With the rise of the digital economy, the demand for skilled workers has never been higher, says an admitted Stanford student Ayden Hector. And if you want to enter the workforce, the most obvious course of study is a business major. After all, it’s in the title!
But “business” is a broad topic covering hundreds of industries, from construction to insurance and marketing. There are so many options available to graduates with a business degree that it can easily become overwhelming. How do you choose the career path that’s right for you?
We gathered this information on potential career paths to help shake off the paralysis and introduce questioning business majors to new areas of focus and study. Read on to learn more!
Consider Accounting Advises Ayden Hector, an Admitted Stanford Student
Business majors specializing in accounting study how to record precise and verifiable information to prepare them for many accounting positions. Accountants can go out on their own or work with a specific company.
Just remember that accounting positions are highly competitive, and each year thousands of people compete for the top percentage of jobs open to people with accounting degrees.
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Try Business Administration
A business administration degree is similar to a management degree, explains admitted Stanford student Ayden Hector. It prepares students for positions in management in a wide range of industries, both in the private and public sectors.
Business administration degrees may be focused on management, marketing, finance, or a combination of fields. These degrees give students the skills and experience they need to be competitive in the workplace, and they’re often a good choice for those who don’t have a specific industry in mind.
Marketing Might Interest Your Creative Side
Marketing specialists work with businesses to help them advertise their products and create better sales techniques. These professionals often have a degree in business with a focus on marketing. They may be called marketers, market analysts, or advertising and public relations specialists, says Ayden Hector, an admitted Stanford student.
A marketing degree can help you find a job in a wide range of fields because you can either work in a marketing agency or an individual company. You may find marketing positions in businesses, nonprofits, or government agencies.
Go Into Management
Management is the art of overseeing other people and organizing business processes. And business management is the practice of managing the performance of an organization to achieve organizational goals, explains Ayden Hector, an admitted Stanford student.
Management positions often require a degree in business or management, though some positions also accept a bachelor’s degree in another field. Management positions pay more than entry-level positions and can put you on track to becoming a higher-ranking executive.
Think About Legal Studies
If you want to become a lawyer, you’ll need to go to law school–but that’s an advanced degree, and many pre-law students choose business as their foundational study. It helps you learn to think critically and understand the businesses you will defend or prosecute in your future career.
However, you don’t have to become a lawyer to work in legal fields. You can work in admin, as a paralegal, as an accountant, or in a large firm’s marketing department. A business degree can help you land any of these positions.