Where Could a Business Degree Take You?
It’s important to pick an undergraduate degree that fits with the career you want—the investment of time and money you will make needs to take you in the right direction for your future.
However, making a decision based on what you want to do after college is easier said than done. With four years between you and your career, who knows whether you’ll be most interested in the major you are contemplating now once you’ve graduated?
Many students choose a business degree precisely because of this problem. Not only does a business major give you a wide range of career choices, but it gives you practical skills you’ll need no matter what you do. So even if you change your mind about your career aspirations, you’ll still be able to work in an almost endless variety of roles.
Employers love business graduates because they know that they have the mindset to jump straight into the world of work once they finish college. Over 96% of Hult undergraduates were employed or pursuing an advanced degree within six months after graduation last year, and the results of a recent survey by the National Association of Colleges and Employers on projected employment for recent college grads, business administration sits within the top 4 most sought-after bachelor degrees.
Despite all of these positives, we know it can still be difficult to envision what a business degree might actually mean for your career. How do all the classes you’ll take in management, marketing, and finance actually translate into a job? Without work experience it can be tough to work out what you might actually do all day.
That’s why we asked our Career Development team to tell us a bit more about some of the industries Hult undergrads have gone on to work in after graduation.
If you are looking for a way to combine your interests with the training your degree will bring, here are a few ideas on where to start:
Industry: Luxury Branding
Business Discipline: Marketing
Sample Roles: Account Executive; Brand Manager; Marketing Executive; Social Media Manager
Making your mark in the luxury industry used to be all about who you knew rather than what you knew, but with brands rising and falling so quickly in popularity over the last few years, practical skills and innovative ideas have become commodities that luxury employers need in their employees—and that’s where your business degree can help. Market research skills and the ability to spot trends are crucial in this industry, as is creativity, which you’ll need in spades. A good understanding of how to bring a product to market could take you far, too—something you will definitely understand after completing a business degree.
What to Expect: Lots of project management responsibilities, and the need to wear several hats at once.
Business Discipline: Finance & Accounting
Sample Roles: Finance Analyst, Wealth Manager; Corporate Risk Analyst; Stockbroker, Venture Capitalist
In this multi-billion dollar industry you will specialize fast, so you need to understand which career path your first job will take you down—and if that is really the direction you want to go in. Take your time, do your research, and you’ll be able to take advantage of the career paths that reward hard work and talent in finance. Demonstrate practical experience on top of this, from either your classes or an industry internship, and you will have a significant advantage over other candidates applying. Hult’s careers team use this strategy to help our own students stand out from the crowd, so they know it works—finance is the number one industry our graduates are employed in!
What to Expect: You’ll be expected to pitch in straight away in this high-flying field, where hours can be long and competition fierce. Your ability to get the job done quickly, efficiently, and with pin-point accuracy is what will build your reputation, as will an ability to bounce back when the workload gets tough.
Industry: Technological Entrepreneurship
Business Discipline: Technology & Entrepreneurship
Sample Roles: CEO, Marketer, Business Development Manager, Engineer, Developer, and everything in between.
Entrepreneurship is a dream career for many people, and in today’s marketplace, one of the best ways to start your own business is to take advantage of the boom in technology and the smaller, specialized workforces it requires. A risky path which requires a lot of hard work, many Hult graduates and current students have nevertheless told us that starting their own tech business is one of the most fulfilling things they have ever done. Whatever your chosen industry, you’ll need to be passionate about your product and have the knowledge and practical skills to back it up. That’s why a lot of Hult students spend a couple of years post-graduation on the job learning the development skills they’ll need before deciding whether to start their own tech company.
What to Expect: Whether technology or entrepreneurship is your chosen discipline, you’ll find that strong networking skills and a good understanding of the market is essential. The work can be high-pressure, with long working hours, but with experience and time you could create a business that allows you to be your own boss, take risks, and build something you are incredibly proud of.
We’ve had Hult students launch apps, start fashion boutiques— even work for Formula One racing companies. Our recent careers survey showed graduates working at some of the world’s best known brands—Apple, Tesla, Google, Santander, Bloomberg, and more have hired Hult students in a variety of roles, all of whom have found a way to bring their passion and their business skills together.
As a DECA student, we have no doubt that you will be able to do the same!
This article was written by DECA National Advisory Board member, Hult International Business School. You can find out more about Hult International Business School, our Bachelor of Business Administration degree, campuses in London and San Francisco, faculty, and more when you follow us on Facebook, Instagram or Twitter.
Career statistics featured reference the Class of 2016 surveyed 6 months post-graduation.