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What Is The True Worth Of Your Business Degree?

10/8/2014

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Are ready for college? But will all the time and effort you invest in the coming 4 years offer you a rewarding carer? I am sure, like most students, you are also wondering if you have chosen the right specialisation and if your course will guide you properly. Many education experts worry if business studies can offer quality education to students like traditional disciplines (science and arts). I personally think it can.

Why Business Education Is Gaining Ground

The fact is around 20% of all bachelors’ degrees are in the field of business; hence business education has become the most popular programme in the nation with a rapidly growing demand. The trend is gaining more ground due to the intense competition in the job market for fresh graduates and concerns of students about landing their first job.

However, a lot of hard work is required to counter the negative reputation of bachelor’s degree in business. Most people believe that business graduates poor writing and soft skills are due to minimal time invested in studying and increasing focus in enhancing oral presentation and team work skills needed for marketing or management, which affects personal learning.

Inspiring New Ideas

I have seen many students gain significant business knowledge and experience through their undergraduate business programmes. B-schools merge both practice and theory to offer an advanced learning experience to the students where they can learn, create new ideas, prepare for leadership roles and start a business and even experience loss. Trained and supportive alumni and educators help students to try out new ideas via trial and error and explore their interests, strengths and motivations. This will give an opportunity to be creative, acquire problem-solving skills and create and impact.

I believe that undergraduate business education is the ideal time to discover new avenues and take risks in a controlled environment. This will enable you to enter the world of business with a sharp sense of management and leadership skills. The business skills you will acquire throughout your programme are sought by employers. Perhaps this the reason why the “What’s It Worth?: The Economic Value of College Majors” study in 2011 ranked business as the 3rd best-paying major with an average salary of $60,000.

Moreover internships also offer you an excellent platform to gain real world experience and learn about various industries and how a business actually works. In today’s world, internships are one of the best gateways to a full-time job.

Questioning Business Education’s Worth

It is imperative that parents and educators like us keep questioning the relevance and value of our programmes and whether a traditional college degree a better alternative for our students. Several experts believe that online education is the future of learning and most colleges will close down in the coming 10 years. This is why I believe more and more students are heading for online MBA and learning from the best B-schools and faculty from around the world. It is only by embracing technology we will be able to offer the most effective learning solutions to our students that will lead to better careers in the 21st century.

To be honest I believe that combining traditional college or undergraduate business school education with technologically-inclined learning modes will help us to create the best learning experience for you and your fellow students that will be worth your investment.

What do you think about online education? Is your degree worth your time and effort? Let us know what you feel. We would love to hear your thoughts and views

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    I am Phillip Morgan an Education Specialist, working as an educational counsellor addressing a variety of student challenges. Among others writing is one of my most favourite hobby. I enjoy writing on a wide range of topics that are reforming the education scenario today.

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