How to Choose the Best Business Degree for You


The type of business degree or specialization that you decide on will permanently alter your career’s trajectory. This has left many prospective students nervous about making that final decision as they prepare for their first few classes. If you are ready to advance your career with a graduate program, then here are some of the considerations that will help guide you toward the ideal degree.

Degree ROI

Understanding the return-on-investment from your master’s degree, if you choose to pursue one, is another crucial step. The most important statistics to consider include the average employment rate for graduates (if the student is not already employed), the starting salary for those positions, and the salary cap. While engineering does edge out all other degrees in terms of its ROI, some business degrees such as in Economics and Statistics have almost a 100 percent employment rate for graduates.

Work Backwards

Those who are unsure of where to even begin this process should try to think through their options in a backwards process. Instead of picking a degree and then exploring your options for a career or company, come up with a list of ideal companies you would like to work for and what positions you would like within that company. If possible, contact the employees in those positions and inquire about their background and training. These first few steps may be time-consuming, but they will help you plan your academics more consciously and precisely. This way, you will feel more confident when you enter your NKU PACE program or a business program from a school in your particular area.

Test the Waters

If you are still unsure about which focus or specialization you would prefer, then you should test the waters with an entry-level job in that field. Companies are always looking for motivated individuals who would like to explore their options for a career as they continue their academics. As an added bonus, many of these companies provide internships and externships that may count as units towards your degree. These positions typically last for around a year and can be paid hourly, salaried, or unpaid depending on competition within that field.

Nothing Is Set In Stone

Finally, remember that nothing is set in stone and choosing the incorrect specialization or degree will not do irreparable damage to your career. Many students will find themselves changing their final goals a handful of times throughout their schooling and this is why all schools hire full-time counselors.
Any students that feel as if their current program is not exactly what they expected should schedule an appointment with their counselor to discuss other options. The first few classes in most graduate programs are transferable and it will be relatively easy to simply enter into a new program with little in the way of wasted time or money.
From financing and marketing to international business practices and business administration, there are quite a few options when it comes to finding the perfect business degree. All students should thoroughly research their own graduate programs and remember that nothing is set in stone as their interests and needs change.


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