"https:\/\/www.goodwin.edu\/landingpages\/business-administration-guide\">Download our Get Started Business Administration Guide to discover which program is best suited to your needs!<\/a><\/em><\/h3>\n<p>&nbsp;<\/p>\n<h2>Six Qualities to Succeed in a Business Program<\/h2>\n<p>A business degree can help prospective students develop the right skills and qualities to succeed in a future role in the business world. Specifically, successful businessmen and women often possess:<\/p>\n<ol>\n<li><strong>Creativity<\/strong> \u2014 Creativity cultivates out-of-the-box- solutions in higher education and business, leading to groundbreaking, innovative outcomes and improved expression \u2014 <em>no matter the environment.<\/em><\/li>\n<li><strong>Curiosity<\/strong> \u2014 Curiosity and an innate tendency to consistently ask questions (<em>in school or the workforce<\/em>) can develop lifelong learners eager to educate and evolve.<\/li>\n<li><strong>Determination<\/strong> \u2014 Passion for self-improvement and persistence can drive your academic business objectives and professional purpose.<\/li>\n<li><strong>Discipline<\/strong> \u2014 Adhering to time management techniques, keeping your commitments and responsibilities in mind, remaining motivated, and maintaining a rigid study schedule and strong work ethic will get you to your business degree goals.<\/li>\n<li><strong>Networking<\/strong> \u2014 Bringing emotional intelligence and people skills to the forefront is essential for your future business career. <em>Whether making genuine connections with <a href=\"https:\/\/www.goodwin.edu\/majors\/business-administration\/testimonials\">alums<\/a>, classmates, mentors, teachers \u2014 or more \u2014 interpersonal skills inspire others, increase productivity, and impact postsecondary and professional culture.<\/em><\/li>\n<li><strong>Patience<\/strong> \u2014 Yes, a postsecondary education takes time from your routine \u2014 but it does <a href=\"https:\/\/www.bls.gov\/careeroutlook\/2023\/data-on-display\/education-pays.htm\">pay off<\/a>. <em>If you can remain patient (with yourself and others), problem-solve, and persevere, you will be more effective and efficient in all upcoming endeavors.<\/em><\/li>\n<\/ol>\n<p>Get to your goals. Get down to business. Discover how Goodwin\u2019s <a href=\"https:\/\/www.goodwin.edu\/majors\/topics\/business-school\">business administration degrees<\/a> can make a distinct difference in your future career.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business school requirements vary per institution and program. However, undergraduate business degrees at the associate and bachelor\u2019s levels typically require a minimum of a high school diploma or GED equivalent to apply. Students who can demonstrate a high grade-point average &hellip; <a href=\"https:\/\/www.goodwin.edu\/enews\/top-business-school-requirements\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The Top Requirements [And Rewards] of Business School<\/span><\/a><\/p>\n","protected":false},"author":36,"featured_media":11551,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1065],"tags":[115,268,1072],"class_list":{"0":"post-11549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-business-and-leadership","8":"tag-business-administration","9":"tag-featured","10":"tag-school-business-technology-adv-manufacturing","12":"fallback-thumbnail"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Top Business School Requirements | 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