Are you a business student or in the midst of deciding what you’ll study in college? If so, it’s important to know what majors are currently in demand. With the right degree, you can set yourself up for a successful career.
In this blog post, we’ll discuss ten business majors that are currently in demand. We’ll look at the potential benefits of each and provide tips for finding the best program for you. Read on to learn more about the top business majors.
Reader's Roadmap
1) Accounting
Accounting is a field that focuses on the collection, organization, analysis, and interpretation of financial data. With an accounting degree, you’ll gain a fundamental understanding of taxation, auditing, accounting principles and practices, investments, and cost management.
You’ll also develop problem-solving, critical thinking, decision-making, communication, and research skills. An accounting degree can open up a range of career opportunities in various fields, such as public accounting, corporate accounting, auditing, and management accounting. Jobs in these fields are available to those with a bachelor’s or master’s degree in accounting.
2) Business Administration
Business administration is a great foundation for any career path, as it covers various skills, such as accounting, finance, marketing, human resources management, and operations. Its majors can also focus on specific areas, such as healthcare or hospitality management.
If you’re looking to advance your career in business administration, then pursuing an MBA online degree program may be the best route for you. Longwood University MBA is a quality program that offers courses such as leadership and strategy, economic analysis and decision-making, and corporate finance. Plus, this program can be completed in as little as ten months, allowing you to get ahead in your career faster. With the support of faculty and staff, you’ll be able to learn the skills necessary to excel in the business world.
3) Economics
With an Economics degree, students gain a comprehensive understanding of the markets, how they work, and the principles of economics that drive them. This knowledge can be used to evaluate and develop effective strategies for businesses and organizations and identify economic trends and their potential impacts.
Economics majors learn the principles of macroeconomics, microeconomics, and international economics, giving them insight into how the world works on a larger scale. They also become adept at analyzing data to predict financial outcomes and identify potential solutions to economic issues. With an economics degree, students will be prepared to work in financial analysis, investment banking, and even government policymaking.
4) Entrepreneurship
Entrepreneurship is one of the most in-demand business majors today. It focuses on teaching students how to start and manage their businesses. Entrepreneurship majors will learn about business planning, raising capital, marketing, legal issues, and financial management. With this degree, graduates can launch their businesses, join a startup, or go into venture capital. This major is great for those looking to become entrepreneurs.
5) Finance
Finance is the study of managing money and how to make investments. This field involves the management of assets, liabilities, and decisions regarding investments, budgeting, and forecasting. It also involves understanding business cycles and making projections based on current economic trends. Professionals in finance are in high demand right now due to the ever-changing global economy.
With a degree in finance, you will get the skills to analyze financial data and make sound decisions that will help your employer remain competitive. Finance majors can pursue various career paths, such as becoming a financial analyst, portfolio manager, or investment banker.
In addition to obtaining a degree in finance, acquiring relevant certifications can significantly elevate one’s professional standing and career prospects within the highly competitive finance industry. To help prepare for the certification exams, Career Employer‘s guide on Series 7 questions can be a valuable resource, providing practice questions and explanations to help individuals feel confident and prepared on exam day.
6) Human Resources Management
Human Resources Management is an increasingly popular business major for students today. HRM focuses on preparing students to manage human resources in a company, such as recruiting and hiring new employees, evaluating performance, and providing training and development opportunities.
HRM majors will learn about organizational behavior, labor law, payroll and benefits, recruitment and selection, and risk management. This major is perfect for those who want to work in the HR departments of companies or talent management positions.
7) Information Systems
Information Systems focuses on using technology to better manage and improve organizational processes. In this major, you will learn how to design and maintain technology systems to support organizations. You will also develop data management, systems analysis and design, networking and database management, and programming skills.
With the rise of big data and artificial intelligence, many employers are looking for individuals with a strong understanding of Information Systems. With this major, you could work in information technology consulting, software engineering, computer systems analysis, and more.
8) International Business
International business is the practice of conducting business across borders and cultures. It involves exchanging goods, services, and capital between two or more countries. International business is a popular major because it provides students with a global perspective and prepares them for a career in a rapidly changing world.
International business majors learn about the legal, political, and economic environment of international trade and how to navigate the complexities of trading across borders. Students also learn about the cultural aspects of doing business in different countries and how to bridge gaps between different countries’ customs and laws.
9) Management
Management majors learn about organizational structure, leadership, motivation, decision-making, and communication.
With a management degree, students can pursue various jobs such as project manager, operations manager, human resources manager, and more. As businesses strive to stay competitive in today’s market, the demand for qualified management professionals continues to rise. Students who choose this major should have strong problem-solving and critical-thinking skills and be comfortable taking on a leadership role.
10) Marketing
Marketing professionals help companies develop strategies to reach their target customers and craft campaigns that bring awareness to the company’s products or services. In addition, they must also understand consumer behavior and trends to create successful campaigns.
With the rise of digital marketing, many companies seek marketing professionals with experience creating digital campaigns and managing social media accounts. With a degree in marketing, you could work in various roles such as account manager, brand manager, or market researcher.
Conclusion
In today’s job market, it’s important to have the right skills and education to compete for available jobs. Business majors are a great way to help you stand out in the job market and increase your earning potential.
The ten business majors listed above are all in high demand and provide you with the training and knowledge needed to pursue a successful career. With the right knowledge and skills, you can make an impact on the business world!