{"id":7535,"date":"2020-07-16T12:29:34","date_gmt":"2020-07-16T16:29:34","guid":{"rendered":"https:\/\/www.goodwin.edu\/enews\/?p=7535"},"modified":"2024-12-17T16:47:36","modified_gmt":"2024-12-17T21:47:36","slug":"what-do-you-learn-in-business-school","status":"publish","type":"post","link":"https:\/\/www.goodwin.edu\/enews\/what-do-you-learn-in-business-school\/","title":{"rendered":"What Do You Learn in Business School?"},"content":{"rendered":"<p aria-level=\"2\"><i><span data-contrast=\"none\">\u201cSuccess usually comes to those who are too busy to be looking for it.\u201d \u2013 Henry David Thoreau\u00a0<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:240,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The business world is a highly competitive one, <\/span><span data-contrast=\"auto\">and there are many people competing for a spot at the top. If you are looking to advance your career, or you want to jumpstart a new one, you may be considering earning a <\/span><span data-contrast=\"auto\">college <\/span><span data-contrast=\"auto\">degree. <\/span><span data-contrast=\"auto\">At the same time,<\/span><span data-contrast=\"auto\"> you may be wondering, \u201c<\/span><span data-contrast=\"auto\">W<\/span><span data-contrast=\"auto\">hat <\/span><span data-contrast=\"auto\">will I<\/span><span data-contrast=\"auto\"> learn in business school?\u201d<\/span><span data-contrast=\"auto\"> and <\/span><span data-contrast=\"auto\">\u201c<\/span><a href=\"https:\/\/www.goodwin.edu\/enews\/is-a-business-degree-worth-it\/\"><span data-contrast=\"none\">Is it worth it?<\/span><\/a><span data-contrast=\"auto\">\u201d<\/span><span data-contrast=\"auto\"> Read on, as we break down some of the <\/span><span data-contrast=\"auto\">key topics covered in a business <\/span><span data-contrast=\"auto\">degree <\/span><span data-contrast=\"auto\">program<\/span><span data-contrast=\"auto\">,<\/span><span data-contrast=\"auto\"> that will launch your career to new heights.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">A career-focused business school, such as Goodwin University, can prepare you for a range of careers in the business world. Whether you are looking to run the next hot <\/span><span data-contrast=\"auto\">Kickstarter,<\/span><span data-contrast=\"auto\"> or climb your way up the corporate <\/span><span data-contrast=\"auto\">ladder, <\/span><span data-contrast=\"auto\">you can benefit from the courses taught in the <\/span><a href=\"https:\/\/www.goodwin.edu\/majors\/business-administration\/\"><span data-contrast=\"none\">Business Administration <\/span><span data-contrast=\"none\">d<\/span><span data-contrast=\"none\">egree<\/span><\/a><span data-contrast=\"auto\"> program. <\/span><span data-contrast=\"auto\">Degrees are offered at the associate, bachelor, and certificate levels. This will give you the flexibility to choose your program<\/span><span data-contrast=\"auto\"> level,<\/span><span data-contrast=\"auto\"> and <\/span><span data-contrast=\"auto\">ultimately which<\/span><span data-contrast=\"auto\"> skills and knowledge you<\/span><span data-contrast=\"auto\">\u2019l<\/span><span data-contrast=\"auto\">l gain from it.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">What do you learn in business school? Here are some of the key topics covered:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ol>\n<li aria-setsize=\"-1\" data-leveltext=\"%1.\" data-font=\"Calibri,Calibri_MSFontService,Sans-Serif\" data-listid=\"4\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><i><span data-contrast=\"auto\">Accounting\u00a0<\/span><\/i><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">Bookkeeping and financial statements are critical components to any business model \u2013 no matter the size. With an accounting elective, such as Applied Accounting, for example, students learn the basic principles of accounting analysis. You will develop an understanding of financial topics such<\/span><span data-contrast=\"auto\"> as current assets, <\/span><span data-contrast=\"auto\">depreciation<\/span><span data-contrast=\"auto\"> and amortization of intangible assets. Students prepare and perform analysis of financial statements, and they also learn to read and understand an annual report.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p>2. <b><i><span data-contrast=\"auto\">Budgeting\u00a0<\/span><\/i><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">With a course like \u201cBudgeting and Planning<\/span><span data-contrast=\"auto\">,<\/span><span data-contrast=\"auto\">\u201d you will start to understand the budgeting process<\/span><span data-contrast=\"auto\">, which is essential knowledge for any aspiring business leader<\/span><span data-contrast=\"auto\">. Students create a master budget and financial statements, analyz<\/span><span data-contrast=\"auto\">e<\/span><span data-contrast=\"auto\"> these statements, <\/span><span data-contrast=\"auto\">interpret<\/span><span data-contrast=\"auto\"> results, and determin<\/span><span data-contrast=\"auto\">e<\/span><span data-contrast=\"auto\"> master budget plans. This class covers budget set-up and financing, a<\/span><span data-contrast=\"auto\">s well as the planning and decision-making process in order to succeed.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><i>3.<\/i><b><i><span data-contrast=\"auto\"> Finance<\/span><\/i><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Of course, finance is a big part of success in business. There are many finance courses available to business students. In Principles of Finance,<\/span><span data-contrast=\"auto\"> for example,<\/span> <span data-contrast=\"auto\">students focus on the fundamentals of sound financial management. Students study<\/span><span data-contrast=\"auto\">:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">T<\/span><span data-contrast=\"auto\">he time value of money<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">R<\/span><span data-contrast=\"auto\">isk\/return analysis<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">C<\/span><span data-contrast=\"auto\">ash flow management<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Th<\/span><span data-contrast=\"auto\">e basics of capital budgeting<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">W<\/span><span data-contrast=\"auto\">orking capital management<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Fi<\/span><span data-contrast=\"auto\">nancial forecasting<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">I<\/span><span data-contrast=\"auto\">nventory management<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">B<\/span><span data-contrast=\"auto\">asic financial ratios<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><i>4.