Willing to explore business studies but still on the fence about if doing a bachelor of business is the right step forward? Here are 6 reasons why you absolutely should go ahead and get a bachelor of business management degree from one of the top colleges in Australia.
1. Global perspective and networking opportunities
A bachelor of business studies will provide you with the most sought-after opportunities where you get to work on specialized international modules and opens up doors to work with international organizations. This enables you to gain a better understanding of the subjects pertaining to business and management while experiencing a dynamic global environment.
The classes you will take during your studies will also expand the possibility of forming business and personal connections and interactions with students and professionals. Since your classmates are also interested in business management, this will let you approach your peers for insights, exchange ideas, and even propose business opportunities.
2. Better career prospects
With the multitude of skills that you can acquire by pursuing a bachelor of business studies, you get access to excellent career prospects in the field of management, finance, organizational and human resource management, project management, wealth management, etc. A comprehensive degree in business management from one of the top colleges in Australia introduces you to these specialties that you can master and eventually build a career in.
Although money may not be your prime objective for wanting to enter the business field, being aware of the fact that your lifetime earning potential is comparably high might motivate you some more. Business grads can apply for higher positions than graduates of other fields, which in turn means a higher salary package.
With an average initial salary of almost $55,000 annually, a business degree will benefit you with high money potential, soon after graduating or eventually in your career. Pursuing business management is usually followed by progressing with a Master of Business Administration (MBA) degree.
3. Practical execution of theoretical knowledge
Business management is not all about theory. Almost all top colleges in Australia offer a Bachelor of business management degree with a curriculum that is strategically designed to include just as many practical studies as theoretical subjects. This means you not only get to learn and comprehend theoretical knowledge but also get to work on real-time case studies and modules where you get to apply the knowledge you gained during the course of learning.
To be able to apply what you learned during the course of your business degree, in the real world you will need to already have an idea of how the theories work in real-time scenarios.
For this reason, most bachelors of business degrees are focused on requiring students to
4. Develop entrepreneurial skills
The multi-faceted specialized learning that you get from a bachelor of business helps develop an entrepreneurial outlook toward business and gives you a platform to test and launch your own ideas in various group settings, faculty interactions, presentations, and management case studies. If you are clever enough to think above and beyond the curriculum and take a step further to voice and present them, you can get deeper insights that can help take off your ideas to the next level.
Moreover, your familiarity with subjects like human resource management, marketing, organizational behavior, finance and cost accounting, logistics and operation, project management, business management fundamentals, etc comes in handy when you consider starting your own business project.
5. Enhancement in interpersonal skills
The Bachelor of business is designed in such a way that is sure to help develop your communication and interpersonal skills. Writing an effective report or presenting a sales pitch–or even working on case studies in group settings–demands having impeccable communication skills. While pursuing a bachelor of business management from a top college in Australia, you get to interact with students from different parts of the world and work on a variety of challenging group projects. Your experiences and opinions may be completely different, and at times they may be conflicting. To get your score you’ll have to interpret and analyze cases, tactfully react to clashing or contradictory opinions, and ace the art of getting your point across without getting into heated arguments.
Pursuing a bachelor of business is a massive undertaking that will take you a step ahead in the corporate world, and can change you for the better in several ways.
As with all areas of study, pursuing a Bachelor of Business teaches the candidate a very specific skill set along with the course – not just academic, but even the soft skills which are important to enable your long-term success in the business field.
1. You learn team-building and teamwork through collaborating with your peers via group projects.
2. You can sharpen your speech and language because the way you talk is integral to your success as a business manager.
3. You also get to work on your motivational and leadership skills during the course of your graduation, which you’ll have to readily put to use in a managerial position.
4. You’ll also get to improve your adaptability and receptiveness so that you can not only survive but also excel in the constantly changing and evolving business world.
6. Case-study based learning
You can expect to learn with the help of practical and relevant experiences. Business degrees are known for having a greater degree of case-focused learning where business schools use real-time business scenarios as examples, to prepare you for working in the professional world.
Most business schools teach the students with the help of the case method to teach business management students how to understand business problems and come up with solutions from a leadership angle. This method includes providing students with business case studies, that are centered on real-time business problems or cases that are closely related to actual business scenarios.
As a bachelor of business student, you will be required to go through the case, analyze the problem areas that are posed, assess underlying issues, and provide insightful solutions to the problem. You are required to provide a realistic solution in your analysis and a thorough explanation of why you think that solution is the ideal fit for the problem at hand. This learning method prepares you for the real-life problems that you might face when you enter the corporate world as a professional, where problem-solving skills are a must-have.
In a nutshell…
Starting your career in the dynamic business world can be intimidating with all the challenges that it puts your way. But the right set of skills and the right kind of education to support you in the long haul can equip you with all you need to put your best foot forward in the business world.