Have you ever dreamed of owning your own business? Or maybe you’ve seen yourself climbing the corporate ladder and, in turn, getting that cool corner office with a view. If you have an entrepreneurial spirit and a drive to succeed, you may be thinking about business school. Like many modern business leaders today, you may be thinking: “I want to study business” or, “I want to major in business.” You may recognize the value of a business education in terms of career success, salary potential, upward mobility, and impact. But, like many prospective students, you may wonder if the investment in business school is really worth it.
There is a reason why business is among the most popular degrees for college students today, according to the National Center for Educational Statistics (NCES). The fact that the business arena is constantly evolving and advancing, right along advances in technology, is a great indicator that business school is one of the smartest investments you can make. You can also expect good return on this investment. According to recent research from Glassdoor, business is among the top 20 highest-paying majors.
Of course, like any big decisions in life, the decision to major in business is one that should come with great consideration. Read on, as we address some of the most common concerns that prospective business school students have before pursuing their dreams.
“I Want to Study Business, But…”
“I am scared that business school will be too hard.”
Right now, one of your biggest concerns may be the workload ahead. This is common. Business majors must learn key concepts and practices, such as business law and ethics, principles of finance, marketing, and more. The workload requires focus and dedication – and the thought of mastering these lessons might feel overwhelming to you.
The truth is, business school can, in fact, be challenging at times. Students must stay on top of the ever-evolving industry, learn the ins and outs of their organization, and know how to edge out the competition – which can be fierce in today’s market. However, many business students find that it is these challenges that make the curriculum fun, engaging, and motivating. They would tell you that business school is rewarding, and well-worth the time and effort.
“Will it prepare me for the real business world?”
An education in business is one of the smartest investments you can make before pursuing your career goals. At a career-focused school, such as Goodwin University, for example, students master the very skills that business employers are looking for today – and they are the same set of skills needed for success in starting up a small business, for those looking to become successful entrepreneurs:
- Communications
- Critical thinking
- Problem-solving
- Teamwork
- Finance
- Management
Business administration courses at Goodwin are taught by industry professionals. Their experience and understanding of business can prepare you for your future better than any textbook ever could.
“What can I do with this type of degree?”
Upon graduating from business school, your opportunities will be vast. Students with a business degree are prepare for a number of careers, including – but certainly not limited to – the following areas:
- Accounting
- Customer service
- Entrepreneurship
- Human resources
- Management
- Sales
Those specialties also come with their own set of career settings on their own. If you are interested in the restaurant industry, you could find any one of those positions at an eatery – or even open up your own place! Do you have a passion for saving the planet? You could become a leader of an environmental group. The sky is the limit for anyone who pursues a degree in business.
“I’m worried school will cost too much.”
College is an expensive investment. It is common to have concerns over the financial toll it may take. Attending a postsecondary program, however, does not have to break the bank. There are many options when it comes to financial aid and grants. Goodwin University, for example, has one of the lowest tuition costs for private, non-profit colleges in Connecticut. While rates are always on the rise, the school’s five-year tuition change was significantly lower than almost any other school in the Nutmeg State. An estimated 94% of undergraduate students received financial aid in the form of grants or scholarships in fall of 2021, and 56% of Goodwin undergrads received Pell Grants to help cover the costs.
“What if I don’t find a job?”
Ever since the recession in 2008 – the greatest recession since the Great Depression – and now amidst a global pandemic, many students may feel weary about their future after graduation. While this is a common concern, it is also one that comes with positive news. The U.S. Bureau of Labor Statistics expects employment in business and financial operations to grow 8% over the decade. That means an additional 750,800 jobs for graduating students emerging in the business field.
Students at Goodwin University can take advantage of the support offered – for free – by the Career Services Team. Our dedicated staff works with students and graduates to help them find jobs in their chosen profession. Whether you need help with professional networking or just need to practice your interviewing skills, you can rest assured that the Career Services Team will not stop until you are working in the business industry.
Get Started on Your Dreams!
Are you ready to jumpstart – or advance – your career in business? Get started today. Learn more about the business programs offered at Goodwin University by calling 800-889-3282, or visiting us online to request more information.
Goodwin University is a nonprofit institution of higher education and is accredited by the New England Commission of Higher Education (NECHE), formerly known as the New England Association of Schools and Colleges (NEASC). Goodwin University was founded in 1999, with the goal of serving a diverse student population with career-focused degree programs that lead to strong employment outcomes.