Graduating high school can be a pretty momentous time because we will face so many crucial decisions. One of the most significant choices we need to make is which major we opt to go for in a university. Picking the right major guarantees, not just financial stability but overall happiness, and you’ll be happy in your chosen career.
However, make the wrong choice, and you might end up wasting thousands of dollars on a degree that doesn’t make you happy or guarantee your financial stability. When picking a college major, you must consider whether it’ll be able to provide you with ample job prospects and give you room for growth. If there’s one major that fits the bill, it’s a business major.
Business majors are easily amongst the most popularly chosen subjects worldwide and for a good reason. However, there are many different types of MBA programs, and before picking one, you must consider your strengths, as well as what each program has to offer. If you’re feeling overwhelmed by all the information you’ll have to find, don’t fret. Keep reading below to learn how to choose an MBA wisely.
Figure Out Your Strengths, and Then Do the Research
The first step to selecting a business major is understanding your strengths lie and then doing the appropriate research. Every college offers a different curriculum, even for the same subject.
Furthermore, it’s essential to consider the faculty and work-life balance that the university provides before joining. The best way to choose which university is the best fit for you is by checking online rankings. It will tell you which university ranking is better and which universities offer the best programs for MBA and with the best faculty around.
In addition, on ranking charts, you’ll always find an institution best suited to your educational goals as well as your finances. Before diving into any program, make sure you check where it ranks because there can be nothing worse than waste your precious time and money on a degree that doesn’t amount to much.
Consider Your Finances
College can be pretty expensive, so before you start exploring your options, it’s best to look at each institute’s fee structures. It helps you understand how big a loan you’ll need to take or how much of your savings to use. When considering finances, it’s also essential to consider the salary you’ll get once you graduate. With a business major, even fresh graduates can make a decent amount, which can go a long way in paying off any loans.
However, make sure that salary isn’t the only thing you consider when picking a business major. Pay close attention to what you’re good at, and let that guide your choices.
Outline Your Long-Term Goals
Once you’ve outlined your strengths and the most suitable universities to go to, the next step is to figure out your career goals. Different business majors will open up various avenues for you, so it’s essential to consider your aspirations. Below, we’ll discuss a few of the most popular business majors that are vastly different from one another yet offer immense opportunities for financial and personal growth.
Marketing MBA
A marketing MBA is easily one of the most popular and relevant business majors that you can pick. Consumer behavior is more relevant now than ever before, with new businesses cropping up each day. If you have a marketing MBA, you can be an asset to any company you work.
When getting your marketing MBA, you learn crucial skills such as advertising and adapting to technology. Additionally, you also study consumer behavior extensively to help companies adapt to what their clients want.
The best business schools give you all the skills you need to become a successful entrepreneur. A marketing degree from the top business schools can prepare you to enter many different industries while making great money. An MBA, on average, can get you at least $134,991 annually, and this figure can rise as you progress.
MBA in Computer Information Systems
IT systems are increasingly taking up a more significant chunk of our lives and are integral to the way we conduct business. IT systems can help streamline everyday tasks and spot and utilize intricate consumer behavior patterns that the human eye would miss.
Technologies such as AI revolutionize how we conduct business by letting each company make smart decisions and boost productivity and profits. A strong base in IT systems and business administration gives you the perfect skills to adapt IT systems to your company. Furthermore, with IT being the face of the future, there is no degree more relevant today.
Accounting
Accounting is a subject that has been around for years and will continue to be for more to come. Accounting is a pretty competitive field as it offers excellent job opportunities and a fantastic salary package too. Accounting is the perfect job for you if you enjoy using critical thinking skills to develop innovative solutions to unique problems.
In addition, an accounting major helps you use logic-based skills such as working with numbers, calculations, and data. Accountants are indispensable to the clients they work with, so if you’re after a business administration major that’ll help you form beneficial client relationships, this is it.
Conclusion
Picking any major can be tricky, but we hope that this guide will help guide you in the process. If you start by outlining your strengths, goals, and your available resources, you can easily pick the best institute to join.
While there are many business administration majors you can consider, we’ve listed the most lucrative and relevant ones in today’s age. These business majors can help you adapt to a wide range of industries and get the best job opportunities.
Furthermore, the growth you’ll experience in these fields makes opting for any of these majors incredibly rewarding. The specialization you pick can set the tone for your career for the rest of your life, so be sure to do all your research and pick something you genuinely enjoy!
