How does a business take risks, handle decisions, create and implement strategies? How does one know what makes a good investment and what doesn’t? Studying business teaches you all this and much more.
As a business student, you learn how to handle both, small and large, organizations as well as how to manage your people, the name of your brand, your products or services, understanding how processes, the environment, and the market work together to bring either satisfactory or unsatisfactory sales or outcomes.
The knowledge that you gain during this course will help you adapt to almost any work environment easily. Almost every employer recognizes a degree in business studies and it is valued greatly in the field of management and business. In terms of your own development as a thinker, this course adds to your cognitive abilities by allowing you and, more importantly, requiring you to think in a critical manner.
Any and every case study was given to you must not only be read well but also analyzed completely and evaluated in terms of the degree of its success and the factors contributing to its success or failure. You develop your ability to conduct a presentation, which, in today’s world of hardcore competition, is extremely important in terms of determining how well your ideas are received by the audience.
Your presentation skills not only include how well you can design a presentation on a software but also how confident you are, how effectively you communicate your ideas to your audience and how engaging you are. You further develop your basic numeracy and arithmetic skills, which come in handy in almost any field.
A degree in business studies can help you further specialize in one of its many fields such as accountancy, human resources, marketing, finance, and operations. The syllabus provided at any accredited business management college for a degree in BBA (Bachelors of Business Administration) remains uniform throughout the country.
During your first year at college, you will learn skill sets that include the Principals of Management, The Principals of Economics, Effective Communication Skills, The Principals and Practices of Accountancy, Business Mathematics, Forms of Business Organization, Practical Studies, which includes a project report and, finally, the Growth and Structure of Industries.
These are the basic subjects that one needs to learn as a first-year student in order to begin working on harder subjects that are linked to these core subjects. When you move to your second year as a business studies student, you will find newer and more complex subjects to tackle.
The skill sets that you now need to include subjects such as Marketing Management, Personnel Management, Financial Management, Business Statistics, Effective Communication Skills – II, Company Accounts, Managerial Economics and Practical Studies, which includes a project report like your first year. As you can now see, most of your second-year subjects are linked to your first-year ones so if you feel that you do not enjoy or have an aptitude for any one or more than one of them, you might want to reconsider your career path. However, on the flipside, if these subjects spark your interest and you’re actually good at them, nothing should stop you from pursuing a career in business studies. In your third and final year, you will have the following subjects – Manufacturing and Materials Management, Business Environment, Industrial and Commercial Laws, Organizational Behavior, Taxation, Advanced Marketing Management, Advanced Financial Management and Practical Studies, which includes a report like it did in your first and second year.
Business studies is a complex course that requires you to be hard working, analytical and filled with passion. If this fits you, then start looking for good colleges today! AUTHOR NOTE: Jamie has just finished his graduation in business management and is looking to pursue an MBA from a business management college. Jamie spends his free time reading, writing new posts for his blog and updating his own website that sells novelty undergarments. He was also a member of his district’s swimming team.