How would you rate the popularity of Business education?
According to a report published by Vox.com, the latest data from the US Department of Education shows that business education, including online MBA, has currently become the most popular postgraduate degree programme in the United States. The data shows that most of the master’s degrees were awarded in the academic year 2011-12 were in the field of business. In fact the number of graduates with business degrees was more than education graduates. These 2 disciplines account for almost 50 per cent of the 750,000 degrees (approximately) conferred that year in US.
The statistics from the US Department of Education shows that the share of business studies in master’s degree has doubled from 11.2 per cent to 22.8 per cent between 1971 and 1991. In 2012 the share had risen further to for 25.4 per cent.
The report published by Vox.com also reveals that over 16 million students in the US, which comprises around 8 per cent of the US population, now hold a master's level qualification. Furthermore, the data from US Department of Education shows that between 2002 and 2012, the number of master’s degrees awarded also increased by 55 per cent, which includes a 60 per cent rise in business education. However, it should be mentioned that the US population also increased during this 10 year period, although not in the same rate.
Has the question ever occurred to you as to why is business education so popular today even in technical fields?
In the present competitive job market, knowledge and qualification plays a major role in the life a student. An online MBA degree can help you prepare for your career and help you to achieve your career goals. The fact is your level of education will directly improve your chances of getting a great job in your desired field. Management studies prepare you to face the challenges of the corporate world and help you to get high paying jobs in top companies.
Moreover, employers also prefer candidates with either undergraduate diploma in business or MBA, as they are well trained and have more knowledge about business than candidates with general degrees. Most companies worldwide now face the challenge of creating effective leaders and managers. An accredited business degree or diploma from a recognised online B-school certifies that you have acquired the necessary managerial skills during your course.
Business education such as undergraduate diploma courses in management helps to produce a well trained and skilled workforce that can add value to the corporate world through their effective management and leadership skills. A business degree also enables the students to deal with complicated relationships and situations with clients and stakeholders of an organisation.
Why Do Most People Pursue Business Studies?
According to a survey, the following are the most popular reasons for pursing an online business degree like MBA, either online or on-campus-
· Career Development
· Changing Career Path
· Learning New Skills
· Professional Development
· Increasing Earning Potential
· Improving Networking Opportunities
· Starting Own Business
· Personal Development
How Can a Business Degree Help You?
Pursuing a recognised online undergraduate diploma or a postgraduate degree in business management can bring you various types of benefits which encourages innumerable students around the world to study in this field-
Learning Management Skills
An accredited MBA or any other business degree will help you to learn and develop different managerial skills that will improve your productivity and performance in the workplace. You will learn a number of managerial techniques and methods that will enable you to motivate your team and other employees.
Improving Communication and Presentation Skills
Business degree programmes are designed in such way that helps you to better your written and verbal communication skills. By providing soft skills training, these programmes aim to improve your interpersonal skills, presentation skills etc.
Developing Team building Skills
Online business management programmes will teach you various new techniques and approaches that will help you to build an effective and successful team. By creating a strong team of high performing employees you will be able to reach your business goals sooner.
Learning Problem Solving Skills
By teaching various aspects of business and improving your analytical thinking, recognised business degree courses enable you to develop effective problem solving skills. As a result you will be able to deal with challenging scenarios by developing and executing strategies. You will also learn to manage problems related to employee performance.
So What Do You Think?
Getting a business degree is undoubtedly a good idea. Pursuing an online MBA is an even better idea as it gives you the flexibility to continue your work and pursue your education at your own pace and convenience with affordable fees. Simply choose a recognised online programme to become the next successful business leader.