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Business

Business

  

About Business

A business degree is one of the most popular qualifications available. It encompasses a wide range of areas such as finance, economics, accounting, supply chain, and even subjects such as marketing and political science. The reason for this broad syllabus is to give students a thorough understanding of the various dimensions of running a business successfully. This field of study prepares students to effectively manage the various components of a business by imparting knowledge of how these different components link together to form a whole.

  

Is Business right for me?

If you believe you possess analytical skills, problem-solving skills, team-working skills, and most importantly the ability to adapt to meet business needs, then you’re a good fit for a business degree. Additionally, if you are looking for a multipurpose degree that opens up better potential in fields like marketing, management, finance or even entrepreneurship then this field of study is an apt choice for you.

  

Study options and costs

  There are a multitude of study options if you choose the business field. You can get bachelor's, master's, and even PhD degrees in Business. In these degrees, you’ll most likely be offered a choice to specialise in a domain like marketing, finance, project management or entrepreneurship.

  Credit costs for a bachelor’s degree in business classically range from $90 to $435 per credit unit. The average annual tuition fee for a bachelor's degree in business is $33,896, with a projected four-year degree. The average cost of a two-year MBA program is $40,000 a year.

  

Future outlook

A degree in business can provide you with several career opportunities as it branches out into a variety of career paths ranging from a general finance degree to international business management and marketing.

  The business and financial professions are predicted to grow by 7% by 2028. Every company or firm needs a business expert irrespective of the nature of business or profession. It is no surprise then that the future prospects for business degree holders are positive.

  

Career pathways  for Business graduates

  

Sales representatives and manager

  A degree in business administration can help you embark on a career as a sales representative and manager. As a sales representative, you directly deal with clients to sell products or services, and you are responsible for managing relationships between your company and its customers. The average salary of a sales representative is $65,095 per year in the US and £37,500 in the UK.

  

Human resource manager

  Human resources managers propose, design, organise and direct the managerial roles of an association. They supervise the employing, interviewing, and signing of new staff. The average salary of an HR manager is £40586 per year in the United Kingdom and $69356 in the United States.

  

Financial Advisor

  Financial advisors assist people in learning about their investment, insurance, and retirement decisions. They usually work for autonomous administrations to help customers acquire their investment choices, insurance policies, and more. The average salary of a financial adviser ranges from £62,000 to £69,000 per year in the United Kingdom and $89,330 in the United States.

  

Business manager

  A Business Manager is accountable for the supervision of business processes across subdivisions. Their responsibilities comprise appointing new staff, directing office meetings, and making practical plans to expand output and worker self-esteem. The average salary of a business manager is £37,500 per year in the UK and $63745 in the US.

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