<\/i><b><i><span data-contrast=\"auto\"> Management<\/span><\/i><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Whether you want to run your own small <\/span><span data-contrast=\"auto\">business,<\/span><span data-contrast=\"auto\"> or you work at a large firm, an education in management will go a long way. A class like \u201cIntroduction to Management\u201d will teach <\/span><span data-contrast=\"auto\">you <\/span><span data-contrast=\"auto\">the basic principles of management and the relationship<\/span><span data-contrast=\"auto\"> to customer expectations. Staffing and leading, decision making, information systems, and social responsibility are some of the topics covered in this type of course.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><i>5. <\/i><b><i><span data-contrast=\"auto\">Marketing<\/span><\/i><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Another key component in business is marketing. How will your clients (and you) make any money without<\/span><span data-contrast=\"auto\"> a<\/span><span data-contrast=\"auto\"> successful marketing<\/span><span data-contrast=\"auto\"> strategy<\/span><span data-contrast=\"auto\">? A marketing course will help you understand principles, strategies, and methods practi<\/span><span data-contrast=\"auto\">ced by modern businesses<\/span><span data-contrast=\"auto\">, <\/span><span data-contrast=\"auto\">including product\/service distribution, promotion, and pricing. Some topics in this class include:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Evaluating market opportunities<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Buyer behavior<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Market segmentation<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Targeting and positioning<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Market strategy and planning<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Development of marketing mix<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Marketing organization and control<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Top <\/span><\/b><b><span data-contrast=\"none\">Skills Learned<\/span><\/b><b><span data-contrast=\"none\"> in Business School<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:40,&quot;335559739&quot;:240,&quot;335559740&quot;:259}\"><br \/>\n<\/span><span data-contrast=\"auto\">The things you learn in business school include much more than financial statements and marketing strategies. With the courses come applicable<\/span><span data-contrast=\"auto\">, key skills<\/span><span data-contrast=\"auto\"> that are valued in any business profession<\/span><span data-contrast=\"auto\">. Some of the skills gained through a business degree program include:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Attention to Detail<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Communication<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Critical thinking<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Interpersonal<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Organizational<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Problem solving<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Time management<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Analytical skills<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">People and team management<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Ethical decision-making<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">These skills can be applied in a variety of careers within the business world. Perhaps you have an <\/span><span data-contrast=\"auto\">entrepreneurial<\/span> <span data-contrast=\"auto\">spiri<\/span><span data-contrast=\"auto\">t<\/span><span data-contrast=\"auto\">. Maybe y<\/span><span data-contrast=\"auto\">ou<\/span><span data-contrast=\"auto\">\u2019re dreaming<\/span><span data-contrast=\"auto\"> about<\/span><span data-contrast=\"auto\"> making a difference in the world through a nonprofit<\/span><span data-contrast=\"auto\">. <\/span><span data-contrast=\"auto\">You may be planning<\/span><span data-contrast=\"auto\"> to take over the family business. Whatever your<\/span><span data-contrast=\"auto\"> business<\/span> <span data-contrast=\"auto\">goals<\/span> <span data-contrast=\"auto\">entail<\/span><span data-contrast=\"auto\">, a<\/span><span data-contrast=\"auto\"> Business Administrative degree<\/span> <span data-contrast=\"auto\">\u2013 such as the ones offered at Goodwin University \u2013 can help you reach them.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Goodwin<\/span><span data-contrast=\"auto\">\u2019s <\/span><a href=\"https:\/\/www.goodwin.edu\/majors\/topics\/business-school\"><span data-contrast=\"none\">business school<\/span><\/a><span data-contrast=\"auto\"> offers a lifetime of support for its students and graduates. The Career Services Team can help you with a variety of career-related <\/span><span data-contrast=\"auto\">tasks. Whether you need help writing a cover letter, <\/span><span data-contrast=\"auto\">updating your <\/span><span data-contrast=\"auto\">resume, or <\/span><span data-contrast=\"auto\">nailing a job interview,<\/span><span data-contrast=\"auto\"> the team can help.<\/span><span data-contrast=\"auto\"> Goodwin\u2019s Career Services Team also can help you build your social network (not to be confused with social media) and make connections within the business world. We have working relationships with a variety of businesses around the state of Connecticut.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">So<\/span><span data-contrast=\"auto\">,<\/span><span data-contrast=\"auto\"> what do you learn in business school? Everything you need before setting out in<\/span><span data-contrast=\"auto\">to<\/span><span data-contrast=\"auto\"> the workforce! Learn more about Goodwin\u2019s Business Administration programs by calling 1-800-889-3282 or <\/span><a href=\"https:\/\/www.goodwin.edu\/landingpages\/business-administration\"><span data-contrast=\"none\">visiting us online<\/span><\/a><span data-contrast=\"auto\"> to request more information.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cSuccess usually comes to those who are too busy to be looking for it.\u201d \u2013 Henry David Thoreau\u00a0\u00a0 The business world is a highly competitive one, and there are many people competing for a spot at the top. If you &hellip; <a href=\"https:\/\/www.goodwin.edu\/enews\/what-do-you-learn-in-business-school\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">What Do You Learn in Business School?<\/span><\/a><\/p>\n","protected":false},"author":36,"featured_media":7538,"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":[115,951,268],"class_list":{"0":"post-7535","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-business-classes-in-ct","10":"tag-featured","12":"fallback-thumbnail"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Do You Learn in Business School? | Goodwin University<\/title>\n<meta name=\"description\" content=\"Interested in applying to business school? 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