Is a business management degree worth it?
Does it hold the same value as before?
The answer is YES!
A Business Degree is a great choice. It is useful and can open many doors and in some instances. Numerous jobs and careers out there involve a Business Degree.
If you are pragmatic with your Degree and what you plan on doing with it, Business Degree can be a great choice!
On the other hand, if you are unsure about your career path and thinking of pursuing a Business degree, you should probably stop and introspect about what you truly want.
According to statistics, most of the people who have graduated with a Business Degree have landed up jobs, whereas people from other streams or fields are having a harder time.
There are various business degrees and future students must choose wisely (see in video):
People often complain about how Undergraduate Business Degrees focuses more on the nuts and bolts of Finance and Accounting, and fail to develop Critical Thinking and Problem-Solving Skills through Long Essays, in-class Debates and Liberal-Arts Courses.
Unsurprisingly, most Majors operate on the same principles. It is up to you how you will pursue the subject and gain exposure.
Internships revolving around your Major can really help in such cases.
If you are hell-bent on analyzing the worth of your Business Degree, there are multiple ways to perform the same.
Look in this video below what Warren Buffett gives his thoughts on whether business school is worth it:
1. Do The Professors Have Real-World Experience?
Most of the time, professors lack real-world experience and can tremendously affect your interest in a Subject.
Honestly, it doesn’t make sense to learn from a professor who doesn’t have any exposure to the related Industries.
On the contrary, professors with illustrious experience help to apply industry knowledge in the classroom and evoke an interest in the subject.
It also assists to create a healthy learning environment and transform students into capable graduates.
2. Are You Applying What You Learn?
Internships, Volunteering and Jobs are quite effective when it comes to garnering real-world experience.
In this way, you will be able to apply the knowledge which you learn inside the classroom.
According to Statistics, retaining power also increases manifolds when you start applying the theories of a subject.
Always remember, you have a lot more to contribute to your classes when you have some experience.
3. Which Institution Are You Attending?
There are numerous Tier Levels for Business Schools and Branded Institutions play an important role when it comes to Business Degrees.
Both the quality and worth of your Degree is highly co-related to your institution.
The major problem with Tier 3 & 4 colleges is that most of them have been established for commercial/business purposes with no focus on education.
It is only the top Business Schools which are able to produce holistic development of students through exposure to case studies, industry training, research and interaction.
4. Do You Have A Plan For The Future?
Do you have a vision that what you are going to do with a Business Degree?
Have you chalked out a plan for how you are going to upscale the career ladder?
If your answer is NO, start TODAY!
If your answer is YES, you are on the right track, pal!