Is A Business Degree Worth It?
Business Degree-You have already ongoing your professional career and gained valuable experience on the job. You don’t want to put your career on hold, but you also know that a bachelor’s degree can open doors for advancement, career changes, or new jobs in emerging industries. How do you do both? And is it value it in the long run?
Let’s look at what a business degree is, what it takes to get it, and why it’s beneficial for your career.
What Do We Mean By “Business Studies”?
When someone speaks of a “business degree,” they generally mean a bachelor’s degree that provides fundamental knowledge in all business functions, such as degrees in business administration, business administration, or management and leadership. It’s an abbreviation that reflects the general direction of these programs. Other business degrees specialize in a single area, from accounting and finance to marketing and human resources.
Although these are all business engineering degrees, a Bachelor of Business Administration is the most comprehensive and supple program. A business degree is ideal for professionals in any industry who want to advance their careers in these details and more.
What It Will Take To Get A Business Degree For Oneself.
Getting your business degree is an investment of time, energy, and money. Let’s break down what you can imagine earning your business degree.
Time: It takes to complete your business studies can vary greatly. You must earn 124 credit hours to receive your Bachelor of Business Administration degree in terms of credit hours. For an old-style student, this is typically a four-year degree. For a working professional, graduation time largely depends on credit transfer and course load factors. Do your investigation and find a business degree program that can exploit your previous teaching and experience to help you graduate faster.
Energy: Earning your degree is more than a commitment of time. To be successful, you must prioritize your studies, which means you must adjust your work and personal life to make room for your education. Especially when taking online courses, you need to create your structure and schedule to support your success.
Finance: The cost of a business degree can vary greatly. Tuition can come with sticker shock, but often the advertised price isn’t what you pay. Most online colleges charge a fee per credit hour. So if you transfer credits, you can significantly reduce your costs. Once you understand your costs, make sure you have the funds to pay for your title. You should also look for financial aid to see if you can get help paying for your title. And remember, a degree is a lifetime investment that pays off for most people in the long run.
The Impact Of A Business Degree: Separating Fact From Fiction
If you’re looking to go back to school for your business degree, you’ll see conflicting information. Some of these articles make pretty big claims, but how do you back them up? And how is reality separated from fiction?
We have dr Doug Ross, a senior member of Franklin University’s business school, who was asked to dispel some of the most common myths about getting a business degree.
Myth #1: I can supplement my work experience with certificates and gain the same value as a bachelor’s degree.
Reality: “A bachelor’s degree offers immediate and lifetime value unmatched by lower degrees,” says Dr. Horse. “If you look at the lifetime earnings of a graduate compared to a high school grad, a graduate makes over a million dollars more. A bachelor’s degree can be used for a short-term salary increase beyond a certificate.
Myth #2: There aren’t adequate job opportunities for business program graduates.
Reality: “I often hear that business graduates are unemployed or underemployed. I think many of these claims are bases on a limited view of what you can do with a business degree,” says Dr. Horse. “It is one of the most supple degrees that can be practical across industries. It doesn’t matter if you work in the oil and gas industry, technology, healthcare, or any other industry, business graduates need. If you’re just looking for job titles like ‘business manager,’ you’re narrowing your options too much.”
Myth #3: Business is too general a degree, not as valuable as a specialized degree.
Reality: “This is another myth that’s perpetuated with the influx of specialized degrees. A business degree is universal, but it’s a strength, not a weakness,” says Dr… and their impact on one another. A business administration degree gives you this holistic perspective and promotes cooperation within organizations. It also gives people the flexibility to move between roles and functions. If you seek deeper knowledge in a particular area of interest, look for business careers that offer minors in that specialty.
Myth #4: I have my companion’s degree, and I don’t want to start over to get my bachelor’s degree.
Reality: “Nobody wants to start from scratch when they already have a degree,” says Dr. Horse. “And when you go back to school to get your economics degree, you shouldn’t have to. Find a program that will help you maximize the credits you’ve already earned and transfer them seamlessly to your bachelor’s degree. At Franklin, we help associate degree holders transfer up to 94 credit hours into our bachelor’s degree program and help them complete their business degree faster.
Is It Worth It? The Choice Depends On Your Professional Ambitions.
If you’re a expert looking to advance your career in business, a business degree can be a game changer. A business degree can improve job prospects, create opportunities for advancement, and increase your salary and income for life. It’s a valuable investment in your career, now and in the future. You just have to find the right commercial administration course for you.
Franklin University’s Bachelor of Business Administration program aims to provide you with advanced, real-world skills that will transform your career from day one. We work with you individually to maximize credit transfer and make it faster and more affordable to earn your commercial gradation. Explore everything the set has to offer to see if it will help you achieve your goals.
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