Category: Tips

Out of all college degrees awarded, about 20% are business degrees which implies the business is one of the popular majors. However, students find it daunting to select a specific business major owing to the option to consider many fields.

Here is a brief description of the most common business major that one must choose considering their career interests, strengths, and other factors.

Business Major Overview

A lot of students are aiming to get business degrees. So to stand out from the crowd, one needs to carefully choose the specialization in a specific type of business major. It is a big decision to make in education, but it gives you more direction and helps your resume to stand out from others.

Every university offers several types of business degrees and specialties. Here are some details of the most common business majors to help you make a choice based upon your strengths and interests.

Accounting

This is the best business majors as it equips students with specific skills needed to oversee a company’s finance. Most companies demand new graduates with a bachelor’s degree majoring in accounting. This is a good fit for a student who likes mathematics, taxation, and auditing. One can also become a certified public accountant or CPA.

International Business

In today’s economy, a bachelor’s degree specializing in international business is a flair for students aiming to work with overseas corporations. In this business course, students study about global economics, supply chain management, international trade, strategic management, and international law.

Finance

Finance jobs pay quite well. Candidate willing to do a business degree with a minor in finance can work in almost any company, but a bank, investment firm, or brokerage will typically benefit them. Finance major gives them a solid overview of investment management, corporate finance, accounting, and business strategy. People, who select this course, become an investment banker, CFO, or stockbroker.

Management

A major in management guides candidates on how to use resources effectively to achieve goals in various types of organizations within a specified time. This coursework strategically makes them learn the operations required to bring together financial, material, human, and information resources. A graduate with a management major has a good understanding of the general business management world, which is required to manage companies’ operations.

These are some of the business majors types one can choose from, hopefully, it will guide in making an informed decision about your future business career. Citicollege offers various business courses to elevate your career.

It is quite a challenge to select a course that suits your interest the best. Students generally end up taking courses that their family and friends insist them to take.

Are you Interested in starting to become an entrepreneur? Well, being passionate about it is one of the key aspects of starting and successfully running a business, but it is not enough. Excellent business skills such as strategy, marketing, finance, and business planning are also necessary. You will require other skills too, like communication, leadership, motivation, and analysis. You can learn these skills by studying a business management Diploma. So what exactly is this Diploma all about and why is it so important.

If you want to become an entrepreneur? Read on to find out.

What is business management?

Business management refers to the activities associated with running an organization. Business planning, strategizing, monitoring, finance, and marketing are some of the activities involved in managing a business. The concept of business management is based on a learning framework that identifies the skills and knowledge a student must possess on completion of the diploma. Starting and running a successful business requires a superb idea and knowledge of the six key aspects of business management.

Why should entrepreneurs study business management?

In order to become an entrepreneur, you should possess certain traits, and doing a diploma in business management can help you get there. There are certain advantages for budding entrepreneurs to review business management, take a glance at a number of them here:

• Learning new skills: Studying business management will give you a complete understanding of how an organization works, the dynamics involved in business markets, and best business practices. It hones in on business-centric skills like business administration, advertising, and sales. The combination of these skills and knowledge can help you fulfill your dream of becoming an entrepreneur and running a successful firm in the long run.
• Making contacts: One important part of becoming an entrepreneur is making contacts with like-minded people, whether it is for funding, partnerships, or job opportunities. These like-minded people are likely to be found in a business school. The more connections you make in business school, the more beneficial it becomes for you in the future when you start their own firm or organization.
• Gaining credibility: Entrepreneurs require funds to start their own business. Earning a business management diploma will add credibility to a budding entrepreneur’s request when they approach investors for money. Aspiring entrepreneurs are less likely to obtain funding if they are just graduates. Also, having a business diploma provides a good backup in case your start-up fails and you need to apply for a job.
• Increasing knowledge: Thanks to the constant change in markets, business models, and techniques, entrepreneurs should attend business schools for refresher courses that enable them to stay up with the changing requirements and demands of running a business.
  Methods of running a business: A business management diploma teaches people how to run a business.
• Critical decision-making: Critical decision-making is a key trait of any successful entrepreneur. This skill is developed and refined by students during their business management studies. It is very useful in scenarios such as hiring new employees, dismissing personnel, reallocating resources in the organization, or developing and implementing a fresh framework in case the business needs.

Having a business diploma is not compulsory to become an entrepreneur, but it does help greatly. Entrepreneurs have to make key decisions and solve major problems in a limited time frame, which ultimately may overwhelm them. Business schools simulate similar high-pressure scenarios for college kids to organize them to face an equivalent within the world.

When it comes to studies, each student is different. Some students study throughout the year, some just a few weeks before the exams and some may study just a couple of days before their exams. It is important for students to develop a practical approach when it comes to studies and completing their assignments. Each student has a different study method and there is nothing wrong or right about that. It is all about what works best for a student. The approach that works for student X may not work for student Y.

Here are some effective tips and ways by which students can boost their study habits:

1. Keeping the distractions away

The life of students is filled with distractions, especially college students. Right from smartphones to social media accounts to friends. When it comes to studying effectively, it is important to stay away from these distractions. The biggest distraction in today’s digital world is smartphones and the various social media accounts that students have to chat with their friends. It will definitely be a good habit to switch off the mobile phones when one is attending a lecture or completing an assignment in hand. This would help students focus only on studies for that time duration.

2. Identifying a suitable study area

As mentioned earlier, each student is different and so are their requirements. When it comes to choosing a study area, students should opt for a peaceful and quiet place where they can focus on the subject. It may be a library, park, cafe or for that matter even their own personal space at home. It is essential to find out what works best for you as a student.

3. Studies must be accompanied by short breaks

One important thing which students should understand is that studying for long hours without taking a break is exhausting, both physically and mentally. Studying for 1-2 hours accompanied by a 10-15 minute break in between is ideal and would help to make the study time more productive. Studying is short bursts helps to improve the retention power of the brain as well. Students must know when to switch on and when to switch off.

4. Making studies fun and creative

Students often come across a particular chapter or a topic or even for that matter a subject which they don’t like or find it too difficult to study. In such cases, making their own notes to simplify the concept is really handy. Students can prepare memory maps or concept maps for difficult concepts they study in the chapter. Highlighting the keywords in the notes is also another way of remembering things better. Creating visual aids enables students to retain what they have studied and can be an effective last minute revision tool for them. It all about how to make learning fun and exciting for yourself.

5. Seeking help and guidance

Teachers and professors are always there to guide and support students. If a student has doubts about a particular topic or is finding it hard to understand, it would be wise for him/her to take the initiative and ask the teacher for better explanation and clarity.

Remember, there is no harm in asking questions and clearing your doubts.